The global market of optical test equipment is expected to reach $951.2 million in 2022 from $730million in 2015, reflecting a CAGR of 5.11%. APAC is the largest market for fiber test equipment in terms of value and is expected to register growth at the highest CAGR of 6.05%. Telecommunication and broadband market individually is expected to give return on CAGR as 3.73% for the period of 2015-2022.

The global milk alternatives market is expected to grow at the CAGR of 15.7% during 2015-2022, the key factor which is driving the market is increase in the number of allergic patients due to the allergic causing content of the milk. Large number of population is getting inclined towards milk alternatives as to change their food and lifestyle habits. Asia pacific holds the highest market share of 46% in the milk alternatives market claiming to be the leader in this industry followed byNorth America with 30% market share. In recent years, consumption of milk alternatives has steadily increased due to a growing number of vegans, and health concerns regarding the antibiotics and growth hormones found in cow’s milk.

The global Membrane Microfiltration market is forecasted to grow around $2.6 billion at the CAGR of 11% during 2015-2022. The major factors driving the market are increasing demand of Membrane Microfiltration due to rising stringent water quality legislation. Increasing demand for new technologies is also helpful in boosting the global membrane microfiltration market. With the change in lifestyles and growing concerns for safety and health, the market is expected to boost globally. High investment in the membrane microfiltration market by various economies is boosting the pharmaceuticals industries.

The Global Machine Vision Technologies market is expected to grow at the CAGR of 9.3% during 2015-2022 is valued at approx $8.08 billion in 2014 expected to reach $12.40 billion by 2022. The major factors driving the market are high demand for regulatory mandates for food pharmacy and automotive industry, growing demand for vision guided robotics system, increase in quality inspection and automation needs and increase in application specific machine vision system’s demand. Growing manufacturing facilities in developing region and advancement in vision technology and industrial expansion are exploring machine vision in new market avenues.

The global life science tool and reagents market was calculated US$12.3bn in 2012 and is expected to be $29.13bn by 2022 indicating the CAGR of 11.43% for 2015-2022. The major driving factor uplifting the market is advancement in technology, also the increase in investments in research and development in health care industries is driving the market to fulfill the need and demand of new products. In this era where new kind of diseases are entering into the world, technology is getting more and more advanced to support the life science.

The global geosynthetics marketis expected to grow at the CAGR of 10.98% during 2015-2022 is valued at approx $1.70 billion in 2014 expected to reach $15.40 billion by 2022. The major factors driving the market are environment protection regulationsand infrastructure growth across globe driven by government policies. Geosynthetics are versatile and highly durable material and its cost effectiveness serves as a factor of growth in market. The major driver of market is the large capital projects undertaken by the government bodies to improve civil facilities.

The blood testing technologymarket is expected to grow at the CAGR of 10.5% during 2015-2022. The major factors driving the market are increasing patient population, growing healthcare centers and technological advancements. The patient population is increasing gradually due to growing infectious diseases such as viral, cancer, HIV, genetic disorder, thyroid which enhance the need for blood testing resulting in expansion of blood testing technology market. Growing healthcare center is another factor affecting the market.

The global industrial gas market is expected to grow at the CAGR of 6.1% during 2015-2022, the key factors which rises the market is industrialization, due to urbanization industrial activities were growing rapidly they requires power and energy to work as a result demand for natural gases, oil and other natural resources rises up, in many part of the world natural gas also used in domestic purpose, majorly in high populated cities like china and india. The Asia Pacific region will remain the fastest growing based on its ever expanding manufacturing base. Industrial gases comprise of atmospheric gases and process gases.

The Global Market and technologies for advanced drug delivery system is expected to grow at the CAGR of 7.6% during 2015-2022.The drivers which helps to increase the market are increasing chronic diseases in human beings, rising biologics market and advancement of drug innovation and technology. The major factors driving the market is increasing chronic diseases in human beings. The chronic disease are a long term despises whose precautions are taken very long. For example heart disease, diabetes, stroke, and chronic respiratory problems

Nutraceuticals are ingredients of food and beverages having large number of health benefits such as providing nutrition, assisting in weight management, heart health, bone health etc. The global nutraceuticals is expected to grow at a CAGR of 7.7%. There is a continuous rise in the number of health conscious people around the world who are more inclined towards dietary supplements and nutritious products. Also the rising geriatric population around the globe is driving the demand of nutraceuticals.

The global ultrafast lasers and technologies market is expected to grow at the CAGR of 24.6% during 2015-2022. The major factors driving the market are increasing demand of laser usage in skin treatment such as wrinkles, birthmarks, tattoos etc. Due to high commercial use of the laser technology companies are investing in research and development projects and are coming out with technologically upgraded products.

The global genome editing technology market is expected to grow at the CAGR of 14.1% during 2015-2022. The major factors driving the market are rising of genetically modified crop production, technological advancement, rise of biotechnology and pharmaceutical industry. Recent advancement in genome editing technology is CRISPR facilitating rapid and specific manipulations in gene sequence.

The global electrophoresis technology market is expected to grow at the CAGR of 5.5% during 2015-2022. The major factors driving the market are rising number of industry=academic collaborations. There are a rising number of collaborations between industry and universities as a result of rising global knowledge economy which is paving the way for these kind of strategic partnerships. World class research universities are taking front foot for such partnerships, this partnerships are designed for longer run and to enhance competitiveness of companies.

The global biosimilars market is expected to grow at the an CAGR of 22.6% from 2015 to 2022 and expected to reach $6.22billion by 2022.The major factors driving the market are increase in number off patented drugs and growing geriatric population leading to increasing chronic disease incidences.

The Global Sterilization Technology market is expected to grow at the CAGR of 7.8% during 2015-2022. The drivers which help to increase the market are growing demand for sterilization equipment’s and technology, reinforcing demand due to technological advancement and growing demand in health care industries. The major factors driving the market are reinforcing demand due to technological advancement development which helps to fill the needs of an advanced sterilizers and techniques that are able to exist with these instruments. The sterilization technologies are widely used to reduce the growth of bacteria, which helps in reducing the transmission of organisms.

The Global Market for Plastics Additives is expected to grow at the CAGR of 4.5% during 2015-2022. The drivers which helps to increase the market are new product development and growth and durability, flexibility and microbilr resistances among others helps to drive the market demand. The major factors driving the market is developing new products of plastics additives. The players of this field are interested to invest and try to increase the market size in the emerging countries.

The global pharmaceutical equipment market is expected to grow at the CAGR of 12.5% during 2015-2022. The major factors driving the market are increasing pharmaceutical industries combined with technological advancement. The demand for medicine is rising rapidly resulting in expansion of pharmaceutical industries. Technological advancement and innovation is the another factor affecting market largely. Key players are adopting the technological innovation as the key strategy to sustain the competitive market.

The global optimal coating market is expected to grow at the CAGR of 7.3% during the forecasted period 2015-2022. The drivers which helps to increase the market are rising consumer electronic demand, high resolution display market, green energy based power generation. The major factors driving the market are high resolution display market which accelerated the optimal coating market.

The global bottled water products market is expected to grow at the CAGR of 8.4% during 2015-2022. The major factors driving the market are growing concern for health and wellness owing to increasing water diseases, innovation of new packaging initiatives such as economic equipment are designed for handling small bottle operations. The market is also driven by changing consumer’s lifestyle; bottled water is preferred as it is vitamin enriched.

The ongoing trend of installing large number of self-service technology products such as ATMs, kiosk and vending machines in public areas are expected to boost the market. The major factors driving the industry are high demand of the self-service machines in various end user segment such as retail, Banking and Financial etc.