Laboratory Services Market Size & Growth

According to a research study published by Knowledge Sourcing Intelligence (KSI), the laboratory services market will expand from USD 608.363 billion in 2025 to USD 736.678 billion in 2030 at a CAGR of 4.79% during the forecast period.

The tests and services that a medical or testing lab offers to help with patient diagnosis and treatment are known as laboratory services. These tests support the analysis of data and the preparation of relevant evidence for therapeutic and diagnostic decisions for patients by doctors, physicians, and other healthcare professionals.

Many nations, including China, Chile, Russia, and Iran, will have a geriatric population percentage equal to Japan’s by 2050.  The aging population is linked to a number of health issues, including melancholy, back and neck discomfort, hearing loss, and others.  Geriatric syndromes affect the elderly, thus it’s critical to create laboratory services that are handy, cutting edge, and reasonably priced.  Improvements in technology and automation will reduce the workload and increase productivity.

The The International Diabetes Federation (IDF) projects that 67,000.0 (in thousands) Europeans aged 20 to 79 will have diabetes in 2030, and 69,000.0 will have the disease in 2045.  This number illustrates how serious the region’s growing chronic illness problems are.  The requirement for laboratory services will increase as a result of the increase in chronic illness patients. Achieving universal healthcare requires a general rise in healthcare spending. For the benefit of its citizens, the government and large global companies have been creating clinical and practical laboratory services. The expansion of laboratory services has been significantly aided by automation and digitization. By building hospitals, labs, and other vital healthcare facilities and services, regional governments have been increasing their overall health spending in recent years.

The Laboratory Services Market includes a wide range of test types including Routine testing, Anatomic pathology, Molecular & genetic Drug testing, Pap & HPV testing, and others. By end user, the market is segmented into Mobile/ Home-based sample collection and Laboratories visiting centers.

➥ View a sample of the report or purchase the complete study at: Laboratory Services Market Report

Laboratory Services Market Report Highlights

• Concern over the HIV issue has been particularly acute in Africa.  In 2023, 640,000 individuals on the continent contracted HIV, which is much more than any other continent.  Governments all throughout the world have been making significant financial investments in the development of laboratory services that aid in the investigation and analysis of this serious issue.
• Many countries have been investing a substantial sum of capital into healthcare, focusing on the development of clinical laboratory services. These services are beneficial, affordable, and give factual information.
• Asia-Pacific Significant growth is anticipated in the Asia Pacific area.  With the help of the government and the private sector, the Indian healthcare sector grew significantly in 2023, reaching a value of US$372 billion.  Temasek made a US$2 billion investment in Manipal Health Enterprises, a top Indian healthcare company, in May 2023.  In 2024, the Indian medical tourism industry was estimated to be worth US$7.69 billion.

Report Coverage:

Report Metric	Details
Laboratory Services Market Size in 2025	US$608.363 billion
Laboratory Services Market Size in 2030	US$736.678 billion
Growth Rate	CAGR of 4.79%
Drivers	Surge in Diagnostic Testing Demand Automation Speeding Test Turnaround
Restraints	Staffing Shortages Strain Labs Shift Toward Point-of-Care Testing Undermines Labs
Segmentation	Test Category End-User Geography
List of Major Companies in the  Laboratory Services Market	Bio-Reference Laboratories Spectra Laboratories ARUP Laboratories IQVIA Laboratories Thermo Fisher Scientific

Laboratory Services Market Growth Drivers and Restraints

Drivers:

• Surge in Diagnostic Testing Demand: Labcorp increased its 2025 earnings and revenue estimates due to high levels of demand for diagnostic and biopharma testing, associated with non-urgent surgeries, and declining birth rates and rising elderly populations.
• Automation Speeding Test Turnaround: SGPGIMS, in Lucknow, opened Uttar Pradesh’s first fully automated pathology lab to process testing at levels greater than 4,000 tests/hour in order to provide better, faster diagnostic services.

Restraints:

• Staffing Shortages Strain Labs: The U.S. is facing a shortage of laboratory professionals, exacerbating vacancies and a shortage of lab staff (increasing demand by 24% by 2025), which is restricting growth capacity.
• Shift Toward Point-of-Care Testing Undermines Labs: Increased demand for point-of-care testing (and direct-to-consumer testing) is taking a large volume of samples and tests away from traditional laboratories to more rapid, point-of-care, and decentralised testing approaches, essentially squeezing out traditional laboratory services.

Laboratory Services Market Key Developments:

• India is planning a unified national registry for labs to speed up export clearances via digital tracking and report uploads.
• France proposes profit caps on private equity-owned medical labs, targeting high margins and demanding restructuring of major players.

Laboratory Services Market Segmentation

Knowledge Sourcing Intelligence has segmented the Laboratory Services Market based on test category, end user, and region:

Laboratory Services Market, By Test Category

• Routine testing
• Anatomic pathology
• Molecular & genetic
• Drug testing
• Pap & HPV testing

Laboratory Services Market, By End User

• Mobile/ Home-based sample collection
• Laboratories visiting centers

Laboratory Services Market, By Region

• North America
  • USA
  • Canada
  • Mexico
• South America
  • Brazil
  • Argentina
  • Others
• Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • Others
• Middle East and Africa
  • Saudi Arabia
  • UAE
  • Others
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Others

Laboratory Services Market Key Players

• Quest Diagnostics
• LabCorp
• Sanofi Genzyme
• Abbott Laboratories
• Charles River Laboratories, Inc.
• Bio-Reference Laboratories
• Spectra Laboratories
• Genoptix Medical Laboratory Services (NeoGenomics Laboratories)
• ARUP Laboratories
• IQVIA Laboratories
• Thermo Fisher Scientific

About Knowledge Sourcing Intelligence (KSI)

Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm headquartered in India. Backed by seasoned industry experts, we offer syndicated reports, customized research, and strategic consulting services. Our proprietary data analytics framework, combined with rigorous primary and secondary research, enables us to deliver high-quality insights that support informed decision-making. Our solutions empower businesses to gain a competitive edge in their markets. With deep expertise across ten key sectors, including ICT, Chemicals, Semiconductors, and Healthcare, we effectively address the diverse needs of our global clientele.

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Food Certification Market Size & Growth 

According to a research study published by Knowledge Sourcing Intelligence (KSI), the food certification market will expand from USD 8.284 billion in 2025 to USD 10.616 billion in 2030 at a CAGR of 5.09% during the forecast period.

The process of confirming that goods, procedures, or systems in the food supply chain adhere to recognized safety standards based on several food safety standard types is known as food certification.  It suggests that following a series of tests, inspections, and audits, the food product is deemed safe for eating and conforms with the relevant food standards.

key Growing concerns about food safety among governments and food corporations throughout the world are one of the major causes supporting the expansion of the food certification market.  The WHO takes into account the development of good health by producing enough safe and nourishing food for the populace.  According to the group, contaminated food that contains dangerous bacteria, viruses, parasites, or chemicals can lead to over 200 ailments.

Over the next five years, the food certification market is expected to be positively driven by stringent government rules pertaining to the consumption of nutritious food and the existence of high requirements in the food applications segment.  Food manufacturers are under more pressure to make their products safer and cleaner for human consumption as a result of the rising number of foodborne illness incidents.  Over the course of the projection year, this is further boosting the business growth prospects of the market participants. Furthermore, eating tainted food causes illness in one out of ten individuals and about 420,000 deaths annually.  Thus, food certification is essential for guaranteeing the food’s safety and cleanliness, which supports the growth of the food certification market throughout the forecast period.

The Food Certification market includes a wide range of types including ISO 22000, BRC, IFS, Halal, Kosher, and others. By Food, the market is segmented into Meat and Poultry, Dairy, Infant Foods, Bakery and Confectionery, and others.

➥ View a sample of the report or purchase the complete study at: Food Certification Market Report

Food Certification Market Report Highlights

• During the projection period, the halal certification industry is expected to develop significantly by certification type.  The growing demand for food with halal certification is another factor driving this market’s expansion.  Furthermore, stringent approvals pertaining to the import of halal meats, particularly in the Middle East, will bolster industry expansion in the upcoming years.
• Due in large part to the huge rise in meat product consumption, the meat and poultry industry is expected to maintain a high market share over the next five years and is expected to grow significantly over the following few years.
• Asia-Pacific The market for food certification is anticipated to expand significantly in the Asia Pacific area.  The food processing industry in India is expected to grow from US$866 billion in 2022 to US$1,274 billion in 2027.  The population increase, shifting lifestyles, and changing eating habits brought on by increased urbanization are the main drivers of the expansion.

Report Coverage:

Report Metric	Details
Food Certification Market Size in 2025	US$8.284 billion
Food Certification Market Size in 2030	US$10.616 billion
Growth Rate	CAGR of 5.09%
Drivers	Technological Developments in Food Certification and Testing Development of the Processed and Packaged Food Sector
Restraints	Absence of Common International Standards Farmers and Small Producers Lack of Awareness
Segmentation	Certification Type Food Type Geography
List of Major Companies in the Food Certification Market	SGS SA Intertek Group plc Bureau Veritas Kiwa NV DNV GL

Food Certification Market Growth Drivers vs. Challenges

Drivers:

• Technological Developments in Food Certification and Testing: The influence of technologies like blockchain, AI and, IoT is helping food traceability and certification verification. Digital certification platforms are helping small and medium enterprises (SMEs) meet the international food safety standards. Also, new testing technologies, such as rapid tests and automated testing equipment will assist reduce the time and cost of certification and thereby improve the sectors uptake.
• Development of the Processed and Packaged Food Sector: The world is experiencing rapid growth in packaged, ready-to-eat, and processed food due to urbanization and urban lifestyles. These products are at greater risk of contamination because packaged, ready-to-eat, and processed food products can be at higher risk of contamination during handling and shipment, so it is important to get certified to confirm the safety of food products. Major food manufacturers and retailers require certifications for suppliers to help mitigate risks and stand behind those they are selling.

Challenges:

• Absence of Common International Standards: Food certification regulations differ significantly from country-to-country, as well as region-to-region, making it very challenging for enterprises to simultaneously meet multiple requirements in disparate jurisdictions. Without a system that connects all jurisdictions across the globe, people experience systematic auditing, duplicate testing, and excess paperwork, all of which results in inherent operational inefficiencies. Problems are routinely encountered by exporters when a product certified in one country can be sold in another country without additional oversight or certification, are perceived to be less thorough in another jurisdiction, thus limiting the ability to trade across borders.
• Farmers and Small Producers Lack of Awareness: Many small-scale farmers and food producers are unaware of the requirements and advantages of certification, particularly in developing nations. They are unable to meet compliance standards due to limited access to resources, training, and support. This impacts overall market penetration by increasing the disparity between certified large corporations and uncertified local producers.

Food Certification Market Developments  

• Company Initiative: In June 2025, SGS launched the PLEDGE on Food Waste Certification, a premier worldwide certification program intended to assist food service providers in lowering food waste, increasing operational effectiveness, and showcasing their dedication to sustainability.
• New Product Launch: In March 2025, According to Form-I, the Vegan Foods Amendment Regulations, which were drafted by the FSSAI, mandate that imports of vegan foods bear a certificate from the recognized authority of the exporting nation.

Food Certification Market Segmentation

Knowledge Sourcing Intelligence has segmented the food certification market based on certification type, food type, and region:

Food Certification Market, By Certification Type

• ISO 22000
• BRC
• IFS
• Halal
• Kosher
• Others

Food Certification Market, By Food Type

• Meat and Poultry
• Dairy
• Infant Foods
• Bakery and Confectionery
• Others

Food Certification Market, By Region

• North America
  • USA
  • Canada
  • Mexico
• South America
  • Brazil
  • Argentina
  • Others
• Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • Others
• Middle East and Africa
  • Saudi Arabia
  • UAE
  • Others
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Others

Food Certification Market Key Players

• SGS SA
• Intertek Group plc
• Bureau Veritas
• Kiwa NV
• DNV GL
• TÜV SÜD
• Eurofins Scientific
• The British Standards Institution
• TQ Cert Services Pvt. Limited
• NSF International

About Knowledge Sourcing Intelligence (KSI)

Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm headquartered in India. Backed by seasoned industry experts, we offer syndicated reports, customized research, and strategic consulting services. Our proprietary data analytics framework, combined with rigorous primary and secondary research, enables us to deliver high-quality insights that support informed decision-making. Our solutions empower businesses to gain a competitive edge in their markets. With deep expertise across ten key sectors, including ICT, Chemicals, Semiconductors, and Healthcare, we effectively address the diverse needs of our global clientele.

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Isobutylene Polymer Resins Market Trends & Forecast

According to a research study published by Knowledge Sourcing Intelligence (KSI), the isobutylene polymer resins market will expand from USD 9.046 billion in 2025 to USD 12.462 billion in 2030 at a CAGR of 6.62% during the forecast period.

The isobutylene polymer resins are driven by several factors such as growth in the automotive sector, cosmetics industry expansion, as a fuel additive, and several medical applications.

This expanding automobile industry would lead to a positive growth demand for butyl rubber. Further, the existing number of automobiles would have a growth impact on polyisobutylene succinimides for the engine oil additives.

According to the International Organization of Motor Vehicle Manufacturers (OICA), the automotive vehicle production surged by 10%, Asia-Pacific witnessed 10% growth, and Europe saw 13% growth in 2023. The overall global production of the automobile was 93,546,599, which increased by 10% in 2023.

Further, according to the International Energy Agency (IEA), global electric car sales exceeded 14 million in 2023, following the EV car sales in 2023 being 3.5 million higher than in 2022, a 35% year-on-year increase. In the NZE Scenario, electric car sales reach around 65% of total car sales in 2030. The resins are widely used in rubber tires, inner tubes, fuel additives, and lubricants due to their durability, low permeability to air, and resistance to chemicals and oxidation, thus likely to expand in forecast period.

Innovative technological advancement is further boosting the market growth, as OMV´s new ISO C4 plant at the Burghausen site, a collaboration between BASF and OMV, is based on a novel technology developed jointly by the two companies and has been producing high-purity isobutene. The plant has energy efficiency, saving 20,000 metric tons of CO2 emissions per year and achieving up to 99.9 % purity of production of isobutene. BASF provides the catalyst and reaction concept that intrinsically fulfils all process requirements for OMV.

Further, in June 2023, ExxonMobil Catalysts and Licensing LLC and Axens signed an exclusive agreement allowing Axens to include ExxonMobil’s MTBE Decomposition Technology for high-purity isobutylene in its portfolio. It is used in the production of high-reactivity polyisobutylene and butyl rubber. This technology enables Axens to address the growing demand for petrochemical intermediates. This alliance would provide isobutylene purity of at least 99.99 wt% via an integrated unit with MTBE and MTBE Decomposition technologies or through a standalone unit using MTBE Decomposition technology.

Isobutylene polymer resins are increasingly utilized in the cosmetics industry. In December 2023, Global Bioenergies specified the schedule of its new biobased isobutene plant for cosmetics. The commissioning of its new plant would be by 2027. The new plant would be the first in the world to convert plant-based resources into isobutene derivatives on a large scale. In the cosmetics market, the products will be marketed under the Isonaturane brand name, with applications ranging from make-up to skin care.

➥ View a sample of the report or purchase the complete study at: Isobutylene Polymer Resins Market Report

Isobutylene Polymer Resins Market Report Highlights

• The isobutylene polymer resins market is segmented by type into polyisobutylene and butyl rubber. The butyl rubber demand is growing among automobile manufacturers and tire manufacturing companies.
• The isobutylene polymer resins market is segmented by end-user industry into fuel, rubber, cosmetics, and other. The cosmetics sector is witnessing the growth in personal care and beauty products and a rising demand for non-greasy products.
• Asia Pacific will be the fastest-growing market during the forecast period, driven by huge population, industrialization and urbanization and investment in countries like China and India. Increased demand from the automobile sector is the significant factor driving the market
• North America is anticipated to see considerable growth, fueled by a continuous rise in demand from the healthcare sector, where polyisobutylene is used in medical adhesives, drug coatings, and pharmaceutical packaging materials, further driving demand in the healthcare sector.

Report Coverage:

Report Metric	Details
Isobutylene Polymer Resins Market Size in 2025	US$9.046 billion
Isobutylene Polymer Resins Market Size in 2030	US$12.462 billion
Growth Rate	CAGR of 6.62%
Drivers	Growing Demand from the Automotive Industry Growing Demand from Lubricants
Restraints	Raw Material Price Volatility Stringent Environmental regulations
Segmentation	Type Application End-User Industry Geography
List of Major Companies in Isobutylene Polymer Resins Market	Exxon Mobil Corporation BRP Manufacturing DuPont Braskem Omega Rubber Industries

Isobutylene Polymer Resins Market Drivers and Restraints

Drivers

• Growing Demand from the Automotive Industry: The automotive industry is growing significantly. Butyl rubber can be vulcanizate and has tensile strengths up to 2000 psi. Low permeability to air and a high resistance to chemicals and oxidation characterize these, making them suitable for use in butyl rubber, especially in the inner tubes.  The automotive industry’s demand for isobutylene polymers extends beyond inner tubes to applications like tire inner liners, seals, gaskets, and adhesives. Further, the existing number of automobiles would have a growth impact on polyisobutylene succinimides for the engine oil additives. Thus, the growth of the automotive industry is driving the market demand.

• Growing Demand from Lubricants: Polyisobutylene is widely used in lubricants for modifying the viscosity of the lubricant formulation. It is also used in applications where there is a chance for incidental contact of the lubricant with food, such as in the production of aluminum foils and cans. Products such as MOLYKOTE lubricants include greases, anti-seize pastes, multipurpose oils, specialty compounds, dispersions, anti-friction coatings, etc. Thus, the growth in lubricants demand is significantly driving the market growth.

Restraints

• Raw Material Price Volatility: One of the key restraints the market faces is the raw material price volatility. Its raw material, like petrochemical feedstocks such as isobutylene, is derived from crude oil or natural gas liquids. As the oil and gas industry fluctuates, it also leads to supply chain disruptions.

• Stringent Environmental regulations: The Isobutylene polymer resins market is subject to stringent environmental regulations, particularly in North America and Europe, as they aim to reduce carbon emissions. The production and application both have to adhere to regulations like the EU’s REACH or the U.S. EPA’s Clean Air Act.

Isobutylene Polymer Resins Market Developments

• Strategic Collaboration: In February 2025, ExxonMobil purchased several shipments of naphtha for its newly launched petrochemical complex in southern China as the U.S. energy major prepares for the formal start-up of the $10 billion plant. It will strengthen ExxonMobil’s foothold in Asia’s petrochemical market, enhancing production capacity for polyisobutylene and related derivatives used in lubricants, adhesives, and sealants.

Isobutylene Polymer Resins Market Segmentation

Knowledge Sourcing Intelligence has segmented the global isobutylene polymer resins market based on type, application, end-user industry, and region:

Isobutylene Polymer Resins Market, By Type

• Polyisobutylene
• Butyl Rubber

Isobutylene Polymer Resins Market, By Application

• Adhesives
• Sealants
• Automotive Components
• Fuel Additives
• Lubricant Additives
• Others

Isobutylene Polymer Resins Market, By End-User Industry

• Fuel
• Rubber
• Cosmetics
• Other

Isobutylene Polymer Resins Market, By Region

• North America
  • U.S.
  • Canada
  • Mexico
• South America
  • Brazil
  • Argentina
  • Others
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Others
• Middle East and Africa (MEA)
  • Saudi Arabia
  • UAE
  • Others
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Taiwan
  • Thailand
  • Indonesia
  • Others

Isobutylene Polymer Resins Market Key Players

• ENEOS Corporation
• LABDHI CHEMICALS
• Janex S.A
• TER Chemicals
• SAFIC ALCAN
• TPC Group
• Exxon Mobil Corporation
• BRP Manufacturing
• DuPont
• Braskem
• Omega Rubber Industries

About Knowledge Sourcing Intelligence (KSI)

Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm headquartered in India. Backed by seasoned industry experts, we offer syndicated reports, customized research, and strategic consulting services. Our proprietary data analytics framework, combined with rigorous primary and secondary research, enables us to deliver high-quality insights that support informed decision-making. Our solutions empower businesses to gain a competitive edge in their markets. With deep expertise across ten key sectors, including ICT, Chemicals, Semiconductors, and Healthcare, we effectively address the diverse needs of our global clientele.

Immunosuppressant Drugs Market Trends & Forecast

According to a research study published by Knowledge Sourcing Intelligence (KSI), the immunosuppressant drugs market will expand from USD 42.721 billion in 2025 to USD 76.719 billion in 2030 at a CAGR of 12.42% during the forecast period.

The market is growing in demand due to the increasing prevalence of chronic diseases globally, which is a primary driver. Additionally, various health issues such as lupus, arthritis, and sclerosis demand immunosuppressive medications for controlling the conditions, leading to growth of the market during the projected period.

In addition, the rise in organ failures due to these health conditions, among other causes, is leading to an increase in organ transplants such as liver, heart, and kidney transplants, which is contributing to boosting the demand for immunosuppressants to limit the body from rejecting the new organ. Additionally, the growing advancement in the personalized medications and biologics to enhance the safety and effectiveness of immunosuppressant drugs for offering advanced treatment options for autoimmune diseases leads to increased adoption by patients and healthcare providers, which is contributing to the market expansion.

➥ View a sample of the report or purchase the complete study at: Immunosuppressant Drugs Market Report

Immunosuppressant Drugs Market Report Highlights

• The calcineurin inhibitors segment is estimated to attain greater market share by 2030 in the drug class segment. The segment is experiencing growth due to its higher efficiency in suppressing the immune system. This class of drug is inclusive of cyclosporine and tacrolimus as major active ingredients, which makes it a preferred option for preventing organ rejection along with the management of autoimmune conditions. Moreover, this drug has wider application as they are used in managing autoimmune conditions and in organ transplantation, leading to it having a major market share during the forecasted period. The rise in organ transplant globally will lead to increased demand for calcineurin inhibitors drug.
• The autoimmune disorder segment is the major segment in the application of the global immunosuppressant drugs market because of the rising prevalence of autoimmune conditions such as multiple sclerosis, lupus, and rheumatoid arthritis, which are leading to a rise in demand for immunosuppressive medications. The growing drug development in immunosuppressive drugs to advance its effectiveness with lesser side effects along with enhancing the patient compliance is also contributing to market advancement.
• The online segment is the fastest-growing segment in the market in the distribution channel segment due to its growing e-commerce and digitalization, which is increasing consumer adoption to purchase medications online, including immunosuppressant drugs. Further, online pharmacies provide consumers with convenience and ease of accessibility, which allows patients to purchase from anywhere, which is beneficial for individuals living in remote locations or having trouble with mobility. This segment is also witnessing growth as it provides users with discounts and other offers, which are effective options for treatment.

• North America held the largest global immunosuppressants drug market share on account of the growing prevalence of autoimmune diseases in the region, which demand immunosuppressant treatments. Along with this, the region is witnessing a significant rise in the number of organ transplants, which also drives the demand for immunosuppressant drugs to grow, boosting market growth. The advancement in the healthcare system will also lead to growth in the advancement of immunosuppressant medications, leading to the rise of the North American market.

Report Coverage:

Report Metric	Details
Immunosuppressant Drugs Market Size in 2025	US$42.721 billion
Immunosuppressant Drugs Market Size in 2030	US$76.719 billion
Growth Rate	CAGR of 12.42%
Drivers	Rising chronic health diseases Rising Organ Transplant Rates and Autoimmune Disease Prevalence
Restraints	Adverse side effects of immunosuppressant drugs Higher Cost of Therapy
Segmentation	Drug Class Applications Distribution Channel Geography
List of Major Companies in the Immunosuppressant Drugs Market	Astellas Pharma Inc. Sanofi AbbVie Inc. Veloxis Pharmaceuticals Inc. GlaxoSmithKline plc

Immunosuppressant Drugs Market Drivers and Restraints

Drivers

• Rising chronic health diseases: Rising chronic health diseases are contributing to the global Immunosuppressant Drugs market growth. For example, Stem cell transplant requirements are rising for acute leukemia, refractory anaemia, and osteopetrosis, while there is an increase in chronic renal diseases that cause kidney transplants. The organ transplant burden has thus led to a colossal rise in the demand for immunosuppressants and has further contributed to the global market.

• Rising Organ Transplant Rates and Autoimmune Disease Prevalence: There is a notable surge in both organ transplants and the global incidence of autoimmune diseases. The transplantation procedures necessitate lifelong immunosuppressive therapy to prevent graft rejection. Additionally, the growing prevalence of autoimmune conditions like rheumatoid arthritis, lupus, and multiple sclerosis is generating sustained demand, acting as a key driver for the market growth.

Restraints

• Adverse side effects of immunosuppressant drugs: Immunosuppressant drugs cause major, serious side effects such as kidney damage, liver toxicity, hypertension, increased cholesterol, diabetes, or even higher susceptibility to cancers. This led to limited adoption as physicians prescribe with caution. Higher risk of infections, as well as regulatory hurdles by the government over its clinical trials and regulatory scrutiny, act as key restraints for the market.

• Higher Cost of Therapy: Higher therapy cost is one of the key factors that restrain the market. It creates affordability challenges for patients, particularly in the low- and middle-income countries.

Immunosuppressant Drugs Market Development

• Drug Approval: In June 2025, the FDA approves Dupixent (dupilumab) for bullous pemphigoid. It expands Sanofi’s therapeutic footprint. It is a targeted, non-steroid-based therapy, setting a new treatment paradigm.
• Product Development: In April 2025, Amgen secured FDA approval for UPLIZNA® (inebilizumab-cdon) as the first and only treatment for Immunoglobulin G4-related disease (IgG4-RD). It has demonstrated an 87% reduction in disease flares versus placebo in the pivotal MITIGATE trial.

Immunosuppressant Drugs Market Segmentation

Knowledge Sourcing Intelligence has segmented the Global Immunosuppressant Drugs Market based on drug class, application, distribution channel, and region:

Immunosuppressant Drugs Market, By Drug Class

• Calcineurin Inhibitors
• mTOR inhibitor
• Antibodies
• Others

Immunosuppressant Drugs Market, By Application

• Organ Transplantation
• Autoimmune Disorder

Immunosuppressant Drugs Market, By Distribution Channel

• Online
• Offline

Immunosuppressant Drugs Market, By Region

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Others
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Others
• South America
  • Brazil
  • Argentina
  • Others
• Middle East and Africa (MEA)
  • Saudi Arabia
  • UAE
  • Others

Immunosuppressant Drugs Market Key Players

• Astellas Pharma Inc.
• Sanofi
• AbbVie Inc.
• Veloxis Pharmaceuticals Inc.
• GlaxoSmithKline plc
• Dr. Reddy’s Laboratories Ltd.
• Lupin
• Neovii
• F. Hoffmann-La Roche Ltd
• Biocon
• Novartis
• Pfizer
• Veloxis

About Knowledge Sourcing Intelligence (KSI)

Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm headquartered in India. Backed by seasoned industry experts, we offer syndicated reports, customized research, and strategic consulting services. Our proprietary data analytics framework, combined with rigorous primary and secondary research, enables us to deliver high-quality insights that support informed decision-making. Our solutions empower businesses to gain a competitive edge in their markets. With deep expertise across ten key sectors, including ICT, Chemicals, Semiconductors, and Healthcare, we effectively address the diverse needs of our global clientele.

Liquid Hydrogen Market Size & Growth

According to a research study published by Knowledge Sourcing Intelligence (KSI), the liquid hydrogen market will expand from USD 31.87 billion in 2025 to USD 45.83 billion in 2030 at a CAGR of 7.54% during the forecast period.

Cooling hydrogen gas to extremely low temperatures results in liquid hydrogen (LH2), which is hydrogen in its liquid state.  The market for liquid hydrogen has been driven by a number of variables.  It is mostly utilized as a fuel in industrial, transportation, and aerospace activities.  Innovative technologies like liquid hydrogen utilized in vehicles are becoming more and more necessary as the need for environmentally friendly transportation grows.

The primary end-use of liquid hydrogen in the hydrogen ecosystem is the development of heavy-duty and long-distance transportation.  Compared to gaseous hydrogen, the energy carrier has a significantly greater energy density per unit volume.  Therefore, compared to carbon tanks used for gaseous hydrogen, the tanks of a fuel-cell vehicle employing liquid hydrogen are more economical.  They are also substantially lighter as a result of the decreased pressure. For many years, liquid hydrogen has been employed as rocket fuel in space missions.  It is perfect for powering spaceships because of its high energy density and effective combustion.

The development and use of liquid hydrogen technologies are being accelerated by partnerships between major actors, energy firms, technology suppliers, and industrial users.  Government backing and legislation have also contributed to an increase in the use of hydrogen technology and worldwide hydrogen supply networks.

The liquid hydrogen market includes a wide range of distribution types including Pipelines, Cryogenic Tanks, and others. By end use, the market is segmented into Aerospace, Automotive and Transportation, Energy and Power, Industrial Sector, and others.

Request a free sample copy or view the report summary: Liquid Hydrogen Market Report

Liquid Hydrogen Market Report Highlights

• In collaboration with top hydrogen industry firms, airport operators, and academic partners, Airbus initiated a cutting-edge aviation hydrogen handling and refueling initiative.  Three airports across Europe host the company’s small-scale land operations of liquid hydrogen aircraft.  Ground Operations of Liquid Hydrogen Aircraft (GOLIAT) is the project’s name.  Through the European Climate, Infrastructure, and Environment Executive Agency (CINEA), the EU’s Horizon Europe Framework Programme would provide €10.8 million in financing for it.
• Daimler Truck and Linde Engineering unveiled sLH2, a collaboratively created subcooled liquid hydrogen refueling technology, in July 2024.  In order to make the technology accessible to all interested parties through an ISO standard, Daimler Truck and Linde Engineering attempted to create sLH2 as a single refueling standard for hydrogen-powered vehicles.
• The market for liquid hydrogen is anticipated to develop at the quickest rate in the Asia Pacific area because of its growing use in a variety of industrial processes, such as the production of ammonia for fertilizers and the refining of metals.  Because hydrogen-powered cars are growing more popular, North America is anticipated to hold a sizable portion of the worldwide liquid hydrogen market.

Report Coverage:

Report Metric	Details
Liquid Hydrogen Market Size in 2025	US$31.87 billion
Liquid Hydrogen Market Size in 2030	US$45.83 billion
Growth Rate	CAGR of 7.54%
Drivers	Growing Clean Energy Demand and Decarbonization Objectives Growing Use in Industry
Restraints	High Costs of Production and Liquefaction Complicated Issues with Storage and Transportation
Segmentation	Production Method Distribution End Use Industry Geography
List of Major Companies in Liquid Hydrogen Market	Air Products Iwatani Messer Nippon Sanso Holdings Corporation INOX India

Liquid Hydrogen Market Growth Drivers vs. Challenges

Drivers:

• Growing Clean Energy Demand and Decarbonization Objectives: Liquid hydrogen is important in the global path to clean energy because it is carbon-free as a fuel. Governments and companies around the world are committing to net-zero targets and raising investment into hydrogen technologies including the use liquid hydrogen for transportation, energy generation and industrial uses. Liquid hydrogen is more advantageous for large-scale use such as aviation, marine shipping, and long-haul trucking, due to its higher energy density than gaseous hydrogen.
• Growing Use in Industry: In addition to energy, liquid hydrogen is expanding its use into metals, glass, chemicals, electronics, and more as a reducing agent, a cooling medium, and a facilitator for processing. The steel industry, in particular, is implementing hydrogen-based technologies to replace carbon-intensive blast furnace pathways, generating large-scale demand. Electronics makers use liquid hydrogen for semiconductor fabrication and other precision processes that utilize ultra-pure cooling and controlled atmospheres.

Challenges:

• High Costs of Production and Liquefaction: One of the biggest limitations for liquid hydrogen is the energy-intensive process of producing and liquefying this fuel, which renders liquid hydrogen much more expensive compared to gaseous hydrogen or any other alternatives that come onto the market, hence limiting its large-scale commercial adoption.
• Complicated Issues with Storage and Transportation: Advanced insulation is necessary for cryogenic storage tanks holding liquid hydrogen in order to stop evaporation and boil-off losses. Even with advanced technology, some liquid hydrogen will unavoidably evaporate during storage and transit, resulting in losses in efficiency and cost. Due to its extremely low boiling point, it also requires expensive infrastructure, specialized handling, and safety procedures.

Liquid Hydrogen Market Developments    

• New Product Launch: In March 2025, Airbus to launch a commercially feasible hydrogen aircraft and demonstrated some of the essential technological components that will make it possible for a fully electric, fuel-cell-powered commercial aircraft to be developed.
• Research and Development: In January 2025, The first liquid hydrogen-fueled gas turbine engine for the light aviation market has been successfully ground tested at Air Liquide’s Grenoble Technologies Campus in France by Turbotech, Safran, and Air Liquide.

Liquid Hydrogen Market Segmentation

Knowledge Sourcing Intelligence has segmented the liquid hydrogen market based on production method, distribution, end-use industry, and region:

Liquid Hydrogen Market, By Production Method

• Coal Gasification
• SMR

Liquid Hydrogen Market, By Distribution

• Pipelines
• Cryogenic Tanks
• Others

Liquid Hydrogen Market, By End Use Industry

• Aerospace
• Automotive and Transportation
• Energy and Power
• Industrial Sector
• Others

Liquid Hydrogen Market, By Region

• North America
  • USA
  • Canada
  • Mexico
• South America
  • Brazil
  • Argentina
  • Others
• Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • Others
• Middle East and Africa
  • Saudi Arabia
  • UAE
  • Others
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Others

Liquid Hydrogen Market Key Players

• Air Liquide
• Linde plc
• Cryolor
• Plug Power
• Air Products
• Iwatani
• Messer
• Nippon Sanso Holdings Corporation
• INOX India

About Knowledge Sourcing Intelligence (KSI)

Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm headquartered in India. Backed by seasoned industry experts, we offer syndicated reports, customized research, and strategic consulting services. Our proprietary data analytics framework, combined with rigorous primary and secondary research, enables us to deliver high-quality insights that support informed decision-making. Our solutions empower businesses to gain a competitive edge in their markets. With deep expertise across ten key sectors, including ICT, Chemicals, Semiconductors, and Healthcare, we effectively address the diverse needs of our global clientele.

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