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Biomarkers Industry worth $93.8 billion in 2029

“The report “Biomarkers Market by Product & Service (Consumable, Software), Type (Safety, Efficacy), Research Area, Technology (NGS, PCR, Mass Spectrometry), Disease (Cancer, Infectious), Application (Diagnostics, Clinical Research) – Global Forecast to 2029″, is expected to reach USD 93.8 billion in 2029 from USD 57.7 billion in 2024, at a CAGR of 10.2% between 2024 and 2029.”

The global biomarkers market, valued at US$54.8B in 2023, is forecasted to grow at a 10.2% CAGR, reaching US$57.7B by 2024 and US$93.8B by 2029.

Biomarkers Market , valued at US$54.8 billion in 2023, is forecasted to grow at a robust CAGR of 10.2%, reaching US$57.7 billion in 2024 and an impressive US$93.8 billion by 2029 according to a published report by MarketsandMarkets™. The growing significance of biomarkers in drug discovery and development, and the growing importance of companion diagnostics are the major driving factors of the biomarkers market. However, high capital investments and lengthy timelines for biomarker development can hamper market growth.

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Browse in-depth TOC on “Biomarkers Market”

696 – Tables

54 – Figures

532 – Pages

The consumables segment accounted for the largest share by product & service segment in the biomarkers market in 2023.

By product & service, the biomarkers market is categorized into consumables, services, and software. The consumables are further sub-segmented into assay kits, reagents & chemicals, columns & filters. The consumables accounted for the largest share of the global biomarkers market in 2023. The large share of consumables is due to the necessity for high-quality products to ensure accurate test results, coupled with the repetitive need for these consumables due to ongoing sample testing in research and clinical settings.

The safety biomarkers segment accounted for the largest share by type segment in the biomarker market in 2023.

By type, the biomarkers market is categorized into safety biomarkers, efficacy biomarkers, and validation biomarkers. The efficacy biomarkers are sub segmented into predictive biomarkers, surrogate biomarkers, pharmacodynamics biomarkers, and prognostic biomarkers. The safety biomarkers segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to their importance in ensuring the safety of pharmaceuticals and healthcare interventions. Safety biomarkers are specifically designed to assess the potential adverse effects, toxicity levels, and safety profiles of drugs and treatments during clinical trials and post-marketing surveillance.

The NGS segment is expected to grow at a higher rate during the forecast period.

Based on technology, the biomarkers market has been segmented into immunoassays, NGS, PCR, mass spectrometry, chromatography, and other technologies. The immunoassay technology is sub segmented into ELISA, western blot, and protein microarray. In 2023, the immunoassays segment accounted for the largest share of the biomarkers market, and the NGS segment is expected to grow at a higher growth rate during the forecast period of 2024-2029. The immunoassay segment’s growth is driven by its extensive use in clinical settings for diagnosing diseases, monitoring treatment effectiveness, and predicting patient outcomes.

The cancer segment accounted for the largest share of the disease indication segment in the biomarkers market in 2023.

Based on the disease indication, the biomarkers market is segmented into cancer, infectious diseases, immunological disorders, neurological disorders, cardiovascular disorders, and other disease indications. In 2023, cancer accounted for the largest share of the biomarkers market. The expansion of the cancer biomarkers market is fueled by a surge in research funding dedicated to the rising personalized drug products for cancer treatment.

The North America region accounted for the largest share of the biomarkers market in 2023.

The biomarkers market is segmented into North America, Europe, Asia Pacific (APAC), Latin America (LATAM), the Middle East, and Africa. The North America region is witnessing increasing investments and research activities in the field of drug discovery. The need for advanced therapies due to the increased prevalence rate of cancer has contributed to the growth of the biomarkers market.

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Biomarkers Market Dynamics:

Drivers:

Increase in global prevalence of cancer

Restraints:

Disease complexity and heterogeneity

Opportunities:

Shift towards personalized medicine and precision oncology

Challenge:

Challenges associated with integration of complex data sets

Key Market Players of Biomarkers Industry:

Key players in the biomarkers market F. Hoffmann-La Roche Ltd (Switzerland), Merck KGaA (Germany), Thermo Fisher Scientific Inc. (US), Abbott (US), QIAGEN (Netherlands), Revvity (US), Laboratory Corporation of America Holdings (US), Charles River Laboratories (US), Bio-Rad Laboratories, Inc. (US), Eurofins Scientific (Luxembourg), BIOMÉRIEUX (France), Agilent Technologies, Inc. (US), JSR Corporation (Japan), Quanterix (US), MESO SCALE DIAGNOSTICS, LLC. (US), EKF Diagnostics (UK), Celerion (US), Standard BioTools (US), Sebia (France), BioAgilytix Labs (US), StressMarq Biosciences Inc. (Canada), NorthEast BioAnalytical Laboratories LLC (US), Signosis, Inc. (US), Serimmune (US), TheraIndx Lifesciences Pvt. Ltd. (India), Synexa Life Sciences BV (Netherlands), Diatech Pharmacogenetics (Italy), Singulex, Inc. (US), R-Biopharm AG (Germany), and Proteome Sciences (UK).

The primary interviews conducted for this report can be categorized as follows:

By Respondent: Supply Side- 70% and Demand Side 30%
By Designation: C-level Executives – 55%, Director-level – 20%, and Others – 25%
By Region: North America -45%, Europe -20%, Asia-Pacific -20%, Latin America -10%, Middle East -3%, and Africa-2%.

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Recent Developments of Biomarkers Industry:

In January 2024, Quibim and Merck KGaA partnered to develop diagnostic tools to develop the next generation of precision medicine technology targeting a wide range of cancers

Biomarkers Market – Key Benefits of Buying the Report:

The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall biomarkers market and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market’s pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

Analysis of key drivers (Growing significance of biomarkers in drug discovery and development, Growing importance of companion diagnostics, Increase in global prevalence of cancer, Growing importance of biomarkers for rare conditions, Increase in funds and grants for biomarker research, Advancement in omics technologies and continuous product innovations), restraints (High capital investments and lengthy timelines for biomarker development, Disease complexity, and heterogeneity), opportunities (Shift towards personalized medicine and precision oncology, Enhanced collaboration among healthcare providers and key industry players, Emerging economies), and challenges (Challenges associated with quantification and validation of biomarkers, Challenges associated integration of complex data sets, Technical issues related to sample collection and storage) influencing the growth of the market.
Product Development/Innovation: Detailed insights on newly launched products/services of the biomarkers market
Market Development: Comprehensive information about lucrative markets – the report analyses the market across varied regions.
Market Diversification: Exhaustive information about new products/services, untapped geographies, recent developments, and investments in the biomarkers market
Competitive Assessment: F. Hoffmann-La Roche Ltd (Switzerland), Merck KGaA (Germany), Thermo Fisher Scientific Inc. (US), Abbott (US), QIAGEN (Netherlands), Revvity (US), Laboratory Corporation of America Holdings (US), Charles River Laboratories (US), Bio-Rad Laboratories, Inc. (US), Eurofins Scientific (Luxembourg), BIOMÉRIEUX (France), Agilent Technologies, Inc. (US), JSR Corporation (Japan), Quanterix (US), MESO SCALE DIAGNOSTICS, LLC. (US), EKF Diagnostics (UK), Celerion (US), Standard BioTools (US), Sebia (France), BioAgilytix Labs (US), StressMarq Biosciences Inc. (Canada), NorthEast BioAnalytical Laboratories LLC (US), Signosis, Inc. (US), Serimmune (US), TheraIndx Lifesciences Pvt. Ltd. (India), Synexa Life Sciences BV (Netherlands), Diatech Pharmacogenetics (Italy), Singulex, Inc. (US), R-Biopharm AG (Germany), and Proteome Sciences (UK) among others in the market.

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Small Drones Market worth $11.25 Billion by 2030, at a CAGR of 11.9%

“Small Drones Market”

The Small Drones Market is projected to grow from USD 6.40 billion in 2025 to USD 11.25 billion by 2030, with a CAGR of 11.9%.

The report “Small Drones Market by Application (Combat, ISR, Inspection, Survey & Mapping, Agriculture, Delivery, Search & Rescue), Platform (Nano, Micro, Mini), Type (Fixed Wing VTOL, Multi Rotor, Hybrid), Mode of Operation, Power Source, and Region – Global Forecast to 2030” The small drones market is estimated at USD 6.40 billion in 2025. It is expected to reach USD 11.25 billion by 2030, with a CAGR of 11.9%. The small drones market is growing rapidly, largely due to the increased use of drones for civil and commercial applications, such as agriculture, delivery services, and media. Military procurement is also rising, especially for intelligence and surveillance purposes. Supportive government regulations further foster a favorable environment for drone development. The growing need for small patrolling drones for marine border security adds to the market’s growth.

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Browse 437 market data Tables and 69 Figures spread through 350 Pages and in-depth TOC on “Small Drones Market”

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Based on application, the commercial segment is expected to exhibit the fastest growth during the forecast period.

The commercial segment is experiencing rapid growth due to the increasing adoption of drones across various industries. Drones offer several advantages, including cost savings, increased accuracy, and access to hard-to-reach or dangerous areas. In agriculture, drones are utilized for precision farming tasks such as spraying pesticides and monitoring crop health, leading to higher yields and reduced manual labor. In the real estate and construction industries, drones provide aerial surveys and photographs that enhance marketing efforts and improve project management. Additionally, drones are transforming delivery services, particularly into remote locations where traditional methods are inadequate. Their use in inspection and monitoring across industries like infrastructure, mining, and oil & gas is vital for cutting costs and boosting efficiency. Features such as GPS, high-quality cameras, autopilot technologies, and competitive pricing have made drones increasingly attractive to businesses.

Based on type, the rotary wing segment is expected to lead the small drones market during the forecast period.

The rotary wing segment holds the largest market share due to its flexibility and extensive applications. These drones, especially multirotors, have vertical take-off and landing (VTOL) capabilities, allowing them to take off and land without the need for large spaces or runways. This feature makes them suitable for filmmaking, surveillance, and aerial imaging, where the ability to hover in place is essential. Rotary-wing drones, including single-rotor and multirotor types, are used across defense, commercial, and industrial sectors. While some battery limitations exist, advancements in technology are improving their performance, solidifying the position of rotary-wing drones in the Small Drones Industry.

North America is expected to be the largest market for small drones during the forecast period.

North America is the largest market for small drones worldwide. Since 2015, the Federal Aviation Administration (FAA) has allowed military, private, and commercial drones to operate in the US airspace. This has significantly increased the use of drones, particularly in defense for intelligence, surveillance, and reconnaissance (ISR) missions. The expansion of drone use is expected to continue due to ongoing counter-terrorism operations. In the commercial sector, there is a growing demand for small drones for services like last-mile delivery of products, medicines, and packages. Drone manufacturers are focusing on developing lightweight, long-lasting drones capable of carrying larger payloads over greater distances, enhancing their effectiveness in logistics, agriculture, and infrastructure. Similarly, drones are employed in various fields in Canada, including weather research, disaster monitoring, agricultural spraying, and search and rescue operations. Their capability to operate in challenging and remote environments makes them valuable across multiple industries.

DJI (US), Boeing (US), Lockheed Martin Corporation (US), Parrot Drone SAS (France), RTX (US), Northrop Grumman (US), Israel Aerospace Industries (Israel), BAE Systems (UK), AeroVironment, Inc. (US), and Elbit Systems Ltd. (Israel) are the major key players in the Small Drones Companies. These companies have strong distribution networks across North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook.

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City: Delray Beach
State: Florida
Country: United States
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Industrial Coatings Market Insights: Industry Opportunities, Drivers, Outlook and Trends Research Report

“Browse 362 market data Tables and 70 Figures spread through 375 Pages and in-depth TOC on “Industrial Coatings Market””

The industrial coatings market is poised for steady growth, driven by rising demand in automotive, construction, and general manufacturing. Key players like PPG Industries, AkzoNobel, Sherwin-Williams, and Axalta Coating Systems lead innovation with eco-friendly and durable solutions.

The global industrial coatings market size was USD 108.1 billion in 2022 and is projected to reach USD 129.2 billion by 2028, at a CAGR of 3.3% between 2023 and 2028. The glonal market research report is a comprehensive analysis of the current market trends, demand, size, share and industrial coatings market growth with future prospects, and other pivotal factors that drive the market. The Asia Pacific accounted for the major share of the overall market in 2022. Because of easy availability to resources, rising income levels, and growing domestic market demand, Asia Pacific has become the world’s largest producer and consumer of industrial coatings. Due to its vast industrial base, rising end-use industries, and expanding need for superior coating qualities, China holds the biggest market share in the industrial coatings sector. Brazil in particular has grown to become a significant market for industrial coatings in South America. South America is predicted to become a major location for industrial facilities because of its close proximity to the US.

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The major driver for the industrial coatings market is environmental regulations, which boost the demand for VOC-free coatings.

Over the past decade, a significant trend in the coatings industry has been the growing preference for environmentally friendly attributes. This shift has largely been influenced by stringent EU regulations targeting the reduction of volatile organic compounds (VOC) emissions throughout the coating life cycle. Consequently, there’s been a notable transition in demand from solventborne coatings to more eco-conscious alternatives like waterborne and powder coatings.

Moreover, various regulations, such as the Eco-product Certification Scheme (ECS) established by the European Commission and other governmental bodies, aim to uphold environmentally sustainable practices by minimizing or eradicating harmful VOC emissions. The anticipated continued focus on air pollution regulations in the US and Western Europe is expected to propel the adoption of new, low-polluting coating technologies further.

Due to increased awareness of the detrimental impact of VOC emissions and the regulations enforcing this awareness, demand has gradually shifted from solventborne coatings to eco-friendly alternatives such as waterborne, powder, high solids, and UV-curable coatings. These options contain fewer evaporating solvents during curing. In particular, powder coatings have surged in popularity as they release minimal to no VOCs and are solvent-free. Their market is rapidly expanding due to innovations in products, formulations, and application processes.

Powder coatings are extensively used in automotive, construction, appliances, and oil & gas pipeline industries. Looking ahead, the Asia Pacific region is projected to become the largest and fastest-growing market for powder coatings, attributed to the booming automotive, construction, and oil & gas sectors. Additionally, favorable regulations in the region are anticipated to drive increased demand for paints and coatings in the coming years.

Epoxy segment is expected to hold largest share of the industrial coatings market during the forecasted period.

Epoxy resin-based coatings are used in situations where excellent adhesion, remarkable chemical and mechanical properties, great corrosion resistance, and the capacity to meet demanding criteria are required. These coatings are frequently used in appliances, metal furniture, vehicle interior parts, and industrial equipment. This industry is expected to increase as a result of the increasing use of epoxy resin-based industrial coatings, which are used as primers in automotive and marine paints and to prevent corrosion in metal cans and containers.

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Solvent borne coating technology segment hold the largest segment in overall industrial coatings market during forecast period.

The growth in the developing rail, electrical & electronics, and marine industries is driving the solvent-borne coatings industry. Foreign investments have fueled economic expansion and the development of a variety of industries, including general manufacturing, especially in countries like Singapore, Indonesia, the Philippines, India, and others. These trends are expected to increase demand for industrial coatings during the projected period.

General Industrial end-use industry accounted largest share of the global industrial coatings market during forecasted period.

The market for general industrial coatings is connected to several industries and includes a wide range of end customers. The general industrial coatings market is driven by several factors, including increasing population, rising living standards, expanding infrastructure, rising global GDP, and expanding construction sector.

Asia Pacific region likely to account the largest share of the global industrial coatings market during forecasted period.

The Asia Pacific region is seeing an uptick in luxury car demand, fueled by increased consumer buying power. This surge in the automotive sector is also boosting the need for powder and waterborne coatings. The region’s robust growth can be traced to its strong economic expansion and substantial investments in industries like marine, automotive, consumer goods, appliances, construction, and furniture. Furthermore, manufacturers are relocating their operations to this area due to cost advantages and better access to emerging local markets.

Industrial Coatings Companies

The key players following the strategies between 2018 to 2022, Akzo Nobel N.V. (Netherlands), Axalta Coatings Systems LLC. (US), Jotun A/S (Norway), PPG Industries Inc. (US), The Sherwin-Williams Company (US). The companies are majorly following product launch, merger & acquisition, and investment & expansion as the strategy to grow and expand the market.

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Akzo Nobel N.V. is a diversified chemical company, which operates through two business segments: decorative paints and performance coatings. Industrial coatings are offered under the performance coatings segment. The performance coatings segment has a portfolio that includes industrial coatings for ships, cars, aircraft, yachts, and architectural components (structural steel, building products, flooring); consumer goods (mobile devices, appliances, beverage cans, furniture); and oil & gas facilities. Coral, Dulux, Flexa, Hammerite, Sadolin, Sikkens, Awlgrip, International, Interpon, Dissolvine, Eka, Expancel, Jozo, Levasil, and Kromasil are among the various brands of the company. Industrial coatings are offered under its Interpon and Resicoat brands. The company has a wide global presence. It has a strong customer base and operates in countries of Europe, the Middle East & Africa, Latin America, and Asia.

Axalta Coating Systems LLC is a diversified coatings company. It mainly operates through two segments, Performance Coatings and Mobility Coatings. The Performance Coatings segment is further segmented into refinish and industrial, and Transportation Coatings is segmented into light vehicles and commercial vehicles. The company manufactures liquid and powder coatings for various applications such as automotive OEMs, automotive refinish, transportation, general industrial, and architectural & decorative coatings. Axalta Coating Systems LLC has a strong customer base and operates in various countries in Europe, North America, Asia Pacific, and the Middle East & Africa. It competes with PPG Industries, Akzo Nobel, and Sherwin-Williams, among others.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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XEV Aftermarket Size Worth USD 195.07 billion in 2035

“Competitive Intelligence on the Evolution of Global XEV Aftermarket”

Competitive Intelligence on the Evolution of Global XEV Aftermarket by Propulsion (BEV, HEV, PHEV), Components (Tires, Batteries, E-Compressors, E-Motors, Integrated Starter Alternators, DC/AC Inverters, Onboard Chargers), Region (China, APAC excl. China, Europe, NA, RoW) – Global Forecast to 2035

The global XEV aftermarket was USD 59.00 billion in 2024 and is expected to reach USD 195.07 billion in 2035, at a CAGR of 11.5% from 2024 to 2035.

The future of XEV Aftermarket is driven by a rapidly increasing xEVs in global vehicles, rising age and mileage of EVs across all regions in the future, rising focus on harnessing the power of vehicle telematics to offer services, the increasing adoption of digitalization across the value chain to offer a better experience to customers.

“Aftermarket services to see a transformation”

The shift from internal combustion engines to electric powertrains will expand opportunities around the “4R” principles—repair, reuse, recycle, and remanufacture—while introducing innovative service models. Mobile service units will gain prominence, offering on-demand maintenance and diagnostics for EVs, reducing downtime for owners. Retrofitting older vehicles with electric systems will breathe new life into classic cars and aging fleets, blending sustainability with customization.

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“Future business models to be driven by data”

The future EV aftermarket will thrive on data. Predictive maintenance, driven by real-time vehicle data, will enable proactive servicing. Personalized offerings, optimized inventory, and efficient diagnostics will enhance customer experience. Furthermore, data-driven insights will unlock new service opportunities and facilitate a circular economy for EV components, ensuring a more sustainable and efficient aftermarket.

“Battery-centric aftersales service to become a key focus.”

Battery-centric aftersales will leverage data for predictive health monitoring and proactive maintenance, extending lifespan and preventing failures. Personalized services based on usage patterns will optimize charging and performance. Efficient diagnostics, aided by battery data, will enable quicker repairs and informed decisions on replacements or second-life applications. This data-driven approach ensures optimized battery health, enhances customer value, and fosters a sustainable battery lifecycle within the EV aftermarket.

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Coring Market worth $688.7 Million by 2029

The global coring market is expected to grow from estimated USD 489.3 million in 2024 to USD 688.7 million by 2029, at a CAGR of 7.1% during the forecast period.

The global Coring Market is anticipated to grow from estimated USD 489.3 million in 2024 to USD 688.7 million by 2029, at a CAGR of 7.1% during the forecast period. The market is driven by the growing need for precise subsurface data to support resource extraction and environmental assessments. Technological advancements in coring methods, such as non-invasive techniques and enhanced recovery tools, have increased the efficiency of drilling operations. Furthermore, rising investments in critical sectors like renewable energy, particularly geothermal and hydrogen storage, are expanding the market. Additionally, the expansion of infrastructure in developing economies, along with increasing demand for raw materials and energy resources, strengthens the need for advanced coring solutions.Browse in-depth TOC on “Coring Market”100 – Tables50 – Figures 159 – Pages

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By Wireline Coring Technology

The wireline coring segment is expected to be the fastest-growing due to its ability to offer efficient and cost-effective sampling for deep or challenging formations. Wireline coring technology allows for precise core retrieval without the need for a full drill string, reducing operational downtime and improving overall productivity. Its application in complex geological formations, offshore drilling, and unconventional resource exploration is driving the demand. Additionally, wireline coring offers minimal environmental impact, making it ideal for projects with strict regulatory requirements. As exploration and production activities expand, the segment’s growth is further supported by technological advancements.

By Well Type

The exploration well segment is expected to grow at the highest rate due to the increasing demand for new resource discoveries and geological insights in unexplored regions. Exploration wells are crucial for identifying and assessing potential reserves, driving the need for accurate core sampling to guide decision-making. As energy companies focus on finding new oil, gas, and mineral deposits, advanced coring technologies are essential for obtaining high-quality subsurface data. Additionally, growing investments in offshore and remote exploration projects, combined with rising global energy demand, are further fueling the growth of the exploration well segment.

Middle East is projected to be the fastest-growing Coring Market.

The Middle East region is expected to be the fastest-growing Coring Market due to increasing exploration and production activities in the oil, gas, and mineral sectors. Countries such as Saudi Arabia, UAE, and Kuwait are experiencing significant investments in oil and gas exploration, driving the need for advanced coring technologies. Additionally, the growing demand for energy and natural resources in emerging economies is fueling the expansion of mining and geothermal projects. With the region’s potential for untapped reserves, the adoption of advanced coring solutions for exploration, environmental assessments, and infrastructure development is expected to accelerate rapidly, further boosting the market growth.

Key Players

Some of the major players in the Coring Market are SLB (US), Halliburton (US), Baker Hughes (US), NOV (US), Deep Industries Limited (India), Geotek Limited (UK), US Coring LLC (US), and Reservoir Group (US). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.

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SLB

SLB offers products, services, technologies, information solutions, and integrated project management solutions to the global oil & gas industry. Its primary business activities include research & engineering, manufacturing, operations, maintenance, and resource planning. The company conducts its operations through four business segments: digital & integration, reservoir performance, well construction, and production systems. The company offers coring services through the reservoir performance segment.

Throughout its history, SLB has developed advanced tools for reservoir characterization, including imaging and production logging tools that integrate with other technologies to enhance understanding of reservoirs. Notable innovations include the Scanner 3D tools and the Quicksilver Probe for rapid fluid sampling. SLB has a geographical presence across North America, Latin America, Europe/Africa/the Commonwealth of Independent States (CIS), the Middle East, and Asia. The company has been involved in more than 100 CO2 storage projects globally. The company has executive offices in Paris (France), Houston (US), London (UK), and The Hague (Netherlands).

Halliburton

Halliburton is one of the leading service providers and product suppliers for the energy industry, related to oil & natural gas exploration, development, and production. The company operates through two business divisions: completion & production and drilling & evaluation. It offers coring services through the drilling & evaluation segment.

Drilling and evaluation provide field and reservoir modeling, drilling, fluids, evaluation, and precise wellbore placement solutions that enable customers to model, measure, drill, and optimize their well construction activities. In addition, coring equipment and services are provided to extract formation cores for evaluating rock properties.

The company operates in more than 80 countries globally and has a geographic presence in regions such as North America, South America, Europe/Africa/the Commonwealth of Independent States (CIS), and the Middle East/Asia. Halliburton has significant manufacturing and corporate facilities in India, the US, Saudi Arabia, the UAE, Malaysia, the UK, Russia, Panama, Singapore, and Norway. The primary technology centers, R&D laboratories, and corporate offices of the drilling & evaluation segment are located in Alvarado (US), Nisku (Canada), and the Woodlands (US).

Baker Hughes

Baker Hughes is one of the leading US-based providers of systems, products, and oilfield-related services across the oil & gas value chain. The company primarily operates through two business segments: oilfield services & equipment and industrial & energy technology. The company offers coring services through the oilfield services & equipment segments. The OFSE segment designs and manufactures products and provides related services for onshore and offshore oilfield operations across the lifecycle of an asset, ranging from exploration, appraisal, and development to production, rejuvenation, and decommissioning.

Baker Hughes conducts operations through affiliates, subsidiaries, alliances, and ventures and has operations in more than 120 countries globally with a regional presence for oilfield services & equipment segments in North America, Latin America, Europe/CIS/Sub-Saharan Africa, and the Middle East/Asia.

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About MarketsandMarkets™:

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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GillyGro is Now Open for Investment, Inviting Stakeholders in Its San Jose-Based Lifestyle Brand

For the first time, GillyGro is inviting both accredited and everyday investors to join its mission through the Honeycomb Credit investment offering.

San Jose, CA – GillyGro, a lifestyle travel brand that is revolutionizing on-the-go convenience, has announced a thrilling opportunity for customers, followers, and fans to become investors in the company’s future success. The small business, which is owned by Asian women, is seeking to raise capital to expand its brand presence throughout the United States and satisfy supply demands.

“Whether you’re 18 or 80, traveling solo or with loved ones, GillyGro ensures you’re always prepared and stylish. With rapid growth across e-commerce, retail, and social platforms, this funding is crucial to accelerating our expansion and building the next chapter of our brand,” said Suphy Kung, Founder & CEO.

GillyGro is a popular lifestyle travel brand headquartered in San Jose, California. The brand is popular for its innovative GillyGro Parent Backpack, which was awarded the “Best Baby & Toddler Product of 2025” by Parents’ Picks Awards and received the 2025 NAPPA Award.

GillyGro Backpack was created by three mothers during the pandemic. Since its launch, GillyGro has revolutionized on-the-go convenience by offering stylish, multipurpose products that cater to lifestyle enthusiasts, parents, and travelers. In just 24 hours of their launch, their Kickstarter campaign achieved 115% of its objective, garnered the support of more than 8,000 parents and received global attention. Ten Japanese importers were competing for exclusive rights.

In 2023, GillyGro’s FlexPack Organizer gained popularity among professionals, travelers, and seniors, expanding its total addressable market with versatile, stress-reducing organizational solutions for both daily life and travel.

GillyGro provides patented, CPC-certified products while simultaneously supporting low-income families, mothers, and foster care through nonprofit partnerships.

About Suphy Kund, Founder and CEO of GillyGro

Suphy Kung, the founder and CEO of GillyGro, is responsible for the development of adult-friendly, versatile backpacks and travel organization gear that are specifically designed to provide travelers with peace of mind, organization, and flexibility. GillyGro’s innovative approach is driven by her problem solving expertise, which she has refined at Tesla, Disney Resort, and Bayer Pharmaceuticals, where she enhanced sales performance by 20% throughout Greater China. The pertinent mission of GillyGro to provide practical, stylish solutions for modern travelers in a fast-paced, post-pandemic world is underscored by its appearance on CBS’s Deals segment. Kung’s affiliations with the Worldwide Women’s Association and the Women’s Business Enterprise National Council enhance GillyGro’s appeal to a diverse, cross-cultural audience, as demonstrated by this milestone.

“I observed how messy outings and disorganized bags often caused tension between couples, especially with post-pandemic hygiene concerns around public high chairs and changing stations. At GillyGro, we’re not just building a brand—we’re creating impact, one journey and one relationship at a time,” adds Suphy Kung, Founder & CEO.

About Honeycomb Credit

Honeycomb Credit is a platform empowering local businesses to access growth capital from everyday investors. Honeycomb Credit offers a unique approach to business financing, aligning with GillyGro’s values of community involvement and grassroots support.

GillyGro is a company built for growth—and built to last. This crowdfunding campaign is a chance for both accredited and regular investors to be a part of the fast-growing lifestyle backpack brand making waves across Amazon, TikTok, Target, and more.

The pitch deck is ready for the investors. To schedule a meeting with Suphy Kung, send an email to info@gillygro.com.

For more information about GillyGro and to explore investment opportunities, visit GillyGro’s Honeycomb offering page here or contact GillyGro at info@gillygro.com.

For more details and updates, visit:

Website: gillygro.com

LinkedIn: linkedin.com/in/suphykung0901/

Crowdfunding campaign: invest.honeycombcredit.com/campaigns/GillyGro

Instagram @gillygrobackpack

TikTok @official.gillygro

YouTube @gillygrobackpack

Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans, and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

Media Contact
Company Name: GillyGro, Aspiring Solutions LLC
Contact Person: Suphy Kung, Founder of GillyGro
Email: Send Email
Phone: +1-408-667-0864
City: San Jose
State: California
Country: United States
Website: www.gillygro.com

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MedSixty A European Start-up Revolutionising How Medical Doctors Stay Informed

In today’s world, doctors deal with too much information all the time. To help with this, a European health-tech company called Arteos Life OÜ has just launched MedSixty. This new digital platform aims to change how healthcare workers and students get important information. MedSixty’s main goal is to reduce the information overload faced by healthcare professionals. It gives users medical updates and research highlights that they can read in less than a minute.

Arteos Life OÜ was founded in 2025, ideated by a German medical doctor specializing in public health, based in Italy. He was joined by his cousin, an India-origin software engineer based in Fort Lauderdale, USA, as a Co-Founder. Together, they began developing the company’s vision and flagship product “MedSixty”.

MedSixty uses AI to aggregate and simplify important medical news and research articles from around the world and delivers it to the users in a scrollable format that they can read in less than 60 seconds. This includes new studies, changes in healthcare rules, and breakthroughs in treatment. The platform does more than just share medical news, it builds a community with its “Circle” network. This feature lets verified users connect with other medical professionals worldwide about the latest in the medical world. Users can also save posts they like, leave comments, and engage with others. This setup helps users keep learning and stay connected with their peers.

The platform aims to help doctors make better clinical choices and grow. It does this by making it easy for busy doctors, residents, and students to keep up with new developments. MedSixty offers a fresh approach for medical folks to get the info they need – fast and accessible.

One can now explore MedSixty at www.medsixty.com. The team behind it wants doctors, students, and anyone in healthcare to check it out and join a worldwide group that’s all about sharing medical knowledge in a smarter, quicker way.

To team up, or just need more info, shoot an email to: info@arteoslife.com

Media Contact
Company Name: medsixty
Email: Send Email
Country: United States
Website: www.medsixty.com

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WBON of the Triangle: Empowering Women Entrepreneurs and Uplifting Communities Since 1998

The Women Business Owners Network (WBON) of the Triangle proudly celebrates over 25 years of empowering women entrepreneurs and making a lasting impact across North Carolina. Founded on July 21, 1998, WBON is a nonprofit organization dedicated to inspiring, educating, and empowering women to transform their lives, businesses, and communities.

Through monthly luncheon meetings, WBON offers members access to inspirational and educational speakers, annual fundraising events and quarterly socials. These opportunities help women business owners—and those transitioning from traditional jobs—build connections, gain tools for growth, and create lasting professional relationships.

As a nonprofit, WBON also extends its mission by supporting other nonprofits. Each quarter, WBON selects community-focused organizations to uplift not just with time and talent, but with tangible resources—including monetary donations and in-kind support. This commitment to giving back reflects WBON’s belief in holistic empowerment, where success is shared and service is central.

In April 2025, WBON hosted a community outreach initiative in Asheville, NC, collaborating with Dress for Success Triangle NC, Habitat for Humanity, and others to aid families impacted by recent floods. Efforts included distributing toiletry kits, professional clothing, job readiness tools, and volunteer labor. Other recent partnerships include Gigi’s House, Blue Cross NC, ZACK Toys, the Food Bank, Zebulon schools, and more.

This impactful work led to WBON being honored with the 2025 Community Service Award by the Cary Chamber of Commerce.

WBON’s leadership team includes:

Jodi Free, President (Platinum Business Solutions)
Dr. Rita Renee Gibson, Vice President & Social Media Chair (G & G Professionals)
Wanda Clayton, Secretary (Timeless Photography)
Tammy Smith, Treasurer (HomeTrust Bank)

Monthly meetings are held on the second Tuesday of each month from 11:30 AM to 1:30 PM at the Prestonwood Country Club in Cary, NC.

A heartfelt thank you to all those who have partnered with us in our mission, including our premium sponsor Blue Cross Blue Shield of North Carolina and our Silver Sponsor HomeTrust Bank of Cary, NC. Your continued support helps us expand our reach and deepen our community impact.

For more information about WBON of the Triangle, upcoming events, or to become a member, visit www.wbontriangle.com.

Media Contact
Company Name: WBON (Women Business Owners Network) of the Triangle
Contact Person: Jodi Free, WBON President
Email: Send Email
Phone: 919-247-08465
Country: United States
Website: www.wbontriangle.com

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Study Shows Job Seekers Receiving Offers Without Applications Through Resume Distribution Service

New Platform RabbitResume Connects Candidates Directly with Recruiters, Challenging Traditional Job Search Methods

NEW YORK – May 6, 2025 – As remote work continues to reshape employment patterns across North America, a recent analysis of hiring trends reveals that job seekers using direct resume distribution services are increasingly receiving employment offers without submitting formal applications.

RabbitResume, a platform that distributes candidates’ resumes to over 300 recruitment firms worldwide, has reported a significant uptick in users receiving unsolicited job offers – primarily for remote positions.

This shift comes at a time when many job seekers report growing frustration with traditional application processes. A survey of platform users found that nearly 60% had previously submitted more than 50 applications before trying the distribution approach, with many describing the conventional process as “a black hole” for resumes.

“We’re seeing a real change in how hiring happens, especially for remote positions,” said Savas Cavusoglu, founder of RabbitResume. “The traditional model where candidates hunt for postings and submit dozens of applications is being flipped. Now recruiters with specific needs can discover qualified candidates directly from our database, often reaching out with opportunities that haven’t even been publicly posted.”

The platform’s data suggests this approach is particularly effective for technical roles and positions that require specialized experience – areas where recruiters often struggle to find qualified candidates through standard application processes.

What seems to make this approach work is the platform’s focus on getting resumes directly into recruiters’ databases rather than relying on candidates to discover job postings. By increasing visibility among active recruiters, job seekers create multiple potential pathways to employment simultaneously.

The company’s internal tracking indicates that users with experience in software development, data analysis, digital marketing, and healthcare roles have seen particularly strong response rates, though results vary based on individual qualifications and market demand.

A recent viral Reddit post from a user claiming to have received multiple remote job offers through the service has drawn attention to this alternative approach. While individual results obviously vary, the post sparked considerable discussion about the limitations of traditional application processes.

The platform also employs technology that optimizes resumes for Applicant Tracking Systems (ATS), the software used by most medium and large companies to filter initial applications. This feature reportedly enhances visibility when recruiters search their databases for specific skills or experience.

Industry analysts suggest this trend reflects broader changes in how companies approach hiring for remote positions, where geographical constraints are less relevant and skills-based recruiting takes precedence.

For job seekers in the U.S. and Canada, where remote work adoption has been particularly strong, the approach represents a potential alternative to the increasingly competitive job boards and application portals that have dominated the market for years.

While distribution services don’t replace traditional job searching entirely, they appear to be gaining traction as a complementary strategy – especially for experienced professionals seeking remote opportunities across North American markets.

About RabbitResume

RabbitResume is a platform that helps job seekers increase their visibility among recruiters by distributing their resumes to over 300 recruitment firms worldwide. The service focuses particularly on remote job opportunities and includes features that optimize resumes for Applicant Tracking Systems. Founded in the Netherlands, the platform serves job seekers primarily in the U.S. and Canadian markets.

For more information, visit https://rabbitresume.com.

Media Contact
Company Name: RabbitResume
Contact Person: Savas Cavusoglu
Email: Send Email
Country: Netherlands
Website: https://rabbitresume.com

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Billy Hess: The Man Behind the Lens of Stardom

When celebrities want to be seen — not just photographed — they call Billy Hess. Known for capturing the raw charisma and hidden vulnerability of his subjects, Hess has carved out a place as one of the most sought-after photographers in the entertainment world. His lens doesn’t just snap a picture; it tells a story.

With a career spanning decades, Billy Hess has worked with some of the biggest names in music, film, and fashion. From iconic rock stars and rising pop talents to established actors and underground legends, his portfolio reads like a who’s who of modern celebrity culture. But what sets Hess apart isn’t just access — it’s his uncanny ability to make even the most guarded personalities open up in front of the camera.

Raised in New York City, the electric energy of the city’s art and music scenes shaped Hess’s early creative vision. He first made waves in the downtown art world, where his edgy, vibrant style caught the eye of musicians and performers looking to break free from the cookie-cutter imagery of mainstream publicity. His shoots are known for their spontaneity and collaborative spirit, often resulting in images that feel as alive as the subjects themselves.

Beyond the flash and glamour, Hess is deeply respected for his dedication to authenticity. Whether shooting a high-profile magazine cover or an intimate black-and-white portrait, he approaches each project with the same goal: to reveal the truth behind the fame. His work has appeared in leading publications, on album covers, and in galleries, earning acclaim not just for its artistry but for its cultural significance.

In recent years, Billy Hess has expanded his creative reach, embracing digital platforms and collaborating with emerging artists while continuing to photograph top-tier talent. He’s also become a mentor to younger photographers, championing creativity and originality in an era of instant imagery.

At a time when celebrity photography is often criticized for being overproduced and soulless, Hess’s work stands as a reminder that great photography is about connection — between the subject, the photographer, and ultimately, the viewer. And as long as there are stories to tell through the camera’s eye, Billy Hess will be there, capturing moments that define our cultural landscape.

The official website for Billy Hess may be found at https://www.billyhess.com/

Media Contact
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Contact Person: Jimmy Star
Email: Send Email
Phone: 631-506-6600
Country: United States
Website: https://www.facebook.com/WorldStarPR/

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