logo
Urbanica Launches Premium Ergonomic Office Furniture Tailored for Home and Hybrid Workspaces

Urbanica Launches Premium Ergonomic Office Furniture Tailored for Home and Hybrid Workspaces

Business Upturn27-06-2025
LOS ANGELES, June 27, 2025 (GLOBE NEWSWIRE) — Urbanica Furniture, a family-owned brand with over three decades of experience in high-quality furniture manufacturing, has unveiled its newest collection of ergonomic office solutions, built for today's modern professionals. This new launch includes height-adjustable desks, ergonomic chairs, and workspace accessories—all designed with comfort, sustainability, and flexibility in mind.
Urbanica's ergonomic desk is designed to enhance comfort and style in modern workspaces
'At Urbanica, we believe great furniture should empower people to do their best work—no matter where they are,' said Urbanica. 'From remote professionals and startup teams to creative studios, our mission is to make it easy and affordable to create a workspace that supports wellness, focus, and productivity.'
Tailored Solutions for Every Industry and Team
Urbanica's ergonomic products are crafted to meet the unique demands of various work environments: Tech Startups & Agencies : Adaptable furniture boosts team agility and reflects a modern aesthetic.
: Adaptable furniture boosts team agility and reflects a modern aesthetic. Creative Studios : Stylish, functional pieces support long hours of focused design work.
: Stylish, functional pieces support long hours of focused design work. Consulting & Finance: Sleek, professional setups help maintain client-ready presentation and long-term comfort.
Flexible, Stylish, and Sustainable
The product line includes the Novo, Muse, Onyx, and Seashell chairs; height-adjustable desks; mini standing desks; and modular workstations. Customers can build their own furniture bundles, creating office layouts that reflect their workflows.
Urbanica simplifies the entire process—from design to delivery—by managing logistics and white-glove installation in-house. The direct-to-consumer model eliminates markup, offering up to 50% savings compared to traditional office furniture vendors.
Commitment to Wellness and the Planet
Urbanica integrates environmental responsibility into every step. For each purchase, the company plants a tree through global reforestation efforts, including mangrove restoration in Africa. Eco-conscious materials, minimal packaging, and long-lasting product design reduce waste and carbon footprint.
Explore More
To browse the full collection or create a personalized office bundle, visit https://urbanicafurniture.com .
Media Contact:
Urbanica FurnitureURBANICA
[email protected]
www.urbanicafurniture.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

U.S. Glass Cleaner Market Valuation Set to Reach US$ 1,556.4 Million By 2033
U.S. Glass Cleaner Market Valuation Set to Reach US$ 1,556.4 Million By 2033

Yahoo

time14 minutes ago

  • Yahoo

U.S. Glass Cleaner Market Valuation Set to Reach US$ 1,556.4 Million By 2033

Entrenched consumer habits keep liquid sprays and offline retail dominant in the US glass cleaner market. However, rising demand for sustainable, multi-functional products creates a dynamic tension, forcing brands to innovate beyond traditional streak-free performance. Chicago, Aug. 18, 2025 (GLOBE NEWSWIRE) -- The U.S. glass cleaner market was valued at US$ 832.5 million in 2024 and is expected to reach US$ 1,556.4 million by 2033, growing at a CAGR of 7.2% during the forecast period 2025–2033. The US glass cleaner market is experiencing a period of dynamic transformation in 2024, moving beyond its status as a simple household staple into a sophisticated and segmented industry. The market is being reshaped by powerful cross-currents of consumer demand for sustainability, product innovation, and heightened hygiene awareness. While the traditional residential sector remains the largest consumer base, significant growth is emanating from specialized areas like the automotive and commercial sectors. Key players such as S.C. Johnson & Son, 3M, and Stoner Inc. are navigating a landscape where brand loyalty is now challenged by consumer demand for eco-friendly formulations and proven, streak-free performance. Download Sample Pages: As online retail channels expand and value-added features like anti-fog and water-repellent properties become differentiators, the industry is demonstrating robust growth potential. This evolution is setting the stage for a competitive and innovative future, where transparency in both product formulation and performance is paramount to success. This report delves into the core segments driving this growth and the trends defining its trajectory. Key Findings in US Glass Cleaner Market Market Forecast (2033) US$ 1,556.4 million CAGR 7.2% Top Drivers Increasing demand for effective, eco-friendly, non-toxic cleaning solutions. Growth in residential and commercial real estate sectors. Top Trends Shift toward sustainable, biodegradable, and plant-based product formulations. Development of multi-functional cleaners with anti-fog/static properties. Innovation in sustainable packaging, including refillable and recyclable bottles. Top Challenges Volatile raw material costs impacting production and pricing. Intense competition from versatile, multi-surface cleaning product alternatives. Residential Consumers Leads the Market as They Prioritize Health, Hygiene, and Overall Value The residential segment, the historical bedrock of the glass cleaner market, continues to account for the largest share of around 69% in 2024. However, the modern consumer is re-evaluating their purchasing decisions through a new lens. The post-pandemic emphasis on household hygiene remains a powerful driver, but it is now coupled with a sharp focus on health and environmental impact. Consumers are actively seeking out ammonia-free and natural-ingredient-based formulas, concerned about both harsh chemical odors and the well-being of their families. This shift is evident in the market success of products that deliver on the promise of a streak-free shine without traditional chemical profiles. Furthermore, with the average US household spending $170 annually on cleaning supplies, value is critical. Consumers are demonstrating a preference for versatile products that can be used on multiple surfaces beyond glass, such as tile and chrome, maximizing their return on investment and solidifying the trend toward multi-functional, health-conscious cleaning solutions in the American home. Brand Battles and Strategic Maneuvers Shape the Competitive Arena In 2024, the US glass cleaner market is a fiercely contested arena where legacy brands and nimble innovators vie for consumer loyalty. While S.C. Johnson's Windex maintains a powerful brand presence, holding a high average user rating of 4.8 out of 5 stars on platforms like Amazon, its dominance is no longer absolute. Competitors like Stoner's Invisible Glass and Sprayway have carved out significant market share by focusing on high-performance, often ammonia-free, foaming formulas that resonate with discerning users. The competitive dynamic extends beyond product formulation into strategic market positioning. In early 2024, 3M moved to acquire a specialty automotive cleaning brand to bolster its eco-friendly offerings, while Rain-X forged a key partnership with car wash chains to increase its market penetration. These maneuvers highlight a clear trend: growth is being pursued through targeted acquisitions and strategic alliances designed to capture specific, high-value consumer segments. This strategic repositioning indicates that the future of the market will likely be defined by a more fragmented and specialized competitive landscape. The Green Revolution Makes Sustainability a Core Market Driver The demand for sustainable and eco-friendly products in the US glass cleaner market has transcended from a niche preference to a core market driver in 2024. This "Green Revolution" is fundamentally altering product development, packaging, and marketing across the industry. Consumers are increasingly scrutinizing ingredient lists, favoring plant-based and biodegradable formulas, and rejecting products with harsh chemicals. This has led to a surge in innovation, with companies like Turtle Wax launching entirely new biodegradable glass cleaner lines in 2024 to meet this demand. The sustainability push extends to packaging, where a major 2024 trend is the adoption of refillable containers and concentrated formulas designed to minimize plastic waste. This shift is not merely about environmental ethics; it is a significant commercial opportunity. The success of brands that lead with transparency and a genuine commitment to sustainability demonstrates that green credentials are now intrinsically linked to brand value and consumer trust in the US market. Commercial and Automotive Sectors Emerge as High-Growth Market Frontiers While the residential market provides volume, the commercial and automotive sectors are emerging as the high-growth frontiers for the glass cleaner industry in 2024. The US automotive glass cleaner market alone was valued at an impressive $1.95 billion in 2024 and is projected to grow at a rapid 10% CAGR. This growth is fueled by a rising car-care culture, the expansion of professional detailing services, and consumer demand for products that can tackle tough exterior grime like salt spray and hard water spots. In parallel, the commercial sector—encompassing hospitality, retail, and corporate offices—represents a formidable source of recurring demand. The need to maintain pristine, hygienic, and visually appealing glass facades and interiors is non-negotiable for businesses, driving bulk purchases of high-performance and often concentrated cleaning solutions. As modern architecture continues to favor extensive glass use, these B2B and specialty consumer segments represent the most dynamic and lucrative opportunities for market expansion. Shifting Dynamics in E-commerce and Traditional Retail Sales Channels The way consumers purchase glass cleaner is undergoing a significant shift in 2024. While offline retail channels like supermarkets and convenience stores still command the majority of sales, representing 74.03% of the North American market, the momentum is clearly shifting toward digital platforms. Online retail is experiencing rapid growth, driven by the convenience of subscription models and home delivery. However, this channel presents unique challenges, as highlighted by a high number of consumer complaints in 2024 regarding products arriving with leaks due to inadequate packaging for shipping. On e-commerce platforms like Amazon, user reviews and ratings have become a critical battleground in the US glass cleaner market. A product like Windex, with its 4.8-star rating, holds a distinct advantage, as positive social proof heavily influences purchasing decisions. Successful brands in this evolving landscape must master a dual strategy: maintaining a strong physical retail presence while optimizing their products and logistics for the burgeoning, yet demanding, online marketplace. The Innovation Imperative Demands More Than Just a Simple Shine In 2024, innovation in the glass cleaner market is focused on delivering tangible value beyond a basic streak-free shine. Consumers are now seeking advanced formulations that offer enhanced functionality and convenience. A key trend is the development of multi-property cleaners that provide anti-fog, anti-dust, and water-repellent coatings, which are particularly popular in the automotive and bathroom cleaning segments. At a more scientific level, manufacturers are exploring the integration of nanotechnology to create surfaces that are more resistant to dirt and smudges, reducing the frequency of cleaning required. This focus on "smarter" cleaning is also evident in application methods, with foaming sprays gaining popularity for their ability to cling to vertical surfaces without dripping. These advancements, from ingredient science to applicator design, are becoming crucial differentiators in a crowded market. Brands that invest in research and development to solve specific consumer problems are best positioned to capture the interest and loyalty of the modern American consumer. Consumer Pricing Perception and the Overall Product Value Proposition The price of glass cleaner, typically ranging from $5 to $20, is being carefully weighed by consumers in 2024. While the annual inflation rate has cooled to 2.9% as of mid-2024, households remain budget-conscious. This economic sensitivity does not automatically mean a race to the bottom on price. Instead, consumers are making sophisticated value calculations. For many, paying a premium for a product like Invisible Glass at $4.29 is justified if it delivers superior, streak-free results with less effort compared to a cheaper alternative or a labor-intensive DIY solution. The perception of value is also increasingly tied to a product's formulation. The US glass cleaner market has shown a clear willingness to support ammonia-free products, even if they come at a slightly higher cost, due to benefits like reduced odor and surface safety. The key for brands is to communicate a clear value proposition, whether it's superior performance, enhanced features, or healthier ingredients, thereby justifying the product's position on the price spectrum. Customize the Data Scope to Match Your Objectives: Future Outlook Shows a Clear Trajectory of Growth and Specialization The future of the US glass cleaner market appears bright and is projected to follow a trajectory of sustained growth and increasing specialization. The overall North American market is forecast to expand at a healthy CAGR of 6.8% from 2025 onward, with the US expected to lead this expansion. Growth will be fueled by enduring trends, including heightened hygiene standards, the proliferation of glass in modern architecture, and the unyielding consumer push for eco-friendly products. We can anticipate a further segmentation of the market, with brands developing highly specialized formulas for distinct applications such as automotive detailing, electronics screens, and commercial building maintenance. The competitive landscape will continue to reward innovation, particularly in sustainable packaging and value-added formulations. Ultimately, the brands that thrive will be those that successfully combine scientific credibility, environmental responsibility, and a deep understanding of the evolving needs of both residential and commercial users, ensuring a clear path to future success. Top Companies in the U.S. Glass Cleaner Market Armor All Company Chemical Guys Company CRC Industries Diversey Inc. ITW Global Brands Inc. PPG Industries Inc. Reckitt Benckiser Group PLC S.C. Johnson & Son Inc. Seventh Generation Inc. Sprayway Inc. Stoner Inc. The Clorox Company Weiman Products LLC Zep Inc. 3M Other Prominent Players Key Market Segmentation: By Application Residential Commercial By Distribution Channel Offline Online By Product Powder Glass Cleaner Liquid Glass Cleaner Spray Glass Cleaner Foam Glass Cleaner Need a Detailed Walkthrough of the Report? Request a Live Session: About Astute Analytica Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements. With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace. Contact Us:Astute AnalyticaPhone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)For Sales Enquiries: sales@ Follow us on: LinkedIn | Twitter | YouTube CONTACT: Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: sales@ Website: in to access your portfolio

Aircraft EWIS Market is Forecasted to Reach US$3.3 Billion in 2034, Says Stratview Research
Aircraft EWIS Market is Forecasted to Reach US$3.3 Billion in 2034, Says Stratview Research

Yahoo

time41 minutes ago

  • Yahoo

Aircraft EWIS Market is Forecasted to Reach US$3.3 Billion in 2034, Says Stratview Research

Detroit, Aug. 18, 2025 (GLOBE NEWSWIRE) -- The global aircraft EWIS market size was valued at US$2.3 billion in 2024 and is projected to reach US$3.3 billion by 2034, witnessing a market growth CAGR of 3.5% from 2024 to 2034, according to an analysis by Stratview Research. Stratview Research, a global market research firm, has launched a report on the global aircraft EWIS market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more. Click here to get a free sample of the report: Market Statistics Market Size in 2024 US$2.3 billion Market Size in 2034 US$3.3 billion Growth (CAGR) 3.5% during 2024-2034 Cumulative Sales Opportunity 2024 to 2034 US$31.47 billion Leading Platform Type Commercial Aircraft Leading Application Type Avionics Leading Product Type Built-to-Print Leading Purpose Type General-Purpose EWIS Leading End-User Type OE Leading Region North America Forecast Period 2024-2034 Trend Period 2018-2022 Base Year 2023 Number of Segments Covered 6 Number of Tables & Graphs 100+ Country-Level Market Assessment 20 Segment Insights & Market Share Analysis of the Aircraft EWIS Market: The global aircraft EWIS market is segmented based on platform type, application type, product type, purpose type, end-user type, and region. Based on platform type – The market of aircraft EWIS is segmented into commercial aircraft, regional aircraft, general aviation, military aircraft, and helicopters. Commercial aircraft is expected to remain the largest and fastest-growing platform of the market during the forecast period. The increasing production rate of various commercial aircraft is the major factor behind the exceptional growth in the commercial aerospace category. According to Boeing's 2024-2043 commercial market outlook, an estimated 43,975 commercial and regional aircraft will be delivered over the next two decades, ensuring sustained growth in the commercial aerospace industry. Based on application type – The market is segmented into avionics, interiors, propulsion systems, airframes, and other applications. Avionics applications are anticipated to remain dominant; however, interior applications are expected to exhibit the fastest growth in the market over the next nine years. Avionics applications dominate the market due to their high wiring complexity, critical role in aircraft operations, and rapid technological advancements. Frequent upgrades and retrofits also contribute to their dominant share. The growing emphasis on improving passenger experiences and the modernization of existing fleets with advanced IFE (In-Flight Entertainment) systems are key drivers contributing to the fastest growth of the interior segment. Based on purpose type – The market is segmented into general-purpose EWIS and special-purpose EWIS. General purpose is expected to remain the dominant, whereas special purpose is anticipated to be the fastest growing in the market over the next nine years. The general-purpose segment is dominant because it covers a wide range of essential wiring needs across all major aircraft systems, including lighting, power distribution, environmental controls, and basic communication lines. Additionally, general-purpose wiring is used throughout the entire aircraft, contributing to its larger share compared to more specialized or mission-specific wiring applications. Based on end-user type – The aircraft EWIS market is segmented into OE and aftermarket based on the end-user type. OE is expected to remain the dominant and faster-growing end-user type over the next nine years. OE is estimated to remain the sole source of demand for EWIS in the foreseeable future. The aftermarket holds a negligible share of the market. EWIS do not need to be replaced because their life span is almost the same as the aircraft's life. To know the most attractive segments, click here for a free sample of the report: Which Region Shows the Most Promising Growth Forecast and Opportunity? The analysis suggests that North America is expected to remain the largest market over the next nine years, whereas Asia-Pacific is likely to grow at the fastest rate during the same period. This growth outlook is mainly attributed to the following– North America is projected to continue being the largest market for aerospace EWIS during the next nine years, due to the strong presence of key aircraft manufacturers and high demand for advanced wiring systems. In contrast, Asia-Pacific is expected to expand at the highest rate, boosted by the fast growth of the aviation industry, higher aircraft production, and rising air travel in the region. North America is expected to remain the largest market for EWIS from 2024 to 2034. The USA will continue to drive regional growth, with the presence of major aircraft OEMs, tier suppliers, EWIS providers, and MRO companies. Most of the major players in the EWIS market have their presence in the region to cater to the emergent needs of OEMs and to be the partners for their upcoming aircraft programs or upcoming fuel-efficient variants of existing aircraft programs. Asia-Pacific is anticipated to experience the highest growth during 2024 and 2034. The region's market is majorly driven by the increasing aircraft fleet to support rising passenger traffic; the opening of assembly plants of Boeing and Airbus in China for multiple programs; increasing production and procurement of military aircraft owing to the rising defense budget and growing territorial disputes among key economies; and the indigenous aircraft program C919. China, Japan, and India are expected to remain the growth engines of the Asia-Pacific market. Aircraft EWIS Market Drivers: Some of the key drivers listed in the report are given below. Recovery in air passenger traffic. Rising aircraft fleet size. Increasing military expenditure. Aging aircraft fleet size. Competitive Landscape: Top Companies in the Aircraft EWIS Market: The market is moderately concentrated, with the presence of some regional and global players. Most of the major players compete in some of the governing factors, including price, product offerings, and regional presence, etc. Stratview Research has identified the following companies as the top market players: Safran S.A. Latécoère GKN Aerospace (Part of Melrose PLC) Ducommun Incorporated Amphenol Corporation Glenair What Deliverables Will You Get in this Report? Key questions this report answers Relevant contents in the report How big is the sales opportunity? In-depth analysis of the Aircraft EWIS Market How lucrative is the future? Market forecast and trend data, and emerging trends Which regions offer the best sales opportunities? Global, regional, and country-level historical data and forecasts Which are the most attractive market segments? Market segment analysis and forecast Who are the top players and their market positioning? Competitive landscape analysis, Market share analysis How complex is the business environment? Porter's five forces analysis, PEST analysis, and Life cycle analysis What are the factors affecting the market? Drivers & challenges Will I get the information on my specific requirements? 10% free customization For Customization or Any Other Queries, get in Touch with Our Industry Experts at: sales@ Related Reports: Aircraft Interiors Market Aircraft Airframe Fuel Systems Market Also Read Our Newly Published Reports on GlobeNewswire: Rail Composites Market Medical Implant Fasteners Market About us – Stratview Research is a global market research and consulting firm that highly specializes in IT & Telecom, aerospace & defense, chemicals, and a few other industries. It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions. Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more. Are you looking for any specific data customized to your objectives? We are just a mail away. CONTACT: Stratview Research Visit : Mail Us : sales@ Call Us : +1-313-307-4176Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Biosimulation Market to Attain USD 18.97 Billion by 2034, Rising at 16.9% CAGR
Biosimulation Market to Attain USD 18.97 Billion by 2034, Rising at 16.9% CAGR

Yahoo

time44 minutes ago

  • Yahoo

Biosimulation Market to Attain USD 18.97 Billion by 2034, Rising at 16.9% CAGR

The global biosimulation market is estimated at USD 4.64 billion in 2025 and is projected to grow to approximately USD 18.97 billion by 2034, expanding at a CAGR of 16.94% over the forecast period. Ottawa, Aug. 18, 2025 (GLOBE NEWSWIRE) -- The global biosimulation market was valued at USD 3.97 billion in 2024 and is projected to reach approximately USD 18.97 billion by 2034, expanding at a CAGR of 16.9%, according to a study published by Towards Healthcare, a sister company of Precedence Research. The growth of the market is driven by the growing technological advancements, along with research and development in the sectors, especially the biopharmaceutical sector, which fuels the growth of the market. The Complete Study is Now Available for Immediate Access | Download the Sample Pages of this Report @ Key Takeaways North America dominated the biostimulation market in 2023. Asia-Pacific is anticipated to grow at the fastest rate in the biosimulation market during the forecast period. By product, the software segment dominated the biosimulation market in 2023. By product, the services segment is projected to expand rapidly in the market in the coming years. By application, the drug development segment held a dominant presence in the biosimulation market in 2023. By application, the drug discovery segment is expected to grow fastest in the market By end-use, the pharmaceutical & biotechnology companies led the global biosimulation market in 2023. By end-use, the CRO segment is anticipated to grow with the highest CAGR in the market during the studied years. Market Overview & Potential Biostimulation is a process of stimulating or improving biological activity through the modification of the environment, and encourages the specific processes, like bioremediation, which are used for targeting microbes. Key aspects of biostimulation are the targeted approach, environmental factors, and adaptation and efficiency to enhance specific biological processes. It is also used in cosmetic treatments and procedures for the promotion of collagen and elastin production through procedures like PRP (Platelet-Rich Plasma), microneedling, and certain dermal fillers. What is the Growth Potential Responsible for The Growth of The Biosimulation Market? The growth of the market is driven by the rising prevalence of chronic diseases like cancer, diabetes, and cardiovascular diseases, which increases the demand for new and advanced therapies and technologies, fueling the growth of the market. The personalized medicine demand, with increasing awareness about health, increases the growth by optimizing the treatment strategies for individuals according to their needs. The technological advancements, like blood-based biosimulation platforms and integration of AI and machine learning to enhance and increase accessibility, scalability, and computational power, further boost the growth of the market. You can place an order or ask any questions, please feel free to contact us at sales@ What Are the Growing Trends Associated with the Biosimulation Market? Rising Research and Development Investments The rising spending on research and development for improved drug discovery and development is a growing trend that supports the growth. Increased Adoption of Cloud-Based Solutions The increased adoption of cloud-based platforms to increase offering accessibility, scalability, and cost-effectiveness fuels the growth of the market. Advancements in AI and Machine Learning The integration of AI and machine learning for advanced and efficient, and improved performance boosts the growth of the market. Government Support for Digital Health Government initiatives and support for digital health help enhance and improve the service, which increases the growth of the market. What Is the Growing Challenge in the Biosimulation Market? The key challenge that hinders the growth of the market is the high initial investment in biostimulation software and services, complexity of biological systems, which limits accessibility and growth. The data accuracy and reliability are also crucial and impact drug development decisions, which lack standardization protocols and data interoperability, hindering the growth of the market. Shortage of skilled professionals in biostimulation slows down the adoption of biosimulation tools, which limits the growth and expansion of the market. Become a valued research partner with us - Regional Analysis How Did North America Dominate the Biosimulation Market in 2023? In 2023, North America led the biosimulation market, driven by the rise in new drug approvals, the presence of major industry players, and technological innovations. The US FDA actively promotes digital health technologies in clinical drug development and has established a 'Framework for the Use of DHTs in Drug and Biological Product Development' to boost awareness through workshops, guidance publications, and internal processes. The region's dominance stems from a strong pharma and biotech sector, technological leadership, and a supportive regulatory setting, especially in the US. Why Did the Asia Pacific Biosimulation Market Grow Significantly in 2023? The Asia Pacific biosimulation market is expanding rapidly due to technological progress, a rising burden of chronic diseases, and increased R&D investments in biopharmaceuticals. The adoption of cloud-based biosimulation platforms and the growth of biologics and biosimilars markets further fuel this expansion. Innovations in biosimulation software are making these tools more accessible, especially for smaller companies. Significant investments in R&D, notably in China and India, alongside the increasing emphasis on biologics and biosimilars more complex to develop are key factors behind this growth. Segmental Insights By Product Which Product Segment Dominated The Biostimulation Market In 2023? The software segment led the biosimulation market in 2023. Biosimulation software helps researchers model and simulate complex biological systems, predict drug behavior, optimize treatment strategies, and cut costs and time. The software provides a comprehensive solution and can be used multiple times during the subscription period. It can be accessed anywhere and anytime by researchers, promoting real-time data analysis. The services segment is expected to grow rapidly in the market over the coming years. Several companies offer biosimulation services to measure various parameters needed during drug development. These services save researchers time and are cost-effective. Organizations and academic institutions lacking biosimulation expertise prefer outsourcing these services. Biosimulation services can be provided in-house or through contracts. By Application How did the drug development Segment dominate the Biostimulation Market In 2023? The drug development segment held a dominant position in the biosimulation market in 2023. Drug development involves screening numerous molecules and assessing the safety and efficacy of drugs. Only a small number of novel drugs gain approval and reach the market. Biosimulation streamlines the process by predicting various drug parameters. The rise in novel drug discovery research and increased R&D investments support the segment's growth. The drug discovery segment is expected to grow the fastest during the forecast period. Growing incidences of acute and chronic disorders, increased research in novel drug discovery, and demand for personalized therapy drive this growth. Biosimulation helps identify potential drug candidates for specific diseases, reducing research time and costs. The rising number of new drug approvals, such as the 104 drugs approved by the Chinese regulatory agency NMPA in 2023 (up from 77 in 2022), supports this trend. By end use Which End Use Segment Dominated The Biostimulation Market In 2023? Pharmaceutical and biotechnology companies led the global biosimulation market in 2023. The growth is driven by the increasing number of drug discovery projects, available capital investments, and more collaborations. Quick and successful product launches strengthen these companies' market positions and increase demand for computer modeling. Adoption of biosimulation boosts productivity and resource efficiency. The CRO segment is expected to have the highest CAGR during the forecast period. Contract research organizations (CROs) provide outsourced research services for the pharmaceutical and biotech industries. The growth of CROs correlates with the rising demand for efficient research services. CROs frequently use biosimulation to design and manage research and clinical trials. The availability of technical expertise and suitable infrastructure supports market expansion. Get the latest insights on life science industry segmentation with our Annual Membership: Recent Developments In September 2024, Cellworks Group, Inc. announced positive results from a study involving Cellworks' biosimulation platform to accurately predict overall survival (OS) and chemotherapy benefits in two non-small cell lung cancer patient cohorts, thereby advancing personalized treatment. In July 2024, Certara announced the acquisition of Chemaxon, a cheminformatics software provider, to bolster its drug discovery software portfolio. The acquisition was made to strengthen Certara's position in the drug discovery biosimulation market. In March 2024, Exploristics announced a collaboration with Exonate to optimize the study design for Exonate's upcoming Phase IIb study involving a lead candidate, EXN407, for diabetic eye disease. Biosimulation Market Key Players ANSYS, Inc. Atomwise, Inc. BioSymetrics, Inc. Cadence Cellworks Group, Inc. Certara, Inc. Exonate Exploristics Genedata AG Schrodinger Simulations Plus VeriSim Life Most-Accessed Market Insights from Towards Healthcare The global cell and gene therapy market is valued at USD 21.82 billion in 2024 and is projected to reach USD 187.44 billion by 2034, expanding at a CAGR of 24% during 2024–2034. The AI in healthcare market is anticipated to grow from USD 37.98 billion in 2025 to approximately USD 674.19 billion by 2034, registering a robust CAGR of 37.66% between 2025 and 2034. The U.S. behavioral health market stands at USD 92.2 billion in 2024, is set to grow to USD 96.9 billion in 2025, and is expected to reach USD 151.62 billion by 2034, progressing at a CAGR of 5.1% from 2024 to 2034. The home healthcare market is projected to expand from USD 226.92 billion in 2025 to USD 476.80 billion by 2034, growing at a CAGR of 8.6% during 2025–2034. The U.S. 503B compounding pharmacies market is forecast to increase from USD 1.25 billion in 2025 to USD 2.42 billion by 2034, at a CAGR of 7.63% over the period 2025–2034. The global CAR T-cell therapies market is estimated at USD 6.52 billion in 2024 and is projected to soar to USD 88.51 billion by 2034, advancing at a strong CAGR of 29.8% during 2024–2034. The global child care market is valued at USD 245.10 billion in 2025 and is expected to reach USD 404.46 billion by 2034, growing at a CAGR of 5.72% from 2024 to 2034. The global pharmaceutical CDMO market was valued at USD 146.05 billion in 2023 and is projected to grow to USD 315.08 billion by 2034, expanding at a CAGR of 7.24% between 2024 and 2034. The global basal cell carcinoma treatment market is valued at USD 3.33 billion in 2024, estimated at USD 3.67 billion in 2025, and is projected to reach USD 9.01 billion by 2034, rising at a CAGR of 10.48% from 2025 to 2034. The global smart healthcare market is estimated at USD 283.41 billion in 2024, expected to reach USD 335.85 billion in 2025, and further expand to USD 1,547.41 billion by 2034, at a CAGR of 18.5% during 2024–2034. Segments Covered in The Report By Product Software Services In-house Services Contract Services By Application Drug Development Drug Discovery Others By Delivery Model Subscription Models Ownership Models By End-Use Pharmaceutical & Biotechnology Companies CROs Regulatory Authorities Academic Research Institutions By Region North America U.S. Canada Asia Pacific China Japan India South Korea Thailand Europe Germany UK France Italy Spain Sweden Denmark Norway Latin America Brazil Mexico Argentina Middle East and Africa (MEA) South Africa UAE Saudi Arabia Kuwait Immediate Delivery Available | Buy This Premium Research @ Access our exclusive, data-rich dashboard dedicated to the healthcare market - built specifically for decision-makers, strategists, and industry leaders. The dashboard features comprehensive statistical data, segment-wise market breakdowns, regional performance shares, detailed company profiles, annual updates, and much more. From market sizing to competitive intelligence, this powerful tool is one-stop solution to your gateway. Access the Dashboard: About Us Towards Healthcare is a leading global provider of technological solutions, clinical research services, and advanced analytics, with a strong emphasis on life science research. Dedicated to advancing innovation in the life sciences sector, we build strategic partnerships that generate actionable insights and transformative breakthroughs. As a global strategy consulting firm, we empower life science leaders to gain a competitive edge, drive research excellence, and accelerate sustainable growth. You can place an order or ask any questions, please feel free to contact us at sales@ Europe Region: +44 778 256 0738 North America Region: +1 8044 4193 44 Web: Our Trusted Data Partners Precedence Research | Statifacts | Towards Packaging | Towards Automotive | Towards Food and Beverages | Towards Chemical and Materials | Towards Consumer Goods | Towards Dental | Towards EV Solutions | Nova One Advisor | Healthcare Webwire | Packaging Webwire | Automotive Webwire Find us on social platforms: LinkedIn | Twitter | InstagramSign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store