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The global preventable vaccine market is projected to grow at a CAGR of 8.99% over 2012 to 2016. One of the key factors contributing to this market's growth is the increase in demand for vaccination. Along with this, there has also been a marked increase in market consolidation. However, the emergence of regional players could prove to be one of the major challenges to market growth.

Novel approaches to treat infection is growing as the need is urgent. Misuse or overuse of antibiotics accelerated Anti-Microbial Resistance (AMR) and has resulted in the emergence of super bugs which are posing life threatening challenges worldwide. Novel approaches are immediately required to combat these super infections warranting need for new classes of antibiotics and other preventive/therapeutic approaches.

MRO refers to the activity of fixing any broken-down or out-of-order devices or the process of preventing the breakdown of equipment. This can involve both routine check-ups and complete overhauls of an engine and other parts. Military helicopter MRO activities are driven by the increase in the fleet of newly-acquired military helicopters worldwide.