Home Business Global Patent Filings Hit Record High In 2022, Asia Leads With 54% Rise: UN

Global Patent Filings Hit Record High In 2022, Asia Leads With 54% Rise: UN

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A document 278,100 patents had been filed globally in 2022, based on the annual report launched by the United Nations’ World Mental Property Group (WIPO).

The variety of worldwide patents filed final 12 months grew merely 0.3 per cent, with the local weather for innovation depicting the troublesome financial situations in 2022, the UN physique acknowledged in its annual overview.

The purposes recorded are the best quantity ever in a single 12 months given the large challenges to the economic system as a consequence of Russia’s invasion of Ukraine, the persevering with COVID pandemic, rising inflation, and provide chain woes, based on WIPO.

Asia leads in patent purposes filed globally

Asia continued to dominate the patents, accounting for 54.7 per cent of the purposes filed globally, WIPO mentioned. China stays the highest supply of purposes forward of the US and Japan underneath WIPO’s Patent Cooperation Treaty (PCT), which simplifies acquiring patent safety in a number of nations.

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Whereas patent registrations in India shot up by 25.4 per cent, and South Korea noticed sharp progress of simply over six per cent, however the general image was of extra modest progress, mentioned Carsten Fink, WIPO Chief Economist.

Corporations from China filed 70,105 patent purposes, adopted by the US (59,056), Japan (50,345), South Korea (22,012) and Germany (17,530). France, Britain, Switzerland, Sweden and the Netherlands had been among the many high 10 nations, reported information company AFP.

India ranked twelfth in patent filings recording 25.4 per cent rise whereas South Korea noticed 6.2 per cent.

Corporations that grabbed the highest spot

Chinese language tech large Huawei was on the high spot with 7,689 patent purposes, forward of South Korean rival Samsung with 4,387, which jumped as much as the second place with a 44.3 % enhance in purposes.

Each companies had been forward of US agency Qualcomm (3,855), Japan’s Mitsubishi Electrical (2,320), and Swedish telecom tools maker Ericsson (2,158).

It’s to be famous that pc know-how accounted for the biggest share of purposes at 10.4 %, adopted by digital communication, electrical equipment, medical know-how, after which measurement.

Of the highest 10 know-how fields, eight witnessed progress in 2022. “After the significantly robust progress in health-related know-how fields of final 12 months, digital know-how fields returned to the quickest rising fields amongst PCT purposes in 2022,” WIPO mentioned.

As for trademark purposes, US-based companies filed the utmost patents (12,495), adopted by Germany (7,695), China (4,991), France (4,403) and Britain (4,227). French cosmetics large L’Oreal as soon as once more topped the pack, with 160 trademark purposes.

Swiss pharmaceutical agency Novartis moved up three locations to quantity two with 131 purposes, adopted by Britain’s Glaxo Group (128), Bulgaria’s Euro Video games Expertise (120) and South Korea’s Hyundai.

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