The global biotechnology market size was USD 1.37 Trillion in 2022 and is expected to register a rapid revenue CAGR of 13.8% during the forecast period. Innovations and advent of novel technologies, increasing medical applications of fermentation technology and increasing Research & Development (R&D) activities in tissue culture and cell engineering are key factors driving market revenue growth.
The Global Biotechnology Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Biotechnology Market studies the market scenario to offer growth projections for the Biotechnology industry for the forecast period of 2020-2027. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
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Competitive Outlook: The leading companies operating in the Biotechnology market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Biotechnology Market and Profiled in the Report are:
AstraZeneca, Gilead Sciences, Inc., Novo Nordisk A/S, Abbott Laboratories, Amgen Inc., Thermo Fisher Scientific Inc., Merck KgaA, Johnson & Johnson Services, Inc., Novartis AG, F. Hoffmann-La Roche Ltd., Pfizer, Inc., Moderna Inc., Bristol-Myers Squibb, Becton, Dickinson and Company, Danaher Corporation, Medtronic plc, Biogen Inc., Bayer AG, Eli Lily and Company, and AbbVie Inc
Objectives of the Report:
Study of the global Biotechnology market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Biotechnology market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Biotechnology market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Biotechnology market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Technology Outlook (Revenue, USD Trillion; 2019-2032)
- Tissue Engineering and Regeneration
- Nanobiotechnology
- DNA Sequencing
- Cell-based Assays
- Fermentation
- PCR Technology
- Chromatography
- Others
Application Outlook (Revenue, USD Trillion; 2019-2032)
- Health
- Food & Agriculture
- Natural Resources & Environment
- Industrial Processing
- Bioinformatics
- Others
Regional Outlook (Revenue, USD Trillion; 2019–2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- ASEAN Countries
- Oceania
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Rest of LATAM
- Middle East & Africa
- GCC Countries
- Israel
- Turkey
- South Africa
- Rest of Middle East & Africa
- North America
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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