The global biotechnology market is expected to grow from USD 447.92 billion in 2019 to USD 833.34 billion by 2027, at a CAGR of 7.02% during the forecast period 2020-2027.
Biotechnology is a part of biology which focuses on the development of products with the help of existing organisms. Biotechnology has been developed over the years and has expanded in recent times to include diverse technologies such as genomics, applied immunology, etc. The main objective of the biotechnology is to develop products for different applications. It is basically a research and development activity using bioinformatics for extraction and exploration of living organisms. Biochemical engineering helps to plan, forecast and formulate the value-added products which can be used for sustainable operations. Biotechnology involves the deployment of cellular processes for the innovation of specific products. It is majorly used in healthcare, food production, industrial and environmental uses. The scope of utilization of the products derived from biotechnology is extensive and is used to ease up the life of humans. It is used in the manufacturing of organic products. Apart from this, it is also used for recycling the products and treatment of waste generated from the industries. The growing demand for biotechnology in agriculture and pharmacies has led to market growth.
This study delivers a comprehensive analysis of the technology, applications and regions. The technology segment includes nano-biotechnology, DNA sequencing, fermentation, PCR technology, cell-based assay, chromatography, tissue engineering and regeneration and others. Out of these, nanotechnology holds the largest market share. Nano-biotechnology is a combination of biology and nanotechnology. It has emerged recently owing to the growing technological advancements in the medical sector. It has more comprehensive applications in diverse verticals. It is majorly used in drug delivery therapies for chronic diseases. It has been used in the production of cancer-curing drugs. Nano-biotechnology is basically the development of gold nanoparticles, nanoparticle-based chemotherapeutic drugs and quantum dots. The applications segment includes agriculture, industrial processing, pharmacy, bioinformatics, environment, bioservices and others. Among these, pharmacy is the dominant segment as it constitutes the majority of the market shares. Biotechnology has been proved to be most useful in the drug discovery process. It has provided innovative and sustainable technologies for the development ofdrugs for chronic diseases. Further, the growing demand for personalized medicine has also led to market growth.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America accounts for the largest market share. The region has more exceptional R&D capabilities for better application of biotechnology. Further, the spending on health is more as compared to other regions, which has accelerated the market growth in the region.
Some of the notable players in the biotechnology market are Bio-Rad Laboratories, PerkinElmer, Johnson & Johnson Services Inc., Amgen, Thermo Fisher Scientific, Agilent Technologies, Illumina, Sanofi, Abbott Laboratories, Qiagen, F. Hoffmann-La Roche, Pfizer, Merck & Co., Danaher and others.
This study forecasts revenue growth at global, regional, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:
Global Biotechnology Market Analysis And Forecast, By Technology
Global Biotechnology Market Analysis And Forecast, By Application
Global Biotechnology Market Analysis And Forecast, By Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Technology
4.3.2. Market Attractiveness Analysis By Applications
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing chronic diseases
5.2.2. Growing use in different verticals
5.3. Restraints
5.3.1. Risk associated with the genetic data
5.4. Opportunities
5.4.1. Increasing healthcare budget in growing economies
5.4.2. Technological development
5.5. Challenges
5.5.1. Stringent regulations for product approval
6. Global Biotechnology Market Analysis and Forecast, By Technology
6.1. Segment Overview
6.2. Nano-biotechnology
6.3. DNA Sequencing
6.4. Fermentation
6.5. PCR Technology
6.6. Cell-based Assay
6.7. Chromatography
6.8. Tissue engineering and Regeneration
6.9. Others
7. Global Biotechnology Market Analysis and Forecast, By Applications
7.1. Segment Overview
7.2. Agriculture
7.3. Industrial Processing
7.4. Pharmacy
7.5. Bioinformatics
7.6. Environment
7.7. Bioservices
7.8. Others
8. Global Biotechnology Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Biotechnology Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Biotechnology Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Bio-Rad Laboratories
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. PerkinElmer
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Johnson & Johnson Services Inc.
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Amgen
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Thermo Fisher Scientific
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Agilent Technologies
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Illumina
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Sanofi
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Abbott Laboratories
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Qiagen
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. F. Hoffmann-La Roche
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Pfizer
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Merck & Co.
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Danaher
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. Siemens AG
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
List of Table
1. Global Biotechnology Market, By Technology, 2019-2027 (USD Billion)
2. GlobalNano-biotechnology, Biotechnology Market, By Region, 2019-2027 (USD Billion)
3. GlobalDNA Sequencing, Biotechnology Market, By Region, 2019-2027 (USD Billion)
4. GlobalFermentation, Biotechnology Market, By Region, 2019-2027 (USD Billion)
5. GlobalPCR Technology, Biotechnology Market, By Region, 2019-2027 (USD Billion)
6. GlobalCell-based Assay, Biotechnology Market, By Region, 2019-2027 (USD Billion)
7. Global Chromatography, Biotechnology Market, By Region, 2019-2027 (USD Billion)
8. GlobalTissue engineering and Regeneration, Biotechnology Market, By Region, 2019-2027 (USD Billion)
9. GlobalOthers, Biotechnology Market, By Region, 2019-2027 (USD Billion)
10. Global Biotechnology Market, By Applications, 2019-2027 (USD Billion)
11. Global Agriculture, Biotechnology Market, By Region, 2019-2027(USD Billion)
12. GlobalIndustrial Processing, Biotechnology Market, By Region, 2019-2027(USD Billion)
13. GlobalPharmacy, Biotechnology Market, By Region, 2019-2027 (USD Billion)
14. GlobalBioinformatics, Biotechnology Market, By Region, 2019-2027 (USD Billion)
15. Global Environment, Biotechnology Market, By Region, 2019-2027 (USD Billion)
16. Global Bioservices, Biotechnology Market, By Region, 2019-2027 (USD Billion)
17. GlobalOthers, Biotechnology Market, By Region, 2019-2027 (USD Billion)
18. North America Biotechnology Market, By Technology, 2019-2027 (USD Billion)
19. North America Biotechnology Market, By Applications, 2019-2027(USD Billion)
20. U.S. Biotechnology Market, By Technology, 2019-2027 (USD Billion)
21. U.S. Biotechnology Market, By Applications, 2019-2027(USD Billion)
22. Canada Biotechnology Market, By Technology, 2019-2027 (USD Billion)
23. Canada Biotechnology Market, By Applications, 2019-2027(USD Billion)
24. Mexico Biotechnology Market, By Technology, 2019-2027 (USD Billion)
25. Mexico Biotechnology Market, By Applications, 2019-2027(USD Billion)
26. Europe Biotechnology Market, By Technology, 2019-2027 (USD Billion)
27. Europe Biotechnology Market, By Applications, 2019-2027(USD Billion)
28. Germany Biotechnology Market, By Technology, 2019-2027 (USD Billion)
29. Germany Biotechnology Market, By Applications, 2019-2027(USD Billion)
30. France Biotechnology Market, By Technology, 2019-2027 (USD Billion)
31. France Biotechnology Market, By Applications, 2019-2027(USD Billion)
32. U.K. Biotechnology Market, By Technology, 2019-2027 (USD Billion)
33. U.K. Biotechnology Market, By Applications, 2019-2027(USD Billion)
34. Italy Biotechnology Market, By Technology, 2019-2027 (USD Billion)
35. Italy Biotechnology Market, By Applications, 2019-2027(USD Billion)
36. Spain Biotechnology Market, By Technology, 2019-2027 (USD Billion)
37. Spain Biotechnology Market, By Applications, 2019-2027(USD Billion)
38. Asia Pacific Biotechnology Market, By Technology, 2019-2027 (USD Billion)
39. Asia Pacific Biotechnology Market, By Applications, 2019-2027(USD Billion)
40. Japan Biotechnology Market, By Technology, 2019-2027 (USD Billion)
41. Japan Biotechnology Market, By Applications, 2019-2027(USD Billion)
42. China Biotechnology Market, By Technology, 2019-2027 (USD Billion)
43. China Biotechnology Market, By Applications, 2019-2027(USD Billion)
44. India Biotechnology Market, By Technology, 2019-2027 (USD Billion)
45. India Biotechnology Market, By Applications, 2019-2027(USD Billion)
46. South America Biotechnology Market, By Technology, 2019-2027 (USD Billion)
47. South America Biotechnology Market, By Applications, 2019-2027(USD Billion)
48. Brazil Biotechnology Market, By Technology, 2019-2027 (USD Billion)
49. Brazil Biotechnology Market, By Applications, 2019-2027(USD Billion)
50. Middle East and Africa Biotechnology Market, By Technology, 2019-2027 (USD Billion)
51. Middle East and Africa Biotechnology Market, By Applications, 2019-2027(USD Billion)
52. UAE Biotechnology Market, By Technology, 2019-2027 (USD Billion)
53. UAE Biotechnology Market, By Applications, 2019-2027(USD Billion)
54. South Africa Biotechnology Market, By Technology, 2019-2027 (USD Billion)
55. South Africa Biotechnology Market, By Applications, 2019-2027(USD Billion)
List of Figures
1. Global Biotechnology Market Segmentation
2. Global Biotechnology Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Biotechnology Market Attractiveness Analysis By Technology
9. Global Biotechnology Market Attractiveness Analysis By Applications
10. Global Biotechnology Market Attractiveness Analysis By Region
11. Global Biotechnology Market: Dynamics
12. Global Biotechnology Market Share by Technology (2020 & 2027)
13. Global Biotechnology Market Share by Applications (2020 & 2027)
14. Global Biotechnology Market Share by Regions (2020 & 2027)
15. Global Biotechnology Market Share by Company (2019)
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