Press release
Biotechnology Market Outlook - Top Companies are Thermo Fisher Scientific Inc., Merck KGaA, PerkinElmer, Inc., Agilent Technologies, Inc., F. Hoffmann-La Roche Ltd., Danaher, QIAGEN, BD, Bio-Rad Laboratories, Inc.
The global biotechnology market estimated to grow at a CAGR of 10.5% during the forecast period from 2018 to 2025. The market for biotechnology was valued at USD 218,012.1 Mn in 2017 and is estimated to reach US$ 471,336.4 Mn by 2025.The global biotechnology market is segmented on the basis of technology and application and geography. On the basis of technology, the biotechnology market is segmented into DNA sequencing, fermentation, cell based assay, nanobiotechnology, chromatography, PCR technology, tissue engineering and regeneration and others. On the basis of application, the biotechnology market is segmented into industrial/bio processing, bioinformatics, food & agriculture, health, natural resource & environment and others.
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The biotechnology market is aimed to describe, define and estimate the forecast for market size of the biotechnology till 2025. The report strategically analyzes macro and micro-markets to entail the major factors impacting the growth of the global biotechnology market. The market report for biotechnology is appropriate to cater the needs and demands of various stakeholders that include pharmaceutical, biotechnology and medical companies in the form of research services.
Leading Biotechnology Market Players:
1. Thermo Fisher Scientific Inc.
2. Merck KGaA
3. PerkinElmer, Inc.
4. Agilent Technologies, Inc.
5. F. Hoffmann-La Roche Ltd.
6. Danaher
7. QIAGEN
8. BD
9. Bio-Rad Laboratories, Inc.
10. Illumina, Inc.
North America is expected to be the dominant region in the global biotechnology market. This dominance is primarily driven by rising demand for innovative products from biopharmaceutical and biotechnology companies, significant presence of key market players and extensive R&D activities conducted by various academic and research institutes in the region. Additionally, increasing focus on advanced method incorporation in healthcare, growing government and private initiatives for promotion of precision medicine and massive funds from government and private bodies for genomic research is also expected to propel the growth for the North America market. On the other hand, Asia Pacific is expected to witness significant growth in the biotechnology market owing to factors such as availability of highly skilled, efficient & large number of human resources, and streamlining government policies resulting in high investments for biotechnology sector in the region.
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The major players operating in the biotechnology market include Thermo Fisher Scientific Inc., Merck KGaA, PerkinElmer, Inc., Agilent Technologies, Inc., F. Hoffmann-La Roche Ltd., Danaher, QIAGEN, BD, Bio-Rad Laboratories, Inc., Illumina, Inc. and among others. The global biotechnology market is highly competitive and driven by large number of novel product launches and approvals. For instance, in April 2017, Illumina, Inc. introduced BaseSpace Informatics Suite, used to accelerate genomic data analysis for sequence lab.
Reason to Buy:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the biotechnology market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global biotechnology market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
TABLE OF CONTENTS
1. INTRODUCTION 20
1.1 SCOPE OF THE STUDY 20
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 20
2. GLOBAL BIOTECHNOLOGY MARKET – KEY TAKEAWAYS 22
3. GLOBAL BIOTECHNOLOGY MARKET – MARKET LANDSCAPE 24
3.1 OVERVIEW 24
3.2 MARKET SEGMENTATION 24
3.2.1 Global Biotechnology market – By Technology 25
3.2.2 Global Biotechnology market – By Application 26
3.2.3 Global Biotechnology market – By Geography 26
3.3 PEST ANALYSIS 27
3.3.1 North America – PEST Analysis 27
3.3.2 Europe– PEST Analysis 30
3.3.3 Asia Pacific– PEST Analysis 32
3.3.4 Middle East and Africa – PEST Analysis 34
3.3.5 South and Central America – PEST Analysis 36
4. GLOBAL BIOTECHNOLOGY MARKET – KEY MARKET DYNAMICS 38
4.1 KEY MARKET DRIVERS 38
4.1.1 Declining Prices of Genome Sequencing 38
4.1.2 Increasing Innovative Technologies 38
4.1.3 Increasing Number Of Initiatives By Private and Government Bodies 39
4.2 KEY MARKET RESTRAINTS 40
4.2.1 Risks Associated With Genetic Data 40
4.2.2 Systemic Risks Of Genetically Modified Crops 40
4.3 KEY MARKET OPPORTUNITIES 41
4.3.1 Usage of NSG in Biomarker Discovery and Precision Medicine 41
4.4 FUTURE TRENDS 41
4.4.1 Rising Future Conferences and Workshops 41
4.5 IMPACT ANALYSIS 42
5. BIOTECHNOLOGY MARKET – GLOBAL ANALYSIS 43
5.1 GLOBAL BIOTECHNOLOGY MARKET REVENUE FORECASTS AND ANALYSIS 43
5.2 GLOBAL BIOTECHNOLOGY MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 44
5.3 MARKET POSITIONING 45
5.4 PERFORMANCE OF KEY PLAYERS 45
5.4.1 Thermo Fisher Scientific, Inc. 45
5.4.2 Danaher 45
5.5 EXPERT OPINIONS 46
Complete Report is Available at: http://bit.ly/2yv1F7W
About Us:
The Insight Partners is a one top industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
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