openPR Logo
Press release

Biotechnology Market - Development Outlook 2025 | Pfizer, Johnson & Johnson

12-20-2018 01:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR Research

/ PR Agency: TMR Research
Biotechnology Market - Development Outlook 2025 | Pfizer,

Global Biotechnology Market: Overview

The global biotechnology market is mainly driven by the surge in the demand for food, depleting natural resources, government regulatory support, and technological advancements of various solutions to counter fatal diseases. The advent of stem cell technology, nanotechnology, and cloning has also propelled this market substantially and is expected to continue aiding to this market in the years to come. However, the dearth of awareness among consumers regarding biotech products and the long duration between research and commercial production of these products may act as a restraint to this market over the next few years. Apart from this, the market will also face challenges from the ethical and social issues with clinical trials in the near future.

Request Sample Copy of the Report @
www.tmrresearch.com/sample/sample?flag=B&rep_id=1388

Biotechnology finds extensive application in several industries, such as agriculture, pharmaceuticals, downstream chemical processing, and bioservices. The pharmaceuticals industry has emerged as the main application area of biotechnology with biopharmacy surfacing as the leading segment of the global biotechnology market. The industrial application of biotechnology is also on the horizon with the rising demand for biofuels and bioenzymes in a number of applications. The agriculture sector is anticipated to primarily apply biotechnology for the genetic modification of crops and the production of bioseeds over the forthcoming years.

Biotechnology is the employment of organisms and living systems in order to develop products or a technological application that further uses derivatives, living organisms, and biological systems thereof, in order to create or modify processes or products for specific use. Relying on the applications and tools, it at times overlays with related fields such as molecular engineering, biomanufacturing, biomedical engineering, and bioengineering. Biotechnology draws from cellular and biomolecular processes in order to formulate several products ranging from industrial enzymes to drugs. The application of biotechnology is also rising in the agricultural sector in order to protect the crops against insects and pests.

The existence of government organizations such as the Department of Biotechnology (DBT) and many other government funded institutions such as National Biotechnology Board (NBTB) and several other independent institutions working in the field of biotechnology are boosting in funds in order to support initiatives related to product development and research and development regarding advanced in biotechnology. These factors are expected to bring in more funds for biotechnology research.

Request TOC of the Report @
www.tmrresearch.com/sample/sample?flag=T&rep_id=1388

Global Biotechnology Market: Trends and Opportunities

Growing demand for new technologies such as tissue engineering, fermentation, recombinant technology, and DNA sequencing is expected to magnify the size of the biotechnology industry. Rising demand for food for meeting the unmet needs of the incessantly growing population across the globe and low availability of natural resources that are non-renewable is expected to fuel the growth of the global biotechnology market. Genetic modification and genetic engineering has applications in agricultural food items and is thus is likely to stimulate the adoption of biotechnology further. Moreover, declining prices of technologies related to DNA sequencing is anticipated to trigger the commencement of research and development activities in order to understand genetic variations better and developing therapeutic solutions.

However, the growth of the global biotechnology market is likely to be hampered by due to the high risks associated with genetically modified crops and organisms and also due to ethical issues regarding clinical trials. Lack of understanding of biosystems creates difficulties in predicting the nature of the artificial organisms made from biotechnology experiments. However, the sector can expect more funds owing to the growing need for understanding chronic diseases at a molecular level and conduct novel diagnostic and therapeutic procedures.

Global Biotechnology Market: Market Potential

In April 2016, BASF SE commenced a new research and development center at the Crop Protection division headquarter in Limburgerhof, Germany in order to achieve biological crop protection and seed solutions. In June 2016, BASF signed an agreement in order to acquire Chemetall, a developer and producer of treatment and system solutions for surface treatment. The acquisition is expected to advance the technologies of BASF SE. Another major merger occurred of DuPont with the Dow Chemical Company in order to diversify to diversify its seed and crop protection portfolio.

Global Biotechnology Market: Regional Outlook

North America and Europe are expected to emerge prominent in the global biotechnology market. This progress can be attributed to the rising initiatives in terms of research and development by prime industry players and growing awareness among private and public research institutions. Even the market in Asia Pacific is likely to exhibit lucrative growth opportunities in the coming years owing to favorable regulatory scenarios.

Read Comprehensive Overview of Report @
www.tmrresearch.com/biotechnology-market

Global Biotechnology Market: Vendor Landscape

Leading players in the market are adopting strategies in terms of acquisitions and mergers and strategic collaborations in order to maintain a strong hold in the market. Some of the leading players in the market are Sanofi, Lonza, Novartis, F. Hoffman La Roche, Genentech, GlaxoSmithKline, Pfizer, Johnson & Johnson, Genzyme, Celgene, Biogen, AstaZeneca, Amgen, and Abbott.

About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends. Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Biotechnology Market - Development Outlook 2025 | Pfizer, Johnson & Johnson here

News-ID: 1453430 • Views: 220

More Releases from TMR Research

Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030. The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030. The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot  Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation

All 5 Releases


More Releases for Biotechnology

Automated Liquid Handler Market to Eyewitness Massive Growth by Illumina Biotech …
A2Z Market Research announces the release of the Automated Liquid Handler Market research report. The global Automated Liquid Handler market research is predicted to record a 8.50% CAGR during the review period 2021-2027. Automated fluid handling systems (ALH) are a set of instruments and devices used in fluid handling that perform various functions related to fluid transfer in a clinical and research setting. ALH systems have contributed to the streamlining
Agricultural biotechnology market– Dupont opened its integrated science and bi …
Recent Developments Du Pont is a science and technology company. This company introduce agriculture products, containing the soybean seed and hybrid corn varients mainly under the brand named Pioneer, canola, sorghum, sunflower,  wheat, and rice seeds; silage inoculants, and insect,  weed, disease control products, DuPont introduced its first integrated science and biotechnology center, the DuPont Knowledge Center (DKC) in Hyderabad, Telangana state, in 2008. It is a 20-acre campus with a recent
Amino Sugar Market 2017 - Sacchachem Biotechnology, Apeloau, Jieshi Kang Biotech …
Apex Research, recently published a detailed market research study focused on the "Amino Sugar Market" across the global, regional and country level. The report provides 360° analysis of "Amino Sugar Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Amino Sugar industry, and estimates the future trend of Amino Sugar market
Amino Sugar Market by Manufacturers - Sacchachem Biotechnology, Apeloau, Jieshi …
Global Amino Sugar Industry, 2017 Market Research Report is a professional and in-depth study on the current trends and Future Forecast. This Amino Sugar Market report values the industry in USD million terms for 2016, expected USD million value by the end of 2022 is provided, showing a steady CAGR percentage number between 2016 and 2022. Request a sample copy of Amino Sugar Market Research Report @ https://www.marketstudyreport.com/request-a-sample/237012/?utm_source=opr-SK The industry is analyzed in
Annual Biotechnology Congress
Allied Academies invites all aspirants from the life sciences field around the world to attend the Annual Biotechnology Congress, during August 17-18, 2017 in Toronto, Canada We cordially welcome all the eminent researchers, students and delegates to take part in this upcoming conference to witness invaluable scientific discussions and contribute to the future innovations in the field of Biotechnology. The applications of biotechnology include therapeutics, diagnostics, and genetically modified crops for
Global Malic Acid Market 2017 Sealong Biotechnology, Jinhu Lile Biotechnology
Global Malic Acid Market 2016 - 2017 The Market research study, titled Worldwide Malic Acid Market 2017, presents critical information and factual data about the Malic Acid market globally, providing an overall statistical study of the Malic Acid market on the basis of market drivers, Malic Acid Market limitations, and its future prospects. The prevalent global Malic Acid trends and opportunities are also taken into consideration in Malic Acid industry