openPR Logo
Press release

Biotechnology Market Competitive Landscape with Amgen Inc, Amgen Inc, Celgene, Merck & Co, Johnson & Johnson, Novo Nordisk

01-12-2019 12:49 PM CET | Health & Medicine

Press release from: Global Market Insights

Biotechnology Market

Biotechnology Market

Biotechnology Market to exceed USD 775 billion by 2024 as per a new research report.
Favorable government initiative and growing demand for synthetic biology will drive the biotechnology industry growth over the forecast timeframe. Also rising demand for agro-based products should fuel global biotechnology market growth.

Decreasing cost of DNA sequencing from last couple of decades owing to the advances in the field of genomics will stimulate the global biotechnology market. Furthermore, increasing scarcity of natural resources across the globe should propel the industry growth.

However, the risk of food allergy and increased toxicity associated with the genetically modified organism and crops will limit the market growth over the forecast timeframe.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/784

Bio-agriculture segment will show the significant growth due to the inadequacy of the natural resources to meet the requirement of increasing global population. Increased crop yield as well as profitability are some of the advantages of genetically modified plants owing to which the segment is predicated to show significant growth in near future.

Bio-industrial segment will show growth as improved micro-organisms and enzymes are showing wide range of applications in chemical industry. Increasing demand for biofuels due to high price of natural oil and environmental concerns associated with the traditional fuels will further boost the biotechnology market.

The tissue engineering focus on developing the cure for different chronic diseases. Increasing prevalence of chronic diseases is expected to drive the demand for tissue engineering and regeneration segment. Increasing cost of organ transplant and organ shortage will further boost the market growth as biotechnology provides better alternatives through tissue engineering technology.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/784

PCR technology plays a key role in the DNA and genomics related research aimed at developing the better treatment for chronic diseases such as heart diseases and cancer. Increasing application of PCR in the field of diagnostics and several other fields such as archeology will boost the growth of the segment.
Indian biotechnology market will witness robust growth over the forecast period due to the increased investment and infrastructure developments in the biotechnology sector. For instance, in 2017 Telangana state government’s event BioAsia 2017 gathered investment of around USD 507.3 million.

The Japanese biotechnology market is highly developed evident by the high number of patents in the biotechnology market. Presence of government authorities such as Ministry of Economy, Trade and Industry, Ministry of Agriculture, Forestry and Fisheries are expected to contribute positively to the development of biotechnology sector in Japan. Increased R&D spending and favorable government regulation will further boost the biotechnology industry in Japan.

Germany witnessed increased R&D spending and investment in both private and public biotechnology companies. Increased demand for early disease detection and personalized medicines will further fuel the growth of German biotechnology market.

Key industry players are Abbott Laboratories, Amgen Inc, Amgen Inc, Celgene, Merck & Co, Johnson & Johnson, Novo Nordisk, Lonza Group, Novartis, Pfizer, Roche, Gilead Sciences, Sanofi Aventis, and Biogen Idec Inc. Industry participants are consolidating their market position by increasing their focus on research activities.

Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.

Global Market Insights, Inc.
4 North Main Street
Selbyville, Delaware 19975 USA
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email:sales@gminsights.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 Competitive Landscape with Amgen Inc, Amgen Inc, Celgene, Merck & Co, Johnson & Johnson, Novo Nordisk here

News-ID: 1492586 • Views: 1504

More Releases from Global Market Insights

Comprehensive analysis on HVAC Centrifugal Compressors Market | SKF, Mitsubishi …
New report of Global HVAC Centrifugal Compressors Market Report communicates about the manufacturing process. The process is analyzed thoroughly with respect three points, viz. raw material and equipment suppliers, various manufacturing associated costs and the actual process. The HVAC Centrifugal Compressors industry research report is a resource, which provides technical and financial details of the Global HVAC Centrifugal Compressors Market (Volume and Value). HVAC Centrifugal Compressors Market share will augment
How Steel Rebar Market Growing Rapidly…? ArcelorMittal, Acerinox, Essar Steel, …
New report of Global Steel Rebar Market Report communicates about the manufacturing process. The process is analyzed thoroughly with respect three points, viz. raw material and equipment suppliers, various manufacturing associated costs and the actual process. The Steel Rebar industry research report is a resource, which provides technical and financial details of the Global Steel Rebar Market (Volume and Value). Rapid construction of highways, bridges & buildings, and public utilities
What’s driving the Luxury Plumbing Fixtures Market growth? Leading Players: Ce …
New report of Global Luxury Plumbing Fixtures Market Report communicates about the manufacturing process. The process is analyzed thoroughly with respect three points, viz. raw material and equipment suppliers, various manufacturing associated costs and the actual process. The Luxury Plumbing Fixtures industry research report is a resource, which provides technical and financial details of the Global Luxury Plumbing Fixtures Market (Volume and Value). Increasing consumer spending to gain enhanced features
What’s driving the Borehole Equipment Market Trends? Boart Longyear, Major Dri …
New report of Global Borehole Equipment Market Report communicates about the manufacturing process. The process is analyzed thoroughly with respect three points, viz. raw material and equipment suppliers, various manufacturing associated costs and the actual process. The Borehole Equipment industry research report is a resource, which provides technical and financial details of the Global Borehole Equipment Market (Volume and Value). Increasing adoption of modern technologies and solutions as well as

All 5 Releases


More Releases for Biotechnology

Biotechnology Market - Competitive Analysis & Forecast 2010 - 2017
The biotechnology market is primarily driven by the regulatory support provided by governments of various countries, increasing food demand, advancement of technology to combat fatal diseases and depleting natural resources. However, certain factors like long lead time from research to commercialization, and the perception of consumers towards biotech products is restricting the growth of the biotechnology industry. Stem cell technology, cloning and nanotechnology are some of the rapidly emerging technologies
Global Marine Biotechnology Market Research Report 2017
Global Marine Biotechnology market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Marinova NEB BiotechMarine GlycoMar Marine Biotech Nofima Sams Aquapharm On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Marine Animal Technology Marine Plant Technology On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales),
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
17th Euro Biotechnology Congress
Conference Series LLC extends its warm welcome to 17th Euro Biotechnology Congress during September 25-27, 2017 at Berlin, Germany with a theme “Novel Trends and Innovations in Biotechnology for Making Life Better”. Conference Series LLC through its Open Access Initiative is committed to make genuine and reliable contributions to the scientific community. Scope and Importance Euro Biotechnology Conference aims to bring together the Professors, Researchers, scientists, business giants, and technocrats to provide
Red Biotechnology Market Global Industry Medicine Biotechnology in 2019
Red biotechnology is the application of biotechnology in biopharmaceuticals and pharmaceuticals production. It provides patients with innovative and modern modes of diagnostics and treatments. This biotechnological application involves research and study on cells and tissues, genetic testing, stem cells, gene therapy, orphan drugs, proteomics and pharmacogenetics. The red biotechnology mainly focuses on neurosciences and protein research. The global market for red biotechnology is categorized by applications and product types as follows: Applications Drug