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Biotechnology Services Market Growth, Trends, Analysis And Dynamic Demand, Forecast 2022 To 2030
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The global biotechnology services market size reached a value of nearly $92,560.8 million in 2021, having grown at a compound annual growth rate (CAGR) of 7.9% since 2016, and is expected to grow at a CAGR of 10.0% to nearly $149,164.7 million by 2026. Also, the global biotechnology services market size is expected to grow to $240,999.4 million in 2031 at a CAGR of 10.1%.
The biotechnology services market is expected to grow rapidly due to increasing lifestyle and chronic diseases. This is mainly due to unhealthy lifestyles, a growing aging population, rising inactivity and obesity. According to the World Health Organization, chronic disease prevalence is expected to rise by 57% globally, by the year 2020. China and India together had about 193.4 million diabetic patients in 2019 and India is expected to have about 101 million diabetic patients by 2030.
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The biotechnology services market is segmented -
• By Service: Prevention And Disease Control, Public Engagement Activities, Health Education And Research, Food Biotechnology Services, Donor Recruitment, Tissue Collection, Cell Processing And Isolation, Research And Development
• By Industry: Clinical Research Organizations (CROS), Contract Manufacturers Organizations (CMOS), And Contract Research And Manufacturing Services (CRAMS)
• By Area Of Application: Pharmaceutical, Biotechnology, Academic, Clinical Trial, Healthcare Sectors
Major competitors in the biotechnology services market include Parexel International Corporation, Thermo Fisher Scientific, Laboratory Corporation of America Holdings, IQVIA, ICON plc
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The biotechnology services market consists of the sales of biotechnology services and related goods by entities (organizations, sole traders, and partnerships) that engage in conducting research and experimental development in biotechnology.
The Table Of Content For The Biotechnology Services Market Include:
1. Biotechnology Services Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
21. Key Mergers And Acquisitions In Biotechnology Services Market
22. Biotechnology Services Market Opportunities And Strategies
23. Biotechnology Services Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Biotechnology services Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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