Press release
Recombinant DNA Technology Global Market Size, Share, By Product Type, By Component, By Application, By End User, Regional Outlook And Forecast 2023-2032 | Profacgen, Amgen Inc., Novartis AG, GlaxoSmithKline PLC., New England Biolabs
Recombinant DNA Technology Market
The Business Research Company's Recombinant DNA Technology Global Market Report 2023 identifies The increasing number of chronic diseases is expected to propel the growth of the recombinant DNA technology market. Chronic diseases, which are defined as ailments that last for a year or longer, necessitate continuing medical care, restrict everyday activities, or both.
The global recombinant DNA technology market size is expected to grow from $754.97 billion in 2022 to $811.89 billion in 2023 at a compound annual growth rate (CAGR) of 7.54%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The recombinant DNA technology market size is expected to reach $1,069.51 billion in 2027 at a CAGR of 7.13%.
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Major competitors in the Recombinant DNA Technology market Profacgen, Amgen Inc., Novartis AG, GenScript, Pfizer Inc., Novo Nordisk A/S, Eli Lilly and Company, Sanofi, Merck & Co. Inc., Biogen, GlaxoSmithKline PLC., New England Biolabs, Monsanto Company, Thermo Fisher Scientific, Inc., and F. Hoffmann-La Roche Ltd.
Technological advancement is a key trend in the recombinant DNA technology market. Major companies operating in the recombinant DNA technology market are focused on innovative technologies to sustain their position in the market.
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The Recombinant DNA Technology Market Is Segmented -
• By Product Type: Recombinant Protein Drugs, Vaccines, Genetically Modified Crops, Expression Systems, Cell and Gene Therapy, Gene Editing
• By Component Type: Expression System, Cloning Vector
• By Application Type: Food And Agriculture, Health And Disease, Environment, Other Application Types
• By End-Use Type: Biotechnology And Pharmaceutical Companies, Academic And Government Research Institutes, Other End-Use Types
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Recombinant DNA Technology market.
The Business Research Company's "Global Recombinant DNA Technology Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Recombinant DNA Technology Market Include:
1. Executive Summary
2. Recombinant DNA Technology Market Characteristics
3. Recombinant DNA Technology Market Trends And Strategies
4. Recombinant DNA Technology Market - Macro Economic Scenario
5. Recombinant DNA Technology Market Size And Growth
.....
26. Africa Recombinant DNA Technology Market
27. Recombinant DNA Technology Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Recombinant DNA Technology Market
29. Recombinant DNA Technology Market Future Outlook and Potential Analysis
30. Appendix
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