Press release
Recombinant DNA Technology Market Set to Revolutionize Healthcare and Agriculture with Explosive Growth Through 2030 | Top key players - Biogen, Amgen Inc, Novartis AG.
The Recombinant DNA Technology Market was valued at USD 156.75 billion in 2021, growing at a CAGR of 4.80% during the forecast period (2024-2031).The Recombinant DNA Technology Market, as analyzed by DataM Intelligence, offers a comprehensive industry overview backed by in-depth insights, historical trends, and key statistics. The report dives deep into market dynamics and competitive strategies, profiling major players along with their product portfolios, pricing models, financial performance, growth initiatives, and regional presence.
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The Recombinant DNA Technology Market involves the development and commercialization of techniques that combine DNA molecules from different sources to create new genetic combinations. This technology is widely used in pharmaceuticals, agriculture, and biotechnology for producing genetically modified organisms, vaccines, and gene therapies, driving innovations in disease treatment, crop improvement, and industrial applications worldwide.
Major players in the Recombinant DNA Technology Market
The prominent players in Recombinant DNA Technology market research report are: F. Hoffmann-La Roche Ltd, Biogen, Amgen Inc, Novartis AG, Eli Lilly and Company, Pfizer Inc., Novo Nordisk A/S, Sanofi, Merck KGaA, GlaxoSmithKline plc., and Thermo Fisher Scientific, Inc.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Key Development
On May 21, 2021, Biogen announced a collaboration with Ginkgo Bioworks through a license agreement to develop a novel gene therapy manufacturing platform aimed at advancing gene therapy production capabilities.
On January 2, 2020, Amgen revealed a strategic collaboration with BeiGene to expand its oncology portfolio and presence in the Chinese market, strengthening their foothold in this rapidly growing region.
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Market Segments
By Product Type: Medical (Therapeutic Agent, Human Protein, Vaccine), Non-medical (Biotech Crops, Specialty Chemicals, Other.
By Component: Expression System (Mammalian, Bacteria, Yeast, Baculovirus / Insect, Others), Cloning Vector.
By Application: Food and Agriculture, Health, and Disease, Environment, Others.
By End-User: Biotechnology and Pharmaceutical Companies, Academic and Government Research Institutes, Others.
The Recombinant DNA Technology industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Recombinant DNA Technology Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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