2025 Biotechnology Services Market Outlook: Key Indicators Shaping Growth Through 2034

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Biotechnology Services Market Size Growth Forecast: What to Expect by 2025?
The steady growth of the biotechnology services market size has been observed in recent years. From standing at a value of $133.74 billion in 2024, the market is projected to climb to $140.24 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 4.9%. Factors contributing to growth during the historic period include robust economic expansion in emerging markets, heightened collaborations with other research organizations and corporations, and surging demand for food.

How Will the Biotechnology Services Market Size Evolve and Grow by 2029?
It is anticipated that there will be a significant increase in the biotechnology services market size in the upcoming years, with projections indicating a growth to $171.87 billion by 2029 and a Compound Annual Growth Rate (CAGR) of 5.2%. Several factors are expected to contribute to this growth in the expected period, including technology advancements, increase in non-communicable diseases, prioritization of innovation, an upsurge in demand for agriculture-related biotechnology services, an expansion in synthetic biology demands, progress, and enhancements in drug research, growth in personalized treatments and collaboration and alliances. The forecast period is likely to see prominent trends such as strategic partnerships, consolidating data management systems via cloud technology, the evolution of next-generation sequencing technology, adoption of digital methods for conducting clinical trials, adopting automated solutions, implementing artificial intelligence technologies and investments in synthetic biology for product and solution development.

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What Drivers Are Propelling the Growth of Biotechnology Services Market Forward?
Biotechnology research is being propelled by the escalating prevalence of diseases such as hepatitis B, diabetes, and cancer. The examination of bacteria and virus genetic material using tools from biology and chemistry is part of this research, as it helps in identifying disease-causing agents. Oncology research is especially important in the biopharma sector. Developments are being made in the areas of stem cell treatments using monoclonal antibodies and genome sequencing for medical purposes. For instance, in June 2024, the National Health Service, a UK government department, revealed that they identified over an extra half a million people (549,000) in England at risk of getting type 2 diabetes in 2023. Now, the count of people with pre-diabetes, or non-diabetic hyperglycaemia, under a GP has reached 3,615,330. This indicates a significant surge compared to the 2022 count of 3,065,825, exhibiting almost a 20% increase. In another example, in February 2024, the World Health Organization, a Swiss intergovernmental organization, predicted over 35 million new cases of cancer by 2050, a 77% rise from the estimated 20 million cases in 2022. The growing spread of diseases and significant R&D expenses are projected to fuel the expansion of the biotechnology services market.

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Which Emerging Trends Are Transforming the Biotechnology Services Market in 2025?
The trend of collaborations and partnerships amongst industry participants is increasingly evident in the biotech services sector. As an example, ICL partners, a manufacturer based in Israel, formed a partnership with Ideelab Biotechnology, a Brazilian biotech firm, in April 2024. This strategic alliance aims to expedite the innovation of biological technologies for the agriculture sector, with a special emphasis on sustainable and regenerative solutions. They plan to combine Ideelab's specialized knowledge in advanced biologicals with ICL's industry leadership in plant nutrition and physiology. Through this partnership, they hope to develop cutting-edge products to tackle worldwide agricultural issues and boost food production.

What Are the Key Segments in the Biotechnology Services Market?
The biotechnology services market covered in this report is segmented -

1) 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
2) By Industry: Clinical Research Organizations (CROS), Contract Manufacturers Organizations (CMOS), And Contract Research And Manufacturing Services (CRAMS)
3) By Area Of Application: Pharmaceutical, Biotechnology, Academic, Clinical Trial, Healthcare Sectors, Others

Subsegments:
1) By Prevention And Disease Control: Vaccination Services, Disease Surveillance
2) By Public Engagement Activities: Awareness Campaigns, Community Outreach Programs
3) By Health Education And Research: Medical Training Programs, Research Grants And Fellowships
4) By Food Biotechnology Services: Genetically Modified Crop Services, Food Safety Testing
5) By Donor Recruitment: Blood Donor Recruitment, Organ Donor Recruitment
6) By Tissue Collection: Blood Tissue Collection, Biopsy Tissue Collection
7) By Cell Processing And Isolation: Stem Cell Processing, Immune Cell Isolation
8) By Research And Development: Drug Discovery Services, Clinical Research

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Who Are the Key Players Shaping the Biotechnology Services Market's Competitive Landscape?
Major companies operating in the biotechnology services market include Parexel International Corporation, Thermo Fisher Scientific, Laboratory Corporation of America Holdings, IQVIA, ICON plc, Charles River Laboratories, Syneos Health, Sartorius AG, Precision for Medicine Inc., Novartis, Eppendorf Asia Pacific Sdn. Bhd., Emmessar Biotech & Nutrition Ltd, Vcanbio Cell & Gene Engineering Corp., Ltd, Ke Rui Gene, Absea Biotechnology Ltd, CStone Pharm-B, Daiichi Sankyo, bitBiome, Taisho Pharmaceutical, AGC Biologics, Hamamatsu Pharma Research, Artios Pharma, AstraZeneca, Bio Products Laboratory (BPL), Cambridge Bioscience, Shire Pharmaceuticals Ltd, BTG Ltd, eXmoor Pharma, 4D Pharma PLC, Touchlight Genetics, Ophidia Medical Technologies, ATAI Life Sciences, Phaseform, Evotec, Sanity Group, Primmbiotech Vaccitech, Biolat, Asla-Biotech, Genera, Anima Lab, Silvanols, OU TBD-Biodiscovery, Qvalitas Arstikeskus AS, Concise Systems OU, GPE Globalpharma OU, Belarusian National Biotechnology Corporation, Innothera, Olainfarm, Pharmaidea, Amgen Inc., Gilead Sciences, Celgene Corporation, Biogen Inc., Vertex Pharmaceuticals, Illumina, Inc., Regeneron Pharmaceuticals Inc., Alexion Pharmaceuticals, Hemostemix Inc., Resverlogix Corporation, Zenith Epigenetics Corp., Bayer, AMEGA Biotech, Pierre Fabre, Pfizer, Quantificare, Apsen Farmaceutica, BioMarin Pharmaceutical, DK Diagnostics, Biosonda Biotechnology, Laboratorios Legrand, Biomerics, Julphar Pharmaceuticals, Medpharma, Pharmax, Neopharma, City Breeze Technical Services, CinnaGen, BioSun Pharmed, AryoGen Pharmed, 4Clinics, 54gene, Amoun, Aspen Pharmacare, BBI Solutions, BioTech Africa, ClinArt MENA, Crux Pharmaceuticals, Genesis Pharmaceuticals, Massive Genomics, Mayne Pharma, Sanofi Genzyme, Teleflex Medical, The Micron Group

What Geographic Markets Are Powering Growth in the Biotechnology Services Market?
Asia-Pacific was the largest region in the biotechnology services market in 2024. North America was the second largest region in the global biotechnology services market analysis. The regions covered in the biotechnology services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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