-- Data Bridge Market Research Published Latest Biotechnology Market Study by in-depth analysis of the current scenario, the Market size, demand, growth pattern, trends, and forecast. This market research report classifies the market by companies, geographical region, type, component, application and end-use industry.
Under the competitive analysis section, major key players existing in the market are mentioned along with various details such as company profiles, their market share analysis, and the different strategies which make them thrive in the market. This Biotechnology market research report also identifies and analyses the emerging trends along with major driving factors, challenges and opportunities in the market.
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Data Bridge Market Research analyses that the biotechnology market which was USD 1023.92 billion in 2022, is expected to reach USD 10129.16 billion by 2030, at a CAGR of 29% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Some of the major players operating in the biotechnology market are:
- Abbott (U.S.)
- Agilent Technologies Inc. (U.S.)
- Danaher (U.S.)
- BD (U.S.)
- Bio-Rad Laboratories Inc. (U.S.)
- General Electric (U.S.)
- bioMérieux SA (Frnace)
- LONZA (Switzerland)
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Hoefer, Inc. (U.S.)
- PerkinElmer Inc. (U.S.)
- Merck KGaA (Germany)
- Promega Corporation (U.S.)
- Quality Biological (U.S.)
- Siemens (Germany)
- Bio-Techne (U.S.)
- TAKARA HOLDINGS INC. (Japan)
- Sysmex Corporation (Japan)
- Tosoh Corporation (Japan)
- Ortho Clinical Diagnostics (U.S.)
- Olympus Corporation (Japan)
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Biotechnology is a technology that uses biological systems, living organisms, or parts of them to develop or create various products. Biotechnology has become simple due to technological advancements, as a growing number of key market players develop and launch new products to expand their market share. Furthermore, the emergence of COVID-19, which has increased demand for vaccine development, has fuelled the growth of the biotechnology market. As new technologies and software are developed in the healthcare sectors, tracking systems have evolved or become advanced in response to market demand.
Global Biotechnology Market Scope
The biotechnology market is segmented on the basis of product type, technology, application, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Instruments
- Reagents and Services
- Software
Technology
- Nano Biotechnology
- PCR Technology
- DNA Sequencing
- Chromatography
- Tissue Engineering and Regeneration
- Cell Based Assays
- Fermentation
- Others
Application
- Bio-pharmacy
- Bio-industrial
- Bio-services
- Bioinformatics
- Bio-agriculture
End User
- Pharmaceutical and Biotechnology Companies
- Contract Research Organizations
- Academic and Research Institutes
- Others
Distribution Channel
- Direct Tender
- Third Party Distributors
- Others
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