The global biotechnology market is projected to grow at a CAGR of 9%-11% during 2020-2025. The growth of biotechnology market is driven by increasing prevalence of chronic diseases, such as diabetes and cancer, and increasing demand for biotech innovations in technical research.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the biotechnology market by
application (biopharmacy, bioservices, bioagriculture, bioindustries, and
bioinformatics), technology (fermentation, tissue engineering and regeneration,
polymerase chain reaction (PCR) technology, nanobiotechnology, chromatography,
DNA sequencing, cell based assay, and others), and region (North America,
Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the biotechnology market?
Q.4 What are some
changing demands of customers in the biotechnology market?
Q.5 What are the new
developments in the biotechnology market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this biotechnology area and how big of a
threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this biotechnology market?
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Market Segmentation:
Based on technology, the
biotechnology market is segmented into fermentation, tissue engineering and
regeneration, polymerase chain reaction (PCR) technology, nanobiotechnology,
chromatography, DNA sequencing, cell based assay, and others. The nanobiotechnology
segment is accounted for the largest share of the market in 2020 due to increasing
research and development activities related to microfabricated systems and
devices used in the treatment of several acute ailments.
North America is expected
to be the largest region over the forecast period due to high research and
development investments for development of new drugs and increasing healthcare
expenditure in the region.
Key Players in the biotechnology
market are Agilent Technologies, BioGen Medical Instruments, Danaher, Roche,
Abbott Laboratories, Illumina, PerkinElmer, Qiagen, Thermo Fisher Scientific,
and Amgen.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/biotechnology-reportcolonopt-trends,-forecast-and-competitive-analysis.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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