Biotechnology Market is set to experience a significant growth rate | AstraZeneca Plc, Gilead Sciences, Inc.

Global Biotechnology Market Size study & Forecast, by Technology, by Application, and Regional Analysis, 2023-2030, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Biotechnology market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Biotechnology market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get the whole report, which includes a chart and more than 100 tables and figures. – Comprehensive Analysis of COVID-19 Market Outbreak Impact and Regional Situation

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Global Biotechnology Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Biotechnology is the use of biological processes, organisms, cells, and molecules to develop new technologies, products, and services for a variety of fields including medicine, agriculture, environmental science, and industry. It involves applying scientific principles and techniques to manipulate and modify living organisms at the genetic level for practical purposes. Biotechnology encompasses a wide range of techniques and applications such as genetic engineering, fermentation, cell culture, bioinformatics, and bioprocessing. These techniques have enabled the development of new products such as biopharmaceuticals, biofuels, and genetically modified crops, and have also contributed to advances in healthcare, environmental conservation, and industrial production. The Biotechnology market is expanding because of factors such as rising demand for agro-based products, growing healthcare expenditure boosting the development of effective personalized diagnostic & therapeutic procedures for cancer and growing demand for synthetic biology.

The market is fueled by the robust clinical trial pipeline and financing prospects for tissue engineering and regeneration technologies. According to the Alliance for Regenerative Medicine, companies developing cell and gene therapies raised over USD 23.1 billion in funding globally in 2021, up about 16% from the USD 19.9 billion total year 2020. Furthermore, the market is experiencing growth due to the rising need for clinical solutions for the treatment of chronic diseases such as cancer, age-related macular degeneration, diabetes, and practically all types of arthritis. The treatment of diabetes, neurological disorders including Parkinson’s and Alzheimer’s, different types of cancer, and cardiovascular ailments are all being researched and developed by major companies. For instance, according to clinicaltrials.gov, 28 medicines were in phase III trials for the treatment of Alzheimer’s disease as of January 2021, out of 126 compounds now being tested in clinical trials. In addition, increase adoption of bioinformatics applications and rising development of favorable government reimbursement and approval policies are creating lucrative opportunities to the market. However, the high cost of drug research and development activities stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Biotechnology Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the dominance of key market players, the rising number of drug discovery activities, and rising healthcare expenditure. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as the rising prevalence of various diseases, an increase in the number of collaborations for product development, geographic expansion of key players, and active participation of government in the market space.

Major market players included in this report are:

  • AstraZeneca Plc
  • Gilead Sciences, Inc.
  • Bristol-Myers Squibb Company
  • Sanofi S.A
  • Biogen Inc
  • Abbott Laboratories
  • Pfizer, Inc.
  • Amgen, Inc.
  • Novo Nordisk A/S
  • Merck KGaA

Recent Developments in the Market:

In January 2023, Anima Biotech teamed with AbbVie to accelerate the development of novel mRNA biology modulators for the treatment of several cancer and immunology targets.

In January 2020, QIAGEN N.V. and Amgen collaborated to identify patients with malignancies that had the KRAS G12C mutation to create tissue-based companion diagnostics for Amgen’s experimental cancer drug AMG 510.

Global Biotechnology Market Report Scope:

Historical Data: 2020 – 2021

Base Year for Estimation: 2022

Forecast period: 2023-2030

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Technology, Application, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Technology offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:

  • Nanobiotechnology
  • Tissue Engineering and Regeneration
  • DNA Sequencing
  • Cell-based Assays
  • Chromatography
  • Others

By Application:

  • Health
  • Food & Agriculture
  • Natural Resources & Environment
  • Industrial Processing
  • Bioinformatics
  • Others

By Region:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • ROE
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • RoAPAC
  • Latin America
  • Brazil
  • Mexico
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

  • Executive Summary: A concise overview of the report, highlighting the main points, key findings, and recommendations.
  • Introduction: Sets the context for the report by explaining the purpose, scope, and objectives. It may also include background information on the topic.
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  • Analysis and Interpretation: Provides an in-depth examination and interpretation of the findings. It may involve comparing data, identifying trends, and drawing conclusions based on the evidence presented.
  • Discussion: Explores the implications and significance of the findings within the broader context. This section may address challenges, opportunities, and potential solutions related to the subject matter.
  • Recommendations: Offers actionable suggestions based on the analysis and findings of the report. Recommendations should be specific, feasible, and linked to the report’s objectives.
  • References/Citations: Includes a list of sources, references, or citations used in the report. This ensures proper attribution and allows readers to explore the referenced material.
  • Appendices: Supplementary materials such as additional data, charts, or supporting documents that are relevant to the report but not included in the main body.
  • Conclusion: Summarizes the key points discussed in the report and reinforces the main findings.

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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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  • What are the key drivers influencing market growth?
  • What are the major challenges or constraints faced by market participants?
  • What are the emerging trends and opportunities in the market?
  • Who are the major competitors in the market and what is their market share?
  • What are the key customer segments and their preferences within the market?
  • What are the regional or geographic trends and variations within the market?
  • What are the regulatory and legal factors impacting the market?
  • What are the technological advancements or innovations shaping the market?
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  • What are the distribution channels and their effectiveness in reaching the target market?

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Key Points Covered in Biotechnology Market Report:

Table of Contents

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)

1.2.1. Biotechnology Market, by Region, 2020-2030 (USD Billion)

1.2.2. Biotechnology Market, by Technology, 2020-2030 (USD Billion)

1.2.3. Biotechnology Market, by Application, 2020-2030 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Biotechnology Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Industry Evolution

2.2.2. Scope of the Study

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Biotechnology Market Dynamics

3.1. Biotechnology Market Impact Analysis (2020-2030)

3.1.1. Market Drivers

3.1.1.1. Rising Demand For Agro-Based Products

3.1.1.2. Growing Healthcare Expenditure Boosting Development Of Effective Personalized Diagnostic & Therapeutic Procedures For Cancer

3.1.1.3. Growing Demand For Synthetic Biology

3.1.2. Market Challenges

3.1.2.1. High Cost of drug research and development activities

3.1.3. Market Opportunities

3.1.3.1. Increase penetration of bioinformatics applications

3.1.3.2. Favourable government reimbursement and approval policies

Chapter 4. Global Biotechnology Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.2. Porter’s 5 Force Impact Analysis

4.3. PEST Analysis

4.3.1. Political

4.3.2. Economical

4.3.3. Social

4.3.4. Technological

4.3.5. Environmental

4.3.6. Legal

4.4. Top investment opportunity

4.5. Top winning strategies

4.6. COVID-19 Impact Analysis

4.7. Disruptive Trends

4.8. Industry Expert Perspective

4.9. Analyst Recommendation & Conclusion

……..and view more in complete table of Contents

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