Global Biotechnology Market, By Technology (Nanobiotechnology, Tissue Engineering and Regeneration, DNA Sequencing, Cell-based Assays, Fermentation, PCR Technology, Chromatography, Others), By Application (Health, Food & Agriculture, Natural Resources & Environment, Industrial Processing, Bioinformatics, Others), and opportunities and forecast 2020-2027
Biotechnology Market Overview
Biotechnology is a science-driven industry sector that uses living organisms and molecular biology to produce healthcare-related products. Biotechnology is best known for its role in medicine and pharmaceuticals, but the science is also applied in other areas such as genomics, food production, and the production of biofuels.
The increasing demand for modern and innovative technologies such as DNA sequencing, recombinant technology, fermentation, tissue engineering is primarily boosting the growth of the global Biotechnology market. In addition, the growing demand for food to meet the need of the ever-increasing population and scarce availability of non-renewable natural resources further escalate the growth of the Biotechnology market. The application of Genetic engineering and Genetic Modification (GM) processes to agricultural food products is also projected to drive the growth of the market. Moreover, the development of novel techniques and their implementation by the organization will propel the growth of the Biotechnology Market.
Furthermore, the growing demand for therapeutic and diagnostic solutions on principles of red biotechnology, DNA sequencing, and recombinant technology is projected to boost the growth of the global Biotechnology market in the next few years. In addition to this, the rising incidence of diseases such as hepatitis B, cancer, and other orphan disorders is also anticipated to fuel demand in the coming years. Additionally, reducing the prices of DNA sequencing technologies will encourage R&D activities to better understand genetic variations and develop therapeutic solutions.
Covid-19 Impact on Biotechnology Market
In addition, the current Biotechnology Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Biotechnology Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Biotechnology Market Segment Overview
Based on Technology, the DNA Sequencing segment held the largest share of the global Biotechnology market in 2020. The strong growth of this segment can be attributed to the rising adoption of advanced DNA sequencing. For instance, in April 2020, the Baylor College of Medicine Human Genome Sequencing Center (BCM-HGSC) received a grant from the National Institutes of Health for Pacific Biosciences Sequel II DNA sequencing instrument. It will help in improving sequencing efficiency and capacity. Moreover, the Health application segment held the maximum share of the market in 2020 and it is projected to continue this lead over the forecast period. The growth of this segment can be mainly attributed to the growing incidence of diseases. Additionally, rising focus on agri-biotech and providing bio-services, increasing adoption of bioinformatics solutions, and flourishing bio-industrial sector are majorly contributing to the growth of this segment.
Region-wise, North America accounts for a major share in the Biotechnology market. The growth of the regional market can be attributed to the presence of key players, widespread R&D activities, and high healthcare expenditure. Also, expanding pool of companies operating in the region is receiving drug approvals, which further contribute to the market growth progressively. On the other hand, Asia Pacific is likely to exhibit a strong CAGR throughout the forecast period. Important factors such as developing healthcare infrastructure, favorable government policies, clinical trial services, and epidemiological factors are significantly propelling the growth of the market in this region.
Biotechnology Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Biotechnology Market, Key Players
· AstraZeneca · Gilead Sciences, Inc. · CELGENE CORPORATION · Biogen · Abbott · Amgen Inc. · Novo Nordisk A/S · Merck & Co. · Johnson & Johnson Services, Inc. · Novartis AG · Sanofi · F. Hoffmann-La Roche Ltd. · Pfizer, Inc. · Lonza
Biotechnology Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Biotechnology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Technology
5.2.1. Nanobiotechnology
5.2.2. Tissue Engineering and Regeneration
5.2.3. DNA Sequencing
5.2.4. Cell-based Assays
5.2.5. Fermentation
5.2.6. PCR Technology
5.2.7. Chromatography
5.2.8. Others
5.3. Market Analysis, Insights and Forecast – By Application
5.3.1. Health
5.3.2. Food & Agriculture
5.3.3. Natural Resources & Environment
5.3.4. Industrial Processing
5.3.5. Bioinformatics
5.3.6. Others
5.4. Market Analysis, Insights and Forecast – By Region
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Latin America, Middle East and Africa
6. North America Biotechnology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Technology
6.2.1. Nanobiotechnology
6.2.2. Tissue Engineering and Regeneration
6.2.3. DNA Sequencing
6.2.4. Cell-based Assays
6.2.5. Fermentation
6.2.6. PCR Technology
6.2.7. Chromatography
6.2.8. Others
6.3. Market Analysis, Insights and Forecast – By Application
6.3.1. Health
6.3.2. Food & Agriculture
6.3.3. Natural Resources & Environment
6.3.4. Industrial Processing
6.3.5. Bioinformatics
6.3.6. Others
6.4. Market Analysis, Insights and Forecast – By Country
6.4.1. U.S.
6.4.2. Canada
7. Europe Biotechnology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Technology
7.2.1. Nanobiotechnology
7.2.2. Tissue Engineering and Regeneration
7.2.3. DNA Sequencing
7.2.4. Cell-based Assays
7.2.5. Fermentation
7.2.6. PCR Technology
7.2.7. Chromatography
7.2.8. Others
7.3. Market Analysis, Insights and Forecast – By Application
7.3.1. Health
7.3.2. Food & Agriculture
7.3.3. Natural Resources & Environment
7.3.4. Industrial Processing
7.3.5. Bioinformatics
7.3.6. Others
7.4. Market Analysis, Insights and Forecast – By Country
7.4.1. UK
7.4.2. Germany
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Russia
7.4.7. Rest of Europe
8. Asia Pacific Biotechnology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Technology
8.2.1. Nanobiotechnology
8.2.2. Tissue Engineering and Regeneration
8.2.3. DNA Sequencing
8.2.4. Cell-based Assays
8.2.5. Fermentation
8.2.6. PCR Technology
8.2.7. Chromatography
8.2.8. Others
8.3. Market Analysis, Insights and Forecast – By Application
8.3.1. Health
8.3.2. Food & Agriculture
8.3.3. Natural Resources & Environment
8.3.4. Industrial Processing
8.3.5. Bioinformatics
8.3.6. Others
8.4. Market Analysis, Insights and Forecast – By Country
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Australia
8.4.5. South East Asia
8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Biotechnology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Technology
9.2.1. Nanobiotechnology
9.2.2. Tissue Engineering and Regeneration
9.2.3. DNA Sequencing
9.2.4. Cell-based Assays
9.2.5. Fermentation
9.2.6. PCR Technology
9.2.7. Chromatography
9.2.8. Others
9.3. Market Analysis, Insights and Forecast – By Application
9.3.1. Health
9.3.2. Food & Agriculture
9.3.3. Natural Resources & Environment
9.3.4. Industrial Processing
9.3.5. Bioinformatics
9.3.6. Others
9.4. Market Analysis, Insights and Forecast – By Country
9.4.1. Brazil
9.4.2. Saudi Arabia
9.4.3. UAE
9.4.4. Rest of LAMEA
10. Competitive Analysis
10.1. Company Market Share Analysis, 2018
10.2. Key Industry Developments
10.3. Company Profile
10.4. AstraZeneca
10.4.1. Business Overview
10.4.2. Segment 1 & Service Offering
10.4.3. Overall Revenue
10.4.4. Geographic Presence
10.4.5. Recent Development
*Similar details will be provided for the following companies
10.5. Gilead Sciences, Inc.
10.6. CELGENE CORPORATION
10.7. Biogen
10.8. Abbott
10.9. Amgen Inc.
10.10. Novo Nordisk A/S
10.11. Merck & Co.
10.12. Johnson & Johnson Services, Inc.
10.13. Novartis AG
10.14. Sanofi
10.15. F. Hoffmann-La Roche Ltd.
10.16. Pfizer, Inc.
List of Figures
Figure 1: Global Biotechnology Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Biotechnology Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Biotechnology Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Biotechnology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Biotechnology Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Biotechnology Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Biotechnology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Biotechnology Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Biotechnology Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Biotechnology Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Biotechnology Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Biotechnology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Biotechnology Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Biotechnology Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Biotechnology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Biotechnology Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Biotechnology Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Biotechnology Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Biotechnology Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Biotechnology Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Biotechnology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Biotechnology Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Biotechnology Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Biotechnology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Biotechnology Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Biotechnology Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Biotechnology Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Biotechnology Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Biotechnology Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Biotechnology Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Biotechnology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Biotechnology Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Biotechnology Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Biotechnology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Biotechnology Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Biotechnology Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Biotechnology Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Biotechnology Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Biotechnology Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Biotechnology Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Biotechnology Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Biotechnology Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Biotechnology Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Biotechnology Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Biotechnology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Biotechnology Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Biotechnology Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Biotechnology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Biotechnology Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Biotechnology Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Biotechnology Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Biotechnology Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Biotechnology Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Biotechnology Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Biotechnology Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Biotechnology Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Biotechnology Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Biotechnology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Biotechnology Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Biotechnology Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Biotechnology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Biotechnology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Biotechnology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Biotechnology Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Biotechnology Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Biotechnology Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Biotechnology Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Biotechnology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Biotechnology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Biotechnology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Biotechnology Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Biotechnology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Biotechnology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Biotechnology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Biotechnology Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Biotechnology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Biotechnology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Biotechnology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Biotechnology Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Biotechnology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Biotechnology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Biotechnology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Biotechnology Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Biotechnology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Biotechnology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Biotechnology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Biotechnology Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Biotechnology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Biotechnology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Biotechnology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Biotechnology Market Revenue (USD Billion) Forecast, by Country, 2016-2027
