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Biotechnology Market Share, Size, Trends & Industry Analysis Report By Technology; By Application; By Region; Segment Forecast, 2022 - 2029

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    Report

  • 125 Pages
  • December 2021
  • Region: Global
  • Polaris Market Research
  • ID: 5261865
Description Jump to:
The global biotechnology market size is expected to reach USD 3,088.54 billion by 2029 according to this new study. The report “Biotechnology Market Share, Size, Trends & Industry Analysis Report By Technology (Fermentation, Tissue Engineering, and Regeneration, PCR Technology, Nanobiotechnology, Chromatography, DNA Sequencing, Cell-Based Assays); By Application; By Region; Segment Forecast, 2022-2029” gives a detailed insight into current market dynamics and provides analysis on future market growth.



Increasing prevalence of chronic diseases, advancement in pharmaceutical technology, and increasing use of biotech solutions for novel drug discovery are expected to drive the demand over the forecast period. Furthermore, increasing investment in the healthcare industry and biopharma sector is expected to boost the industry’s expansion.

The unexpected emergence and transmission of the COVID-19 virus have raised interest in these goods such as vaccinations, screening procedures, medications, and others, which in turn is expected to increase the industry demand over the forecast period.

The market in North America is expected to grow significantly over the forecast period due to increasing healthcare expenditure along with the presence of advanced technology for novel drug discovery procedures.

Some of the key players operating in the global industry include Agilent Technologies, Abbott, Amgen Inc, Biogen, AstraZeneca, Bio-Rad Laboratories, Danaher, F. Hoffmann-La Roche Ltd, CELGENE CORPORATION, Gilead Sciences, Inc, Lonza, Merck & Co, Novartis AG, Johnson & Johnson Services, Inc, Novo Nordisk A/S, Pfizer, Inc, PerkinElmer, Sanofi, Qiagen, and Thermo Fisher Scientific.

These companies are investing in research & development and are adopting strategies such as mergers & acquisitions, along with new product launches, to increase their industry presence. For instance, in October 2020, Bayers declared the acquisition of Asklepios BioPharmaceutical for approximately $4 billion to manufacture and develop gene therapy.

The publisher has segmented the global biotechnology market on the basis of technology, application, and region:


Biotechnology Technology Outlook (Revenue, USD Billion, 2017-2029)


  • Nanobiotechnology
  • DNA Sequencing
  • Tissue regeneration and engineering
  • Chromatography
  • PCR technology
  • Fermentation
  • Cell-based assays
  • Others

Biotechnology Application Outlook (Revenue, USD Billion, 2017-2029)


  • BioPharmacy
  • BioServices
  • BioAgriculture
  • BioIndustrial
  • Bioinformatics

Biotechnology Regional Outlook (Revenue, USD Billion, 2017-2029)


  • North America
  • U.S
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Netherlands
  • Austria
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • South Africa
  • Israel
Frequently Asked Questions about the Biotechnology Market

What is the estimated value of the Biotechnology Market?

The Biotechnology Market was estimated to be valued at $1000.46 Billion in 2022.

What is the growth rate of the Biotechnology Market?

The growth rate of the Biotechnology Market is 17.5%, with an estimated value of $3088.54 Billion by 2029.

What is the forecasted size of the Biotechnology Market?

The Biotechnology Market is estimated to be worth $3088.54 Billion by 2029.

Who are the key companies in the Biotechnology Market?

Key companies in the Biotechnology Market include Abbott, Agilent Technologies, Amgen Inc., AstraZeneca, Biogen, Bio, Rad Laboratories, CELGENE CORPORATION and F. Hoffmann.
Report AttributeDetails
No. of Pages125
PublishedDecember 2021
Forecast Period2022 - 2029
Estimated Market Value ( USD ) in 2022 $ 1000.46 Billion
Forecasted Market Value ( USD ) by 2029 $ 3088.54 Billion
Compound Annual Growth Rate17.5%
Regions CoveredGlobal
No. of Companies Mentioned20

Table of Contents

1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Biotechnology Market Insights
4.1. Biotechnology Market - Industry Snapshot
4.2. Biotechnology Market Dynamics
4.2.1. Drivers and Opportunities
4.2.2. Restraints and Challenges
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Value Chain Analysis
4.6. Biotechnology Industry trends
4.7. COVID-19 Impact Analysis
5. Global Biotechnology Market, by Technology
5.1. Key Findings
5.2. Introduction
5.2.1. Global Biotechnology, by Technology, 2017 - 2029 (USD Billion)
5.3. Fermentation
5.3.1. Global Biotechnology Market, by Fermentation, by Region, 2017 - 2029 (USD Billion)
5.4. Tissue Engineering and Regeneration
5.4.1. Global Biotechnology Market, by Tissue Engineering and Regeneration, by Region, 2017 - 2029 (USD Billion)
5.5. PCR Technology
5.5.1. Global Biotechnology Market, by PCR Technology, by Region, 2017 - 2029 (USD Billion)
5.6. Nanobiotechnology
5.6.1. Global Biotechnology Market, by Nanobiotechnology, by Region, 2017 - 2029 (USD Billion)
5.7. Chromatography
5.7.1. Global Biotechnology Market, by Chromatography, by Region, 2017 - 2029 (USD Billion)
5.8. DNA Sequencing
5.8.1. Global Biotechnology Market, by DNA Sequencing, by Region, 2017 - 2029 (USD Billion)
5.9. Cell-Based Assays
5.9.1. Global Biotechnology Market, by Cell-Based Assays, by Region, 2017 - 2029 (USD Billion)
5.10. Others
5.10.1. Global Biotechnology Market, by Others, by Region, 2017 - 2029 (USD Billion)
6. Global Biotechnology Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
6.3. BioPharmacy
6.3.1. Global Biotechnology Market, by BioPharmacy, by Region, 2017 - 2029 (USD Billion)
6.4. BioServices
6.4.1. Global Biotechnology Market, by BioServices, by Region, 2017 - 2029 (USD Billion)
6.5. BioAgriculture
6.5.1. Global Biotechnology Market, by BioAgriculture, by Region, 2017 - 2029 (USD Billion)
6.6. BioIndustrial
6.6.1. Global Biotechnology Market, by BioIndustrial, by Region, 2017 - 2029 (USD Billion)
6.7. Bioinformatics
6.7.1. Global Biotechnology Market, by Bioinformatics, by Region, 2017 - 2029 (USD Billion)
7. Global Biotechnology Market, by Geography
7.1. Key findings
7.2. Introduction
7.2.1. Biotechnology Market Assessment, By Geography, 2017 - 2029 (USD Billion)
7.3. Biotechnology Market - North America
7.3.1. North America: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.3.2. North America: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.3.3. Biotechnology Market - U.S.
7.3.3.1. U.S.: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.3.3.2. U.S.: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.3.4. Biotechnology Market - Canada
7.3.4.1. Canada: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.3.4.2. Canada: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.4. Biotechnology Market - Europe
7.4.1. Europe: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.4.2. Europe: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.4.3. Biotechnology Market - UK
7.4.3.1. UK: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.4.3.2. UK: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.4.4. Biotechnology Market - France
7.4.4.1. France: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.4.4.2. France: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.4.5. Biotechnology Market - Germany
7.4.5.1. Germany: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.4.5.2. Germany: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.4.6. Biotechnology Market - Italy
7.4.6.1. Italy: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.4.6.2. Italy: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.4.7. Biotechnology Market - Spain
7.4.7.1. Spain: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.4.7.2. Spain: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.4.8. Biotechnology Market - Netherlands
7.4.8.1. Netherlands: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.4.8.2. Netherlands: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.4.9. Biotechnology Market - Austria
7.4.9.1. Austria: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.4.9.2. Austria: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.5. Biotechnology Market - Asia Pacific
7.5.1. Asia Pacific: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.5.2. Asia Pacific: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.5.3. Biotechnology Market - China
7.5.3.1. China: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.5.3.2. China: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.5.4. Biotechnology Market - India
7.5.4.1. India: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.5.4.2. India: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.5.5. Biotechnology Market - Malaysia
7.5.5.1. Malaysia: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.5.5.2. Malaysia: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.5.6. Biotechnology Market - Japan
7.5.6.1. Japan: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.5.6.2. Japan: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.5.7. Biotechnology Market - Indonesia
7.5.7.1. Indonesia: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.5.7.2. Indonesia: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.5.8. Biotechnology Market - South Korea
7.5.8.1. South Korea: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.5.8.2. South Korea: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.6. Biotechnology Market - Middle East & Africa
7.6.1. Middle East & Africa: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.6.2. Middle East & Africa: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.6.3. Biotechnology Market - Saudi Arabia
7.6.3.1. Saudi Arabia: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.6.3.2. Saudi Arabia: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.6.4. Biotechnology Market - UAE
7.6.4.1. UAE: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.6.4.2. UAE: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.6.5. Biotechnology Market - Israel
7.6.5.1. Israel: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.6.5.2. Israel: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.6.6. Biotechnology Market - South Africa
7.6.6.1. South Africa: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.6.6.2. South Africa: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.7. Biotechnology Market - Latin America
7.7.1. Latin America: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.7.2. Latin America: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.7.3. Biotechnology Market - Mexico
7.7.3.1. Mexico: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.7.3.2. Mexico: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.7.4. Biotechnology Market - Brazil
7.7.4.1. Brazil: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.7.4.2. Brazil: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
7.7.5. Biotechnology Market - Argentina
7.7.5.1. Argentina: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
7.7.5.2. Argentina: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
8. Competitive Landscape
8.1. Expansion and Acquisition Analysis
8.1.1. Expansion
8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
9.1. Abbott
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Recent Development
9.2. Agilent Technologies
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Recent Development
9.3. Amgen Inc.
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Recent Development
9.4. AstraZeneca
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Recent Development
9.5. Biogen
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Recent Development
9.6. Bio-Rad Laboratories
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Recent Development
9.7. CELGENE CORPORATION
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Recent Development
9.8. Danaher
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Recent Development
9.9. F. Hoffmann-La Roche Ltd.
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Recent Development
9.10. Gilead Sciences, Inc.
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Recent Development
9.11. Johnson & Johnson Services, Inc.
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Recent Development
9.12. Lonza
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Recent Development
9.13. Merck & Co.
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. Product Benchmarking
9.13.4. Recent Development
9.14. Novartis AG
9.14.1. Company Overview
9.14.2. Financial Performance
9.14.3. Product Benchmarking
9.14.4. Recent Development
9.15. Novo Nordisk A/S
9.15.1. Company Overview
9.15.2. Financial Performance
9.15.3. Product Benchmarking
9.15.4. Recent Development
9.16. PerkinElmer
9.16.1. Company Overview
9.16.2. Financial Performance
9.16.3. Product Benchmarking
9.16.4. Recent Development
9.17. Pfizer, Inc.
9.17.1. Company Overview
9.17.2. Financial Performance
9.17.3. Product Benchmarking
9.17.4. Recent Development
9.18. Qiagen
9.18.1. Company Overview
9.18.2. Financial Performance
9.18.3. Product Benchmarking
9.18.4. Recent Development
9.19. Sanofi
9.19.1. Company Overview
9.19.2. Financial Performance
9.19.3. Product Benchmarking
9.19.4. Recent Development
9.20. Thermo Fisher Scientific
9.20.1. Company Overview
9.20.2. Financial Performance
9.20.3. Product Benchmarking
9.20.4. Recent Development
List of Tables
Table 1 Global Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 2 Global Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 3 Biotechnology Market Assessment, By Geography, 2017 - 2029 (USD Billion)
Table 4 North America: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 5 North America: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 6 U.S.: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 7 U.S.: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 8 Canada: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 9 Canada: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 10 Europe: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 11 Europe: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 12 UK: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 13 UK: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 14 France: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 15 France: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 16 Germany: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 17 Germany: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 18 Italy: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 19 Italy: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 20 Spain: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 21 Spain: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 22 Netherlands: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 23 Netherlands: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 24 Austria: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 25 Austria: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 26 Asia Pacific: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 27 Asia Pacific: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 28 China: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 29 China: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 30 India: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 31 India: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 32 Malaysia: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 33 Malaysia: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 34 Japan: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 35 Japan: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 36 Indonesia: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 37 Indonesia: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 38 South Korea: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 39 South Korea: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 40 Middle East & Africa: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 41 Middle East & Africa: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 42 Saudi Arabia: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 43 Saudi Arabia: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 44 UAE: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 45 UAE: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 46 Israel: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 47 Israel: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 48 South Africa: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 49 South Africa: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 50 Latin America: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 51 Latin America: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 52 Mexico: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 53 Mexico: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 54 Brazil: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 55 Brazil: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
Table 56 Argentina: Biotechnology Market, by Application, 2017 - 2029 (USD Billion)
Table 57 Argentina: Biotechnology Market, by Technology, 2017 - 2029 (USD Billion)
List of Figures
Figure 1 Global Biotechnology Market, 2017 - 2029 (USD Billion)
Figure 2 Integrated Ecosystem
Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
Figure 4 Market by Geography
Figure 5 Porter’s Five Forces
Figure 6 Market by Application
Figure 7 Global Biotechnology Market, by Application, 2021 & 2029 (USD Billion)
Figure 8 Market by Technology
Figure 9 Global Biotechnology Market, by Technology, 2021 & 2029 (USD Billion)
Figure 10 Biotechnology Market Assessment, By Geography, 2017 - 2029 (USD Billion)
Figure 11 Strategic Analysis – Biotechnology Market

Companies Mentioned

  • Abbott
  • Agilent Technologies
  • Amgen Inc.
  • AstraZeneca
  • Biogen
  • Bio-Rad Laboratories
  • CELGENE CORPORATION
  • Danaher
  • F. Hoffmann-La Roche Ltd.
  • Gilead Sciences.
  • Johnson & Johnson Services.
  • Lonza
  • Merck & Co.
  • Novartis AG
  • Novo Nordisk A/S
  • PerkinElmer
  • Pfizer.
  • Qiagen
  • Sanofi
  • Thermo Fisher Scientific.

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