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Biotechnology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 143 Pages
  • July 2022
  • Region: Global
  • IMARC Group
  • ID: 5633236
The global biotechnology market reached a value of US$ 617.98 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 964.96 Billion by 2027, exhibiting a CAGR of 7.71% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.



Biotechnology refers to the utilization of biological processes and living organisms to modify different products and services for a specific application. One such application includes the production of therapeutic proteins and other drugs through genetic engineering. Biotechnology is employed in the agriculture sector for growing genetically modified plants, improving pest resistance, enhancing crop herbicide tolerance, and facilitating sustainable farming. Moreover, it is gaining traction in wastewater treatment, chemical manufacturing, paper, textiles, and food products, and reducing the environmental footprint of industrial processes and making them cleaner as well as more efficient.

Biotechnology Market Trends:

With the increasing food scarcity on account of the growing global population, there is a significant rise in the demand for biotechnology to enhance crop yield. Moreover, the increasing adoption of sustainable manufacturing methods is contributing to the market growth. Apart from this, the application of biotechnology is expanding in the healthcare sector. It is used in stem cell research and cloning techniques for replacing defective cells and tissues in regenerative medicine. Furthermore, the increasing focus on finding molecular root causes of diseases is encouraging investments in research and development (R&D) activities in the field of biotechnology. These activities will enable the production of therapeutic proteins and the improvement of existing pharmaceuticals and monoclonal antibodies, which can stop the disease progression. The need for biotechnology is further escalating for finding potential treatments of coronavirus disease (COVID-19). Besides this, the increasing demand for biofuels due to the strict emission regulations set by governing agencies worldwide is anticipated to influence the market growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global biotechnology market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, technology and application.

Breakup by Product Type:

  • Instruments
  • Reagents
  • Software and Services

Breakup by Technology:

  • Nanobiotechnology
  • Tissue Engineering and Regeneration
  • DNA Sequencing
  • Cell-Based Assays
  • Fermentation
  • PCR Technology
  • Chromatography
  • Others

Breakup by Application:

  • Healthcare
  • Food and Agriculture
  • Natural Resources and Environment
  • Industrial Processing
  • Bioinformatics
  • Others

Breakup by Region:

North America

  • United States
  • Canada

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others

Latin America

  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Amgen Inc., Biocon Limited, Biogen Inc., F. Hoffmann-La Roche AG, Genmab A/S, Lonza Group AG, Novartis AG, Novo Nordisk A/S, Pfizer Inc., Regeneron Pharmaceuticals Inc., Seagen Inc., Syngenta AG and Vertex Pharmaceuticals Incorporated

Key Questions Answered in This Report:

  • How has the global biotechnology market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global biotechnology market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global biotechnology market and who are the key players?
  • What is the degree of competition in the industry?
Frequently Asked Questions about the Global Biotechnology Market

What is the estimated value of the Global Biotechnology Market?

The Global Biotechnology Market was estimated to be valued at $617.98 Billion in 2021.

What is the growth rate of the Global Biotechnology Market?

The growth rate of the Global Biotechnology Market is 7.7%, with an estimated value of $964.96 Billion by 2027.

What is the forecasted size of the Global Biotechnology Market?

The Global Biotechnology Market is estimated to be worth $964.96 Billion by 2027.

Who are the key companies in the Global Biotechnology Market?

Key companies in the Global Biotechnology Market include Amgen Inc., Biocon Limited, Biogen Inc., F. Hoffmann, La Roche AG, Genmab A/S, Lonza Group AG, Novartis AG and Pfizer Inc..

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Biotechnology Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Instruments
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Reagents
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Software and Services
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Technology
7.1 Nanobiotechnology
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Tissue Engineering and Regeneration
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 DNA Sequencing
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Cell-Based Assays
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Fermentation
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 PCR Technology
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Chromatography
7.7.1 Market Trends
7.7.2 Market Forecast
7.8 Others
7.8.1 Market Trends
7.8.2 Market Forecast
8 Market Breakup by Application
8.1 Healthcare
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Food and Agriculture
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Natural Resources and Environment
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Industrial Processing
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Bioinformatics
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Amgen Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.2 Biocon Limited
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Biogen Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 F. Hoffmann-La Roche AG
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 Genmab A/S
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Lonza Group AG
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Novartis AG
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Novo Nordisk A/S
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Pfizer Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Regeneron Pharmaceuticals Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Seagen Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Syngenta AG
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 SWOT Analysis
14.3.13 Vertex Pharmaceuticals Incorporated
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.13.3 Financials
14.3.13.4 SWOT Analysis
List of Figures
Figure 1: Global: Biotechnology Market: Major Drivers and Challenges
Figure 2: Global: Biotechnology Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Biotechnology Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Biotechnology Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Biotechnology Market: Breakup by Technology (in %), 2021
Figure 6: Global: Biotechnology Market: Breakup by Application (in %), 2021
Figure 7: Global: Biotechnology Market: Breakup by Region (in %), 2021
Figure 8: Global: Biotechnology (Instruments) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Biotechnology (Instruments) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Biotechnology (Reagents) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Biotechnology (Reagents) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Biotechnology (Software and Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Biotechnology (Software and Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Biotechnology (Nanobiotechnology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Biotechnology (Nanobiotechnology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Biotechnology (Tissue Engineering and Regeneration) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Biotechnology (Tissue Engineering and Regeneration) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Biotechnology (DNA Sequencing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Biotechnology (DNA Sequencing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Biotechnology (Cell-Based Assays) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Biotechnology (Cell-Based Assays) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Biotechnology (Fermentation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Biotechnology (Fermentation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Biotechnology (PCR Technology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Biotechnology (PCR Technology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Biotechnology (Chromatography) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Biotechnology (Chromatography) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Biotechnology (Other Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Biotechnology (Other Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Biotechnology (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Biotechnology (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Biotechnology (Food and Agriculture) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Biotechnology (Food and Agriculture) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Biotechnology (Natural Resources and Environment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Biotechnology (Natural Resources and Environment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Biotechnology (Industrial Processing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Biotechnology (Industrial Processing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Biotechnology (Bioinformatics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Biotechnology (Bioinformatics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Biotechnology (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Biotechnology (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: North America: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: North America: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: United States: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: United States: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Canada: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Canada: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Asia-Pacific: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Asia-Pacific: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: China: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: China: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Japan: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Japan: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: India: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: India: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: South Korea: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: South Korea: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Australia: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Australia: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Indonesia: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Indonesia: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Others: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Others: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Europe: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Europe: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Germany: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Germany: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: France: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: France: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: United Kingdom: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: United Kingdom: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Italy: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Italy: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Spain: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Spain: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Russia: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Russia: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Latin America: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Latin America: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Brazil: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Brazil: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Mexico: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Mexico: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Others: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Others: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Middle East and Africa: Biotechnology Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Middle East and Africa: Biotechnology Market: Breakup by Country (in %), 2021
Figure 90: Middle East and Africa: Biotechnology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Global: Biotechnology Industry: SWOT Analysis
Figure 92: Global: Biotechnology Industry: Value Chain Analysis
Figure 93: Global: Biotechnology Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Biotechnology Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Biotechnology Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Biotechnology Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Biotechnology Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Biotechnology Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Biotechnology Market: Competitive Structure
Table 7: Global: Biotechnology Market: Key Players

Companies Mentioned

  • Amgen Inc.
  • Biocon Limited
  • Biogen Inc.
  • F. Hoffmann-La Roche AG
  • Genmab A/S
  • Lonza Group AG
  • Novartis AG
  • Novo Nordisk A/S
  • Pfizer Inc.
  • Regeneron Pharmaceuticals Inc.
  • Seagen Inc.
  • Syngenta AG
  • Vertex Pharmaceuticals Incorporated

Methodology

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