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Report overview
The global Biotechnology market was valued at US$ 528940 million in 2022 and is projected to reach US$ 856060 million by 2029, at a CAGR of 7.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Biotechnology is a broad discipline in which biological processes, organisms, cells or cellular components are exploited to develop new technologies.
This report aims to provide a comprehensive presentation of the global market for Biotechnology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biotechnology. This report contains market size and forecasts of Biotechnology in global, including the following market information:
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
DNA Sequencing Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Biotechnology include Johnson & Johnson Services, Inc., F. Hoffmann-La Roche Ltd, Pfizer, Merck &, Sanofi, AstraZeneca, Gilead, CELGENE CORPORATION and Biogen, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Biotechnology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biotechnology Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Biotechnology Market Segment Percentages, by Type, 2022 (%)
Global Biotechnology Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Biotechnology Market Segment Percentages, by Application, 2022 (%)
Global Biotechnology Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Biotechnology Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Biotechnology revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Biotechnology revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: