Biotechnology Market Size, Share, Trends, Analysis And Forecast to 2020: Grand View Research, Inc


GrandViewResearch.com has announced the addition of "Global Biotechnology Market Analysis And Segment Forecasts To 2020" Market Research report to their Database.

San Francisco, CA (I-Newswire) June 10, 2014 - The Global Biotechnology Market is expected to reach USD 604.40 billion by 2020, according to a new study by Grand View Research, Inc. Increasing application scope coupled with the rising demand for effective vaccines and drugs in an attempt to improve healthcare access to patients with unmet medical needs is expected to drive market demand over the next six years. In addition, the need to enhance agricultural productivity via the use of genetically engineered seeds is expected to serve this market as a driver.

Biopharmacy dominated the overall market, accounting for over 60% of the total revenue in 2013. High costs associated with the drug discovery process coupled with increasing healthcare expenditures in emerging markets such as India, China and Brazil are some of the factors augmenting biopahrmacy growth. Growing popularity of contract research outsourcing (CRO) services in an attempt to curb manufacturing and R&D costs are expected to drive bioservices demand, which is expected to be the fastest growing application market for biotechnology.

The report "Biotechnology (Biopharmacy, Bioservices, Bioagriculture, Bioindustrial, Fermentation, DNA sequencing, Tissue Engineering, Regeneration) Market Analysis And Segment Forecasts To 2020," is available now to Grand View Research customers and can also be purchased directly at grandviewresearch.com/industry-analysis/biotechnology-market

Inquiry Before Buying @ grandviewresearch.com/inquiry/369

Further key findings from the study suggest:

1. North America was the largest regional market, accounting for over 40% of global revenue in 2013, with growth being driven by the presence of sophisticated healthcare infrastructure, high patient awareness levels and healthcare expenditure.

2. Asia Pacific is expected to register the fastest CAGR of 14.8% during the forecast period owing to the presence of untapped opportunities in emerging markets such as India and China.

3. Tissue engineering and regeneration technology dominated the market in terms of revenue share in 2013 at 32.5% on account of the rising demand for regenerative medicine.

4. Key industry participants include Novo Nordisk, Amgen, Gilead Sciences, Celgene, Biogen Idic, Teva Pharmaceutical Industries, Merck KGaA, CSL, Regeneron, Alexion Pharmaceuticals, Shire PLC, Vertex Pharmaceuticals, BioMarin Pharmaceutical, Elan, Actelion, Onyx Pharmaceuticals, Dr. Reddy's Laboratories, Seattle Genetics, Alkermes, Ariad Pharmaceuticals, Cubist Pharmaceuticals, United Therapeutics, Ipsen Group and DiaSorin.

For the purpose of this study, Grand View Research has segmented the global biotechnology market on the basis of application and region:

i. Biotechnology Application Outlook
- Medical Gases
- BioPharmacy
- BioServices
- BioAgriculture
- BioIndustrial

ii. Biotechnology Technology Outlook
- Fermentation
- Tissue engineering and Regeneration
- PCR Tehnology
- Nanobiotechnology
- Chromatography Market
- DNA Sequencing
- Cell Based Assay
- Others

iii. Biotechnology Regional Outlook
- North America
- Europe
- Asia Pacific
- RoW

Browse All Grand View Research Ongoing Reports @ grandviewresearch.com/ongoing-reports

Latest Market Research Published By Grand View Research:

Microcontroller Market Analysis By Product (4/8-bit, 16-bit, 32-bit), By Application (Automotive, Consumer Electronics, Industrial) And Segment Forecasts To 2020 ( grandviewresearch.com/industry-analysis/microcontroller-market )

The global microcontroller market is expected to reach USD 26,984.8 million by 2020, according to a new study by Grand View Research, Inc. Growing demand from end-use industries such as automotive and consumer electronics is expected to drive the global market over the forecast period. The advent of the Internet of Things (IoT) coupled with declining microcontroller prices is also expected to drive the industry over the next six years. Development of microcontrollers integrated with NFC (near-field communication), Bluetooth, and ZigBee among other wireless interfaces is expected to positively impact the global market .

About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit grandviewresearch.com

Contact:
Sherry James, Corporate Sales Specialist
Grand View Research, Inc
San Francisco, California, USA
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
sales@grandviewresearch.com
http://www.grandviewresearch.com






About Grand View Research, Inc

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, c   More..ustomized research reports and consulting services.Less..

Contact Information

Grand View Research, Inc
Sherry James
San Francisco, California
Phone : 1-415-349-0058

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Business > Markets

Published On:

June 10, 2014

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