(Entertainment-NewsWire.com, August 24, 2018 ) Biotechnology involves use of biological process to improve human life through food and health. The process uses living organisms to make or modify a product, improve plants, trees or animals, or develop microorganisms for specific uses. It is a combination of various technologies, applied together to biology, which leads to vast array of new products aiding to improvement of human life. The field encompasses wide range of application in production of new drugs, or using stem cells to regenerate damaged human tissues and organs regeneration. Also improve agriculture, animal health, make pest resistant crops and find new chemical compounds.
Rising demand of new technologies such as DNA sequencing, recombinant technology, bio-fermentation, tissue engineering will drive the biotechnology industry size. Growing food demand to meet the need of ever increasing population and scarce availability of nonrenewable natural resources will fuel global biotechnology market size.
The "Global Biotechnology Market Analysis to 2025" is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of Global Biotechnology Market with detailed market segmentation by technology, application and geography. The Global Biotechnology Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The Global Biotechnology Market is segmented on the basis of technology and application. The technology segment includes DNA Sequencing, Fermentation, Cell Based Assay, Nano biotechnology, Chromatography, PCR Technology, Tissue Engineering and Regeneration, Other Technologies. Based on application, the market is segmented as, Industrial Processing, Bioinformatics, Food & Agriculture, Health, Natural Resources & Environment, Other Applications.
The Biotechnology Market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Global Biotechnology Market based on technology and application. It also provides market size and forecast till 2025 for overall Biotechnology market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
Europe biotechnology market share, along with APAC will show remunerative growth during the coming years due to growing public health and introduction of healthcare benefits by government agencies. The favorable regulatory scenario should drive industry growth in these regions. By Technology, Nanobiotechnology is expected to dominate the market. Various drug delivery therapies use nanobiotechnology for chronic disorders such as cancer. North America accounted for largest market share attributed to increase in investments in R&D pertaining to new drug discovery.
Some of the key players influencing the market are Gilead, Biogen, Celegene Corporation, AstraZeneca, Abbott, NoVo Nordisk A/S, Novartis AG, Lonza, Amgen, inc., Hoffmann-La Roche LTD.
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