Take Up Global Biotechnology Services Market Opportunities With Clear Industry Data – Including Biotechnology Services Market Size And Growth
The Business Research Company’s report goes into great detail on the biotechnology services market size and growth, biotechnology services market regional analysis, biotechnology services market competitive landscape, and other critical information needed to excel in the biotechnology services industry.
Major players in the biotechnology services market include Novartis, Fisher BioService, Pfizer, Novo Nordisk, BioAlps, Precision for Medicine, Sartorius and Aldevron.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global biotechnology services market is expected to grow from $129.14 billion in 2021 to $151.10 billion in 2022 at a compound annual growth rate (CAGR) of 17.0%. The growth in the biotechnology services market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The biotechnology services market is expected to reach $267.29 billion in 2026 at a CAGR of 15.3%.
Asia Pacific was the largest region in the biotechnology services market in 2021.
The biotechnology services market consists of the sales of biotechnology services and related goods by entities (organizations, sole traders and partnerships) that engage in conducting research and experimental development in biotechnology. Only goods and services traded between entities or sold to end consumers are included.
The increasing pervasiveness of conditions like hepatitis B, diabetes and cancer is driving the research in biotechnology.
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Collaborations and partnerships between industry players are a growing trend in the field of biotech services.
TBRC’s Global Biotechnology Services Market Report Is Segmented:
By Service: Prevention and Disease Control, Public Engagement Activities, Health Education and Research, Food Biotechnology Services, Donor Recruitment, Tissue Collection, Cell Processing and Isolation, Research and Development
By Industry: Clinical Research Organizations (CROs), Contract Manufacturers Organizations(CMOs), Contract Research and Manufacturing Services (CRAMS)
By Area of Application: Pharmaceutical, Biotechnological, Academic, Clinical Trial, Healthcare Sectors
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Biotechnology Services Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the biotechnology services market globally and regionally, analyzes and forecasts market size, share, biotechnology services market players, biotechnology services market segments, leading competitor revenues, profiles and market shares.
Here Is A List Of Similar Reports From The Business Research Company:
Digital Pathology Global Market Report 2022
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