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Forecasting till 2030: Opportunities And Strategies In The Global Biotechnology Services Market – Includes Biotechnology Services Market Size

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The biotechnology services market is expected to grow rapidly due to increasing lifestyle and chronic diseases, as per The Business Research Company’s biotechnology services market opportunities and strategies report.


The biotechnology services market is expected to $92.56 billion in 2021, having grown at a compound annual growth rate (CAGR) of 7.9%, and is expected to grow at a CAGR of 10.0% to nearly $149.16 billion by 2026. Also, the global biotechnology services market size is expected to grow to $240.99 billion in 2031 at a CAGR of 10.1%.


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Major players in the biotechnology services market include Parexel International Corporation, Thermo Fisher Scientific, Laboratory Corporation of America Holdings, IQVIA, ICON plc.


Biotechnology companies are increasingly focusing on acquiring/partnering with biopharmaceutical companies. There have been several partnerships in recent years, which help these companies to increase their biotechnology services, enhance their revenues and share the costs.


The Global Biotechnology Services Market 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), And Contract Research And Manufacturing Services (CRAMS)

By Area Of Application: Pharmaceutical, Biotechnology, Academic, Clinical Trial, Healthcare Sectors, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global biotechnology services market.


TBRC’s Biotechnology Services Market Report Covers:

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)


The Biotechnology Services Market Report 2022 – Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides thorough biotechnology services market research, analyzes and forecasts biotechnology services market size, biotechnology services market share, biotechnology services market players, biotechnology services market trends, biotechnology services market segmentation and geographies, leading competitor revenues, profiles and market shares.


TBRC’s biotechnology services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.


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.


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