Company Insights
Developing or making new products with the help of living organisms
is known as biotechnology. It is basically a technological application
which uses living/biological system to produce products for specific
purposes. Heavy investment by biotechnological companies resulting in
discovery of advanced biological products is likely to drive the market
in the coming five years.
Increasing usage in therapeutics, commercial application and basic
research are the factors expected to trigger the growth of biotechnology
market over the forecast period. The instruments of biotechnology
market is also likely to witness lucrative growth owing to increasing
number of biotechnology firms all over the world and huge expenditure in
sunk cost.
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Biotechnology market is also used in recycling, treating the
biological wastes and making biological weapons. Developing nations
possess a huge potential market for biotechnology owing to the
continuous gaining popularity of biotechnological products and high
effectiveness. There is a huge gap between the demand and supply of
biotechnological products which is needed to be served over the forecast
period. Flourishing stem cell research is also likely to propel the
growth of biotechnology market in coming few years.
Technology Insights
By technology, the global biotechnology market is divided into
nanobiotechnology, DNA sequencing, tissue engineering and regeneration,
PCR technology, chromatography, fermentation, and cell based array.
Tissue engineering and regeneration was dominating the entire
biotechnology market in 2013. Owing to improving the damaged tissues or
the entire organ and usage of biologically active molecules to improve
the functions, this market is anticipated to witness significant growth
rate over the next decade.
It is basically used for targeting and creating tissues which are
used for various purposes like heart muscles, bone, cartilage, nerves
and blood vessels. PCR technology segment is also expected to show
growth in coming five years due to its ability of amplifying DNA and
make identical copies.
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Application Insights
On the basis of application, the global biotechnology market is
fragmented into biopharmacy, bioagricultural, bioservices and
bioindustrial. Among these, the biopharmacy application market was the
overall market leader in 2013 in terms of revenue. Continuous increase
in demand for drugs and disposable needles to prevent chronic diseases
& continuous genetic analysis is expected to push the market growth
in the coming few years.
Bioservice market is also anticipated to witness lucrative growth
over the forecast period owing to the involvement of preclinical and
clinical researches which are prescribed by regulatory authorities
following certain standards. Huge investment in sunk cost by big
pharmacies and government resulting in reduction of clinical trial
duration is also likely to push the demand for this market in future.
Regional Insights
In 2013, North America was the most dominant market of biotechnology
and expected to continue its lead over the forecast period. Due to
presence of sophisticated healthcare infrastructure, growing level of
awareness among people and high rate of reimbursement medical policies,
this market will continue to grow in the next decade. Furthermore, free
pricing nature in pharmacies market due to the strict norms relating to
patents is also expected to drive this market. Asia Pacific region is
expected to be the fastest growing segment due to strong government
support, increasing disposable income resulting in rising healthcare
expenditure, and large potential market.
Competitors Insights
Novo Nordisk, BiogenIdic, Gilead Sciences, Merck KGaA, Amgen, United
Therapeutics, Celgene, Teva Pharmaceutical Industries, Regeneron, CSL,
Vertex Pharmaceuticals, Alexion Pharmaceuticals, Ipsen Group, BioMarin
Pharmaceutical, Shire PLC, Cubist Pharmaceuticals, Actelion, Elan, Onyx
Pharmaceuticals, Dr. Reddy’s Laboratories, Seattle Genetics, Alkermes,
Ariad Pharmaceuticals and DiaSorin are the major market players of the
global biotechnology market.
The market is highly competitive and monopolistic in nature. Firms
are going through mergers, acquisitions, new product development and
geographical expansion to earn maximum revenue and gain more customers.
Table of Contents
Chapter 1. Executive Summary
1.1. Biotechnology - Industry Summary and Critical Success Factors (CSFs)
Chapter 2. Biotechnology Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Biotechnology Market Dynamics
2.4. Key Opportunities Prioritized
2.5. Industry Analysis - Porter's
2.6. Biotechnology - Company Market Share Analysis
2.7. Biotechnology Market PESTEL Analysis, 2013
Chapter 3. Biotechnology Technology Outlook
3.1. Fermentation
3.2. Tissue Engineering and Regeneration
3.3. PCR Technology
3.4. Nanobiotechnology
3.5. Chromatography
3.6. DNA Sequencing
3.7. Cell based Array
3.8. Others
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Chapter 4. Biotechnology Application Outlook
4.1. Biopharmacy
4.2. Bioservices
4.3. Bioagriculture
4.4. Bioindustrial
Chapter 5. Biotechnology Regional Outlook
5.1. North America
5.2. Europe
5.3. Asia Pacific
5.4. RoW
Chapter 6. Competitive Landscape
6.1 Abbott Laboratories
6.2 Amgen Inc.
6.3 Johnson and Johnson
6.4 Merck
6.5 Novo Nordisk
6.6 Novartis
6.7 Pfizer
6.8 Roche
6.9 Sanofi Aventis
6.10 Lonza Group
6.11 Biogen Idec Inc.
6.12 Astra Zeneca
6.13 Genentech
6.14 Genzyme
6.15 Gilead Sciences
6.16 Celgene
Chapter 7. Methodology and Scope
7.1. Research Methodology
7.2. Research Scope & Assumption
7.3. List of Data Sources
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