Europe Biotechnology Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 27.9% in the forecast period of 2028 and is expected to reach USD 2,691,409.16 million by 2028
Industry Analysis
Biotechnology is a technology that utilizes biological systems, living organisms, or parts of this to develop or create different products. Brewing and baking bread are instances of processes that fall within the concept of biotechnology (use of yeast (living organism) to produce the desired product). Such traditional processes usually utilize the living organisms in their natural form (or further developed by breeding), while the more modern form of biotechnology will generally involve a more advanced modification of the biological system or organism. Today, biotechnology covers many different disciplines (for instances genetics, biochemistry, and molecular biology, among others). New technologies and products are developed every year within the areas of medicine (development of new medicines and therapies), agriculture (development of genetically modified plants, biofuels, biological treatment), or industrial biotechnology (production of chemicals, paper, textiles, and food).
The biotechnology market is growing due to the increased incidence of chronic diseases and the rise in technological advancement. Moreover, an increasing number of product approval is another factor that accelerating the biotechnology market growth. Lack of skilled professionals is expected to restraint the global biotechnology market growth. The biotechnology market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the biotechnology market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe Biotechnology Market Scope and Market Size
The Europe Biotechnology Market is segmented on the based on the product type, technology, application, end user and distribution channel. The growth among segments helps you analyses niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of product type, Europe Biotechnology Market is segmented into
- instruments,
- reagents and services
On the basis of technology, Europe Biotechnology Market is segmented into
- nano biotechnology,
- pcr technology,
- DNA sequencing,
- chromatography,
- tissue engineering and regeneration,
- cell-based assays,
- fermentation
On the basis of Application, Europe Biotechnology Market is segmented into
- bio-pharmacy,
- bio-industrial,
- bio-services,
- bioinformatics
- Bio-agriculture.
On the basis of end user, Europe Biotechnology Market is segmented into
- pharmaceutical biotechnology companies,
- contract research organizations,
- academic research institutes
On the basis of distribution channel, Europe Biotechnology Market is segmented into
- direct tender,
- third party distributors,
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Biotechnology Market Country Level Analysis
The biotechnology market is analyzed and market size information is provided by the country, product type, technology, application, end user and distribution channel as referenced above.
The countries covered in the biotechnology market report are the
- K.,
- Germany,
- France,
- Spain,
- Italy,
- Netherlands,
- Switzerland,
- Russia,
- Turkey,
- Austria,
- Ireland,
- Rest of Europe.
Germany is dominating the European market owing to increasing research and development for the biotechnology products and software.
Competitive Landscape and Biotechnology Market Share Analysis
Biotechnology market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to biotechnology market.
The major companies which are dealing in the biotechnology are
- Trinity Biotech,
- Thermo Fisher Scientific Inc.,
- Abbott,
- Hoffmann-La Roche Ltd,
- Charles River Laboratories,
- Eurofins Scientific,
- Promega Corporation,
- Bio-Rad Laboratories, Inc.,
- PerkinElmer Inc.,
- Takara Bio Inc.,
- Ortho Clinical Diagnostics,
- QIAGEN,
- Agilent Technologies, Inc.,
- AstraZeneca,
- Merck KGaA,
- bioMérieux SA,
- Myriad Genetics, Inc.,
- Illumina, Inc.,
- Pacific Biosciences of California, Inc.
- Biogen
- Among others
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Europe Biotechnology Market by Product Procedure type
Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=europe-biotechnology-market
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