Biotechnology Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Biotechnology Market Size, Market Share, Application

Analysis, Regional Outlook, Growth, Trends, Competitive

Scenario And Forecasts, 2012 To 2020

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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Hexa Research Inc.

Industry Research,Custom Research & Consulting

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...