Lucintel's latest market report analyzed that biotechnology provides attractive opportunities in applications, such as biopharmacy, bioservices, bioagriculture, bioindustries, and bioinformatics. The biotechnology market is expected to grow at a CAGR of 9%-11%. In this market, nanobiotechnology is the largest segment by technology, whereas biopharmacy is largest by application.
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Based on technology, the biotechnology market is segmented into fermentation, tissue engineering and regeneration, polymerase chain reaction (PCR) technology, nanobiotechnology, chromatography, DNA sequencing, cell based assay, and others. The nanobiotechnology segment is accounted for the largest share of the market in 2020 due to increasing research and development activities related to microfabricated systems and devices used in the treatment of several acute ailments.
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The biotechnology market is marked by the presence of several big and small players. Some of the prominent players offering biotechnology include Agilent Technologies, BioGen Medical Instruments, Danaher, Roche, Abbott Laboratories, Illumina, PerkinElmer, Qiagen, Thermo Fisher Scientific, and Amgen.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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