The Biotechnology Services Global Market Report 2023, provides comprehensive information on the biotechnology services market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Biotechnology Services Global Market Report 2023, the market size is expected to grow from $146.85 billion in 2022 to $163.71 billion in 2023 at a compound annual growth rate (CAGR) of 11.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the biotechnology services is expected to grow to $241.17 billion in 2027 at a CAGR of 10.2%.
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The biotechnology services market is segmented:
1) 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
2) By Industry: Clinical Research Organizations (CROs), Contract Manufacturers Organizations(CMOs), Contract Research and Manufacturing Services (CRAMS)
3) By Area of Application: Pharmaceutical, Biotechnological, Academic, Clinical Trial, Healthcare Sectors
Asia-Pacific was the largest region in the biotechnology services market in 2022.
The table of contents in TBRC’s biotechnology services market report includes:
- Executive Summary
- Biotechnology Services Market Characteristics
- Biotechnology Services Market Trends And Strategies
- Biotechnology Services Market – Macro Economic Scenario
- Biotechnology Services Market Size And Growth
- Biotechnology Services Market Segmentation
- Biotechnology Services Market Regional And Country Analysis
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- Biotechnology Services Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Biotechnology Services Market
- Biotechnology Services Market Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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