1. Market Research
  2. > Biotechnology

When Biology Meets Technology: Latest Market Trends and Statistics

  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
12 votes

Global Biotechnology Industry

The global biotechnology industry is forecast to exceed $320 billion by 2015, reports Global Industry Analysts. Market growth is fuelled by economic recovery, increased R&D funding, government initiatives and biotechnology used in agriculture and medical sciences. Developing nations, particularly China and India, are becoming major markets in the fields of agricultural and industrial biotechnology.

The economic crisis negatively impacted the biotechnology market, and brought about revenue declines in the US and the EU as a result of limited capital inflows and the delay or cancellation of projects. The market has entered a phase of recovery, with many large biotechnology outfits generating revenue thanks to new cost-savings and efficiency measures.

Industry funding is on the rise on the back of more favorable economic conditions, though this funding is concentrated in a small number of larger outfits. Smaller companies are still struggling to raise R&D funds. The situation is likely to improve as venture capitalists exercise greater caution in seeking more secure investment options.

Key Market Segments

Biological Therapy - The biotechnology industry was further segmented in 2011, steered away from its traditional drug focus and into other fields, including cleantech and chemical manufacturing. BCC Research points to the focus on funding in low-possibility-of-success (POS) areas, such as antineoplastic and immunomodulating agents over other fields with greater success potential such as dermatology or acute diseases.

Genetic Testing represents an important market if we consider diagnosis as the key to better quality healthcare. This segment involves testing for chromosome, protein and gene abnormality or changes linked with inherited medical conditions. The global genetic testing industry is in a period of strong growth, fuelled by rising numbers of genetic disorders, better awareness and an aging population. The market was worth $1.5 billion in 2010, reports RNCOS.

The world genetic testing (and genomics) market is expected to reach $4 billion by 2015. Genetic testing for cancer is likely to experience one of the highest growth rates, receiving particular interest from the private sector and the scientific community at large. Direct-to-consumer genetic testing is a market segment that is likely to take off, with many new outfits on the market. Market shapers include 23andme and deCODE.

Biopharmaceuticals - Global enzyme demand is expected to grow, with the market expected to exceed $7.5 billion in 2010, according to Freedonia. The majority of markets are forecast to record yearly growth in of more than 5%, except for biofuel production and certain other smaller industrial enzyme segments. Regional growth rates will be highest in markets like the Africa/Mideast region, and Central and South America. Growth will be comparatively lower in established economies such as the US and the EU. Enzyme demand in North America will be negatively impacted by a slow switch over to biomass-based biofuel production. EU enzyme demand will be negatively impacted by the EU debt crisis.

Regional Market Share

The US dominates the global biotechnology industry, followed by developed EU nations such as Germany, Spain, France and the UK, reports Global Industry Analysts. Developing nations like China and India are likely to record strong growth in agricultural and industrial biotechnology industries due to rising income levels and population. Both countries are playing an increasingly significant role in the biotech drugs market on the back of relatively low-cost investment and a high level of expertise.

Read more »

24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 14 000 reports

Global Biotechnology Industry

  • July 2016
    22 pages
  • Biotechnology  

  • World  

    North America  

View report >

Biotechnology Industry in the US

  • June 2016
    10 pages
  • United States  


    United Kingdom  

View report >

Biotechnology Industry in Finland and Europe

  • June 2016
    204 pages
  • Biotechnology  

    Industrial Biot...  

    Synthetic Biolo...  

  • Finland  


View report >

Biotechnology Industry in Japan

  • May 2016
    8 pages
  • Biotechnology  

  • Japan  

    United States  

View report >

Biotechnology Industry in France

  • January 2015
    69 pages
  • Protein  

    Synthetic Biolo...  

  • France  

View report >

Biotechnology Industry in Germany

  • January 2014
    13 pages
  • Biotechnology  

  • Germany  


View report >

Biotechnology Industry in Italy

  • January 2016
    40 pages
  • Biotechnology  

  • Italy  


View report >

Industrial Biotechnology Industry in the UK - Forecast

  • June 2015
    44 pages
  • Industrial Biot...  



  • United Kingdom  



View report >

Biotechnology Markets in Canada

  • January 2015
    6 pages
  • Canada  

View report >

The future of the Biotechnology Industry in Brazil

  • August 2015
    15 pages
  • Biotechnology  



  • Brazil  

View report >

About 6 300 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 75 - $ 42 529)

Kidney Cancer (Renal Cell Cancer) - Pipeline Review, H1 2016

Kidney Cancer (Renal Cell Cancer) - Pipeline Review, H1 2016

  • $ 42 529
  • Company report
  • June 2016
  • by Global Markets Direct

Kidney Cancer (Renal Cell Cancer) - Pipeline Review, H1 2016 Summary Global Markets Direct’s, ‘Kidney Cancer (Renal Cell Cancer) - Pipeline Review, H1 2016’, provides an overview of the Kidney Cance ...

Retinitis Pigmentosa (retinitis) - Pipeline Review, H1 ...

June 2016 $ 42 529

Hospital Acquired Methicillin-resistant Staphylococcus ...

June 2016 $ 42 529

Poliomyelitis - Pipeline Review, H1 2016

June 2016 $ 42 529

Sangamo Biosciences, Inc. - Product Pipeline Review - 2 ...

June 2016 $ 42 529

Pituitary Acth Hypersecretion (cushing Disease) - Pipel ...

June 2016 $ 42 529

Mucopolysaccharidosis Iii (mps Iii) (sanfilippo Syndrom ...

June 2016 $ 42 529

Toxoplasmosis - Pipeline Review, H1 2016

June 2016 $ 42 529

Nanotherapeutics, Inc. - Product Pipeline Review - 2016

June 2016 $ 42 529

Mucopolysaccharidosis I (mps I) (hurler Syndrome ) - Pi ...

June 2016 $ 42 529

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.