The total number of scientific publications in biotechnology in Singapore has shown varied trends over the years. From 2013 to 2015, there was modest growth, but from 2016 onwards, a decline set in until 2019. In 2020, the trend shifted with a noticeable increase, followed by minimal variations in the subsequent years. The CAGR from 2013 displays a progressive reduction, notably negative from 2018 up to 2020, with a slight recovery into positive territory by 2023. As we look towards the forecasted data from 2024 to 2028, there is a modest upward trend projected, with an average annual growth rate (CAGR) of 0.14%.
Future trends to watch for:
- The impact of policy changes and funding towards biotechnology research in Singapore.
- The potential influence of global biotechnology advancements and collaborations.
- The role of private sector investments and commercialization of research.
- Technological innovations such as AI in boosting publication rates.