Forecast: Total Number of Scientific Publications in Biotechnology in Denmark

In examining the total number of scientific publications in biotechnology in Denmark, the series displayed fluctuations over the years. With an initial value of 59.46 in 2013, there were significant variations, e.g., a peak in 2015 with a 32.21% increase, and a notable dip in 2018 with a -10.53% decline. By 2023, the value stood at 69.09 publications, reflecting a slight annual increase of 0.94% from 2022.

The compound annual growth rate (CAGR) over the last five actual years (2019-2023) averaged 3.44%, showing a moderate upward trend despite periodic fluctuations. Looking forward from 2024, forecasts suggest a steady but modest increase with an expected annual growth of 0.6%, reaching up to 71.84 publications by 2028.

Future trends to watch for include potential impacts of new research funding, policy changes, and technological advancements in biotechnology, which may accelerate growth rates and increase publication volumes.

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