Biotechnology Services Market Growth, Industry Trends, Demand Factors Report 2021-2030

Posted September 8, 2021 by BharadwajReddy

Global Biotechnology Services Market by The Business Research Company is segmented as Prevention and Disease Control, Public Engagement Activities, Health Education and Research

Biotechnology Services Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the biotechnology services industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected biotechnology services market growth numbers 2021-2030.

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The Biotechnology Services Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global biotechnology services market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Biotechnology Services Global Market Report 2021 covers biotechnology services market drivers, biotechnology services market trends, biotechnology services market growth rate, biotechnology services market major players, player-adopted strategies in the market, and biotechnology services market size.

The global biotechnology services market is expected to grow from $150.37 billion in 2020 to $163.92 billion in 2021 at a compound annual growth rate (CAGR) of 9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $265.1 billion in 2025 at a CAGR of 12.8%.

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The report covers the biotechnology services market segments-

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

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Issued By TBRC
Country United States
Categories Services
Tags biotechnologyservicesmarket , biotechnologyservicesmarketgrowth , biotechnologyservicesmarkettrends , tbrc
Last Updated September 8, 2021