Report cover image

Global Biotechnology Market Summary, Competitive Analysis and Forecast to 2028

Publisher MarketLine
Published Feb 23, 2024
Length 53 Pages
SKU # MTLN18746711

Description

Global Biotechnology Market Summary, Competitive Analysis and Forecast to 2028


Summary

Global Biotechnology industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The biotechnology market encompasses a broad range of technologies, products, and services that utilize biological systems, organisms, or derivatives to develop or modify processes or products for specific applications.
  • The global biotechnology market recorded revenues of $1,037.4 billion in 2023, representing a compound annual growth rate (CAGR) of 10% between 2018 and 2023.
  • The medical/healthcare segment accounted for the market's largest proportion in 2023, with total revenues of $667.1 billion, equivalent to 64.3% of the market's overall value.
  • The global biotechnology market is experiencing growth due to innovation and the potential for significant therapeutic developments. Germany's biotechnology market is focusing on research and development, with numerous businesses investing in this field. For instance, in April 2023, Boehringer Ingelheim opened its new Biologicals Development Centre in Biberach a der Riß, Germany, with R&D financing totaling EUR350 million ($413.9 million), marking the company's largest single investment in Germany to date.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the biotechnology market in the global
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global biotechnology market
  • Leading company profiles reveal details of key biotechnology market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Global biotechnology market with five year forecasts
Reasons to Buy
  • What was the size of the Global biotechnology market by value in 2023?
  • What will be the size of the Global biotechnology market in 2028?
  • What factors are affecting the strength of competition in the Global biotechnology market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global's biotechnology market?

Table of Contents

53 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What is the rationale behind recent M&A activity?
8 Company Profiles
8.1. Johnson & Johnson
8.2. Novartis AG
8.3. Bayer AG
8.4. BioNTech SE
8.5. Takeda Pharmaceutical Company Limited
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Global biotechnology industry value: $ million, 2018-23
Table 2: Global biotechnology industry category segmentation: % share, by value, 2018-2023
Table 3: Global biotechnology industry category segmentation: $ million, 2018-2023
Table 4: Global biotechnology industry geography segmentation: $ million, 2023
Table 5: Global biotechnology industry value forecast: $ million, 2023-28
Table 6: Johnson & Johnson: key facts
Table 7: Johnson & Johnson: Annual Financial Ratios
Table 8: Johnson & Johnson: Key Employees
Table 9: Johnson & Johnson: Key Employees Continued
Table 10: Novartis AG: key facts
Table 11: Novartis AG: Annual Financial Ratios
Table 12: Novartis AG: Key Employees
Table 13: Bayer AG: key facts
Table 14: Bayer AG: Annual Financial Ratios
Table 15: Bayer AG: Key Employees
Table 16: Bayer AG: Key Employees Continued
Table 17: BioNTech SE: key facts
Table 18: BioNTech SE: Annual Financial Ratios
Table 19: BioNTech SE: Key Employees
Table 20: Takeda Pharmaceutical Company Limited: key facts
Table 21: Takeda Pharmaceutical Company Limited: Annual Financial Ratios
Table 22: Takeda Pharmaceutical Company Limited: Key Employees
Table 23: Takeda Pharmaceutical Company Limited: Key Employees Continued
Table 24: Global exchange rate, 2019-23
List of Figures
Figure 1: Global biotechnology industry value: $ million, 2018-23
Figure 2: Global biotechnology industry category segmentation: $ million, 2018-2023
Figure 3: Global biotechnology industry geography segmentation: % share, by value, 2023
Figure 4: Global biotechnology industry value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the global biotechnology industry, 2023
Figure 6: Drivers of buyer power in the global biotechnology industry, 2023
Figure 7: Drivers of supplier power in the global biotechnology industry, 2023
Figure 8: Factors influencing the likelihood of new entrants in the global biotechnology industry, 2023
Figure 9: Factors influencing the threat of substitutes in the global biotechnology industry, 2023
Figure 10: Drivers of degree of rivalry in the global biotechnology industry, 2023

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us