Global Biotechnology Market Size & Outlook, 2023-2030
Global biotechnology market, 2018-2030 (US$M)
Related Markets
Global biotechnology market highlights
- The global biotechnology market generated a revenue of USD 1,553,854.0 million in 2023 and is expected to reach USD 3,879,508.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14% by 2030.
- In terms of segment, health accounted for a revenue of USD 692,622.7 million in 2023.
- Bioinformatics is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,553,854.0 million |
| Market revenue in 2030 | USD 3,879,508.3 million |
| Growth rate | 14% (CAGR from 2023 to 2030) |
| Largest segment | Health |
| Fastest growing segment | Bioinformatics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Health, Food & Agriculture, Natural reseources & Environment, Industrial Processing, Bioinformatics, Others Applications |
Other key industry trends
- In terms of revenue, the North America accounted for 41.4% of the global biotechnology market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 14,806.5 million by 2030.
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Biotechnology Market Scope
Biotechnology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global biotechnology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biotechnology market will help companies and investors design strategic landscapes.
Health was the largest segment with a revenue share of 44.57% in 2023. Horizon Databook has segmented the Global biotechnology market based on health, food & agriculture, natural reseources & environment, industrial processing, bioinformatics, others applications covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Biotechnology Application Outlook (Revenue, USD Million, 2018-2030)
- Health
- Food & Agriculture
- Natural reseources & Environment
- Industrial Processing
- Bioinformatics
- Others Applications
- Global Biotechnology Technology Outlook (Revenue, USD Million, 2018-2030)
- DNA Sequencing
- Nanobiotechnology
- Tissue engineering and Regeneration
- Fermentation
- Cell Based Assay
- PCR Technology
- Chromatography Market
- Others
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Target buyers of Global biotechnology market databook
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Our clientele includes a mix of biotechnology market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global biotechnology market , including forecasts for subscribers. This global databook contains high-level insights into Global biotechnology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global biotechnology market size, by regions, 2018-2030 (US$M)
Top 10 countries: Biotechnology market size, 2023 (US$M)
Global biotechnology market share, by application, 2023 & 2030 (%, US$M)
Biotechnology market: Opportunity assessment by country
Global biotechnology market, by region, 2023 (US$M)
Related regional statistics
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