Preview

Marketline Industry Profile: Global Biotechnology

Powerful Essays
Open Document
Open Document
6356 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketline Industry Profile: Global Biotechnology
MarketLine Industry Profile

Global Biotechnology
February 2015
Reference Code: 0199-0695

Publication Date: February 2015

WWW.MARKETLINE.COM
MARKETLINE. THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED

Global - Biotechnology
© MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED

0199 - 0695 - 2014
Page | 1

EXECUTIVE SUMMARY
Market value
The global biotechnology industry grew by 4.7% in 2014 to reach a value of $323.1 billion.

Market value forecast
In 2019, the global biotechnology industry is forecast to have a value of $427.3 billion, an increase of 32.2% since 2014.

Category segmentation
Medical/healthcare is the largest segment of the global biotechnology industry, accounting for 59.1% of the industry's total value.

Geography segmentation
Americas accounts for 44.5% of the global biotechnology industry value.

Market rivalry
Rapid industry growth should encourage new players into the industry, and also ease rivalry, which is assessed as moderate overall.

Global - Biotechnology
© MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED

0199 - 0695 - 2014
Page | 2

TABLE OF CONTENTS
Executive Summary ....................................................................................................................................................... 2
Market value............................................................................................................................................................... 2
Market value forecast ................................................................................................................................................. 2
Category segmentation .............................................................................................................................................. 2
Geography segmentation

You May Also Find These Documents Helpful

  • Powerful Essays

    Monsanto Harvest with Fear

    • 5210 Words
    • 21 Pages

    James, C. (2005). Global Status of Commercialized Biotech/GM Crops: 2005. ISAAA Briefs No. 34. Ithaca, NY: International Service for the Acquisition of Agri-biotech Applications.…

    • 5210 Words
    • 21 Pages
    Powerful Essays
  • Satisfactory Essays

    PESTAL analysis shows that the Political, Legal, Economic, and Social-Cultural environments were changing significantly in the biotechnology sector by the late 2000 's. The economic stimulus package and the Healthcare Reform Act were both bringing about increased government oversight to the industry, which could mean that time to market for new products could be increased and the potential that some products would not receive accreditation from regulating bodies meaning that sales and revenue could be impacted.…

    • 1095 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Biotechnology, at its simplest is technology based on biology – it employs the use of cellular and bimolecular processes to develop products and technologies. The variety of living cells used for their biochemical talents range from simple singled-cells bacteria and yeast to complex multi-cellular organisms, such as plants and humans. Over the years, biotechnology has been a rapidly developing area of science that seeks to improve living conditions for all people across the world. Although the word biotechnology carries modern connotations, humans have used biological processes involving microorganisms for thousands of years in aiding the production of food products. A few of the most prominent and areas of science that utilises biotechnology are; cloning, IVF and stem cell research.…

    • 1631 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Miss

    • 8881 Words
    • 29 Pages

    With a calculation that high, it is clear that government regulation would be necessary. Genes Social Factors Genetically modified organisms as food sources also provide a lot of revenue and business. The United States government is currently in support of biologically engineered food sources. The national Food and Drug Administration has regulation on this currently. However, much of the controversy that surrounds this revolve around the loop holes that do not provide companies to disclose information surrounding the ingredients used.…

    • 8881 Words
    • 29 Pages
    Powerful Essays
  • Good Essays

    Technology has improved the human species by providing information around the world, leading to developments in different countries. Biotechnology is improving the world of medicine, agriculture, and energy production. In the medical world, technology has a big impact by helping scientists and doctors figure out how to fight off diseases and viruses. For example, there are two individuals, one who has malaria and the other has built up a resistance to malaria. Knowing that an individual has built up resistance to malaria can help, simply by taking a sample of their blood and uploading it to a computer. Scientists will trying to figure out what is the cause for this resistance to malaria, they will have to break down the DNA of the individual who is immune and simply extract the gene repelling malaria. With this knowledge there will be fewer deaths to groups of individuals who have not genetically build up a resistance to malaria in high risk countries. The downfall to biotechnology in the medical world is finding test subjects that will comply with the testing’s. Once the scientists and doctors find a concrete solution, they will be approved by the FDA to release their material to the general public. In the agricultural world, technology has helped us improve plants to become more stable and be able to sustain life in certain temperatures. With the creation of the microscope, we can see what genes we can take out the plant and add to the plant cell, so it can become a super plant. As we grow, global warming is causing the Earth to become hotter each year. Therefore we are then creating plants that can sustain life with less water than the original. We know that with every step we take to advance in this world there is a downfall. The downfall for biotechnology in the agriculture world would be time…

    • 1132 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Pro Gmo Executive Summary

    • 757 Words
    • 4 Pages

    Census Bureau, the current world population is over 7 billion as of 2012, which is approximately double of what it what in the 1960’s. Out of those 7 billion worldwide, the U.S. constitutes over 3 billion. GMO have many benefits such as; increased production in quantities of food, lower pesticide use, and growing products with a specific desired trait. GM seeds allow farmers to produce bigger, more reliable crops. Plant breeding also results in crops better able to withstand the environmental challenges of drought, disease and insect infestations. This allows farmers to grow more food, and increase profitable crops for the marketplace. Nutrition-enhanced GM crops help to significantly decrease malnutrition. Ultimately, this also allows cheaper consumer prices for GM foods at the marketplace. An Iowa State University study shows that without biotechnology, global prices would be nearly 10 percent higher for soybeans and 6 percent higher for corn. With the exponential growth of the human population, GM crops may be the only way to ensure that worldwide food production keeps…

    • 757 Words
    • 4 Pages
    Good Essays
  • Better Essays

    “Biotechnology has been used for more than 6,000 years for lots of interesting and practical purposes: making food such as bread and cheese, preserving dairy products and fermenting beer” (Biotechnology - Promising a Brighter Future for the World). Although we do not always realize it, biotechnology is a huge part of our everyday lives, from the medicine we use to keep us healthy, the fuel we use to take us where we need to go, and even the food we eat and the sources it comes from, biotechnology already plays, and must continue to play, an invaluable role in meeting our needs. Biotechnology uses cellular and bio-molecular processes to develop technologies and products that help improve our lives and the health of our planet. It has granted us the ability to overcome physiological barriers and to exchange genetic materials among living organisms. Genetically modified foods are the latest contribution of biotechnology. These foods are being made by inserting genes from an external source such as viruses, bacteria, animals or plants into a usually unrelated species. The use of recombinant DNA technology has the potential to allow humans to create desired and designed foods.…

    • 1154 Words
    • 5 Pages
    Better Essays
  • Good Essays

    CHIPOTLE

    • 1060 Words
    • 5 Pages

    Threat of new entrants are favourable because the general industry requires high capital and experience. New…

    • 1060 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Fame Museum Proposal

    • 710 Words
    • 3 Pages

    Biotechnology is not a new science. It goes as far back as 500 B.C. It is beneficial with the development of medication, research on drugs, stem cell research, gene testing and therapy. “Modern biotechnology provides breakthrough products and technologies to combat debilitating and rare diseases, reduce our environmental footprint, feed the hungry, use less and cleaner energy, and have safer, cleaner and more efficient industrial manufacturing processes.” (What is Biotechnology? http://www.bio.org/articles/what-biotechnology). Biotechnology has made major strides in healthcare like the eradication of small pox or gene therapy to help people battle auto immune diseases.…

    • 710 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Biotechnology has been the source of lots of controversy. There are those that love Biotechnology and dream of all the great things it could bring to mankind. There are also those who see it as threat to mankind, something that could possibly overthrow our current society. James Watson, who along with Francis Crick discovered the double helix structure of DNA, exerts that this controversy is not deserved. He believes that it is pertinent for our future, that it could benefit mankind. Francis Fukuyama, a professor at John Hopkins School of Advanced International Studies and author of the influential best seller Our Posthuman Future, insists that “… our compulsion to control and manipulate natural processes, including the human genome, will ultimately undermine nature itself (Fukuyama 668).” This viewpoint is concerned with conserving mankind as it is. There must be a place in between, a stance that both sides agree on.…

    • 1076 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Should Gmo Be Banned

    • 1576 Words
    • 7 Pages

    The United States accounts for nearly two-thirds of all biotechnology crops planted globally. According to the fact sheet which was produced by the Pew Initiative on Food and Biotechnology, about 672 million acres of land are under cultivation,since 1996 the United States has…

    • 1576 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Bibliography: Becker, Geoffrey & Cowan, Tadlock (2006): Agricultural Biotechnology: Background and Recent Issues. Washington D.C.: Congressional Research Service downloaded at www.ait.org.tw/infousa/enus/economy/industry/docs/73949.pdf on 23.04.2011.…

    • 1450 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    DNA Sequencing

    • 3008 Words
    • 8 Pages

    The article focuses on the advances achieved in DNA sequencing by first providing a brief background on DNA, and how it was initially sequenced. The paper then takes into consideration four of the major DNA sequencing techniques. These include: Sanger’s Chain Termination Method, Pyrosequencing, Single Molecule Real-Time Sequencing and Nanopore Technology. Finally, recent and future applications of DNA sequencing will be addressed.…

    • 3008 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Health Care Provider

    • 1280 Words
    • 6 Pages

    National Center for Biotechnology Information. (2006, December). Retrieved April 7, 2013, from Health for All in the 21st Century: http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1698153/…

    • 1280 Words
    • 6 Pages
    Good Essays
  • Better Essays

    recombinant dna technology

    • 1093 Words
    • 5 Pages

    According to one account, biotechnology was born during a meeting in Hawaii in 1972 between Stanford medical professor Stanley Cohen, and biochemist Herbert Boyer from the University of California (Russo, 2003). The men were attending a conference on plasmids, and discussed the ability to introduce plasmid DNA into the bacterium E Coli that would allow researchers to actually clone the plasmids in the bacteria. Boyer and Cohen eventually chose different paths, both affected by the growing concerns about the safety of recombinant DNA technology, but this meeting is marked as the beginning of the biotechnology revolution. Cohen stayed in academia and defended recombinant DNA technology in US congressional hearings. During the same time, in 1976 Herbert Boyer partnered with venture capitalist and MIT graduate Robert Swanson to set up and develop the worlds first biotechnology company, Genentech (Russo, 2003). Since its introduction in the 1970’s the biotechnology industry has exploded, revolutionizing science and agricultural as well as pharmaceutical production. In 2011, Ernst &Young stated in the US alone there were 1,870 public and private biotechnology companies, their revenues worth over 60 billion US dollars (www.ey.com, 2012).…

    • 1093 Words
    • 5 Pages
    Better Essays

Related Topics