Biotechnology Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2025
Category: #health  By Partha Ray  Date: 2019-08-09
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Biotechnology Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2025

Biotechnology Market size was valued at USD 399.4 billion in 2017 and is expected to witness 9.9% CAGR from 2018 to 2024. Touted to be one of the most pronounced verticals of the healthcare space, biotechnology market share, as claimed by experts, is all set to soar with numerous growth avenues springing by the day. The industry undeniably deserves credit for having brought forth numerous astounding products that have bolstered the quality of human life and solved integral problems. The global biotechnology market is projected to record a highly commendable y-o-y growth rate ahead, owing to the surging incidences of chronic conditions such as cardiac disorders, cancer,  diabetes, and others across the globe.

 

Request for a sample of this research report @  https://www.gminsights.com/request-sample/detail/784

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Abbott Laboratories
2. Agilent Technologies, Inc.
3. Amgen Inc
4. Biogen Scientific
5. Dexcom Inc.
6.  Bio-Rad Laboratories, Inc.
7. Danaher Corporation

8. F. Hoffmann-La Roche Ltd.

Logically speaking, as the burden of these diseases increases it becomes imperative to combat them on scale, and that is where biotechnology comes into play. From genetically modified foods to diagnostic & preventative agents to environmental products and bio-based pest control, biotechnology is ubiquitous and plays a prominent role everywhere.

Browse Report Summary @ https://www.gminsights.com/industry-analysis/biotechnology-market

Abbott seeks new acquisition to develop treatment for diseased mitral valves

Abbott has reportedly exercised its option to acquire Cephea Valve Technologies Incorporation, a medical device maker fabricating a minimally-invasive cardiac valve replacement technology for patients suffering with mitral valve disease. This acquisition would further augment Abbott’s pinnacle position in the therapies market for mitral valve disease, a commonly occurring heart valve disease.

Bio-Rad Laboratories unveils NGC Fraction Collector

Bio-Rad Laboratories Incorporation has reportedly unveiled the NGC Fraction Collector to be used for NGC Chromatography Systems. The NGC platform augments purification efficacy and offers researchers consummate control over the processes. The NGC Fraction Collector enables researchers to elect how to gather and when to address the fractions. Reportedly, the system could be prompted to collect on the basis of pH, buffer percent from pump B, slope, and detector indications. Front-to-back dispensing offers ease of access to fractions before process completion for quicker downstream examination. It operates on ChromLab™ 5.0 Software and ensures no sample loss through auto sample tube calculation.

More insightful info @ https://www.marketwatch.com/press-release/biotechnology-market-demand-growth-opportunities-top-key-player-and-forecast-to-2025-2019-07-17

It is thus rather discernible that biotechnology market is on its way to crop up as one of the most prominently remunerative business spheres. The growth projection for the biotechnology industry appears to be rather pronounced in the coming times, given the intensifying commercial consumption of this technology across an array of industries. As per estimates, biotechnology market size is poised to exceed a colossal USD 775 billion by 2024.

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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