Biotechnology Market Size Worth $727.12 Billion by 2026 | CAGR 6.84%
                     Biotechnology Market
Set to Exceed USD 727.12 Billion by 2026 | CAGR 6.84%
“Biotechnology Market Share, Size, Trends & Industry 
Analysis Report By Technology (Fermentation, Tissue 
Engineering and Regeneration, PCR Technology, 
Nanobiotechnology, Chromatography, DNA Sequencing, Cell 
Based Assays); By Application (BioPharmacy, BioServices, 
BioAgriculture, BioIndustrial, Bioinformatics); and By 
Regions: Segment Forecast, 2020 - 2026”
 Biotechnology Market Estimate & Forecast to 2026
The global biotechnology market is estimated to reach USD 727.12 billion by 2026 growing 
at a CAGR of 6.84% during the forecast period, according to a new study published by 
Polaris Market Research. 
 
Growing hepatitis B disease, increasing interest of horticultural items such as sugarcane, 
rice, beans, and wheat due from the increasing populations in economies such as U.S., China 
and India are expected to push the overall biotechnology market. The growth of this market 
is further propelled by elements such as deficiency of water, low yield of items, insect 
attacks, and constrained availability of agrarian land, which is promoting the companies to 
invest and conduct R&D activities at a broader scale. Another factor which is helping the 
market growth includes regenerative medicines. Existence of a huge section of businesses 
concentrating on the advancement of regenerative treatments is anticipated to push the 
market development through to 2026. Technological developments in the areas of artificial 
intelligence in this market is estimated to sustain progress with possible opportunities. The 
companies are engaged in using artificial intelligence in order to understand cancer cases, 
while working on the medical trials.
Encouraging government policies associated with biological advancements is also propelling 
the growth in this market. Established economies such as United States and UK and growing 
economies such as China and India are investing in the biotechnology R&D initiatives. 
Governments are associatinCgop ywrighit ©h P oplarrisi Mvaarkette Re sceaorcmh & pCoansnultiineg sLL Pf 2o01r8 . Aell xRipghats Rnedseirvnedg their research into this 2
domain.
Biotechnology Market Scope
By Technology By Application By Region
• Fermentation • BioPharmacy • North America (U.S., Canada)
• Tissue Engineering and • BioServices • Europe (Germany, UK, France, Spain, 
Regeneration Italy, Netherlands)
• BioAgriculture
• PCR Technology • Asia Pacific (China, India, Japan, Korea 
• BioIndustrial Thailand, Singapore, Malaysia)
• Nanobiotechnology
• Bioinformatics • Latin America (Mexico, Brazil)
• Chromatography
• Middle East & Africa (Saudi Arabia, 
• DNA Sequencing UAE, Nigeria, South Africa)
• Cell Based Assays
• Others
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Biotechnology Market Estimate & Forecast to 2026
Bioinformatics is anticipated to witness the fastest growth in the coming years. 
Developments in data combination tools through cloud computing platform facilitate 
analysis and assistance to process enormous next-generation sequencing information. 
These advancements are approximated to greatly boost adoption of bioinformatics tools in 
numerous life sciences applications in the near future. Application of nanotechnology-based 
products is anticipated to improve development in this sector. Reducing costs and increase 
in number of services related to biotechnology are expected to drive the market with 
profitable avenues.
Access Research Report On Biotechnology Market
North American pharma and biotech organizations have experienced excellent success in 
last couple of years resulting in a larger market share. Universities and research institutes 
are also introducing various biotech-based programs which would help the market to gain 
its much-required traction. The Asia Pacific  market on the other hand is anticipated to grow 
at the most significant rate due to improving and growing healthcare infrastructure coupled 
with local companies in this region focusing on developing advanced medicines to cure 
chronic diseases such as cancer with the help of biotechnology. With strong government and 
federal assistance and recruitment of extremely trained researchers has made it possible for 
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countries such as China and India to swiftly develop capacity for regenerative medication. 
Biotechnology Market Size
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