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The global red biotechnology market attained USD 320 billion in 2020 and is expected to grow at a CAGR of 6% during the forecast period of 2023-2028 to reach a value of USD 454 billion by 2026.
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It is anticipated that the increasing awareness of chronic illness therapy and a strong pipeline of fresh therapeutic molecules will drive the global red biotechnology market.
Red biotechnology is a bio-pharmaceutical that involves the utilization of organisms to enhance health care and aid the body in fighting diseases.
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The global red biotechnology market is segmented into applications and end-uses.
Based on applications, the red biotechnology market can be segmented as:
Based on end-uses, the red biotechnology market can be divided as:
The EMR report looks into the regional red biotechnology markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Owing to the increasing demand for gene therapy, clinical research, and trials, the industry for red biotechnology is increasing. People have begun to preserve their stem cells at the moment of birth because of growing awareness, and red biotechnology makes an enormous profit in this segment. The red biotechnology market is aided by the growth of pharmaceutical companies. With the increasing number of patients suffering from cancer globally, red biotechnology applications are becoming common as it helps to understand the cause of the disease, thus, further aiding the growth of the red biotechnology market. The industry is being fuelled by the increased financing in the healthcare industry.
The report presents a detailed analysis of the following key players in the global red biotechnology industry, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, End Use, Region |
Breakup by Application | Biopharmaceutical Production, Gene Therapy, Pharmacogenomics, Genetic Testing |
Breakup by End Use | Pharmaceutical Industry, CMO & CRO, Research Institutes, Others |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Pfizer Inc. (NYSE: PFE), Biogen Inc. (NASDAQ: BIIB), Amgen Inc. (NASDAQ: AMGN), AstraZeneca Plc. (LON: AZN), Gilead Sciences, Inc. (NASDAQ: GILD), F. Hoffmann-La Roche, Ltd. (SWX: ROG), Merck KGaA (ETR: MRK), Bristol-Myers Squibb Company, Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN), Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Red Biotechnology Market Analysis
8.1 Key Industry Highlights
8.2 Global Red Biotechnology Historical Market (2018-2022)
8.3 Global Red Biotechnology Market Forecast (2023-2028)
8.4 Global Red Biotechnology Market by Application
8.4.1 Biopharmaceutical Production
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Gene Therapy
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Pharmacogenomics
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Genetic Testing
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.5 Global Red Biotechnology Market by End-use
8.5.1 Pharmaceutical Industry
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 CMO & CRO
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Research Institutes
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Red Biotechnology Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Pfizer Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Biogen Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Amgen Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Astrazeneca Plc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Gilead Sciences, Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 F. Hoffmann-La Roche, Ltd.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Merck KGaA
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Bristol-Myers Squibb Company
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Regeneron Pharmaceuticals Inc.
12.2.9.1 Company Overview
12.2.9.2 Product Portfolio
12.2.9.3 Demographic Reach and Achievements
12.2.9.4 Certifications
12.2.10 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Red Biotechnology Market: Key Industry Highlights, 2018 and 2028
2. Global Red Biotechnology Historical Market: Breakup by Application (USD Million), 2018-2022
3. Global Red Biotechnology Market Forecast: Breakup by Application (USD Million), 2023-2028
4. Global Red Biotechnology Historical Market: Breakup by End-use (USD Million), 2018-2022
5. Global Red Biotechnology Market Forecast: Breakup by End-use (USD Million), 2023-2028
6. Global Red Biotechnology Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Red Biotechnology Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Red Biotechnology Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Red Biotechnology Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Red Biotechnology Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Red Biotechnology Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Red Biotechnology Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Red Biotechnology Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Red Biotechnology Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Red Biotechnology Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Red Biotechnology Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Red Biotechnology Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Red Biotechnology Market Structure
In 2020, the global red biotechnology market attained a value of nearly USD 320 billion.
The market is projected to grow at a CAGR of 6% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 454 billion by 2026.
The major drivers of the industry, such as the increasing awareness of chronic illness therapy and a strong pipeline of fresh therapeutic molecules, are expected to aid the market growth.
The key market trend guiding the industry growth include the rising investments into the healthcare industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Biopharmaceutical production, gene therapy, pharmacogenomics, and genetic testing are the leading application segments of the product in the industry.
Pharmaceutical industry, CMO and CRO, and research institutes, among others, are the significant end-uses of the product in the market.
The major players in the industry are Pfizer Inc., Biogen Inc., Amgen Inc., AstraZeneca Plc., Gilead Sciences, Inc., F. Hoffmann-La Roche, Ltd., and Merck KGaA, Bristol-Myers Squibb Company, Regeneron Pharmaceuticals Inc., among others.
The global red biotechnology market attained a value of USD 320 billion in 2020, driven by the increasing awareness of chronic illness therapy. Aided by the strong pipeline of fresh therapeutic molecules, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6%. The market is projected to reach USD 454 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on applications, the red biotechnology industry can be segmented into biopharmaceutical production, gene therapy, pharmacogenomics, and genetic testing. On the basis of end-use, the industry is divided into pharmaceutical industry, CMO and CRO, research institutes, and others. The major regional markets for red biotechnology are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Pfizer Inc., Biogen Inc., Amgen Inc., AstraZeneca Plc., Gilead Sciences, Inc., F. Hoffmann-La Roche, Ltd., and Merck KGaA, Bristol-Myers Squibb Company, Regeneron Pharmaceuticals Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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