Biotechnology instruments find wide applications in genomics, proteomics, cell analysis, drug development & discovery, bioanalytical instrumentation, and analytical systems. Routine operations like cell culture, isolation, counting, analysis, transfection, separation, manipulation, and observation are eased with these instruments.
The global Biotechnology Instruments Market is estimated to be valued at US$ 57.00 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The adoption of advanced technologies is accelerating the growth of the biotechnology instruments market. Technologies such as machine learning, artificial intelligence, and predictive analytics has enabled real-time monitoring, high-throughput screening, and improved diagnostics. These advanced analytics tools help researchers analyze massive amounts of data and gain actionable insights into disease diagnosis and drug development. Companies are increasingly focusing on developing innovative biotechnology instruments integrated with these new age technologies. For instance, Thermo Fisher Scientific launched several technology-driven instruments such as Q Exactive, which uses advanced Orbitrap-based mass spectrometry techniques for proteomics and metabolomics research. Emerging technologies are thus expected to transform the biotechnology instruments market over the forecast period.
Segment Analysis
The global biotechnology instruments market is dominated by the nanotechnology sub-segment. Nanotechnology in biotechnology instruments involves the development and use of devices and materials such as nanoparticles, nanopores, nanotubes and nanolithography for applications in biotechnology. This sub-segment dominated owing to its widespread applications in areas such as development of biosensors, drug delivery, and biomedical imaging which are witnessing significant increase in demand.
Key Takeaways
The global biotechnology instruments market is expected to witness high growth over the forecast period of 2023 to 2030. Market size is projected to reach US$ 57.00 Bn by 2024.
Regional analysis: North America currently dominates the global market due to presence of major biotechnology research centers and significant funding in biotechnology research in the region. Asia Pacific is expected to witness fastest growth over the forecast period with China and India emerging as major biotechnology hubs.
Key players: Key players operating in the biotechnology instruments market are CooperSurgical, Inc., MedGyn Products, Inc., Thomas Medical, Inc., Smiths Medical, Milex Products, Inc., Personal Medical Corp., Panpac Medical Corp., Gyneas, Uromed Kurt Drews KG, Integra LifeSciences Corporation, Boston Scientific Corporation, Cook Medical, Medtronic plc, C. R. Bard, Inc. (BD), Coloplast A/S.
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Biotechnology Instruments Market size is projected to reach USD 59.6 Billion by 2027 from an estimated USD 41 Billion in 2020, growing at a CAGR of 5.4% globally.
Approximately 6,000 years ago, humans utilized the biological methods of microorganisms to make alcoholic beverages, bread, cheese, and to preserve dairy products.
This report categorizes the market broadly by categorizing the market by Application, Type, and Geographic Region.
This study provides insights into the impact of global and local market experts, value chain optimization, probabilistic research, technical objectives, product launches, and critical market growth reviews.Key Prominent Players In The Biotechnology Instruments Market:Abbott,Agilent Technologies,Alcon, Inc.,AngioDynamics,Becton, Dickinson, and Company,BioMerieux SA,Bio-Rad Laboratories,BioTek Instruments, Inc.,Candela Medical,Cynosure, LLC,Danaher Corporation,Endress+Hauser (Analytik Jena GmbH),F. Hoffmann-La Roche Ltd.,IIlumina Inc. MedizinSysteme Know More About The Global Trends Impacting The Future, Download A PDF Sample@:https://www.introspectivemarketresearch.com/request/15976The research reports on the Global Biotechnology Instruments Market 2021 cover all the large regions, not just the small regions around the world.
The report focused on market size, value, product sales and growth opportunities in the region.
In addition to providing valuable insights into customers and industries, market research also analyzed competitiveness.
The research report includes specific segments by region (country), by manufacturers, by Type and by Application.
Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027.
Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/67719/global-mali-high-purity-c-acid-2021-457Segment by Type:DL-Malic AcidL-Malic AcidSegment by Application:Food & BeveragePharmaceuticalsChemicalOthersBy Company:Fuso ChemicalBartekIsegenPolyntThirumalai ChemicalsYongsan ChemicalsMC Food SpecialtiesTate & LyleChangmao Biochemical EngineeringSealong BiotechnologyJinhu Lile BiotechnologyProduction by Region:North AmericaEuropeChinaJapanConsumption by Region:North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaU.A.EGet the Complete Report & TOC @ https://www.24chemicalresearch.com/reports/67719/global-mali-high-purity-c-acid-2021-457CONTACT US:North Main Road Koregaon Park, Pune, India - 411001.International: +1(646)-781-7170Asia: +91 9169162030Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/24chemicalresearch/
