The Biotechnology Services Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Biotechnology Services Market?
The Biotechnology Services Global Market Report 2025 has shown consistent growth in recent years. Its market size is expected to increase from $133.74 billion in 2024 to $140.24 billion in 2025, with a compound annual growth rate (CAGR) of 4.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Biotechnology Services Industry?
The Biotechnology Services Global Market is projected to reach a value of $171.87 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.2%.
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What are the Key Growth Drivers Fueling the Biotechnology Services Market?
The key drivers in the biotechnology services market are:
• Rapid advancements in technology and an emphasis on innovation
• Rising demand for agriculture-based biotechnology services and synthetic biology
• Developments and improvements in drug research, along with a growth in personalized treatment
• Increased collaboration and partnerships, along with investment in synthetic biology product development
Global Market Segmentation: Identifying Major Biotechnology Services Industry Segments
The biotechnology services market covered in this report is segmented –
1) By Service: Prevention And Disease Control, Public Engagement Activities, Health Education And Research, Food Biotechnology Services, Donor Recruitment, Tissue Collection, Cell Processing And Isolation, Research And Development
2) By Industry: Clinical Research Organizations (CROS), Contract Manufacturers Organizations (CMOS), And Contract Research And Manufacturing Services (CRAMS)
3) By Area Of Application: Pharmaceutical, Biotechnology, Academic, Clinical Trial, Healthcare Sectors, Others
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What are the Emerging Trends Shaping the Future of the Biotechnology Services Market?
The key trends in the biotechnology services market are:
• Strategic collaborations are becoming a prevalent trend in the biotechnology services market.
• The integration of data management systems via cloud technology is shaping the future of this market.
• The development and implementation of next-Generation Sequencing (NGS) technology is an emerging trend.
• Automation and the adoption of Artificial Intelligence technologies are significant drivers for future trends.
Who Are the Top Competitors & Leading Players in the Biotechnology Services Market?
Major companies in the biotechnology services market are:
• Parexel International Corporation
• Thermo Fisher Scientific
• Laboratory Corporation of America Holdings
• IQVIA
• ICON plc
• Charles River Laboratories
• Syneos Health
• Sartorius AG
• Precision for Medicine Inc.
• Novartis
• Eppendorf Asia Pacific Sdn. Bhd.
• Emmessar Biotech & Nutrition Ltd
• Vcanbio Cell & Gene Engineering Corp., Ltd
• Ke Rui Gene
• Absea Biotechnology Ltd
• CStone Pharm-B
• Daiichi Sankyo
• bitBiome
• Taisho Pharmaceutical
• AGC Biologics
• Hamamatsu Pharma Research
• Artios Pharma
• AstraZeneca
• Bio Products Laboratory (BPL)
• Cambridge Bioscience
• Shire Pharmaceuticals Ltd
• BTG Ltd
• eXmoor Pharma
• 4D Pharma PLC
• Touchlight Genetics
• Ophidia Medical Technologies
• ATAI Life Sciences
• Phaseform
• Evotec
• Sanity Group
• Primmbiotech Vaccitech
• Biolat
• Asla-Biotech
• Genera
• Anima Lab
• Silvanols
• OU TBD-Biodiscovery
• Qvalitas Arstikeskus AS
• Concise Systems OU
• GPE Globalpharma OU
• Belarusian National Biotechnology Corporation
• Innothera
• Olainfarm
• Pharmaidea
• Amgen Inc.
• Gilead Sciences
• Celgene Corporation
• Biogen Inc.
• Vertex Pharmaceuticals
• Illumina, Inc.
• Regeneron Pharmaceuticals Inc.
• Alexion Pharmaceuticals
• Hemostemix Inc.
• Resverlogix Corporation
• Zenith Epigenetics Corp.
• Bayer
• AMEGA Biotech
• Pierre Fabre
• Pfizer
• Quantificare
• Apsen Farmaceutica
• BioMarin Pharmaceutical
• DK Diagnostics
• Biosonda Biotechnology
• Laboratorios Legrand
• Biomerics
• Julphar Pharmaceuticals
• Medpharma
• Pharmax
• Neopharma
• City Breeze Technical Services
• CinnaGen
• BioSun Pharmed
• AryoGen Pharmed
• 4Clinics
• 54gene
• Amoun
• Aspen Pharmacare
• BBI Solutions
• BioTech Africa
• ClinArt MENA
• Crux Pharmaceuticals
• Genesis Pharmaceuticals
• Massive Genomics
• Mayne Pharma
• Sanofi Genzyme
• Teleflex Medical
• The Micron Group
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the biotechnology services market in 2024
