Towards Healthcare
Biotechnology Market Soars 12.5% CAGR to Hit $5036.46 Bn by 2034

Biotechnology Market Size, Demand & Production Forecast 2034

Market insights predict the global biotechnology industry will increase to USD 5036.46 billion by 2034 rapidly fueled by breakthroughs in healthcare, agriculture, and industry. With a 12.5% CAGR over the next decade, innovations in gene therapy, CRISPR, AI-driven drug discovery, and mRNA tech are leading the way, especially in cancer and rare diseases. North America leads the charge.

Executive Summary

  • Market Overview
  • Key Findings
  • Market Trends
  • Growth Opportunities
  • Market Value and Volume Summary

Introduction

  • Definition of Biotechnology
  • Market Scope
  • Methodology

Market Dynamics

  • Drivers
  • Restraints
  • Opportunities
  • Challenges

Market Segments

By Application, Value and Volume (Current & Forecast)

  • Bio-pharmacy
  • Bio-industries
  • Bio-services
  • Bio-agriculture
  • Bio-informatics

By Technology, Value and Volume (Current & Forecast)

  • Fermentation
  • Tissue Engineering and Regeneration
  • Polymerase Chain Reaction (PCR) Technology
  • Nanobiotechnology
  • Chromatography
  • Deoxyribonucleic Acid (DNA) Sequencing
  • Cell Based Assay
  • DNA Sequencing
  • Others

By Geography, Value and Volume (Current & Forecast)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Cross Segmentations

Biotechnology Market by Application and Technology

  • Bio-pharmacy
    • Fermentation
      • Market Value and Volume (Current & Forecast)
    • Tissue Engineering and Regeneration
      • Market Value and Volume (Current & Forecast)
    • Polymerase Chain Reaction (PCR) Technology
      • Market Value and Volume (Current & Forecast)
    • Nanobiotechnology
      • Market Value and Volume (Current & Forecast)
    • Chromatography
      • Market Value and Volume (Current & Forecast)
    • Deoxyribonucleic Acid (DNA) Sequencing
      • Market Value and Volume (Current & Forecast)
    • Cell Based Assay
      • Market Value and Volume (Current & Forecast)
    • DNA Sequencing
      • Market Value and Volume (Current & Forecast)
    • Others
      • Market Value and Volume (Current & Forecast)
  • Bio-industries
    • Fermentation
      • Market Value and Volume (Current & Forecast)
    • Tissue Engineering and Regeneration
      • Market Value and Volume (Current & Forecast)
    • Polymerase Chain Reaction (PCR) Technology
      • Market Value and Volume (Current & Forecast)
    • Nanobiotechnology
      • Market Value and Volume (Current & Forecast)
    • Chromatography
      • Market Value and Volume (Current & Forecast)
    • Deoxyribonucleic Acid (DNA) Sequencing
      • Market Value and Volume (Current & Forecast)
    • Cell Based Assay
      • Market Value and Volume (Current & Forecast)
    • DNA Sequencing
      • Market Value and Volume (Current & Forecast)
    • Others
      • Market Value and Volume (Current & Forecast)
  • Bio-services
    • Fermentation
      • Market Value and Volume (Current & Forecast)
    • Tissue Engineering and Regeneration
      • Market Value and Volume (Current & Forecast)
    • Polymerase Chain Reaction (PCR) Technology
      • Market Value and Volume (Current & Forecast)
    • Nanobiotechnology
      • Market Value and Volume (Current & Forecast)
    • Chromatography
      • Market Value and Volume (Current & Forecast)
    • Deoxyribonucleic Acid (DNA) Sequencing
      • Market Value and Volume (Current & Forecast)
    • Cell Based Assay
      • Market Value and Volume (Current & Forecast)
    • DNA Sequencing
      • Market Value and Volume (Current & Forecast)
    • Others
      • Market Value and Volume (Current & Forecast)
  • Bio-agriculture
    • Fermentation
      • Market Value and Volume (Current & Forecast)
    • Tissue Engineering and Regeneration
      • Market Value and Volume (Current & Forecast)
    • Polymerase Chain Reaction (PCR) Technology
      • Market Value and Volume (Current & Forecast)
    • Nanobiotechnology
      • Market Value and Volume (Current & Forecast)
    • Chromatography
      • Market Value and Volume (Current & Forecast)
    • Deoxyribonucleic Acid (DNA) Sequencing
      • Market Value and Volume (Current & Forecast)
    • Cell Based Assay
      • Market Value and Volume (Current & Forecast)
    • DNA Sequencing
      • Market Value and Volume (Current & Forecast)
    • Others
      • Market Value and Volume (Current & Forecast)
  • Bio-informatics
    • Fermentation
      • Market Value and Volume (Current & Forecast)
    • Tissue Engineering and Regeneration
      • Market Value and Volume (Current & Forecast)
    • Polymerase Chain Reaction (PCR) Technology
      • Market Value and Volume (Current & Forecast)
    • Nanobiotechnology
      • Market Value and Volume (Current & Forecast)
    • Chromatography
      • Market Value and Volume (Current & Forecast)
    • Deoxyribonucleic Acid (DNA) Sequencing
      • Market Value and Volume (Current & Forecast)
    • Cell Based Assay
      • Market Value and Volume (Current & Forecast)
    • DNA Sequencing
      • Market Value and Volume (Current & Forecast)
    • Others
      • Market Value and Volume (Current & Forecast)

Biotechnology Market by Application and Geography

  • Bio-pharmacy
    • North America
      • U.S.
        • Market Value and Volume (Current & Forecast)
      • Canada
        • Market Value and Volume (Current & Forecast)
    • Europe
      • U.K.
        • Market Value and Volume (Current & Forecast)
      • Germany
        • Market Value and Volume (Current & Forecast)
      • France
        • Market Value and Volume (Current & Forecast)
    • Asia-Pacific
      • China
        • Market Value and Volume (Current & Forecast)
      • India
        • Market Value and Volume (Current & Forecast)
      • Japan
        • Market Value and Volume (Current & Forecast)
      • South Korea
        • Market Value and Volume (Current & Forecast)
    • Rest of the World
      • Market Value and Volume (Current & Forecast)
  • Bio-industries
    • North America
      • U.S.
        • Market Value and Volume (Current & Forecast)
      • Canada
        • Market Value and Volume (Current & Forecast)
    • Europe
      • U.K.
        • Market Value and Volume (Current & Forecast)
      • Germany
        • Market Value and Volume (Current & Forecast)
      • France
        • Market Value and Volume (Current & Forecast)
    • Asia-Pacific
      • China
        • Market Value and Volume (Current & Forecast)
      • India
        • Market Value and Volume (Current & Forecast)
      • Japan
        • Market Value and Volume (Current & Forecast)
      • South Korea
        • Market Value and Volume (Current & Forecast)
    • Rest of the World
      • Market Value and Volume (Current & Forecast)
  • Bio-services
    • North America
      • U.S.
        • Market Value and Volume (Current & Forecast)
      • Canada
        • Market Value and Volume (Current & Forecast)
    • Europe
      • U.K.
        • Market Value and Volume (Current & Forecast)
      • Germany
        • Market Value and Volume (Current & Forecast)
      • France
        • Market Value and Volume (Current & Forecast)
    • Asia-Pacific
      • China
        • Market Value and Volume (Current & Forecast)
      • India
        • Market Value and Volume (Current & Forecast)
      • Japan
        • Market Value and Volume (Current & Forecast)
      • South Korea
        • Market Value and Volume (Current & Forecast)
    • Rest of the World
      • Market Value and Volume (Current & Forecast)
  • Bio-agriculture
    • North America
      • U.S.
        • Market Value and Volume (Current & Forecast)
      • Canada
        • Market Value and Volume (Current & Forecast)
    • Europe
      • U.K.
        • Market Value and Volume (Current & Forecast)
      • Germany
        • Market Value and Volume (Current & Forecast)
      • France
        • Market Value and Volume (Current & Forecast)
    • Asia-Pacific
      • China
        • Market Value and Volume (Current & Forecast)
      • India
        • Market Value and Volume (Current & Forecast)
      • Japan
        • Market Value and Volume (Current & Forecast)
      • South Korea
        • Market Value and Volume (Current & Forecast)
    • Rest of the World
      • Market Value and Volume (Current & Forecast)
  • Bio-informatics
    • North America
      • U.S.
        • Market Value and Volume (Current & Forecast)
      • Canada
        • Market Value and Volume (Current & Forecast)
    • Europe
      • U.K.
        • Market Value and Volume (Current & Forecast)
      • Germany
        • Market Value and Volume (Current & Forecast)
      • France
        • Market Value and Volume (Current & Forecast)
    • Asia-Pacific
      • China
        • Market Value and Volume (Current & Forecast)
      • India
        • Market Value and Volume (Current & Forecast)
      • Japan
        • Market Value and Volume (Current & Forecast)
      • South Korea
        • Market Value and Volume (Current & Forecast)
    • Rest of the World
      • Market Value and Volume (Current & Forecast)

Biotechnology Market by Technology and Geography

  • Fermentation
    • North America
      • U.S.
        • Market Value and Volume (Current & Forecast)
      • Canada
        • Market Value and Volume (Current & Forecast)
    • Europe
      • U.K.
        • Market Value and Volume (Current & Forecast)
      • Germany
        • Market Value and Volume (Current & Forecast)
      • France
        • Market Value and Volume (Current & Forecast)
    • Asia-Pacific
      • China
        • Market Value and Volume (Current & Forecast)
      • India
        • Market Value and Volume (Current & Forecast)
      • Japan
        • Market Value and Volume (Current & Forecast)
      • South Korea
        • Market Value and Volume (Current & Forecast)
    • Rest of the World
      • Market Value and Volume (Current & Forecast)
  • Tissue Engineering and Regeneration
    • North America
      • U.S.
        • Market Value and Volume (Current & Forecast)
      • Canada
        • Market Value and Volume (Current & Forecast)
    • Europe
      • U.K.
        • Market Value and Volume (Current & Forecast)
      • Germany
        • Market Value and Volume (Current & Forecast)
      • France
        • Market Value and Volume (Current & Forecast)
    • Asia-Pacific
      • China
        • Market Value and Volume (Current & Forecast)
      • India
        • Market Value and Volume (Current & Forecast)
      • Japan
        • Market Value and Volume (Current & Forecast)
      • South Korea
        • Market Value and Volume (Current & Forecast)
    • Rest of the World
      • Market Value and Volume (Current & Forecast)
  • Polymerase Chain Reaction (PCR) Technology
    • North America
      • U.S.
        • Market Value and Volume (Current & Forecast)
      • Canada
        • Market Value and Volume (Current & Forecast)
    • Europe
      • U.K.
        • Market Value and Volume (Current & Forecast)
      • Germany
        • Market Value and Volume (Current & Forecast)
      • France
        • Market Value and Volume (Current & Forecast)
    • Asia-Pacific
      • China
        • Market Value and Volume (Current & Forecast)
      • India
        • Market Value and Volume (Current & Forecast)
      • Japan
        • Market Value and Volume (Current & Forecast)
      • South Korea
        • Market Value and Volume (Current & Forecast)
    • Rest of the World
      • Market Value and Volume (Current & Forecast)
  • Nanobiotechnology
    • North America
      • U.S.
        • Market Value and Volume (Current & Forecast)
      • Canada
        • Market Value and Volume (Current & Forecast)
    • Europe
      • U.K.
        • Market Value and Volume (Current & Forecast)
      • Germany
        • Market Value and Volume (Current & Forecast)
      • France
        • Market Value and Volume (Current & Forecast)
    • Asia-Pacific
      • China
        • Market Value and Volume (Current & Forecast)
      • India
        • Market Value and Volume (Current & Forecast)
      • Japan
        • Market Value and Volume (Current & Forecast)
      • South Korea
        • Market Value and Volume (Current & Forecast)
    • Rest of the World
      • Market Value and Volume (Current & Forecast)
  • Chromatography
    • North America
      • U.S.
        • Market Value and Volume (Current & Forecast)
      • Canada
        • Market Value and Volume (Current & Forecast)
    • Europe
      • U.K.
        • Market Value and Volume (Current & Forecast)
      • Germany
        • Market Value and Volume (Current & Forecast)
      • France
        • Market Value and Volume (Current & Forecast)
    • Asia-Pacific
      • China
        • Market Value and Volume (Current & Forecast)
      • India
        • Market Value and Volume (Current & Forecast)
      • Japan
        • Market Value and Volume (Current & Forecast)
      • South Korea
        • Market Value and Volume (Current & Forecast)
    • Rest of the World
      • Market Value and Volume (Current & Forecast)
  • Deoxyribonucleic Acid (DNA) Sequencing
    • North America
      • U.S.
        • Market Value and Volume (Current & Forecast)
      • Canada
        • Market Value and Volume (Current & Forecast)
    • Europe
      • U.K.
        • Market Value and Volume (Current & Forecast)
      • Germany
        • Market Value and Volume (Current & Forecast)
      • France
        • Market Value and Volume (Current & Forecast)
    • Asia-Pacific
      • China
        • Market Value and Volume (Current & Forecast)
      • India
        • Market Value and Volume (Current & Forecast)
      • Japan
        • Market Value and Volume (Current & Forecast)
      • South Korea
        • Market Value and Volume (Current & Forecast)
    • Rest of the World
      • Market Value and Volume (Current & Forecast)
  • Cell Based Assay
    • North America
      • U.S.
        • Market Value and Volume (Current & Forecast)
      • Canada
        • Market Value and Volume (Current & Forecast)
    • Europe
      • U.K.
        • Market Value and Volume (Current & Forecast)
      • Germany
        • Market Value and Volume (Current & Forecast)
      • France
        • Market Value and Volume (Current & Forecast)
    • Asia-Pacific
      • China
        • Market Value and Volume (Current & Forecast)
      • India
        • Market Value and Volume (Current & Forecast)
      • Japan
        • Market Value and Volume (Current & Forecast)
      • South Korea
        • Market Value and Volume (Current & Forecast)
    • Rest of the World
      • Market Value and Volume (Current & Forecast)
  • DNA Sequencing
    • North America
      • U.S.
        • Market Value and Volume (Current & Forecast)
      • Canada
        • Market Value and Volume (Current & Forecast)
    • Europe
      • U.K.
        • Market Value and Volume (Current & Forecast)
      • Germany
        • Market Value and Volume (Current & Forecast)
      • France
        • Market Value and Volume (Current & Forecast)
    • Asia-Pacific
      • China
        • Market Value and Volume (Current & Forecast)
      • India
        • Market Value and Volume (Current & Forecast)
      • Japan
        • Market Value and Volume (Current & Forecast)
      • South Korea
        • Market Value and Volume (Current & Forecast)
    • Rest of the World
      • Market Value and Volume (Current & Forecast)
  • Others
    • North America
      • U.S.
        • Market Value and Volume (Current & Forecast)
      • Canada
        • Market Value and Volume (Current & Forecast)
    • Europe
      • U.K.
        • Market Value and Volume (Current & Forecast)
      • Germany
        • Market Value and Volume (Current & Forecast)
      • France
        • Market Value and Volume (Current & Forecast)
    • Asia-Pacific
      • China
        • Market Value and Volume (Current & Forecast)
      • India
        • Market Value and Volume (Current & Forecast)
      • Japan
        • Market Value and Volume (Current & Forecast)
      • South Korea
        • Market Value and Volume (Current & Forecast)
    • Rest of the World
      • Market Value and Volume (Current & Forecast)

Competitive Landscape

  • Market Share Analysis
  • Company Profiles
    • Lonza
      • Key Players
      • Market Value and Volume (Current & Forecast)
      • Strategic Initiatives
    • AstraZeneca
    • Pfizer Inc.
    • Gilead Sciences Inc.
    • F. Hoffmann-La Roche Ltd.
    • Biogen
    • CELGENE Corporation
    • Sanofi
    • Abbott
    • Novartis AG
  • Market Positioning

  Market Forecast

  • Future Market Trends
  • Growth Projections
  • Emerging Opportunities
  • Market Value and Volume Forecast

  Industry Insights

  • Regulatory Environment
  • Technological Advancements
  • Investment Trends

  Appendix

  • List of Abbreviations
  • Research Methodology
  • Data Sources
  • Insight Code: 5034
  • No. of Pages: 150
  • Format: PDF/PPT/Excel
  • Published: May 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

Rohan Patil is a seasoned market research professional with over 5 years of focused experience in the healthcare sector, bringing deep domain expertise, strategic foresight, and analytical precision to every project he undertakes.

He began his journey with Precedence Research, where he played a pivotal role in developing high-impact healthcare market reports. Today, Rohan leads research initiatives at Towards Healthcare, while also contributing to Statifacts, where he supports cross-industry analysis and data-driven storytelling.

Rohan’s core strengths lie in trend analysis and emerging technologies, regulatory monitoring and thought leadership through high-quality report writing. He excels at identifying future-ready opportunities and translating complex data into strategic recommendations. His work spans pharmaceuticals, biotechnology, medical devices, and digital health, assessing everything from market potential and competitive positioning to customer needs and regulatory shifts.

A trusted advisor and a relentless innovator, Rohan continues to push the boundaries of traditional market research, merging scientific rigor with commercial insight to stay ahead in a fast-evolving healthcare landscape.

FAQ's

Biotechnology involves using living organisms, cells, and biological systems to develop products and technologies that address challenges in sectors like healthcare, agriculture, and environmental management.

The biotechnology market is expected to continue its growth trajectory, driven by ongoing advancements in scientific research, increased healthcare needs, and supportive government policies. Innovations in areas like gene editing, personalized medicine, and sustainable agriculture are anticipated to open new avenues for market expansion.

Biotechnology significantly impacts healthcare by enabling the development of new drugs, therapies, and diagnostic tools. Innovations like personalized medicine, gene editing (CRISPR), and targeted therapies are transforming how diseases are treated.

Some examples include Insulin used in the treatment of diabetes, Monoclonal Antibodies Used in cancer treatment, Gene Editing Tools (CRISPR) used in genetic research and therapies, Vaccines such as mRNA vaccines developed for COVID-19.

Biotechnology companies typically make money by developing and selling innovative products like drugs, vaccines, and agricultural solutions. They may also license their technologies to other companies or enter into partnerships with larger pharmaceutical or agricultural firms.