Biotechnology Market Key Players, End User, Demand, and Consumption By 2031Posted by Aparna P on August 18th, 2022  The global biotechnology market is mainly driven by the surge in the demand for food, depleting natural resources, government regulatory support, and technological advancements of various solutions to counter fatal diseases.
Growing demand for new technologies such as tissue engineering, fermentation, recombinant technology, and DNA sequencing is expected to magnify the size of the biotechnology industry.
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Leading players in the market are adopting strategies in terms of acquisitions and mergers and strategic collaborations in order to maintain a strong hold in the market. Some of the leading players in the market are Sanofi, Lonza, Novartis, F. Hoffman La Roche, Genentech, GlaxoSmithKline, Pfizer, Johnson & Johnson, Genzyme, Celgene, Biogen, AstaZeneca, Amgen, and Abbott.
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