Red Biotechnology Market with 6.13% CAGR, Reveals a Precedence Research

Red Biotechnology Market Size, Share, Growth, Trends Analysis, Market Demand, Business Opportunities, Consumption, Production, Revenue Status, Company Analysis, Regional Outlook and Forecasts, 2020 – 2027

Precedence Research’s study on red biotechnology market offers exclusive insights into key growth drivers and restraints. The report underscores some of the popular strategies that market players undertake to gain competitive edge.

The market demand for red biotechnology will total US$ 320.76 Bn in 2019. It is expected to reach US$ 510 billion by 2027, rising at a CAGR of 6.13% from 2020 to 2027. Despite unprecedented implications of the COVID-19 outbreak, the market will gain impetus amidst soaring investment towards sophistication of the healthcare sector. The report provides the overall revenue of the global red biotechnology market from 2016 to 2027, considering 2020 as the base year and 2027 as the forecast year. The study includes drivers and restraints of this global market. 

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Red biotechnology is a division of biotechnology that studies human health care and approaches of treatment by improvement of medicines such as antibiotics. Scientists involved in this technology carry out trials by controlling genes via germ line engineering in the embryonic phase and conducts gene therapy in adult patients. It emphases mostly on the pharmaceutical filed. Currently, red biotechnology has emerged as wide-ranging field using scientific research, covering the variety of improvement for medical implants and drugs, genetic engineering, and the cultivation of organs, cells and tissues for treatment and research of particular illness or injury. Red Biotechnology involves regenerative therapies, antibiotics and vaccines production, molecular diagnostics techniques, manufacturing new drugs, and the improvement of genetic engineering to treat illness via genetic manipulation.

Red biotechnology finds its application in Parkinson’s disease treatment and in the area of cancer study. This technology aids to realize the mutations plus amplifications of the gene that causes this Parkinson’s disease. In the area of cancer study, red biotechnology aids to find efficacy of anti-cancer drugs for specific patient as the efficiency of such drugs relies on the disposition of gene of the person to whom the drug is directed.

Further red technology helps to develop and manufacture medicines to suit the precise genetic necessities of particular patients. The prospective for red biotechnology in the development and research in the area of medicine is marvelous. This technology assists the pharmaceutical sector to develop and grow improved quality medicines also on it aids to advance the excellence of life of human beings.

Key Players & Strategies

Numerous manufacturers involved in the red biotechnology sector are focusing progressively on enlargement of geographic existence via tactical acquisitions, partnerships, mergers and new product introductions in various nations and regions countries. This helps them to amalgamating their place in the global red biotechnology market.

For example, Gilead Sciences, Inc. got approval for Harvoni by China’s National Medical Products Administration in December 2018. This medicine is employed for Chronic Hepatitis C Virus Genotype 1-6 treatment. Few of the noticeable companies are capitalizing profoundly in acquisition and merger undertakings to unite their market footprint across the world.

Several players operating in this marketplace are AstraZeneca PLC, CSL Limited. F.Celgene Corporation, Pfizer Inc, Takeda Pharmaceutical Company Limited, BiogenInc, Hoffmann-La Roche Ltd, Amgen Inc, Gilead Sciences Inc, and Merck KGaA among others.

Growth Factors

Growing occurrence of rare and chronic illness worldwide is foreseen to propel growth of red biotechnology market in the coming years. Escalating patient population is projected to spur the sale for novel drug molecules for the efficient diseases treatment. As a result, augmented requirement for diagnostics and therapeutics for quick and competent diseases administration, plus increasing incidences and prevalence of chronic and rare diseases are together projected to support growth of red biotechnology market in near future.

Report Highlights

• Asia Pacific is projected to offer beneficial prospects to different players involved in the red biotechnology market throughout the forecast period.
• Rising prevalence and incidence of enduring and rare illness and speedy development of the biopharmaceutical sector are some of the major factors fuelling the growth of biopharmaceutical industry.
• Gene therapy is anticipated to gather a favorable compounded annual growth in near future
• Competence and cost-effectiveness, prominent developments associated with biosimilars stays a pivotal argument for competitors due to global inclination at biosimilars those address consumer necessities.

Key Points Covered:

• Demand will remain high in the U.S., backed by favorable reimbursement policies and presence of some of the leading market players.
• Europe will continue showcasing high demand. Sales will remain high, especially in the U.K., Germany, France, and other countries.
• China and India will exhibit high demand for red biotechnology, backed by expanding healthcare sector.
• Focus on research and development will increase in Brazil, creating opportunities for the expansion of the red biotechnology market.
• Hospitals are expected to showcase higher demand for red biotechnology on account of greater access to advanced technologies and higher footfall of patients.
• Driven by the presence of some of the leading pharmaceutical producers, demand in the Japan and U.S. red biotechnology market will continue increasing at a high pace.

Regional Snapshots

North America is expected to dominate the global red biotechnology market in near future. Main reasons supporting this dominance include new-fangled product approvals, growth in disease burden, and increasing research & development undertakings in this region. Asia Pacific is projected to deliver profitable prospects to companies functioning in the red biotechnology market during coming years. As per American Cancer Society, around 1,735,350 new cases of cancer and 609,640 deaths from cancer are recorded in the U.S. between 2018 and 2019.

Red biotechnology market in Asia Pacific is proposed to show a compounded annual growth rate of more than 6% from 2019 to 2027. Growing number of CROs and CMOs, augmented product approvals from regional governing authorities and growing investments from giant biopharmaceutical companies operating in the red biotechnology market in this region are the some of the prime factors driving market growth in Asia Pacific. For example, Gilead got approval for Epclusa from Japan’s Ministry of Health, Labour and Welfare (MHLW) in January 2019. This drug is engaged to suppress viremia in patients those having lingering HCV infection with decompensated cirrhosis.

Segments Covered in the Report

This research report includes complete assessment of the market with the help of extensive qualitative and quantitative insights, and projections regarding the market. This report offers breakdown of market into prospective and niche sectors. Further, this research study calculates market revenue and its growth trend at global, regional, and country from 2016 to 2027.This report includes market segmentation and its revenue estimation by classifying it on the basis of application, end-user and region as follows:

By Application

• Pharmacogenomics
• Biopharmaceutical Production
• Gene Therapy
• Genetic Testing

By End-user

• Research Institutes
• CMOs & CROs
• Biopharmaceutical Industries
• Others

By Geography

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Middle East & Africa
• Latin America

Some of the key highlights covered in the report include:

• Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global red biotechnology market. It examines trends and factors influencing demand for red biotechnology globally and gauges the impact of the same on production.
• Pricing Analysis – The report presents an exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.
• Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.
• Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for red biotechnology across the world.
• Competitive Analysis – Some of the leading market players are profiled in the report on red biotechnology. The report offers estimation of share individually help by the market players and determines the impact of some of their popular strategies.
• COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.
• Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global red biotechnology market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for red biotechnology are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2020-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Red Biotechnology Market, By End User

7.1. Red Biotechnology Market, by End User Type, 2020-2027
7.1.1. Research Institutes
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. CMOs & CROs
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Biopharmaceutical Industries
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Others
7.1.4.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Red Biotechnology Market, By Application

8.1. Red Biotechnology Market, by Application, 2020-2027
8.1.1. Pharmacogenomics
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Biopharmaceutical Production
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Gene Therapy
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Genetic Testing
8.1.4.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Red Biotechnology Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue and Forecast, by End User (2016-2027)
9.1.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by End User (2016-2027)
9.1.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by End User (2016-2027)
9.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by End User (2016-2027)
9.2.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by End User (2016-2027)
9.2.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by End User (2016-2027)
9.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by End User (2016-2027)
9.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by End User (2016-2027)
9.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by End User (2016-2027)
9.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by End User (2016-2027)
9.3.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by End User (2016-2027)
9.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by End User (2016-2027)
9.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by End User (2016-2027)
9.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by End User (2016-2027)
9.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by End User (2016-2027)
9.4.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by End User (2016-2027)
9.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by End User (2016-2027)
9.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by End User (2016-2027)
9.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by End User (2016-2027)
9.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by End User (2016-2027)
9.5.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by End User (2016-2027)
9.5.4.2. Market Revenue and Forecast, by Application (2016-2027)

Chapter 10. Company Profiles

10.1. F. Hoffmann-La Roche, Ltd.
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Merck KGaA
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Regeneron Pharmaceuticals, Inc.
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Pfizer, Inc.
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Biogen Inc.
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Amgen Inc.
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. AstraZeneca Plc.
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Takeda Pharmaceutical Company Ltd.
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Gilead Sciences, Inc.
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. CELGENE CORPORATION
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

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