Biotechnology market in the UK to reach US$ 22.8 B by 2024

reogma|Biotechnology market in the UK to reach US$ 22.8 B by 2024

Biotechnology market in the UK was valued at USD 15.46 billion and is expected to grow at the CAGR of 6.7% to reach USD 22.8 billion by 2024 because of increasing research and development activities for new technological products and rising burden of chronic illnesses.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Trends
  • Technology Trends
  • Regulatory Trends
  • Market Size and Forecast
  • Market Outlook
  • Distribution Chain Analysis
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

Biotechnology is the technological application using the biological system, living organisms or their derivates to create or modify products or processes for the specific use in the field of medicine, industries, and agriculture.

Some of these products are human health products, agriculture and food enhancement products, animal health products, biotechnology services, and environmental resources efficiency services.

For this, coding mapping and sequencing of DNA and RNA, culturing and engineering cells and tissues, protein sequencing, synthesis, and engineering, and nanotechnology are used. By application, the biotechnology market is compromised of following:

  • Health
  • Agriculture
  • Food and Beverages
  • Environment
  • Industrial processing
  • Bioinformatics


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Sat Dec 21 , 2019
Biotechnology market in the UK was valued at USD 15.46 billion and is expected to grow at the CAGR of 6.7% to reach USD 22.8 billion by 2024 because of increasing research and development activities for new technological products and rising burden of chronic illnesses. Definition / Scope Market Overview […]
reogma|Biotechnology market in the UK to reach US$ 22.8 B by 2024reogma|Biotechnology market in the UK to reach US$ 22.8 B by 2024

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