Red biotechnology is
the application of biotechnology in biopharmaceuticals and pharmaceuticals
production. It provides patients with innovative and modern modes of
diagnostics and treatments. This biotechnological application involves research
and study on cells and tissues, genetic testing, stem cells, gene therapy,
orphan drugs, proteomics and pharmacogenetics. The red biotechnology mainly
focuses on neurosciences and protein research..
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The global market for red biotechnology is
categorized by applications and product types as follows:
- Applications
- Drug
discovery
- Drug
production
- Gentic
testing
- Pharmacogenomics
- Gene
therapy
- Product
type
- Gene
recombinant drugs
- Human
vaccines
- Blood
products
- Diagnostics
reagents
- Others
Currently, North America dominates the global red
biotechnology market and is followed by Europe due to increased introduction of
new products in the developed markets and number of patents and intellectual
property rights granted in the biomedical sector. Emerging economies of
Asia-Pacific, Latin America, Middle East and Africa are also expected to emerge
as rapidly growing red biotechnology market in the near future due to
increasing healthcare expenditure and technological advances.
Some of the major factors driving the global market
for red biotechnology include breakthrough outcome of new medical therapies,
increase in use of biocatalysis process in the synthesis and production of
active pharmaceutical ingredients, advancements in biopharmaceuticals,
increasing consumer awareness and government initiatives. However, high capital
investment and technical limitations may pose a challenge to the growth of red
biotechnology market.
Some of the market players in this industry include
Amgen, Inc., Beijing Tiantan Biological Products Co., Ltd., Biogen Idec, Inc.,
Cephalon, Inc., Chiron Corporation, CSL Limited, Genentech, Inc., Genzyme
Corporation, Gilead Sciences, Inc., MedImmune LLC, Serono SA and Shenyang
Sunshine Pharmaceutical Co., Ltd.
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This research report
analyzes this market depending on its market segments, major geographies, and
current market trends. Geographies analyzed under this research report
include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This report is a
complete study of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Reasons for Buying this
Report
- This report provides pin-point
analysis for changing competitive dynamics
- It provides a forward looking
perspective on different factors driving or restraining market
growth
- It provides a technological growth
map over time to understand the industry growth rate
- It provides a seven-year forecast
assessed on the basis of how the market is predicted to grow
·
It helps in making informed business
decisions by having complete insights of market and by making in-depth analysis
of market segments
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