Germany Biotechnology Market 2020: Global Industry Analysis Report to 2025

The Germany biotechnology market is anticipated to grow at a CAGR of 7.5% during the forecast period. The country has a strong presence of biology labs such as the Institute of Applied Microbiology, Berlin Institute of Technology, LOEWE Center for Synthetic Microbiology Marburg, and Ansbach University of Applied Sciences. In addition to this, a large number of global as well as domestic biotech companies are active in the country. Hence, the aforementioned factors are anticipated to significantly influence the market growth.

Additionally, the considerable application of biotechnology in the agriculture and animal husbandry sector of the country is also aiding to the growing market shares. The high spending on drug R&D by the country is also aiding to the growth of the market. As per the European Federation of Pharmaceutical Industries and Associations, around $8.3 billion was invested in pharmaceutical in 2017 in drug R&D in the country.

To Request a Sample of our Report on Germany Biotechnology Market: https://www.omrglobal.com/request-sample/germany-biotechnology-market

The German biotechnology market is segmented on the basis of application into bio-pharmacy, bio-services, bio-agriculture, bio-industrial, and bio-informatics. Among these, bio-pharmacy contributed a significant share. Biotechnology is driving the capabilities of personalized medicine and enables in understanding genetics and develops a platform for diagnoses, safer medication prescribing, and therapies for the diseases. In addition to human therapeutic and diagnostic applications, biotechnology has significant applications in the industry and agricultural domains. Further, the industrial uses of biotechnology involve many different sectors such as industrial enzymes, cosmetic formulations, and the diagnostics for toxicity determinations.

(Get 15% Discount on Buying this Report)

A full Report of Germany Biotechnology Market is Available at: https://www.omrglobal.com/industry-reports/germany-biotechnology-market

Germany Biotechnology Market Segmentation

By Application

· Bio-Pharmacy

· Bio-Services

· Bio-Agriculture

· Bio-Industries

· Bio-Informatics

Company Profiles

· Bayer AG

· BASF SE

· BIOBASE

· Biomax Informatics AG

· BioNTech SE

· Boehringer Ingelheim

· GlaxoSmithKline plc

· Milltenyi Biotech GmbH

· Novo Nordisk A/S

· Qiagen N.V.

· Rentschler Biotechnologie GmbH

Reasons to buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/germany-biotechnology-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.