Global biotechnology instrumentation market is anticipated to witness lucrative growth over the forecast period. Key driver of the market is the rising need of biotechnological tools in biotech, pharmaceutical and other related industries. Pharmaceutical companies are expected to improve and enhance their R&D leading to rising need of biotechnological instruments for the purpose of experimentation, testing and analysis. New product development and investigation of existing drugs for better or advanced therapeutic activity are also expected to fuel the growth of the market. Advances in the quality of instruments and improving throughput capacity are expected to further propel the growth of the market. Other drivers such as increasing government funding, rising environmental monitoring and safety concerns and augmenting applications of the biotechnology instruments in applied markets are expected to boost the market. Post the Human Genome Project completion, the true strengths of biotech
http://www.grandviewresearch.com/industry-analysis/biotechnology-instrumentation-market
No comments:
Post a Comment