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Global Biotechnology - Market Size (2006–2030)

L6724-GL Last Updated: October 2024

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$558.8bn

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Global Biotechnology Market Size in 2024
2.4%

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 Global Biotechnology Market Size Growth in 2024
2.4%

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 Global Biotechnology Market Size CAGR 2019-2024

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 Global Biotechnology Market Size CAGR 2024-2029

Curious about what drives these trends? IBISWorld's Global Biotechnology Industry Report has got you covered.

Questions Clients Ask About This Industry

  • What was the market size of the Global Biotechnology in 2023?

    The market size of the Global Biotechnology was $545.6bn in 2023.

  • What was the growth rate of the Global Biotechnology in 2023?

    The market size of the Global Biotechnology increased 5.0% in 2023.

  • What was the market size of the Global Biotechnology in 2024?

    The market size of the Global Biotechnology is $558.8bn in 2024.

  • What is the growth rate of the Global Biotechnology in 2024?

    The market size of the Global Biotechnology increased 2.4% in 2024.

  • Has the Global Biotechnology grown or declined over the past 5 years?

    The market size of the Global Biotechnology has grown at a 5.0% CAGR between 2018 and 2023.

  • Is the Global Biotechnology expected to grow or decline over the next five years?

    See our full analysis of the Global Biotechnology to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Global Biotechnology grown or declined over the past 5 years?

    The market size of the Global Biotechnology has grown at a 2.4% CAGR between 2019 and 2024.

  • Is the Global Biotechnology expected to grow or decline over the next five years?

    See our full analysis of the Global Biotechnology to understand if the industry market size is expected to grow or decline over the next five years.

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