The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.

The Bioengineering Technology Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Bioengineering Technology Global Market Report 2024, The bioengineering technology market size has grown rapidly in recent years. It will grow from $282.19 billion in 2023 to $320.38 billion in 2024 at a compound annual growth rate (CAGR) of 13.5%. The growth in the historic period can be attributed to increasing aging population, increasing prevalence of chronic diseases, bioengineering technology market growth, favourable government initiatives, growing genetic engineering strategies. The bioengineering technology market size is expected to see rapid growth in the next few years. It will grow to $521.98 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%.

The rise in chronic diseases prevalence is expected to drive the growth of the bioengineering technology market in the future. Chronic diseases are long-term health conditions characterized by their persistent nature. Bioengineering technology plays a vital role in managing and treating chronic diseases by offering innovative solutions to improve patient outcomes and enhance their quality of life. For instance, according to a report from the National Center for Biotechnology Information in January 2023, chronic conditions are projected to increase by 99.5% from 71.522 million in 2020 to 142.66 million in 2050. Therefore, the growing prevalence of chronic diseases is fueling the expansion of the bioengineering technology market.

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The bioengineering technology market covered in this report is segmented –
1) By Product: Biomedical Engineering, Genetic Engineering, Biotechnology, Tissue Engineering, Biomechanics Engineering, Biomaterial, Biomechanical Engineering, Nano-biotechnology, Bioinformatics, Other Products
2) By Technology: Nanobiotechnology, Tissue Engineering and Regeneration, DNA Sequencing, Cell-based Assays, Fermentation
3) By Application: Health, Food And Agriculture, Natural Resources And Environment

Top Major Players
Pfizer Inc.,
Johnson & Johnson,
Roche Holding AG,
Novartis AG,
Bristol-Myers Squibb Company

The bioengineering technology market report table of contents includes:
1. Executive Summary
2. Bioengineering Technology Market Characteristics
3. Bioengineering Technology Market Trends And Strategies
4. Bioengineering Technology Market - Macro Economic Scenario
5. Global Bioengineering Technology Market Size and Growth
6. Bioengineering Technology Market Segmentation
7. Bioengineering Technology Market Regional And Country Analysis
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34. Key Mergers And Acquisitions In The Bioengineering Technology Market
35. Bioengineering Technology Market Future Outlook and Potential Analysis
36. Appendix

List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Bioengineering Technology Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Bioengineering Technology Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Bioengineering Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Pfizer Inc. Financial Performance
Table 75: Johnson & Johnson Financial Performance
Table 76: Roche Holding AG Financial Performance
Table 77: Novartis AG Financial Performance
Table 78: Bristol-Myers Squibb Company Financial Performance

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