Global biotechnology equipment to reach $5.8 billion in 2015

Global Industry Analysts Inc. (GIA) recently released a comprehensive report on the global biotechnology instrument market. The report shows that the global biotechnology instrument market is expected to reach US$5.8 billion by 2015.

At present, the demand for new therapies and new drugs continues to grow. This has led to active global research activities in the field of drug discovery, which has led to the rapid growth of the global biotechnology instrument market. Other factors driving this market include DNA sequencing, New breakthroughs in new technologies such as proteomics and combinatorial chemistry, as well as significant increases in demand for instruments in industries such as food, environmental, life sciences, materials, and chemicals.

In addition, the healthy development of the biotechnology instrument industry also stems from the expansion of the pharmaceutical research, forensic departments, agricultural environmental monitoring departments and animal husbandry in the field of biological research. In recent years, the development of proteomics, genomics, functional genomics, and combinatorial chemistry has enabled rapid and economical production of drugs, and has also promoted the rapid development of biological instruments. Nowadays, the application of biological instruments has become more and more simple and convenient, and ready-made tools such as PCR primers, automatic analysis equipment, and automated synthesis instruments can complete routine biological tests in forensic departments and food laboratories.

Institutions of higher learning, especially medical schools, are currently the largest group of end users of biological instruments. Enhancing product features, such as greater automation and repeatability, can greatly stimulate the equipment purchase requirements of pharmaceutical companies. In the field of drug discovery, emerging industries such as genomics, proteomics, gene chips, combinatorial chemistry, and high-throughput screening have driven the demand for biological instruments in the life sciences. The rapid development of biotechnology and pharmaceutical research requires sophisticated analysis and separation and purification methods, which has led to an unprecedented and significant increase in the application of analytical techniques such as high performance liquid chromatography, gas chromatography, and mass spectrometry in these fields.

At the same time, the report also pointed out that the United States is currently the world’s largest market for biotech equipment; the European market is close behind. However, due to the economic expansion of China and India, the Asia Pacific region is the fastest growing market for biotech equipment. In addition, biotechnology, specialty chemicals, electronic products, pharmaceuticals and other industries are gradually shifting to high-tech fields, and high-performance liquid chromatography equipment and supplies have become the most demanding segmented products in this market. In addition, researchers are now more and more inclined to understand the instrument and the rapidity of the system. Therefore, the programmability of mass spectrometry and the automation of liquid chromatography (simplification of chromatographic operating procedures) will be the market demand in the next few years. . Electrophoretic equipment and supplies have become the fastest growing subdivided products in this market; DNA sequencing products rank second, and their demand is expected to increase by 3.5%.

The report mentioned some of the major companies in the field, including Affymetrix, Agilent Technologies, Beckman Coulter, Bio-Rad, Daian, GE Healthcare, Life Technologies, Shimadzu, and Thermocraft. Shire Technology, Waters Corporation and others.

Regarding the product part of the biotech instrument, the report analyzed DNA synthesis, proteins, peptide synthesis, DNA sequencing, proteins, peptide sequencing, HPLC equipment and replacement equipment, and electrophoresis equipment and alternative equipment. The report also commented on recent industry trends, new technological achievements, and product introductions by major market participants for different markets.