Wiltshire Capital On Malaysian Biotechnology Market
In 2012, the global biotechnology market is forecast to have a value of $275,757 million, an increase of 60.5% over 2007.
- (1888PressRelease) May 05, 2011 - The biotechnology market is an ever-expanding, demanding, and lucrative market. Areas of the biotechnology market include; agriculture GMO, antibody technologies, antisense technology, biomaterials, biopharmaceuticals, drug discovery, emerging technology, environmental/industrial biotechnology, enzymes, gene therapy, general biotechnology, genetic engineering, genomics, informatics, instrumentation and equipment, molecular biology, pharmaceuticals, proteomics, regulation and bioethics, research and development, tissue engineering and wound care.
In 2012, the global biotechnology market is forecast to have a value of $275,757 million, an increase of 60.5% over 2007. In value terms, the medical/healthcare segment generated 69.4% of the global biotechnology market value.
Malaysia has emerged as a major investment destination for biotech companies. The Malaysian biotech market posted high growth last year and is expected to do the same in next few years. Rich biodiversity, availability of low cost human resources and strong government efforts are some of the reasons that have boosted growth in the market. The biotech market in Malaysia is expected to grow around 21% during 2010-2012.
Wiltshire Capital has studied the Malaysian biotech market by breaking it into three segments - healthcare biotech, agriculture biotech and industrial biotech. Each of these segments has been extensively covered, giving in-depth analysis of the current and future market trends along with valuable data of past trends. The report also provides a complete overview of regulatory environment for the biotech market.
Wiltshire Capital's report has found that increasing prevalence of diseases and rising exports of drugs from Malaysia are driving growth in the healthcare biotechnology market. This segment holds the highest potential for growth and will post the fastest growth rate among all the three segments.
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