170 likes | 184 Views
<br>Read here the market research report on u201cWhite Biotechnology Market Analysisu201d published by CMI team.<br>
E N D
Coherent Market InsightS Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker
White Biotechnology Market Analysis (2020-2027) • White biotechnology refers to the adoption of biotechnology in developing methods to replace petroleum-based synthetics. It uses living cells to synthesize products that are easily degradable, require less energy and create less waste during their production. • Statistics: • The global white biotechnology market is estimated to account for US$ 299.3 Bn in terms of value by the end of 2027.
Global White Biotechnology Market: Drivers • Increasing demand for energy is expected to propel growth of the global white biotechnology market over the forecast period. For instance, according to the 2019 Annual Energy Outlook, the global energy demand is expected to grow by 1/3 through 2040. • Moreover, ban on the use of conventional plastic is also expected to aid in growth of the market. For instance, countries such as Zimbabwe, France, Australia, India, Canada, Peru, Rwanda, and U.K. have banned use of single-use plastic.
s • Statistics: • North America held dominant position in the global white biotechnology market in 2019, accounting for 34.7% share in terms of value, followed by Europe and Asia Pacific, respectively
Figure 1: Global White Biotechnology Market Share (%) Value, By Region, 2019
Global White Biotechnology Market: Opportunities • Increasing investment in biofuels is expected to offer lucrative growth opportunities for players in the global white biotechnology market. For instance, in May 2020, the U.S. Department of Agriculture offered a US$ 100 million grant to expand the availability and sale of higher blends of ethanol. • Moreover, biosynthesis of nanomaterials by microorganisms is also expected to aid in growth of the market. Some bacteria and microalgae can synthetize unique nanostructures that include, bacterial nanocellulose, exopolysaccharides, and bacterial nanowires.
s • Statistics: • The global white biotechnology market was valued at US$ 207.5 Bn in 2019 and is forecast to reach a value of US$ 299.3 Bn by 2027 at a CAGR of 4.7% between 2020 and 2027.
Figure 2: Global White Biotechnology Market Value (US$ Bn), 2016 - 2027
Market Trends/Key Takeaways • White biotechnology finds application in making gelatin and bone glue. For instance, in December 2018, researchers from Uppsala University, Sweden, reported development of a new class of bioinspired calcium phosphate cementsthat can glue tissues together and bond tissues to metallic and polymeric biomaterials. • Increasing demand alcohol for hand sanitizers has led companies to halt production of ethanol. For instance, in April 2020, Archer Daniels Midland Company announced to halt ethanol production at the company’s corn dry mill facilities in Cedar Rapids, Iowa, and Columbus, Nebraska and to divert its focus on other products that are in higher demand, such as alcohol for hand sanitizer.
Global White Biotechnology Market: Competitive Landscape • Major players operating in the global white biotechnology market include, Archer Daniels Midland Company, BASF SE, Cargill, Inc., Corbion N.V., Koninklijke DSM N.V, DuPont, Lesaffre, Novozymes, Fujifilm Holdings Corporation, GE Healthcare, Hitachi Medical Corporation, Hologic, Inc., iCAD, Inc., InVivo Corporation, McKesson Corporation, Merge Healthcare Incorporated (IBM), Philips Healthcare, Samsung Medison Co. Ltd., Siemens Healthcare, and Toshiba Medical Systems Corporation.
Global White Biotechnology Market: Key Developments • Increasing geriatric population is expected to propel growth of the global mobile imaging services market. For instance, according to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034. • In U.K. government organizations are focused on enhancing diagnostic services during the Covid-19 pandemic, which is expected to aid in growth of the market. For instance, in April 2020, the National Health Service partnered with independent sector diagnostics providers to increase the supply of scanners and expert radiographers in the diagnosis of people with suspected Covid-19 infection.
Global Mobile Imaging Services Market: Competitive Landscape • Major players operating in the global mobile imaging services market include, Carestream Health, Accurate Imaging, Inc., Alliance HealthCare Services, Inc., Atlantic Medical Imaging, Axiom Mobile Imaging, Center for Diagnostic Imaging, Inc., Cobalt Diagnostic Imaging, DMS Health Technologies, Inc., Front Range Mobile Imaging, Inc., Imaging On Site, Inc., InHealth Group, Interim Diagnostic Imaging, LLC, Jacksonville Mobile Imaging Services, Inc., Nuffield Health, Shared Imaging LLC, and VanScan Ltd.
Global Mobile Imaging Services Market: Key Developments • Major players in the market are focused on adopting M&A strategies to expand their product portfolio. For instance, in July 2019, Atlantic Medical Imaging acquired the Center for Diagnostic Imaging, an owner of two American College of Radiology-accredited imaging centers located in New Jersey, U.S. • Major players in the market are also focused on adopting partnership strategies to expand their product portfolio. For instance, in August 2018, Alliance HealthCare Services, Inc. partnered with Northeast Radiology through which the later became a part of Alliance HealthCare Radiology division.
Request sample copy here • Request pdf brochure here • Request Customization here • Talk to Analyst • Buy Now • Reference: • https://www.coherentmarketinsights.com/market-insight/white-biotechnology-market-3876
About Us: • Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. • What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis
Contact Us: • Mr. Shah • Coherent Market Insights Pvt. Ltd. • Address: 1001 4th ave, #3200 Seattle, WA 98154, U.S. • Phone: +1-206-701-6702 • Email :sales@coherentmarketinsights.com
Thank You! Kindly follow CMI Social Media Profiles for the latest company updates Facebook Linkedin Twitter https://www.coherentmarketinsights.com/