France Biotechnology Market Size & Outlook, 2024-2030
France Biotechnology Market, 2018-2030 (US$M)
Global Market
Related Markets
France biotechnology market highlights
- The France biotechnology market generated a revenue of USD 56,428.4 million in 2023 and is expected to reach USD 129,455.3 million by 2030.
- The France market is expected to grow at a CAGR of 12.6% from 2024 to 2030.
- In terms of segment, health was the largest revenue generating application in 2023.
- Bioinformatics is the most lucrative application segment registering the fastest growth during the forecast period.
Biotechnology market data book summary
| Market revenue in 2023 | USD 56,428.4 million |
| Market revenue in 2030 | USD 129,455.3 million |
| Growth rate | 12.6% (CAGR from 2023 to 2030) |
| Largest segment | Health |
| Fastest growing segment | Bioinformatics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Health, Food & Agriculture, Natural reseources & Environment, Industrial Processing, Bioinformatics, Others Applications |
| Key market players worldwide | AstraZeneca PLC, Gilead Sciences Inc, Bristol-Myers Squibb Co, Sanofi SA, Biogen Inc, Abbott Laboratories, Pfizer Inc, Amgen Inc, Novo Nordisk A/S ADR, Merck KGaA, Johnson & Johnson, Novartis AG ADR, Roche Holding AG, Lonza Group Ltd |
Other key industry trends
- In terms of revenue, France accounted for 3.6% of the global biotechnology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany biotechnology market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 227,707.0 million by 2030.
The national biotechnology sector of France is continuously growing with the emergence of start-up companies across the country. With increasing number of start-up companies, the French biotech sector outlined the country's hospitals, universities, and research institutions.
Furthermore, increasing funding from government as well as private sectors is supporting the country's market growth. According to PANORAMA FRANCE HEALTHTECH, in 2019, France ranked first in Europe in terms of number of trials in progress and ranks fourth in Phase I trials.
The same report states that increase in incidence of chronic diseases, population aging, rise in health expenditure, and integration of patient-centered digital tools are some of the trends driving the market growth.
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Biotechnology Market Scope
Biotechnology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson & Johnson | View profile | 134,400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | www.jnj.com |
| Novartis AG ADR | View profile | 76,057 | Lichtstrasse 35, Basel, Switzerland, 4056 | www.novartis.com |
| Amgen Inc | View profile | 26,700 | One Amgen Center Drive, Thousand Oaks, CA, United States, 91320-1799 | www.amgen.com |
| Merck KGaA | View profile | 62,345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | www.emdgroup.com |
| Abbott Laboratories | View profile | 114,000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | www.abbottinvestor.com |
| Pfizer Inc | View profile | 88,000 | 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 | www.pfizer.com |
| Sanofi SA | View profile | 87,994 | 46, avenue de la Grande Armée, Paris, France, 75017 | www.sanofi.com |
| Lonza Group Ltd | View profile | 18,000 | Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 | www.lonza.com |
| Roche Holding AG | View profile | 103,605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | www.roche.com |
| Bristol-Myers Squibb Co | View profile | 34,100 | Route 206 and Province Line Road, Princeton, New Jersey, NJ, United States, 08543 | www.bms.com |
France Biotechnology Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Biotechnology Market Outlook will help companies and investors design strategic landscapes.
Health was the largest segment with a revenue share of 44.36% in 2023.
Horizon Databook has segmented the France biotechnology market based on health, food & agriculture, natural reseources & environment, industrial processing, bioinformatics, others applications covering the revenue growth of each sub-segment from 2018 to 2030.
The national biotechnology sector of France is continuously growing with the emergence of start-up companies across the country. With increasing number of start-up companies, the French biotech sector outlined the country's hospitals, universities, and research institutions.
Furthermore, increasing funding from government as well as private sectors is supporting the country's market growth. According to PANORAMA FRANCE HEALTHTECH, in 2019, France ranked first in Europe in terms of number of trials in progress and ranks fourth in Phase I trials.
The same report states that increase in incidence of chronic diseases, population aging, rise in health expenditure, and integration of patient-centered digital tools are some of the trends driving the market growth.
- France Biotechnology Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Fermentation
- Chromatography Market
- DNA Sequencing
- Cell Based Assay
- Others
- PCR Technology
- Nanobiotechnology
- Tissue engineering and Regeneration
- France Biotechnology Market Application Outlook (Revenue, USD Million , 2018-2030)
- Natural reseources & Environment
- Others Applications
- Food & Agriculture
- Health
- Industrial Processing
- Bioinformatics
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Horizon Databook provides a detailed overview of country-level data and insights on the France Biotechnology Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into France Biotechnology Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
France Biotechnology Market, 2018-2030 (US$M)
France biotechnology market statistics, by technology, 2018-2030 (US$M)
