Global Plant Biotechnology Services Market Growth, Share, Size, Trends and Forecast (2024 - 2030)
By Equipment Type;
Genomic Sequencer, Temperature Controllers, Sensors, Sterilizers, and Centrifuges.By Device Type;
Hardware and Software.By Type Of Services;
Genomics Services, Analytical Chemistry, Cellular Imaging, Forage Analysis, and Transformation Services.By End User;
Research Institutes, Pharmaceuticals Companies, and Biotechnology Companies.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).Introduction
Global Plant Biotechnology Services Market (USD Million), 2020 - 2030
In the year 2023, the Global Plant Biotechnology Services Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%.
The global plant biotechnology services market is at the forefront of agricultural innovation, poised to revolutionize the way we cultivate, protect, and enhance crop yields worldwide. Plant biotechnology services encompass a wide range of scientific disciplines and technological advancements aimed at improving crop traits, enhancing agricultural productivity, and mitigating environmental challenges. As the global population continues to grow, and climate change poses increasing threats to food security, the demand for sustainable agricultural solutions has never been greater.
At the heart of the plant biotechnology services market lies a commitment to harnessing the power of biotechnology to address key challenges facing agriculture. From enhancing crop resilience to environmental stresses such as drought, pests, and diseases, to developing crops with improved nutritional profiles and reduced environmental footprints, plant biotechnology services offer innovative solutions to complex agricultural problems. By leveraging cutting-edge tools and techniques such as genetic engineering, genome editing, and bioinformatics, researchers and agricultural scientists can unlock the full potential of plant biology and develop crops that are more resilient, productive, and sustainable.
The global plant biotechnology services market is witnessing robust growth, driven by several factors. Increasing global population, changing dietary preferences, and shrinking arable land are putting pressure on agricultural systems to produce more food with fewer resources. Plant biotechnology services offer a promising pathway to meet these challenges by enhancing crop productivity, reducing agricultural inputs, and improving crop quality. Moreover, advancements in biotechnology tools and platforms, coupled with growing investments in research and development, are accelerating innovation and driving the commercialization of novel plant biotechnology solutions.
The adoption of plant biotechnology services is gaining momentum across diverse agricultural sectors, including row crops, fruits, vegetables, and specialty crops. Agricultural stakeholders, including farmers, agribusinesses, seed companies, and food manufacturers, are increasingly recognizing the value proposition offered by plant biotechnology services in improving crop performance, profitability, and sustainability. Additionally, supportive regulatory frameworks and government initiatives aimed at promoting biotechnology research and innovation are fostering a conducive environment for market growth and investment in plant biotechnology services.
Global Plant Biotechnology Services Market Recent Developments & Report Snapshot
Recent Developments:
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In 2024, Collaborations between biotech firms and agricultural organizations increased to enhance crop yield through CRISPR-Cas9 technologies, addressing global food security and resilience against climate change.
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In 2023, Asia Pacific saw substantial investments in plant biotechnology services, driven by governmental incentives to improve agricultural productivity and foster sustainable practices.
Parameters | Description |
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Market | Global Plant Biotechnology Services Market |
Study Period | 2020 - 2030 |
Base Year (for Plant Biotechnology Services Market Size Estimates) | 2023 |
Drivers |
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Restraints |
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Opportunities |
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Segment Analysis
The Global Plant Biotechnology Services Market has been segmented by Equipment Type, Device Type, Type of Services, End User and Geography, equipment type into laboratory equipment, field equipment, and greenhouse equipment. Laboratory equipment plays a crucial role in plant biotechnology, with tools such as genetic analyzers, PCR machines, and bioreactors used for gene editing, plant tissue culture, and genetic modification processes. The field equipment segment includes tools used for large-scale cultivation and testing of genetically modified plants, such as automated sowing machines and crop monitoring systems. Greenhouse equipment, including climate-controlled systems and hydroponic setups, is vital for the controlled environment needed to grow genetically engineered crops and conduct experiments in plant biotechnology. As the demand for genetically modified crops increases, the need for specialized equipment in these sectors continues to rise.
By device type, the plant biotechnology services market is divided into genetic modification devices, genome editing tools, and bioinformatic devices. Genetic modification devices are used to insert or alter genes in plant DNA to enhance crop resistance, yield, or nutritional content. Genome editing tools, such as CRISPR-Cas9, enable precise modifications at the genetic level, which are becoming increasingly important in the development of high-performing crops. Bioinformatic devices play an essential role in analyzing genetic data, improving crop research, and facilitating data-driven decisions in plant breeding and biotechnology services. These devices help researchers in plant genomics, trait identification, and genetic mapping, which are crucial for the development of new plant varieties.
The type of services segment is categorized into research & development (R&D), consulting services, contract research & testing services, and production services. R&D services are a primary driver in the plant biotechnology sector, as companies invest in discovering new ways to improve crops, increase yield, and address challenges such as climate change and pest resistance. Consulting services are essential for guiding organizations through regulatory processes, market strategies, and technology adoption. Contract research & testing services provide companies with specialized expertise to conduct field trials and laboratory experiments without the need for in-house facilities. Production services are growing as companies seek to scale up the production of genetically modified plants for commercial purposes. In terms of end users, the market is segmented into agricultural companies, biotechnology firms, research institutes, and governments. Agricultural companies are the largest users of plant biotechnology services, leveraging these services to improve crop production and sustainability. Geographically, North America holds the largest market share due to the advanced agricultural and biotechnology infrastructure, while the Asia-Pacific region is expected to witness significant growth driven by increasing demand for agricultural productivity solutions and governmental support for biotechnological innovations.
Global Plant Biotechnology Services Segment Analysis
In this report, the Global Plant Biotechnology Services Market has been segmented by Equipment Type, Device Type, Type of Services, End User and Geography.
Global Plant Biotechnology Services Market, Segmentation by Equipment Type
The Global Plant Biotechnology Services Market has been segmented by Equipment Type into Genomic Sequencer, Temperature Controllers, Sensors, Sterilizers, and Centrifuges.
The Global Plant Biotechnology Services Market is segmented by Equipment Type, with key segments including Genomic Sequencers, Temperature Controllers, Sensors, Sterilizers, and Centrifuges. Among these, Genomic Sequencers hold the largest market share, driven by the increasing demand for plant genomics research and the development of genetically modified (GM) crops. These devices play a crucial role in decoding plant DNA, allowing for advancements in plant breeding, pest resistance, and improving crop yields. As research into plant genomics and biotechnology accelerates, genomic sequencers are becoming indispensable in labs focused on crop improvement and disease resistance, making them a vital segment in the plant biotechnology services market.
Temperature Controllers and Sensors are also significant equipment types in the plant biotechnology sector. Temperature controllers are essential for maintaining optimal conditions for plant growth, particularly in controlled environments like greenhouses or growth chambers. They ensure the stability of temperature, which is critical for the success of plant tissue culture and genetic studies. Similarly, Sensors, including moisture, pH, and environmental sensors, are increasingly used in precision agriculture and biotechnology research to monitor plant health and growth conditions. These tools help in real-time data collection, optimizing the conditions for plant research, and improving productivity and efficiency in biotechnology applications.
Sterilizers and Centrifuges are key tools for laboratory procedures and research. Sterilizers are crucial for maintaining a sterile environment in plant tissue culture, which is vital for the successful propagation of plants without contamination. As biotechnology applications in agriculture and plant breeding expand, the need for high-quality sterilization equipment grows. Centrifuges, used to separate plant materials based on density, are also in high demand in plant biotechnology services. They are used for DNA extraction, protein purification, and other essential laboratory tasks. These equipment types contribute to the efficiency and effectiveness of plant biotechnology research, driving their increasing adoption in labs, research institutes, and agricultural biotechnology companies.
Global Plant Biotechnology Services Market, Segmentation by Device Type
The Global Plant Biotechnology Services Market has been segmented by Device Type into Hardware and Software.
The Global Plant Biotechnology Services Market is segmented by device type into hardware and software, both of which play critical roles in the advancement and application of plant biotechnology. Hardware in this context refers to the physical devices used in plant biotechnology processes, such as genetic modification tools, bioinformatics workstations, genetic sequencers, and plant growth chambers. These devices are essential for performing tasks like gene editing, DNA analysis, and plant growth monitoring. As plant biotechnology continues to evolve, the demand for more sophisticated and precise hardware has grown, especially with innovations like CRISPR technology and next-generation sequencing that require advanced devices for accurate results. This growing demand for high-tech hardware is driven by the increasing need to develop genetically modified crops with improved traits, such as better yield, pest resistance, and nutritional value.
On the other hand, software in the plant biotechnology services market includes specialized bioinformatics platforms, genetic analysis software, and simulation tools that support the processing, storage, and analysis of large biological datasets. These software solutions are vital for tasks such as genome sequencing, gene expression profiling, and trait analysis, enabling researchers to gain insights into plant genetics and improve breeding techniques. Bioinformatics platforms facilitate the integration of genomic data and provide researchers with the tools to identify key genetic markers and predict the outcomes of genetic modifications. Software is also used in plant breeding simulations and designing efficient crop management systems, making it an indispensable tool for optimizing plant production and advancing biotechnological innovations.
Both hardware and software are closely integrated in the plant biotechnology market, working together to enhance the effectiveness of research, development, and commercialization of genetically modified crops. Hardware devices collect critical data and provide physical means of modifying and cultivating plants, while software processes and analyzes that data to refine and optimize the processes. This synergy is crucial for the future of plant biotechnology as more sophisticated technologies are being developed to meet the growing global demand for sustainable agricultural solutions. As a result, the market for both hardware and software is expected to expand, driven by increased investments in agricultural research, regulatory approval for genetically modified crops, and the need for higher agricultural productivity in response to global challenges such as climate change and population growth.
Global Plant Biotechnology Services Market, Segmentation by Type of Services
The Global Plant Biotechnology Services Market has been segmented by Type Of Services into Genomics Services, Analytical Chemistry, Cellular Imaging, Forage Analysis and Transformation Services.
Analytical chemistry services in plant biotechnology involve the chemical analysis of plant tissues to study their composition, metabolism, and biochemical pathways. These services are critical for understanding the nutritional content, phytochemical profiles, and potential toxicities of different plant varieties. Techniques such as mass spectrometry, chromatography, and spectroscopy are commonly used to analyze plant samples. Analytical chemistry helps in the identification and quantification of key compounds, enabling the development of crops with enhanced nutritional value, better flavor, and longer shelf life. Additionally, these services aid in monitoring the presence of pesticides and contaminants, ensuring the safety and quality of agricultural products.
Cellular imaging services provide detailed visualizations of plant cells and tissues, using advanced microscopy techniques such as confocal microscopy, electron microscopy, and fluorescence imaging. These services are essential for studying the cellular and subcellular structures, physiological processes, and interactions within plants. Cellular imaging helps researchers understand how genetic modifications affect plant morphology and function at the microscopic level. This knowledge is crucial for optimizing genetic engineering techniques and assessing the impact of biotechnological interventions on plant growth and development. Cellular imaging also supports the identification of cellular markers and the study of pathogen-plant interactions, contributing to the development of disease-resistant crops.
Forage analysis services focus on evaluating the nutritional quality and digestibility of forage crops, which are crucial for animal feed. These services involve the assessment of parameters such as protein content, fiber composition, mineral levels, and energy values. By providing detailed nutritional profiles, forage analysis helps farmers select the best forage crops for livestock, ensuring optimal animal health and productivity. Advances in plant biotechnology have led to the development of forage crops with improved nutritional content and digestibility, enhancing the efficiency of livestock production systems. Forage analysis is also important for monitoring the effects of environmental conditions and management practices on forage quality.
Global Plant Biotechnology Services Market, Segmentation by End User
The Global Plant Biotechnology Services Market has been segmented by End User into Research Institutes, Pharmaceuticals Companies and Biotechnology Companies.
The Global Plant Biotechnology Services Market segmentation by end-user provides insights into its key stakeholders, including Research Institutes, Pharmaceutical Companies, and Biotechnology Companies. Research institutes are pivotal in driving fundamental advancements in plant biotechnology. These organizations focus on exploring genetic engineering techniques, plant genome editing, and trait development to improve crop yield, resistance, and quality. Their activities often lay the groundwork for commercial applications and technological breakthroughs, making them a vital segment within the market.
Pharmaceutical companies represent another critical end-user group in the plant biotechnology services market. These companies leverage plant-based systems to produce biopharmaceuticals, such as vaccines, antibodies, and therapeutic proteins. The demand for sustainable and cost-effective production methods has spurred the adoption of plant biotechnology in the pharmaceutical sector. Additionally, pharmaceutical companies are increasingly investing in research collaborations and partnerships with biotech firms to capitalize on innovations like plant-made biologics and biosimilars, further driving growth in this segment.
Biotechnology companies, as the third major segment, play a dual role in the development and commercialization of plant-based solutions. They focus on creating genetically modified crops, biofuels, and pest-resistant plant varieties, which cater to agricultural and environmental needs. These companies also provide essential services like plant genome sequencing, bioinformatics, and molecular diagnostics. Their contributions to sustainable agriculture and biomanufacturing make them a cornerstone of the plant biotechnology services market. Together, these end-user segments underscore the diverse applications and dynamic growth trajectory of the industry.
Global Plant Biotechnology Services Market, Segmentation by Geography
In this report, the Global Plant Biotechnology Services Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Plant Biotechnology Services Market Share (%), by Geographical Region, 2023
The Global Plant Biotechnology Services Market exhibits significant variation in market share across geographical regions, driven by differences in technological adoption, investment in R&D, and regional agricultural needs. North America dominates the market, accounting for a substantial share due to its advanced biotechnology infrastructure, strong presence of key market players, and robust investment in agricultural biotechnology. The United States, in particular, leads with a focus on genetically modified (GM) crops, sustainable farming solutions, and biopharmaceutical production from plant-based systems. Favorable government policies and research grants further bolster the region's market position.
Europe holds the second-largest share in the plant biotechnology services market, characterized by strong regulatory frameworks and an emphasis on sustainable agricultural practices. Countries like Germany, France, and the Netherlands are major contributors due to their focus on eco-friendly crop production and advanced biotechnological research. Although stringent regulations regarding GM crops pose challenges, Europe’s commitment to bio-based economies and innovation in plant genome editing technologies continues to drive growth in the region.
The Asia-Pacific region is emerging as a high-growth market, driven by increasing demand for high-yield crops, expanding agricultural biotechnology research, and rising investments in biotechnology by countries like China, India, and Japan. The region’s agricultural dependence and population growth create a pressing need for innovations to enhance food security and crop productivity. Governments in Asia-Pacific are also providing subsidies and grants to encourage biotechnological advancements, making it a key region for future growth in the plant biotechnology services market. Other regions, such as Latin America and the Middle East & Africa, show steady growth, supported by increasing adoption of biotechnological solutions in agriculture.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Plant Biotechnology Services Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing global food demand
- Advancements in genetic engineering
- Climate change impact mitigation
- Government support and funding
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Rising adoption of precision agriculture - The rising adoption of precision agriculture is significantly contributing to the growth of the global plant biotechnology services market. Precision agriculture involves the use of advanced technologies and data-driven techniques to optimize field-level management regarding crop farming. This approach enhances productivity, reduces waste, and promotes sustainable agricultural practices by utilizing tools such as GPS mapping, remote sensing, and data analytics.
One of the primary drivers of precision agriculture is the increasing need for efficiency and sustainability in farming. With the global population continuing to grow and arable land becoming scarcer, farmers are under pressure to produce more food with fewer resources. Precision agriculture addresses this challenge by allowing farmers to apply inputs such as water, fertilizers, and pesticides more accurately and efficiently. By using biotechnology tools to analyze soil health, monitor crop growth, and predict pest infestations, farmers can make informed decisions that optimize crop yields and minimize environmental impact.
Technological advancements are making precision agriculture more accessible and effective. Innovations in biotechnology, such as the development of genetically engineered crops with specific traits tailored to local environmental conditions, are enhancing the precision agriculture toolkit. For instance, biotech crops engineered for drought resistance or pest tolerance can significantly reduce the need for water and chemical inputs, aligning with the goals of precision farming. Furthermore, the integration of biotechnology with digital platforms enables real-time monitoring and management of crops, providing farmers with actionable insights to improve their practices.
Restraints
- Regulatory and ethical challenges
- High R&D costs
- Limited farmer awareness
- Market acceptance issues
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Intellectual property concerns - Intellectual property (IP) concerns are a significant restraint in the global plant biotechnology services market, posing challenges for innovation, collaboration, and market growth. The complexity of IP rights, particularly patents related to biotechnological inventions, often creates legal and financial hurdles for stakeholders, including researchers, companies, and farmers.
One of the primary issues is the patenting of genetically modified organisms (GMOs) and biotechnological processes. Patents can grant exclusive rights to specific genetic modifications, crop traits, or biotechnological techniques, giving patent holders control over the use and distribution of these innovations. While patents incentivize innovation by providing inventors with a period of market exclusivity, they can also lead to monopolistic practices and limit access to essential biotechnologies. Small and medium-sized enterprises (SMEs) and public research institutions often face difficulties in navigating the complex patent landscape, which can stifle innovation and collaboration.
The issue of IP rights also intersects with ethical and social concerns. There is ongoing debate over the ethical implications of patenting life forms and the impact of such patents on traditional farming practices and biodiversity. Critics argue that the privatization of genetic resources can undermine food sovereignty and disadvantage smallholder farmers, particularly in developing countries, who may lack the financial means to access patented biotechnologies. This can exacerbate inequalities and limit the adoption of beneficial biotechnologies in regions that could significantly benefit from them.
In response to these challenges, there is a growing movement towards alternative IP models and open-source approaches in plant biotechnology. Open-source biotechnology initiatives aim to promote collaborative research and innovation by providing more flexible licensing arrangements and encouraging the sharing of knowledge and technologies. These approaches can help mitigate some of the barriers associated with traditional IP models, fostering a more inclusive and equitable environment for plant biotechnology research and development.
Intellectual property concerns present significant challenges to the global plant biotechnology services market. While patents and other IP rights are essential for incentivizing innovation, they can also create barriers to access, collaboration, and equitable distribution of biotechnological advancements. Addressing these concerns through alternative IP models and supportive policies will be crucial for unlocking the full potential of plant biotechnology and promoting sustainable agricultural development.
Opportunities
- Emerging markets expansion
- Sustainable agriculture practices
- Technological innovation collaboration
- Biofortified crops development
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Digital agriculture integration - The integration of digital agriculture is revolutionizing the global plant biotechnology services market, driving efficiency, precision, and sustainability in modern farming practices. Digital agriculture, also known as smart farming, involves the use of advanced technologies such as IoT (Internet of Things), AI (Artificial Intelligence), big data analytics, and cloud computing to enhance various agricultural processes. This technological convergence allows for real-time monitoring, data-driven decision-making, and optimized resource management, significantly benefiting the plant biotechnology sector.
One of the key benefits of digital agriculture integration is the ability to collect and analyze vast amounts of data from multiple sources, including soil sensors, weather stations, drones, and satellite imagery. This data provides valuable insights into soil health, crop growth, pest infestations, and environmental conditions, enabling farmers to make informed decisions about planting, irrigation, fertilization, and pest control. For example, precision agriculture techniques can use GPS and sensor data to apply fertilizers and pesticides only where needed, reducing input costs and minimizing environmental impact.
Digital agriculture supports the development and deployment of genetically engineered crops with enhanced traits. By integrating biotechnological innovations with digital tools, farmers can monitor the performance of genetically modified crops in real-time, assess their resilience to stress factors, and optimize their growth conditions. This integration facilitates the rapid identification of beneficial traits and the fine-tuning of crop management practices to maximize yields and ensure food security.
Digital agriculture platforms offer farmers and agribusinesses enhanced connectivity and access to information. Mobile apps and cloud-based platforms provide easy access to agricultural data, weather forecasts, market trends, and expert advice, empowering farmers with the knowledge needed to improve their practices and respond to challenges swiftly. This connectivity also fosters collaboration among stakeholders in the agricultural ecosystem, including researchers, extension services, agribusiness companies, and policymakers, enhancing the overall effectiveness of plant biotechnology services.
Competitive Landscape Analysis
Key players in Global Plant Biotechnology Services Market include :
- Thermo Fisher Scientific Inc
- Agilent Technologies
- GenScript Biotech Corporation
- Eurofins Scientific SE
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
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Market Snapshot, By Equipment Type
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Market Snapshot, By Device Type
- Market Snapshot, By Type of Services
- Market Snapshot, By End User
- Market Snapshot, By Region
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- Global Plant Biotechnology Services Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing global food demand
- Advancements in genetic engineering
- Climate change impact mitigation
- Government support and funding
- Rising adoption of precision agriculture
- Restraints
- Regulatory and ethical challenges
- High R&D costs
- Limited farmer awareness
- Market acceptance issues
- Intellectual property concerns
- Opportunities
- Emerging markets expansion
- Sustainable agriculture practices
- Technological innovation collaboration
- Biofortified crops development
- Digital agriculture integration
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Plant Biotechnology Services Market, By Equipment Type, 2020 - 2030 (USD Million)
- Genomic Sequencer
- Temperature Controllers
- Sensors
- Sterilizers
- Centrifuges
- Global Plant Biotechnology Services Market, By Device Type, 2020 - 2030 (USD Million)
- Hardware
- Software
- Global Plant Biotechnology Services Market, By Type of Services, 2020 - 2030 (USD Million)
- Genomics Services
- Analytical Chemistry
- Cellular Imaging
- Forage Analysis
- Transformation Services
- Global Plant Biotechnology Services Market, By End User, 2020 - 2030 (USD Million)
- Research Institutes
- Pharmaceuticals Companies
- Biotechnology Companies
- Global Plant Biotechnology Services Market, By Geography, 2020 - 2030 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Plant Biotechnology Services Market, By Equipment Type, 2020 - 2030 (USD Million)
- Competitive Landscape
- Company Profiles
- Thermo Fisher Scientific Inc
- Agilent Technologies
- GenScript Biotech Corporation
- Eurofins Scientific SE
- Company Profiles
- Analyst Views
- Future Outlook of the Market