Research Methodology – Biotechnology Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Biotechnology Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Biotechnology Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share:
- Number and size of companies in biotechnology industry.
- Annual Revenue of those companies.
- The size and growth of these companies' customer bases.
- The price of biotechnology products and services.
- Trends in government and private sector funding.
- Global, national, and local economic conditions.
- Technological advancements in the industry.
- Market trends and changes in consumer behaviors.
- Government policies and regulations.
- Acquisition and merger activities in industry.
- Analysis of existing patents and innovations.
- Competitive landscape.
2 Key Market Indicators:
- Revenue growth in the biotechnology sector.
- Number of patents filed in the biotechnology sector.
- Investment in research and development.
- Number of start-up companies in the sector.
- The volume of mergers and acquisitions.
- Levels of government and private sector funding.
- Market capitalization of the biotech companies.
- Number of IPOs in the biotech sector.
3 Growth Trends:
- Increasing demand for personalized medicine.
- Growth in gene editing technologies.
- Advances in cell and gene therapy.
- Rising demand for synthetic biology.
- Growth in agricultural biotechnology.
- Growing use of biotech in environmental applications.
- Increasing use of AI and machine learning in biotech.
- Increasing public and private funding in biotech research.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Biotechnology Market. Key inputs include:
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Biotechnology Market
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights
Available for purchase with detailed segment data, forecasts, and regional insights.
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