E3S Web Conf.
Volume 295, 2021International Scientific Forum on Sustainable Development and Innovation (WFSDI 2021)
|Number of page(s)||12|
|Section||Sustainable Development of Regions: Economic Aspect|
|Published online||26 July 2021|
Trends of the German biotech market
RUDN University, 117198 Moscow, Russian Federation
* Corresponding author: email@example.com
Over the past few years, biotechnology has become one of the most promising sectors of the economy. The biotech industry has been a vital instrument in developing and supplying COVID-19 vaccines in record time. The article discusses global trends in technology development in this area. The major players in the global biotechnology market have been identified, and the positions of Germany have been determined. The authors defined a crucial role of the biotech sector in German innovation and discuss the main trends in the growth of the German biotechnology market with a volume forecast of biotechnology output in Germany for 2020–2023.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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