Noida, India (PressExposure) November 25, 2009 -- Malaysia has emerged as a new hub for biotechnology professionals. Malaysian biotechnology market has been witnessing continuous growth in investments due to countryâs rich biodiversity, increasing government efforts to promote the industry and availability of low-cost human resources. According to our new research study âEmerging Biotech Sector in Malaysiaâ the Malaysian biotech market is projected to grow at a CAGR of around 21% during 2010-2012.
The report presents extensive study on the biotechnology market in Malaysia, with focus on present and future trends to enable clients understand the market dynamics. With increasing government efforts to develop biotech market at global level, the Malaysian biotech market will experience a robust growth in next few years. In this regard, the report provides ample information on the current government initiatives and their significance in the development of the industry.
We have also studied different segments of the industry in order to identify key trends shaping up within the market. After a thorough evaluation, we have found that healthcare biotech segment has the highest potential in the overall biotech market in Malaysia. Besides this, the agriculture biotech market is also expected to post strong growth mainly because of countryâs expertise in the sector. Besides this, the report also provides an overview of certain roadblocks that are restraining the growth of the industry and also gives certain useful recommendations that will prove beneficial for both clients and government in future.
We believe that regulatory environment plays an important role in the development of biotech industry and our research study provides a complete view of the regulatory framework of the biotech industry in Malaysia.
âEmerging Biotech Sector in Malaysiaâ also provides brief business profile of the key players in the Malaysian biotech market. This will give our clients a competitive edge over t their competitors in the market. Overall, our research study provides valuable information to clients looking to venture into this market and helps them to devise strategies while going for an investment/partnership in the concerned market.
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