The technology in every aspect
has evolved in the last few decades and the same is the case with
biotechnology. It is a fact that during the era of the 1970s, the emergence of
modern biotechnology was observed by the world. The first industry which started
to benefit from biotechnology was the health industry. It was just the
beginning of a new revolution because biotechnology has achieved so much since
then. In the era of 1980s, the approaches used by the health sector were
focused on the food & agriculture sector. It was another evolutionary step
for the field of biotechnology. Then, in the next step, biotechnology started
to increase the capabilities associated with the processes of microbial. In the
1990s, the systems biology was introduced, and in the era of the 2000s,
synthetic biology has emerged. These two steps were great for the evolution of
biotechnology because they were transformational in the design of
microorganisms. This bio-based evolution and transformation continued over the
period of time, but it is quite interesting that manufacturing, as well as
chemical industries, did not consider using biotechnology as many other
industries have done it already. There must be some challenges and issues to
overcome, which are hindering these industries to adopt the evolution of
biotechnology, which can be great in so many ways (Lorenzo, 2018)
It is important to get deep into
the discussion, how biotechnology has gone through evolutionary processes over
the period of time, and how it benefited so many fields. It is now proved that
various field such as health care, science, business, the regulatory
environment, as well as law have been experiencing a significant impact by
biotechnology. In the last three decades or so, progress has been faster than
ever before. In this time period, the number of novel biotechnology products
has been more than 260. The data has shown that only in 2013, the global sales
figure for these products has been more than $175b, which is a huge figure in
so many ways. This sales figure has helped around 4600 companies all around the
world, which are associated with the business of biotechnology. The most
significant impact made by biotechnology is on the healthcare sector, where it
covered do many aspects of this sector. It not only helped the essence of
patient care, but it also helped in business development, science innovation,
as well as activity of government in health sector. It is said that if both
private as well as public sector will continue to cooperate in this regard, the
future of biotechnology is even brighter than what it has achieved so far (Evens & Kaitin, 2015)
It is important to mention here
that now biotechnology has matured in so many ways as an industry, and this
progress is going to continue with more growth and development, especially in
the field of health care. The health care organizations and pharmaceutical
companies are realizing that biotechnology can be a great source for innovation
and it can provide great competitive advantages. It has been observed that
different forces will continue the evolution of biotechnology in the health
care sector. One of the forces is the fact that the pharmaceutical industry
needs more and more innovation. The other major force to drive biotechnology is
the need for developing new medicines and ways to treat a variety of diseases.
There is no argument against the fact that biotechnology has been great for the
health of humans. It has come up with great medical devices, which are being
used for prevention as well as diagnostic purposes. The life quality, health as
well as life expectancy has been improved on the global scale with the help of
biotechnology (Afzal, et al., 2016)
References
of the
New Evolutions in Biotechnology and their Good Impact on Health
Afzal, H., Zahid, K., Ali, Q., Sarwar, K., Shakoor,
S., Nasir, U., et al. (2016). Role of Biotechnology in Improving Human
Health. Journal of Molecular Biomarkers & Diagnosis , 8
(1).
Evens, R., & Kaitin, K. (2015). The Evolution Of Biotechnology And
Its Impact On Health Care. HEALTH AFFAIRS , 34 (2).
Lorenzo, V. d. (2018). How biotechnology is evolving in the Fourth
Industrial Revolution. Retrieved December 1, 2019, from
https://www.weforum.org/agenda/2018/05/biotechnology-evolve-fourth-industrial-revolution/