Top 6 Advantages of Pursuing a Career in Biotechnology
The pharmaceutical sector in India has its characteristics. These characteristics are related to the fact that the country has been growing steadily over the last few decades. There are a lot of positive aspects which help in its growth and development. The pharma industry is responsible for improving the lives of people. Some of the major developments which have resulted in improved quality of life include new and the latest technology. It is interesting to note that the government is playing a major role in increasing investment and developing new technologies. The new technologies can be taken into account to create new medicines and develop new processes.
The Indian pharmaceutical industry is a dynamic one. India is the world's 3rd largest volume producer and 14th largest value manufacturer of pharmaceuticals. In 2020, the Indian biotechnology sector was worth $70.2 billion, and by 2025, it is predicted to be worth $150 billion. Today, Pharma companies are more and more moving to new areas such as generics, vaccines, research, biosimilars and gene therapies, just to name a few. Some of the big pharma companies are even developing their generics. The domestic market is predicted to rise threefold in the next decade, according to the Indian Economic Survey 2021. India's domestic pharmaceutical market is at US$ 42 billion in 2021 and likely to reach US$ 65 billion by 2024 and further expand to reach ~US$ 120-130 billion by 2030. The industry’s growth is also attributed to big corporations, such as Janssen, Pfizer, Abbot, Johnson & Johnson and others.
Pursuing a career in Biotechnology is a lucrative career and you can earn handsome pay. You will be receiving an attractive salary package as you pursue a career in Biotechnology. Moreover, the job prospects are promising and as per the recent studies, the employment in Biotechnology sector is expected to increase. In short, it is the best-paying job you can pursue. Going ahead, in this blog we will take a closer look at the top advantages of pursuing a career in Biotechnology.
What is Biotechnology Degree?
In an advanced technological world like 21st century India, you cannot just get anything with a snap of a finger. The world is full of competition and the only way to be on top is with a proper education in mind. To get this you must have some knowledge and skill to handle things more effectively. This is where you need a career and that is where a Biotechnology Degree comes into play. Biotechnology is a specific domain of biology that deals with the advancement of the field of science and technology for human benefit. This sector is the 3rd largest industry in the world and also the fastest-growing sector in India's economy.
Biotechnology is the science dealing with genetic materials. It is different from other fields of science. It makes use of the biological systems and systems to get the required results.
The Biotechnology degree course provides the opportunity to learn about the biological sciences, study the basic and advanced techniques of research, learn to apply experimental methods and analytical procedures, and understand the applications and uses of biotechnology.
Biotechnology focuses on applying the knowledge and expertise of biological and life sciences to create novel solutions to human welfare. The primary objective of biotechnology is to create new products from biological systems that cannot be created by other manufacturing processes.
A person with a degree in Biotechnology can be a genetic researcher, geneticist, bioinformatician, molecular biologist, or other similar jobs.
Read more: Career Scope Of B.Sc. Biotechnology
Advantages of Pursuing a Career in Biotechnology
At the heart of Biotechnology lies science and technology; to study this branch of science, it is very essential to have a passion for science. You must incline to learn and make progress and be creative to develop a novel idea and put it into the market. By pursuing a career in Biotechnology, you can make a difference in the health and well-being of people as well as save the environment.
You can develop a successful career in Biotechnology if you are a person who is highly intellectual, hardworking, goal-oriented and willing to learn more. If you are aspiring to be a biotechnology professional, then here are the top 6 advantages that will help you to decide on which field to pursue a career in Biotechnology.
1. Core Education Base
Biotechnology is one of the most popular courses today since it enables you to learn about innovative biotechnology technologies. To avoid plunging into such a sector, one must be well-versed in the most up-to-date techniques and technology. Biotechnology is an excellent major career option in general since it provides aspirants with applicable skills and a higher salary. The program boosts your ability to adapt to continual change.
2. Future Scope
Biotechnology courses have a wide spectrum of uses in both the private and public sectors. Selecting the best appropriate industry based on your passion and expertise will help you boost your future opportunities for work. Graduates, postgraduates, and diploma holders in the subject of biotechnology will find an endless plethora of career options. Both sectors are engaged in research and other related processes, so you can establish a career in either. From the medical area to intellectual work in prestigious government or private organisations, there are countless job roles one can opt for. Hence, choose your working sectors based on your skill set and future career goals.
3. Rewarding Career Growth
With a vast choice of Biotechnology courses to choose from, you have a myriad of possibilities to advance professionally and take better courses to further your career. You must also improve your skill set to keep up with the times. To stay relevant in such a profession, you must be familiar with the latest tools and technology. In addition, there is a lot of room for advancement in this profession; you can start at the bottom and work your way up to become a senior scientist. Candidates with a strong knowledge foundation and an interest in coming up with innovative technologies will find some renowned and lucrative employment in biotechnology. Biotechnology also has a lot of potential in other advanced economies overseas.
4. In-demand Careers Options in Biotechnology
Biotechnology provides a host of career opportunities. In recent times, it is one of the fastest-growing fields in India. This career path offers several attractive and rewarding opportunities. When we think of a biotechnology career, we visualize a person in a white lab coat operating in a laboratory and developing medicine. But Biotechnology is not just limited to labs. The field of biotechnology has evolved into a wide array of career options, including research, education, medicine, manufacturing, and consulting. Candidates considering a career in biotechnology have an abundance of potential avenues to choose from. Biomedical Engineer, Medical Scientist, Biochemist, Microbiologist, Clinical Technician, Bio-Manufacturing Specialists, Process Development Scientist, Business Development Manager, and more professions are available to the candidate. All you have to do now is get ready for the next possibilities.
Read more: Importance And Benefits Of Biotechnology In Medical, Healthcare And Other Fields
5. Strong Network with Professionals
Professionals not only understand the essence of biotechnology in the bigger framework, but they also have the opportunity to improve their abilities. While taking the course, you can also develop potential and use your network to find a suitable career. Internships and industrial experiences also allow students to expand their professional networks.
6. Job Security
Biotechnology has been recognized as one of the most important scientific breakthroughs in recent period. Following Covid-19's downfall, the worth of biotechnology professionals has soared. It is an interdisciplinary profession with a diverse range of job opportunities. Today, Biotechnology is among the most economic downturn professions. The field teaches knowledge and experience that aids in dealing with future contingencies and devising techniques for community development and empowerment.
7. Conclusion
The scope of a Bsc.biotechnology course is fairly broad. You'll have a multitude of choices to advance professionally if you take a wide variety of courses. Furthermore, staying current with critical knowledge and abilities can propel your career to new heights. A degree in Biotechnology from the premier institutes can help you land some respectable and prestigious positions for individuals who want to work on cutting-edge technologies. Most universities offer some form of a professional degree program in biotechnology; however, some universities offer advanced degrees.
Graduates are well-prepared to enter into a wide range of career opportunities.
So, you're ready to think about it and make a decision, right? If you're still hesitant, take a peek at the Biotechnology courses offered at Mangalayatan University.
Explore, enrol in, and earn a degree in this field to support the community and stay safe! Stop pondering and get in touch with our career counsellor right now.