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Biotechnology in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Biotechnology Market Research Report | SIC UK0.001 | Mar 2014

A medical miracle: Revenue grew strongly during the downturn thanks to steady demand for new medicines

IBISWorld’s Biotechnology market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£8bn
Annual Growth 09-14
3.9%
Annual Growth 14-19
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Profit
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Employment
43,203
Businesses
1,032
Industry Analysis & Industry Trends

The Biotechnology industry investigates the commercial applications of biological manipulation. It is fast becoming a prominent part of the UK life sciences scene alongside pharmaceutical and medical technology firms. The convergence of these three technologies is making it ever more difficult to identify the boundaries between them. The Biotechnology industry relies heavily on third-party financing, so the economic downturn posed significant funding challenges. Low business confidence made private financiers uncertain about investing in risky research and development (R&D) projects. This dampened growth, but could not contain it... purchase to read more

Industry Report - Industry Locations Chapter

The industry has developed in clusters around leading universities and research centres. These clusters have grown from universities that have commercialised their research by spinning off companies and publicly funded research institutions.

The two major biotechnology clusters in the United Kingdom are near Cambridge University in the East of England and Oxford University in the South East. In addition to the universities, the areas are home to a number of biotechnology companies, research institutes and hospitals. There are over 150 bioscience companies currently operating in or around Oxfordshire... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Biotechnology Industry?

Biotechnology uses scientific principles to create technological applications that use biological systems, living organisms or derivatives thereof to make or modify products or processes. The industry focuses on medicinal, industrial and agricultural biotechnology applications.

Industry Products
Human health productsAgriculture and food enhancement productsAnimal health productsEnvironmental remediation and resource efficiency servicesBiotechnology services
 
Industry Activities
Coding, mapping and sequencing DNA and RNACulturing and engineering cells and tissuesProtein sequencing, synthesis and engineeringUsing nanotechnology to study biological systems


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