Biotechnology in the UK: Market Research Report

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

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

Marvellous medicine: The ageing British population is stimulating demand for biopharmaceuticals

IBISWorld’s Biotechnology market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

The Biotechnology industry investigates and capitalises on 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 increasingly 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 Key Buyers Chapter

The industry is comprised predominantly of small and medium-size enterprises. According to a joint study published in 2011 by the Department of Health, UK Trade & Investment and the Department of Business, Innovation and Skills, 98% of all medical biotechnology companies are small or medium-size enterprises with fewer than 250 employees.

Fewer than half of all firms in the industry are more than 10 years old and just over 40% are between four and nine years old. There is some fluctuation on these figures across product segments, but most companies, like the industry itself, are relatively young. They are also fairly small; even the largest UK-based firms tend to be modest operations. Most are happy to stay lean and focus on a limited number of products... 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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