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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 | Oct 2015

A spoonful of sugar: The improving economy should provide the industry with a dose of growth

The Biotechnology market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£9bn
Annual Growth 11-16
4.6%
Annual Growth 16-21
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Profit
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Employment
48,222
Businesses
1,096
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 industry relies on third-party financing, so the economic downturn posed significant funding challenges during many years of the period. This dampened growth, but could not contain it. Britain's ageing, ailing population requires advanced treatment options to ward off natural bodily decline and the Biotechnology industry has managed to attract relatively high levels of private investment to research this area... 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 and 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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