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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 2016

Cultured growth: Government support and maturing firms are likely to boost revenue

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, develops and capitalises on the commercial applications of biological manipulation. It is fast becoming a prominent part of the UK life science sector, 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 and its lasting effects 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, which benefited the Biotechnology industry... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

As a relatively new industry, Britain's biotechnology sector is in the growth phase of its life cycle, with expansion rates significantly outpacing those of the overall economy. Demand for products commercialised following biotechnology research is growing for a number of reasons. At the heart of the industry's growth is the potential for biotechnology to remedy critical issues like terminal diseases and global shortages of food and fuel. Biotechnology companies are rapidly developing new products in these areas of need. Untapped markets exist and firms are using technology to create products to meet that demand... 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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