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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 2017

New developments: The government has prioritised biotechnology, bolstering investment

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
Revenue
£10bn
Annual Growth 12-17
5.2%
Annual Growth 17-22
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Profit
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Employment
50,874
Businesses
1,114
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 past five-year period. This dampened growth, but could not contain it. Britain’s ageing population requires advanced treatment options to ward off decline, which benefited the Biotechnology industry... purchase to read more

Industry Report - Industry Analysis Chapter

Bioscience has been declared a national priority by the British government. The industry relies heavily on government financing because it struggles to attract private investment for pioneering speculative research. The long investment horizon means that even established biotechnology ventures face challenges when raising capital for product development. The relative youth of the industry often further wards off private investment. After existing for about 30 years, the Biotechnology industry has only recently become profitable and is slowly moving to reduce its reliance on governmental support.

Overall, growth in the industry tends to be determined by the rate at which products can be developed and brought to market. The.. 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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