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Biotechnology in Australia: Market Research Report

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

Biotechnology Market Research Report | ANZSIC X0001 | Sep 2015

Cell growth: Revenue has increased as industry products are successfully commercialised

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
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 11-16
3.8%
Annual Growth 16-21
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Profit
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Employment
14,450
Businesses
483
Industry Analysis & Industry Trends

The Australian biotechnology industry is one of the largest in the world. Biotechnology is an increasingly important part of product development in a variety of industries. Biotechnology refers to the use of living organisms, or their products, to modify human health and the environment. While genetically modified products remain controversial, attitudes are beginning to change and there has been increasing acceptance of the process in agricultural industries and across other sectors.

Biotechnology companies often use research that began in higher education, public and not-for-profit research organisations. While company stock sales and interest income fund a large amount of biotech R&D, funding largely comes from government and non-profit organisations... purchase to read more

Industry Report - Industry Products Chapter

Most biotechnology companies are small to medium-size enterprises that focus on a single product line. Nearly all of these companies seek to develop products, although only a few operate in the marketplace and sell these products to consumers. Many biotech companies license their products to other companies that have a market presence, including larger multinational players.

Most industry companies research and develop new therapeutic or diagnostic products that target human diseases, although there is also a growing number of companies focused on agricultural and industrial biotech applications... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Biotechnology Industry?

Biotechnology is the application of science and technology to living organisms and also parts, products and models, to alter living or non-living materials to produce knowledge and biotechnology products and services. The industry covers biotechnology research and development, licensing, product manufacturing and product wholesaling. Companies that focus on medical devices are not included in this industry.

Industry Products
Environmental and natural resource recoveryHuman health biotechnologyAgricultural biotechnology Biotechnology service supply
 
Industry Activities
DNA codingCell and tissue culture engineeringProcess biotechnologiesSub-cellular organisms


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