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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 | May 2016

Good genes: Industry revenue increases as more companies move towards profitability

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
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 refers to the use of living organisms, or their products, to modify human health and the environment. While genetically modified (GM) 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 is an increasingly important part of product development in a variety of industries.

Biotechnology companies often use research that began in higher education, public and not-for-profit research organisations. While government and non-profit organisations remain important sources of funding, the private sector is increasingly contributing to industry revenue... purchase to read more

Industry Report - Industry Analysis Chapter

The Biotechnology industry is now in its third decade. The industry is composed of a range of players, from small start-ups to commercially viable operations selling biotech products domestically and in international markets. A growing number of biopharmaceutical companies are using new technology platforms to focus on unmet health needs. Biotech companies are also taking advantage of converging technologies to develop new applications for agricultural markets, industrial processes and the environment. These include environmental remediation and resource efficiency 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 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 Food production & processing technologiesIndustrial biotechnology
 
Industry Activities
DNA codingCell and tissue culture engineeringProcess biotechnologiesSub-cellular organisms


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