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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 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.

With little information available, the product segmentation is based on the number of enterprises operating within each major field... 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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