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

IBISWorld’s Biotechnology market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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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 Investment Chapter

The industry relies on skilled labour for R&D and product development, with a heavy reliance on scientists and clinical trial staff. The industry also employs people for advanced manufacturing functions, sales, marketing and distribution. Labour costs account for just under one quarter of industry revenue. This high level of labour costs is due to the industry's need for highly qualified employees.

The industry also requires significant capital investments. The scientific instruments and equipment used for R&D activities are often highly specialised and expensive. According to the Australian Science, Technology and Engineering Council, about 95% of equipment used in basic research is imported... 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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