Overview

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

IBISWorld’s Biotechnology market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

REPORT SNAPSHOT

Market Share of Companies
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth
2012 - 2017
4.0%
Annual Growth
2017 - 2022
Profit
Employment
14,664
Business
480

Industry Threats & Opportunities

  • Biotechnology has become an important part of product development in a variety of industries
  • The industry is one of the beneficiaries of the recent slowdown in resources sector investment
  • The Biomedical Translation Fund for biomedical innovations with commercialisation potential may benefit players

  • shopping_cartBUY NOW TO READ MORE

    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...

    shopping_cartBUY NOW 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.

    ..

    shopping_cartBUY NOW TO READ MORE

    Additional Insights for the Biotechnology Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Biotechnology Industry are

  • Access to niche markets
  • Ability to quickly adopt new technology
  • Highly trained workforce
  • IBISWorld analysts also discuss how external factors such as Private research and development expenditure and All Ordinaries index in the Biotechnology industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Click here to read our

    New Zealand Special Report

    Industry Products

    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 the industry.

    Industry Products
    Environmental and natural resource recovery
    Human health biotechnology
    Agricultural biotechnology
    Food production & processing technologies
    Industrial biotechnology
    Industry Activities
    DNA coding
    Cell and tissue culture engineering
    Process biotechnologies
    Sub-cellular organisms

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Private research and development expenditure
  • All Ordinaries index
  • Demand from shearing, cropping and agricultural support services
  • Total health expenditure

  • Current Performance
  • Government support
  • Alternative cash sources
  • The global market
  • Chart: Revenue Growth

  • Industry Outlook
  • Profitability
  • Operating environment
  • Biotech applications
  • Table: Biotechnology Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Biotechnology Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Tea, Coffee and Other Food Manufacturing
  • Pharmaceutical Product Manufacturing
  • Specialist Medical Services
  • Agribusiness

  • Key Selling Industries
  • General Hospitals
  • Scientific Research Services

  • Products & Services
  • Human health biotechnology
  • Agricultural biotechnology
  • Industrial biotechnology
  • Environmental and natural resource recovery
  • Food production & processing technologies
  • Other
  • Chart: Biotechnology Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Pharmaceutical industry
  • Governments
  • Farmers and food processors
  • Other markets
  • Chart: Major Market Segmentation for the Biotechnology Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Biotechnology

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Biotechnology Industry

  • Industry Globalization
    Major Companies
    CSL Limited
  • Table: CSL Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Biotechnology Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Biotechnology Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Angel Investors
  • An investor who provides financial backing for small start-ups. Angel investors are often family or friends-based and focus on helping the business succeed rather than maximising returns.
  • Cloning
  • Creation of genetically identical copies of DNA fragments, cells or organisms.
  • Commercial Ready
  • A Federal Government grant (no longer in use) to assist companies that are not yet profitable.
  • Gene Therapy
  • Gene therapy involves the insertion of genes into a person's cells and tissues for medical purposes (e.g. to treat disease).
  • Genetic Modification (Gm)
  • Direct manipulation to alter the structure and characteristics of genes (e.g. from plants, animals, humans or organisms). An example is altering plant DNA to increase crop yield and resistance.
  • Venture Capital
  • Private equity provided to early stage companies with high growth potential. Venture capitalists often use their expertise to take an active role in the management and direction of the company.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Biotechnology:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Biotechnology market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Biotechnology, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear