Biotechnology in the United Kingdom
SummaryBiotechnology in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The biotechnology market consists of the development, manufacturing, and marketing of products based on advanced biotechnology research.
- The UK biotechnology market had total revenues of $137.0 billion in 2022, representing a compound annual growth rate (CAGR) of 10.4% between 2017 and 2022.
- Medical/healthcare segment accounted for market's the largest proportion in 2022, with total revenues of $92.3 billion, equivalent to 67.4% of the market's overall value.
- The UK held the largest share in the European biotechnology market, accounting for 54.9% share in 2022. The market is growing as a result of factors such as supportive government policies, the introduction of new and cutting-edge products, significant investment in the biotechnology industry, and rising demand for new and innovative goods.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the biotechnology market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the biotechnology market in the United Kingdom
- Leading company profiles reveal details of key biotechnology market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom biotechnology market with five year forecasts
Reasons To Buy
- What was the size of the United Kingdom biotechnology market by value in 2022?
- What will be the size of the United Kingdom biotechnology market in 2027?
- What factors are affecting the strength of competition in the United Kingdom biotechnology market?
- How has the market performed over the last five years?
- Who are the top competitiors in the United Kingdom's biotechnology market?
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