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Biotechnology in the US - Industry Market Research Report

  • ID: 328490
  • Report
  • January 2022
  • Region: United States
  • 52 Pages
  • IBISWorld
Good chemistry: Growing private investment is likely to support rising demand for biotechnology

FEATURED COMPANIES

  • AbbVie Inc.
  • Amgen Inc.
  • Bayer AG
  • Genetech Inc.
  • Gilead Sciences Inc.

Biotechnology in the US


The Biotechnology industry is growing quickly, characterized by a multitude of product applications and a wide range of burgeoning markets. Growing demand for ethanol indicates the increasing importance of crop yields to agricultural customers, which have consistently demanded industry products over the past five years and will likely continue to do so over the five years to 2024. Similarly, more than half industry revenue is generated by sales of healthcare products, and the aging US population has driven demand for that segment's products as a result of their growing medical needs. However, expired patents have created the opportunity for new entrants to develop new drugs with the possibility of being purchased by larger companies during the latter part of the period. Meanwhile, as competition from overseas falls over the next five years, industry revenue is projected to grow.

Companies in this industry primarily use living organisms or molecular and cellular techniques to provide chemicals, food and services that meet human needs. The industry excludes companies involved in developing small-molecule pharmaceuticals, performing contract research or manufacturing biological equipment.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AbbVie Inc.
  • Amgen Inc.
  • Bayer AG
  • Genetech Inc.
  • Gilead Sciences Inc.

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources

INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle

PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations

COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization

MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance

KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios

JARGON & GLOSSARY
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Amgen Inc.
  • Genetech Inc.
  • Gilead Sciences Inc.
  • AbbVie Inc.
  • Bayer AG
Note: Product cover images may vary from those shown

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