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Biotechnology in the UK - Market Size (2013–2031)

SIC M72.110 Last Updated: December 2024
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£22.2bn Biotechnology in the UK Market Size in 2024
7.9% Biotechnology in the UK Market Size Growth in 2024
8.1% Biotechnology in the UK Market Size CAGR 2019-2024
Biotechnology in the UK Market Size CAGR 2024-2029

Curious about what drives these trends? IBISWorld's Biotechnology in the UK Industry Report has got you covered.

Questions Clients Ask About This Industry

  • What was the market size of the Biotechnology in the UK in 2023?

    The market size of the Biotechnology in the UK was £20.6bn in 2023.

  • What was the growth rate of the Biotechnology in the UK in 2023?

    The market size of the Biotechnology in the UK increased 5.1% in 2023.

  • What was the market size of the Biotechnology in the UK in 2024?

    The market size of the Biotechnology in the UK is £22.2bn in 2024.

  • What is the growth rate of the Biotechnology in the UK in 2024?

    The market size of the Biotechnology in the UK increased 7.9% in 2024.

  • Has the Biotechnology in the UK grown or declined over the past 5 years?

    The market size of the Biotechnology in the UK has grown at a 5.1% CAGR between 2018 and 2023.

  • Is the Biotechnology in the UK expected to grow or decline over the next five years?

    See our full analysis of the Biotechnology in the UK to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Biotechnology in the UK grown or declined over the past 5 years?

    The market size of the Biotechnology in the UK has grown at a 8.1% CAGR between 2019 and 2024.

  • Is the Biotechnology in the UK expected to grow or decline over the next five years?

    See our full analysis of the Biotechnology in the UK to understand if the industry market size is expected to grow or decline over the next five years.

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