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Biotechnology in the US - Industry Market Research Report

US Biotechnology Market: Healthcare reform and agricultural demands will drive growth


Companies & Markets

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11.06.2014 10:22:01 - Biotechnology in the US - Industry Market Research Report - a new market research report on companiesandmarkets.com

(live-PR.com) - Demand for cutting-edge medicines and treatments will result in strong growth for the Biotechnology industry. While it was not entirely immune to the recession, healthcare reform, environmental concerns and the aging population will drive solid revenue growth in the next five years. Furthermore, federal mandates will likely benefit the industry, leading to increases in research and development over the period...

The

 

US Biotechnology industry continues to be populated by many hundreds of small companies, alongside a few giant pharmaceutical, chemical and agricultural firms. The top four industry players generate 42.3% of total annual industry revenue, representing a moderate level of market share concentration. Although the industry´s large players generate a significant amount of revenue, the industry has been characterized by persistent fragmentation since its inception, and the majority of biotechnology firms still employ fewer than 50 employees. The company´s fragmentation and moderate concentration are at least partly a result of the cutting edge nature of industry research and development processes...

Major Market Players

Amgen Inc.
Genentech Inc.
Gilead
Monsanto

Revenue
$98bn
Annual Growth 09-14
5.5%
Employment
214,704
Businesses
1,913

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Author:
Mike King
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Phone: 44 0203 086 8600


 

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