Biotechnology in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
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Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the biotechnology market in the United States
Leading company profiles reveal details of key biotechnology market players’ global operations and financial performance
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What was the size of the United States biotechnology market by value in 2016?
What will be the size of the United States biotechnology market in 2021?
What factors are affecting the strength of competition in the United States biotechnology market?
How has the market performed over the last five years?
What are the main segments that make up the United States's biotechnology market?
The biotechnology market consists of the development, manufacturing, and marketing of products based on advanced biotechnology research. The US biotechnology market is expected to generate total revenues of $164.6bn in 2016, representing a compound annual growth rate (CAGR) of 12.9% between 2012 and 2016. The Medical/Healthcare segment is expected to be the market's most lucrative in 2016, with total revenues of $96.9bn, equivalent to 58.9% of the market's overall value. The United States has been able to lure promising start-ups from UK and other countries via a better investment culture. However, China is putting the US under pressure in regards to investment and is making gains in regards to new breakthrough drugs.