Biotechnology Industry
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Transcript of Biotechnology Industry
Fact Sheet – Biotechnology Industry
2012
Global:
• The global biotech industry was $84.6 billion in 2010 and is expected to grow at a 7% CAGR to
$103 billion by 2013
Major Markets: USA, Europe, Australia, Asia-Pacific, Canada
Growth Drivers
• Active participation by private players
• Rising information technology innovation
• Improving healthcare infrastructure worldwide
Major issues
• Increasing regulatory demands, increasing funding and innovation pressures, environment
sustainability, food safety and security, human health & medicine
India:
• The Indian biotech Industry was Rs.17249.34 crores and is expected to grow at 21.5 % CAGR.
India contributed 28.66% to overall USD 128.26 billion Asia – Pacific market. It is expected to
reach USD 11.7 Billion by 2017
Major Segments and Contribution
• Biopharma – 61.77%, Bioservices -18.82%, Bioagri – 14.38%, BioIndustrial – 3.63%,
Bioinformatics – 1.41%. Bioagri is promising field which is growing at rate of 28%
Growth Drivers
• India’s large population is huge market for Biotech products
• Increased healthcare expenditure due to rising income
• Strong growth in export demand
• Increasing number of Indian pharmaceutical players entering into biotech segment
Positives: India's human gene pools offering an exciting opportunity for genomics
Negatives: Radical cost-cutting in healthcare budgets coupled with escalating drug development
costs
Major Issues: Intellectual Property Rights is granted only for invention and not for discoveries, in
India
Sources:
• Bourne Capital Partners – June 2011, E&Y Beyond Borders –Global Biotechnology Report 2011, Biospectrumindia -The Ninth Survey
of Indian Biotech Industry June 2011, businesstoday.intoday.in, ENVIS Newsletter on Environmental Biotechnology of Ministry Of Environment & Science, Govt.of India, www.fbae.org(Foundation for Biotechnology Awareness and Education)
• Interlink Knowledge Cell