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Report Overview

The Australia biotechnology market was valued at USD 36.17 Billion in 2025 and is expected to grow at a CAGR of 10.20%, reaching USD 95.54 Billion by 2035. The market growth benefits from strong government backing, generous R&D tax incentives, and robust collaboration between universities and private firms. It is challenged by policy uncertainties and heavy reliance on niche players. The forecast value is boosted by accelerating demand for personalized medicine, bioinformatics growth, and expansion in synthetic biology and biopharmaceutical manufacturing.

Key Market Trends and Insights

  • By technology, the DNA sequencing segment held approximately 15% market share in the historical period.
  • Based on application, the health segment accounted for the largest share in the historical period.

Market Size and Forecast

  • Market Size (2025): USD 36.17 Billion
  • Projected Market Size (2035): USD 95.54 Billion
  • CAGR (2026-2035): 10.20%
2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

  • In August 2025, Queensland announced ENTRI, Australia’s first on-demand cGMP biomanufacturing facility, aimed at accelerating RNA, cell therapy, and biologics development. This strategic investment is expected to significantly strengthen domestic capabilities and boost market growth.

  • One of the major market trends includes the approval of GM cotton with insect resistance and herbicide tolerance. For instance, in 2025, Australia authorized Bayer’s GM cotton, boosting adoption of advanced genetic technologies and supporting biotechnology market growth.

  • The market is expanding due to rising R&D investments, supportive government initiatives, and strong innovation capabilities, while leading industry players continue advancing therapeutic solutions and technologies. These are collectively accelerating the market growth across healthcare and industrial applications.

Compound Annual Growth Rate

10.2%

Value in USD Billion

2026-2035


*this image is indicative*

Australia Biotechnology Market Overview

Biotechnology plays a pivotal role in advancing medical, agricultural, and industrial solutions by leveraging innovative biological processes to improve human health, enhance productivity, and support sustainable development. The market demonstrates strong growth driven by expanding research capabilities, rising healthcare demands, and increasing governmental support for advanced therapeutics and life-science innovation. The market was valued at USD 36.17 Billion in 2025, reflecting the sector’s accelerating progress and its strategic importance in strengthening national healthcare outcomes, fostering scientific excellence, and promoting the commercialization of cutting-edge biotechnological applications across diverse industries.

Australia Biotechnology Market Growth Driver

Advancements in Biosimilar Access to Boost the Market Expansion

The rising adoption of advanced biosimilars that improve therapeutic accessibility and support cost-efficient care is a significant factor driving the growth in the market. In July 2025, Biocon Biologics introduced Nepexto®, a biosimilar to Enbrel® (Etanercept), in Australia through its partner Generic Health. This launch underscores growing confidence in biosimilar therapies for autoimmune conditions and aligns with the nation’s increasing focus on expanding high-quality biologic alternatives. As leading global biotechnology firms broaden their immunology portfolios in Australia, the market is well-positioned for sustained expansion supported by enhanced treatment availability and improved patient outcomes.

Australia Biotechnology Market Trends

Key trends in the market include an increasing focus on next-generation biosensing technologies and a growing emphasis on advanced RNA manufacturing.

Rising Focus on Next-Generation Biosensing Technologies Likely to Enhance Market Value

The market is increasingly driven by the rapid advancement of next-generation biosensing technologies aimed at improving real-time diagnostics and biological threat detection. For instance, in August 2025, the Australian Research Council supported the launch of the ARC Research Hub for Molecular Biosensors at Point-of-Use (MOBIUS) at La Trobe University. The initiative, backed by leading institutions such as CSIRO, highlights the sector’s shift toward portable, accurate, and scalable diagnostic solutions. This growing emphasis on advanced biosensors is expected to strengthen innovation capabilities and accelerate the market’s future expansion.

Growing Focus on Advanced RNA Manufacturing Is Poised to Elevate the Australia Biotechnology Market

The increasing focus on expanding advanced RNA manufacturing capabilities, driven by increasing demand for next-generation RNA-based therapies, is a significant trend shaping the market. In September 2024, this trend was exemplified by the launch of Aurora Biosynthetics in Sydney, formed through a strategic collaboration among the New South Wales Government, RNA Australia, and Myeloid Therapeutics. The company’s integrated GMP solutions for plasmid DNA, mRNA, and lipid nanoparticles strengthen Australia’s technical capacity and reinforce its position in the Asia-Pacific RNA landscape. This ongoing shift toward specialized RNA manufacturing is expected to accelerate growth in the biotechnology market.

Australia Biotechnology Market Share

DNA Sequencing Expected to Lead the Market Share by Technology

The technology segment includes Nanobiotechnology, polymerase chain reaction technology, DNA sequencing, chromatography, tissue engineering and regeneration, cell-based assays, fermentation, and other emerging techniques. Among these, DNA sequencing is expected to lead, supported by its previously significant 15% share in the historical period. Its momentum is driven by expanding use in precision medicine, increasing demand for genomic profiling, and continuous improvements in sequencing accuracy and affordability. These advancements are likely to further strengthen its position in the coming years.

Leading Players in the Australia Biotechnology Market

The key features of the market report include funding and investment analysis and strategic initiatives by leading players. The major companies in the market are as follows:

AstraZeneca plc

AstraZeneca plc is a leading market participant, operating major manufacturing and commercial facilities in North Ryde, New South Wales. The company produces more than 80 pharmaceutical product variations, including key respiratory medicines, and supports biotechnology advancement through strong research collaborations with scientists, academic institutions, and industry partners. AstraZeneca’s long-standing presence in Australia strengthens national biomanufacturing capability and contributes significantly to regional healthcare innovation.

Gilead Sciences, Inc.

Gilead Sciences, Inc. is a leading biotechnology company advancing therapies in virology, oncology, and inflammation. Known for transforming HIV care and curing hepatitis C, the company continues to expand its innovative portfolio to address critical global health needs. Its strong commitment to scientific advancement and health equity reinforces its significant role in the broader biotechnology market. Through sustained investment in research and strategic collaborations, Gilead is strengthening its pipeline of next-generation treatments. The company also focuses on improving global access to medicines, ensuring that breakthrough therapies reach underserved patient populations worldwide.

Bristol-Myers Squibb

Bristol-Myers Squibb is a global biopharmaceutical company focused on discovering and developing innovative therapies in oncology, immunology, and cardiovascular diseases. The company remains active in the broader biotechnology market through advancements in research and development and the commercialization of novel medicines. Its initiatives support global access to biotechnological innovations and strengthen its leadership in the sector. By leveraging strategic partnerships and a robust clinical pipeline, Bristol-Myers Squibb continues to deliver cutting-edge treatment options for complex diseases. The company’s long-term focus on patient-centric innovation further enhances its competitive position in the global biopharmaceutical landscape.

Sanofi

Sanofi is a leading global healthcare company with a strong presence in the Australia biotechnology market through its extensive portfolio of vaccines, immunology therapies, diabetes treatments, and rare disease medicines. Supported by local experts, Sanofi advances biotechnology innovation by investing in Australian clinical trials and operating the USD 280 million Translational Science Hub, reinforcing its commitment to scientific progress and patient health. The company also collaborates with research institutions and healthcare providers to accelerate the development of next-generation therapies. These efforts enhance Sanofi’s ability to address unmet medical needs while strengthening its role in Australia’s evolving biotechnology ecosystem.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other key players in the market include Biogen Inc., Pfizer, Inc., Amgen Inc., Novo Nordisk A/S, Merck KGaA, and Johnson & Johnson Innovative Medicine.

Australia Biotechnology Market Segmentation

The market report offers a detailed analysis of the market based on the following segments:

Market Breakup by Technology

  • Nanobiotechnology
  • Tissue Engineering and Regeneration
  • DNA Sequencing
  • Cell-based Assays
  • Fermentation
  • PCR Technology
  • Chromatography
  • Others

Market Breakup by Application

  • Health
  • Food and Agriculture
  • Natural Resources and Environment
  • Industrial Processing
  • Bioinformatics
  • Others

Key Questions Answered in the Australia Biotechnology Market Report

  • What was the Australia biotechnology market value in 2025?
  • What is the Australia biotechnology market forecast outlook for 2026-2035?
  • What are the major factors aiding the Australia biotechnology market demand?
  • How has the market performed so far, and how is it anticipated to perform in the coming years?
  • What are the market's major drivers, opportunities, and restraints?
  • What are the major Australia biotechnology market trends?
  • Which technology is expected to dominate the market segment?
  • Which application is projected to lead the market segment?
  • Who are the key players involved in the Australia biotechnology market?
  • What are the current unmet needs and challenges in the market?
  • How are partnerships, collaborations, mergers, and acquisitions among the key market players shaping the market dynamics?

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

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Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Technology
  • Application
Breakup by Technology
  • Nanobiotechnology
  • Tissue Engineering and Regeneration
  • DNA Sequencing
  • Cell-based Assays
  • Fermentation
  • PCR Technology
  • Chromatography
  • Others
Breakup by Application
  • Health
  • Food & Agriculture
  • Natural Resources & Environment
  • Industrial Processing
  • Bioinformatics
  • Others
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • PESTEL Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Company News and Developments
    • Certifications
Companies Covered
  • AstraZeneca plc
  • Gilead Sciences, Inc.
  • Bristol-Myers Squibb
  • Sanofi
  • Biogen Inc.
  • Pfizer Inc.
  • Johnson & Johnson Innovative Medicine
  • Amgen inc.
  • Novo Nordisk A/S
  • Merck KGaA

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