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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.
Base Year
Historical Period
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*
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.
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.
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.
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.
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 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. 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 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 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.
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Technology
Market Breakup by Application
*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 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:
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| Breakup by Technology |
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| Breakup by Application |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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