Market and growth of global life sciences by sector 2016

Market size and growth of the global life sciences industry in 2016, by sector

Market and growth of global life sciences by sector 2016 This statistic displays the market size and growth rate of the major sectors in the global life sciences industry in 2016. In that year, the biotechnology sector was estimated to generate revenues totaling some 294 billion U.S. dollars globally. Oncology is a leading area in both pharmaceuticals and biotechnology, while in-vitro diagnostics are important for the growth of medical technology.
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Market size and growth of the global life sciences industry in 2016, by sector

Sales in billion U.S. dollarsGrowth rate (%)
Pharmaceutical1,0382.1
Biotechnology*2943.7
Generics**868.8
Medical technology3885.1
Distributors***8106.8
Sales in billion U.S. dollarsGrowth rate (%)
Pharmaceutical1,0382.1
Biotechnology*2943.7
Generics**868.8
Medical technology3885.1
Distributors***8106.8
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This statistic displays the market size and growth rate of the major sectors in the global life sciences industry in 2016. In that year, the biotechnology sector was estimated to generate revenues totaling some 294 billion U.S. dollars globally. Oncology is a leading area in both pharmaceuticals and biotechnology, while in-vitro diagnostics are important for the growth of medical technology.
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