The Medical Research market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.


Industry Analysis & Industry Trends

Over the five years to 2017, industry revenue for the Medical Research industry is expected to grow at an annualized rate of 10.5% to total $11.2 billion. In 2017 alone, revenue is anticipated to increase 8.8%. Over the period, revenue growth has been steadily slowing; the industry is beginning to mature and competition for government funds and private funds has increased. Over half of industry revenue is derived from government funding.

The Medical Research industry comprises two major types of institutions: biotechnology companies and medical research institutions. There are about 6,087 enterprises operating in the industry employing about 140,339 people with an estimated payroll of $1.6 billion...

Industry Report - Industry SWOT Analysis Chapter

Total expenditure on research and development has increased substantially in China, from $10.8 billion in 2000 to an estimated $227.6 billion in 2015. The ratio of R&D expenditure to GDP in China also increased from 1% in 2000 to 2.1% in 2015. About 56% of the total expenditure was from funding of the central government and local governments. With further growth of the Chinese economy, more investment will be made by the government in research and development activities. Therefore, the Medical Research Industry in China will continue to benefit from this funding, keeping the industry in the growth phase of its life cycle.


Additional Insights for the Medical Research Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Medical Research Industry are

  • Having a good reputation
  • Access to highly skilled workforce
  • Having technology sharing arrangements with major players
  • IBISWorld analysts also discuss how external factors such as Real GDP and Economic Indicators - Research and Development Expenditure (Total) in the Medical Research industry impact industry performance..

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    Industry Products

    What is the Medical Research Industry?

    The Medical Research industry in China is engaged in basic and applied research and development in the medical and pharmaceutical fields. Enterprises include laboratories of medical research institutes, medical schools and biotech firms. The following research functions are not included in the industry: R&D activities by pharmaceutical or medical equipment manufacturing industries; research unrelated to the human body or human diseases; and the commercialization of medical research.

    Industry Products
    Basic medical research
    Applied medical research
    Experimental development
    Industry Activities
    Clinical medical research
    Pharmacological and pharmaceutical research
    Preventive medical research and hygienic research
    Traditional Chinese Medicine research
    Special (military) medical research
    Medical psychological research

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Real GDP
  • Economic Indicators - Research and Development Expenditure (Total)
  • Funding (Federal) - Research & Development
  • Downstream Demand - Medical & Diagnostic Laboratories
  • Labor Availability - Scientific Research
  • Tax Incentives - Research and Development

  • Current Performance
  • Funding system
  • Establishments and employment
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Medical Research Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Medical Research Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Pharmaceutical Manufacturing
  • Medical Device Manufacturing
  • General Hospitals
  • Traditional Chinese Medicine Hospitals

  • Key Selling Industries
  • Medical Device Manufacturing
  • Medical Supplies Manufacturing

  • Products & Services
  • Experimental development
  • Applied medical research
  • Basic medical research
  • Chart: Medical Research Industry Products and Services Segmentation

  • Demand Determinants
  • Government policies and funding
  • Commercialization of medical research results
  • Medical research costs
  • Resources and technology availability
  • Practical applications for clinical practices

  • Major Markets
  • Agents
  • Pharmaceutical companies
  • Hospitals
  • Medical equipment manufacturers
  • Other
  • Chart: Major Market Segmentation for the Medical Research Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Depreciation
  • Wages and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Medical Research

  • Basis of Competition
  • Innovation and professionals
  • Budget
  • Government relationships
  • Research quality
  • Patent protection
  • Range of research fields
  • Specialization
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Medical Research Industry

  • Industry Globalization
    Major Companies
    Chinese Academy of SciencesWuXi AppTecChina State Institute of Pharmaceutical IndustryAcademy of Military Medical SciencesChina Academy of Chinese Medical Sciences
  • Table: Chinese Academy of Sciences - financial performance
  • Table: WuXi AppTec - financial performance
  • Table: China State Institute of Pharmaceutical Industry - financial performance
  • Table: Academy of Military Medical Sciences - financial performance
  • Table: China Academy of Chinese Medical Sciences - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Medical Research Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Medical Research Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Contract Research Organization (Cro)
  • A service organization that provides "outsourced" pharmaceutical research services to pharmaceutical and biotech industries, to aid in the drug and medical device research and development processes.
  • Immunoprecipitation
  • The technique of precipitating a protein antigen out of a solution using an antibody that specifically binds to that particular protein.
  • Polymerase Chain Reaction (Pcr)
  • A technique for amplifying DNA sequences in vitro by separating the DNA into two strands and incubating it with oligonucleotide primers and DNA polymerase.
  • Why buy this report?

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    This report on Medical Research:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Medical Research market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

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