Life Sciences industry UK
Real-Time Industrial Classifications

UK Life Sciences Industry

Discover more about the thriving Life Sciences industry in the UK, where innovative, high-tech companies are pushing boundaries in pharmaceuticals, MedTech and biotechnology. Access real-time insights and data for this sector and download our free snapshot report today.

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What are Life Sciences?

The field of Life Sciences involves the study of living organisms. Today, the Life Sciences industry encompasses a diverse array of businesses and organisations engaged in the development and production of pharmaceuticals or medical technology (MedTech) products.

From synthetic biotechnology and chemical products to human health services and research specialists, the UK’s Life Sciences industry is a high-tech and innovative sector that is expanding in scale and significance.

Life Sciences are contributing to various healthcare objectives, including advancing dementia treatments, enabling early cancer diagnosis, discovering and developing vaccines, addressing cardiovascular diseases and more.

Life Sciences sector summary

Discover real-time data and insights sourced directly from The Data City platform, driven by our innovative Real-Time Industrial Classifications (RTICs). Our RTICs harness the power of web data and machine learning, and are published with industry experts for precision and relevance.

Here are the key facts about the Life Sciences sector. The sector has a turnover of £283.3bn currently, has received £33.4bn of investment and the sector is growing at 5.8% per year.

20,805
COMPANIES CONSIDERED
£283.3bn
TOTAL TURNOVER
1,090,924
TOTAL EMPLOYEES
£33.4bn
TOTAL INVESTMENT FUNDING
£1.6bn
TOTAL INNOVATE UK GRANT FUNDING
5.8%
AVERAGE COMPANY GROWTH PER YEAR

Life Sciences verticals

Our industry data goes deep. See the top verticals and specialisms making waves in the UK Life Sciences industry today.

Our Life Sciences RTIC is made up of 7 individual verticals. The top verticals in this sector include Human Health Services, and Research. You can find out more about the verticals by downloading our RTIC report, or by signing up for a free trial of The Data City platform.

  • Sector Code Description Records
  • RTIC0078 Life Sciences 20498 companies

    This field includes companies and organizations involved in research, manufacturing, human health, biology, biotechnology, and chemistry. Key components of the Life Sciences sector.

    • Life Sciences: Biology and Biotech

      Companies working in the field of biology and biotechnology, may that be developing products or providing services.

      1361 companies
    • Life Sciences: Chemical Products and Services

      Companies working in the field of chemistry, developing products or providing services.

      1340 companies
    • Life Sciences: Environmental Sciences Products and Services

      Companies that work in the field of environmental monitoring, ecology, geography and/or any sector that directly investigates the state of inhabited territories

      2710 companies
    • Life Sciences: Human Health Services

      Companies providing health services

      12188 companies
    • Life Sciences: Life Sciences Manufacturing

      Companies that provide the technologies, products and services that enable manufacturing specialised in life sciences materials

      2074 companies
    • Life Sciences: Research

      Companies that base their economic activity in Life Sciences research

      2977 companies
    • Life Sciences: Synthetic Biotechnology

      Companies involved in the use and development of synthetic biotechnology products in areas such as agriculture , healthcare and environmental sustainability.

      364 companies

Life Sciences industry growth

Based on a growth rate of 5.8%, we expect that this sector could be worth £312.0bn by 2024. Below you can see our forecast of the growth of the sector.

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