Real-Time Industrial Classifications

UK Pharma Industry

Find out more about the UK’s Pharma industry and the companies providing new technologies and services to the pharmaceutical sector. Get an accurate view of the Pharma industry through innovative financial, company, funding, and growth data today.

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What is Pharma?

Pharma is a term used to describe the wider pharmaceutical industry of companies and organisations dedicated to the development, testing, production, distribution and marketing of medicines or pharmaceutical drugs.

Pharma can be used to both describe a single pharmaceutical company as well as a larger group of companies and the industry as a whole. Big Pharma is a term often used in the media to describe a small number of large multinational corporations – such as AstraZeneca and Johnson & Johnson – who are collectively responsible for some of the most popular pharmaceutical products across the globe.

UK Pharma is a growing sector made up of a series of companies providing new technologies and services, including those specialising in advanced manufacturing, AI, automation, data analytics and BioPharma.

Pharma sector summary

Key information you should know about the Pharma sector from our AI-driven platform of over 5 million companies:

Pharma has turnover of £175.18bn, meaning it is our 6th largest RTIC, and our 11th fastest growing sector.
The Pharma sector has not received additional investor attention in recent years and the amount of venture capital funding is not increasing as fast as our other emerging economy sectors.

2,415

COMPANIES CONSIDERED

£175.2bn

TOTAL TURNOVER

724,552

TOTAL EMPLOYEES

£20.2bn

TOTAL INVESTMENT FUNDING

£919.9m

TOTAL INNOVATE UK GRANT FUNDING

20.0%

AVERAGE COMPANY GROWTH PER YEAR

Pharma verticals

Our Pharma RTIC is made up of 7 individual industry verticals, including verticals such as Additive Manufacturing, Artificial Intelligence and Blockchain, Automation. You can find out more about the verticals by buying a report, visualising the sector on our platform, or by downloading the data.

Sector Code Description Records
RTIC0062 Pharma 2374 companies
Companies providing new technologies and services to the pharmaceutical industry, largely in the develompent, testing, production, distribution, and marketing of medicines.

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- Pharma: Additive Manufacturing
  Companies using advanced manufacturing techniques (i.e., 3D printing) for the development of pharmaceutical products
  
  152 companies
- Pharma: Artificial Intelligence and Blockchain
  Companies applying AI technology for the advancement of pharma research, products and/or services
  
  358 companies
- Pharma: Automation
  Companies developing the technology and infrastructure for the automation of pharmaceutical processes and laboratories.
  
  278 companies
- Pharma: Pharma and BioPharma
  Companies dedicated to the production of pharmaceutical products and biotechnology research
  
  1305 companies
- Pharma: Precision Medicine
  Companies providing products and/or services that enable or enhance precision medicine techniques
  
  166 companies
- Pharma: Research and Data Analytics
  Companies developing technologies for the facilitation of research and data analysis for pharmaceuticals and research centres
  
  647 companies
- Pharma: Targeted Therapies
  Pharmaceutical companies dedicated to the advancement and supply of targeted therapeutics
  
  335 companies

Pharma industry growth

We estimate that the UK Pharma sector could be worth approximately £435.9bn by 2027, based on the compound annual growth rate (CAGR) of 20%. Below you can see the five year turnover forecast for the RTIC from 2023 to 2027.

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Dig deeper into the UK’s Pharma sector with our free 2023 RTIC report, which includes:

– Summary of RTIC data & industry performance
– Overview of key verticals
– Geographic analysis & breakdown
– Key insights & trends

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Real-Time Industrial Classifications (RTICs)

At The Data City we’re mapping the emerging economy through accurate and reliable real-time data. We’ve produced Real-Time Industrial Classifications (RTICs) for some of the UK’s fastest growing sectors, across over 350 industry verticals, including the Pharma industry.

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