Facts, figures and industry data

Facts, figures and industry data

Headline pharmaceutical industry statistics

The figures below provide a snapshot of key biopharmaceutical sector statistics relating to the UK’s economy and health systems. Sub-national statistics can be found via the ABPI’s interactive Pharma Impact Map. International comparisons are available in several of the source documents and within the Government’s Life Sciences Competitiveness Indicators publication. Statistics on the economic and health system benefits which can be delivered through a supportive policy environment are available in the ABPI’s manifesto.  

Economic statistics

£17.6bn

direct Gross Value Added (GVA) [1]

£9.3bn

investment in UK R&D in 2024 [2]

£1 in every £6

invested by the private sector in R&D is invested by the pharmaceutical industry [3]

£7.4bn

value contributed by industry clinical trials to the UK economy [8]

£13.1bn

turnover generated by medicines manufacturing sites in the UK in 2021/22 [6]

126,000

jobs [4]

£46.7bn

turnover [5]

£24.6bn

exports in 2024 [7]


References:

[1] ONS, ‘Regional gross value added (balanced) by industry: all ITL regions’, 2021. Methodology available at: https://staging.sector-insights-map.abpi.org.uk/sources/

[2] ABPI, ‘Life Sciences Superpower’, June 2022, available at www.abpi.org.uk/publications/abpi-life-sciences-superpower-report/

[3] ONS, ‘Business Enterprise Research and Development statistics 2022’ available at https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/researchanddevelopmentexpenditure/bulletins/businessenterpriseresearchanddevelopment/previousReleases

[4] Office for National Statistics, ‘Trade in goods: country-by-commodity exports’, accessed 17 July 2024, available at www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/datasets/uktradecountrybycommodityexports 

[5] ONS, ‘Industry Census Data 2021’, available at: www.ons.gov.uk/datasets/TS060/editions/2021/versions/1 (methodology available at https://staging.sector-insights-map.abpi.org.uk/sources/)

[6] OLS, ‘Bioscience and health technology sector statistics 2021 to 2022’, available at:  www.gov.uk/government/statistics/bioscience-and-health-technology-sector-statistics-2021-to-2022/bioscience-and-health-technology-sector-statistics-2021-to-2022#life-sciences-industry-by-sector

[7] NIHR, ‘Impact and value of the NIHR Clinical Research Network 2019’, accessed January 2024, available at https://www.nihr.ac.uk/news/new-report-highlights-how-nihr-support-clinical-research-benefits-uk-economy-and-nhs

[8] The King’s Fund, ‘How does the NHS compare to the health care systems of other countries?’, June 2023, available at: www.kingsfund.org.uk/insight-and-analysis/reports/nhs-compare-health-care-systems-other-countries

[9] Number of participants recruited to industry research studies in

the UK per year, as reported by the NIHR CRN, NRS, HCRW, and NICRN (2017/18-2022/23)

[10] Clarivate data, included in the ABPI’s report: ‘Getting back on track: Restoring the UK’s global position in industry clinical trials’, November 2023, available at www.abpi.org.uk/publications/getting-back-on-track-restoring-the-uk-s-global-position-in-industry-clinical-trials/

[11] Uptake ratios three years post-reimbursement (n=28 medicines), Office for Life Sciences, ‘Life Sciences Competitiveness Indicators 2023’ available at: www.gov.uk/government/publications/life-sciences-sector-data-2023/life-sciences-competitiveness-indicators-2023

[12] Local Uptake of NICE Approved Medicines in England and Wales, A Summary of Insights – June 2022, IQVIA report, commissioned by the ABPI

Industry data