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Queensland Life Sciences Industry Report 2012 (PDF, 3.5MB)

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TABLE 22: IBISWorld industry statistics 2010/2011<br />

Sector Number of Enterprises Employment Revenue ($m)<br />

Biotechnology 498 7513 $7073<br />

Pharmaceutical Manufacturing 151 13,375 $9350<br />

Pharmaceutical Wholesaling 197 5415 $10,715<br />

Medical and Surgical Equipment 1893 11,674 $3015<br />

TABLE 23: Australian <strong>Life</strong> <strong>Sciences</strong> <strong>Industry</strong> location of establishments (IBISWorld)<br />

State Biotechnology (by<br />

employment)<br />

5.4 Anticipated Employment Growth<br />

Across all companies, the forecast average growth in employees<br />

over the coming 12 months was 5.2%. The number of employees<br />

was forecast to rise from 3433 to 3612 FTEs, or an average of 33<br />

FTE employees per company (up from 31 in 2011).<br />

The average increase in company employees in the sector over the<br />

next three years was forecast to be 34.3% (CAGR of 10.3%). This<br />

would bring total employees within companies who responded to<br />

the survey to 4612 FTEs in 2014 (an average of 44 employees per<br />

company) (Table 24).<br />

TABLE 24: Predicted employment growth from <strong>Queensland</strong> <strong>Life</strong><br />

<strong>Sciences</strong> companies<br />

Actual -<br />

2011<br />

Forecast -<br />

12 months<br />

Forecast -<br />

3 years<br />

Number of respondents 111 109 106<br />

Total FTEs Across<br />

Companies<br />

3433 3612 4612<br />

Average per Respondent 31 33 44<br />

CAGR* Across Companies - 5.2% 10.3%<br />

Employment forecasts provided by companies in the 2009 survey<br />

indicated a positive business sentiment at that time. However,<br />

based on the 2011 employment data, these forecasts appear not<br />

to have been met. In 2009, the average number of employees per<br />

company was forecast to rise from 39 in 2009 to 41 in 2010 and to<br />

55 in <strong>2012</strong>. The average number of FTEs across companies in 2011<br />

was only 31, indicating a decline on the average reported in 2009.<br />

Pharmaceutical<br />

Manufacturing<br />

(by establishments)<br />

Medical and Surgical<br />

Equipment Manufacturing<br />

(by establishments)<br />

5.5 Employment of Contractors<br />

Company respondents were asked to nominate the total number<br />

of FTE contractors retained over the past 12 months. 57%<br />

of companies (62 of 110 respondents) reported a total of 271<br />

FTE contractors, representing approximately 7.3% of the QLS<br />

workforce (given that 111 respondent companies reported 3433<br />

FTE employees). In 2010, the ABS reported that contractors<br />

comprised 9.8% of the Australian workforce. 24<br />

On average, there were 4.4 FTE contractors per company (median<br />

of 2.0 FTEs). The majority (94%; 58 respondents) reported<br />

contractor numbers of less than 10 and this group averaged<br />

2.3 contractors per company. Four companies (6%) reported<br />

10 or more contractors (average of 35.0 FTEs). A breakdown of<br />

contractor numbers by industry sub-sector is shown in Table 25.<br />

TABLE 25: Proportion of employees and contractors in companies<br />

by industry sub-sector in 2011 (111 respondents)<br />

Proportion of<br />

Total FTEs<br />

Pharmaceutical<br />

Wholesaling<br />

(by establishments)<br />

Victoria 48% 29% 25.2% 27.5%<br />

New South Wales 20% 34% 32.2% 40.5%<br />

<strong>Queensland</strong> 15% 17% 17.0% 18.0%<br />

South Australia 9% 7% 9.0% 5.0%<br />

Western Australia 6% 11% 11.3% 6.5%<br />

Tasmania 1% 2% 3.3% 1.0%<br />

ACT 1% 0% 1.7% 1.0%<br />

NT - - 0.3% 0.5%<br />

24 Australian Bureau of Statistics 6359.0 — Forms of Employment, Australia, November 2010.<br />

Proportion of<br />

Contracted FTEs<br />

Pharmaceuticals, Vaccines<br />

or Drug Discovery<br />

17.8% 29.0%<br />

Diagnostics 5.4% 3.0%<br />

Medical Devices and Equipment 10.0% 10.6%<br />

Complementary Medicines 37.6% 23.0%<br />

Functional Food/Nutraceuticals 4.3% 5.1%<br />

Animal Health 2.8% 2.6%<br />

Biotechnology 11.8% 17.5%<br />

<strong>Industry</strong> Service Provider 8.9% 4.5%<br />

Other 1.4% 4.7%<br />

Total 100% 100%<br />

35

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