Life Sciences 2020: The Future is Here

The Technology Engine…Innovations Driving the Life Sciences Market The explosion in demand for life sciences space has been driven in part by technological innovations that have increased consumer and market demand. At the forefront of these innovations are genetics-related developments that have spurred the following: • Direct-to-consumer ancestry and genetic testing market • Cell and gene therapies that are improving patient drug therapy customization

• The emerging utilization of artificial intelligence in the life sciences industry, which has promising implications including significant improvements in diagnostics These innovations are forecast to maintain their momentum with double digit growth in global market capitalization in the next five years. The result is expected to be robust growth in the demand for space as the need for R&D space, diagnostics centers and healthcare facilities escalates. For example, in key research centers like Cambridge, MA the vacancy rate has fallen to near zero.

FORECAST CAGR (2019-2026)

FORECAST MARKET CAP (2019-2026)

SECTOR

MARKET CAP (2018)

Genomics

$15.9B

18.7%

$62.6B

Cell and Gene Therapy $1.1B

36.5%

$11.0B

Gene Editing

$3.8B

14.8%

$10.1B

Source: Fortune Business Insights, Bis Research, Reports and Data

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