Global Biologics Market Insights Report Overview:
According to the latest market study by MarkNtel Advisors titled “Global Biologics Market Size, Share, Trends, Growth, Opportunity Analysis 2024-2030” presents a thorough examination of market drivers, opportunities and challenges.
Utilizing a quantitative approach, it offers precise insights into market size, share, and growth. Crafted by industry experts, the report delves into consumption patterns, geographical analysis, and competitive landscapes. Its objective is to furnish valuable insights for clients seeking to comprehend and leverage market dynamics. With a dual focus on historical achievements and future projections, it furnishes a nuanced understanding of the market terrain.
Global Biologics Market Insight:
The Global Biologics Market size is valued at and is projected to grow at a CAGR of around 8.25% during the forecast period, i.e., 2024-30.
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Global Biologics Market Trend:
Rising Demand for Personalized Medicine Augmenting the Biologics Market Growth – In recent years, there has been a significant increase in the demand for personalized medicines among patients and healthcare professionals across the globe, as they meet the specific needs of an individual. Hence, as biologics can be modified and engineered to fit these requirements, it has been used largely by pharmaceutical companies for the development of personalized medicines, which have been offering more effective & patient-centric treatment options. Thus, the demand for personalized medicine has emerged as a new trend in the Global Biologics Market in recent years.
Competitor Insight: Biologics Market
This report focuses on major market participants like:
- Bristol-Myers Squibb
- Pfizer
- Sanofi
- Janssen Biotech, Inc.
- Bayer AG
- Merck & Co.
- Amgen Inc.
- Abbott GmbH
- Novartis
- AstraZeneca Plc
- GlaxoSmithKline Biologicals
- Moderna, Inc.
- Ferring Pharmaceuticals Inc.
- Aimmune Therapeutics, Inc.
- Hoffman La Roche
- Others
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Segmentation Summary: Biologics Market
This segmentation analysis outlines prominent sections in the report’s table of contents. Each segment undergoes thorough analysis, including sub-segments, to showcase both current and historical market sizes. The analysis underscores investment opportunities for rapid growth, particularly in the Biologics Market, with notable highlighting on:
-By Therapeutic Application
- Oncology
- Infectious Disease
- Autoimmune Disease
- Diabetes
- Cardiovascular Diseases
- Others (Inflammatory Bowel Diseases, Respiratory Disorders, Ophthalmic Disorders, etc.)
The Oncology segment witnessed substantial market growth during historical years. Oncology has been one of the largest markets for biologics due to the high unmet demand for effective cancer treatments. Biologics such as monoclonal antibodies and immune checkpoint inhibitors have revolutionized cancer treatment by targeting specific proteins or cells.
Also, with the surging need to treat cancer and improve global mortality burdens, governments of various countries, including the US, Canada, India, China, etc., are increasingly focusing on boosting investments in oncology drug development, driving the demand for biologics production & distribution globally.
-By Drug Class
- Recombinant Proteins- Market Size & Forecast 2019-2030, (USD Million)
- Monoclonal Antibodies- Market Size & Forecast 2019-2030, (USD Million)
- Blood & Blood Components- Market Size & Forecast 2019-2030, (USD Million)
- Cellular & Gene Therapy- Market Size & Forecast 2019-2030, (USD Million)
- Vaccines- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
-By Source
- Microbes- Market Size & Forecast 2019-2030, (USD Million)
- Humans- Market Size & Forecast 2019-2030, (USD Million)
- Others (Rodents, Plants, etc.)- Market Size & Forecast 2019-2030, (USD Million)
Biologics Market Geographical Reach:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Key Questions Addressed:
- Factors Driving Market Growth: Understand the primary drivers propelling the Biologics market forward.
- Access to Reliable Reports: Learn where to access dependable market reports for informed decision-making.
- Growth Projections: Gain insights into anticipated growth projections for the coming years.
- Geographical Hotspots: Identify geographical poised for significant market growth soon.
About Us
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others.
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