Biologics Market size was valued at US$ 360.17 Bn. in 2022 and the total revenue is expected to grow at 9.1 % through 2023 to 2029, reaching nearly US$ 662.66 Bn.
Global Biologics Market Report Scope and Research Methodology
Maximize Market Research Pvt. Ltd., a leading market research company headquartered in Pune, India, is pleased to announce the release of its latest comprehensive market research report on the Biologics Market. The report sheds light on the current market dynamics and future growth prospects of the biologics industry.
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This report provides stakeholders in the industry with a comprehensive analysis of the global Biologics Market. It offers valuable insights into market trends, forecasts, key players, and the potential impact of micro-economic factors. The report’s in-depth analysis facilitates a clear understanding of the industry’s dynamics and structure, making it an invaluable resource for decision-makers and investors.
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What are Global Biologics Market Dynamics?
Over the past five years, the top 10 pharmaceutical companies have invested over US$ 1.5 billion in expanding their capacities and intensifying research and development efforts. This strategic investment has led to remarkable growth in the biologics market, driven by factors such as product approvals and the effectiveness of biologics in treating complex diseases. It is notable that pharmaceutical companies that patent biologics products are projected to enjoy substantial gains during the forecast period.
The biopharmaceutical industry has experienced robust growth, with over 14% of biomolecules entering phase I of clinical trials expected to be approved as drugs. This growth is further exemplified by the success of drugs like Humira, which not only ranks as the best-selling drug but also stands as one of the best-selling drugs globally. However, high capital investments and the detailed regulatory approval process pose challenges to the growth of the international biologics market.
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What is Global Biologics Market Regional Insight?
North America dominated the global Biologics Market in 2022, with a market share of 51%, and is expected to maintain its lead during the forecast period. This is attributed to intensive research and development activities, novel drug formulations, and a large number of clinical trials focused on large-molecule drug discovery. Meanwhile, Asia Pacific held the second-largest market share at 21% in 2022, driven by the rising prevalence of chronic conditions and an increasing number of healthcare tourists.
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What is Global Biologics Market Segmentation?
by Disease Category
• Oncology
• Infectious Diseases
• Immunological Disorders
• Cardiovascular Disorders
• Hematological Disorders
• Others
by Manufacturing
• In-house
• Outsource
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Who are Global Biologics Market Key Players?
• Sandoz
• Pfizer
• Teva Pharmaceutical
• Celltrion
• Biocon
• Amgen
• Samsung Biologics
• Mylan
• Dr. Reddy’s Laboratories
• Stada Arzneimittel AG
• Pernix Therapeutics
• Purdue Pharma L.P.
• Sanofi Pasteur
• SkyePharma
• Takeda Pharmaceutical Company
• AbbVie Inc.
• Eli Lilly and Company
• F. Hoffmann-La Roche AG
• GlaxoSmithkline PLC
• G. Chem Ltd.
• AstraZeneca Plc
Table of content for the Global Biologics Market includes:
- Global Biologics Market: Research Methodology
- Global Biologics Market: Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Biologics Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape
- Market Size, Share, Size & Forecast by different segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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