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New Trending Report on Bio-pharma Market with high CAGR in Coming Years by 2025 with Focusing Key players like as Pfizer, F. Hoffmann-La Roche AG, Sanofi, Amgen, AbbVie

07-17-2020 06:16 AM CET | Health & Medicine

Press release from: Business Industry Reports

/ PR Agency: Business Industry Reports
Bio-pharma Market

Bio-pharma Market

Global Bio-pharma Market: Overview

high costs associated with drug development and their threat of failure are factors anticipated to restrain the growth of the global Bio-pharma market. Conversely, emerging economies, such as India and China, are anticipated to provide lucrative growth opportunities to the key players involved for business expansion in the global Bio-pharma market during the forecast period.

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Global Bio-pharma Market: Growth Factors

The global Bio-pharma market is driven by various factors, such as increase in elderly population, surge in prevalence of chronic diseases such as cancer and diabetes, and increase in adoption of Bio-pharma globally. Furthermore, rise in strategic collaborations among biopharmaceuticals companies is also anticipated to supplement the growth of the Bio-pharma industry.

Global Bio-pharma Market: Segmentation

On the basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

1 Monoclonal Antibodies

2 Recombinant Proteins

3 Granulocyte-Colony Stimulating Factor (G-CSF)

4 Interferons

5 Recombinant Human Insulin/Erythropoietin/Vaccines/Growth Hormones/Purified Proteins

Based on End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

1 Metabolic Disorders

2 Oncology

3 Neurological Disorders

4 Cardiovascular Diseases

5 Inflammatory and Infectious Diseases

Global Bio-pharma Market: Regional Analysis

Asia Pacific was a prominent market for Bio-pharmas in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Bio-pharma market in Asia Pacific.

There are several manufacturers of Bio-pharmas in Europe and North America. In North America, the demand for Bio-pharmas is primarily driven by the residential sector. Improved standards of living and rising usage of Bio-pharmas for flooring purpose are anticipated to drive the market in North America.

Global Bio-pharma Market: Competitive Players

Some of the major players that operate in the Global Bio-pharma Market are Pfizer, F. Hoffmann-La Roche AG, Johnson & Johnson Services, Sanofi, Amgen, AbbVie, Merck & Co., Inc, Biogen Idec, Bayer AG, Eli Lilly and Company, Novartis AG GlaxoSmithKline Plc, Bristol-Myers Squibb Company, AstraZeneca PLC, Abbott Laboratories.

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Global Bio-pharma Market: Regional Segment Analysis

North America (U.S. and Canada)

Latin America (Mexico, Brazil, Peru, Chile, and others)

Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)

Eastern Europe (Poland and Russia)

Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)

Middle East and Africa (GCC, Southern Africa, and North Africa)

What Report Provides

Full in-depth analysis of the parent market

Important changes in market dynamics

Segmentation details of the market

Former, on-going, and projected market analysis in terms of volume and value

Assessment of niche industry developments

Market share analysis

Key strategies of major players

Emerging segments and regional markets

Testimonials to companies in order to fortify their foothold in the market.

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Latest Industry Updates:

Pfizer Inc. (NYSE:PFE) and Eli Lilly and Company (NYSE:LLY) today announced that the U.S. Food and Drug Administration (FDA) accepted for review a Biologics License Application (BLA) for tanezumab 2.5 mg administered subcutaneously (SC), which is being evaluated for patients with chronic pain due to moderate-to-severe osteoarthritis (OA) who have experienced inadequate pain relief with other analgesics. Tanezumab is a monoclonal antibody that is part of an investigational class of non-opioid chronic pain medications known as nerve growth factor (NGF) inhibitors.

More than 27 million Americans are living with OA, 11 million of whom have moderate-to-severe OA. Currently available treatment options for moderate-to-severe OA do not meet the needs of all patients, and many cycle through multiple therapies to find relief from their pain. The Prescription Drug User Fee Act (PDUFA) goal date for the FDA to make a decision on the tanezumab application is in December 2020. In its acceptance letter, the FDA stated that it is currently planning to hold an Advisory Committee meeting to discuss this application.

"The FDA acceptance of the tanezumab application represents a significant milestone, and the breadth of our regulatory submission reflects the extensive clinical data we have gathered for tanezumab over the course of its development," said Ken Verburg, tanezumab development team leader, Pfizer Global Product Development. "There is an urgent need for innovation in the treatment of osteoarthritis, as there have been no new classes of medicines available for this debilitating condition in more than a decade. If approved, tanezumab would be a first-in-class treatment for patients suffering from chronic pain due to moderate-to-severe osteoarthritis who have experienced inadequate pain relief with other analgesics.

Table of Contents:

Global Bio-pharma Market Report 2020

1 Bio-pharma Definition

2 Global Bio-pharma Market Major Player Share and Market Overview

3 Major Player Bio-pharma Business Introduction

4 Global Bio-pharma Market Segmentation (Region Level)

5 Global Bio-pharma Market Segmentation (Product Type Level)

6 Global Bio-pharma Market Segmentation (Industry Level)

7 Global Bio-pharma Market Segmentation (Channel Level)

8 Bio-pharma Market Forecast 2020-2024

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About us

BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.

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