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Global Biologics Market Size, Share, Analysis, Impact Of COVID 19, Drivers and Challenges, Opportunities Insights 2021–2030

08-24-2021 07:14 AM CET | Health & Medicine

Press release from: The Business research company

Biologics Market

Biologics Market

The Business Research Company offers "Biologics Global Market Report 2021: COVID-19 Impact And Recovery To 2030 “ in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The biologics market report describes and explains the global biologics market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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The biologics market consists of sales of biologics and related services by entities (organizations, sole traders and partnerships) that produce biologics to treat and prevent various microbial diseases and cancers. Biological products include a wide range of products such as vaccines, allergenics, somatic cells, tissues, and recombinant therapeutic proteins. This industry includes establishments that produce products that are composed of sugars, proteins, nucleic acids, and combination of all these substances isolated from humans, animal and microorganisms or produced from biotechnology methods. Specifically, most biologic medicines are developed using recombinant DNA (rDNA) technology. The biologics market is segmented into monoclonal antibodies (MAbs); therapeutic proteins; and vaccines.

The global biologics market is expected to grow from $253.41 billion in 2020 to $268.51 billion in 2021 at a compound annual growth rate (CAGR) of 6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $420.55 billion in 2025 at a CAGR of 12%.

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Some of the major players of the biologics market are Johnson & Johnson, F. Hoffmann-La Roche Ltd., Bristol-Myers Squibb, GlaxoSmithKline Plc., AbbVie.

The countries covered in the global biologics market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global biologics market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global biologics market is segmented
1) By Type: Monoclonal Antibodies (MAbs), Therapeutic Proteins, Vaccines
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies/ Drug Stores, Others
3) By Route Of Administration: Oral, Parenteral, Others
4) By Drug Classification: Branded Drugs, Generic Drugs
5) By Mode Of Purchase: Prescription-Based Drugs, Over-The-Counter Drugs

Read More On The Global Biologics Market Report:
https://www.thebusinessresearchcompany.com/report/biologics-global-market-report

Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Biologics Market Characteristics
4. Biologics Market Product Analysis
5. Biologics Market Supply Chain
.....
22. Key Mergers And Acquisitions In The Biologics Market
23. Market Background: Pharmaceuticals Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer

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