North America Biologics Market Is Witnessing A Tremendous Rise In The Upcoming Years || AbbVie, Johnson & Johnson, Amgen, Sanofi S.A

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The global biologics market report by the business research company identifies the technology advancement to be a major growth driver for the biologics market. An area of particular development is likely to be physiology simulation modeling. Markets such as this one will benefit from the greater efficiencies offered by developments in this area. For example, Eli Lilly and Pfizer have adopted Amazon's Elastic Compute Cloud (EC2) platform to conduct simulation models in early drug discovery that have been operational within hours, whereas traditional models would have taken weeks to conduct simulations.

The global biologics market is expected to grow from $338.45 billion in 2021 to $382.04 billion in 2022 at a compound annual growth rate (CAGR) of 12.9%. The biologics market is expected to reach $540.66 billion in 2026 at a CAGR of 9.1%.

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North America was the largest region in the biologics market in 2021. Middle East is expected to be the fastest growing region in the forecast period. The regions covered in the biologics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the biologics market are AbbVie, Johnson & Johnson, Amgen, Sanofi S.A, F. Hoffmann-La Roche Ltd., GlaxosmithKline, Novartis AG, Pfizer Inc., Teva Pharmaceuticals and CSL.

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

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The Biologics Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Biologics Market Characteristics
4. Biologics Market Product Analysis
5. Biologics Market Supply Chain
6. Biologics Market Customer Information
7. Biologics Market Trends And Strategies
8. Biologics Market - Macro Economic Scenario
9. Biologics Market Size And Growth
.......
21. Biologics Market Competitive Landscape
22. Key Mergers And Acquisitions In The Biologics Market
23. Market Background: Pharmaceuticals Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer

This report covers the trends and market dynamics of the biologics market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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