Biologics Market Expected to Reach USD 662.66 Bn at a CAGR of 9.1 Percent by 2029: Maximize Market Research

Pune 17 Feb 2023: The report expects the "Biologics market" to grow from USD330.13 Bn in 2021 to USD662.66 Bn by 2029 at a CAGR of 9.1 percent during the forecast period from 2022 to 2029. Maximize market research, a leading global healthcare research firm, that delivers data and analysis on the global and regional healthcare industry has published a report on the Market.

Biologics Market Report Scope and Research Methodology

The report is a detailed analysis of the Biologics Market by country, regional and global presence. Analyzing primary and secondary data, current and future trends in the Biologics Market are presented in the report along with growth rate and market size forecasts. Regional analysis of the Biologics Market is conducted at local, regional and global levels. For the competitive analysis of the Biologics industry, major manufacturers in the industry and listed by region, revenue, financial status, portfolio, technological advancements adopted, mergers and acquisitions, joint ventures and strategic alliances in detail.

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The bottom-up approach was used to estimate the Biologics market size and forecast. For a segment-wise analysis of the Biologics Market, it is divided into Application and Product for understanding the factors affecting the market growth favorably and unfavorably. The report includes primary and secondary data collection techniques and methods. Primary research includes questionnaires and telephonic interviews with prominent individuals, industry specialists, market leaders, and entrepreneurs. Secondary data involves government websites, industry journals, white papers, annual reports, releases of suppliers in the industry along with paid databases.

SWOT analysis was conducted to provide the strengths and weaknesses of the Biologics Market while PESTLE was employed to understand the potential impact of the micro-economic components affecting the Biologics Market.

Increasing investment in the healthcare infrastructure to drive the market

The rising healthcare infrastructure, increasing initiatives by public and private organizations to spread awareness, the growing geriatric population, favorable reimbursement policies and increasing initiatives by public and private organizations to spread awareness are expected factors to drive the Biologics market.

During the forecast period, the Biologics Market growth is expected to be driven by an increase in the prevalence of chronic diseases, growing pharmaceutical companies, innovation of new manufacturing technology and introduction of targeted therapies. The market demand is expected to be hindered by high capital investment essential for the development of biologics.

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North America dominates the global Biologics Market

In 2021, North America dominated the global Biologics market and is expected to continue its dominance over the forecast period. The regional market growth is expected to be driven by increasing healthcare expenditure.

Asia Pacific held the second-largest market share of 21 percent in 2021 due to the increasing prevalence of chronic diseases, the rising geriatric population and the development of the healthcare infrastructure.

Biologics Market Segmentation

By Application

Oncology
Infectious Diseases
Immunology
Autoimmune Diseases

By Product

Monoclonal Antibodies
Vaccines
Recombinant Hormones/Proteins
Cell Therapy
Gene Therapy

Biologics Market Key Players include:

Sandoz
Pfizer
Teva Pharmaceutical
Celltrion
Biocon
Amgen
Samsung Biologics
Mylan
Reddy's Laboratories
Stada Arzneimittel AG
Pernix Therapeutics
Purdue Pharma L.P.
Sanofi Pasteur
SkyePharma
Takeda Pharmaceutical Company
AbbVie Inc.
Eli Lilly and Company
Hoffmann-La Roche AG
GlaxoSmithkline PLC
Chem Ltd.
AstraZeneca Plc

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Table of for Global Biologics Market:

Global Market: Research Methodology

Global Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Biologics Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global 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

Global Market Segmentation
Global Market, by Application (2021-2029)
Global Market, by Product (2021-2029)

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Regional Global Market(2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Product (2021-2029)
Regional Market, by Country (2021-2029)

Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis of Application, Product and Region

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

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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