Biologics Contract Development Market Report 2023-2032: Market Size, Growth And Insights | WuXi Biologics, Abzena Ltd., Fujifilm Diosynth Biotechnologies, KBI Biopharma, AGC Biologics

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Biologics Contract Development Global Market Report 2023 identifiesrising prevalence of chronic diseases as the major driver for the Biologics Contract Development market's growth in the forecast period. Chronic diseases refer to an illness that lasts for a year or longer that requires ongoing medical attention. The rise in chronic disease cases is increasing the demand for developing novel drugs, including biologics, thereby promoting the biologics contract development market.

The global biologics contract development market size is expected to grow from $6.27 billion in 2022 to $7.00 billion in 2023 at a compound annual growth rate (CAGR) of 11.61%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The biologics contract development market size is expected to reach $10.29 billion in 2027 at a CAGR of 10.13%.

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Major competitors in the Biologics Contract Development market are WuXi Biologics, Abzena Ltd., Fujifilm Diosynth Biotechnologies, KBI Biopharma, AGC Biologics.

A key trend in the Biologics Contract Development market includes technological advancements. Major companies in the biologics contract development market are integrating advanced technologies to sustain their position in the market. For instance, in January 2022, Lonza, a Switzerland-based contract manufacturing and development solutions company, launched bYlok technology platform to design and manufacture bispecific antibodies.

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The Biologics Contract Development market is segmented -

1. By Source: Microbial, Mammalian, Others Soruces.
2. By Indication: Oncology, Immunological disorders, Cardiovascular disorders, Hematological disorders, Others Indications
3. By Product Service: Cell Line Development, Process Development, Others Product Services
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Biologics Contract Development market.

The Business Research Company's "Global Biologics Contract Development Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Biologics Contract Development Market Include:

1. Executive Summary
2. Biologics Contract Development Market Characteristics
3. Biologics Contract Development Market Trends And Strategies
4. Biologics Contract Development Market - Macro Economic Scenario
5. Biologics Contract Development Market Size And Growth
……
26. Africa Biologics Contract Development Market
27. Biologics Contract Development Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biologics Contract Development Market
29. Biologics Contract Development Market Future Outlook and Potential Analysis
30. Appendix

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