Press release
Biologics Outsourcing Market Expected to Reach High Growth by 2031 | AbbVie Inc., Thermo Fisher Scientific Inc., Boehringer Ingelheim GmbH.
The Biologics Outsourcing Market study by DataM Intelligence offer an in-depth analysis of the market, presenting insightful observations, statistics, historical data, and industry-validated market insights. The report delves into the competitive positioning of key companies, examining factors such as product offerings, pricing strategies, financial health, product portfolios, growth initiatives, and geographical reach.Download a Free sample PDF (Use Corporate email ID to Get Higher Priority) at: - https://datamintelligence.com/download-sample/biologics-outsourcing-market
What is the projected growth rate (CAGR) of the Global Biologics Outsourcing market from 2024 to 2031?
Global Biologics Outsourcing Market is expected to reach at a Significant CAGR during the forecast period 2024-2031.
The Biologics Outsourcing Market encompasses the contracting of biologics research, development, and manufacturing processes to specialized third-party providers. Biologics, which include complex proteins, monoclonal antibodies, and cell therapies, require sophisticated facilities and expertise for production. Outsourcing helps biopharmaceutical companies reduce costs, accelerate time-to-market, and focus on core research and innovation. The market is driven by the increasing demand for biologic drugs, advancements in biomanufacturing, and a rising trend among pharma companies to leverage external expertise and scalability in biologics production, especially as regulatory standards and manufacturing complexities grow.
Key Developments:
On June 8, 2023, Vertex Pharmaceuticals Incorporated and CRISPR Therapeutics announced that the U.S. Food and Drug Administration (FDA) accepted their Biologics License Applications (BLAs) for exagamglogene autotemcel (exa-cel), an investigational treatment for severe sickle cell disease (SCD) and transfusion-dependent beta thalassemia (TDT). The FDA granted Priority Review for the SCD application and Standard Review for TDT, with target action dates under the Prescription Drug User Fee Act (PDUFA) set for December 8, 2023, and March 30, 2024, respectively.
On February 2, 2023, Asahi Kasei Medical's U.S.-based subsidiary, Bionova Scientific, a biologics Contract Development and Manufacturing Organization (CDMO), announced plans to expand its capacity for process development and GMP biologics manufacturing. This expansion will enhance its ability to support clients with comprehensive biologics production services.
List of the Key Players in the Biologics Outsourcing Market:
AbbVie Inc., Thermo Fisher Scientific Inc., Boehringer Ingelheim GmbH, Lonza Group Ag, Catalent Inc., Sartorius Stedim Biotech S.A., Charles River Laboratories International Inc., WuXi Biologics Inc., Samsung Biologics Co. Ltd., Emergent BioSolutions Inc., CordenPharma GmbH, Ajinomoto Bio-Pharma Services, Syngene International Limited, Rentschler Biopharma SE, and Albany Molecular Research Inc. among others.
Research Process:
Both primary and secondary data sources have been used in the global Biologics Outsourcing Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Biologics Outsourcing Market:
By Product: Antibodies, Vaccines, Cell and Gene Therapies, Recombinant Proteins, Others.
By Service: Process Development, Cell Development, cGMP Manufacturing, Analytical Testing, Others.
By Source: Mammalian, Microorganisms.
By Application: Infectious Diseases, Vaccine Development, Cell And Gene Therapy, Blood Related Product Development, Stem Cell Research, Oncology, Immunological Disorders, Others.
By End-User: Pharmaceutical Companies, Biotechnology Companies, Research Organizations and Academia, Others.
Regional Breakout:
The global Biologics Outsourcing Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
✫ North America (U.S., Canada, Mexico)
✫ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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This Report Unveils:
✔ Go to Market Strategy- A roadmap to successfully product launch or service in the target market.
✔ Gain a clear picture of the market's health and growth trajectory through neutral analysis.
✔ Deep Market Insights delve into development trends, competitor landscape, supply and demand dynamics, brand share & pricing analysis year-over-year growth patterns, and key players' performance.
✔ Upon request, we can provide customized reports focusing on specific regions or countries, offering a granular view of their markets.
✔ Identify high-potential niche segments and regions poised for significant expansion.
✔ Analysis of Market Size (historical and forecast) Total Addressable Market (TAM), Serviceable Available Market (SAM), and Serviceable Obtainable Market (SOM) to understand the market's overall size and your achievable market share.
✔ Gain a comprehensive understanding of the competitive landscape, including market share distribution, key players (innovators, startups, laggards, and pioneers), and their respective strengths and weaknesses.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Biologics Outsourcing manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Biologics Outsourcing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the Biologics Outsourcing market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the Biologics Outsourcing market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
☞ What is the expected growth rate of the global Biologics Outsourcing market for the forecast period?
☞ What are the key driving factors that are responsible to shape the fate of the Biologics Outsourcing market during the forecast period?
☞ What will be the overall size of the market during the analysis period?
☞ What are the prominent market trends which influence the development of the Biologics Outsourcing market across various regions?
☞ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☞ What are the challenges and threats that are likely to act as a barrier to the growth of the Biologics Outsourcing market?
☞ What are the major opportunities that the companies can get to attain success in the world?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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