openPR Logo
Press release

Biologics Market is set to surge with a projected CAGR of 9.1 % from 2024-2030

Biologics Market

Biologics Market

The ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 392.95 Bn. in 2023 and the total revenue is expected to grow at 9.1 % through 2024 to 2030, reaching nearly USD 722.96 Bn.

๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The biologics market is experiencing substantial growth, driven by the increasing adoption of advanced therapies for chronic diseases and the rise in demand for targeted treatment options. Biologics, derived from living organisms such as plants, microorganisms, or animal cells, are revolutionizing the pharmaceutical industry by offering precision therapies for complex conditions like cancer, autoimmune disorders, and diabetes. Leading biologics, such as Humira (adalimumab) and Avastin (bevacizumab), dominate the market, supported by significant investments from pharmaceutical giants like AstraZeneca, Novartis, and Eli Lilly and Co.. This surge in innovation and R&D funding highlights the biologics market as a cornerstone of modern healthcare.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/37255/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

One of the primary drivers of the biologics market is the rising prevalence of chronic diseases, such as cancer, diabetes, and autoimmune disorders, which require advanced treatment options. Biologics, known for their efficacy and specificity, are increasingly becoming the treatment of choice for these conditions. Furthermore, advancements in biotechnology and genetic engineering have accelerated the development of novel biologic drugs, enabling personalized medicine and improving patient outcomes. Governments and healthcare providers are also investing heavily in biologics to address the growing burden of chronic illnesses.

Another critical driver is the increasing adoption of biosimilars, which are biologic drugs with similar efficacy and safety profiles to their reference products but offered at a lower cost. Biosimilars are gaining traction globally as they enhance patient access to biologics while reducing healthcare costs. Major pharmaceutical companies, such as Sandoz and Pfizer, are expanding their biosimilar portfolios, contributing to the overall growth of the biologics market.

๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ:

The biologics market is witnessing a significant shift toward innovation in drug delivery systems, such as pre-filled syringes and auto-injectors, enhancing patient convenience and compliance. Additionally, the increasing focus on immunotherapies and cell-based biologics is shaping the future of oncology and autoimmune disease treatment. Collaborations between pharmaceutical companies and biotech firms are on the rise, aimed at accelerating the development of cutting-edge biologic therapies. Furthermore, the expansion of manufacturing capabilities and the adoption of advanced technologies, such as CRISPR and monoclonal antibody production, are driving market growth and redefining treatment paradigms in modern medicine.

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐›๐ฒ ๐ƒ๐ข๐ฌ๐ž๐š๐ฌ๐ž ๐‚๐š๐ญ๐ž๐ ๐จ๐ซ๐ฒ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง?

The Biologics Market, segmented by disease category, is expected to experience robust growth across oncology, autoimmune diseases, diabetes, infectious diseases, and others. Among these, the oncology segment is anticipated to dominate the market, driven by the increasing prevalence of cancer and the growing adoption of targeted biologic therapies such as monoclonal antibodies and checkpoint inhibitors. The autoimmune diseases segment is also projected to witness significant growth due to the rising incidence of conditions like rheumatoid arthritis and multiple sclerosis, where biologics such as tumor necrosis factor (TNF) inhibitors and interleukin blockers play a vital role. Expanding applications of biologics across diverse disease categories are contributing to the market's steady growth trajectory.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/37255/

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam is witnessing significant opportunities in the biologics market as healthcare infrastructure continues to improve. The rising prevalence of diabetes and cancer has driven demand for biologic therapies. Partnerships between global pharmaceutical companies like ๐๐จ๐ฏ๐š๐ซ๐ญ๐ข๐ฌ and Vietnamese healthcare providers have accelerated the introduction of advanced biologics in the country, contributing to better patient outcomes and expanded market reach.

๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's biologics market is experiencing growth due to the increasing demand for biosimilars and targeted therapies. Companies like ๐๐Ÿ๐ข๐ณ๐ž๐ซ are actively collaborating with Thai healthcare institutions to introduce cost-effective biologic solutions. Additionally, the government's focus on expanding access to advanced treatments for autoimmune diseases and cancer is shaping the market trends in the region.

๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan remains a key player in the global biologics market, driven by its advanced healthcare system and high R&D investment in innovative therapies. Companies like ๐“๐š๐ค๐ž๐๐š ๐๐ก๐š๐ซ๐ฆ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ๐ฌ and ๐€๐ฌ๐ญ๐ž๐ฅ๐ฅ๐š๐ฌ ๐๐ก๐š๐ซ๐ฆ๐š are leading the market with cutting-edge biologic solutions for oncology and rare diseases. The aging population in Japan has further fueled demand for biologics targeting chronic and degenerative conditions.

๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's biologics market has seen substantial consolidation through mergers and acquisitions. Leading companies like ๐’๐š๐ฆ๐ฌ๐ฎ๐ง๐  ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ and ๐‚๐ž๐ฅ๐ฅ๐ญ๐ซ๐ข๐จ๐ง have expanded their global presence through strategic collaborations and acquisitions. The government's support for biosimilar development and export-oriented manufacturing has positioned South Korea as a hub for biologics production in Asia.

๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore is emerging as a center for biologics innovation and manufacturing, attracting investments from global pharmaceutical giants like ๐‘๐จ๐œ๐ก๐ž. The country's strategic focus on biopharmaceuticals and advanced manufacturing technologies has led to the establishment of state-of-the-art biologics facilities. Recent advancements include the integration of AI and digital platforms for precision medicine and biologics research.

๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’

The United States dominates the biologics market, driven by high healthcare expenditure and cutting-edge innovations in biopharmaceuticals. Key players like ๐€๐ฆ๐ ๐ž๐ง, ๐€๐›๐›๐•๐ข๐ž, and ๐๐ซ๐ข๐ฌ๐ญ๐จ๐ฅ-๐Œ๐ฒ๐ž๐ซ๐ฌ ๐’๐ช๐ฎ๐ข๐›๐› are at the forefront of developing biologic therapies for cancer, autoimmune disorders, and rare diseases. The market is also witnessing significant growth in biosimilars, expanding access to cost-effective biologics for patients.

๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe is a major contributor to the biologics market, with countries like Germany, the UK, and France leading in biologics innovation and manufacturing. Companies such as ๐’๐š๐ง๐จ๐Ÿ๐ข and ๐†๐ฅ๐š๐ฑ๐จ๐’๐ฆ๐ข๐ญ๐ก๐Š๐ฅ๐ข๐ง๐ž are driving advancements in monoclonal antibodies and immunotherapies. The region's emphasis on regulatory compliance and sustainability has fostered the development of high-quality biologic solutions tailored to meet diverse healthcare needs.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/37255/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Disease Category

Oncology
Infectious Diseases
Immunological Disorders
Cardiovascular Disorders
Hematological Disorders
Others

by Manufacturing

In-house
Outsource

by Product

Monoclonal Antibodies
Vaccines
Recombinant Proteins
Antisense, RNAi, & Molecular Therapy
Others

by Source

Microbial
Mammalian
Others

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/biologics-market/37255/

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. Sandoz
2. Pfizer
3. Teva Pharmaceutical
4. Celltrion
5. Biocon
6. Amgen
7. Samsung Biologics
8. Mylan
9. Dr. Reddy's Laboratories
10. Stada Arzneimittel AG
11. Pernix Therapeutics
12. Purdue Pharma L.P.
13. Sanofi Pasteur
14. SkyePharma

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Wine Corks Market https://www.maximizemarketresearch.com/market-report/wine-corks-market/194610/

โ™ฆ Drainage System Market https://www.maximizemarketresearch.com/market-report/drainage-system-market/194322/

โ™ฆ Medical Fluid Bags Market https://www.maximizemarketresearch.com/market-report/global-medical-fluid-bags-market/11003/

โ™ฆ Authorized Car Service Centre Market https://www.maximizemarketresearch.com/market-report/authorized-car-service-centre-market/13006/

โ™ฆ Global Microcarrier Market https://www.maximizemarketresearch.com/market-report/global-microcarrier-market/34042/

โ™ฆ Blockchain Technology Market https://www.maximizemarketresearch.com/market-report/global-blockchain-technology-market/29388/

โ™ฆ Global Wireless Connectivity Market https://www.maximizemarketresearch.com/market-report/wireless-connectivity-market/13738/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Biologics Market is set to surge with a projected CAGR of 9.1 % from 2024-2030 here

News-ID: 3822433 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD

Marine Electronics Market Expected to Reach USD 8.53 Bn by 2030 - Growth Forecast & Industry Analysis
Marine Electronics Market Expected to Reach USD 8.53 Bn by 2030 - Growth Forecas โ€ฆ
Marine Electronics Market Size: According to Maximize Market Research, the Global Marine Electronics Market was valued at US$ 6.06 billion in 2023 and is expected to reach US$ 8.53 billion by 2030, growing at a CAGR of around 5% during 2024-2030. Market Overview The Global Marine Electronics Market encompasses electronic devices and systems designed specifically for marine environments. These include navigation systems, communication devices, safety equipment, sonar & radar, vessel management systems,โ€ฆ
Oil and Gas Logistics Market to Reach USD 2.33 Billion by 2032 | Growth, Trends, Drivers & Strategic Insights
Oil and Gas Logistics Market to Reach USD 2.33 Billion by 2032 | Growth, Trends, โ€ฆ
The Oil and Gas Logistics Market was valued at USD 1.38 Billion in 2024 and is forecasted to grow to USD 2.33 Billion by 2032, exhibiting a CAGR of 6.7% during 2025 to 2032, driven by rising global energy demand, technological innovation, and expanding upstream and downstream supply chain activities. Market Overview The oil and gas logistics market encompasses the transportation, storage, handling, and distribution of crude oil, refined products, natural gas,โ€ฆ
Behind the Meter Market to Surge to USD 9.82 Billion by 2032 - Unmatched Growth Driven by Renewable Adoption & Decentralized Energy Solutions
Behind the Meter Market to Surge to USD 9.82 Billion by 2032 - Unmatched Growth โ€ฆ
According to Maximize Market Research, the Global Behind the Meter Market was valued at USD 6.00 Billion in 2024 and is projected to reach USD 9.82 Billion by 2032 at a 6.34 % CAGR, driven by growth in residential, commercial, and industrial energy storage adoption. Market Overview The Behind the Meter Market consists of energy storage systems installed on the consumer side of the utility meter. These systems store electricity generated fromโ€ฆ
Commercial Paper Market Expected to Witness Steady Growth Driven by Short-Term Corporate Financing Demand
Commercial Paper Market Expected to Witness Steady Growth Driven by Short-Term C โ€ฆ
The Commercial Paper Market size was valued at USD 100.09 Billion in 2024 and the total Commercial Paper revenue is expected to grow at a CAGR of 8.2% from 2025 to 2032, reaching nearly USD 188.03 Billion. Curious to peek inside? Grab your sample copy of this report now: https://www.maximizemarketresearch.com/request-sample/199690/ The Commercial Paper Market is gaining strong momentum as corporations, financial institutions, and large enterprises increasingly rely on short-term unsecured debt instrumentsโ€ฆ

All 5 Releases


More Releases for Biologics

Global Biologics Contract Manufacturing Market Set to Reach $83.47 Billion by 20 โ€ฆ
Biologics Contract Manufacturing Market reached US$ 26.03 billion in 2024 and is expected to reach US$ 83.47 billion by 2033, growing at a CAGR of 14.0% during the forecast period 2025-2033. The Biologics Contract Manufacturing market involves outsourcing the production of complex biologic drugs, including vaccines, antibodies, and recombinant proteins. Rising demand for biologics, cost-effective manufacturing, and scalable production drives growth. Technological advancements in cell culture, purification, and quality control enhanceโ€ฆ
Advanced Biologics Manufacturing Solutions Market Future Business Opportunities โ€ฆ
The qualitative latest Research report (2025-2032) on the Advanced Biologics Manufacturing Solutions Market by Coherent Market Insights Provides a deep dive into key market trends, drivers, challenges, and the competitive landscape. It analyzes market size, revenue, production, and CAGR using validated methodologies to ensure precision. The report highlights tech innovation, pricing trends, consumer behavior, and investment potential - empowering businesses to make informed, strategic moves. Request a Sample Copy: https://www.coherentmarketresearch.com/samplepages/137417 Focused onโ€ฆ
Biologics Fill Finish Manufacturing Market 2024-2031: Global Industry Size, Shar โ€ฆ
According to a new report published by CoherentMI The Biologics Fill Finish Manufacturing Market is estimated to be valued at USD 5.41 Billion in 2024 and is expected to reach USD 9.04 Billion by 2031, growing at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031. Most recent Report, named "Biologics Fill Finish Manufacturing Market" Patterns, Offer, Size, Development, Opportunity and Forecast 2024-2031, by CoherentMI offers aโ€ฆ
Biologics Market
The "Biologics Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031.ย  The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global Biologics Market, 2024-2031 Verified Market Research's most recent report, "Biologics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination of the industryโ€ฆ
Biologics Contract Manufacturing Market to Witness Huge Growth by 2031 | Wuxi Bi โ€ฆ
The Biologics Contract Manufacturing 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-contract-manufacturing-market What is theโ€ฆ
Spine Biologics Market Report 2024 - Spine Biologics Market Trends And Share
"The Business Research Company recently released a comprehensive report on the Global Spine Biologics Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sampleโ€ฆ