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Key Influencer in the Biobetters Market 2025: Impact Of Chronic Kidney Disease On The Biobetters Market Driver
How Are the key drivers contributing to the expansion of the biobetters market?The biobetters market is anticipated to witness significant growth due to the increasing occurrence of chronic kidney diseases (CKD). CKD is characterized as a prolonged ailment that impairs the function of kidneys and can eventually lead to complete renal failure. Aging demographics, high rates of diabetes and hypertension, unhealthy dietary habits, lack of physical activity, environmental pollution, and advanced diagnostic abilities contribute to the rising prevalence of CKD. Biobetters offer superior efficiency, fewer side effects, more suitable dosing schedules, and greater stability than traditional biological treatments, resulting in improved patient outcomes. Research from Oxford Academic in June 2023 suggests that the number of CKD cases in the UK will rise by 4% from 8.27 million to 8.61 million people between 2022 and 2032. Therefore, the escalating incidence of CKD is stimulating the expansion of the biobetters market. Similarly, the prevalence of autoimmune diseases is another major driver that is projected to boost the biobetters market growth. Autoimmune diseases, in which the body's immune system mistakenly attacks the healthy cells, are growing due to factors such as genetic predisposition, environmental factors, and lifestyle alterations. Biobetters assist in the management of autoimmune disorders by offering improved efficiency, fewer adverse effects, more effective dosing regimens, and greater stability than original biological treatments. Data from Public Health Scotland revealed that the number of newly diagnosed patients with multiple sclerosis (MS) rose to 87.2% in 2022, an increase from 85.7%, with 491 new cases, bringing the total to 6,359. In addition, the Impact of IBD Report 2023 predicts that, with a prevalence rate of 825 per 100,000 in 2023, over 470,000 Canadians, or 1.1% of the population, will be living with the inflammatory bowel disease (IBD) by 2035. Hence, the mounting occurrence of autoimmune diseases is fuelling the growth of the biobetters market.
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What growth opportunities are expected to drive the biobetters market's CAGR through 2034?
The scale of the biobetters market has been escalating swiftly in the past few years. It is anticipated to expand from $67.81 billion in 2024 to a staggering $75.98 billion in 2025, showcasing a compound annual growth rate (CAGR) of 12.0%. The substantial growth seen in the historical phase can be credited to the heightened comprehension of disease procedures, escalating healthcare spending, improved production technologies, technological breakthroughs in drug circulation, advancements in protein engineering, and a rising demand for enhanced therapeutic efficacy.
Expectations of a swift expansion in the biobetters market are high, with projections set at $118.2 billion by 2029, facilitated by a compound annual growth rate (CAGR) of 11.7%. Reasons for this lucrative forecast can be drawn from advances in biotechnology, heightened regard for personalized medicine, widening biopharmaceutical company pipelines, increasing chronic disease instances, encouraging regulatory environments, increased funding for R&D, and advanced health infrastructure. Key anticipated trends for this time frame encompass innovations in biobetters, protein engineering and logical design, amplified emphasis on therapeutic spaces, further advancements in healthcare infrastructure, progression in next-generation sequencing (NGS) technologies, and enhancements in high-throughput screening (HTS) technologies.
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What are the emerging trends shaping the future of the biobetters market?
The major players in the biobetters market are focusing on the development of subcutaneously administered biobetters to enhance patient comfort, improve therapeutic results, and minimize healthcare expenses. The subcutaneous injection of biobetters provides a more user-friendly solution compared to intravenous infusion, possibly leading to better patient adherence and improved efficiency in healthcare delivery. As an example, in May 2023, Celltrion, a bio-pharmaceutical company based in South Korea, was granted approval by the Brazilian Health Regulatory Agency for their biobetters named Remsima SC. It is a novel biobetter version of their infliximab biosimilar, Remsima, the only one of its kind in the world that uses subcutaneous administration. This version of Remsima SC further enhances a biosimilar by promoting its accessibility and performance. Specifically, it is indicated for use in the treatment of inflammatory bowel diseases such as Crohn's disease and ulcerative colitis. It provides patients with a more comfortable and potentially more effective method of treatment.
Which growth-oriented segments of the biobetters market are leading the industry's development?
The biobetters market covered in this report is segmented -
1) By Drug Class: Erythropoietin Biobetters, Granulocyte-Colony Stimulating Factor (G-CSF) Bioreactors, Interferon Biobetters, Insulin Biobetters, Monoclonal Antibodies Biobetters, Antihemophilic Factors, Other Drug Classes
2) By Route Of Administration: Oral, Subcutaneous, Inhaled, Intravenous, Other Routes
3) By Disease Indication: Diabetes, Cancer, Renal Disease, Neurodegenerative Diseases, Genetic Disorder-Hemophilia, Other Diseases
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Erythropoietin Biobetters: Darbepoetin Alfa, Continuous Erythropoietin Receptor Activator (CERA)
2) By Granulocyte-Colony Stimulating Factor (G-CSF) Biobetters: Pegfilgrastim, Lipegfilgrastim
3) By Interferon Biobetters: Pegylated Interferon Alfa-2a, Pegylated Interferon Alfa-2b
4) By Insulin Biobetters: Long-Acting Insulin Analogs (Insulin Glargine), Rapid-Acting Insulin Analogs (Insulin Aspart)
5) By Monoclonal Antibodies Biobetters: Trastuzumab (Herceptin Biosimilars), Bevacizumab (Avastin Biosimilars), Rituximab (Rituxan Biosimilars)
6) By Antihemophilic Factors: Recombinant Factor VIII (Nuwiq), Recombinant Factor IX (Alprolix)
7) By Other Drug Classes: Growth Factors, Cytokines, Enzyme Replacement Therapies, Vaccines
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What regions are leading the charge in the biobetters market?
North America was the largest region in the biobetters market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biobetters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the biobetters market?
Major companies operating in the biobetters market are Pfizer Inc., Johnson & Johnson, Merck & Co Inc., AbbVie Inc., Bayer AG, Sanofi Aventis LLC, Bristol-Myers Squibb Company, Novartis AG, GlaxoSmithKline plc, F Hoffmann La Roche Ltd., Eli Lilly and Co Ltd., Gilead Sciences Inc., Amgen Inc., Teva Pharmaceutical Industries Ltd., Regeneron Pharmaceuticals Inc., CSL Behring GmbH, Biogen Inc., GRIFOLS USA LLC, Celltrion Inc., Lonza Group AG, Ionis Pharmaceuticals Inc., Incyte Corporation, Amicus Therapeutics Inc., Genentech Inc., Sun Pharmaceutical Industries
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What Is Covered In The Biobetters Global Market Report?
•Market Size Forecast: Examine the biobetters market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the biobetters market for a structured understanding.
•Key Players Overview: Analyze major players in the biobetters market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the biobetters market.
•Segment Contributions: Evaluate how different segments drive overall growth in the biobetters market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the biobetters market.
•Industry Challenges: Identify potential risks and obstacles affecting the biobetters market.
•Competitive Landscape: Review strategic developments in the biobetters market, including expansions, agreements, and new product launches.
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