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Biologics Market to Surpass USD 856 Billion by 2031 as Precision Medicine Redefines Healthcare

Biologics Market to Surpass USD 856 Billion by 2031 as Precision

[Hyderabad, April 24th, 2025] - The global biologics market is poised for transformative growth, projected to increase from USD 421.5 billion in 2023 to USD 856.3 billion by 2031 (9.3% CAGR), according to ClearView Market Insights Analytics. Breakthroughs in mRNA, CRISPR, and AI are ushering in a new era of personalized and curative therapies.

Request Sample @ https://clearviewmarketinsights.com/report-details/global-biologics-market/

Key Market Drivers:
1. Therapeutic Revolution:
o mRNA Vaccines: Moderna's cancer vaccine reduces tumor recurrence by 62%.
o CRISPR Cures: Vertex's Exa-cel eliminates transfusion needs in 95% of sickle cell patients.

2. Regulatory Momentum:
o FDA's Accelerated Pathways: 7 biologics approved in record 4.2 months average.
o EU's ATMP Initiative: 12 gene therapies greenlit for rare diseases.

3. Biosimilar Boom:
o Humira® Biosimilars: 8 new entrants slash prices by 60%.
o Emerging Markets: India and China approve 23 biosimilars in 2024.

2024 Milestones:
• Oncology: Roche's Glofitamab achieves 75% response rate in aggressive lymphomas.
• Manufacturing: AI reduces drug development time from 5 years to 18 months.
• Access: WHO prequalifies 4 biosimilars for global distribution.

Regional Leaders:
Region Market Share Growth Driver
North America 50% FDA fast-track approvals
Europe XX% EU's €2.1B manufacturing fund
Asia-Pacific XX% China's biosimilar acceleration

Market Outlook (2024-2031):
• 2024-2026: 50% of new drug approvals will be biologics.
• 2027-2029: AI-designed biologics capture 20% market share.
• 2030-2031: Curative gene therapies dominate rare disease treatment.

For more insights, visit https://clearviewmarketinsights.com/report-store

Attachments Available:
1. Pipeline Tracker: 1,200+ biologics in development.
2. Biosimilar Impact Report: Price trends across 40 markets.

Media contact:
Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-7369

About ClearView Market Insights Analytics

A leader in life sciences intelligence, tracking 500+ biologics pipelines worldwide.

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