Global and US Biopharmaceutical Market Size, Industry Analysis, Market Share, Smart Trends, Forecast 2012 - 2018

MarketResearchReports.Biz presents this most up-to-date research on "US Biopharmaceutical Market - Global Industry Size, Market Share, Smart Trends, Analysis And Forecast, 2012 - 2018"

​The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.

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Biopharmaceuticals are medical drugs which are produced with the help of biotechnology. The US is the largest market for biopharmaceuticals and is the leader in terms of revenue, by a substantial margin. The biopharmaceutical market can be classified based on the class of the medical drug into recombinant proteins, monoclonal antibodies and purified proteins. Based on the therapeutic applications, biopharmaceuticals can be classified as blood factors, thrombolytic agents, hormones, hematopoietic growth factors, interferon’s and vaccines.

The US biopharmaceutical market was valued at USD 90 billion and is estimated to grow with a CAGR of 11%. The US accounts for more than half the production of biopharmaceuticals in the world. The biopharmaceutical market is expected to grow in the coming years because of certain concrete drivers for the market. Firstly, the launch of newer and advanced products at short intervals gives consumers a variety to choose from and increases its consumption. Secondly, the percentage of population beyond the age of 65 has been growing steadily and they are the primary consumers of biopharmaceuticals. Also the approval for newer indications of existing therapies and drugs has helped in the growth of the market.

The high cost associated with biopharmaceutical medicines is a major hindrance to the growth of the market. To make it commercially more viable, the cost needs to be reduced. Also there are several cases of unwanted side effects of biopharmaceuticals which have left a negative impression in the market about these products. Also the approach people have to biopharmaceuticals is that of a secondary line of action. Biopharmaceuticals have to enter the mainstream of medicines for its sustained growth.

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The approval for additional indications is a very strong opportunity to tap newer markets. There is still a section of the population that is unaware about the pros and cons of biopharmaceuticals and hence deter from using it. This market needs to be penetrated in order to increase the growth of the market. All biopharmaceuticals could be developed to cure diseases which till now were incurable. This would be the biggest opportunity that the market could have.

Some of the key players in the US biopharmaceutical market are Novartis, Pfizer, Merck, Johnson and Johnson, Abbot Laboratories and others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World

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This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a technological growth map over time to understand the industry growth rate
It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments

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