Global Biological Therapeutics Market

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Global Biological Therapeutics Market Size, Share, Growth, Industry Trends and Forecast 2020-2030


Biological therapeutics is a branch of science that deals with manufacturing medicines and pharmaceutical products based on biological origins. The biological therapeutics market mainly constitutes of derivatives extracted from whole blood and other blood components, organ and tissue transplants, stem cell therapy, human breast milk, human reproductive cells, and antibodies. They contain sugars, proteins, nucleic acids, or complex combinations of these substances, or may be living entities such as cells and tissues. The global biological therapeutics market not only deals with extracted biologic materials, but also provides treatment based on the usage of these materials. Most biological therapeutics materials include individual components like thrombolytic agents, interferon, monoclonal antibodies, interleukin-based products, haematopoietic growth factors, and therapeutic enzymes. The global Biological therapeutics market is projected to reach USD 616.4 billion by 2030 from USD 285.5 billion in 2020, at an approximate CAGR of 8%.

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Market Dynamics and Factors:

The major factors attributing to the growth of the biologic therapeutics market include increasing prevalence of chronic diseases such as cancer, diabetes, & coronary artery diseases and the rising geriatric population across the globe. Likewise, a large number of clinical trials and innovative R&D approaches to develop advanced drugs is driving the market growth. For instance, in June 2018, Boehringer Ingelheim announced its plan to invest USD 267 million for establishing a new biologics development centre in Germany. Similarly, in February 2018, Bristol-Myers Squibb collaborated with Nektar Therapeutics for developing a combination cancer immunotherapy in a deal worth USD 3.6 billion. However, manufacturing difficulties due to the complexity of drug molecules are restraining the market growth of biological therapeutics. Growing R&D activities in the field of pharmaceuticals and biotechnology and the rise in therapeutical applications are anticipated to provide new growth opportunities for the market.

Market Segmentation :

  • Global Biological Therapeutics Market – By Source

    • Avian Cell Structure

    • Insect Cell Structure

    • Xenotransplantation Products

    • Yeast

    • Bacteria

    • Humans

  • Global Biological Therapeutics Market – By Product

    • Vaccines

    • Blood & Blood Products

    • Allergenic Extracts

    • Human Cells & Tissues

    • Gene Therapies

    • Protein

    • Cellular Therapies

  • Global Biological Therapeutics Market – By Application

    • Rheumatoid Arthritis

    • Anemia

    • Cancer

    • Diabetes

    • Others

  • Global Biological Therapeutics Market – By Geography

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • U.K.

      • France

      • Germany

      • Italy

      • Rest of Europe

    • Asia-Pacific

      • Japan

      • China

      • India

      • Australia

      • Rest of Asia Pacific

    • ROW

      • Latin America

      • Middle East

      • Africa

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Geographic Analysis:

North America is expected to dominate the global biological therapeutics market in terms of revenue market share during the forecast period. The increasing incidences of chronic ailments including autoimmune disorders, infectious diseases and several types of cancers in the US and Canada are driving the sales of the biologic therapeutics for effective treatment. As a result, the region will continue to dominate the market’s growth in the forthcoming years. Additionally, a robust healthcare infrastructure and the presence of many key market players in the region is going to further augment the market growth of biological therapeutics in North America. Europe is the second most dominating market for biological therapeutics during the forecast period mainly due to the pioneering research performed in the field of biotechnology in the region. The Asia Pacific region is anticipated to witness the fastest growth in the biological therapeutics market during the forecast period. Increasing advancements in biotechnology research, rising investments of foreign players in the region, and government initiatives to promote R&D are the major factors attributing to the market growth in the APAC region.    

Competitive Scenario:

The key players operating in the global biological therapeutics market are –

Pfizer Inc., Novartis AG, GlaxoSmithKline Plc, Merck & Co. Inc., Aurobindo Pharma Ltd., AstraZeneca, Concord Biotech, Smith Medical, Retractable Technologies Inc., H Lundbeck A/S.

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How will this Market Intelligence Report Benefit You?

  1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.

  2. Exclusive insight into the key trends affecting the Global Biological Therapeutics industry, although key threats, opportunities and disruptive technologies that could shape the Global Biological Therapeutics Market supply and demand.

  3. The report tracks the leading market players that will shape and impact the Global Biological Therapeutics Market most.

  4. The data analysis present in the Global Biological Therapeutics Market report is based on the combination of both primary and secondary resources.

  5. The report helps you to understand the real effects of key market drivers or retainers on Global Biological Therapeutics Market business.

The 2021 Annual Global Biological Therapeutics Market offers:

  • 100+ charts exploring and analysing the Global Biological Therapeutics Market from critical angles including retail forecasts, consumer demand, production and more

  • 15+ profiles of top producing states, with highlights of market conditions and retail trends

  • Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand

  • Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Biological Therapeutics Market type

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Decision Foresight is a market research organization known for its reliable and genuine content, market estimation and the best analysis which is designed to deliver state-of-the-art quality syndicate reports to our customers. Apart from syndicate reports, you will find the best market insights, strategies that will help in taking better business decisions on subjects that may require you to develop and grow your business-like health, science, technology and many more. At Decision Foresight, we truly believe in disseminating the right piece of knowledge to a large section of the audience and cover the in-depth insights of market leaders across various verticals and horizontals.

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