Biologics Market Size And Forecast by 2031
Data Bridge Market Research analyses that the Global Biologics Market which was USD 264 Million in 2021 is expected to reach USD 596.65 Billion by 2029 and is expected to undergo a CAGR of 9.25% during the forecast period of 2021 to 2029. Biologics Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.
Global Biologics Market Segmentation Analysis
Global Biologics Market, By Type (Tumor Necrosis Factor (TNF) Inhibitor, T-cell Inhibitor, Selective Co-stimulation Modulators, Interleukin-6 (IL-6) or Interleukin-17 Blocker, Interleukin-1 (IL-1) Blocker, B-cell Inhibitor), Drug Class (Monoclonal Antibody, Recombinant Insulin, Vaccine, Blood Factor, Human Growth Hormone, Erythropoietin, Fusion Protein, Recombinant Enzyme, Interferon, Colony-stimulating Factor, Gene Therapy, Cell Therapy, Oligonucleotides, Others), Therapeutic Application (Oncology, Autoimmune/Immunologic Diseases, Metabolic Disorders, Ophthalmic Diseases, Respiratory Disorders, Inflammatory Bowel Diseases (IBDs), Neurological Disorders, Cardiovascular Diseases (CVDs), Musculoskeletal Disorders (MSDs), Infectious Diseases, Others), Source (Microbial, Mammalian, Others), Manufacturing (Outsourced, In-House), Drug Type (Branded Drugs, Generic Drugs), Mode of Purchase (Prescription Drugs, Over-The-Counter (OTC) Drugs), Dosage Form (Injection, Tablets, Others), Route of Administration (Oral, Parenteral, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others) – Industry Trends and Forecast to 2029
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Which are the top companies operating in the Biologics Market?
The “Global Biologics Market ”study report will provide a valuable insight with an emphasis on the global market. The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Biologics Market extension. This Biologics Market report provides the information of the Top 10 Companies in Biologics Market in the market their business strategy, financial situation etc.
**Segments**
– Monoclonal Antibodies
– Vaccines
– Recombinant Hormones
– Immunomodulators
– Antisense, RNAi, & Molecular Therapy
The global biologics market is projected to experience robust growth from 2021 to 2029. Several key segments within the biologics market are expected to drive this growth. Monoclonal antibodies, a type of biologic therapy that targets specific proteins on cancer cells, are anticipated to have a significant market share. Vaccines, particularly with the ongoing focus on preventive healthcare globally, are expected to see increased demand. Recombinant hormones, such as insulin for diabetes treatment, are also poised for growth. Immunomodulators, which help regulate the immune system, are another important segment within the biologics market. Additionally, emerging therapies like antisense, RNAi, and molecular therapy are projected to contribute to the market’s expansion.
**Market Players**
– Amgen Inc.
– Novartis AG
– Roche Holding AG
– Johnson & Johnson
– Pfizer Inc.
Several key players are actively participating in the global biologics market. Amgen Inc., a pioneer in biotechnology, is at the forefront of developing innovative biologic therapies. Novartis AG, a Swiss multinational pharmaceutical company, has a strong presence in the biologics sector with a focus on research and development. Roche Holding AG, a leading healthcare company, offers a diverse portfolio of biologic products. Johnson & Johnson, a multinational corporation known for its pharmaceutical and consumer health products, is also a major player in the biologics market. Pfizer Inc., an American pharmaceutical giant, is actively involved in the development and commercialization of biologic drugs.
Overall, the global biologics market is expected to witness substantial growth driven by key segments such as monoclonal antibodies, vaccines, recombinant hormones, immunomodulators, and emerging therapies. Market players like AmgenThe global biologics market is set to witness significant growth in the coming years, fueled by key segments that are driving innovation and meeting the growing demand for advanced healthcare solutions. Monoclonal antibodies, with their targeted approach to treating various diseases including cancer, are expected to continue dominating the market due to their efficacy and specificity in targeting specific proteins on targeted cells. With the global emphasis on preventive healthcare, vaccines are projected to see a surge in demand, especially in the wake of the COVID-19 pandemic that has highlighted the importance of vaccination programs. Recombinant hormones, essential for treating conditions like diabetes, are poised for growth as the prevalence of such chronic diseases continues to rise globally. Immunomodulators, which play a vital role in regulating the immune system and managing autoimmune disorders, are another key segment expected to drive market growth. Additionally, emerging therapies such as antisense, RNAi, and molecular therapy are forecasted to revolutionize treatment options and contribute significantly to the expansion of the biologics market.
In the competitive landscape of the biologics market, several prominent market players are actively engaged in shaping the industry dynamics and driving innovation. Amgen Inc., a pioneering biotechnology company known for its cutting-edge therapies, stands out as a key player at the forefront of developing novel biologics to address unmet medical needs. Novartis AG, with its strong focus on research and development in the biologics sector, continues to introduce innovative therapies and maintain a competitive edge in the market. Roche Holding AG, a leading healthcare company offering a diverse portfolio of biologic products, plays a crucial role in catering to the increasing demand for advanced biologics worldwide. Johnson & Johnson, a multinational corporation renowned for its pharmaceutical and consumer health products, has a significant presence in the biologics market and is actively contributing to advancements in healthcare through its biologic offerings. Pfizer Inc., an American pharmaceutical giant with a robust pipeline of biologic drugs, remains a key player in driving**Market Players:**
– Pfizer Inc. (US)
– GlaxoSmithKline plc (UK)
– Novartis AG (Switzerland)
– Mylan N.V. (US)
– Teva Pharmaceutical Industries Ltd. (Israel)
– Sanofi (France)
– Boehringer Ingelheim International GmbH. (Germany)
– AstraZeneca (UK)
– Johnson & Johnson Private Limited (US)
– Merck & Co., Inc. (US)
– F. Hoffmann-La Roche Ltd. (Switzerland)
– Bristol-Myers Squibb Company (US)
– Eli Lilly and Company (US)
– Allergan (Ireland)
– Abbott (US)
– LEO Pharma A/S (Denmark)
– Sun Pharmaceutical Industries Ltd. (India)
– Aurobindo Pharma (India)
– Lupin (India)
– Hikma Pharmaceuticals PLC (UK)
– Zydus Cadila (India)
The global biologics market is on a trajectory of significant growth, driven by key segments such as monoclonal antibodies, vaccines, recombinant hormones, immunomodulators, and emerging therapies. Monoclonal antibodies, with their high specificity and efficacy in targeting disease-causing proteins, are expected to maintain their dominance in the market, especially in the treatment of cancer and autoimmune diseases. Vaccines, crucial for preventive healthcare, are likely to experience increased demand, fueled by public health initiatives and the aftermath
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