Global Biologics Market Insights Report Overview:

According to current research by MarkNtel Advisors the Global Biologics Market size was valued at around USD 408.5 billion in 2023 and is expected to register a CAGR of around 8.25% during the forecast period, i.e., 2024-30. Data at the global, regional, and sub-regional levels are included in the report to assist stakeholders in better understanding supply and demand dynamics and how they affect the sector.

Professionals in the industry have conducted a thorough analysis of the global Biologics market report, which has been presented in a way that highlights the most important facts. The most up-to-date data on the global market is the primary emphasis of the research. It includes several significant topics, such as corporate profiles, mergers and acquisitions, financial status, and feasibility research. It offers thorough details on industry chain analysis, marketing routes, and raw material costs. Stakeholders can learn more about market viability and financial sustainability through this abundance of information available. In addition, it provides a comprehensive picture of the market dynamics by illuminating the strategic actions made by organizations, their profiles, and the entire industry value chain. 

Scope of the report: 

Within the market under study, the report looks at the numerous applications, products/services, market value, and production capacity. In addition, it provides a thorough SWOT analysis, a threat and opportunity analysis, and a summary of the leading regions. Through this, stakeholders may find out more about the market potential for application, diversity of products/services, and market value. In addition, the research offers an evaluation of the opportunities, threats, weaknesses, and strengths, enabling stakeholders to comprehend the market environment and make wise decisions.

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Global Biologics Market Trend:

Rising Demand for Personalized Medicine Augmenting the Biologics Market Growth – In recent years, there has been a significant increase in the demand for personalized medicines among patients and healthcare professionals across the globe, as they meet the specific needs of an individual. Hence, as biologics can be modified and engineered to fit these requirements, it has been used largely by pharmaceutical companies for the development of personalized medicines, which have been offering more effective & patient-centric treatment options. Thus, the demand for personalized medicine has emerged as a new trend in the Global Biologics Market in recent years.

Moreover, in addition to the development of precision medicines, biologics also play a major role in the identification and development of diagnostic tools such as biomarkers, which allow disease diagnosis. Consequently, with advancements in the usage of biologics for the development of diagnostic methods and precision medicines, it is anticipated to contribute to the market growth in the coming years as well.

Competitive Landscape:

To provide a clear picture of the competitive environment of the studied industry, we conducted a detailed analysis of both the major global players and the important regional small- and medium-sized businesses with significant growth potential. This global Biologics market research provides information on the competitors, including their sales volume and revenue with corresponding market shares, price, and gross margin. It also examines the current competitive situation of the market. Furthermore, discussed are the market concentration ratio, mergers, acquisitions, and expansion strategies.

• Bristol-Myers Squibb
• Pfizer
• Sanofi
• Janssen Biotech, Inc.
• Bayer AG
• Merck & Co.
• Amgen Inc.
• Abbott GmbH
• Novartis
• AstraZeneca Plc
• GlaxoSmithKline Biologicals
• Moderna, Inc.
• Ferring Pharmaceuticals Inc.
• Aimmune Therapeutics, Inc.
• Hoffman La Roche
• Others

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By identifying the high-growth sectors, the study also gives stakeholders valuable insights into the trends and factors that are either driving or impeding the market growth possibilities.

Global Biologics Market Segmentation

-By Therapeutic Application:

• Oncology
• Infectious Disease
• Autoimmune Disease
• Diabetes
• Cardiovascular Diseases
• Others (Inflammatory Bowel Diseases, Respiratory Disorders, Ophthalmic Disorders, etc.)

The Oncology segment witnessed substantial market growth during historical years. Oncology has been one of the largest markets for biologics due to the high unmet demand for effective cancer treatments. Biologics such as monoclonal antibodies and immune checkpoint inhibitors have revolutionized cancer treatment by targeting specific proteins or cells.

Also, with the surging need to treat cancer and improve global mortality burdens, governments of various countries, including the US, Canada, India, China, etc., are increasingly focusing on boosting investments in oncology drug development, driving the demand for biologics production & distribution globally.

-By Drug Class

• Recombinant Proteins- Market Size & Forecast 2019-2030, (USD Million)
• Monoclonal Antibodies- Market Size & Forecast 2019-2030, (USD Million)
• Blood & Blood Components- Market Size & Forecast 2019-2030, (USD Million)
• Cellular & Gene Therapy- Market Size & Forecast 2019-2030, (USD Million)
• Vaccines- Market Size & Forecast 2019-2030, (USD Million)
• Others- Market Size & Forecast 2019-2030, (USD Million)

-By Source

• Microbes- Market Size & Forecast 2019-2030, (USD Million)
• Humans- Market Size & Forecast 2019-2030, (USD Million)
• Others (Rodents, Plants, etc.)- Market Size & Forecast 2019-2030, (USD Million)

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Biologics Market Geographical Reach:

-By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Key Benefits for Stakeholders: 

• To determine the prevailing market opportunities, this research offers a quantitative study of the market segments, current trends, projections, and shifts in the global Biologics market analysis from 2024-30.
• Information on the main factors driving the market as well as the obstacles and possibilities are provided.
• The power of suppliers and buyers to empower stakeholders to make profit-driven business decisions and fortify their supplier-buyer network is underscored by Porter's five forces analysis.
• A comprehensive examination of the Biologics market segmentation aids in identifying the dominant market opportunities.
• The major countries in each area are shown about the revenue they generate for the global market.
• Market player positioning makes benchmarking easier and gives a clear picture of the current market position of each participant discussed in the report.
• The research analyzes market trends for the Biologics industry on a regional and global scale, as well as the major competitors, market segments, and industry expansion tactics.

About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others.

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