Biologics Market A Dive from 8.25% CAGR in 2024-30| MarkNtel Advisors
MarkNtel Advisors has recently released an all-encompassing report on Biologics market. The report thoroughly explores the present and future market scenarios, providing valuable insights into market size, share, and competitor segmentation. It also delivers an overview of manufacturers, regions, product categories, and application areas. This extensive research is designed to empower clients with the knowledge required to comprehend and capitalize on market trends for their business strategies.
Forecast 2024-30: Revealing Biologics Market Insights and Analysis
The Biologics Market size is estimated to grow at a CAGR of around 8.25% during the forecast period, i.e., 2024-30.
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Driving Innovation: Exploring the Biologics Market and its Growth Challenge
Global Biologics Market Challenge:
Enhanced Cost for Accessing Biologics Source to Hinder Industry Expansion – The ever-increasing cost expenses tied to acquiring biologics sources have been presenting a multifaceted challenge to healthcare ecosystems & pharmaceutical enterprises. The complex and costly nature of biologics has been compounded by regulatory frameworks like the FDA & EMA, enabling strict criteria for the approval & commercialization of biologic products. These criteria encompass thorough testing and documentation to prove their effectiveness, safety, and quality.
As a result, the process of developing biologics has been prolonged, and manufacturers have been facing increased expenses owing to regulatory factors. Thus, the companies had to uplift the selling cost of biologics, and the high cost of these drugs has been affecting the large-scale adoption globally. Consequently, Global Biologics has been affected negatively due to the rising costs of the products during the historical years, which is anticipated to prevail in the coming years as well.
Biologics Market: Key Players
Ferring Pharmaceuticals Inc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
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Aimmune Therapeutics, Inc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
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- Hoffman La Roche
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
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Biologics Market Segmentation Outline:
By Therapeutic Application
-Oncology- Market Size & Forecast 2019-2030, (USD Million)
-Infectious Disease- Market Size & Forecast 2019-2030, (USD Million)
-Autoimmune Disease- Market Size & Forecast 2019-2030, (USD Million)
-Diabetes- Market Size & Forecast 2019-2030, (USD Million)
-Cardiovascular Diseases- Market Size & Forecast 2019-2030, (USD Million)
-Others (Inflammatory Bowel Diseases, Respiratory Disorders, Ophthalmic Disorders, etc.)- Market Size & Forecast 2019-2030, (USD Million)
By Drug Class
-Recombinant Proteins- Market Size & Forecast 2019-2030, (USD Million)
–Hormones- Market Size & Forecast 2019-2030, (USD Million)
–Cytokines- 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)
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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