Biologics Market 2021 Next Big Thing | Novo Nordisk A/S, Pfizer Inc., Amgen, Sanofi, Samsung BioLogics, Merck & Co
Rising occurrences of target conditions and advancements in biomedical technology are among the significant factors influencing market revenue growth
VANCOUER, BC, CANADA, July 28, 2022 /EINPresswire.com/ -- The global Biologics Market1 is projected to reach USD 567.96 Billion in 2028 at a steady revenue CAGR of 8.4% over the forecast period, according to latest analysis by Emergen Research. Some key factors attributed to steady market revenue growth include rising demand for monoclonal antibodies, recombinant hormones/proteins, gene-based & cellular-based biologics, vaccines, and molecular therapy, etc. in the treatment of diseases including cancer, infectious diseases, immunological diseases, cardiovascular diseases, and hematological diseases, among others. Also, rising use of biologics for the treatment of autoimmune diseases, comprising various arthritis types, including ankylosing spondylitis, rheumatoid arthritis, and psoriatic arthritis, is playing a crucial role in driving revenue growth of the global biologics market.
The Global Biologics Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.
๐ ๐จ๐ซ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐๐ญ @ https://www.emergenresearch.com/request-sample/61
Surging demand and higher adoption of novel biologics drugs and therapies across the globe for the treatment of disease conditions is a significant factor causative of steady market revenue growth. One such novel drug is Antibody-Drug Conjugate (ADC), which is a highly effective drug used in disease treatment. In cancer treatment, ADC delivers drugs to the disease/target cells with a very high specificity, thereby maximizing efficacy and lessening systemic exposure, as well as associated side effect risks. Based on payload attached to the antibody, ADC can be deployed to influence several biological functions.
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐๐๐ซ๐๐ฌ๐ฌ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
What is the projected growth rate likely to be witnessed by each market region?
Which of the leading Biologics Market regions accounts for the maximum market share over the forecast years?
What sales estimates every region is expected to hold in the Biologics Market in the near future?
What is each regional segmentโs current valuation?
What are the estimated remunerations of these regions over the forecast timeline?
๐๐จ๐ฆ๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
In September 2020, Biocon Biologics Ltd. and Mylan made an announcement about the introduction of biosimilar Semglee in the US. This biosimilar is available, both in pre-filled pen and vials, and is intended for controlling high blood pressure in adults having type 2 diabetes and pediatric patients having type 1 diabetes.
Among the source segments, mammalian segment revenue is expected to register a significantly rapid growth rate over forecast period. Expression systems deploying mammalian cells for recombinant hormones/proteins can introduce appropriate protein folding, PTM (post-translational modifications), and product assembly that are essential for overall biological activity.
Among the product type segments, vaccines segment revenue is expected to expand at a relatively faster rate over forecast period. A vaccine functions by preparing the immune system to identify and fight pathogens, either bacteria or viruses. Vaccines are beneficial in reducing preventable infectious diseases, and currently, fewer number individuals suffer from the distressing effects of pertussis and measles, among other illnesses. Presently, vaccines are witnessing spiraling demand across the globe to curb the spread of COVID-19 and resulting mortalities occurring due to the disease.
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐๐๐จ๐ฎ๐ง๐ญ๐๐ ๐๐จ๐ซ ๐๐๐ซ๐ ๐๐ฌ๐ญ ๐๐๐ฏ๐๐ง๐ฎ๐ ๐๐ก๐๐ซ๐ ๐ข๐ง ๐๐๐๐:
The market in Asia Pacific is expected to register fastest revenue CAGR over forecast period due to improving healthcare infrastructure, rising investments in biologics development, and better reimbursement scenario in some countries in the region.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
Novo Nordisk A/S, Pfizer Inc., Amgen, Sanofi, Samsung BioLogics, Merck & Co. Inc., Celltrion, AbbVie Inc., Johnson & Johnson Services Inc., Eli Lilly & Company, F Hoffman La Roche, Addgene, Novartis AG, and GlaxoSmithKline.
๐๐จ ๐ ๐๐ญ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ง ๐ญ๐ก๐ ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฆ๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐ก๐๐ซ๐: @ https://www.emergenresearch.com/industry-report/biologics-market
The report on the Global Biologics Market initially offers an in-depth overview of the Biologics Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
๐๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
The report highlights the latest trends observed in the consumption pattern of each regional segment.
Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the Biologics Market .
The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
To Gain In-Depth Insights on biologics market, Request Methodology at2
๐๐ฆ๐๐ซ๐ ๐๐ง ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ก๐๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐๐๐ฌ๐ข๐ฌ ๐จ๐ ๐ฌ๐จ๐ฎ๐ซ๐๐, ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ ๐ญ๐ฒ๐ฉ๐, ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง, ๐๐ง๐ ๐ซ๐๐ ๐ข๐จ๐ง:
๐๐จ๐ฎ๐ซ๐๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐, ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง; ๐๐๐๐-๐๐๐๐)
Microbial
Mammalian
Others
๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐, ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง; ๐๐๐๐-๐๐๐๐)
Monoclonal Antibodies
Vaccines
Recombinant Hormones/Proteins
Cellular-Based Biologics
Gene-Based Biologics
Others
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐, ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง; ๐๐๐๐-๐๐๐๐)
Cancer
Infectious Diseases
Immunological Diseases
Cardiovascular Diseases
Hematological Disorders
Others
๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐จ๐ฏ๐๐ซ๐ฌ ๐ญ๐ก๐ ๐ ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐๐๐ ๐ข๐จ๐ง๐ฌ:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://www.emergenresearch.com/request-for-customization/61
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1 https://www.emergenresearch.com/industry-report/biologics-market
2 https://www.emergenresearch.com/request-sample/61