2019 Global Biologics Market Opportunities And Strategies By Product Type – Monoclonal Antibodies, Therapeutic Proteins And Vaccines
ABNewswire is a press release distribution service. On July 18, 2019, it released an article on the Biologics Market, sourced from TBRC`S Biologics Market report.The global biologics market is expected to grow around $319 billion in 2021 at a growth rate of around 10%.Growth in the biologics market in the historic period resulted from aging population, government initiatives, ability to command high prices, increased mergers and acquisitions, and increased share of biologics in the pipeline. Factors that negatively affected growth in the historic period were difficulty in manufacturing biologics, and pricing pressures from regulators. Going forward, technological advances increase in healthcare access, and reimbursement of biologics will drive growth.