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Biologics Global Market, Opportunities And Strategies To 2022

Starting Price : $ 4000.00 $ 2680.00 | Pages : 0 | Published : December 2018 | SKU CODE : o&s034 | Format :

Biologics Market Charecterstics

The biologics market consists of sales of biologics and related services by entities (organizations, sole traders and partnerships) that produce biologics to treat and prevent various microbial diseases and cancers. This industry includes establishments that produce products that are composed of sugars, proteins, nucleic acids, and combination of all these substances isolated from humans, animal and microorganisms or produced from biotechnology methods.

Competitive Landscape of the Biologics Market

The biologics market is highly concentrated, with only a small number of drugs approved from a small number of companies. The top biologics companies in the market include Johnson & Johnson, F. Hoffmann-La Roche Ltd. Bristol-Myers Squibb Company, GlaxoSmithKline Plc., AbbVie Inc., Amgen and Pfizer.

Biologics Market Size

The global biologics market is expected to reach higher than $319.4 billion by 2022, growing at a double digit CAGR in the forecast period. The growth in the market is due to government initiatives for the research and development of biopharmaceutical drugs, increasing healthcare access among developing and underdeveloped nations, and rising mergers and acquisitions in the biologics market.

However, the market is expected to face restraints from several factors such as difficulty in biologics manufacturing, regulatory pricing strategies and rising demand of biosimilars.

Biologics Market Segmentation

The global biologics market is segmented based on the type and geography. By type the biologics market is segmented into monoclonal antibodies, therapeutic proteins and vaccines.
Monoclonal antibodies are derived by cell division from a single ancestral cell. These antibodies recognize and bind to antigens in order to discriminate between specific epitopes which provide protection against disease organisms. The report further shows the segmentation of monoclonal antibodies by source and by therapeutic area.
Therapeutic proteins are proteins that are engineered in the laboratory for pharmaceutical use. These proteins include cytokines, peptide hormones and enzymes. The report further describes the segmentation of therapeutic proteins by type and by therapeutic area.
Vaccines are biological preparations that provide immunity from a disease. Vaccines can be administered orally, through injections or by aerosol. These are used for prophylactic (preventive) or therapeutic purposes. Vaccines are further segmented by end user and by therapeutic area. By geography the global biologics market is segmented into five regions- North America, South America, Asia Pacific, Western Europe, Eastern Europe and Middle East and Africa.
Trends in the Biologics Market
Major trends witnessed in the biologics market over the historic period include increasing demand for biologics in the treatment of complex diseases, rising development of next generation biologics and revised FDA regulations facilitating biologics drug development.
Potential Opportunities in the Biologics Market
With rising ageing population, growing investments and healthcare access among emerging economies, the demand and scope for the biologics market is expected to increase in the forecast period.

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