Biopharmaceuticals Market Industry Growth Analysis on Latest Trends and Forecast by 2030
The Biopharmaceuticals Market was valued at about USD 401.32 billion in 2021, expected to witness a revenue of USD 534.19 billion in 2027 with a CAGR of 8.6% over the forecast period, 2022-2027.
Biopharmaceuticals are substances
that are produced with the help of living organisms such as microorganisms and
animal cells and have a high therapeutic value. These large and complex
molecular drugs are also known as biologic drugs and biotechnology.The global
biopharmaceutical market is driven by various factors like the increasing adult
population, increasing prevalence of chronic diseases such as cancer and
diabetes, and increasing global adoption of biopharmaceuticals. In addition,
increased strategic collaboration between biopharmaceutical companies is
expected to complement the growth of the biopharmaceutical industry.
COVID-19 has the potential to have
three major effects on the global economy: directly impacting production and
demand, causing supply chain and market disruption, and having a financial
impact on businesses and financial markets. Our analysts, who are monitoring
the situation throughout the world, believe that the market would provide
producers with lucrative opportunities following the COVID-19 dilemma. The
purpose of the report is to provide a more detailed representation of the
current circumstances, the economic slowdown, and the influence of COVID-19 on
the total industry.
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Market Segmentation:
By product type:
Monoclonal Antibodies
Interferon
Colony-Stimulating Factor
Erythropoietin
Insulin
Vaccines
Growth Hormones
Others
By application:
Tumor
Diabetes
Cardiovascular
Hemophilia
Others
By Key companies:
Roche
Amgen
AbbVie
Sanofi-Aventis
Johnson & Johnson
Pfizer
Novo Nordisk
Eli Lilly
Novartis
Merck
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By region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key benefits:
- This market share and analysis is
based on a comprehensive analysis of the main developments in the Biopharmaceuticals
industry.
- The development strategies of
major market players are included to understand the competitive scenario
in the global Biopharmaceuticals Market.
- This study offers an in-depth
analysis of market trends to clarify upcoming investment pockets.
- It provides information on key
engines, restraints, and capabilities, along with an analysis of their
impact on market size.
Reasons to Purchase this Report:
- The research contains a wealth of
information, including market dynamics and opportunities for the forecast period.
- Quantitative, qualitative, value
(USD Million), and volume (Units Million) data are among the segments and
sub-segments.
- Data on demand and supply forces,
as well as their impact on the market, may be found at the regional,
sub-regional, and country levels.
- In the last three years, the
competitive landscape has included share of significant competitors, new
advances, and strategies.
- Companies that provide
comprehensive products, important financial information, latest
developments, SWOT analyses, and strategies.
Some
Table of Content
1 Market Overview
1.1 Product Overview and Scope of Biopharmaceuticals
1.2 Classification of Biopharmaceuticals by Type
1.2.1 Overview: Global Biopharmaceuticals Market Size by
Type: 2020 Versus 2021 Versus 2026
1.2.2 Global Biopharmaceuticals Revenue Market Share by
Type in 2020
1.2.3 Monoclonal Antibodies
1.2.4 Interferon
1.2.5 Colony-Stimulating Factor
1.2.6 Erythropoietin
1.2.7 Insulin
1.2.8 Vaccines
1.2.9 Growth Hormones
1.2.10 Others
1.3 Global Biopharmaceuticals Market by Application
1.3.1 Overview: Global Biopharmaceuticals Market Size by
Application: 2020 Versus 2021 Versus 2026
1.3.2 Tumor
1.3.3 Diabetes
1.3.4 Cardiovascular
1.3.5 Hemophilia
1.3.6 Others
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