Global Biologics Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Biologics Market Report by The Business Research Company covers biologics market drivers and restraints, biologics market size, major players, and the impact of COVID-19 on the biologics market.
The biologics market consists of sales of biologics and related services by entities (organizations, sole traders and partnerships) that produce biologics or biosimilars to treat and prevent various microbial diseases and cancers. The biologics market comprises companies manufacturing biological products that are derived from genetically modified proteins and human genes. Biologics products include a wide range of recombinant therapeutic proteins, gene therapy tissues, somatic cells, vaccines, and allergenics.
The global biologics market is expected to recover from COVID-19 crisis and grow from $239,168.6 million in 2020 to $464,604.9 million in 2023 at a rate of 14.7%.
Technology is expected to be a continued driver of market growth during this period. An area of particular development is likely to be physiology simulation modeling. Markets such as this one will benefit from the greater efficiencies offered by developments in this area. For example, Eli Lilly and Pfizer have adopted Amazon’s Elastic Compute Cloud (EC2) platform to conduct simulation models in early drug discovery that have been operational within hours, whereas traditional models would have taken weeks to conduct simulations. The Open Innovation Drug Discovery program is another initiative by Lilly to enhance the research and development of biologics.
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Some biologics market trends include robust research and development activities. These research and development activities have led to increasing success rates in clinical trials for biologics. Research and development is being carried out by market leaders in the biologics market as they continuously strive to make breakthroughs in the market in the form of new and effective biologics.
Global biologics market segments include:
1) By Type: Monoclonal Antibodies MAbs (Anti-Cancer MAbs, Immunological MAbs, Anti-Infective Monoclonal Antibodies MAbs, Cardiovascular And Cerebrovascular MAbs, Neuropharmacological MAbs, Others – Monoclonal Antibodies MAbs), Therapeutic Proteins (Metabolic Disorders Therapeutic Proteins, Cancer Therapeutic Proteins, Cardiovascular Therapeutic Proteins, Immunological Therapeutic Proteins, Others – Therapeutic Proteins), Vaccines (Anti-Infective Vaccines, Autoimmunity Vaccines, Others-Vaccines)
2) By Route Of Administration: Oral, Others (IV or IP)
3) By Drug Classification: Branded Drugs, Generic Drugs
4) By Mode Of Purchase: Prescription-Based Drugs, Over-The-Counter Drugs
5) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies/ Drug Stores, Others
6) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Biologics Opportunities And Strategies: Forecast To 2023 is one of a series of new reports from The Business Research Company that provides biologics market overviews, analyzes and forecasts market size, share, biologics market players, biologics market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The biologics identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Biologics Opportunities And Strategies: Forecast To 2023 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Johnson & Johnson, F. Hoffmann-La Roche Ltd., Bristol-Myers Squibb, GlaxoSmithKline Plc., AbbVie.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Biologics Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Biologics Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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