Pharmaceuticals

Global Cancer biologics Market Size, Forecasts, And Opportunities

December 2, 2021 by The Business Research Company

Learn about the global cancer biologics market through The Business Research Company, which provides information on cancer biologics market size, cancer biologics market drivers and restraints, cancer biologics market players, the COVID-19 impact on the cancer biologics market, and more.

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The global cancer biologics market is expected to grow from $66.12 billion in 2020 to $70.69 billion in 2021 at a compound annual growth rate (CAGR) of 6.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The cancer biologics market is expected to reach $93.34 billion in 2025 at a CAGR of 7.2%.

Rising prevalence of chronic diseases is expected to drive innovation in cancer biologics, thus driving the market during the forecast period.

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The cancer biologics market consists of sales of cancer biologics. Cancer biologic drugs are the products that are produced from living organisms or contain components of a living organisms. Biologic drugs include a wide variety of products which are derived from human, animal or microorganisms by using biotechnology.

Global cancer biologics market segments include:

By Type: Monoclonal Antibodies, Vaccines, Cell And Gene Therapy, Others

By Application: Hospitals, Clinics, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Companies in the cancer biologics market are developing predictive biomarkers which help the physicians to decide the treatments for their patients by utilizing physiological biomarkers for predicting the performance. Predictive biomarkers study tumour growth in patients by analyzing the major etiological factors as the cancer etiology differs from patient to patient. Moreover, these biomarkers not only aid in the early detection of cancer but also help in deciding the cost-effective treatment regimens, especially for the biologics based on gene therapy.

TBRC’s cancer biologics market report covers:

Major Market Players: AbbVie Inc., Hoffman-La Roche, GlaxoSmithKline, Eli Lilly and Company, and Amgen Inc.

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)

The Cancer Biologics Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides cancer biologics market overviews, analyzes and forecasts market size, share, cancer biologics market players, cancer biologics market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s cancer biologics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Cancer Diagnostics Global Market Report 2021

Cancer Clinical Decision Tools Global Market Report 2021

Cancer Vaccines Global Market Report 2021

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