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Biological drugs (sometimes known as 'biologics' or 'biopharmaceuticals') are drugs that are created by biological processes. They now target diseases that previously had little or no therapeutic choices, such as some types of cancer, autoimmune diseases, and other noncommunicable diseases. These medications are distinct since they are manufactured in living cells.
Global Biological Drugs Market Overview:
The Global Biological Drugs Market Research Report has conducted a thorough assessment of the present state, which includes definitions, classifications, applications, and the intricate structure of the industrial chain within the targeted sector. This study gives insights into the current market state, historical market performance, production and consumption rates, demand-supply dynamics, and revenue estimates for the projected term, all with unbiased and expert analysis. Notably, the report includes strategic aims and growth methods used by prominent players in this area. Mergers and acquisitions, business transactions, partnerships, collaborations, joint ventures, brand marketing, and product introductions are all part of this study. In conclusion, this study provides a thorough view of the sector's national and regional landscape.
Key Insights:
Global Biological Drugs Market Size CAGR is expected to be 10.1% during the forecast period and the market size is expected to reach nearly $ 640.91 Bn. by 2029.
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COVID-19 Impact on Global Biological Drugs market:
The Global Biological Drugs industry has bore the brunt of the COVID-19 pandemic, with far-reaching consequences. Production facilities were halted due to disruptions and manpower shortages. This issue resulted in a severe and protracted decrease in production utilisation, which was exacerbated by travel restrictions and facility closures that kept employees away from their workplaces, slowing the Global Biological Drugs market in 2020. The negative impacts of COVID-19 on this market, however, are predicted to be ephemeral, with a rapid comeback forecast by early 2021, driven by increased demand for Global Biological Drugs .
Global Biological Drugs Market Drivers:
Furthermore, as compared to chemical drugs, the requirement for effective treatments for illnesses such as cancer, autoimmune diseases, and other chronic illnesses with low side effects is likely to generate opportunities for significant players in the biological drugs market throughout the projection period. However, the complexity of biological drug production is a huge problem for global biological producers, particularly in developing and least developed nations where it is difficult to maintain both a controlled manufacturing environment and quality control.
Global Biological Drugs Market Segmentation:
by Therapeutic Protein
• Levemir
• Neulasta
• Eylea
• Rebif
• NovoLog
• Enbrel
• Avonex
• Neupogen
• Humalog
• Victoza
• Lantus
• Epogen
• Aranesp
• Betaseron
by Monoclonal Antibody
• Avastin
• Rituxan
• Lucentis
• Humira
• Herceptin
• Remicade
by Vaccine
• Gardasil
• Prenvar 13
• Fluzone
• Cervarix
• Varivax
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Key Players:
This research report provides in-depth quantitative insights on market potential across numerous categories, as well as country-specific assessments for each covered area. The report examines the key market factors and is supplemented by detailed profiles of...
• AbbVie Inc.
• Amgen Inc.
• Bristol-Myers Squibb
• Biogen Inc.
• F. Hoffmann-La Roche AG
• Johnson & Johnson
• Eli Lilly and Company
• Merck & Co., Inc.
• Novartis AG
• Pfizer Inc.
• GlaxoSmithKline plc.
• Baxter International Inc.
• Abbott Laboratories.
• CSL Ltd.
• Sanofi
Regional Analysis:
The region section of the research also includes important market influencing factors and changes in market regulation that impact the market's current and future trends. Some of the primary variables utilised to assess the market scenario for various locales are new sales, replacement sales, national demographics, regulatory acts, and import-export tariffs. Furthermore, when offering forecast analysis of national data, the existence and availability of brands, as well as the challenges they face as a result of strong or weak competition from local and domestic brands, as well as the influence of sales channels, are considered.
Table Of Content:
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Biological Drugs Market, by Market Value (US$ Bn)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
Key Questions Answered in the Global Biological Drugs Market Report are:
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