Biologic Therapeutics Market - Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2017 - 2025

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Biologic Therapeutics Market - Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2017 - 2025

Status : January, 2019 | Biotechnology | PPT format

Report Digest


Global Biologic Therapeutics Market: Snapshot

The branch of science that deals with manufacturing medicines and pharmaceutical products based on biological origins is called biological therapeutics. Any pharmaceutical drug product manufactured from semi-synthesized and biological sources is included under this field. Owing to rapid advances experienced by this sector, a distinct biologic therapeutics market has formed. This market is mainly being driven by a rising demand for better healthcare treatments occurring all over the world.

The global biological therapeutics market mainly comprises of derivatives extracted from whole blood and other blood components, organs and tissue transplants, stem cell therapy, human breast milk, fecal microbiota, human reproductive cells, and antibodies. Several biological materials could are also extracted from other animals.

The global biological therapeutics market not only deals with extracted biologic materials from the market, but also involves providing treatments based on the use of these materials. Most biologic therapeutic substance include individual components such as thrombolytic agents, interferons, monoclonal antibodies, additional products, interleukin-based products, haematopoietic growth factors, hormones, and therapeutic enzymes. Materials used for producing biopharmaceuticals might also be derived from recombinant E. coli or yeast cultures, mammalian cell cultures, plant cell cultures, and mosses.

The global biologic therapeutics market is boosted through the presence of cancer, diabetes, and another coronary heart diseases. A growing geriatric population also has been responsible for making the market gain extensive revenue in the form of quality treatment processes. However, the market might be restrained due to high cost of extraction of the biologic materials. Nevertheless, extensive research and development carried out by many businesses in this market might offset the restraints substantially.

Global Biologic Therapeutics Market: Overview

The global biologic therapeutics market is predicted to benefit from the rising applications of biological products. Biological products could be made of sugars, nucleic acids, proteins, or complex combinations of these substances, or may be living components such as cells and tissues. Biological products are used to prevent diseases, diagnose diseases, or treat or cure medical conditions.

Global Biologic Therapeutics Market: Key Trends and Opportunities

First and foremost, increasing reimbursement for biologics is predicted to positively influence the biologic therapeutics market in the upcoming years. Medical insurance companies and state-run insurance schemes are increasingly accepting claims against biologic therapeutics. Biologic therapeutics are gaining popularity due the efficacy of biologic therapeutic drugs and fewer side effects than chemical-based drugs. This is because biologic drugs are obtained from natural sources such as plants, or even living components such as cells and tissues of animals, microorganisms, or humans. These fragments are further treated to make therapeutic products such as blood components, vaccines, and recombinant therapeutic proteins.

Increasing prevalence of chronic diseases such as cancer, diabetes, and coronary artery diseases and a growing geriatric population are some other factors contributing to the biologic therapeutics market. In addition, mounting clinical trials and innovative research and development practices to develop novel drugs is boosting the growth of biologic therapeutics market.

On the flip side, manufacturing difficulties due to complexities of drug molecules is challenging the growth of biologic therapeutics market. Nevertheless, increasing research and development in the pharmaceutical sector and rising applications of biologics is anticipated to provide new opportunities to this market.

Global Biologic Therapeutics Market: Market Potential

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Global Biologic Therapeutics Market: Geographical Outlook

As per the report’s analysis, the worldwide biologic therapeutics market could see a classification into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America, among them, could secure a leading position due to a robust research infrastructure and presence of expert researchers and scientists for biotechnology research. Europe is a key market for biologic therapeutics due to high level of biotechnology research and pioneering research in the field of biotechnology. Asia Pacific is likely to emerge as a significant market for biologic therapeutics with increasing advancement in biotechnology research.

Global Biologic Therapeutics Market: Competitive Landscape

The worldwide biologic therapeutics market is predicted to witness the prominence of several key players, namely Pfizer Inc., Novartis Global, Smith Medical, Concord Biotech, H. Lundbeck A/S, AstraZeneca, Merck & Co. Inc., GlaxoSmithKline plc, Aurobindo Pharma Ltd., and Retractable Technologies Inc. Market players could resort to common business strategies, viz. product innovation, cutting-edge developments, and acquisitions to push up growth in the market.

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand chain of the market
  • Market valuation (revenue and/or volume)
  • Key trends/opportunities/challenges
  • Forces defining present and estimated future state of the competitive landscape
  • Technological developments
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
  • Recent developments in the market’s competitive landscape
  • Detailed analysis of market segments up to second or third level of segmentation
  • Historical, current, and projected future valuation of the market in terms of revenue and/or volume
  • Key business strategies adopted by influential market vendors
  • Outline of the regulatory framework surrounding and governing numerous aspects of the market
  • Growth opportunities in emerging and established markets
  • Recommendations to market players to stay ahead of the competition

Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.

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