BIOLOGICS MARKET ANALYSIS
Biologics Market, by Drug Class (Monoclonal Antibody, Vaccine, Recombinant Insulin, Human Growth Hormone, Blood Factor, Fusion Protein, Erythropoietin, Recombinant Enzyme, Interferon, Colony-stimulating Factor, Cell Therapy, Gene Therapy, Oligonucleotides and Others (Peptide, Botulinum Toxin, and Others)), by Therapeutic Application (Oncology, Metabolic Disorders, Autoimmune/Immunologic Diseases, Ophthalmic Diseases, Inflammatory Bowel Diseases (IBDs), Respiratory Disorders, Neurological Disorders, Musculoskeletal Disorders (MSDs), Cardiovascular Diseases (CVDs), Infectious Diseases, and Others), by Distribution Channel (Hospitals Pharmacies, Retail Pharmacies, and Online Pharmacies), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Press Release
https://www.coherentmarketinsights.com/press-release/biologics-market-3010
Biological products include wide range of products such as vaccines, blood and blood components, allergenic, somatic cells, gene therapy, tissues, and recombinant therapeutic proteins. Many biologics are produced using recombinant DNA technology. Biologics are the best used drugs for the treatment of genetic disorders. Biologics are also used to treat children with CLN2 disease, which is a form of Batten disease. Moreover, in 2017, BioMarin Pharmaceutical Inc. received the U.S. FDA approval for its Brineura (cerliponase alfa), which is indicated for the treatment CLN2 disease.
Market Dynamics
In the recent past, several novel biopharmaceutical products were approved by major regulatory bodies and major players in the market have launched various novel and innovative biopharmaceutical products. Rapid approvals and launches of novel products in the market are expected to be major drivers for growth of the biologics market. For instance, in 2017, Amgen Inc. received the U.S. Food and Drug Administration (FDA) for its Blincyto (Blinatumomab) for the treatment of relapsed or refractory B-cell precursor acute lymphoblastic leukemia (ALL) in adults and children.
Furthermore, in 2017, Janssen Biotech, Inc. received the U.S FDA approval for Darzalex (daratumumab) in combination with pomalidomide and dexamethasone for the treatment of patients with multiple myeloma.
However, high cost of biologics for the treatment of diseases such as rheumatoid arthritis, cancer, multiple sclerosis, psoriasis, and other diseases is expected to hamper biologics market growth over the forecast period. For instance, according to the data published in NCBI in 2018, the cost of biologics for treatment of serious diseases such as cancer, diabetes, rheumatoid arthritis, and other inflammatory diseases can range from US$ 10,000 to US$ 30,000 per year in the U.S. and can exceed US$ 500,000 per year for the most expensive biologics.
Furthermore, it is more difficult to manufacture biologics than chemical drugs, as they are extremely sensitive due to its very complex molecules.
Key features of the study:
- This report provides in-depth analysis of the global biologics market, market size (US$ Bn), and compound annual growth rate (CAGR (%) for the forecast period, 2020-2027, considering 2019 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by leading players
- It profiles key players in the global biologics market based on the following parameters: company overview, financial performance, product portfolio, geographical presence, key developments, and strategies
- Key players covered as a part of this study include Bristol-Myers Squibb Company (BMS), Merck & Co., Inc., Roche AG, Merck KGaA, AstraZeneca Plc, Regeneron Pharmaceuticals, Inc, Novartis International AG, Pfizer, Inc., Amgen, Inc., AbbVie, Inc., Sanofi S.A., Eli Lilly & Company, Novo Nordisk A/S, Johnson & Johnson, GlaxoSmithKline Plc, Teva Pharmaceutical Industries Ltd., Ipsen S.A., and Allergan Plc.
- Insights from this report would allow marketers and management authorities of companies to make informed decisions with respect to future product launches, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
- The global biologics market report caters to various stakeholders in this industry, which include investors, product manufacturers, distributors, and suppliers for Global Biologics Market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
- Global Biologics Market, by Drug Class:
- Monoclonal Antibody
- Vaccine
- Recombinant Insulin
- Human Growth Hormone
- Blood Factor
- Fusion Protein
- Erythropoietin
- Recombinant Enzyme
- Interferon
- Colony-stimulating Factor
- Cell Therapy
- Gene Therapy
- Oligonucleotides
- Others
- Global Biologics Market, By Therapeutic Application:
- Oncology
- Metabolic Disorders
- Autoimmune/Immunologic Diseases
- Ophthalmic Diseases
- Inflammatory Bowel Diseases (IBDs)
- Respiratory Disorders
- Neurological Disorders
- Musculoskeletal Disorders (MSDs)
- Cardiovascular Diseases (CVDs)
- Infectious Diseases
- Others
- Global Biologics Market, by Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Global Biologics Market, by Region:
- North America
- By Country:
- U.S.
- Canada
- By Drug Class:
- Monoclonal Antibody
- Vaccine
- Recombinant Insulin
- Human Growth Hormone
- Blood Factor
- Fusion Protein
- Erythropoietin
- Recombinant Enzyme
- Interferon
- Colony-stimulating Factor
- Gene Therapy
- Cell Therapy
- Oligonucleotides
- Others
- By Therapeutic Application:
- Oncology
- Metabolic Disorders
- Autoimmune/Immunologic Diseases
- Ophthalmic Diseases
- Inflammatory Bowel Diseases (IBDs)
- Respiratory Disorders
- Neurological Disorders
- Musculoskeletal Disorders (MSDs)
- Cardiovascular Diseases (CVDs)
- Infectious Diseases
- Others
- By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Europe
- By Country:
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- By Drug Class:
- Monoclonal Antibody
- Vaccine
- Recombinant Insulin
- Human Growth Hormone
- Blood Factor
- Fusion Protein
- Erythropoietin
- Recombinant Enzyme
- Interferon
- Colony-stimulating Factor
- Gene Therapy
- Cell Therapy
- Oligonucleotides
- Others
- By Therapeutic Application:
- Oncology
- Metabolic Disorders
- Autoimmune/Immunologic Diseases
- Ophthalmic Diseases
- Inflammatory Bowel Diseases (IBDs)
- Respiratory Disorders
- Neurological Disorders
- Musculoskeletal Disorders (MSDs)
- Cardiovascular Diseases (CVDs)
- Infectious Diseases
- Others
- By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Asia Pacific
- By Country:
- Australia
- India
- China
- Japan
- ASEAN
- South Korea
- Rest of Asia Pacific
- By Drug Class:
- Monoclonal Antibody
- Vaccine
- Recombinant Insulin
- Human Growth Hormone
- Blood Factor
- Fusion Protein
- Erythropoietin
- Recombinant Enzyme
- Interferon
- Colony-stimulating Factor
- Gene Therapy
- Cell Therapy
- Oligonucleotides
- Others
- By Therapeutic Application:
- Oncology
- Metabolic Disorders
- Autoimmune/Immunologic Diseases
- Ophthalmic Diseases
- Inflammatory Bowel Diseases (IBDs)
- Respiratory Disorders
- Neurological Disorders
- Musculoskeletal Disorders (MSDs)
- Cardiovascular Diseases (CVDs)
- Infectious Diseases
- Others
- By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Drug Class:
- Monoclonal Antibody
- Vaccine
- Recombinant Insulin
- Human Growth Hormone
- Blood Factor
- Fusion Protein
- Erythropoietin
- Recombinant Enzyme
- Interferon
- Colony-stimulating Factor
- Gene Therapy
- Cell Therapy
- Oligonucleotides
- Others
- By Therapeutic Application:
- Oncology
- Metabolic Disorders
- Autoimmune/Immunologic Diseases
- Ophthalmic Diseases
- Inflammatory Bowel Diseases (IBDs)
- Respiratory Disorders
- Neurological Disorders
- Musculoskeletal Disorders (MSDs)
- Cardiovascular Diseases (CVDs)
- Infectious Diseases
- Others
- By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Middle East
- By Country:
- GCC
- Israel
- Rest of Middle East
- By Drug Class:
- Monoclonal Antibody
- Vaccine
- Recombinant Insulin
- Human Growth Hormone
- Blood Factor
- Fusion Protein
- Erythropoietin
- Recombinant Enzyme
- Interferon
- Colony-stimulating Factor
- Gene Therapy
- Cell Therapy
- Oligonucleotides
- Others
- By Therapeutic Application:
- Oncology
- Metabolic Disorders
- Autoimmune/Immunologic Diseases
- Ophthalmic Diseases
- Inflammatory Bowel Diseases (IBDs)
- Respiratory Disorders
- Neurological Disorders
- Musculoskeletal Disorders (MSDs)
- Cardiovascular Diseases (CVDs)
- Infectious Diseases
- Others
- By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Africa
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- By Drug Class:
- Monoclonal Antibody
- Vaccine
- Recombinant Insulin
- Human Growth Hormone
- Blood Factor
- Fusion Protein
- Erythropoietin
- Recombinant Enzyme
- Interferon
- Colony-stimulating Factor
- Gene Therapy
- Cell Therapy
- Oligonucleotides
- Others
- By Therapeutic Application:
- Oncology
- Metabolic Disorders
- Autoimmune/Immunologic Diseases
- Ophthalmic Diseases
- Inflammatory Bowel Diseases (IBDs)
- Respiratory Disorders
- Neurological Disorders
- Musculoskeletal Disorders (MSDs)
- Cardiovascular Diseases (CVDs)
- Infectious Diseases
- Others
- By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Company Profiles
- Bristol-Myers Squibb Company (BMS) *
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Merck & Co., Inc.
- Roche AG
- Merck KGaA
- AstraZeneca Plc
- Regeneron Pharmaceuticals, Inc
- Novartis International AG
- Pfizer, Inc.
- Amgen, Inc.
- AbbVie, Inc.
- Sanofi S.A.
- Eli Lilly & Company
- Novo Nordisk A/S
- Johnson & Johnson
- GlaxoSmithKline Plc
- Teva Pharmaceutical Industries Ltd.
- Ipsen S.A.
- Allergan Plc.
ā*ā marked represents similar segmentation in other categories in the respective section.
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