The latest market report published by Credence Research, Inc. “Biologics Market Growth, Future Prospects, and Competitive Analysis, 2018 -2026” the biologics market was valued at US$ 254.9 Bn in 2017, and expected to reach US$ 580.5 Bn by 2026 at a CAGR of 9.5 % during the forecast period from 2018 to 2026.
The Biologics Market Research Report Forecast 2018-2026 is an important source of insightful data for market strategists. It presents the Biologics industry overview with growth analysis and past & futuristic cost, income, demand and supply data (as relevant). The research analysts present a detailed representation of the value chain and its distributor analysis. This Biologics Market study gives complete data which improves the understanding. [Continue reading…]
Global biologics market exhibits remunerative growth during the forecast period from 2018 to 2026 due to presence of around 800 biologics in pipeline. The growth attributed is due to incessant expansion in product portfolio with increasing demand for biologics across the globe. Rising prevalence of chronic diseases, unremitting research and development activities and continuous investment in biologics contribute to the overall market growth. According to World Health Organization (WHO), by 2020 chronic diseases would account for 75% of deaths globally. Cancer, autoimmune diseases, and diabetes contribute above 60% of the overall biologics market. In 2016, approximately 50% of new molecular entities approved by the FDA were biologics. Continuous development in cellular & gene therapy further catalyzes the market owing to its high efficacy and therapeutic outcome. CAR-T cell therapies are the latest therapies approved by the FDA for oncology indications.
Browse the full Biologics market – Growth, Future Prospects and Competitive Analysis, 2018 – 2026 report at https://www.credenceresearch.com/report/biologics-market
Analysis of trends in the global Biologicsindustry and interest for Biologics in various regions, including Asia-Pacific, Europe, and North America
Market size and value of Biologics used for commercial Biologics from 2011 to 2017 and forecast for eight years up until 2026
The qualitative study of drivers and limitations of Biologics Market
Key players in the global Biologics Market Include Abbvie, Inc., Amgen, Inc., AstraZeneca Plc., Celgene Corporation, Janssen Pharmaceuticals, Inc., Merck & Co. Inc., Novartis AG, Pfizer, Inc., Roche Holding AG, Sanofi S.A and Takeda Pharmaceutical Co., Ltd.
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Credence Research has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications have been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
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