Biologics and Biosimilars Market Report PDF | Growth CAGR of 5.5%, Restraints, Mergers And Forecast (2022-2031)
Pune, Maharashtra, India, October 19 2022 (Wiredrelease) Prudour Pvt. Ltd –:Specialty drugs, including biologics, account for a rapidly growing share of the US pharmaceutical market. In 2018, biologics made up 36% of the total US drug spending, and this is expected to grow to 50% by 2023. The high cost of these drugs is a major driver of healthcare costs and is unsustainable in the long term.
The introduction of biosimilars, which are less expensive versions of biologics, has the potential to reduce costs and increase access to these life-saving medications. Biosimilars are already available in Europe and other markets, but they have yet to be approved by the FDA in the US.
In the United States, the biologics and biosimilars market is expected to grow from USD 67.6 billion in 2020 to USD 85.6 billion by 2025, at a compound annual growth rate (CAGR) of 5.5%. This growth is primarily attributed to the increasing prevalence of chronic diseases, such as cancer and diabetes; the rising geriatric population; and the availability of government funding for research and development activities.
The Asia-Pacific region is expected to be the fastest-growing market for biologics and biosimilars, due to the rapidly expanding healthcare infrastructure in countries such as China and India, and the growing awareness about the benefits of these products among patients and healthcare providers.
The global biologics and biosimilars market is highly competitive, with a large number of players competing for market share.
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Competitive Spectrum – Top Companies Participating in the Biologics and Biosimilars Market are:
Pinnacle Renewable Energy Group
Pacific BioEnergy Corporation
Graanul Invest Group
Biologics and Biosimilars market research report will be sympathetic for:
1. New Investors
2. Propose investors and private equity companies
3. Cautious business organizers and analysts
4. Intelligent network security Suppliers, Manufacturers and Distributors
5. Government and research organizations
6. Speculation / Business Research League
7. End-use industries And much more
Biologics and Biosimilars Market Segments Evaluated in the Report:
Classified Applications of Biologics and Biosimilars :
Key regions divided during this report:
– The Middle East and Africa Biologics and Biosimilars Market (Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa)
– North America Biologics and Biosimilars Market (United States, Canada, Mexico)
– Asia Pacific Biologics and Biosimilars Market (China, Japan, Korea, India, Southeast Asia)
– South America Biologics and Biosimilars Market (Brazil, Argentina, Colombia)
– Europe Biologics and Biosimilars Market (Germany, UK, France, Russia, Italy)
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The Biologics and Biosimilars market research is sourced for experts in both primary and developed statistics and includes qualitative and quantitative details. The analysis is derived from Manufacturers’ experts work around the clock to recognize current circumstances, such as COVID-19, the possible financial reversal, the impact of a trade slowdown, the importance of the limitation on export and import, and all the other factors that may increase or decrease market growth during the forecast period.
Chapter 1. Introduction
The Biologics and Biosimilars research work report covers a brief introduction to the global market. this segment provides opinions of key participants, an audit of Biologics and Biosimilars industry, an outlook across key regions, financial services and various challenges faced by Biologics and Biosimilars Market. This section depends on the Scope of the Study and Report Guidance.
Chapter 2. Outstanding Report Scope
This is the second most important chapter, which covers market segmentation along with a definition of Biologics and Biosimilars. It defines the entire scope of the Biologics and Biosimilars report and the various facets it is describing.
Chapter 3. Market Dynamics and Key Indicators
This chapter includes key dynamics focusing on drivers[ Includes Globally Growing Biologics and Biosimilars Prevalence and Increasing Investments in Biologics and Biosimilars, Key Market Restraints [High Cost of Biologics and Biosimilars], opportunities [Emerging Markets in Developing Countries] and also presented in detail the emerging trends [Consistent Launch of New Screening Products] growth challenges, and influence factors shared in this latest report.
Chapter 4. Type Segments
This Biologics and Biosimilars market report shows the market growth for various types of products marketed by the most comprehensive companies.
Chapter 5. Application Segments
The examiners who wrote the report have fully estimated the market potential of key applications and recognized future opportunities.
Chapter 6. Geographic Analysis
Each regional market is carefully scrutinized to understand its current and future growth, development, and demand scenarios for this market.
Chapter 7. Impact of COVID-19 (Omicron) Pandemic on Global Biologics and Biosimilars Market
7.1 North America: Insight On COVID-19 (Omicron) Impact Study 2021
7.2 Europe: Serves Complete Insight On COVID-19 (Omicron) Impact Study 2021
7.3 Asia-Pacific: Potential Impact of COVID-19 (Omicron)
7.4 Rest of the World: Impact Assessment of COVID-19 (Omicron) Pandemic
Chapter 8. Manufacturing Profiles
The major players in the Biologics and Biosimilars market are detailed in the report based on their market size, market service, products, applications, regional growth, and other factors.
Chapter 9. Pricing Analysis
This chapter provides price point analysis by region and other forecasts.
Chapter 10. North America Biologics and Biosimilars Market Analysis
This chapter includes an assessment of Biologics and Biosimilars product sales across major countries of the United States and Canada along with a detailed segmental outlook across these countries for the forecasted period 2022-2031.
Chapter 11. Latin America Biologics and Biosimilars Market Analysis
Major countries of Brazil, Chile, Peru, Argentina, and Mexico are assessed apropos to the adoption of Biologics and Biosimilars.
Chapter 12. Europe Biologics and Biosimilars Market Analysis
Market Analysis of Biologics and Biosimilars report includes insights on supply-demand and sales revenue of Biologics and Biosimilars across Germany, France, United Kingdom, Spain, BENELUX, Nordic and Italy.
Chapter 13. Asia Pacific Excluding Japan (APEJ) Biologics and Biosimilars Market Analysis
Countries of Greater China, ASEAN, India, and Australia & New Zealand are assessed and sales assessment of Biologics and Biosimilars in these countries is covered.
Chapter 14. The Middle East and Africa (MEA) Biologics and Biosimilars Market Analysis
This chapter focuses on Biologics and Biosimilars market scenario across GCC countries, Israel, South Africa, and Turkey.
Chapter 15. Research Methodology
The research methodology chapter includes the following main facts,
15.2 Secondary Research
15.3 Primary Research
Chapter 16. Conclusion
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