Market Research Report
Biopharmaceuticals - A Global Market Overview
|Published by||Industry Experts||Product code||831993|
|Published||Content info||480 Pages, 256 Charts
Delivery time: 1-2 business days
|Biopharmaceuticals - A Global Market Overview|
|Published: May 1, 2019||Content info: 480 Pages, 256 Charts||
The biopharmaceuticals market is driven by various factors, such as increase in elderly population, surge in prevalence of chronic diseases like cancer, HIV/AIDS and diabetes, and increase in adoption of biopharmaceuticals globally. Biopharmaceuticals offer several benefits including highly effective and potent action, fewer side effects, and the potential to actually cure diseases rather than merely treat the symptoms, which have significantly increased the demand for biopharmaceutical products. The market growth is attributed to the growing acceptance for biopharmaceuticals due to their ability to treat previously untreatable diseases, resulting in huge market demand for biopharmaceuticals.
Global demand for Biopharmaceuticals by product is led by Monoclonal Antibodies (moAb), estimated at US$82.3 billion (33.2% share) in 2018, and is also projected to witness the fastest CAGR of 10.8% between 2018 and 2025. The global market for biopharmaceuticals in 2019 is expected to reach US$269.3 billion.
The report analyzes the market for the product types of Biopharmaceuticals including:
Application Areas of Biopharmaceuticals analyzed comprise the following:
The report reviews, analyzes and projects the global Biopharmaceuticals market for the period 2016-2025 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2018 through 2025.