PUBLISHER: Lucintel | PRODUCT CODE: 1416334
PUBLISHER: Lucintel | PRODUCT CODE: 1416334
Biologics Contract Development Trends and Forecast
The future of the global biologics contract development market looks promising with opportunities in the oncology, immunological disorder, cardiovascular disorder, and hematological disorder markets. The global biologics contract development market is expected to reach an estimated $40.9 billion by 2030 with a CAGR of 11.5% from 2024 to 2030. The major drivers for this market are rising number of drug development procedures by pharmaceutical companies, growing adoption of advanced technologies, and favorable environment for clinical trials in the developing countries.
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Biologics Contract Development by Segment
The study includes a forecast for the global biologics contract development by source, product service, disease indication, and region.
Biologics Contract Development Market by Source [Shipment Analysis by Value from 2018 to 2030]:
Biologics Contract Development Market by Product Service [Shipment Analysis by Value from 2018 to 2030]:
Biologics Contract Development Market by Disease Indication [Shipment Analysis by Value from 2018 to 2030]:
Biologics Contract Development Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Biologics Contract Development Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies biologics contract development companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the biologics contract development companies profiled in this report include-
Biologics Contract Development Market Insights
Lucintel forecasts that mammalian will remain the larger segment over the forecast period due to increasing adoption of mammalian cells for protein expression, which provides a major advantage by developing mammalian proteins with correct post-translational modifications that delivers a native structure.
Within this market, oncology will remain the largest segment due to growing demand for therapy, which encourages more investments in research and development and outsourcing.
North America will remain the largest region over the forecast period due to growing R&D investments, rising demand of clinical trials, and presence of major players in the region.
Features of the Global Biologics Contract Development Market
Market Size Estimates: Biologics contract development market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Biologics contract development market size by source, product service, disease indication, and region in terms of value ($B).
Regional Analysis: Biologics contract development market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different sources, product services, disease indication, and regions for the biologics contract development market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the biologics contract development market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the biologics contract development market size?
Answer: The global biologics contract development market is expected to reach an estimated $40.9 billion by 2030.
Q2. What is the growth forecast for biologics contract development market?
Answer: The global biologics contract development market is expected to grow with a CAGR of 11.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the biologics contract development market?
Answer: The major drivers for this market are rising number of drug development procedures by pharmaceutical companies, growing adoption of advanced technologies, and favorable environment for clinical trials in the developing countries.
Q4. What are the major segments for biologics contract development market?
Answer: The future of the biologics contract development market looks promising with opportunities in the oncology, immunological disorder, cardiovascular disorder, and hematological disorder markets.
Q5. Who are the key biologics contract development market companies?
Answer: Some of the key biologics contract development companies are as follows:
Q6. Which biologics contract development market segment will be the largest in future?
Answer: Lucintel forecasts that mammalian will remain the larger segment over the forecast period due to increasing adoption of mammalian cells for protein expression, which provides a major advantage by developing mammalian proteins with correct post-translational modifications that delivers a native structure.
Q7. In biologics contract development market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing R&D investments, rising demand of clinical trials, and presence of major players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.