Cancer Biologics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product, By Application, By End User, By Region & Competition, 2021-2031F

Description

The Global Cancer Biologics Market is projected to grow from USD 100.86 Billion in 2025 to USD 152.81 Billion by 2031, expanding at a CAGR of 7.17%. Cancer biologics are therapeutic agents derived from living organisms, such as monoclonal antibodies and vaccines, engineered to treat malignancies by targeting specific immune pathways or tumor cells. This market growth is primarily supported by the increasing global demand for precision medicine and substantial capital allocation toward oncology research, ensuring a steady pipeline of therapeutic innovations. These structural drivers represent a fundamental shift in clinical standards of care, rather than temporary trends. According to the European Federation of Pharmaceutical Industries and Associations, the research-based pharmaceutical industry invested an estimated €55 billion in R&D in Europe in 2024, demonstrating the sustained financial commitment fueling this sector.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 100.86 Billion
Market Size 2031	USD 152.81 Billion
CAGR 2026-2031	7.17%
Fastest Growing Segment	Immune Checkpoint Inhibitors
Largest Market	North America

Despite this strong growth trajectory, the market faces a significant challenge due to the prohibitive costs associated with biopharmaceutical manufacturing and development. This financial burden necessitates high pricing strategies that create complex reimbursement hurdles and restrict patient access, particularly in cost-sensitive healthcare systems. Such economic barriers effectively limit the addressable market in developing regions and pose a substantial impediment to the global expansion of these therapies.

Market Driver

The rising global incidence of various cancer types acts as the primary catalyst for market expansion, necessitating the widespread adoption of advanced biological therapies. As the burden of oncological diseases intensifies due to aging populations and environmental factors, healthcare systems are increasingly relying on biologics for their target-specific mechanisms, which differ significantly from systemic chemotherapy. This surge in patient volume directly correlates with a higher demand for monoclonal antibodies and immunotherapies, compelling providers to integrate these treatments into standard protocols. According to the American Cancer Society's 'Cancer Facts & Figures 2024' (January 2024), the United States is projected to witness over 2 million new cancer cases in 2024 for the first time, a milestone that highlights the critical need for effective biological interventions.

Parallel to rising demand, the rapid advancement in biological drug development and the subsequent surge in regulatory approvals are structurally reshaping the sector. Biopharmaceutical developers are prioritizing the engineering of complex molecules that offer superior efficacy and safety profiles, leading to a prolific period of commercialization for novel agents. This regulatory momentum ensures that breakthroughs in research translate quickly into available treatments. According to the U.S. Food and Drug Administration's 'Novel Drug Approvals for 2023' (January 2024), the agency approved 55 novel therapeutics, marking a significant increase in approval rates that facilitates faster market entry. The substantial commercial viability of these approved therapies is evident; according to Merck & Co. in 2024, worldwide sales for the oncology biologic Keytruda grew 19% to $25.0 billion in the full year of 2023.

Market Challenge

The prohibitive costs associated with biopharmaceutical manufacturing and development constitute a primary impediment to the growth of the Global Cancer Biologics Market. Unlike traditional small-molecule drugs, cancer biologics require highly complex production processes involving living cell lines, which necessitates substantial upfront capital and sophisticated infrastructure. This intense financial burden forces manufacturers to implement high pricing strategies to recoup research and development investments. Consequently, these elevated price points create significant friction within healthcare systems, leading to rigorous reimbursement scrutiny and restricted formulary inclusion.

This economic pressure directly hampers market expansion by limiting patient access to these advanced therapies, particularly in cost-sensitive regions. The pricing dynamics are further complicated by systemic markups that exacerbate the affordability crisis. According to the Pharmaceutical Research and Manufacturers of America in 2024, hospital outpatient facilities charged 1.3 to 4.3 times more than physician offices for cancer medicines. Such disparities in pricing structure intensify the reimbursement hurdles mentioned earlier, effectively shrinking the addressable market as payers and patients struggle to absorb the escalating costs of care.

Market Trends

The rapid expansion of Antibody-Drug Conjugate (ADC) pipelines represents a structural pivot in the sector, moving beyond standard monoclonal antibodies toward armed constructs that deliver cytotoxic payloads directly to tumor cells. This trend is characterized by intense investment in manufacturing capabilities to support the complex conjugation processes required for these therapeutics, which offer higher potency with reduced systemic toxicity compared to traditional chemotherapy. Major industry players are securing their supply chains to ensure the scalability of these targeted agents; according to AstraZeneca in May 2024, the company announced a $1.5 billion capital commitment to construct a facility in Singapore specifically designed to enhance the global supply of its ADC portfolio, reflecting the high strategic priority placed on this modality.

Concurrently, the integration of artificial intelligence into biologic drug discovery is fundamentally altering the efficiency of protein engineering and target identification. Pharmaceutical developers are increasingly forming high-value partnerships with technology firms to utilize generative models that predict protein structures and optimize binding affinities, effectively compressing the timeline for bringing novel biologics to clinical trials. These collaborations enable the exploration of vast biological spaces that were previously inaccessible through conventional screening methods. According to Isomorphic Labs in January 2024, the company established a multi-target collaboration with Eli Lilly valued at up to $1.7 billion to apply digital biology approaches for the discovery of new therapeutic agents.

Key Market Players

Roche Holding AG
Novartis AG
Merck & Co., Inc.
Bristol-Myers Squibb Company
Amgen Inc.
Johnson & Johnson
Pfizer Inc.
AstraZeneca plc
Eli Lilly and Company
AbbVie Inc

Report Scope

In this report, the Global Cancer Biologics Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Cancer Biologics Market, By Product

Monoclonal Antibodies
Cytokine-Based Immunotherapy
Cancer Vaccines
CAR-T Cell Therapy
Immune Checkpoint Inhibitors

Cancer Biologics Market, By Application

Non-small Cell Lung Cancer
Prostate Cancer
Breast Cancer
Acute Myeloid Leukemia
Lymphoma
Others

Cancer Biologics Market, By End User

Hospitals & Clinics
Ambulatory Care Centers
Others

Cancer Biologics Market, By Region

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Cancer Biologics Market.

Available Customizations:

Global Cancer Biologics Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Cancer Biologics Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Product (Monoclonal Antibodies, Cytokine-Based Immunotherapy, Cancer Vaccines, CAR-T Cell Therapy, Immune Checkpoint Inhibitors)
- 5.2.2. By Application (Non-small Cell Lung Cancer, Prostate Cancer, Breast Cancer, Acute Myeloid Leukemia, Lymphoma, Others)
- 5.2.3. By End User (Hospitals & Clinics, Ambulatory Care Centers, Others)
- 5.2.4. By Region
- 5.2.5. By Company (2025)
5.3. Market Map

6. North America Cancer Biologics Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Product
- 6.2.2. By Application
- 6.2.3. By End User
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Cancer Biologics Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Product
    - 6.3.1.2.2. By Application
    - 6.3.1.2.3. By End User
- 6.3.2. Canada Cancer Biologics Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Product
    - 6.3.2.2.2. By Application
    - 6.3.2.2.3. By End User
- 6.3.3. Mexico Cancer Biologics Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Product
    - 6.3.3.2.2. By Application
    - 6.3.3.2.3. By End User

7. Europe Cancer Biologics Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Product
- 7.2.2. By Application
- 7.2.3. By End User
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Cancer Biologics Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Product
    - 7.3.1.2.2. By Application
    - 7.3.1.2.3. By End User
- 7.3.2. France Cancer Biologics Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Product
    - 7.3.2.2.2. By Application
    - 7.3.2.2.3. By End User
- 7.3.3. United Kingdom Cancer Biologics Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Product
    - 7.3.3.2.2. By Application
    - 7.3.3.2.3. By End User
- 7.3.4. Italy Cancer Biologics Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Product
    - 7.3.4.2.2. By Application
    - 7.3.4.2.3. By End User
- 7.3.5. Spain Cancer Biologics Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Product
    - 7.3.5.2.2. By Application
    - 7.3.5.2.3. By End User

8. Asia Pacific Cancer Biologics Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Product
- 8.2.2. By Application
- 8.2.3. By End User
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Cancer Biologics Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Product
    - 8.3.1.2.2. By Application
    - 8.3.1.2.3. By End User
- 8.3.2. India Cancer Biologics Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Product
    - 8.3.2.2.2. By Application
    - 8.3.2.2.3. By End User
- 8.3.3. Japan Cancer Biologics Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Product
    - 8.3.3.2.2. By Application
    - 8.3.3.2.3. By End User
- 8.3.4. South Korea Cancer Biologics Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Product
    - 8.3.4.2.2. By Application
    - 8.3.4.2.3. By End User
- 8.3.5. Australia Cancer Biologics Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Product
    - 8.3.5.2.2. By Application
    - 8.3.5.2.3. By End User

9. Middle East & Africa Cancer Biologics Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Product
- 9.2.2. By Application
- 9.2.3. By End User
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Cancer Biologics Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Product
    - 9.3.1.2.2. By Application
    - 9.3.1.2.3. By End User
- 9.3.2. UAE Cancer Biologics Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Product
    - 9.3.2.2.2. By Application
    - 9.3.2.2.3. By End User
- 9.3.3. South Africa Cancer Biologics Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Product
    - 9.3.3.2.2. By Application
    - 9.3.3.2.3. By End User

10. South America Cancer Biologics Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Product
- 10.2.2. By Application
- 10.2.3. By End User
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Cancer Biologics Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Product
    - 10.3.1.2.2. By Application
    - 10.3.1.2.3. By End User
- 10.3.2. Colombia Cancer Biologics Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Product
    - 10.3.2.2.2. By Application
    - 10.3.2.2.3. By End User
- 10.3.3. Argentina Cancer Biologics Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Product
    - 10.3.3.2.2. By Application
    - 10.3.3.2.3. By End User

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Cancer Biologics Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Roche Holding AG
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Novartis AG
15.3. Merck & Co., Inc.
15.4. Bristol-Myers Squibb Company
15.5. Amgen Inc.
15.6. Johnson & Johnson
15.7. Pfizer Inc.
15.8. AstraZeneca plc
15.9. Eli Lilly and Company
15.10. AbbVie Inc