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Global Bio Pharmaceuticals Market

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The Global Bio Pharmaceuticals market was worth $161.4 billion in 2016 and estimated to be growing at a CAGR of 9.2%, to reach $250.62 billion by 2021.
Bio Pharmaceuticals are drugs obtained from genetically modified sources through biotechnology
methods such as hybridoma techniques, recombinant DNA techniques and purification process. These
drugs are used in treatment of various diseases like cancer, metabolic, neurological, cardiovascular and
other rare type of diseases. Bio pharmaceuticals have enhanced the quality of life of patients and
improved the quality of healthcare.
Browse market data tables and in-depth TOC of the Bio Pharmaceuticals Industry to 2021 @
http://www.marketdataforecast.com/market-reports/global-bio-pharmaceuticals-market-633/
Rising geriatric population which is prone to neurodegenerative and auto immune disorders provide a
strong business base for the manufacturers. There is a huge demand for biopharmaceuticals due to
increasing incidence of chronic diseases whose treatment is made possible with the use of these drugs.
Side effects associated with the over consumption of drugs and high cost involved in manufacturing are
few restraints for the market.
The global bio pharmaceuticals market is segmented on the basis of products into Monoclonal
Antibodies (mAb), Erythropoietin, Biotech Vaccines, Recombinant Human (RH) Insulin, Granulocyte
colony-stimulating factor (G-CSF), Interferon and Human growth hormones (HGH). Monoclonal
antibodies segment holds the highest number of shares in the product sector. Based on therapeutics,
the market is bifurcated into Neurology, Infectious diseases, Diabetes, Oncology, Cardiovascular and
other therapeutic areas. In terms of therapeutic application, oncology is the largest segment in the
biopharmaceuticals market.
Based on geography the market is analysed under various regions namely, North America, Latin
America, Europe, Asia-Pacific and Middle-East & Africa. North America is the largest market for bio
pharmaceuticals. Technological advancement in the region is propelling the dominance of the region.
Asia-Pacific is forecasted to develop as the fastest growing region for biopharmaceuticals market in the
forecast period. Increasing awareness regarding biologic drugs is driving the market in the region.
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Merck & Co., Inc., F. Hoffmann-La Roche AG, Eli Lilly and Company, Inc., Sanofi, Amgen Inc., AbbVie Inc.,
Biogen Idec, Bayer AG, Johnson & Johnson Services, Pfizer, Inc., and Novartis AG are some of the leading
players in the market for biopharmaceuticals.
Market Segmentation
1) By Product Type
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Monoclonal Antibodies (mAb)
Erythropoietin
Biotech Vaccines
Recombinant Human (RH) Insulin
Granulocyte colony-stimulating factor (G-CSF)
Interferon
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Human growth hormones (HGH)
2) By Therapeutic Type
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Neurology
Infectious diseases
Diabetes
Oncology
Cardiovascular
Other Therapeutic Areas
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Reasons to buy Global Bio Pharmaceuticals Market Research Report:
•
Regional and country-level analysis and forecasts of the study market; providing Insights on the
major countries/regions in which this industry is blooming and to also identify the regions that
are still untapped
•
Segment-level analysis in terms of technology, component, and type along with market size
forecasts and estimations to detect key areas of industry growth in detail
•
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and
their impact on shifting market dynamics
•
Study of the effect of exogenous and endogenous factors that affect the global market; which
includes broadly demographic, economics, and political, among other macro-environmental
factors presented in an extensive PESTLE Analysis
•
Study the micro environment factors that determine the overall profitability of an Industry,
using Porter’s five forces analysis for analyzing the level of competition and business strategy
development
•
A comprehensive list of key market players along with their product portfolio, current strategic
interests, key financial information, legal issues, SWOT analysis and analyst overview to study
and sustain the market environment
•
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field
along with new product launches, comparative financial studies and recent developments in the
market by the major companies
•
An executive summary, abridging the entire report in such a way that decision-making
personnel can rapidly become acquainted with background information, concise analysis and
main conclusions
•
Expertly devised analyst overview along with Investment opportunities to provide both
individuals and organizations a strong financial foothold in the market
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Bhargav
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