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Biologics Drug Development Market Analysis & Forecast, 2018-2027

Biologics are defined as pharmaceutical products obtained from living cells or microorganisms which are not easily characterized and are susceptible to environmental conditions. Every pharmaceutical product consists of an Active Pharmaceutical Ingredient or API responsible for the therapeutic activity. Based on their chemical origin, API can be categorized into chemicals and biologics. In the recent years, an inclination toward the rising commercialization and adoption of biologics products has been witnessed in the healthcare industry. The primary reason being the advantages offered by biologics such as absence of innovator small molecule drugs, better interaction with the target, better efficacy, and high specificity toward targets.

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The global biologics drug development research study is based on extensive primary interviews (in-house experts, industry leaders, and market players) and secondary research (a host of paid and unpaid databases), along with the analytical tools that have been used to build the forecast and the predictive models. The report covers the market dynamics including the factors affecting the growth of the market, challenges faced by the key players of the industry, competitive landscape, and industry insights. It also includes different types of biologics that are emerging in this field such as monoclonal antibodies, vaccines, hormones, and enzymes, among others. The market has been segmented based on class, facility, service, and geography. Each segment is sub segmented and provides data for market revenue from 2017-2027. It also covers the profiles of key players in the market.

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The report provides answers for the following question:

• What is the global biologics market size in terms of revenue?

• What is the market share of the different segments and sub-segments of the global biologics drug development market in 2018, and what will be the shares in 2027?

• What are the key developmental strategies implemented by key players to stand out in the market?

• What are the different classes of biologics and services involved in biologics drug development? Which type of facility (in-house, out-house or pharma excess) will dominate the global market during the forecast period?

Global Biologics Market -Analysis and Forecast (2017-2025)

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