New York City, New York, July 22, 2015- According to a recent market study released by Persistence Market Research (PMR), titled “Global Market Study on Biopharmaceuticals: Asia to Witness Highest Growth by 2020”, the global biopharmaceuticals market is expected to reach US$278,232.9 million by 2020, increasing from US$161,851.6 million in 2014. This amounts to a 9.4% CAGR from 2014 to 2020.
The global biopharmaceuticals market was valued at $ 160,440.4 million in 2014, and it is expected to grow with a CAGR of 9.6% during the period 2015 - 2020. The global biopharmaceuticals market is increasing, due to growing aging population. In addition, the increasing healthcare investments around the world are propelling the increase in R&D investments, which is fuelling the growth of the global ... Read more
The demand for biopharmaceuticals products have grown considerably in the past few years, as biopharmaceuticals are structurally similar to human body components. This factor helps in treating cancer, diabetes, psoriaisis, rheumatoid arthritis, and other in a very effective manner. with the rising geriatric population and rising prevalence of these disease have boosted the demand in the global biopharmaceuticals market. ... Read more
The global biopharmaceuticals market is increasing, due to growing aging population. In addition, the increasing healthcare investments around the world are propelling the increase in R&D investments, which is fuelling the growth of the global biopharmaceuticals market. Furthermore, the increasing prevalence of chronic diseases due to unhealthy lifestyle, poor diet, excess alcohol consumption, and lack of physical activity is also ... Read more
According to MRFR analysis, Biopharmaceuticals Market is expected to register a CAGR of 8.99% during the forecast period of 2019 to 2025 and was valued at USD 238,192.7 million in 2018.
Biopharmaceuticals are also known as biological, medical products, or biologics, are pharmaceutical drugs manufactured, extracted, or synthesized using biological sources, such as bacteria, ... Read more
Biopharmaceuticals Market Research Report - Global Forecast till 2025 Highlights
According to MRFR analysis, Biopharmaceuticals Market is expected to register a CAGR of 8.99% during the forecast period of 2019 to 2025 and was valued at USD 238,192.7 million in 2018.
Biopharmaceuticals are also known as biological, ... Read more
Market Overview:
The global Biopharmaceuticals Market is estimated to be valued at US$ 371.26 Bn In 2022 and is expected to exhibit a CAGR of 7.4% over the forecast period of 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Biopharmaceuticals are drugs that are produced using biological processes involving living organisms. They offer numerous advantages over traditional pharmaceuticals, including improved efficacy ... Read more
Market Overview:
The global Biopharmaceuticals Market is estimated to be valued at US$ 371.26 Bn in 2022 and is expected to exhibit a CAGR of 7.4% over the forecast period of 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Biopharmaceuticals are drugs that are produced using biological processes involving living organisms. They offer numerous advantages over traditional pharmaceuticals, including improved efficacy ... Read more
Market Overview:
The biopharmaceuticals market comprises medicines produced using biotechnology methods like genetic engineering and includes vaccines, blood components, recombinant therapeutic proteins/antibodies, and monoclonal antibodies. Biopharmaceuticals are often used for treating serious medical conditions like cancer, autoimmune diseases, and other chronic disorders. These drugs provide targeted treatment options and have lesser side effects than traditional ... Read more
Biopharmaceuticals including monoclonal antibodies, vaccines, stem cell and gene therapy have significantly improved the treatment of various life-threatening diseases like cancer, infectious diseases and rare genetic disorders. These biologics are developed in living systems and are highly complex entities.
The global Biopharmaceuticals Market is estimated to be valued at US$ 397.24 Bn in 2023 and is expected to exhibit a CAGR of 9.4% over the forecast period 2023 ... Read more
Biopharmaceuticals comprise medical drugs produced using modern biotechnology methods and are used to treat various medical conditions like cancer, diabetes, infectious diseases, and others. They comprise antibodies, proteins, tissues, and vaccines that help in preventing or curing diseases by stimulating or suppressing the immune system. Biopharmaceuticals offer better efficacy and safety as compared to conventional drugs and are preferred for treatment in various therapeutic areas. ... Read more
