Biologics Outsourcing Market Scope
Biologics outsourcing are therapeutic entities composed of proteins, sugars or nucleic acids made from natural sources such as micro-organisms, human, and animal. Biologics can also include live attenuated microorganisms, allergenic extracts, human cells, and tissue transplantation, gene therapies, and cell therapies. Small molecule drugs, these drugs are intended for the treatment of diseases and medical conditions. This is projected the growth of the biologics market in the market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Boehringer Ingelheim (Germany), Catalent, Inc. (United States), Genscript Biotech (United States), Innovent Biologics, Inc. (China), Shanghai Medicilon inc. (united States), GL Biochem Corporation (China), Horizon Discovery Group plc (United Kingdom), Selexis (Switzerland), Lonza Group (Switzerland) and Abzena plc (United Kigdom) |
CAGR | % |
The Players having a strong hold in the market are Boehringer Ingelheim, Catalent, Inc., Genscript Biotech, and Innovent Biologics, Inc.. Research Analyst at AMA estimates that United States and European Players will contribute to the maximum growth of Global Biologics Outsourcing market throughout the predicted period.
Boehringer Ingelheim (Germany), Catalent, Inc. (United States), Genscript Biotech (United States), Innovent Biologics, Inc. (China), Shanghai Medicilon inc. (united States), GL Biochem Corporation (China), Horizon Discovery Group plc (United Kingdom), Selexis (Switzerland), Lonza Group (Switzerland) and Abzena plc (United Kigdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are GVK Biosciences Private Limited (India) and Syngene International Limited (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Biologics Outsourcing market by Type , by Application (Vaccine & Therapeutics Development, Blood & Blood Related Products Testing, Cellular and Gene Therapy, Tissue and Tissue Related Products Testing, Stem Cell Research and Other) and Region with country level break-up.
On the basis of geography, the market of Biologics Outsourcing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
On 3, September 2019, Evonik has announced that the company has acquired the Endexo surface modification business from Interface Biologics.
Influencing Trend:
Growing Contract Manufacturing in Developing Economies
Market Growth Drivers:
Rising Manufacturing Efficiency and Productivity in Developing Economies and Increasing Monitoring and Process Control
Opportunities:
Industry Growth Demand for Efficiency International Biomfg Centers is Creates the Opportunites for Market and Rising Investments in the Research & Development of Biologics are Significantly Propelling Growth of the Market
Key Target Audience
Biologics Outsourcing Providers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other