Industry Background:
Biopharmaceuticals are produced through biotechnology methods involving recombinant DNA techniques, purification processes and hybridoma techniques. Biopharmaceutical production involves the use of biological sources, either live organisms or their active components. A continuous rise in the number of patients suffering from critical diseases, especially in developed countries and developing countries as well, are getting more oriented towards treatments
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | Pfizer Inc (United States), F. Hoffmann-La Roche AG (Switzerland), Johnson & Johnson Services (United States), Sanofi (France), Amgen (United States), AbbVie (United States), Merck & Co. Inc (United States), Biogen Idec (United States), Bayer AG (Germany), Eli Lilly and Company (United States), Novartis AG (Switzerland) and GlaxoSmithKline Plc (United Kingdom) |
According to AMA, the market for Bio-pharma is expected to register a CAGR of 10.1% during the forecast period to 2027. This growth is primarily driven by Increasing Acceptance for Bio-Pharmaceuticals and Significant Market Demand, The Surging Number of Chronic Diseases Patients and Geriatric Population and Rise of Antibiotic-Resistant Bacteria.
Globally, a noticeable market trend is evident Introduction of Innovative BioPharma Worldwide
Major Players, such as Pfizer Inc (United States), F. Hoffmann-La Roche AG (Switzerland), Johnson & Johnson Services (United States), Sanofi (France), Amgen (United States), AbbVie (United States), Merck & Co. Inc (United States), Biogen Idec (United States), Bayer AG (Germany), Eli Lilly and Company (United States), Novartis AG (Switzerland) and GlaxoSmithKline Plc (United Kingdom), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Influencing Trend:
Introduction of Innovative BioPharma Worldwide and The Growth of Outsourcing of Bio-Pharmaceutical Labeling and Packaging
Market Growth Drivers:
Increasing Acceptance for Bio-Pharmaceuticals and Significant Market Demand, The Surging Number of Chronic Diseases Patients and Geriatric Population and Rise of Antibiotic-Resistant Bacteria
Challenges:
High Cost, Complexity and Regulatory Scrutiny and Limited R&D Infrastructure in Developing Nations
Restraints:
Need for High-End Manufacturing Requirements and Lack of Proper Supply Chain, and Awareness Among Consumers of New Products
Opportunities:
Increased Demand for Temperature-Sensitive Pharmaceuticals and The Rapid Growth of BioPharm in Asia-Pacific Regions
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Bio-pharma Market
- Analysis about New Entrants in Bio-pharma Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Bio-pharma Study Sheds Light on
The Bio-pharma Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Bio-pharma industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Bio-pharma industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.