Global Biologic Drugs Market Overview:
Biologic Drugs are also referred to as biopharmaceuticals or biologics. These are complex molecules manufactured in a living system such as plants, microorganisms, or animal cells. Biologics can be composed of sugars, proteins, or nucleic acids or complex combinations of these substances, or maybe living entities such as cells and tissues. They are produced by biotechnology methods and usually administered via injection or infusion. Since the manufacturing of biologics uses living cells, every batch of biologics has slight variations. Biologics represent the cutting-edge of biomedical research and, may be used to treat a variety of medical conditions for which no other treatments are available. Some of the players profiled in the study are Pfizer (United States), Roche Holding AG (Switzerland), Johnson & Johnson (United States), Sanofi (France), Merck & Co. (United States), Novartis (Switzerland), AbbVie Inc. (United States), Amgen (United States), Abbott Laboratories (United States) and Biogen (United States).
On the basis of geography, the market of Biologic Drugs 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).
Market Growth Drivers
- Increased Prevalence of Cancer and Diabetes Worldwide is Raising Demand for Biologics
- Improving Reimbursement Policies Is Further Fueling Demand
Restraints
- High Cost of Drugs Due To Complicated Manufacturing Procedures
- Stringent Government Regulations
Opportunities
- Rising Disposable Incomes and Improving Healthcare Facilities in Emerging Nations
Key Market Developments:
The Food and Drug Administration of the United States (FDA) has laid regulatory norms for biologics. Most biological products are regulated, or licensed for marketing via a biologics license application (BLA). To obtain licensure, the sponsor (generally the manufacturer) must demonstrate in the BLA that the biological product, and that the facility in which it is manufactured, processed, packed, or held, meet standards to assure that the product is safe, pure, and potent.
Target Audience:
Biologic Drugs Manufacturer, Biologic Drugs Raw Material Supplier, Biologic Drugs End-User, Healthcare Industry, Regulatory & Government Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Biologic Drugs market on the basis of product [Vaccines, Blood and Blood Components, Allergenics, Somatic Cells, Gene Therapy, Tissues and Recombinant Therapeutic Proteins] , application [Cancer, Rheumatoid Arthritis, Diabetes, Crohn’s Disease, Multiple Sclerosis (MS), Allergic asthma, Infertility and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Biologic Drugs market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Biologic Drugs industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Eli Lilly and Company (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Biologic Drugs market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.