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The Global Biopharmaceuticals Market is Projected to Grow by 8.7% Through to 2025 and Reach $446 Billion

DUBLIN–(BUSINESS WIRE)–The “Biopharmaceuticals – A Global Market Overview” report has been added to ResearchAndMarkets.com’s offering.

The biopharmaceuticals market is driven by various factors, such as an increase in the elderly population, a surge in the prevalence of chronic diseases like cancer, HIV/AIDS and diabetes, and an increase in the adoption of biopharmaceuticals globally. Biopharmaceuticals offer several benefits including highly effective and potent action, fewer side effects, and the potential to actually cure diseases rather than merely treat the symptoms, which have significantly increased the demand for biopharmaceutical products. The market growth is attributed to the growing acceptance for biopharmaceuticals due to their ability to treat previously untreatable diseases, resulting in huge market demand for biopharmaceuticals.

Global demand for Biopharmaceuticals by product is led by Monoclonal Antibodies (moAb), estimated at US$82.3 billion (33.2% share) in 2018, and is also projected to witness the fastest CAGR of 10.8% between 2018 and 2025. The global market for biopharmaceuticals in 2019 is expected to reach US$269.3 billion.

Research Findings & Coverage

Product Outline

The report analyzes the market for the product types of Biopharmaceuticals including:

Application Areas of Biopharmaceuticals analyzed comprise the following:

Analysis Period, Units and Growth Rates

The report reviews, analyzes and projects the global Biopharmaceuticals market for the period 2016-2025 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2018 through 2025

Geographic Coverage

This 480 page global market report on Biopharmaceuticals includes 256 charts (includes a data table and graphical representation for each table), supported with a meaningful and easy to understand graphical presentation, of the market. The statistical tables represent the data for the global market by geographic region, product type and major application. This report includes the brief business profiles of 21 key global players and 58 major players across the North America – 25; Europe – 13; Asia-Pacific – 18; and Rest of World – 2. The report also provides the listing of the companies engaged in research & development, manufacturing and supply of Biopharmaceuticals. The global list of companies covers addresses, contact numbers and the website addresses of 843 companies.

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/w9oj89

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Related Topics: Biopharmaceuticals

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