The global biopharmaceuticals market report, published by GMI Research, provides extensive insight and analysis of the global biopharmaceuticals market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the global biopharmaceuticals market. The research report also studies the competitive environment of the biopharmaceuticals market based on the company profiles and their efforts on increasing product value and production.
Leading Players in the Global Biopharmaceuticals Market
The notable players in the global biopharmaceuticals market include AbbVie Inc., Pfizer, Inc., Merck & Co., Inc., Johnson & Johnson, Sanofi, F. Hoffmann-La Roche, GlaxoSmithKline, Novartis AG, Eli Lilly and Company, and AstraZeneca PLC.
Key Drivers in the Global Biopharmaceuticals Market
The significant factors including the rising number of incidence of chronic diseases, increasing geriatric population, and growing R&D investments for formulation and development of biologics are boosting the growth of the biopharmaceutical market size over the forecasted period. Additionally, the increasing number of strategic collaborations between biopharmaceutical companies and Contract Research Organization & Contract Manufacturing Organization is further accelerating the demand of the market. Moreover, continuous technological advancement in biopharmaceutical manufacturing and expansion of biosimilar will further surge the demand of the biopharmaceutical market. On the other edge, the cost containment and stringent regulation will hamper the growth of the market during the forecast period.
Global Biopharmaceuticals Market by Product Type:
- Monoclonal antibody
- Growth factor
Global Biopharmaceuticals Market by Therapeutic Application:
- Blood disorder
- Metabolic disease
- Infectious disease
- Cardiovascular disease
- Neurological disease
Global Biopharmaceuticals Market by Region:
- North America
- United States of America
- Asia Pacific
- Rest of APAC
- United Kingdom
- Rest of Europe
- South Africa
- Saudi Arabia
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
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