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مشاهدة النسخة كاملة : Biopharmaceuticals Market Will Reach US$ 278.2 Billion by 2020, Globally: Persistence


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05-27-2015, 07:56 PM
Biopharmaceuticals Market Will Reach US$ 278.2 Billion by 2020, Globally: Persistence Market Research
According to a new market report published by Persistence Market Research “Global Market Study on Biopharmaceuticals: Asia to Witness Highest Growth by 2020”, the global biopharmaceuticals market (http://www.persistencemarketresearch.com/market-research/biopharmaceutical-market.asp) was valued at US$ 161,851.6 Mn in 2014 and is expected to grow at a CAGR of 9.4% from 2014 to 2020, to reach an estimated value of US$ 278,232.9 Mn by 2020.

Biopharmaceuticals are medicinal *****, produced by isolation of the medicinal products from biological sources such as from animals, plants, humans and microorganisms, using biotech**logical techniques such as recombinant DNA tech**logy. They can also be produced using transgenic organisms, particularly animals and plants that have been genetically engineered to produce *****. These ***** help in prevention and treatment of various diseases such as rheumatoid arthritis, psoriatic arthritis, psoriasis, cardiovascular disease, anemia arising from chemotherapy, chronic renal failure, cancer, and diabetes.

Globally, the biopharmaceuticals market is witnessing significant growth due to increasing prevalence of chronic diseases, rising aging population, tech**logical advancements in biopharmaceuticals, and increasing R&D investments. In addition, the capability of biopharmaceuticals to approach a particular target with high efficacy helps in the treatment of various chronic diseases and disorders. Biopharmaceuticals, such as mo**clonal antibodies, hormones, cytokines, clotting factors, cell therapies, antisense *****, recombinant insulin, and vaccines, have the potential to prevent, treat, and completely heal the diseases which are otherwise difficult to cure or have ** available treatment. This, in turn, fuels growth of the biopharmaceuticals market. However, factors such as high costs of biopharmaceuticals, the risk of side–effects, and availability of low-cost biosimilars are restraining the growth of the global market for biopharmaceuticals. The global biopharmaceuticals market was valued at US$ 161,851.6 Mn in 2014 and is expected to reach US$ 278,232.9 Mn by 2020 at a CAGR of 9.4% during the forecast period.

Browse the full report with TOC *http://www.persistencemarketresearch.com/market-research/biopharmaceutical-market.asp

**rth America is the largest market for biopharmaceuticals. This is due to tech**logical advancements in the region. The **rth America market for biopharmaceuticals was valued at US$ 64,681.3 Mn in 2014 and is expected to reach US$ 111,598.2 Mn by 2020 at a CAGR of 9.5% over the forecast period. In terms of type, mo**clonal antibodies are the fastest growing segment. In terms of therapeutic application, oncology is the largest segment in the biopharmaceuticals market. Biopharmaceuticals have wide applications in the pharmaceutical industry.

One of the latest trends in the global biopharmaceuticals market is that of outsourcing, where biopharmaceutical companies are dependent on contract manufacturing organizations to produce a biopharmaceutical drug substance, which helps reducing investments for a new product launch.

Pfizer, Inc., F. Hoffmann-La Roche AG, Johnson & Johnson Services, Inc., Sa**fi, Amgen Inc., AbbVie Inc., Merck & Co., Inc., Biogen Idec, Bayer AG, Eli Lilly and Company, and **vartis AG are leading players in the global biopharmaceuticals market. Some of the other players in the biopharmaceuticals market are GlaxoSmithKline Plc, Bristol-Myers Squibb Company, AstraZeneca PLC, and Abbott Laboratories.

The biopharmaceuticals market is segmented as follows:

By Type

Mo**clonal antibodies
Erythropoietin
Granulocyte-colony stimulating factor (G-CSF)
Purified proteins
Recombinant proteins
Recombinant human insulin
Growth hormones
Interferon
Vaccines
Others

By Therapeutic applications

Metabolic disorders
Oncology
Neurological disorders
Cardiovascular diseases
Inflammatory and infectious diseases
Others

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By Geography

**rth America

The U.S


Canada



Europe

The U.K.


Germany


France


Italy


Spain


Russia



Asia

Japan


China


India



Rest of the World

Brazil


Australia


PMR All Pharmaceuticals Market Research Reports:*
http://www.persistencemarketresearch.com/category/pharmaceuticals.asp

About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Tech**logy and Media, Energy and Mining, Food and *********, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and a high pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

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