Biologics Market Growth Trends, Volume Insights and Outlook 2030

Future of Biologics Market: Key Dynamics, Size & Share Analysis

The Global Biologics Market size was valued at USD 412 Billion in 2024 and is projected to reach USD 612 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.25% during the forecast period, i.e., 2025-2030. The surging expenditures in healthcare, a hike in the sedentary lifestyles of individuals, and the rising number of chronic disease patients are some of the highlighting aspects promoting the industry growth. Other factors driving the demand for biologics across the global scale include enhanced usage of monoclonal antibodies for disease treatment, innovation & advancement in the healthcare & biotechnology sectors, and to cure diseases, including anemia, rheumatoid arthritis, osteoporosis, Alzheimer's, etc.

Top Challenges Impacting the Biologics Market Growth

Enhanced Cost for Accessing Biologics Source to Hinder Industry Expansion – The ever-increasing cost expenses tied to acquiring biologics sources have been presenting a multifaceted challenge to healthcare ecosystems & pharmaceutical enterprises. The complex and costly nature of biologics has been compounded by regulatory frameworks like the FDA & EMA, enabling strict criteria for the approval & commercialization of biologic products. These criteria encompass thorough testing and documentation to prove their effectiveness, safety, and quality.

Understanding the Core Segments in the Biologics Market

Biologics Market Size, Share & Industry Trends Analysis- By Therapeutic Application (Oncology, Infectious Disease, Autoimmune Disease, Diabetes, Cardiovascular Diseases, Others (Inflammatory Bowel Diseases, Respiratory Disorders, Ophthalmic Disorders, etc.)), By Drug Class (Recombinant Proteins, [Hormones, Cytokines], Monoclonal Antibodies, Blood & Blood Components, Cellular & Gene Therapy, Vaccines, Others), By Source (Microbes, Humans, Others (Rodents, Plants, etc.)), Others.

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Geographical Analysis of the Biologics Market

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

North America held the major share of the Global Biologics Market. The dominance of North America has been attributed to its sturdy healthcare infrastructure & great investments in biopharmaceutical studies.

Who Dominates the Biologics Market Insights on Key Industry Players?

Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.d

Bristol-Myers Squibb
Pfizer
Sanofi
Janssen Biotech, Inc.
Bayer AG
Merck & Co.
Amgen Inc.
Abbott GmbH
Novartis
AstraZeneca Plc
GlaxoSmithKline Biologicals
Moderna, Inc.
Ferring Pharmaceuticals Inc.
Aimmune Therapeutics, Inc.
F. Hoffman La Roche and others.

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