Biologics Industry Analysis, Market Size, Share, Trends, Growth and Forecast 2022-2026
Posted by ramtbrc on November 16th, 2022
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The Biologics Global Market Report 2022-31 by The Business Research Company describes and explains the global biologics market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Biologics Global Market Opportunities And Strategies Report covers biologics market drivers, biologics market trends, biologics market segments, biologics market growth rate, biologics market major players, biologics market size and a special focus on identifying the trends, opportunities, and strategies that can lead to success.
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The Biologics Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies in detail. O&S reports are available off the shelf and can be delivered to clients on the day of purchase. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
View more on the Biologics Market Report:
A key biologics market trend:
Companies in the biologics market are generating high profit margins due to high prices of biologics and their effectiveness. According to Statista, the profit margin in Q2 2020 for a few of the US biologics companies are 99.22% for Bluebird Bio Inc., 88.83% for Biogen, 86.82% for Asterias Biotherapeutics, and 82.71% for Allergan. Biologics treatment being nearly 22 times costlier than small molecule, is expected to generate a higher profit margin of around 40% in the future. For instance, the Biologics segment of Biocon Limited, an India-based biopharmaceutical company, reported 29% profit margins in the third quarter of FY 2019-2020.
The report covers the biologics market segments:
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies/ Drug Stores, Others
3) By Route Of Administration: Oral, Parenteral, Others
4) By Drug Classification: Branded Drugs, Generic Drugs
5) By Mode Of Purchase: Prescription-Based Drugs, Over-The-Counter Drugs
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