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A recent report published by The Business Research Company on Biologics Market provides in-depth analysis of segments and sub-segments in the global as well as regional. https://bit.ly/2H6HntM
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Global Biologics Market Global Biologics Market (Covid Opportunities, Strategies And Forecast To 2023 Opportunities, Strategies And Forecast To 2023 (Covid- -19) 19) Analysis, Growth, Analysis, Growth, © The Business Research Company. All rights reserved. www.tbrc.info Email: info@tbrc.info
Market Characteristics Characteristics: : Biologics Biologics Market • The global biologics market is expected to decline from $269.2 billion in 2019 to $239.2 billion in 2020 at a compound annual growth rate (CAGR) of -11.2%. The decline is mainly due to the worldwide supply and demand failures of drugs due to the COVID-19 outbreak. Biologic drug shortages because of an inadequate production of biologics is hampering the market growth. The inadequate or slowed production is due to the restrictions imposed by governments of various countries to shutdown factories or function with minimal staffing to contain the spread of virus and keep the staff safe. The market is then expected to recover and grow at a CAGR of 15% from 2021 and reach $464.7 billion in 2023. • The report covers the Biologics market’s segments- 1) By Type: Monoclonal Antibodies (MAbs), Therapeutic Proteins, Vaccines. 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. Click Here To View Complete Report 2 © The Business Research Company. All rights reserved.
Major Key Players Major Key Players The major players in the global biologics market are Johnson & Johnson, F. Hoffmann-La Roche Ltd., Bristol-Myers Squibb, GlaxoSmithKline Plc., AbbVie TBRC’s Annual Festive Sale Is Finally Here! Get Up To 50% Off On All Reports 3 © The Business Research Company. All rights reserved.
Reasons to Purchase Reasons to Purchase • Gain a truly global perspective with the most comprehensive market research report available on this market covering 60+ geographies. • Understand how the market is being affected by the COVID-19 and how it is likely to emerge and grow as the impact of the coronavirus abates. • Create regional and country strategies on the basis of local data and analysis. • Identify growth segments for investment. • Outperform competitors using market forecast data and the market drivers and trends shaping the global market. • Understand customers based on the latest market research findings. • Benchmark performance against key competitors of the market. Click Here To Get A Sample Report 4 The Business Research Company. All rights reserved.
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