Biologic Therapy Market Booming: £332.8 Billion Industry Set for Growth

The global Biologic Therapy market is predicted to soar, reaching £511.1 billion by 2030. This impressive growth, anticipated to occur at a compound annual growth rate (CAGR) of 6.3%, is driven by several factors, including the increasing prevalence of chronic diseases and the development of new and innovative treatments. The impact of COVID-19 and the ongoing Russia-Ukraine conflict have been considered in these projections.

This comprehensive analysis of the Biologic Therapy market, compiled by Grand Research Store, delves into key market segments including:

Type: Monoclonal Antibodies, Vaccines, and Others

Application: Cancer, Infectious Diseases, Autoimmune Diseases, and Others

Sales Channel: Direct Channel and Distribution Channel

Region: North America (United States and Canada), Europe (Germany, UK, France, Italy, Spain, and Russia), Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia), South America (Brazil, Mexico, and Argentina), and Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa).

Key Players Leading the Market:

The Biologic Therapy market is dominated by several leading players, including:

AbbVie

Merck

Pfizer

Roche

Bristol-Myers Squibb

GlaxoSmithKline

Novartis

Johnson & Johnson

Amgen

Biogen

A Detailed Historical and Future Outlook:

This report provides a detailed historical analysis of the global Biologic Therapy market from 2018-2023, offering valuable insights into market trends and growth drivers. It further presents comprehensive market forecasts from 2024-2032, broken down by region/country and subsectors. The report covers key indicators such as sales/revenue/value, gross margin, historical growth, and future perspectives.

Customised Solutions for Specific Needs:

Grand Research Store offers a bespoke service, tailoring reports to meet specific client requirements. Whether you need in-depth analysis on a particular segment, regional breakdown, or competitive landscape, their team can create a customised report that meets your unique needs.

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This report provides a valuable resource for industry stakeholders, including investors, manufacturers, researchers, and government agencies, seeking to gain a comprehensive understanding of the Biologic Therapy market and its future prospects.