Biologic Therapeutics Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Technavio has been monitoring the biologic therapeutics market and it is expected to grow by $ 226.61 bn, accelerating at a CAGR of almost 11.00% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
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Biologic Therapeutics Market: Key Trends to impact market growth
The introduction of biosimilars is one of the key biologic therapeutics market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.
Biologic Therapeutics Market: Top Drivers to Boost Demand
Strong R&D pipeline is one of the primary factors driving the growth of the biologic therapeutics market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business
Vendor Analysis: AbbVie Inc., AstraZeneca Plc and Bristol-Myers Squibb Co. are key growth contributors
The market is concentrated. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AbbVie Inc., AstraZeneca Plc, Bristol-Myers Squibb Co., F. Hoffmann-La Roche Ltd., GlaxoSmithKline Plc, Johnson and Johnson Inc., Merck and Co. Inc., Novartis AG, Pfizer Inc., and Sanofi SA are some of the major market participants.
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Biologic Therapeutics Market: Key Highlights of the Report for 2021-2025
The report provides insights into the following FAQs: