Hyderabad, India, March 27, 2017 (GLOBE NEWSWIRE) -- The report “Biopharmaceutical Market: By Source (Unicellular & Multicellular Systems) By Products (Vaccines, Enzymes, Others) Manufacturing Process (Single & Multi Use Systems) Application (Oncology, Cardiology, Others) End Users (Hospitals, Others)-Forecast (2017-2022)”, published by IndustryARC, estimates that Asia-Pacific region will lead with improving quality of healthcare during the forecast period till 2022.
Browse numerous Market Tables and Figures spread through 78 Pages and an in-depth TOC on “Biopharmaceutical Market 2017-2022”
Scope & Regional Forecast of the Biopharmaceutical Market:
Biopharmaceuticals are large and complex products isolated from genetically modified living organisms. Biologics or biopharmaceuticals is one of the fastest growing sectors of pharmaceutical industries, owing to its innovative nature, greater safety and efficacy compared to traditional drugs. These drugs are produced from genetically modified source, comprising mainly of proteins and nucleic acids. Increase in regulatory approvals for biotechnology products is the major factor driving the market. Ageing population and increase in the number of diseases are driving the market growth. The reimbursement and pricing policies are the limiting the launch of high priced drugs posing challenge for the industry.
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The biopharmaceutical companies command high prices for innovative drugs due to their ability to address previous untreatable conditions. Major Biopharmaceutical companies are outsourcing the production of biopharmaceutical drugs in order to reduce investments. New product launches and mergers & acquisitions are the major strategies adopted by key players in the biopharmaceutical market.
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Prominent Segmentations Involved in the Biopharmaceutical Market:
The Biopharmaceutical Market can be broken down into various segmentations on the basis of –
- Source: Unicellular System (Bacteria, Yeast and Insect), Multicellular System (Transgenic Plant and Transgenic Animal)
- Product: Vaccines, Hormones, Enzymes, Blood, Blood Components, Monoclonal Antibodies, Growth Factors, Gene Therapies, Thrombolytic and Anticoagulants and Recombinant Therapeutic Protein.
- Manufacturing Process: Single-Use System and Multi-Use System.
- Application: Rheumatology, Oncology, Cardiology, Dermatology, Gastroenterology, Neurology and Others.
- End User: Biopharmaceutical Companies, Hospitals, Research Institutes, CROs and Diagnostic Labs.
- Geographic Location: Americas, Europe, Asia-Pacific and Rest of the world.
Some of the sample companies profiled in the Biopharmaceutical Market report are as follows:
- CSL Ltd.
- Oncolytics Biotech Inc.
- Quest Pharmatech Inc.
- Agenta Biotechnologies Inc.
- Genzyme Oncology, Inc.
- Amgen Inc.
- Novo Nordisk A/S
- Merck Serono S.A.
- Roche Holding AG
- Insys Therapeutics Inc.
Why buy this report?
- Get a detailed picture of the Biopharmaceutical Market.
- Pinpoint growth sectors and identify factors driving change.
- Understand the competitive environment, the market’s major players and leading brands.
- A five-year forecast method is used in order to assess how the market is predicted to develop.
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