Biologics Contract Development Market

Biologics Contract Development Market Size, Share, Growth Analysis, By Source(Microbial, Mammalian), By Product Service(Cell Line Development, Microbial), By Product(MABs, Recombinant proteins), By Indication(Oncology, Immunological disorders), By Region(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG35H2178 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Biologics Contract Development Market Insights

Market Overview:

In 2021, the global market for biologics contract development reached a valuation of USD 5.5 billion and is projected to witness steady growth with a compound annual growth rate (CAGR) of 10.5% during the forecast period. This growth can be attributed to factors such as the increasing demand for biologics, advancements in biopharmaceutical research and development, and the need for specialized expertise and infrastructure for biologics manufacturing. Biologics contract development organizations (CDOs) play a crucial role in providing comprehensive services for the development, manufacturing, and testing of biologic drugs, catering to the growing demand from pharmaceutical and biotechnology companies worldwide.

Biologics Contract Development Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Biotechnology by segment aggregation, the contribution of the Biotechnology in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Biologics Contract Development was estimated to be valued at US$ XX Mn in 2021.

The Biologics Contract Development Market is estimated to grow at a CAGR of XX% by 2028.

The Biologics Contract Development Market is segmented on the basis of Source, Product Service, Product, Indication, Region.

Based on region, the Biologics Contract Development Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Biologics Contract Development Market are WuXi Biologics, Abzena Ltd, Fujifilm Diosynth Biotechnologies, KBI Biopharma, AGC Biologics, Thermo Fisher Scientific Inc., Curia Global, Inc., Genscript, Bionova Scientific, Inc., BioXcellence (Boehringer Ingelheim Biopharmaceuticals GmbH), STC Biologics.

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Biologics Contract Development Market

Product ID: UCMIG35H2178

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