Biologics Outsourcing Market is Expected to Grow at CAGR of 6% between (2022–2028) - Douglas Insights
Some of the leading players in the market are Lonza Group AG, Wuxi Biologics (Cayman) Inc., Boehringer Ingelheim International GmbH, Samsung Biologics Co. Ltd..
DOUGLAS, ISLE OF MAN, January 11, 2023 /EINPresswire.com/ -- Biologics Outsourcing Market Value and CAGR
The global biologics outsourcing market is expected to grow at a CAGR of 6% during the forecast period 2022-2028. The increasing demand for biologics across the globe is fuelling the growth of the biologics outsourcing market.
Asia Pacific is expected to be the largest regional segment of the biologics outsourcing market in 2021, followed by North America and Europe. The Asia Pacific region is expected to account for 36% of the total market value in 2021. This is due to growing awareness about healthcare issues across this region and increasing investment in R&D activities by various companies.
The key factors driving the growth of the biologics outsourcing market are increasing demand from emerging markets such as China and India, increase in research and development (R&D) investments, rising expenditure on pharma products, and growing adoption of innovative technologies such as artificial intelligence (AI). However, sluggishness in economies such as that of United States could hamper the growth of the global biologics outsourcing market during 2020-2025.
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Biologics Outsourcing Market Growth Drivers and Risks
The outsourcing of biotechnology and pharmaceutical services has grown in popularity since the last decade, and they are projected to grow. The new sectors within this industry, such as screening services, have seen rapid growth and many companies once considered essential in-house testing, such as animal toxicity testing, is now rare among outsourcing facilitators.
Over time, the growing cell banking business has enabled biotechnology and pharmaceutical services outsourcing companies to prosper. These advanced infrastructures are being used across a variety of applications, including diabetes and cancer treatment and cardiovascular disorders management. As a result, more new service outsourcing firms have been created in many different industries.
Biologics Outsourcing Market Keyplayers
Some of the leading players in the biologics outsourcing market are Lonza Group AG, Wuxi Biologics (Cayman) Inc., Boehringer Ingelheim International GmbH, Samsung Biologics Co. Ltd., Thermo Fisher Scientific Inc., Wuxi Biologics (Cayman) Inc., Genescript Biotech Corp., and others.
Biologics Outsourcing Market Segmentations
By Services
• Consulting
• Auditing and Assessment
• Regulatory Affairs
• Others
By Services Outsourcing
• Pharma
• Biotech
Table of Content:
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter’s Five Forces Analysis
7. Rules & Regulations
8. Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. Global Biologics Outsourcing Market: Key Investment Analysis
9.1. By Leading Biologics Companies
9.2. Technological Assessment
9.3. By Region
9.4. M&A Activities
10. Global Biologics Outsourcing Market: Service Cost Analysis
10.1. By Service Type
10.1.1. Antibody Production Service
10.1.2. Custom Monoclonal Antibody Production Service
10.1.3. Custom Polyclonal Antibody Production Service
10.1.4. Protein Production Service
10.1.5. Gene Editing Service
…….toc continued
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