Biopharmacy Market Anticipates Outstanding CAGR of 10.7% by 2029
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Biopharmacy Market is expected to gain market growth in the forecast period of 2022-2029. Data Bridge Market Research analyses the market to account a CAGR of 10.7% in the above mentioned forecast period.
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The Biopharmacy market report is the result of continuous efforts led by knowledgeable forecasters, innovative analysts, and brilliant researchers. It provides businesses with specific and up-to-date information that offers insights into consumer types, consumer demands and preferences, product perspectives, buying intentions, responses to specific products, and varying tastes of consumers in the market. By offering a comprehensive overview of the market, the Biopharmacy report covers various aspects of market analysis, product definition, market segmentation, key developments, and the existing vendor landscape.
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Biomedicine or biopharmacy is the specialty that deals with drug-living-organ interactions. This mainly focused on the development and absorption of drugs and the study of their subsequent modifications.
The rising ageing population base worldwide and technological advancement and development in the healthcare industry are the major factor accelerating the growth of the biopharmacy market. Furthermore, rising adoption of biopharmaceutical drugs worldwide, less risk of side effects of biopharmaceuticals and ability of the biopharmaceuticals to treat different diseases are also expected to drive the growth of the biopharmacy market. However, stringent regulatory issues and the requirement of high investment in the development of a biopharmaceutical drug restrains the biopharmacy market, whereas, lack of proper reimbursement policies in the developing economies will challenge market growth.
The report outlines the involvement of key players, including:
AbbVie Inc., Amgen Inc., Bristol-Myers Squibb Company, Johnson & Johnson Services, Inc., Novartis AG, Novo Nordisk A/S, Pfizer Inc., GlaxoSmithKline plc., F. Hoffmann-La Roche Ltd., Merck Sharp & Dohme Corp, Teva Pharmaceutical Industries Ltd., Takeda Pharmaceutical Company Limited, Eli Lilly and Company., DAIICHI SANKYO COMPANY, LIMITED, Bristol-Myers Squibb Company, Abbott, Medtronic, BD, Cook and Boehringer Ingelheim International GmbH among others
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Key Market Segmentation
By Product Type (Monoclonal Antibodies, Recombinant Growth Factors, Purified Proteins, Recombinant Proteins, Recombinant Hormones, Vaccines, Synthetic Immunomodulators), Therapeutic Applications (Oncology, Inflammatory and Infectious Diseases, Autoimmune Disorders, Metabolic Disorders, Hormonal Disorders, Disease Prevention, Cardiovascular Diseases, Neurological Disorders, Other Diseases), Country (U.S., Canada, Mexico, Brazil, Argentina, Peru, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa)
The Biopharmacy market report includes the following countries in different regions:
North America: United States, Canada, and Mexico.
Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
South America: Brazil, Argentina, and other countries in South America.
These regions represent a comprehensive coverage of key markets, providing a global perspective on the market landscape.
North America dominates the biopharmacy market due to growing burden of chronic disease and increasing investments in research and development activities in the United States in this region. Asia-Pacific is expected to grow during the forecast period of 2022-2029 due to increasing diabetic and cancer cases and increasing healthcare expenditure in the region.
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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