Biologics Global Market Report 2020-30: Covid 19 Impact And Recovery
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Biologics Market Characteristics: • The global biologics market is expected to decline from $269.2 billion in 2019 to $239.2 billion in 2020 at a compound annual growth rate (CAGR) of -11.2%. The decline is mainly due to the worldwide supply and demand failures of drugs due to the COVID-19 outbreak. The biologic drug shortages because of an inadequate production of biologics is hampering the market growth. The inadequate or slowed production is due to the restrictions imposed by governments of various countries to shutdown factories or function with minimal staffing to contain the spread of virus and keep the staff safe. The market is then expected to recover and grow at a CAGR of 15% from 2021 and reach $464.7 billion in 2023. • The report covers the biologics market’s segments1) By Type, Monoclonal Antibodies (MAbS), Therapeutic Proteins, Vaccines 2) By Distribution Channel, Hospital Pharmacies, Retail Pharmacies/ Drug Stores, Others 3) By Route Of Administration, Oral, Parenteral, Others 4) By Drug Classification, Branded Drugs, Generic Drugs 5) By Mode Of Purchase, Prescription-Based Drugs, Over-The-Counter Drugs.
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Major Key Players: Johnson & Johnson, F. Hoffmann-La Roche Ltd., Bristol-Myers Squibb, GlaxoSmithKline Plc., AbbVie
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Table Of Content 1. Executive Summary 2. Report Structure 3. Biologics Market Characteristics
4. Biologics Market Product Analysis 5. Biologics Market Supply Chain ‌‌
21. Key Mergers And Acquisitions In The Biologics Market 22. Market Background: Pharmaceuticals Market 23. Recommendations
24. Appendix 25. Copyright And Disclaimer
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