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Biobetters Market Size, Share, Industry Trends and Forecast to 2030

Biobetters Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.


  • Published date -30th Jan 2024

  • Formats -PDF, CSV

  • Region -Global

1. What is the Market Size & CAGR of Biobetters market in 2021?

The global Biobetters market is estimated to be valued at USD 5.2 billion in 2021, with a Compound Annual Growth Rate (CAGR) of 6.8% from 2021 to 2028. The market is expected to reach USD 7.9 billion by the end of the forecast period.

2. COVID-19 Impact on the Biobetters Market

The COVID-19 pandemic has had a mixed impact on the Biobetters market. On one hand, the disruption in supply chains and manufacturing processes led to a temporary decrease in market growth. On the other hand, the increased focus on healthcare and the development of biologics during the pandemic has fueled the demand for Biobetters.

3. Biobetters Dynamics

Biobetters are an advanced form of biologics that offer improved efficacy, safety, and patient outcomes compared to traditional biologics. The market for Biobetters is driven by factors such as the growing prevalence of chronic diseases, increasing R&D investment in biopharmaceuticals, and the demand for personalized medicine.

4. Segments and Related Analysis

The Biobetters market can be segmented based on product type, application, and end-user. Product types include monoclonal antibodies, fusion proteins, and peptides. Applications include oncology, rheumatology, and neurology, among others. End-users include hospitals, clinics, and research institutes.

5. By Region Analysis

In terms of regional analysis, North America is expected to dominate the Biobetters market due to the presence of key market players, high healthcare expenditure, and advanced healthcare infrastructure. Europe and Asia Pacific are also anticipated to witness significant growth in the Biobetters market.

6. Key Market Players and Competitive Landscape

Key players in the Biobetters market include Amgen Inc., Roche Holding AG, Novartis International AG, Johnson & Johnson, and AbbVie Inc. These companies are focused on product development, strategic partnerships, and acquisitions to gain a competitive edge in the market.

7. Recent Happenings in the Biobetters Market

In recent years, there have been several developments in the Biobetters market. Companies have been investing in research and development to launch new and improved Biobetters. Regulatory approvals, partnerships with academic institutions, and advancements in biotechnology have also shaped the market landscape.

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