The size of the Biopharmaceuticals market in the Asia Pacific was worth USD 36.57 billion in 2019 and estimated to be growing at a CAGR of 10.05%, to reach USD 59.03 billion by 2024.
The Asia Pacific is the third-largest pharmaceutical market in the world after North America and Europe. The major driver for the pharmaceutical industry in this region is generics, aided by factors such as the aging population and impending expiry of patented drugs.
Biopharmaceuticals are medical drugs that can either be produced by biotechnological techniques like recombinant DNA technology or from transgenic plants and animals that are genetically modified. Various diseases such as cancer, diabetes, rheumatoid arthritis, cardiovascular diseases, and chronic renal failure are being treated by biopharmaceutical drugs which were non-curable with earlier molecular drugs.
Major factors such as technological advancements in biopharmaceuticals, increasing geriatric population, increasing research and development investment and rising incidences of chronic diseases are propelling the market growth. In addition, the ability of biopharmaceuticals to approach a specific target with high efficiency helps in the treatment of various chronic diseases and disorders.
However, the risk of side-effects and the high cost of biopharmaceuticals are restraining the growth of the market.
This research report segmented and sub-segmented into the following categories:
Regionally, China leads the market in this region due to the highest population.
Companies leading the APAC Biopharmaceuticals market are Merck & Co., Inc., F. Hoffmann-La Roche AG, Eli Lilly and Company, Inc., Sanofi, Amgen Inc., AbbVie Inc., Biogen Idec, Bayer AG, Johnson & Johnson Services, Pfizer, Inc. and Novartis AG
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Product Type
5.1.1 Monoclonal Antibodies (mAb)
5.1.2 Erythropoietin
5.1.3 Biotech Vaccines
5.1.4 Recombinant Human (RH) Insulin
5.1.5 Granulocyte colony-stimulating factor (G-CSF)
5.1.6 Interferon
5.1.7 Human growth hormones (HGH)
5.2 By Therapeutic Type
5.2.1 Neurology
5.2.2 Infectious diseases
5.2.3 Diabetes
5.2.4 Oncology
5.2.5 Cardiovascular
5.2.6 Other Therapeutic Areas
6. Geographical Analysis
6.3 Asia-Pacific
6.1 Introduction
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Merck & Co.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 F. Hoffmann-La Roche AG
8.3 Eli Lilly and Company
8.4 Sanofi
8.5 Amgen Inc.
8.6 AbbVie Inc.
8.7 Biogen Idec
8.8 Bayer AG
8.9 Johnson & Johnson Services
8.10 Pfizer
8.11 Novartis AG
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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