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Latin America Biologics Market Analysis Report – Segmented By Source, Product, Biologics Manufacturing Type, Disease Category and Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) – Industry Size, Share, Trends, Growth & Forecast (2022 to 2027)

Published: January, 2022
ID: 11407
Pages: 100

Latin America Biologics Market Size (2022 to 2027)

The size of the Latin America Biologics market is estimated to be growing at a healthy CAGR during the forecast period.

Biologics are drugs that are processed through biological processes and can be tailored to target a specific area of ​​the human body.

MARKET DRIVERS:

The rising incidence of chronic diseases in Latin American countries, the growing number of COVID-19 cases, and the rising demand for biologics are majorly promoting the growth rate of the Latin American biologics market.

The Latin American biologics market is further expected to be driven by such factors as increased capital investment by major market players coupled with increased support and initiatives from governments of various countries around the world for the development and implementation of biologics, the increase in the prevalence of chronic diseases and the growth in demand and preference for innovative drugs.

Several new biotechnology companies receive funding from government agencies. Many companies are investing heavily in the development of organic products. Currently, more than half of the drug candidates at the discovery stage are biologics, such as proteins, peptides, and monoclonal antibodies. Biologics are expected to contribute about half of the revenue generated by the top 100 pharmaceuticals in the coming years. Emerging markets also offer room for innovation. Biopharmaceutical and biotechnology companies in these emerging markets are investing heavily in research to develop innovative molecules. The growing demand for corrective treatments for fatal diseases, such as cancer and diabetes, highlights the need for drug research and development. Hence, the demand for biosafety test kits for effective testing and quality control.

Additionally, factors such as the growing cancer burden, the rigorous efforts of key market players to develop novel biologic therapeutics, and growing investments for the R&D activities are expected to favor the market to grow further. Growth in the incidence of obesity and higher acceptability for the new biological therapies are factors that help the growth rate of the market climb further. The rising adoption of inactive lifestyle changes, increasing middle-class population, and rapid urbanization are expected to provide room for the market to grow.

However, strict regulatory policies and heavy investments required for R&D are a few factors limiting the biologics market growth in this region. The biologics drugs are highly complicated and need to maintain and control throughout the development and production procedures; this concerned factor is expected to impede the market growth. Lack of awareness on biologics among physicians and specialists will inhibit the market growth to a small extent.

The management of the global life cycle of biologics, including biologic therapies and vaccines, is complex, and there is a lack of harmonization/alignment between drug regulatory agencies globally. Not only do regulations for post-approval changes vary globally, but the time it takes for the drug regulatory agency to review and approve changes also differs from country to country. This creates challenges for the regulated biopharmaceutical industry, as change cannot be implemented globally. This results in complexity for the manufacturer and the coexistence of "variants" of the product on the market. More importantly, this complexity translates into delayed access to innovation, increased drug costs, and, ultimately, supply constraints.

Impact of COVID-19 on the Latin American Biologics Market:

The World Health Organization (WHO) has officially declared the COVID-19 outbreak a pandemic. A combination of established pharmaceutical and biopharmaceutical companies, as well as players in the biologics safety testing market, have stepped forward to contribute to research efforts around the world by providing biologics to develop safety testing kits and tests, trails for the manufacture of treatments and vaccines that target infection caused by the novel coronavirus.

The various initiatives of these market players and the use of a wide range of biological products and services in COVID-19 research have helped researchers better understand the coronavirus. Therefore, COVID-19 has had a positive impact on the biologics market to some extent; as vaccine manufacturing is expected to increase due to COVID-19, bacterial safety testing will measure quality assurance important to ensure patient safety.

This research report on the Latin America Biologics market has been segmented & sub-segmented into the following categories.

By Source:  

  • Microbial
  • Mammalian
  • Others

By Product:

  • Monoclonal Antibodies
  • Vaccines
  • Recombinant Proteins
  • Antisense, RNAi, & Molecular Therapy
  • Others

By Biologics Manufacturing:

  • Outsourced
  • In-house

By Disease Category:

  • Oncology
  • Infectious Diseases
  • Immunological Disorders
  • Cardiovascular Disorders
  • Hematological Disorders
  • Others

By Country:

  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Rest of Latin America

Geographically, the biologics market in Latin America is fragmented, and only the largest countries, such as Argentina and Brazil, are attractive to international suppliers of organic products. Therefore, these leading countries are leading the manufacturing and marketing in the region.

Businesses have been drawn to the promise of expanding local economies in the first decade of this century, a skilled and cheap workforce, the rise of generics, strong coverage government regulation of drugs, and weak patent control (now in a more sophisticated and regularized era). But the strong local pharmaceutical industry has had to contend with large multinationals for many years, and in many cases, local companies have formed regional business groups. Local businesses, which historically only served markets in their home country, have consolidated and expanded to other Latin American countries.

Booming organic products industry in Latin America, with its own research, development, production, and marketing capabilities. The top three biologics-producing countries in Latin America are Argentina, Brazil, and Mexico. Due to its population and the size of the market, Brazil leads the biologics process.

KEY MARKET PLAYERS:

Gilead Science, AbbVie, Merck & Co, Novo Nordisk, Biogen, Pfizer, CSL, Shire, Johnson & Johnson, Allergan Plc., Samsung biologics, Medly, and Astellas Pharma Inc. are some of the companies playing a crucial role in Latin America biologics market.

Introduction

  1. Market Definition
  2. Study Deliverables
  3. Base Currency, Base Year and Forecast Periods
  4. General Study Assumptions
  5. Research Methodology
    1. Introduction
    2. Research Phases
        1. Secondary Research
        2. Primary Research
        3. Econometric Modelling
        4. Expert Validation
    3. Analysis Design
    4. Study Timeline
  6. Overview
    1. Executive Summary
    2. Key Inferences
    3. New Developments
  7. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
    1. Market Drivers
    2. Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Market
  8. Market Segmentation
    1. By Source
      1. Microbial
      2. Mammalian
      3. Others
    2. By Product
      1. Monoclonal Antibodies
      2. Vaccines
      3. Recombinant Proteins
      4. Antisense, RNAi, & Molecular Therapy
      5. Others
    3. By Biologics Manufacturing
      1. Outsourced
      2. In-house
    4. By Disease Category
      1. Oncology
      2. Infectious Diseases
      3. Immunological Disorders
      4. Cardiovascular Disorders
      5. Hematological Disorders
      6. Others
  9. Geographical Analysis
    1. Introduction    
      1. Regional Trends   
      2. Impact Analysis    
      3. Y-o-Y Growth Analysis        
        1. By Geographical Area
        2. By Product
        3. By Technology
        4. By Application
        5. By End-User
      4. Market Attractiveness Analysis      
        1. By Geographical Area
        2. By Product
        3. By Technology
        4. By Application
        5. By End-User
      5.      Market Share Analysis   
        1. By Geographical Area
        2. By Product
        3. By Technology
        4. By Application
        5. By End-User
    2. Latin America
      1. Introduction
      2. Brazil
      3. Argentina
      4. Mexico
      5. Rest of Latin America
  10. Strategic Analysis
    1. PESTLE analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental
    2. Porter’s Five analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Competitive Rivalry within the Industry
  11. Market Leaders' Analysis
    1. Johnson & Johnson (J&J)
      1. Overview
      2. Product Analysis
      3. Strategic Evaluation and Operations
      4. Financial analysis
      5. Legal issues
      6. Recent Developments
      7. SWOT analysis
      8. Analyst View
    2. F Hoffmann-La Roche
    3. Bristol-Myers Squibb
    4. GlaxoSmithKline
    5. AbbVie
    6. Amgen
    7. Sanofi
    8. Eli Lilly and Company
    9. Merck & Co.
    10. Pfizer
  12. Competitive Landscape
    1. Market share analysis
    2. Merger and Acquisition Analysis
    3. Agreements, Collaborations and Joint Ventures
    4. New Product Launches
  13. Market Outlook and Investment Opportunities
  14. Appendix
    1. List of Tables
    2. List of Figures  
  1. Latin America Biologics Market, By Source, From 2022 - 2027 (USD Billion)
  2. Latin America Microbial Market, By Region, From 2022 - 2027 (USD Billion)
  3. Latin America Mammalian Market, By Region, From 2022 - 2027 (USD Billion)
  4. Latin America Others Market, By Region, From 2022 - 2027 (USD Billion)
  5. Latin America Biologics Market, By Product, From 2022 - 2027 (USD Billion)
  6. Latin America Monoclonal Antibodies Market, By Region, From 2022 - 2027 (USD Billion)
  7. Latin America Vaccines Market, By Region, From 2022 - 2027 (USD Billion)
  8. Latin America Recombinant Proteins Market, By Region, From 2022 - 2027 (USD Billion)
  9. Latin America Antisense, RNAi, & Molecular Therapy Market, By Region, From 2022 - 2027 (USD Billion)
  10. Latin America Others Market, By Region, From 2022 - 2027 (USD Billion)
  11. Latin America Biologics Market, By Biologics Manufacturing, From 2022 - 2027 (USD Billion)
  12. Latin America Outsourced Market, By Region, From 2022 - 2027 (USD Billion)
  13. Latin America In-house Market, By Region, From 2022 - 2027 (USD Billion)
  14. Latin America Biologics Market, By Disease Category, From 2022 - 2027 (USD Billion)
  15. Latin America Oncology Market, By Region, From 2022 - 2027 (USD Billion)
  16. Latin America Infectious Diseases Market, By Region, From 2022 - 2027 (USD Billion)
  17. Latin America Immunological Disorders Market, By Region, From 2022 - 2027 (USD Billion)
  18. Latin America Cardiovascular Disorders Market, By Region, From 2022 - 2027 (USD Billion)
  19. Latin America Haematological Disorders Market, By Region, From 2022 - 2027 (USD Billion)
  20. Latin America Others Market, By Region, From 2022 - 2027 (USD Billion)
  21. Brazil Biologics Market, By Source, From 2022 - 2027 (USD Billion)
  22. Brazil Biologics Market, By Product, From 2022 - 2027 (USD Billion)
  23. Brazil Biologics Market, By Biologics Manufacturing, From 2022 - 2027 (USD Billion)
  24. Brazil Biologics Market, By Disease Category, From 2022 - 2027 (USD Billion)
  25. Argentina Biologics Market, By Source, From 2022 - 2027 (USD Billion)
  26. Argentina Biologics Market, By Product, From 2022 - 2027 (USD Billion)
  27. Argentina Biologics Market, By Biologics Manufacturing, From 2022 - 2027 (USD Billion)
  28. Argentina Biologics Market, By Disease Category, From 2022 - 2027 (USD Billion)
  29. Mexico Biologics Market, By Source, From 2022 - 2027 (USD Billion)
  30. Mexico Biologics Market, By Product, From 2022 - 2027 (USD Billion)
  31. Mexico Biologics Market, By Biologics Manufacturing, From 2022 - 2027 (USD Billion)
  32. Mexico Biologics Market, By Disease Category, From 2022 - 2027 (USD Billion)
  33. Rest of Latin America Biologics Market, By Source, From 2022 - 2027 (USD Billion)
  34. Rest of Latin America Biologics Market, By Product, From 2022 - 2027 (USD Billion)
  35. Rest of Latin America Biologics Market, By Biologics Manufacturing, From 2022 - 2027 (USD Billion)
  36. Rest of Latin America Biologics Market, By Disease Category, From 2022 - 2027 (USD Billion)

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