Market Overview:
United States biologics market size is projected to exhibit a growth rate (CAGR) of 7.12% during 2024-2032. The introduction of novel therapeutic solutions that contributes to the evolution of modern healthcare practices in the country is primarily driving the market growth.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
7.12% |
Biologics are intricate molecules obtained from living cells, utilized for the diagnosis, treatment, and prevention of diseases. Distinguished from small-molecule drugs not only by their size but also by the complexity of their structure, these molecules exhibit a high level of specificity. Tailored to interact with distinct components in the human body, such as cells and proteins, biologics possess the unique capability to precisely target disease pathways. This specificity enhances their potential for efficacy while concurrently minimizing side effects. The mode of action typically involves the modulation of biological pathways, either by blocking or enhancing the activity of naturally occurring molecules. This modulation aims to restore physiological function or eliminate pathological agents, showcasing the distinctive therapeutic approach of biologics in comparison to traditional pharmaceuticals.
United States Biologics Market Trends:
The United States biologics market stands at the forefront of medical innovation, featuring complex molecules derived from living cells that play a pivotal role in diagnosing, treating, and preventing diseases. Distinguished by their intricate structures and larger size compared to small-molecule drugs, biologics exhibit a remarkable degree of specificity in targeting components within the human body, such as cells and proteins. Furthermore, this specificity translates into a higher potential for efficacy while minimizing adverse side effects, marking a paradigm shift in therapeutic approaches. Moreover, the U.S. biologics market encompasses a diverse array of products, including monoclonal antibodies, vaccines, and therapeutic proteins, contributing significantly to advancements in personalized medicine. This targeted approach enables the restoration of physiological functions or the elimination of pathological agents, which is positively influencing the regional market. Furthermore, the market's landscape is characterized by ongoing research and development, fostering a continuous stream of innovative biologics aimed at addressing various medical conditions. As the demand for personalized and precision medicine grows, the U.S. biologics market is poised for sustained expansion over the forecasted period.
United States Biologics Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on source, product, disease, and manufacturing.
Source Insights:
- Microbial
- Mammalian
- Others
The report has provided a detailed breakup and analysis of the market based on the source. This includes microbial, mammalian, and others.
Product Insights:
- Monoclonal Antibodies
- Vaccines
- Recombinant Proteins
- Antisense, RNAi and Molecular Therapy
- Others
A detailed breakup and analysis of the market based on the product have also been provided in the report. This includes monoclonal antibodies, vaccines, recombinant proteins, antisense, RNAi and molecular therapy, and others.
Disease Insights:
- Oncology
- Immunological Disorders
- Cardiovascular Disorders
- Hematological Disorders
- Others
The report has provided a detailed breakup and analysis of the market based on the disease. This includes oncology, immunological disorders, cardiovascular disorders, hematological disorders, and others.
Manufacturing Insights:
A detailed breakup and analysis of the market based on the manufacturing have also been provided in the report. This includes outsourced and in-house.
Regional Insights:
- Northeast
- Midwest
- South
- West
The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
United States Biologics Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Source
- Product
- Disease
- Manufacturing
- Region
|
Sources Covered |
Microbial, Mammalian, Others |
Products Covered |
Monoclonal Antibodies, Vaccines, Recombinant Proteins, Antisense, RNAi and Molecular Therapy, Others |
Diseases Covered |
Oncology, Immunological Disorders, Cardiovascular Disorders, Hematological Disorders, Others |
Manufacturings Covered |
Outsourced, In-House |
Regions Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States biologics market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States biologics market?
- What is the breakup of the United States biologics market on the basis of source?
- What is the breakup of the United States biologics market on the basis of product?
- What is the breakup of the United States biologics market on the basis of disease?
- What is the breakup of the United States biologics market on the basis of manufacturing?
- What are the various stages in the value chain of the United States biologics market?
- What are the key driving factors and challenges in the United States biologics?
- What is the structure of the United States biologics market and who are the key players?
- What is the degree of competition in the United States biologics market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States biologics market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United States biologics market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States biologics industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.