The global market size for next generation biologics products is estimated to be USD 5,981.6 million in 2021 and is expected to witness a CAGR of 8.85% during the forecast period. Rising demand for ADCs, technological advancements, growing reimbursement support, and escalating investment in R&D are the major factors driving the global next generation biologics market. However, various factors such as complexities in manufacturing of biologics, complicated regulatory framework, and difficulties in patient recruitment for conducting clinical trials, high cost, and failure rate in clinical trials are hindering the market growth.
Global Next Generation Biologics Market Size (USD Million), 2021-2029
Source: Erevna Healthcare
By Type
On the basis of type, the global market was segmented into antibodies, regenerative medicine, insulin, growth hormones, and others. In 2021, the regenerative medicine segment accounted for the largest share due to increasing demand for tissue-engineered and application of stem cell products for the treatment of rare diseases. The antibodies segment is anticipated to grow at a lucrative CAGR during the forecast period owing to growing government funding’s in R&D, increasing focus on cell therapy products, and occurrence of chronic disease.
By Application
On the basis of the application, the market was segmented into scientific research, medical, and others. In 2021, scientific research segment accounted for the significant revenue share due to expanding r&d activities in biotechnology companies and academic institutes. The medical application segment is anticipated to grow at the fastest CAGR during the forecast period. This is owing to the rising initiatives taken by private and public organizations for adoption of advanced technology.
Regional Insights
In 2021, North America dominated the global next generation biologics market owing to the presence of prominent players in the region, highly advanced infrastructure, and government support. Asia Pacific market is the anticipated to grow at the fastest CAGR during the forecast period due to high growth opportunities, strengthening economy and booming healthcare sector in the region.
Competitor Insights
Some of the major companies in the next generation biologics market Novo Nordisk (Denmark), Biogen Inc. (U.S.), Roche Holding AG (Switzerland), Pfizer Inc. (U.S.), Molecular Partners AG (Switzerland), Sanofi S.A. (France), Eli Lilly and Company (U.S.), Mitsubishi Group (Japan), AbbVie Inc. (U.S.), and Bayer AG (Germany). Investment in R&D, novel product launches, and strategic collaborations & acquisitions are some of the major strategies adopted by the leading players operating in the industry.
This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2021 to 2029. The next generation biologics market report is categorized into the following segments and subsegments:
Next Generation Biologics Market, By Type (Revenue, 2021-2029, USD Million)
- Regenerative medicine
- Antibodies
- Growth hormones
- Insulin
- Other
Next Generation Biologics Market, By Application (Revenue, 2021-2029, USD Million)
- Scientific Research
- Medical
- Other
Next Generation Biologics Market, By Region (Revenue, 2021-2029, USD Million)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Scope of Next Generation Biologics Market Report:
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Table of Contents: Next Generation Biologics Market 2021-2029
- Research Methodology
- Study Objectives
- Study Scope
- Research Assumptions
- Research Framework
- Research Models
- Bottom-up Approach
- Top-down Approach
- Data Triangulation
- Data Procurement
- Internal Database
- Secondary Research
- Purchased Database
- Primary Research
- Data Analysis
- Data Validation
- Market Size Estimation
- Market Forecast Model
- Quality Assessment
- Research Models
- Introduction: Next Generation Biologics
- Executive Summary
- Global Market Scenario
- Segment Market Scenario
- Geographic Market Scenario
- COVID-19 Impact
- Competitive Landscape
- Market Dynamics
- Market Drivers
- Driver 1
- Driver 2
- Driver 3
- Driver 4
- Driver 5
- Market Restraint
- Restraint 1
- Restraint 2
- Restraint 3
- Restraint 4
- Market Opportunities
- Opportunity 1
- Opportunity 2
- Opportunity 3
- Opportunity 4
- Market Trends
- Trend 1
- Trend 2
- Trend 3
- Trend 4
- Market Challenges
- Challenge 1
- Challenge 2
- Challenge 3
- Challenge 4
- Market Drivers
- Market Environment Analysis
- Porter’s 5 Forces Analysis
- PESTEL Analysis
- Value Chain Analysis
- SWOT Analysis
- Benchmark
- COVID-19 Impact Analysis: Next Generation Biologics Market
- COVID-19: Overview
- COVID-19 Impact on the Global Market
- COVID-19 Impact on the Regional Markets
- Market Analysis by Type
- Regenerative medicine
- Regenerative medicine Market Forecast, 2021-2029 (USD Million)
- Antibodies
- Antibodies Market Forecast, 2021-2029 (USD Million)
- Growth hormones
- Growth hormones Market Forecast, 2021-2029 (USD Million)
- Insulin
- Insulin Market Forecast, 2021-2029 (USD Million)
- Other
- Other Market Forecast, 2021-2029 (USD Million)
- Regenerative medicine
- Market Analysis by Application
- Scientific Research
- Scientific Research Market Forecast, 2021-2029 (USD Million)
- Medical
- Medical Market Forecast, 2021-2029 (USD Million)
- Others
- Others Market Forecast, 2021-2029 (USD Million)
- Scientific Research
- Regional Market Analysis
- Regional Market Trends
- Regional Market: Comparative Analysis
- North America Next Generation Biologics Market
- North America Next Generation Biologics Market
- North America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- S. Next Generation Biologics Market
- S. Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Canada Next Generation Biologics Market
- Canada Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Canada Market Size and Forecast, 2021-2029 (USD Million)
- S. Market Size and Forecast, 2021-2029 (USD Million)
- North America Market Size and Forecast, 2021-2029 (USD Million)
- North America Next Generation Biologics Market
- Europe Next Generation Biologics Market
- Europe Next Generation Biologics Market
- Europe Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Germany Next Generation Biologics Market
- Germany Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- UK Next Generation Biologics Market
- UK Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- France Next Generation Biologics Market
- France Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Spain Next Generation Biologics Market
- Spain Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Italy Next Generation Biologics Market
- Italy Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Rest of Europe Next Generation Biologics Market
- Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
- Italy Market Size and Forecast, 2021-2029 (USD Million)
- Spain Market Size and Forecast, 2021-2029 (USD Million)
- France Market Size and Forecast, 2021-2029 (USD Million)
- UK Market Size and Forecast, 2021-2029 (USD Million)
- Germany Market Size and Forecast, 2021-2029 (USD Million)
- Europe Market Size and Forecast, 2021-2029 (USD Million)
- Europe Next Generation Biologics Market
- Asia Pacific Next Generation Biologics Market
- Asia Pacific Next Generation Biologics Market
- Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Japan Next Generation Biologics Market
- Japan Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- China Next Generation Biologics Market
- China Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- India Next Generation Biologics Market
- India Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- South Korea Next Generation Biologics Market
- South Korea Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Device, 2021-2029 (USD Million)
- Australia Next Generation Biologics Market
- Australia Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Rest of Asia Pacific Next Generation Biologics Market
- Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Australia Market Size and Forecast, 2021-2029 (USD Million)
- South Korea Market Size and Forecast, 2021-2029 (USD Million)
- India Market Size and Forecast, 2021-2029 (USD Million)
- China Market Size and Forecast, 2021-2029 (USD Million)
- Japan Market Size and Forecast, 2021-2029 (USD Million)
- Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Asia Pacific Next Generation Biologics Market
- Latin America Next Generation Biologics Market
- Latin America Next Generation Biologics Market
- Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Brazil Next Generation Biologics Market
- Brazil Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Mexico Next Generation Biologics Market
- Mexico Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Argentina Next Generation Biologics Market
- Argentina Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Rest of Latin America Next Generation Biologics Market
- Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Argentina Market Size and Forecast, 2021-2029 (USD Million)
- Mexico Market Size and Forecast, 2021-2029 (USD Million)
- Brazil Market Size and Forecast, 2021-2029 (USD Million)
- Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Latin America Next Generation Biologics Market
- MEA Next Generation Biologics Market
- MEA Next Generation Biologics Market
- MEA Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- GCC Next Generation Biologics Market
- GCC Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- South Africa Next Generation Biologics Market
- South Africa Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Rest of MEA Next Generation Biologics Market
- Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Type, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
- South Africa Market Size and Forecast, 2021-2029 (USD Million)
- GCC Market Size and Forecast, 2021-2029 (USD Million)
- MEA Market Size and Forecast, 2021-2029 (USD Million)
- MEA Next Generation Biologics Market
- Competitor Analysis
- Market Share Analysis, 2021 & 2029
- Competitive Mapping
- Key Players Market Place Analysis
- Major Recent Developments
- Company Profiles
- Novo Nordisk (Denmark)
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- Biogen Inc. (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- Roche Holding AG (Switzerland)
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- Pfizer Inc. (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- Molecular Partners AG (Switzerland)
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- Sanofi S.A. (France)
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- Eli Lilly and Company (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- Mitsubishi Group (Japan
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- AbbVie Inc. (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- Bayer AG (Germany)
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- Company 11
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- Company 12
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- Company 13
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- Company 14
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- Company 15
- Company Snapshot
- Company Overview
- Financials
- Type Benchmarking
- Recent Developments
- Others Prominent Players
- Novo Nordisk (Denmark)
Conclusion & Recommendations