Biologics Market 2022 Market Competitive Landscape Analysis
Biologics or biological products are substances comprising of
sugars, nucleic acids, proteins or complex combinations of these
materials as well as living entities such as tissues and cells.
Compared to conventional chemical drugs, biologics are relatively complex
molecules. Biologics are derived from different natural sources such as
animals, humans or microorganisms and usually consist of blood components,
allergenics, tissues, somatic cells along with recombinant therapeutic
proteins. Commonly known biologics are enbrel, remicade, avonex, humira,
betaseron and Herceptin to name a few.
Biologics
have revolutionized the treatment of chronic disorders such as psoriasis,
rheumatoid arthritis, psoriatic arthritis, multiple sclerosis and Crohn’s
disease along with a variety of cancers. Like drugs, biologics are used to cure
or treat medical conditions and diseases, prevent diseases or to diagnose
diseases. Some of the biologics and their approved uses include: Botox for
neurologic or dermatologic uses, Herceptin for a certain kind of breast cancer
and a variety of vaccines such as flu vaccines. In the past decade, there
have been major advancements in treatment of rheumatoid arthritis, especially
for those patients who do not respond adequately to traditional
disease-modifying antirheumatic drugs. One of the critical advancements is
development of biologics. There are numerous approved biologics for treating
rheumatoid arthritis such as etanercept (enbrel), abatacept (orencia),
adalimumab (humira), anakinra (kineret), rituximab (rituxan) among other useful
biologics. The key difference between biologics and traditional drugs for
treating rheumatoid arthritis is that biologics target specific immune system
components instead of broadly targeting many areas of the immune system.
For treatment of cancer, monoclonal antibodies or MAbs are used to
stimulate immune response that can destroy cancer cells. MAbs coat the surface
of the cancer cell further triggering its destruction by the immune system.
Cytokines are signaling proteins which are produced by the white blood cells.
These proteins help in regulating immune response and new blood cell formation.
Types of cytokines used for treating cancer patients include interleukins (ILs)
and interferons (INFs).
Some of the key factors responsible for the growth of global
biologics market are increasing acceptance of biopharmaceuticals as compared to
chemically synthesized molecules, technological advancements and rising
expenditure on biopharmaceutical research by the industry and rising prevalence
of chronic disorders such as cancer, multiple sclerosis and rheumatoid
arthritis. Advent of targeted therapies along with increasing focus on patient
centric, personalized medicine will largely contribute the growth of biologics
market in coming years. However, factors such as highly complex process of
manufacturing biologics and stringent regulatory approval procedures can hamper
the growth of global biologics market.
Major Market Players:
Ø
F. Hoffmann-La Roche Ltd
Ø
Celltrion Inc.
Ø
Pfizer Inc.
Ø
Samsung BioLogics Co.Ltd.
Ø
Amgen Inc.
Ø
Novo Nordisk A/S
Ø
AbbVie Inc.
Ø
Sanofi, Merck & Co., Inc.
Ø
Addgene, Inc.
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Biologics Market
Segmentation
By Product:
- Vaccines
- Allergenic extracts
- Blood and Blood Products
- Proteins
- Human Cells and Tissues
- Cellular Therapies
- Xenotransplantation Products
- Gene Therapies
By Application:
- Rheumatoid arthritis
- Diabetes
- Anemia
- Cancer
- Others
By Source Material:
- Humans
- Yeast
- Avian Cell Culture
- Insects Cell Culture
- Bacteria
By Region:
- North America
o
U.S
o
Canada
o
Mexico
- Europe
o
Germany
o
France
o
UK
o
Italy
o
Spain
o
Rest of Europe
- Asia-Pacific
o
Japan
o
China
o
Australia
o
India
o
South Korea
o
Rest of Asia-Pacific
- Rest of the World
o
Brazil
o
South Africa
o
Saudi Arabia
o
Turkey
o
United Arab Emirates
o
Others
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