Category

Biologics Outsourcing Services Market - Forecasts From 2018 To 2023

114 pages
Published on : May 2019
Report Code : KSI061611088

Description

The biologics outsourcing services market was valued at US$8.607 billion in 2017 and is projected to expand at a CAGR of 11.84% over the forecast period to reach US$16.838 billion by 2023. The global demand for outsourced biologics is highly driven by need to take initiative for developmental activities by biotechnology industry as biologics have vast scope of R & D and innovation in the field. Biological products often manufactures in-house by bio-technology firms are heat sensitive and highly susceptible to contamination, and hence follow different steps than most of the conventional drugs. And, therefore outsourcing biologics outsourcing services is more competent strategy for these firms. The global biologics outsourcing services market is supported by various factors such as growing demand for outsourcing variety, demand of antibody conjugate, increasing biologics approvals, and others. However, various inhibiting factors such as limited knowledge in the biologics field, complexities in handling biologics, and lack of skilled professionals is likely to impend the market growth during the forecast period.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the biologics outsourcing services value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the biologics outsourcing services market.

Major industry players profiled as part of the report are Lonza Group Ltd., Charles River Laboratories, SGS SA, and Thermo Fisher Scientific Inc. among others. 

Segmentation

The biologics outsourcing services market has been analyzed through following segments:

By Product

Antibody

Recombinant Protein

Vaccines

Others


By Application

Vaccine & Therapeutics Development

Blood and Blood-Related Products Testing

Cellular and Gene Therapy

Tissue and Tissue-Related Products Testing

Stem Cell Research


By Geography

North America

United States

Canada

Mexico

Others


South America

Brazil

Argentina

Others


Europe

United Kingdom

Germany

France

Italy

Others


Middle East and Africa

Saudi Arabia

United Arab Emirates

South Africa

Others


Asia Pacific

Japan

Korea

China

India

Others

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