Biologics contract development market is expected to witness significant growth due to increasing demand for personalized medicine, advancements in biotechnology, and rising investments in research and development.
Industry
Report Coverage | Details |
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Segments Covered | Source, Service, Indication |
Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | WuXi Biologics, Abzena, Fujifilm Diosynth Biotechnologies, KBI Biopharma, AGC Biologics, Thermo Fisher Scientific, Curia Global,, Genscript, Bionova Scientific,, BioXcellence, STC Biologics |
However, the market may face challenges such as stringent regulatory requirements and high costs associated with biologics development and manufacturing.
Growth Drivers & Opportunity:
Furthermore, the growing prevalence of chronic diseases and increasing adoption of biologics for the treatment of various diseases are expected to drive the growth of the market in the coming years.
Industry
Report Coverage | Details |
---|---|
Segments Covered | Source, Service, Indication |
Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | WuXi Biologics, Abzena, Fujifilm Diosynth Biotechnologies, KBI Biopharma, AGC Biologics, Thermo Fisher Scientific, Curia Global,, Genscript, Bionova Scientific,, BioXcellence, STC Biologics |
The complex manufacturing processes and the need for specialized expertise may act as restraints for the biologics contract development market.