Big Growth Ahead: Biologic Drugs Market to Hit $823.4 Billion by 2028, Reveals BCC Research [Yahoo! Finance]
AbbVie Inc. (ABBV)
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Source: Yahoo! Finance
BOSTON April 18, 2024 /PRNewswire/ -- "According to the latest research study, the demand for Biologic Therapeutic Drugs: Technologies and Global Markets expected to grow from in 2023 to reach $823.4 billion by the end of 2028 at a compound annual growth rate (CAGR) of 12.7% during the forecast period of 2023-2028." This report examines the biologics market, describing its current state and future possibilities. It looks at important factors such as competition, regulations, what's driving the market, and trends, predicting trends until 2028. The market is analyzed by types of products, what they're used for, and where they come from, like therapeutic proteins and cancer treatments sourced from humans, animals, or micro-organisms. It also looks at where these things are happening, such as in North America Europe , and Asia-Pacific . The estimates are based on 2022 data, with forecasts up to 2028, providing useful insights for stakeholders. Biologics are produced from various sour
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