Biological Drugs Market Forecast 2014 - 2020

Transparency Market Research

Biological Drugs Market - Global USD 4795 Industry Analysis, Size, Share, Multi User License: Growth, Trends and Forecast, USD 7795 Corporate User License: 2014 - 2020

USD 10795

Published Date 01-July-2014 145 Page Report Single User License:

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Global Biological Drugs Market is Expected to Reach USD 287,139.7 Million in 2020: Transparency Market Research

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Biological Drugs Market

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Biological Drugs Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 According to a new market report published by Transparency Market Research "Biological Drugs Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020," the global biological drugs market is estimated at USD 161,056.5 million in 2014 and is expected to grow at a CAGR of 10.1% from 2014 to 2020, to reach an estimated value of USD 287,139.7 million in 2020. Browse the full Biological Drugs Market Report at http://www.transparencymarketresearch.com/biological-drugs-market.html The biological drugs market is witnessing a significant growth due to the increasing prevalence of chronic diseases and increase in the global geriatric population. Biological drugs are used in treatment and prevention of various diseases such as cancer, blood-related diseases, auto-immune diseases and other medical disorders. Moreover, various government associations are also promoting the usage of biological drugs. Furthermore, advancement in biomedical sciences holds immense potential for the growth of the biologic drugs market. On the other hand, high cost of biological drugs and patent expiry of blockbuster drugs impede the growth of the market. Moreover, the risk of adverse effects associated with biologic...