Global Biopharmaceuticals Market Size, Share Analysis to 2020

Biopharmaceuticals Market - Global Market Study on Biopharmaceuticals Asia to Witness Highest Growth by 2020

Persistence Market Research

Global Biopharmaceuticals Market Will

Reach US$ 278 Bn by 2020:Persistence

Market Research

Persistence Market Research

1

Biopharmaceuticals Market - Global Market Study on Biopharmaceuticals Asia to Witness Highest Growth by 2020

Persistence Market Research Released New Market Report “Global Market Study on

Biopharmaceuticals:

Asia

to

Witness

Highest

Growth

by

2020”, the global

biopharmaceuticals market was valued at US$ 162 Bn in 2014 and is expected to grow at a

CAGR of 9.4% from 2014 to 2020, to reach an estimated value of US$ 278 Bn by 2020.

Browse the full report at :http://www.persistencemarketresearch.com/marketresearch/biopharmaceutical-market.asp

Biopharmaceuticals are medicinal drugs, produced by isolation of the medicinal products

from biological sources such as from animals, plants, humans and microorganisms, using

biotechnological techniques such as recombinant DNA technology. They can also be

produced using transgenic organisms, particularly animals and plants that have been

genetically engineered to produce drugs. These drugs help in prevention and treatment of

various diseases such as rheumatoid arthritis, psoriatic arthritis, psoriasis, cardiovascular

disease, anemia arising from chemotherapy, chronic renal failure, cancer, and diabetes.

Globally, the biopharmaceuticals market is witnessing significant growth due to increasing

prevalence of chronic diseases, rising aging population, technological advancements in

biopharmaceuticals, and increasing R&D investments. In addition, the capability of

biopharmaceuticals to approach a particular target with high efficacy helps in the treatment

of various chronic diseases and disorders. Biopharmaceuticals, such as monoclonal

antibodies,

hormones,

cytokines,

clotting

factors,

cell

therapies,

antisense

drugs,

recombinant insulin, and vaccines, have...