Polaris Market Research recently published [115+ Pages] research report on “Biologics Contract Development Market Share, Size, Trends, Industry Analysis Report, By Source (Mammalian, Microbial, Others); By Indication; By Product Service; By Region; Segment Forecast, 2022 – 2030” in its research database.
According to the research report, the global biologics contract development market size & share was valued at USD 5.48 billion in 2021 and is expected to reach USD 13.22 Billion by 2030, growing at a CAGR of 10.4% during the forecast period.
What is Biologics Contract Development? How Big is Biologics Contract Development Market?
- Overview
The biologics contract development organizations offer a full range of services, from evolving cell lines to the long-term supply of biological products. These companies specialize in evolving and producing stable cell lines, which are comprehensively utilized in crucial applications such as biological production, drug screening, and functional gene studies.
The biologics contract development organizations only distributed the drugs which are pre-formulated. Increasing outsourcing of research and development by pharma and biopharma businesses I propelling the industry. Rising acceptance of advanced technologies for biological production is uplifting the biologics contract development market share.
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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)
Key Highlights of the Report
- A complete backdrop analysis, which includes an assessment of the parent market
- Assessment of growth opportunities in key segments and regions
- Important changes in industry dynamics
- Detailed company profiling of top players in the market
- Historical, current, and projected size of the market by both value and volume
- Reliable industry value chain and supply chain analysis
- Recommendations to companies for strengthening their presence in the industry
Some of the Top Market Players Are:
- Abzena Ltd
- AGC Biologics
- Ajinomoto Bio-Pharma
- Almac
- Avid Bioservices Inc
- Bionova Scientific Inc
- BioXcellence (Boehringer Ingelheim Biopharmaceuticals GmbH)
- Curia Global Inc.
- Fujifilm Diosynth Biotechnologies
- Genscript
- KBI Biopharma
- LakePharma
- Lonza
- STC Biologics
- Samsung Biologics
- Thermo Fisher Scientific Inc.
- WuXi Biologics
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Growth Driving Factors
- Growing acceptance of advanced technology is propelling the market
The biologics contract development market demand is rising due to increasing mergers and acquisitions campaigns between biopharma organizations and contract development organizations. The latest research in novel and combination therapies for evolving biologics is anticipated to uplift the biologics contract development industry over the assessment period. Also, a beneficial environment for clinical trials in evolving nations is accounted for considerable growth.
Further, the rising government initiatives in evolving nations towards their policies with EMA and FDA standards to uplift the approval process and create reliability are expected to boost the biologics contract development market size over the prediction period. The rising adoption of technological advancement in biological manufacturing is also responsible for the biologics contract development industry’s significant share. Also, due to favorable results from ongoing clinical research initiatives, various government and private organizations inspire and make considerable investments in this field.
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Recent Developments
- In Jan 2022, Samsung Biologics acquired Biogen’s 50% stake as a joint venture to strengthen biosimilar development capabilities and future performance in novel drug development.
- In Oct 2021, Avid Bioservices announced the expansion into the development and manufacturing of viral vectors for cell and gene therapy.
- In Sept 2021, LakePharma Inc. was acquired by Curia Global, Inc. (formerly AMRI), top contract research, development, and manufacturing organization.
Segmental Analysis
- The mammalian segment dominated the market
Based on the source, the biologics contract development market segmentations are classified into microbial, mammalian, and others. Out of all, the mammalian segment accounted for the highest market share in 2021 and is anticipated to maintain its dominance over the assessment period. The accountable factor for the segment’s dominance is the evolving mammalian proteins with significant post-translational moderations, which supply an inhabitant formation while using mammalian cells for protein expression.
- The process development segment is considered the largest market share
On the basis of product service, the process development segment accounted for the highest market share and is expected to maintain its dominance during the foreseen period because of the several businesses that prefer to outsource the manufacturing of recombinant proteins and monoclonal antibodies (MABs).
Further, the cell line development segment propelled the market in 2021. The accountable factors for the segment’s dominance are increasing demand for monoclonal antibodies, recombinant proteins, and vaccines, rising rates of oncology, autoimmune disorders, infectious diseases, and genetic disorders. Also, the recombinant cell lines are also being utilized for the production of recombinant biopharmaceutical proteins.
- The oncology segment is accounted for the largest revenue share
Based on indication, the oncology segment has the highest market share. The segment is dominant because of the factor that cancer can spread to any organ of the body, and owing to that, the demand for therapy uplifts more business investments in research & development as well as outsourcing.
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Biologics Contract Development Market: Report Scope
Report Attribute | Details |
Market Outlook for 2030 | USD 13.22 Billion |
Market Size 2022 Value | USD 5.97 Billion |
Expected CAGR Growth | 10.4% from 2022 – 2030 |
Base Year | 2021 |
Forecast Year | 2022 – 2030 |
Top Market Players | Abzena Ltd, AGC Biologics, Ajinomoto Bio-Pharma, Avid Bioservices, Inc; Bionova Scientific Inc, BioXcellence (Boehringer Ingelheim Biopharmaceuticals GmbH), Curia Global, Inc., Fujiifilm Diosynth Biotechnologies, Genscript, KBI Biopharma, LakePharma, Lonza, STC Biologics, Samsung Biologics, Thermo Fisher Scientific Inc., and WuXi Biologics. |
Segments Covered | By Source, By Product Service, By Indication, and By Region |
Customization Options | Customized purchase options are available to meet your research needs. Explore customized purchase options |
Geographic Overview
- North America accounts for significant market growth
On the basis of geography, the North American region is considered the largest biologics contract development market share. The region is dominating due to rising demand for specialized testing services as well as rising collaborations and acquisitions. Also, the growth of contract development organizations (CDOs) is responsible for the increasing clinical trial activity and outsourcing activity.
Moreover, Asia Pacific is expected to dominate the industry over the assessment period. This region is anticipated to dominate because biotechnology companies are investing in the area due to the several regulatory organization amendments to change clinical trial estimation standards by global requirements.
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Biologics Contract Development Market Report Highlights
- The mammalian source segment became the dominant sector in 2021. This is due to the main benefit of using mammalian cells for protein expression and creating mammalian proteins with proper post-translational modifications that offer a native structure.
- Many businesses are choosing to manufacture recombinant proteins and monoclonal antibodies; the process development segment is expected to grow in forthcoming years. Major biologics manufacturers provide process development to the client’s business needs, regulatory constraints, and project timelines.
- Due to the high need for cancer therapy, the oncology segment accounted for the greatest share, encouraging more company investments in R&D and outsourcing.
- North America dominates the largest share owing to the increasing R&D investment and presence of local market players. Also, increasing outsourcing activities and the number of clinical trials in the region accelerates regional growth.
Key Questions Answered in The Report Include:
- What is the total market worth of the biologics contract development industry?
- What is the anticipated CAGR of the market in the forecast period?
- Which region is expected to project the highest industry share?
- What are the key driving factors for the growth of the market?
- Who are the leading players in the market?
Polaris Market Research has segmented the biologics contract development market report based on source, product service, indication, and region:
By Source Outlook
- Microbial
- Mammalian
- Others
By Product Service Outlook
- Cell Line Development
- Microbial
- Mammalian
- Others
- Process Development
- Upstream
- Microbial
- Mammalian
- Others
- Downstream
- Impurity, isolation & identification
- Physicochemical Characterization
- Pharmaceutical Analysis
- Others
- By Product
- MABs
- Recombinant Proteins
- Others
- Others
By Indication Outlook
- Oncology
- Immunological Disorders
- Cardiovascular Disorders
- Hematological Disorders
- Others
By Region Outlook
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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