바이오베터 시장 예측(-2030년) : 제품 유형별, 투여 경로별, 유통 채널별, 용도별, 지역별 세계 분석

According to Stratistics MRC, the Global Biobetters Market is accounted for $47.16 billion in 2023 and is expected to reach $93.08 billion by 2030 growing at a CAGR of 10.2% during the forecast period. Biobetters are enhanced biopharmaceutical medications designed to improve convenience, safety, or efficacy. These sophisticated biologics seek to improve upon the efficacy of the original treatments through the optimization of molecular structures, formulations, or delivery systems. Biobetters work to overcome the shortcomings of existing treatments by providing better therapeutic results and possibly lowering medical expenses by increasing patient compliance and minimizing side effects.

According to an article published by Elsevier in January 2022, biobetters are improved biological drugs that usually have better pharmacokinetics, and techniques such as glycosylation and PEGylation are the most common strategies to develop biobetters.

Market Dynamics:

Driver:

Rising healthcare expenditure

The increasing financial commitment to healthcare infrastructure and services underscores the demand for advanced biopharmaceutical solutions, including biobetters. As healthcare investments rise, there is a growing emphasis on optimizing therapeutic outcomes and cost-effectiveness. Biobetters, with their enhanced efficacy and safety profiles, align with this trend, providing a strategic avenue for healthcare stakeholders to achieve improved patient outcomes and manage healthcare costs more efficiently, reinforcing their significance in the evolving healthcare landscape.

Restraint:

High development costs

The biobetters market faces a significant restraint in the form of high development. The intricate process of enhancing biopharmaceuticals demands extensive research, rigorous testing, and regulatory compliance, leading to substantial financial investments. These elevated costs present a challenge for market participants, potentially limiting innovation and market entry.

Opportunity:

Growing patent expiries of original biologics

When patents expire, it opens avenues for biopharmaceutical companies to develop improved versions with enhanced features, such as increased efficacy or reduced side effects. This fosters innovation, competition, and market expansion. By leveraging the expiration of patents, companies can navigate the regulatory landscape more efficiently and offer cost-effective alternatives. As a result, the patent expiries create a strategic window for Biobetters, fostering a dynamic and competitive landscape in the biopharmaceutical industry.

Threat:

Stringent regulatory requirements

Stringent regulatory requirements pose a significant threat to the biobetters market, demanding exhaustive documentation and extensive clinical trials. Compliance challenges may prolong development timelines and escalate costs, deterring potential market entrants. The rigorous approval processes, while ensuring patient safety, can hinder innovation and stifle competition in the market.

Covid-19 Impact:

The COVID-19 pandemic has both positively and negatively impacted the biobetters market. While heightened focus on healthcare innovation has accelerated research and development, disruptions in the pharmaceutical supply chain and shifting priorities have led to delays and challenges. Additionally, economic uncertainties and resource reallocations have affected investment patterns. Overall, the pandemic has emphasized the importance of agility and resilience in the biobetters market.

The injection segment is expected to be the largest during the forecast period

The injection segment is anticipated to dominate the biobetters market throughout the forecast period due to the preference for injectable formulations in biopharmaceuticals, coupled with their rapid and precise drug delivery, which contributes to this dominance. Additionally, injections are often favored for administering complex biologics. The growth in chronic diseases requiring sustained therapeutic interventions further propels the demand for injectable biobetters, solidifying their position in the market.

The diabetes segment is expected to have the highest CAGR during the forecast period

The diabetes segment is poised to exhibit the highest growth in the biobetters market during the forecast period. This growth is attributed to the escalating global prevalence of diabetes, necessitating enhanced and more effective biopharmaceutical solutions. Biobetters, with their potential for improved efficacy and reduced side effects, are likely to witness increased adoption in diabetes treatment. As a result, the diabetes segment is anticipated to experience substantial growth, presenting lucrative opportunities in the evolving biopharmaceutical landscape.

Region with largest share:

North America is poised to lead the biobetters market due to robust research and development activities, a well-established biopharmaceutical industry, and a high prevalence of chronic diseases. The region's advanced healthcare infrastructure and regulatory frameworks facilitate efficient product approvals. Additionally, strategic collaborations and a focus on technological advancements contribute to market dominance. With a strong emphasis on innovation and increasing healthcare investments, North America is expected to maintain its prominent position in driving advancements and market growth in the biobetters sector.

Region with highest CAGR:

The Asia Pacific region is poised for rapid growth in the biobetters market owing to expanding healthcare infrastructure, increasing investments in research and development, and a rising demand for advanced biopharmaceutical solutions. The region's large patient population and growing awareness of personalized medicine further drive market expansion. Strategic collaborations, favorable regulatory environments, and a burgeoning biotechnology sector contribute to the anticipated acceleration of biobetter adoption, making Asia Pacific a key player in the evolving biopharmaceutical landscape.

Key players in the market

Some of the key players in Biobetters market include AbbVie Inc., Amgen Inc., AstraZeneca PLC, Biocon Ltd., Biogen Inc., Celltrion Inc., Eli Lilly and Company, Genentech, Inc., Johnson & Johnson, Merck & Co., Inc., Novartis AG, Pfizer Inc., Regeneron Pharmaceuticals, Inc., Samsung Bioepis Co., Ltd., Sanofi S.A. and Takeda Pharmaceutical Company Limited.

Key Developments:

In January 2024, AbbVie strengthened its manufacturing capabilities by breaking ground Thursday on a new US$223 million (S$301 million) expansion of its Singapore manufacturing facility. This new investment will add more than 100 jobs and new biologics manufacturing capacity to AbbVie's global network.

In November 2023, AstraZeneca announced a collaboration and investment agreement with Cellectis, a clinical-stage biotechnology company, to accelerate the development of next generation therapeutics in areas of high unmet need, including oncology, immunology and rare diseases. Under the terms of the collaboration agreement, AstraZeneca will leverage the Cellectis proprietary gene editing technologies and manufacturing capabilities, to design novel cell and gene therapy products, strengthening AstraZeneca's growing offering in this space. As part of the agreement, 25 genetic targets have been exclusively reserved for AstraZeneca, from which up to 10 candidate products could be explored for development.

In September 2022, Novartis announced it is investing in next-generation biotherapeutics with the creation of a fully integrated, dedicated USD 300m scientific environment that will bolster its capacity and capabilities for early technical development of biologics. Spanning both drug substance and drug product development, the multi-year investment will be implemented across existing Novartis locations in Switzerland, Slovenia and Austria, strengthening Novartis ability to deliver on the increasing growth and diversity of its early-stage biotherapeutics portfolio.

Product Types Covered:

• Bispecific Antibodies
• Fusion Proteins
• Granulocyte Colony Stimulating Factor (G-CSF)
• Monoclonal Antibodies
• Pegylated Proteins
• Other Product Types

Route of Administrations Covered:

• Injection
• Inhalation
• Other Route of Administrations

Distribution Channels Covered:

• Hospital Pharmacies
• Online Pharmacies
• Retail Pharmacies
• Other Distribution Channels

Applications Covered:

• Oncology
• Autoimmune Diseases
• Diabetes
• Infectious Diseases
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Biobetters Market, By Product Type

• 5.1 Introduction
• 5.2 Bispecific Antibodies
• 5.3 Fusion Proteins
• 5.4 Granulocyte Colony Stimulating Factor (G-CSF)
• 5.5 Monoclonal Antibodies
• 5.6 Pegylated Proteins
• 5.7 Other Product Types

6 Global Biobetters Market, By Route of Administration

• 6.1 Introduction
• 6.2 Injection
  • 6.2.1 Subcutaneous
  • 6.2.2 Intravenous
  • 6.2.3 Intramuscular
• 6.3 Inhalation
• 6.4 Other Route of Administrations

7 Global Biobetters Market, By Distribution Channel

• 7.1 Introduction
• 7.2 Hospital Pharmacies
• 7.3 Online Pharmacies
• 7.4 Retail Pharmacies
• 7.5 Other Distribution Channels

8 Global Biobetters Market, By Application

• 8.1 Introduction
• 8.2 Oncology
  • 8.2.1 Breast Cancer
  • 8.2.2 Colorectal Cancer
  • 8.2.3 Leukemia
  • 8.2.4 Lymphoma
  • 8.2.5 Non-small Cell Lung Cancer
  • 8.2.6 Other Oncology Types
• 8.3 Autoimmune Diseases
  • 8.3.1 Inflammatory Bowel Disease
  • 8.3.2 Multiple Sclerosis
  • 8.3.3 Psoriasis
  • 8.3.4 Rheumatoid arthritis
  • 8.3.5 Other Autoimmune Diseases
• 8.4 Diabetes
  • 8.6.1 Type 1 Diabetes
  • 8.6.2 Type 2 Diabetes
• 8.5 Infectious Diseases
• 8.6 Other Applications

9 Global Biobetters Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 AbbVie Inc.
• 11.2 Amgen Inc.
• 11.3 AstraZeneca PLC
• 11.4 Biocon Ltd.
• 11.5 Biogen Inc.
• 11.6 Celltrion Inc.
• 11.7 Eli Lilly and Company
• 11.8 Genentech, Inc.
• 11.9 Johnson & Johnson
• 11.10 Merck & Co., Inc.
• 11.11 Novartis AG
• 11.12 Pfizer Inc.
• 11.13 Regeneron Pharmaceuticals, Inc.
• 11.14 Samsung Bioepis Co., Ltd.
• 11.15 Sanofi S.A.
• 11.16 Takeda Pharmaceutical Company Limited