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Global Cancer Biologics Market 2019-2023 | Evolving Opportunities With Amgen Inc. and Bristol-Myers Squibb Company | Technavio

January 13, 2020 GMT
Global Cancer Biologics Market 2019-2023 | Evolving Opportunities With Amgen Inc. and Bristol-Myers Squibb Company | Technavio
Global Cancer Biologics Market 2019-2023 | Evolving Opportunities With Amgen Inc. and Bristol-Myers Squibb Company | Technavio

LONDON--(BUSINESS WIRE)--Jan 13, 2020--

The global cancer biologics market is poised to grow by USD 40.38 billion during 2019-2023, progressing at a CAGR of over 11% during the forecast period. Request free sample pages

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Technavio has announced its latest market research report titled global cancer biologics market 2019-2023. (Graphic: Business Wire)

Read the 127-page report with TOC on “Cancer Biologics Market Analysis Report by Geography (Asia, Europe, North America, and ROW), Product (Monoclonal antibodies, Vaccines, Cell and gene therapy, and Others), and the Segment Forecasts, 2019-2023”.

https://www.technavio.com/report/global-cancer-biologics-market-industry-analysis

The market is driven by the robust pipeline and new drug approvals. In addition, the increased use of predictive biomarkers is anticipated to boost the growth of the cancer biologics market.

Many players in the market are investing heavily in the development of cancer biologics. Hence, numerous biologic molecules for the treatment of cancer are in the late stages of development. Furthermore, regulatory agencies have fastened the approval process for cancer biologics. Thus, the presence of a robust pipeline and the approval of new drugs is expected to drive the growth of the global cancer biologics market during the forecast period.

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Major Five Cancer Biologics Companies:

Amgen Inc.

Amgen Inc. is one of the leading vendors in the human therapeutics segment, which focuses on the treatment of illnesses, primarily in the area of oncology, hematology, cardiovascular disease, inflammation, bone health, nephrology, and neuroscience. The company offers various cancer therapies such as XGEVA, IMLYGIC, Vectibix, and BLINCYTO.

Bristol-Myers Squibb Company

Bristol-Myers Squibb Company operates through the biopharmaceuticals segment, which engages in the discovery, development, licensing, manufacturing, marketing, distribution, and sale of innovative medicines for the treatment of serious diseases. The company’s cancer biologics offerings include OPDIVO, EMPLICITI, and YERVOY.

Eli Lilly and Company

Eli Lilly and Company is one of the leading manufacturers of human pharmaceutical products and animal health products. Under its human pharmaceutical products segment, the company manufactures pharmaceutical products for endocrinology, oncology, cardiovascular, neuroscience, and immunology therapeutic areas and other areas globally. LARTRUVO, PORTRAZZA, ERBITUX, and CYRAMZA are some of the monoclonal antibodies offered by the company for the treatment of various cancers.

F. Hoffmann-La Roche Ltd

F. Hoffmann-La Roche Ltd operates the business across two segments, which include pharmaceuticals and diagnostics. The company offers various biologics for cancer treatment, including Herceptin, Avastin, MabThera/Rituxan, PERJETA, KADCYLA, TECENTRIQ, Herceptin Hylecta, and GAZYVA.

Merck & Co., Inc.

Merck & Co., Inc. manufactures and markets human health pharmaceuticals and vaccine products. Some of the company’s offerings in cancer biologics category are SYLATRON, ELSPA, KEYTRUDA, TICE BCG, INTRON, and GARDASIL.

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Technavio has segmented the cancer biologics market based on the product and region.

Cancer Biologics Product Outlook (Revenue, USD Billion, 2019 - 2023)

Cancer biologics Regional Outlook (Revenue, USD Billion, 2019 - 2023)

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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INDUSTRY KEYWORD: HEALTH ONCOLOGY

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PUB: 01/13/2020 07:00 AM/DISC: 01/13/2020 07:01 AM

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