Biologic Therapy Market Research Report- Global Forecast to 2032

Biologic Therapy Market Research Report Information By Product Type (Drugs, Instruments & Kits, Services), Therapy (Monoclonal Antibodies, Vaccines, Others), By Application (Cancer, Infectious Diseases, Autoimmune Diseases, Others), By End User (Hospitals & Clinics, Specialty Centers, Research Centers) Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2032

ID: MRFR/LS/0344-CR | 149 Pages | Author: Rahul Gotadki | October 2023         

Global Biologic Therapy Market Overview


Biologic Therapy Market size was valued at USD 382.85 billion in 2022. The Biologic Therapy market industry is projected to grow from USD 419.22 Billion in 2023 to USD 998.36 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.3% during the forecast period (2023 - 2032).


The increasing reimbursement for biologics, rising burden of cancer, genetic diseases, and autoimmune diseases is driving the market growth.


Biologic Therapy Market Overview


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Biologic Therapy  Market Trends



  • Increasing prevalence and incidence of cancers boosts the market growth.


The increasing prevalence of cancers raises the demand of biology therapy which directly propel the growth of biologic therapy market. As per the Centre for Disease Control and Prevention in 2020, approximate 1,603,844 new cases of cancer reported as well as for every 100,000 people, 403 new cases were reported in the US. Moreover, World Research Cancer Fund International, approximate 18.1 million cancer cases across the globe. Of these, approximate, 8.8 million in women and 9.3 million cases were men.  According to the World Cancer Research Fund in 2019, around 387,820 cases of cancer were diagnosed in 2019, of these cancer cases, 187,434 were in women and 200,386 were in men. As compared with the 2017 data, this was an increase of around 5.8%. Cases in men was increased around 7.2% as well as cases of cancer had increased up to 4.4% in women. Thus, rising prevalence and incidence of cancer also create the interest of major players for new therapy development which directly raise the demand of biologic therapy market across the globe.


Biologic Therapy Market Segment Insights


Biologic Therapy Product Type Insights


The Biologic Therapy Market segmentation, based on product type, includes drugs, instruments & kits, services. The drugs segment is to hold the majority share in 2022 in the Biologic Therapy Market revenue due to the drugs provide better therapeutic effect and increasing number of clinical trial ongoing in development of new therapeutics in biologic therapy market.


June 2022: Aeglea BioTherapuetics announced that it had disastrous to guarantee a biologics license application (BLA) from the FDA after administrators issued a negation to file for the company’s biologic pegzilarginase.


Biologic Therapy, Therapy Insights


The Biologic Therapy Market segmentation is based on therapy that includes monoclonal antibodies, vaccines, others. The monoclonal antibodies segment has dominated the market in 2022 due to the use of monoclonal antibodies in the management and control of disorders such as cancer can be combined to the producers of various disorders. It can also be used to target diseased cells while causing no harm to good cells of the human body.


May 2021: Moderna has entered into manufacturing service agreement with Samsung Biologics for finish commercial manufacturing of mRNA-1273, Moderna’s COVID-19 vaccine.


Biologic Therapy Application Insights


The Biologic Therapy Market segmentation is based on applications that include cancer, infectious diseases, autoimmune diseases, and others. The cancer segment has dominated the market in 2022 due to the increasing prevalence of cancers across the globe dominating this segment growth in biologic therapy market. As per Globocan, the incidence of cancer is predicted to rise from 19.3 million in 2020 to 24.6 million in 2030.


February 2022: The Janssen Pharmaceutical Companies received the US FDA approval for its product CARVYKTI (ciltacabtagene autoleucel; cilia-cel). This biologic medicine is utilized for the treatment of adults with reverted or refractory multiple myeloma (RRMM) after four or more former lines of therapy, including a monoclonal antibody, proteasome inhibitor, an immunomodulatory agent, and an anti-CD38.


Biologic Therapy End User Insights


The Biologic Therapy Market segmentation is based on end user that includes hospitals & clinics, specialty centers, research centers. The hospitals & clinics segment has dominated the market in 2022 due to the increasing number of hospitals & clinics across the globe and hospitals and clinics provide better treatment facilities as well as availability of skilled workforce drive the growth of this segment in biologic therapy market.


August 2021: Pfizer Inc. and BioNTech SE announced that they have initiated a supplemental Biologics License Application with the FDA to obtain approval for a booster dosage of COMIRNATY to inhibit COVID-19 in patients aged 16 and up.


Figure 2: BIOLOGIC THERAPY MARKET, BY END USER, 2022 & 2032 (USD BILLION)


  BIOLOGIC THERAPY MARKET, BY END USER, 2022 & 2032


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Biologic Therapy Regional Insights


By Region, the study segments the market into North America, Europe, Asia-Pacific, and Rest of the World. North America accounted for the largest market share in 2022 owing to the North Americas is expected to command the largest market share due to the increasing incidence of cancer and rising mortality rate of cancer. As per Globocan, the incidence of cancer is predicted to rise from 19.3 million in 2020 to 24.6 million in 2030. Furthermore, there is a growing prevalence of neurological disorders such as Parkinson’s disease and Alzheimer’s disease. It is predicted that the prevalence of Alzheimer's disease will grasp 78 million in 2030 and by 2050, it will rise to 139 million. The new product approval is further driving the growth of this market. For instance, in January 2023, Eisai Inc received US FDA approval for its product Leqembi (lecanemab-irmb) for the treatment of Alzheimer's disease.


 Further, the major countries studied are the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 3: BIOLOGIC THERAPY MARKET, BY REGION, 2022 & 2032 (USD BILLION)


BIOLOGIC THERAPY MARKET, BY REGION, 2022 & 2032


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Europe Biologic Therapy market is expected to account for the second-largest market share due to the growth of the market are the increasing research and development activity, growing number of clinical trials. The rising presence of major key players in the market, increasing incidence of neurologic disease in the Europe region drive the growth of biologic therapy market in the Europe. Furthermore, the Germany Biologic Therapy market held the largest market share in 2022 and UK Biologic Therapy market is the fastest growing market in the Europe region.


The Asia-Pacific Biologic Therapy market is expected to grow at a CAGR of 8.40% from 2019 to 2032. This is due to the epidemiology factor, increasing investment by foreign companies in the emerging economies, rising out of packet expenditure, developing economy drive the growth of this market in the Asia-Pacific region. Moreover, Japan biologic therapy market held the largest market share in 2022 and India biologic therapy market is the fastest growing market in the Asia-Pacific region.


The Rest of the World includes the Middle East, Africa, and Latin America. Latin America holds the major market share in the middle east and Africa region due to the increasing government support, rising the demand of better medical treatment market across the region which drives the growth of the market. This is expected to bolster the market for biologic therapy in this region.


Biologic Therapy Key Market Players & Competitive Insights


The Biologic Therapy Market is distinguished by the presence of numerous global, regional, and local players catering to the increasing need for products in the emerging threat. Moreover, factors such as the increasing threat of bioterrorism, growing awareness of the potential for pandemics, and advances in biotechnology have made it possible to develop new and more effective Biologic Therapy products. Moreover, the numerous pipeline products are responsible for the intense competition and huge opportunities during the forecast period.


Additionally, manufacturers are entering into strategic alliances such as acquisitions, mergers, collaborations, product launches, and product approvals. These strategic alliances are creating intense rivalry for the newcomer as well as for the existing brand.



  1. Hoffmann-La Roche Ltd (Roche) is one of the leading companies in the field of diagnostics and pharmaceuticals. It develops & markets products for diagnosis & treatment of anemia, cancer, anticoagulation therapy, cardiovascular diseases, diabetes, central nervous system, chlamydia, dermatology, gonorrhea, gout, hepatitis B and C, hemostasis disorders, HIV/AIDS, HPV, infectious diseases, and autoimmune diseases. The company specializes in the field of molecular diagnostics & medicines for oncology, virology, inflammation, metabolism, central nervous system (CNS), clinical chemistry, immunology, urinalysis, blood screening, genetics, infectious diseases, and microbiology. The firm operates in two major business segments, namely, pharmaceuticals and diagnostics. The pharmaceutical segment offers a wide range of drugs for therapeutic areas such as oncology, inflammation, neuroscience, infectious diseases, ophthalmology, and among others. Diagnostics segment offers a wide range of tests for cancer and companion diagnostic tests. The company has a strong presence in North America, Europe, Asia, and the Middle East.


Key Companies in the Biologic Therapy Market Include.



  • Samsung Biologics (South Korea)

  • Amgen Inc (US)

  • Novo Nordisk A/S (Denmark)

  • Sanofi (France)

  • Johnson & Johnson Services, Inc (US)

  • Celltrion Healthcare Co., Ltd (South Korea)

  • Bristol-Myers Squibb Company (US)

  • Eli Lilly and Company (US)

  • Hoffmann La-Roche Ltd (Switzerland)

  • Aeglea BioTherapuetics (US)


Biologic Therapy Industry Developments


March 2023: Novartis showed its division Sandoz's plan to spend approximately USD 400 million in the development of a biologics manufacturing facility located in Slovenia.


November 2022: CSL Behring’s received US FDA approval for its product Hemgenix for the treatment of adults with hemophilia B. This product’s approval strengthens its business in the US.


Biologic Therapy Market Segmentation


Biologic Therapy Product Type Outlook



  • Drugs

  • Instruments & Kits

  • Services


Biologic Therapy Therapy Outlook



  • Monoclonal Antibodies

  • Vaccines

  • Others


Biologic Therapy Application Outlook



  • Cancer

  • Infectious Diseases

  • Autoimmune Diseases

  • Others


Biologic Therapy End User Outlook



  • Hospitals & Clinics

  • Specialty Centers

  • Research Centers


Biologic Therapy Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Middle East and Africa

    • Middle East

    • Africa



Report Scope:

Report Attribute/Metric Details
 Market Size 2022 USD 382.85 billion
 Market Size 2023 USD 419.22 billion
Market Size 2032 USD 998.36 billion
Compound Annual Growth Rate (CAGR) 9.32% (2023- 2032)
Base Year 2022
Forecast Period 2023- 2032
Historical Data 2019 & 2020,2021
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Product Type, Therapy, Application, End User and Region
Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Samsung Biologics (South Korea), Amgen Inc (US), Novo Nordisk A/S (Denmark), Sanofi (France), Johnson & Johnson Services, Inc (US) ,Celltrion Healthcare Co., Ltd (South Korea) , Bristol-Myers Squibb Company (US), Eli Lilly and Company (US), F. Hoffmann La-Roche Ltd (Switzerland), Aeglea BioTherapuetics (US)
Key Market Opportunities ·       Increasing number of pipeline products
Key Market Driver ·       Increasing prevalence of cancer




Frequently Asked Questions (FAQ) :

The Biologic Therapy Market is sized at USD 382.85 billion in 2022, and is anticipated to reach USD 998.36 billion by 2032.

The US Biologic Therapy market is anticipated to reach USD 115.67 billion in 2023 at a CAGR of 6.8% during the forecast period of 2023 to 2032.

The Biologic Therapy Market is expected to register a CAGR of 9.3% during the forecast period of 2023 to 2032.

The North America Biologic Therapy market accounted for held the largest market share and is expected to exhibit an 8.5% CAGR during the forecast period.

Samsung Biologics (South Korea), Amgen Inc (US), Novo Nordisk A/S (Denmark), Sanofi (France), Johnson & Johnson Services, Inc (US),Celltrion Healthcare Co., Ltd (South Korea), Bristol-Myers Squibb Company (US), Eli Lilly and Company (US), F. Hoffmann La-Roche Ltd (Switzerland), Aeglea BioTherapuetics (US)

The drugs segment held the majority share in 2022 contributing to around 65.0% with respect to the Biologic Therapy Market.

The monoclonal antibodies segment held the majority share in 2022 contributing to around 89.2% with respect to the Biologic Therapy Market.

The cancer segment held the majority share in 2022 contributing to around 70% with respect to the Biologic Therapy Market.

The hospitals & clinics segment held the majority share in 2022 contributing to around 52% with respect to the Biologic Therapy Market.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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