Global biologics market is estimated to be valued at USD 577.5 Mn in 2025 and is expected to reach USD 1,169.8 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 10.6% from 2025 to 2032.
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This growth is primarily driven by the increasing demand for monoclonal antibodies and recombinant proteins, which are crucial in the treatment of chronic diseases such as cancer, diabetes, and cardiovascular diseases. As the prevalence of these diseases continues to rise globally, the need for advanced biologic therapies that offer more targeted and effective treatment options becomes even more critical. Additionally, significant investments by leading pharmaceutical and biotechnology companies in R&D, particularly in the development of biosimilars and personalized biologics, are driving the market expansion.
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