Medical Health & Life Science Research News

Asian biopharmaceuticals market is expected to witness fastest growth (10.6% CAGR) globally during 2015 – 2020 available in new report

The global biopharmaceuticals market was valued at $ 160,440.4 million in 2014, and it is expected to grow with a CAGR of 9.6% during the period 2015 - 2020.

- Advertisement -
- Membership expired -

The global biopharmaceuticals market Make an Inquiry about this news is increasing, due to growing aging population. In addition, the increasing healthcare investments   around the world are propelling the increase in R&D investments, which is fuelling the growth of the global biopharmaceuticals market.

Furthermore, the increasing prevalence of chronic diseases due to unhealthy lifestyle, poor diet, excess alcohol consumption, and lack of physical activity is also contributing to the growth in demand of biopharmaceuticals globally. On the basis of types, the global recombinant human insulin market segment is expected to witness fastest growth during the forecast period.

- Advertisement -
- Membership expired -
Among the application segment,   the oncology segment accounted for the largest market in the global biopharmaceuticals market in 2014; and is expected to witness fastest growth, with 11.1% CAGR during the period 2015 – 2020.

Explore Report with Detailed TOC on “Global Biopharmaceuticals Market” at: www.psmarketresearch.com/market-an…aceuticals-market Make an Inquiry about this news

The R&D investments in formulation and development of a drug have increased, due to the growing demand for prevention, treatment, and complete curative options for various diseases. Many pharmaceutical companies are focusing on developing more effective products to treat life-threatening diseases and encourage patients to live healthier lives with reduced disabilities.

Also, the aging population is increasing rapidly around the world. The increasing aging population is propelling the growth of the global biopharmaceuticals market, as the pool of elder population is more prone to illness due to low immunity levels, and high recovery time consumption.

The technological advancements in biopharmaceuticals have transformed treatment options for many diseases in the recent years. The technological advancements in biopharmaceuticals help to increase the chances of survival for cancer patients, curing hepatitis, and recovery of patients with arthritis.

Download Sample Pages at: www.psmarketresearch.com/market-an…ket/report-sample Make an Inquiry about this news

The key companies operating in the global biopharmaceuticals market include AbbVie Inc, Sanofi, Eli Lilly and Company, Pfizer Inc., Abbott Laboratories, AstraZeneca PLC, Novartis AG, Biogen Idec , Bristol-Myers Squibb Company and Amgen Inc.

News From

P&S Market ResearchP&S Market Research
Category: Market Research Publishers and RetailersCompany profile: PS Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries. With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our pub ...

For more information:

Make an Inquiry about this report HERE!
  • www.psmarketresearch.com
  • www.psmarketresearch.com/send-enqu…aceuticals-market
  • www.psmarketresearch.com/industry-…t/pharmaceuticals
  • www.linkedin.com/company/p&s-market-research
  • plus.google.com/+Psmarketresearch
  • www.psmarketresearch.com/market-an…aceuticals-market