Global Biopharmaceutical Market Size & Outlook, 2024-2030
Global biopharmaceutical market, 2018-2030 (US$M)
Related Markets
Global biopharmaceutical market highlights
- The global biopharmaceutical market generated a revenue of USD 452,210.0 million in 2024 and is expected to reach USD 740,840.0 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 8.9% by 2030.
- In terms of segment, monoclonal antibody accounted for a revenue of USD 305,378.9 million in 2024.
- Hormone is the most lucrative molecule type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 452,210.0 million |
| Market revenue in 2030 | USD 740,840.0 million |
| Growth rate | 8.9% (CAGR from 2025 to 2030) |
| Largest segment | Monoclonal antibody |
| Fastest growing segment | Hormone |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monoclonal Antibody, Interferon, Insulin, Growth and Coagulation Factor, Erythropoietin, Vaccine, Hormone |
Other key industry trends
- In terms of revenue, the North America accounted for 54.7% of the global biopharmaceutical market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 15,856.8 million by 2030.
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Biopharmaceutical Market Scope
Biopharmaceutical Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global biopharmaceutical market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biopharmaceutical market will help companies and investors design strategic landscapes.
Monoclonal antibody was the largest segment with a revenue share of 67.53% in 2024. Horizon Databook has segmented the Global biopharmaceutical market based on monoclonal antibody, interferon, insulin, growth and coagulation factor, erythropoietin, vaccine, hormone covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Biopharmaceutical Molecule Type Outlook (Revenue, USD Million, 2018-2030)
- Monoclonal Antibody
- Interferon
- Insulin
- Growth and Coagulation Factor
- Erythropoietin
- Vaccine
- Hormone
- Others
- Global Biopharmaceutical Disease Outlook (Revenue, USD Million, 2018-2030)
- Oncology
- Blood Disorder
- Metabolic Disease
- Infectious Disease
- Cardiovascular Disease
- Neurological Disease
- Immunology
- Other Applications
- Global Biopharmaceutical Drug Type Outlook (Revenue, USD Million, 2018-2030)
- Proprietary (Branded)
- Biosimilars
- Global Biopharmaceutical Drug Development Outlook (Revenue, USD Million, 2018-2030)
- Outsource
- In-house
- Global Biopharmaceutical Formulation Outlook (Revenue, USD Million, 2018-2030)
- Injectables (IV, IM, SC)
- Inhalation/Nasal Sprays
- Other Formulations
- Global Biopharmaceutical Route of Administration Outlook (Revenue, USD Million, 2018-2030)
- Parenteral (IV, IM, SC)
- Inhalation/Nasal
- Other Routes
- Global Biopharmaceutical Prescription Type Outlook (Revenue, USD Million, 2018-2030)
- Prescription Medicines
- Over-the-counter (OTC) Medicines
- Global Biopharmaceutical Sales Channel Outlook (Revenue, USD Million, 2018-2030)
- Retail Pharmacies
- Non-retail
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global biopharmaceutical market databook
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Our clientele includes a mix of biopharmaceutical market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global biopharmaceutical market , including forecasts for subscribers. This global databook contains high-level insights into Global biopharmaceutical market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global biopharmaceutical market size, by regions, 2018-2030 (US$M)
Top 10 countries: Biopharmaceutical market size, 2024 (US$M)
Global biopharmaceutical market share, by molecule type, 2024 & 2030 (%, US$M)
Biopharmaceutical market: Opportunity assessment by country
Global biopharmaceutical market, by region, 2024 (US$M)
Related regional statistics
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