U.S. Biopharmaceutical Market Size & Outlook, 2024-2030
U.S. biopharmaceutical market, 2018-2030 (US$M)
Related Markets
U.S. biopharmaceutical market highlights
- The U.S. biopharmaceutical market generated a revenue of USD 220,166.3 million in 2024 and is expected to reach USD 341,964.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.9% from 2025 to 2030.
- In terms of segment, monoclonal antibody was the largest revenue generating molecule type in 2024.
- Hormone is the most lucrative molecule type segment registering the fastest growth during the forecast period.
Biopharmaceutical market data book summary
| Market revenue in 2024 | USD 220,166.3 million |
| Market revenue in 2030 | USD 341,964.2 million |
| Growth rate | 7.9% (CAGR from 2025 to 2030) |
| Largest segment | Monoclonal antibody |
| Fastest growing segment | Hormone |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 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, U.S. accounted for 48.7% of the global biopharmaceutical market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. biopharmaceutical market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 11,073.7 million by 2030.
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Biopharmaceutical Market Scope
Biopharmaceutical Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 66.96% in 2024. Horizon Databook has segmented the U.S. 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.
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Our clientele includes a mix of biopharmaceutical market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. biopharmaceutical market , including forecasts for subscribers. This country databook contains high-level insights into U.S. biopharmaceutical market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. biopharmaceutical market size, by molecule type, 2018-2030 (US$M)
U.S. Biopharmaceutical Market Outlook Share, 2024 & 2030 (US$M)
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