Biopharma

Biopharma 2024: A Year of Growth & Innovation – Pioneering Therapies for a Healthier Future

Highlights of the report

The global pharmaceutical manufacturing market is valued at USD 576.54 billion in 2024 and is expected to grow to USD 1,905.76 billion by 2034, with a 12.7% annual growth rate. This growth is mainly driven by increased demand for biopharmaceuticals and new drug production technologies.

Biopharma 2024: Breakthrough Innovations Driving Growth

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 In 2024, biotech investments surged, showing growing confidence in AI’s potential to transform drug discovery, diagnostics, and biomanufacturing, leading to faster and more affordable treatments.

The AI pharmaceutical market is projected to grow from USD 1.94 billion in 2025 to USD 16.49 billion by 2034, growing at a rate of 27% annually. This is fueled by AI’s role in drug discovery, clinical trials, and  personalized medicine, particularly in North America.

The global biotechnology market is expected to grow USD 546 billion in 2025, reflecting an annual growth of 13%. This growth is driven by personalized medicine, biologic drugs, and advancements in AI and machine learning.

Executive Summary
– Key Highlights
– Market Overview
– Technological Trends
– M&A
– R&D
– Therapy Area
– Oncology
– Immunology
– Diabetes
– Cardiovascular
– CNS
– CrispIdea Outlook
– Conclusion
– Index and Stock Performance
Key Players:
– AbbVie Inc
– Sanofi SA
– Dr Reddy’s Laboratories Ltd
– Regeneron Pharmaceuticals Inc
– Eli Lilly And Co
– Moderna Inc
– GlaxoSmithKline
– Stryker Corp
– Bausch Health Companies Inc
– Zoetis Inc
– Amgen, Inc.
– Pfizer Inc.
– Tilray Brands Inc
– BioNTech SE – ADR
– Gilead Sciences, Inc.
– Biogen Inc
– Teva Pharmaceutical Industries Ltd
– Bayer
– AstraZeneca plc
– Johnson & Johnson
– Merck & Co
– Vertex Pharmaceuticals

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Biopharma 2024: A Year of Growth & Innovation – Pioneering Therapies for a Healthier Future

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