Home/Reports
|
Posted 30/04/2021
Between 2013 and 2017 the market for biologicals in China almost tripled. According to law firm Hogan Lovells, the market for biologicals was expected to grow at a compound annual growth rate (CAGR) of 17% through 2022, with most of this expansion coming from monoclonal antibodies (mAbs), which are expected to grow at a CAGR of over 40% through 2022. However, according to new reports, the market has already grown three-fold between 2017 and 2021 and could grow five-fold over the next 10 years.