The Global Biopharmaceuticals Market was valued at USD xx billion in 2019 and is projected to reach a market value of USD xx billion by 2025 at a CAGR of xx %. Biopharmaceuticals are substances that are produced using living organisms, such as microorganisms and animal cells, and have a high-therapeutic value. These large and complex molecular drugs are also known as biologics and biotech drugs.The global biopharmaceuticals market is driven by various factors, such as increase in elderly population, surge in prevalence of chronic diseases such as cancer and diabetes, and increase in adoption of biopharmaceuticals globally. Furthermore, rise in strategic collaborations among biopharmaceuticals companies is also anticipated to supplement the growth of the biopharmaceuticals industry. The market is segmented by Type, by Therapeutic Application and by Geography.