The global biological therapies market size is calculated at US$ 458.47 billion in 2024, grew to US$ 501.71 billion in 2025, and is projected to reach around US$ 1107.66 billion by 2034. The market is expanding at a CAGR of 9.35% between 2025 and 2034.
Rising investment in gene and cell therapies: Gene and cell therapies are gaining attention due to their therapeutic potential in treating cancer and rare diseases. Due to this, key players and government organizations are investing in developing gene and cell therapies to provide personalized medicine.
For instance,
In June 2025, recently, the Pondicherry Institute of Medical Sciences (PIMS) unveiled a new biological therapy for asthma sufferers as well as a state-of-the-art medical intensive care unit. Patients with severe eosinophilic asthma, particularly those who have long struggled with uncontrolled symptoms despite standard treatments, can have their lives significantly improved by the innovative modality with Benralizumab, according to Antonious Maria Selvam, Head of the Department of Respiratory Medicine at PIMS.
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