Biosimilar Market By Manufacturing Type Analysis (In-house Manufacturing, Contract Manufacturing Organizations); By Application Analysis (Oncology, Blood Disorders, Chronic & Autoimmune Diseases, Growth Hormone Deficiency, Infectious Diseases); By Product Analysis (Recombinant Non-Glycosylated Proteins, Recombinant Glycosylated Proteins, Recombinant Peptides) and By Regional Analysis – Global Forecast by 2023-2028
The Biosimilar Market is expected to be around US$ 68 Billion by 2028 at a CAGR of 31% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
31
REPORT DESCRIPTION
A biosimilar is a biologic remedial item which is right around an indistinguishable duplex of a unique item that is made by an alternate company. Biosimilars are formally affirmed variants of unique "trailblazer" items, and can be fabricated when the first item's patent lapses or gets due. Biosimilars are created in living cells with a multi-step procedure.They should be taken care of and controlled under precisely checked conditions. Biosimilars are utilized to forestall, treat, analyze, or cure an assortment of genuine and ceaseless sicknesses including malignancy, unending kidney illness, immune system issue, and irresistible maladies. The biosimilar market is fragmented on the premise of item, assembling sort, and application. Research and development in biosimilar markets and new signs and patent expiry of biologic items has opened globally a new gate of chances for players in the biosimilar market.
How Big is the Global Biosimilar Market?
The Biosimilar Market is expected to be around US$ 68 Billion by 2028 at a CAGR of 31% in the given forecast period.
The major driving factors of Biosimilar Market are as follows:
The restraining factors of Biosimilar Market are as follows:
The Biosimilar Market issegmented on the lines of its product, application, manufacturing type and regional. Based on product segmentation it covers recombinant non-glycosylated proteins, recombinant glycosylated proteins, recombinant peptides. Based on application segmentation it covers oncology, blood disorders, chronic & autoimmune diseases, growth hormone deficiency, infectious diseases, other applications. Based on manufactured type it covers in-house manufacturing, contract manufacturing organizations. TheBiosimilar Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Biosimilar Market and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Biosimilar Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets onBiosimilar Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Sandoz International GmbH (Germany), Pfizer Inc. (U.S.), Teva Pharmaceuticals Industries Ltd. (Israel), Amgen Inc. (U.S.), Dr. Reddy’s Laboratories Ltd. (India), Samsung Bioepis (South Korea), F. Hoffmann-La Roche Ltd. (Switzerland), Celltrion, Inc. (South Korea), and Biocon Ltd. (India). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Biosimilar Market has been segmented as below: (Accordingly)
By Manufacturing Type Analysis:
By Application Analysis:
By Product Analysis
By Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Biosimilar Market .
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Biosimilar Market data.
4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Secondary Data
2.1.1 Key Data From Secondary Sources
2.2 Primary Data
2.2.1 Key Data From Primary Sources
2.3 Biosimilars Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Biosimilars Market Breakdown & Data Triangulation
2.5 Assumptions for the Study
3 Executive Summary
3.1 Introduction
3.2 Conclusion
4 Premium Insights
4.1 Biosimilars: Market Overview
4.2 Geographic Analysis: Biosimilars Market, By Product
4.3 Biosimilars Market Size, By Application, 2018 vs 2024
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Incidences of Diseases
5.2.1.2 Increasing Demand for Biosimilar Drugs Due to Their Cost-Effectiveness
5.2.1.3 Growing Pressure to Curtail Healthcare Expenditure
5.2.1.4 Rising Geriatric Population
5.2.1.5 Strategic Collaborations Resulting in Enhanced Productivity and Clinical Trial Activities for Biosimilars
5.2.1.6 Increasing Government Support and Initiatives to Develop and Promote Biosimilars
5.2.2 Restraints
5.2.2.1 Complexities in Manufacturing and High Costs
5.2.2.2 Innovative Strategies By Biologic Drug Manufacturers
5.2.3 Opportunities
5.2.3.1 Emerging Markets
5.2.3.2 New Indications and Patent Expiry of Biologic Products
5.2.4 Challenge
5.2.4.1 Stringent Regulatory Requirements to Adversely Affect Investments in Biosimilars
5.3 Key Pipeline Products
5.4 Regulatory Outlook
5.4.1 North America
5.4.1.1 U.S.
5.4.1.2 Canada
5.4.2 Europe
5.4.3 Asia
5.4.3.1 China
5.4.3.2 India
5.4.3.3 Japan
5.4.3.4 South Korea
5.4.4 Rest of the World
5.4.4.1 Brazil
5.4.4.2 Mexico
5.4.4.3 Argentina
5.4.4.4 Saudi Arabia
5.5 Biosimilars Services Industry Insights
5.5.1 Introduction
5.5.2 Contract Manufacturing Organizations
5.5.3 Contract Research Organizations
5.5.4 Other Services (Nonclinical & Bioinformatics)
6 Biosimilars Market, By Type of Product
6.1 Introduction
6.2 Recombinant Non-Glycosylated Proteins
6.2.1 Insulin
6.2.2 Recombinant Human Growth Hormone (RHGH)
6.2.3 Granulocyte Colony-Stimulating Factor (Filgrastim)
6.2.4 Interferons
6.3 Recombinant Glycosylated Proteins
6.3.1 Erythropoietin (EPO)
6.3.2 Monoclonal Antibodies (MABS)
6.3.3 Follitropin
6.4 Recombinant Peptides
6.4.1 Glucagon
6.4.2 Calcitonin
7 Biosimilars Market, By Type of Manufacturing
7.1 Introduction
7.2 In-House Manufacturing
7.3 Contract Manufacturing Organizations
8 Biosimilars Market, By Application
8.1 Introduction
8.2 Oncology
8.3 Chronic and Autoimmune Diseases
8.4 Blood Disorders
8.5 Growth Hormone Deficiency
8.6 Infectious Diseases
8.7 Other Applications
9 Biosimilars Market, By Region
9.1 Introduction
9.2 North America Biosimilars Market
9.2.1 U.S.
9.2.2 Canada
9.3 Europe Biosimilars Market
9.3.1 Germany
9.3.2 France
9.3.3 U.K.
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Biosimilars Market
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 South Korea
9.4.5 Rest of Asia (RoA)
9.5 Rest of the World (RoW) Biosimilars Market
10 Competitive Landscape
10.1 Overview
10.2 Biosimilars Market Market Share Analysis
10.3 Competitive Situation and Trends
10.3.1 Regulatory Approvals
10.3.2 Agreements, Collaborations, and Partnerships
10.3.3 Product Launches
10.3.4 Acquisitions
10.3.5 Expansions
10.3.6 Other Developments
11 Company Profiles
11.1 Introduction
11.2 Pfizer Inc.
11.3 Sandoz International GmbH (A Division of Novartis International AG)
11.4 Teva Pharmaceutical Industries Ltd.
11.5 F. Hoffmann-La Roche Ltd.
11.6 Amgen Inc.
11.7 Biocon Ltd.
11.8 Dr. Reddy's Laboratories
11.9 Celltrion Inc.
11.10 Mylan Inc.
11.11 Samsung Bioepis
The Biosimilar Market has been segmented as below: (Accordingly)
By Manufacturing Type Analysis:
By Application Analysis:
By Product Analysis
By Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
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