Biosimilar Market Analysis, Revenue Share, & Forecast Till 2032

 The global biosimilar market size was USD 25.50 Billion in 2022 and is expected to register a rapid revenue CAGR of 17.9% during the forecast period. Increasing prevalence of various cancer types, such as lung cancer, blood cancer, and brain tumors, and rising number of biosimilar products receiving regulatory authority clearance are key factors driving market revenue growth.

The report covers historical revenue and sales volume, and the data is further validated to provide a forecast market estimation of the market size and sales numbers for key regions along with types and end-user applications. Moreover, the report also includes macroeconomic factors and regulatory policies pertaining to the Biosimilar industry for evaluation and predictive analysis. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario. 

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Competitive Outlook: The leading companies operating in the Biosimilar market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Biosimilar Market and Profiled in the Report are:

Novartis AG, Orion Pharma AB, Pfizer Inc., Samsung Bioepis., Coherus BioSciences, Inc., Amgen Inc., Eli Lilly and Company, Takeda Pharmaceutical Company Limited., Bristol-Myers Squibb Company, Merck KGaA, Teva Pharmaceutical Industries Ltd., Biocon., Bayer AG, AbbVie Inc., Allergan, Dr. Reddy’s Laboratories Ltd., Boehringer Ingelheim International GmbH., Biogen, Mylan Inc., and Sandoz Group AG

Objectives of the Report:

Study of the global Biosimilar market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Biosimilar market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Biosimilar market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Biosimilar market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Biosimilar Application Insights: (Revenue, USD Billion; 2019-2032)

    • Chronic and Autoimmune Diseases
    • Oncology Diseases/li>
    • Blood Disorders

  • Biosimilar Drug Class Insights: (Revenue, USD Billion; 2019-2032)

    • Monoclonal Antibodies
    • Granulocyte Colony-Stimulating Factor
    • Insulin
    • Erythropoietin
    • Recombinant Human Growth Hormone
    • Etanercept
    • Follitropin
    • Teriparatide
    • Interferons

  • Biosimilar End-use Insights: (Revenue, USD Billion; 2019-2032)

    • Hospitals Pharmacies
    • Retail Pharmacies
    • Online Pharmacies

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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