Biosimilars Market Industry, Competitive Analysis, Growth Insight And Worldwide Industry Forecast

Market Industry Reports

Biosimilars Market Growth, Size, Share and Top Trends 2019-2030

Biosimilars Market by Product (Recombinant Glycosylated Proteins (Monoclonal Antibodies (Rituximab, Adalimumab, and Infliximab), Erythropoietin, and Follitropin), Recombinant Non-Glycosylated Proteins (Insulin, Granulocyte Colony Stimulating Factor, Recombinant Human Growth Hormone and Interferon (Interferon-Alpha and Interferon-Beta)), Recombinant Peptides (Glucagon and Calcitonin)), Type of Manufacturing (In-house Manufacturing, and Contract Manufacturing), Disease (Chronic Disease, Oncology, Autoimmune Disease, Blood disorders, Infectious Diseases, and Growth Hormone Deficiency) - Global Analysis & Forecast 2019-2030

Biosimilars Market Market Industry Reports (MIR) has published a new report titled “Biosimilars Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global Biosimilars market was estimated to be over US$ 4,500 Mn in 2018. It is anticipated to grow at a double digit CAGR from 2019 to 2030.

The growth of the biosimilars market can be attributed to factors such as the increasing demand for biosimilar drugs due to their cost-effectiveness and rising incidence of chronic diseases, which have led to wide-scale adoption of these products worldwide. To obtain better insights regarding the market scenario, prominent players are increasingly focusing on collaborative initiatives with several institutes and research centers. For instance, PlantForm Corporationhas signed an agreement with the University of Guelph Canada to enhance research studies in the field of biosimilars and develop new ones.

Biosimilars Market by Product (Recombinant Glycosylated Proteins (Monoclonal Antibodies (Rituximab, Adalimumab, and Infliximab), Erythropoietin, and Follitropin), Recombinant Non-Glycosylated Proteins (Insulin, Granulocyte Colony Stimulating Factor, Recombinant Human Growth Hormone and Interferon (Interferon-Alpha and Interferon-Beta)), Recombinant Peptides (Glucagon and Calcitonin)), Type of Manufacturing (In-house Manufacturing, and Contract Manufacturing), Disease (Chronic Disease, Oncology, Autoimmune Disease, Blood disorders, Infectious Diseases, and Growth Hormone Deficiency) - Global Analysis & Forecast 2019-2030 Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Biosimilars Market by Product (Recombinant Glycosylated Proteins (Monoclonal Antibodies (Rituximab, Adalimumab, and Infliximab), Erythropoietin, and Follitropin), Recombinant Non-Glycosylated Proteins (Insulin, Granulocyte Colony Stimulating Factor, Recombinant Human Growth Hormone and Interferon (Interferon-Alpha and Interferon-Beta)), Recombinant Peptides (Glucagon and Calcitonin)), Type of Manufacturing (In-house Manufacturing, and Contract Manufacturing), Disease (Chronic Disease, Oncology, Autoimmune Disease, Blood disorders, Infectious Diseases, and Growth Hormone Deficiency) - Global Analysis & Forecast 2019-2030. in detail along with the table of contents:https:// www.marketindustryreports.com/67/biosimilars-market Major Players in the Biosimilars Market The prominent players in the global biosimilars market are Pfizer, Sandoz International, Teva Pharmaceuticals, Amgen, Biocon, Dr. Reddy’s Laboratories, Celltrion, Samsung Biologics, Stada Arzneimittel AG and Mylan.

Biosimilars Market by Product (Recombinant Glycosylated Proteins (Monoclonal Antibodies (Rituximab, Adalimumab, and Infliximab), Erythropoietin, and Follitropin), Recombinant Non-Glycosylated Proteins (Insulin, Granulocyte Colony Stimulating Factor, Recombinant Human Growth Hormone and Interferon (Interferon-Alpha and Interferon-Beta)), Recombinant Peptides (Glucagon and Calcitonin)), Type of Manufacturing (In-house Manufacturing, and Contract Manufacturing), Disease (Chronic Disease, Oncology, Autoimmune Disease, Blood disorders, Infectious Diseases, and Growth Hormone Deficiency) - Global Analysis & Forecast 2019-2030

Rise in Demand of Biosimilars Due to Cost—effectiveness Over the years, the rise in demand of biosimilars has played a vital role in contributing to the growth of the global biosimilars industry. The high demand for biosimilars is attributed to their greater effectiveness and lower cost than other alternatives. Several countries, including Europe, North America, India, and other developing countries, have emerged as essential contributors to global biosimilars industry. While generic drugs have a profit margin potential of 20%, the biosimilars products is anticipated to gain a potential profit margin of 30%.

Moreover, cost of treatment by innovator drug is much higher than that by biosimilars, which has also contributed effectively to the growing demand of these products.

Download free PDF sample Copy@https://www.marketindustryreports.com/pdf/67 Biosimilars Market in Asia Pacific to Grow at Rapid Rate Asia Pacific is estimated to witness the highest CAGR in the market during the forecast period. Patent expiry of biologic products, the launch of new biosimilars, rising incidence of chronic disorders, and the emergence of new market players are anticipated to present lucrative growth opportunities to the global biosimilars market in this region. Furthermore, supportive government healthcare regulations and norms are expected to present an attractive growth prospect for the market in the coming years.

Biosimilars Market by Product (Recombinant Glycosylated Proteins (Monoclonal Antibodies (Rituximab, Adalimumab, and Infliximab), Erythropoietin, and Follitropin), Recombinant Non-Glycosylated Proteins (Insulin, Granulocyte Colony Stimulating Factor, Recombinant Human Growth Hormone and Interferon (Interferon-Alpha and Interferon-Beta)), Recombinant Peptides (Glucagon and Calcitonin)), Type of Manufacturing (In-house Manufacturing, and Contract Manufacturing), Disease (Chronic Disease, Oncology, Autoimmune Disease, Blood disorders, Infectious Diseases, and Growth Hormone Deficiency) - Global Analysis & Forecast 2019-2030 Table of content : 1

INTRODUCTION

1.1

Research Methodology

1.2

Market Definition

1.3

Market Ecosystem

1.3.1

Market Classification

1.3.2

Geographic Scope

1.3.3

Years Considered for the Study

1.3.3.1

Historical Years – 2016 & 2017

2

RESEARCH METHODOLOGY

2.1

Research Framework

2.2

Data Collection Technique

2.3

Data Sources

2.3.1

Secondary Sources

2.3.2

Primary Sources

2.4

Market Estimation Methodology

2.4.1

Bottoms Up Approach

2.4.2

Top Down Approach

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