Global Biosimilars Market Industry, Size, Share, Growth, Trends and Forecast, 2019–2029 January 2021
Copyright © PROPHECY MARKET INSIGHTS 2021, All Rights Reserved
Report Snippet Chapter 1 : Table of Contents
Chapter 2: Market Purview
Chapter 3: Market Dynamics
Chapter 4: Global Biosimilars Market, By Product Class
Chapter 5: Global Biosimilars Market, By Application
Chapter 6: Global Biosimilars Market, By Region
Chapter 7: Competitive Analysis
Chapter 8: Company Profiles
Chapter 9: Future of Market
Chapter 10: About Us
Copyright © PROPHECY MARKET INSIGHTS 2021, All Rights Reserved
Market Segmentation
Global Biosimilars Market
By Application
By Product Class
Monoclonal Antibodies Recombinant Hormones Immunomodulators Anti-inflammatory Agents
By Region
Blood Disorders Growth Hormonal Deficiency Chronic and Autoimmune Disorders Oncology Other Applications
North America Europe Asia Pacific Latin America Middle East & Africa
Copyright © PROPHECY MARKET INSIGHTS 2021, All Rights Reserved
Executive Summary (1/5) Table 2.1: Global Biosimilars Market Overview
Parameters
2019 (E)
2029 (F)
Global Biosimilars Market Value (US$ Bn)
9.0 Bn
xxBn
Monoclonal Antibodies: XXX.X
Monoclonal Antibodies: XXX.X
By Product Class Value (US$ Mn)
Segment
with
Largest
By Product Class Segment CAGR (%)-2019-2029
with
Highest
By Application Value (US$ Mn)
Segment
with
Largest
By Application Segment with Highest CAGR (%)-2019-2029 By Region (US$ Mn)
Segment
with
Largest
Value
By Region Segment with Highest CAGR (%)2019-2029
CAGR- XX.X Oncology : XXX.X
Oncology : XXX.X
CAGR- XX.X North America : XXX.X
North America : XXX.X
Asia Pacific: CAGR- XX.X
Copyright © PROPHECY MARKET INSIGHTS 2021, All Rights Reserved
Executive Summary (2/5) Table 2.2: Global Biosimilars Market Overview
Key Market Players:
Pfizer Inc. Eli Lilly and Company Mylan NV Novartis AG Teva Pharmaceutical Intas Samsung Biologics Co. Ltd Amgen Celltrion Inc. STADA Arzneimittel Aktiengesellschaft
Copyright © PROPHECY MARKET INSIGHTS 2021, All Rights Reserved
Executive Summary (3/5) Description
Figure 2.1: Global Biosimilars (%), By Product Class – 2019 (E)
The global biosimilars market was valued at USD 7,091.40 million in 2018, and is expected to reach a value of USD 30,109.95 million by 2024.
Value
Share
Monoclonal Antibodies Recombinant Hormones
The market is also expected to register a CAGR of 27.29%, during the forecast period. Several factors may be associated with the growth of the biosimilars market, such as several blockbuster biopharmaceuticals that are going off-patent over the next five to ten years, high growth potential, and increasing demand for biosimilar drugs due to their cost effectiveness.
Market
Immunomodulato rs
Figure 2.2: Global Biosimilars (%), By Application – 2019 (E)
Market
Value
Share
Blood Disorders Growth Hormonal Deficiency Chronic and Autoimmune Disorders Oncology
Copyright © PROPHECY MARKET INSIGHTS 2021, All Rights Reserved
Executive Summary (4/5) Figure 2.3: Global Biosimilars (%), By Region – 2019 (E)
Market
Value
Share
North America
XX.X%
Europe
Latin America
Asia Pacific
Middle East & Africa
Analysis and Outcome
On region the global immune health supplements market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The European region is dominating the immune health supplements market followed by the Asia Pacific.
The United States entered this market only in 2015, when the first drug, Zarxio, manufactured by Sandoz, was approved by the FDA. In April 2017, the FDA approved the fifth biosimilar, RENFLEXIS (infliximab abda), under a global biosimilars development and commercialization agreement between Merck and Samsung Bioepis Co. Ltd. Due to this aggressive strategy from both manufacturers and regulatory authorities, the size of the US biosimilar segment skyrocketed over the last two years. This trend of growth is expected to continue over the forecast period, as a huge number of blockbuster drugs, which garner sales of billions of US dollars, are about to lose their patents during the next two to three years.
The recent patent expiration of major biologics has significantly helped the biosimilars business across the United Kingdom. past three years have observed Copyright © The PROPHECY MARKET INSIGHTS 2021, All Rights Reserved consistent growth in the sales of renowned
Executive Summary (5/5) Market at Glance
27.29%
xxBn
CAGR 019-2029
2029
9.0Bn 2019
Copyright © PROPHECY MARKET INSIGHTS 2021, All Rights Reserved
Chapter 3
Market Dynamics
Copyright © PROPHECY MARKET INSIGHTS 2021, All Rights Reserved
About Us Disclaimer The material is based on sources which we believe are reliable, but no warranty, either expressed or implied, is provided in relation to the accuracy or completeness of the information. The views expressed are our best judgment as of the date of issue and are subject to change without notice. Prophecy Market Insights takes no responsibility for decisions made on the basis of these opinions. Any redistribution of this information is strictly prohibited. Copyright © 2019 Prophecy Market Insights pvt. Ltd , all rights reserved. Legal and Copyright Notices While the editors endeavor to ensure the accuracy of all information and data contained in this Market Research Report, neither they nor Prophecy Market Insights Pvt. Ltd. accept responsibility for any loss or damage (whether direct or indirect) whatsoever to the customer or any third party resulting or arising there from. All rights reserved. No part of this publication may be reproduced or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or information storage and retrieval systems without permission of the publisher. Disclaimer: Prophecy market Insights Pvt. Ltd attempts to ensure that the information provided in our market research reports is as accurate and complete as possible, the quantity of detailed information used and the fact that some of the information (which cannot always be verified or validated) is supplied by third parties and sources not controlled by prophecy market Insights Pvt. ltd means that we cannot always guarantee the accuracy, completeness or originality of the information in some reports, and we are therefore not responsible for any errors or omissions in those reports. The recipients of these reports are responsible for determining whether the information contained therein is sufficient for use and shall use their own skill and judgement when choosing to rely upon the reports Copyright © PROPHECY MARKET INSIGHTS 2021, All Rights Reserved
To know more about us, please visit our website:
www.prophecymarketinsights.com For sales queries or new topics email us on:
sales@prophecymarketinsights.com For other queries contact:
Shweta R Email: shweta.r@prophecymarketinsights.com (Global Head - Business Development)
Prophecy Market Insights Email: sales@prophecymarketinsights.com