This strategic assessment report, from Markntel Advisors, on Biosimilars Market provides a comprehensive analysis that reflects today’s market realities and future business possibilities for the forecast period of 2022 to 2027. The report chapters analyze the industry in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the key participants and investors in identifying the low-hanging fruits available and formulating the growth strategies to expedite their growth process.
What is the Size or Growth Rate of the Biosimilars Market?
During the projection period of 2022 to 27 the Biosimilars Market is anticipated to expand at a CAGR of roughly 17%. The rising incidence of chronic diseases in various parts of the world and the increasing demand for efficient & secure drugs for their treatment are projected to be the main factors driving the market’s expansion. The demand for affordable alternatives with comparable therapeutic effects, like biologics, is rising quickly, fueling the growth of the global biosimilars market. However, the cost of treating various illnesses, such as cancer, is high and prevents many patients from receiving treatment due to affordability issues.
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Report Coverage | Details |
---|---|
Study Period | Historical Data: 2017-20 |
Base Year: 2021 | |
Forecast Period: 2022-27 | |
CAGR (2022-2027) | 17% |
Regions Covered | North America: The US, Canada, Mexico |
South America: Brazil, Rest of Latin America | |
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe | |
Asia-Pacific: China, Japan, India, South East Asia, Rest of Asia Pacific | |
Middle East & Africa: GCC, South Africa, Rest of Middle East and Africa | |
Key Companies Profiled | Amgen Inc., Biocon, Biogen Inc., Celltrion, Dr. Reddy’s Laboratories Ltd, Eli Lilly and Company, F. Hoffmann-La Roche AG, Merck & Co., Inc., Novartis International AG, Pfizer Inc., Samsung Bioepis, Others |
Unit Denominations | USD Million/Billion |
Report Table of Content
- Introduction
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- Research Process
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- Assumption
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- Market Segmentation
-
- Market Definition
- Executive Summary
- Global Biosimilars Market Trends & Insights
- Global Biosimilars Market Regulation & Policy, By Country
- Global Biosimilars Market Dynamics
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- Growth Drivers
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- Challenges
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- Impact Analysis
- Global Biosimilars Market Hotspot and Opportunities
- Global Biosimilars Market Outlook, 2017- 2027
The Regional Division of the Industry
Biosimilars Market is studied based on its regional analysis, divided across Region: –
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Of all regions globally, Europe is anticipated to dominate the Biosimilars Market with the largest share during 2022-27. It owes principally to the presence of various favorable policies across different countries like Germany, the UK, France, etc., for the development & clinical trials of Biosimilars to address different health conditions of people. This aspect is also encouraging the leading players in the regional market to indulge in various research & development activities associated with Biosimilars.
A Look into The Current Leading Companies in the Market
The Biosimilars market competitive landscape provides details of all the competitors and market players. Components included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points only relate to the companies focusing on the Biosimilars market. The major market participants and players operating in the market are: –
- – Amgen Inc.
- – Biocon
- – Biogen Inc.
- – Celltrion
- – Dr. Reddy’s Laboratories Ltd
- – Eli Lilly and Company
- – F. Hoffmann-La Roche AG
- – Merck & Co., Inc.
- – Novartis International AG
- – Pfizer Inc.
- – Samsung Bioepis
- – Others
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Market Scope Through Segmentation
The Biosimilars Market is distinctly diversified and meticulous, with segmented articulations and bifurcations. Therefore, this section’s segmentation and bifurcations are elaborated in detail, including the fluctuations, trends, and market strategies to provide the stakeholder with all the necessary information to form an informed and active decision or understanding.
Each segment is further described in the report to provide a precise and comprehensive detailed section of certain factors and intricacies fluctuating the sales and value of different components. This elaborated analysis focuses on providing the stakeholder with the necessary details to accurately understand the factors influencing each bifurcation. The Biosimilars Market is expanded across the following bifurcations:
By Product
- Recombinant Non-Glycosylated Proteins
- Human growth hormones
- Granulocyte colony-stimulating factor
- Interferons
- Insulin
- Recombinant Glycosylated Proteins
- Erythropoietin
- Monoclonal Antibodies
- Follitropin
By Application
- Growth Hormonal Deficiency
- Chronic & Autoimmune Disorders
- Hematology
- Oncology
- Others
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- A further description of the significant regions garnering the highest market share.
- Breaking the area down.
- A detailed analysis of the profiting and influential market players.
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