The Global Biosimilar Monoclonal Antibodies Market Report by The Business Research Company covers biosimilar monoclonal antibodies market drivers and restraints, biosimilar monoclonal antibodies market size, major players, and the impact of COVID-19 on the biosimilar monoclonal antibodies market.
The biosimilar monoclonal antibodies market consists of sales of biosimilar monoclonal antibodies and related services by entities (organizations, sole traders and partnerships) that produce biosimilar monoclonal antibodies, which are used to treat patients with chronic diseases such as cancer, rheumatoid arthritis, and autoimmune disease. Biosimilar monoclonal antibodies are highly similar to actual monoclonal antibodies in terms of pharmaceutical quality, safety, and efficacy, and are used to boost immunity by identifying and neutralizing foreign bodies. The market consists of revenue generated by the biosimilar monoclonal antibodies companies by the sales of these products.
The prevalence of chronic diseases is expected to drive the biosimilar monoclonal antibodies market. The global biosimilar monoclonal antibodies market is expected to grow from $3.52 billion in 2020 to $4.33 billion in 2021 at a compound annual growth rate (CAGR) of 23%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The biosimilar monoclonal antibodies market is expected to reach $10.92 billion in 2025 at a CAGR of 26%.
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Some biosimilar monoclonal antibodies market trends include mergers and acquisitions to acquire more production capabilities. Large prime manufactures are forming joint ventures or buying small or midsized companies to acquire new capabilities, or to gain access to new markets.
Global biosimilar monoclonal antibodies market segments include:
1) By Type: Synthetic Chemicals, Biopharmaceuticals, Others.
2) By Application: Chronic & Autoimmune Diseases, Oncology, Others.
3) By Compound: Infliximab, Rituximab, Abciximab, Trastuzumab, Adalimumab, Bevacizumab.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Biosimilar Monoclonal Antibodies Global Market Report 2021: COVID-19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provides biosimilar monoclonal antibodies market overviews, analyzes and forecasts market size, share, biosimilar monoclonal antibodies market players, biosimilar monoclonal antibodies market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The biosimilar monoclonal antibodies identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Biosimilar Monoclonal Antibodies Global Market Report 2021: COVID-19 Growth And Change To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Pfizer, Novartis, Allergan, Coherus BioSciences, Biocon, Amgen, Boehringer Ingelheim, Celltrion, BioXpress Therapeutics, Intas Pharmaceuticals Limited, Genor BioPharma Co. Ltd, BIOCAD, Dr. Reddys Laboratories Ltd, 3SBio.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Biosimilar Monoclonal Antibodies Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Biosimilar Monoclonal Antibodies Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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