Pharmaceuticals

Global Adalimumab, Infliximab and Etanercept Biosimilars Market Size, Forecasts, And Opportunities

November 22, 2021 by The Business Research Company

Learn about the global adalimumab, infliximab and etanercept biosimilars market through The Business Research Company, which provides information on adalimumab, infliximab and etanercept biosimilars market size, adalimumab, infliximab and etanercept biosimilars market drivers and restraints, adalimumab, infliximab and etanercept biosimilars market players, the COVID-19 impact on the adalimumab, infliximab and etanercept biosimilars market, and more.

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The global adalimumab, infliximab and etanercept biosimilars market is expected to grow from $2.21 billion in 2020 to $3.02 billion in 2021 at a compound annual growth rate (CAGR) of 36.7%. 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 adalimumab, infliximab and etanercept biosimilars market is expected to reach $12.2 billion in 2025 at a CAGR of 42%.

The patent expiry of branded drugs are expected to drive innovation in adalimumab, infliximab and etanercept biosimilars manufacturing, thus driving the market during the forecast period.

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The adalimumab, infliximab and etanercept biosimilars market consists of sales of adalimumab, infliximab and etanercept biosimilar drugs by the companies that manufacture these biosimilars. Adalimumab, infliximab and etanercept biosimilar molecules are bioequivalent to original reference molecules such as Humira, Remicade and Enbrel, respectively.

Global adalimumab, infliximab and etanercept biosimilars market segments include:

By Product: Adalimumab Biosimilars (Exemptia, Mabura, Hyrimoz, Hadlima, Abrilada, Others), Infliximab Biosimilars (Inflectra, Renflexis, Ixifi, Avsola), Cipleumab (Erelzi, Eticovo)

By Application: Crohn’s Disease, Psoriatic Arthritis, Rheumatoid Arthritis, Ulcerative Colitis, Ankylosing Spondylitis, Plaque Psoriasis, Others

By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The brand versions of biosimilar drugs are of high costs, which are now being replaced with biosimilar versions upon their patent’s expiry. The cost of branded biologic drugs almost doubled in recent years.

TBRC’s adalimumab, infliximab and etanercept biosimilars market report covers:

Major Market Players: Zydus Cadila, Sandoz (Novartis), Samsung Bioepis, AbbVie, Amgen, Boehringer Ingelheim, Pfizer, Celltrion, and Mylan.

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)

The Adalimumab, Infliximab and Etanercept Biosimilars 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 adalimumab, infliximab and etanercept biosimilars market overviews, analyzes and forecasts market size, share, adalimumab, infliximab and etanercept biosimilars market players, adalimumab, infliximab and etanercept biosimilars market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s adalimumab, infliximab and etanercept biosimilars market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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