Pharmaceuticals

Global Filgrastim Biosimilars Market Outlook, Opportunities And Strategies

November 29, 2021 by The Business Research Company

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

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The global filgrastim biosimilars market is expected to grow from $0.72 billion in 2020 to $0.77 billion in 2021 at a compound annual growth rate (CAGR) of 6.9%. 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 filgrastim biosimilars market is expected to reach $1.04 billion in 2025 at a CAGR of 8%.

Government initiatives for the development of biosimilars are expected to drive innovation in filgrastim biosimilars manufacturing, thus driving the market during the forecast period.

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The filgrastim biosimilars market consists of sales of filgrastim biosimilars and related services by entities (organizations, sole traders and partnerships) that manufacture filgrastim biosimilars. Filgrastim biosimilar treatment is used to stimulate the bone marrow to produce more neutrophils (white blood cells) to fight infection in patients undergoing chemotherapy for cancer treatment. Only goods and services traded between entities or sold to end consumers are included.

Global filgrastim biosimilars market segments include:

By Application: Oncology, Chronic And Autoimmune Diseases, Blood Disorders, Growth Hormone Deficiency, Infectious Diseases, Others

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

By Type Of Manufacturing: In-House Manufacturing, Contract Manufacturing Organization

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

Companies in the pegfilgrastim biosimilar market are increasing their product innovation through strategic collaborations. To sustain in the increasingly competitive market, companies are developing innovative products as well as sharing skills and expertise with other companies. While companies have long collaborated with each other as well as academic and research institutions in this market by way of partnerships, in or out licensing deals, this trend has been increasing over the recent years.

TBRC’s filgrastim biosimilars market report covers:

Major Market Players: Cadila Pharmaceuticals, Dr. Reddy’s Laboratories, Intas Biopharmaceuticals, Sandoz, Amgen Inc., Dr. Reddy’s Laboratories Ltd, Intas Pharmaceuticals, Emcure Pharmaceuticals Ltd., Biocon, and Aryogen Biopharma.

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 Filgrastim 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 filgrastim biosimilars market overviews, analyzes and forecasts market size, share, filgrastim biosimilars market players, filgrastim biosimilars market segments and geographies, leading competitor revenues, profiles and market shares.

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

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