Take Up Global Biosimilars Market Opportunities With Clear Industry Data – Includes Biosimilars Market Size
The Business Research Company’s report goes into great detail on the biosimilars market size and growth, biosimilars market regional analysis, biosimilars market competitive landscape, and other critical information needed to excel in the biosimilars industry.
Major players in the biosimilars market include Amgen, Pfizer, Novartis AG, Viatris, Samsung Bioepis Co., Ltd.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The biosimilars market is expected to grow from $11.41 billion in 2021 to $25.98 billion in 2026 at a rate of 17.3%. The market is then expected to grow at a CAGR of 18.0% from 2026 and reach $59.55 billion in 2031.
Western Europe was the largest region in the global biosimilars market, accounting for 71.06% of the total in 2021.
The biosimilars market consists of sales of biosimilars and related services that are used to treat chronic diseases such as diabetes, arthritis, and cancer. Biosimilars are pharmaceuticals that are proteins and are expressed in mammalian cell lines using cell lines and have been shown to offer no clinical difference compared to approved biologics. Biosimilars are made once the patent of the original biologic has expired.
High penetration of the biologics is expected to be a driver of market growth during this period. Pharmaceutical companies are shifting towards originator biologics and competitive biosimilar drug development.
The increasing adoption and use of robotics and artificial intelligence (AI) are key trends gaining popularity in the biosimilars market. Artificial intelligence is intelligence demonstrated by machines and is highly versatile.
TBRC’s global biosimilars market report is segmented:
By Type: Human Growth Hormone, Erythropoietin, Monoclonal Antibodies, Insulin, Interferon, Granulocyte-Colony Stimulating Factor, Others
By Application: Oncology, Chronic and Autoimmune Diseases, Growth Hormone Deficiency, Infectious Diseases, Others
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Biosimilars Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the biosimilars market globally and regionally, analyzes and forecasts market size, share, biosimilars market players, biosimilars market segments, leading competitor revenues, profiles and market shares.
Here Is A List Of Similar Reports From The Business Research Company:
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