Oncology Biosimilars Market 2019 Industry Growth, Top Manufacturters (Biocon, Celltrion, Dr Reddy's Laboratories, F Hoffmann-La Roche, Mylan, Sandoz) |Forecast 2023

Oncology Biosimilars Market studies similar versions of oncology biologics that are manufactured by different companies and have been officially approved for cancer treatment. Biosimilars are cost-effective molecules with the same efficacy and potency as the original reference biologic.

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This report focuses on the Oncology Biosimilars in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Cancer represents a massive burden on healthcare systems worldwide due to the high cost of treatment therapeutics. The patent expiry of several cancer therapeutics has allowed the entry of biosimilars, which are being incorporated into oncology treatment practices. Biosimilars are synthesized with the use of biologic components such as monoclonal antibodies, proteins, hormones, nucleic acids, colony stimulating factors, interleukins, and enzymes. The market offers huge growth opportunities for vendors because of the growing incidence of cancer. The clinical pipeline for cancer biosimilars is vast, featuring candidates in different stages of development. Around 30% of all the biosimilars that are awaiting the US FDA’s approval are monoclonal antibodies, including biosimilars of Avastin, MabThera, and Herceptin.

The relatively easy manufacturing of biosimilars and the license to manufacture biosimilars after the expiration of original reference biologic is acting in favor of the global oncology biosimilars market.

Global Oncology Biosimilars Market is spread across 132 pages, profiling 06 top companies and supported with tables and figures.

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Oncology Biosimilars Industry Segment by Manufacturers:
• Biocon
• Celltrion
• Dr Reddy's Laboratories
• F Hoffmann-La Roche
• Mylan
• Sandoz

Factors like the arrival of new biosimilars to drive market growth during the forecast period. Unlike generic drugs, which have APIs that are identical to original drugs, biosimilars are similar to their originator biologic compounds. Biosimilars developed by different manufacturers differ from the original product as well as from each other.

Since they are less expensive than biologics, patients will be able to afford and access biosimilars more easily than biologics. Rise in number of patent expiries, increase in prevalence of cancer, growing aging population, promising drug pipeline, need for cost-effective treatment, favorable government regulations are some of the key drivers promoting the growth of oncology biosimilars market.

The worldwide market for Oncology Biosimilars is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.

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Market Segment by Types can be divided into:
• Breast Cancer
• Blood Cancer
• Colorectal Cancer
• Non-Small
• Cell Lung Cancer
• Neutropenia
• Others

Market Segment by Applications can be divided into:
• Retail Pharmacies
• Hospitals

Market Segment by Regions, regional analysis covers:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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