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Global Biosimilars Market Trends, Size, Forecast - 2019-2025

08-07-2020 02:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

global biosimilars market

global biosimilars market

The global biosimilars market is estimated to grow at a significant CAGR during the forecast period. Biosimilars are a biologic medical product that is similar to biological medicines and acts as an alternative to biomedicines. According to the Biosimilars Council, biosimilars are priced 10% to 35% lesser than branded biological medicines, and a sum of $250 billion could be saved through the application of biosimilars in the next decade.
Request a free sample of our report on Global Biosimilars Market: https://www.omrglobal.com/request-sample/biosimilars-market

Biosimilars will increase patient access to important life-saving medication by reducing overall costs in the pharmaceutical industry. The factor that contributes to the growth of the market includes the rise in the geriatric population and the growing demand for pharmaceuticals. According to the UN in 2017, approximately 962 million people were over 60 years which is projected to approximately 2.1 billion by 2050. These populations suffer from such problems and diseases that require regular treatment diagnosis, and medication. Thus, the geriatrics population is potentially the largest consumer base for key players operating in the market during the forecast period.
A full report of Global Biosimilars Market Is available at https://www.omrglobal.com/industry-reports/biosimilars-market

Global Biosimilars Market Segmentation
By Product
• Recombinant Non-Glycosylated Proteins
• Recombinant Glycosylated Proteins
By Application
• Oncology
• Chronic and Autoimmune Disease
• Blood Disorders
• Growth Hormone Deficiency
• Other Diseases
Regional Analysis
• North America
o United States
o Canada
• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Rest of the World
Company Profiles
• Allergan Plc
• AMEGA Biotech SA
• Amgen Inc.
• Biocon Ltd.
• Biogen Inc.
• Boehringer Ingelheim International GmbH
• Celltrion Healthcare Co. Ltd.
• Dr. Reddy's Laboratories Ltd.
• Eli Lilly and Co.
• F. Hoffmann-La Roche Ltd.
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/biosimilars-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting, and other research-based services.

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