Press release
Adalimumab Biosimilar Market By Product and Service, By Application, By End User and Region: Global Industry Analysis, Share, Opportunity, Competition and Forecast 2021 to 2027 | AET BioTech, Amgen, Boehringer Ingelheim, Coherus Biosciences
The “Adalimumab Biosimilar Market” report describes in detail the demand and consumption of various products/services related to the market growth dynamics during the forecast period of 2021-2027. A detailed market assessment of the various opportunities in the market segment is expressed in terms of quantity. These are discussed in many sections, including constraints, challenges and opportunities, regional breakdown and opportunity assessment. This global Adalimumab Biosimilar Market report guarantees rich data on various market opportunities. The report includes strong research from expert analysts.The Adalimumab Biosimilar Market size is estimated to grow at a CAGR of 17.98% for 2021-2027.
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Market Overview
The impact of COVID-19 on the biosimilars market may be significant, and it has imposed a great challenge to the pharmaceutical companies focused on biosimilar development. The reduction in the FDA approval of non-COVID therapeutics during the current pandemic is expected to delay the process of product approvals and launches, thereby, hindering the market growth. Also, as most of the clinical trials have been postponed to combat the COVID-19 situation and minimize the infection among participants, most of the pipeline products are exhibiting a slow pace of research and development activities. Also, due to the lockdown and travel restrictions across the world, there is a shortage in supply chain and raw materials, which would impact biosimilar production. Thus, because of the above-mentioned factors, COVID-19 has a great impact on the market.
This report covers introduce companies associated with the Adalimumab Biosimilar Market:
AET BioTech, Amgen, Boehringer Ingelheim, Coherus Biosciences, Fujifilm Kyowa Kirin Biologics, LG Life Sciences/Mochida Pharmaceutical, Momenta Pharmaceuticals, Oncobiologics, Pfizer, Samsung Bioepsis, Sandoz, Zydus Cadila
Market segment by Type, covers
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Market segment by Application, covering
Tablet
Oral Solution
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North America Holds the Major Share and is Expected to Dominate the Biosimilars Market Over the Forecast Period
North America is anticipated to observe a significant CAGR over the forecast period in the biosimilars market. The major factors driving the growth of the studied market in the region include high incidence of chronic diseases, such as cancers, along with the increased investment in research and development activities by the major players. According to the Globocon 2020, the number of new cancer cases diagnosed was 2,281,658 in the United States in 2020, with 612,390 deaths. Among all cancers, breast cancer had the highest incidence with 253,465 cases, followed by lung (227,875), prostate (209,512), and colon (101,809).
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2021-2027) of the following regions are covered:
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
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Some of the most significant insights gathered through the business intelligence study on the global Adalimumab Biosimilar Market consists:
Key regions and leading countries in global Adalimumab Biosimilar» Market
Distribution network changes due to COVID19 pandemic
Key consumer segments are expected to drive global demand for the Adalimumab Biosimilar market regional policy framework and regulatory guidelines.
Projected CAGR in the forecast period 2021 to 2027
Analysis of historical and current consumer buying trends related to the global Adalimumab Biosimilar market.
Technological advancements and innovative products can completely change the Adalimumab Biosimilar market.
Companies that held the leading share in the market during the historic years
Table of Contents: Adalimumab Biosimilar Market
- Chapter 1: Outline of Adalimumab Biosimilar Market
- Chapter 2: Global Market Status and Forecast by Regions
- Chapter 3: Global Market Status and Forecast by Types
- Chapter 4: Global Market Status and Forecast by Downstream Industry
- Chapter 5: Market Driving Factor Analysis
- Chapter 6: Market Competition Status by Major Manufacturers
- Chapter 7: Major Producers Presentation and market Information
- Chapter 8: Upstream and Downstream Market Investigation
- Chapter 9: Fetched and Net Edge Investigation
- Chapter 10: Marketing Status Investigation
- Chapter 11: Market Report Conclusion
- Chapter 12: Research Methodology and Reference
Impact of COVID-19 on the Adalimumab Biosimilar Market:
The rise of COVID-19 has moderated showcase development; in any case, the market is continuously picking up pace due to rising lockdowns. The sudden increment in CAGR is due to the request and extension of this market, which is an ability to return to pre-pandemic levels once the widespread, is gone.
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