Press release
Biosimilar Market Size, Share, Analysis and Forecast 2021-2026
Biosimilar Market Trends:
With the evolving regulatory framework for biosimilars, their cost has been significantly reduced as the governments of various nations have started approving their production and marketing. This has also lowered the value of the treatment for a variety of chronic diseases, including cancer, autoimmune disorders, and chronic kidney and infectious diseases. Along with this, the patent expiry of a number of blockbuster biological drugs has created positive growth prospects for the biosimilar market. Moreover, several leading companies have increased their research and development (R&D) activities to develop complex and differentiated products either through acquisitions or building their capabilities. For instance, Eagle Pharmaceuticals Inc. has acquired the private biotech company, Arsia Therapeutics Inc., to enhance its competencies in biosimilars.
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Market Segmentation
Breakup by Molecule
Infliximab
Insulin Glargine
Epoetin Alfa
Etanercept
Filgrastim
Somatropin
Rituximab
Follitropin Alfa
Breakup by Type of Manufacturing
In-house Manufacturing
Contract Manufacturing
Breakup by Indication
Auto-Immune Diseases
Blood Disorder
Diabetes
Oncology
Growth Deficiency
Female Infertility
Breakup by Region
Europe
Italy
Germany
France
United Kingdom
Spain
Rest of Europe
United States
Japan
India
South Korea
Rest of the World
Some of the major players in the market are Novartis AG (NYSE: NVS), Pfizer Inc. (NYSE: PFE), Teva Pharmaceutical Industries Ltd (NYSE: TEVA), Celltrion, Merck & Co, Samsung Bioepis, Eli Lilly, Biocon, Amgen, Dr. Reddy’s Laboratories, Boehringer Ingelheim, etc.
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Key highlights of the report:
• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Market Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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