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Global Biosimilars Market Size, Facts & Figures, Segmentation Analysis, Business Opportunities And Demand Report 2023 -2032 || Key Players - Pfizer, Amgen, Biocon, Celltrion, Dr. Reddy's Laboratories
Biosimilars Market
As per the biosimilars market report by The Business Research Company, the rising prevalence of chronic diseases such as arthritis, asthma, and cancer is expected to be a major driver of the biosimilars market. Long working hours, limited physical activity, and unhealthy eating and drinking habits contribute to the prevalence of chronic diseases and biosimilars are increasingly used to treat these chronic diseases. The global burden of chronic disease is expected to reach about 60%. Therefore, the rise in the prevalence of chronic diseases is projected to propel the demand for biosimilars, thus driving the biosimilars market.
The global biosimilars market grew from $19.1 billion in 2022 to $23.28 billion in 2023 at a compound annual growth rate (CAGR) of 21.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The biosimilars market is expected to grow from $47.82 billion in 2027 at a CAGR of 19.7%.
Read More On The Biosimilars Market Report Here:
https://www.thebusinessresearchcompany.com/report/biosimilar-global-market-report
Major competitors in the biosimilars market include Pfizer, Amgen, Biocon, Celltrion, Dr. Reddy's Laboratories, Boehringer Ingelheim, Elli Lilly and Company, Mylan N.V., Sanofi, STADA Arzneimittel, Sandoz International, Samsung Bioepis.
The biosimilars market is segmented -
• By Product: Recombinant Non-glycosylated Proteins, Recombinant Glycosylated Proteins
• By Types: Human Growth Hormone, Erythropoietin, Monoclonal antibodies, Insulin, Interferon, Granulocyte-Colony Stimulating Factor, Other Types
• By Application: Oncology, Chronic and Autoimmune Diseases, Growth Hormone Deficiency, Infectious Diseases, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the biosimilars market.
Request A Free Sample Of The Biosimilars Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2807&type=smp
The biosimilars market consists of sales of binocrit, epoetin alfa hexal, and abseamed. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Biosimilars Market Include:
1. Executive Summary
2. Biosimilars Market Characteristics
3. Biosimilars Market Trends And Strategies
4. Biosimilars Market - Macro Economic Scenario
5. Biosimilars Market Size And Growth
6. Biosimilars Market Segmentation
…………
28. Biosimilars Pipeline Analysis
29. Key Mergers And Acquisitions In The Biosimilars Market
30. Biosimilars Market Future Outlook and Potential Analysis
31. Appendix
The "Global Biosimilars Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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