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Global Trastuzumab Biosimilars Market 2023: Growth, Size, Share, Trends Analysis And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the trastuzumab biosimilars market report by The Business Research Company, the rising prevalence of breast and gastric cancer contributed to the growth of the trastuzumab biosimilar market. Trastuzumab biosimilar is used in the treatment of human epidermal growth factor receptor 2 (HER2) overexpressing breast cancer and metastatic gastric cancer.
The global trastuzumab biosimilars market grew from $2.64 billion in 2022 to $3.36 billion in 2023 at a compound annual growth rate (CAGR) of 27.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The trastuzumab biosimilars market is expected to grow from $8.86 billion in 2027 at a CAGR of 27.4%.
Read More On The Trastuzumab Biosimilars Market Report Here:
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Major competitors in the trastuzumab biosimilars market include Amgen Inc., Pfizer Inc., Samsung Bioepis, Merck & Co., Biocon Limited, Mylan Inc., BioXpress Therapeutics, Celltrion, Teva Pharmaceutical Industries Ltd. and EirGenix, Inc
The trastuzumab biosimilars market is segmented -
By Product: Ogivri, Herzuma, Ontruzant, Trazimera, Other Products
By Indication: Adjuvant Breast Cancer, Metastatic Breast Cancer, Metastatic Gastric Cancer, Other Indications
By Distribution Channel: Hospital Pharmacy, Online Pharmacy
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the trastuzumab biosimilars market.
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Trastuzumab biosimilar refers to a HER2-targeted therapy drug that is designed to treat early and metastatic HER2-positive breast cancers. Trastuzumab biosimilar is a monoclonal antibody that binds to the human epidermal growth factor receptor 2 (HER2)/neu receptor and renders it inactive
The Table Of Content For The Trastuzumab biosimilars market Include:
1. Executive Summary
2. Trastuzumab Biosimilars Market Characteristics
3. Trastuzumab Biosimilars Market Trends And Strategies
4. Trastuzumab Biosimilars Market - Macro Economic Scenario
5. Trastuzumab Biosimilars Market Size And Growth
.......
27. Trastuzumab Biosimilars Market Competitive Landscape And Company Profiles
28. Trastuzumab Biosimilars Pipeline Analysis
29. Key Mergers And Acquisitions In The Trastuzumab Biosimilars Market
30. Trastuzumab Biosimilars Market Future Outlook and Potential Analysis
31. Appendix
The "Global Trastuzumab 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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