Press release
Global Similar Biological Medicinal Products Market Insights, Forecast to 2029
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In their comprehensive report, the authors have meticulously profiled both top-tier and prominent players in the global Similar Biological Medicinal Products market. Their analysis is focused on various critical aspects, encompassing overall business strategies, key markets, production methods, manufacturing styles, business tactics, and innovative sales growth strategies. The report not only highlights the current competitive landscape but also offers insights into how it has evolved in the past and is expected to change in the upcoming years. It provides a profound understanding of the existing competitive dynamics in the global Similar Biological Medicinal Products market and offers expert analyses of potential future growth strategies that market players can employ to fortify their market positions. Additionally, the report includes a detailed competitive leadership mapping and an in-depth competitive scenario analysis."
Similar biopharmaceutical products refer to a biological product that is highly similar in quality, safety and efficacy to the original drug biological preparation that has been approved for marketing. This type of drug is not a universal generic drug because the complexity of the original biological drugs (such as proteins, antibodies, etc.) they replicate and the specificity of the production process make identical replication almost impossible.
Global Similar Biological Medicinal Products market is expected to reach to US$ 29980 million in 2023, with a positive growth of %, compared with US$ 22580 million in 2022. Backed with the increasing demand from downstream industries, Similar Biological Medicinal Products industry is evaluated to reach US$ 80930 million in 2029. The CAGR will be 18.0% during 2023 to 2029.
Globally, Similar Biological Medicinal Products key manufacturers include Biotech, CITIC Guojian, Baitai Biology, Saijin Biotechnology, Fuhong Hanlin, Amgen, Eli Lilly, Sandoz and Changchun High-tech, etc. Biotech, CITIC Guojian, Baitai Biology are top 3 players and held % sales share in total in 2022.
For production bases, global Similar Biological Medicinal Products production is dominated by and . The two regions contributed to % production share globally in 2022 and the proportion will reach to % in 2029.
When considering the consumption regions, % volume of Similar Biological Medicinal Products were sold to North America, Europe and Asia Pacific in 2022. Asia Pacific is estimated to experience fast growth, with the CAGR of % during 2023 to 2029 and the sales share will be % in 2029. Moreover, China, plays a key role in the whole Similar Biological Medicinal Products market and estimated to attract more attentions from industry insiders and investors.
Similar Biological Medicinal Products can be divided into Monoclonal Antibodies, Recombinant Hormone, Immunomodulator and Anti-inflammatory Drugs, etc. Monoclonal Antibodies is the mainstream product in the market, accounting for % sales share globally in 2022 and the proportion will be % in 2029.
Similar Biological Medicinal Products is widely used in various fields, such as Blood Disorders, Growth Hormone Deficiency, Chronic and Autoimmune Diseases and Oncology, etc. Blood Disorders provides greatest supports to the Similar Biological Medicinal Products industry development. In 2022, global % sales of Similar Biological Medicinal Products went into Blood Disorders filed and the proportion will reach to % in 2029.
Report Covers:
This report presents an overview of global Similar Biological Medicinal Products market from 2018 to 2029, aiming to help readers to get a comprehensive understanding of global Similar Biological Medicinal Products market with multiple angles. Items like regional production, sales, revenue from 2018 to 2029 and manufacturers' capacity, sales, price, revenue and gross margin from 2018 to 2023 are analyzed. In addition, sales and revenue of product type and application in each region from 2018 to 2029 are also highlighted.
Manufacturers, Type, Application and Regions Listed in the Report:
By Company
Biotech
CITIC Guojian
Baitai Biology
Saijin Biotechnology
Fuhong Hanlin
Amgen
Eli Lilly
Sandoz
Changchun High-tech
Innovent Biologics
Pfizer Inc
Novartis AG
Samsung Bioepies Co., Ltd
Coherus Biosciences, Inc.
Celltrion Healthcare
Viatris
Stada Arzneimittel AG
Teva Pharmaceutical Industries Ltd
Intas Pharmaceutical Ltd
LG Life Sciences (LG Chem)
Biocon Limited
Dr. Reddy's Laboratories
BIOCAD
Segment by Type
Monoclonal Antibodies
Recombinant Hormone
Immunomodulator
Anti-inflammatory Drugs
Others
Segment by Application
Blood Disorders
Growth Hormone Deficiency
Chronic and Autoimmune Diseases
Oncology
Others
Production by Region
North America
Europe
China
Japan
Sales by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Product definition, type and application introduction
Chapter 2: Regional production volume analysis from 2018 to 2029
Chapter 3: Regional revenue and sales volume analysis from 2018 to 2029
Chapter 4: Manufacturers' sales, revenue and price analysis, including manufacturers' Similar Biological Medicinal Products plant distribution, commercial date of Similar Biological Medicinal Products, product type offered, Mergers & Acquisitions and expansion activities.
Chapter 5: Product sales, revenue and price analysis by type from 2018 to 2029 globally
Chapter 6: Product sales, revenue and price analysis by application from 2018 to 2029 globally
Chapter 7: Product sales, revenue analysis by type and application from 2018 to 2029 in US & Canada. Product sales and revenue analysis of each country in US & Canada from 2018 to 2029
Chapter 8: Product sales, revenue analysis by type and application from 2018 to 2029 in Europe. Product sales and revenue analysis of each country in Europe from 2018 to 2029
Chapter 9: Product sales, revenue analysis by type and application from 2018 to 2029 in China. Product sales and revenue analysis of China from 2018 to 2029
Chapter 10: Product sales, revenue analysis by type and application from 2018 to 2029 in Asia (excluding China). Product sales and revenue analysis of each country in Asia (excluding China) from 2018 to 2029
Chapter 11: Product sales, revenue analysis by type and application from 2018 to 2029 in Middle East, Africa and Latin America. Product sales and revenue analysis of each country in Middle East, Africa and Latin America from 2018 to 2029.
Chapter 12: Manufacturers' outline, covering company's basic information, major business, Similar Biological Medicinal Products introduction, etc. Similar Biological Medicinal Products Capacity, Sales, Revenue, Price and Gross Margin of each company from 2018 to 2023
Chapter 13: Industry chain analysis, like raw materials, manufacturing cost. Market channel, distributors and customers analysis
Chapter 14: Market opportunities and challenges analysis
Chapter 15: QYResearch's Conclusions of Similar Biological Medicinal Products
Chapter 16: Methodology and Data Sources adopted by QYResearch
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QYResearch is a leading global market research and consulting company established in 2007. With over 16 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability.
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