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Exponential Growth in the Global Remicade Biosimilar Market: Unveiling the Key Players, Market Size, and Emerging Trends
"Astonishing Upsurge in the Remicade Biosimilar Market Analysis - From $3.95 Billion in 2024 to an Estimated $11.07 Billion by 2029
What Is The Projected Market Size Of The Global Remicade Biosimilar Market And Its Growth Rate?
• Remicade Biosimilar market has expanded dramatically in recent years, growing from $3.95 billion in 2024 to $4.93 billion in 2025.
• This increment reflects an impressive CAGR of 24.9%.
• The substantial growth can be linked to the introduction of remicade (infliximab), advancements in biotechnology, biologics patent expiry, established regulatory pathways, and healthcare cost pressures.
• Over the next few years, the market is expected to witness exponential growth, reaching $11.07 billion in 2029 with a CAGR of 22.4%.
• This forthcoming growth can be attributed to patent expirations, rising demand for cost-effective therapies, development of the biosimilar pipeline, change in reimbursement policies, and market consolidation.
What Is Driving The Growth In The Remicade Biosimilar Market?
The dramatic increase in autoimmune diseases is expected to significantly boost the Remicade Biosimilar market. Autoimmune diseases result when the immune system erroneously attacks and damages the body's tissues and organs. Remicade biosimilars are utilized for treating autoimmune diseases by providing an effective therapeutic option to manage symptoms and reduce inflammation. For instance, data from Public Health Scotland reveals that in 2022, newly diagnosed patients with multiple sclerosis (MS) increased to 87.2%, up from 85.7% in 2020. Consequently, the surge in autoimmune diseases is driving the Remicade Biosimilar market's expansive growth.
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Who Are the Key Players Driving Remicade Biosimilar Market Growth?
Some of the major market drivers include:
• Novartis AG
• Amgen Inc
• Viatris Inc.
• Teva Pharmaceutical Industries Ltd.
• Biogen Inc.
• Merck And Co. Inc.
• LG Chem Ltd.
• Nippon Kayaku Co. Ltd.
• Celltrion Inc.
• Nichi-iko Pharmaceutical Co. Ltd.
• Biocon Limited
• Alvotech S.A.
• MabPharm Ltd.
• Genor Biopharma Co. Ltd
• Shanghai Biomabs Pharmaceuticals Co. Ltd.
• Samsung Bioepis Co. Ltd.
• Biocad Biopharmaceutical Co
• EPIRUS Biopharmaceuticals Inc.
• Ranbaxy Laboratories Limited
• BioXpress Therapeutics SA
• Mabion S.A
What Are The Key Trends In The Remicade Biosimilar Market?
Key market trends include:
• Changes in physician prescribing behavior
• Effective lifecycle management of biosimilars
• Naming conventions for biosimilars
• Increased understanding of biosimilar interchangeability
• Real-world evidence of biosimilars
What Are The Segments Of The Global Remicade Biosimilar Market?
The report segments the Remicade Biosimilar Market as follows:
• By Type: 100mg/10ml, 500mg/50ml
• By Disease Indication: Ulcerative Colitis, Rheumatoid Arthritis, Ankylosing Spondylitis, Crohn's Disease, Psoriatic Arthritis, Plaque Psoriasis
• By Application: Blood Disorders, Oncology Diseases
Which Region Leads The Remicade Biosimilar Market?
In 2024, Europe emerged as the largest region in the Remicade Biosimilar market. The other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Remicade Biosimilar Market Global Market Report?
- Market Size Analysis: Analyze the Remicade Biosimilar Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Remicade Biosimilar Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Remicade Biosimilar Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Remicade Biosimilar Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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• 500mg/50ml
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• Oncology Diseases
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• LG Life Sciences
• Novartis (Sandoz)
• Celltrion
• Biocon
• Hospira
• Merck Serono (Merck Group)
• Biogen idec Inc
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