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Global Adalimumab, Infliximab and Etanercept Biosimilars Market Share to Reach $7.44 Billion by 2029, Growing at 10.5% CAGR
What market dynamics are playing a key role in accelerating the growth of the adalimumab, infliximab and etanercept biosimilars market?The advent of biosimilars into the adalimumab, infliximab, and etanercept market has been due to the patent expiration of their branded counterparts. For instance, on the expiry of the patent for the Remicade brand, the FDA in the United States sanctioned the use of Inflectra, a biosimilar developed by Hospira (a Pfizer Inc. subsidiary), for the treatment of several autoimmune diseases, such as rheumatoid arthritis, adult ulcerative colitis, and plaque psoriasis. Similar situations occurred when the EU patent for Amgen's Enbrel expired, paving the way for the European Commission to approve Benepali, a biosimilar of Enbrel. The expiration of Humira's patent also allowed its biosimilars to penetrate the market, with the FDA most recently giving the green light to Hulio, the sixth Humira biosimilar. Thus, the expiration of patents for branded biologic drugs like Humira, Enbrel, and Remicade is likely to fuel the demand for adalimumab, infliximab, and etanercept biosimilars.
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How will the growth rate of the adalimumab, infliximab and etanercept biosimilars market shape industry trends by 2034?
The market size for biosimilars of adalimumab, infliximab and etanercept has significantly expanded in the past few years. There's a projected growth from $4.37 billion in 2024 to $4.98 billion in 2025, representing a compound annual growth rate (CAGR) of 14.1%. The substantial growth during the previous period can be associated with an upsurge in healthcare spending, alterations in regulations, government-led initiatives and escalating healthcare expenses.
Projected to accelerate in the coming years, the adalimumab, infliximab, and etanercept biosimilars market is anticipated to expand to $7.44 billion by 2029, maintaining a compound annual growth rate (CAGR) of 10.5%. The augmentation during the predicted period can be accredited to the escalation in healthcare expenditures, demographic aging and enhanced healthcare accessibility, which are all significant contributors to market advancement. The forecast period is expected to be characterized by a concentration on the introduction of innovative products, emphasis on mergers and acquisitions, a dedication to forming strategic partnerships, and an intention to boost investments.
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What trends are poised to drive the future success of the adalimumab, infliximab and etanercept biosimilars market?
Major firms active in the adalimumab, infliximab, and etanercept biosimilars market are putting their efforts into producing novel products like citrate-free adalimumab, aiming to offer dependable customer services. As the name implies, citrate-free adalimumab is a version of the biological drug adalimumab without citrate. For instance, Fresenius Kabi, a German company specializing in pharmaceuticals and healthcare technologies pertaining to infusion, transfusion, and clinical nutrition, secured FDA approval for their biosimilar product Idacio (adalimumab) in December 2022. This product, geared towards managing chronic autoimmune disorders, has been designed for all allowable uses of the reference product. Advanced analytical methods have been utilized in its development for the treatment of a variety of chronic conditions.
Which primary segments of the adalimumab, infliximab and etanercept biosimilars market are driving growth and industry transformations?
The adalimumab, infliximab and etanercept biosimilars market covered in this report is segmented -
1) By Product: Adalimumab Biosimilars, Infliximab Biosimilars, Cipleumab
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
3) By Application: Crohn's Disease, Psoriatic Arthritis, Rheumatoid Arthritis, Ulcerative Colitis, Ankylosing Spondylitis, Plaque Psoriasis, Other Applications
Subsegments:
1) By Adalimumab Biosimilars: Amjevita (Amgen), Hyrimoz (Sandoz), Cyltezo (Boehringer Ingelheim), Others
2) By Infliximab Biosimilars: Inflectra (Pfizer), Remsima (Celltrion), Ixifi (Pfizer), Others
3) By Cipleumab: Cipleumab Biosimilars, Other Biosimilars in Development
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Which geographical regions are pioneering growth in the adalimumab, infliximab and etanercept biosimilars market?
North America was the largest region in the adalimumab, infliximab, and etanercept biosimilars market in 2024. The regions covered in the adalimumab, infliximab, and etanercept biosimilars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the adalimumab, infliximab and etanercept biosimilars market landscape?
Major companies operating in the adalimumab, infliximab and etanercept biosimilars market include Biogen, Novartis (Sandoz), Pfizer, Amgen, Celltrion, Samsung Bioepis (Samsung Biologics), Hetero Drugs Limited, Fresenius Kabi AG, Boehringer Ingelheim, Biocon, Zydus Lifesciences Limited, Reliance Life Sciences, Torrent Pharmaceuticals Ltd, Sun Pharmaceutical Industries Ltd, Cipla Limited, Zhejiang Hisun Pharmaceutical Co. Ltd, Bio-Thera Solutions, Ltd, Innovent Biologics (Suzhou) Co. Ltd, Janssen Biologics BV, Shanghai CP Guojian Pharmaceutical Co. Ltd, Sansheng Guojian, Shanghai Junshi Biosciences Co. Ltd, Mabwell Bioscience Co. Ltd, LG Chem, Nippon Kayaku, Mochida Pharmaceutical Co. Ltd, mAbxience, Allergan, Microgen, Geropharm, Valenta, NovaMedica Veropharm, Biocad, Roche, Bristol-Myers Squibb, Celon Pharma, SynBio, Ache, Eurofarma, Teva Pharmaceuticals, Oramed Pharmaceuticals, Entera Bio, Julphar, Hikma Pharmaceuticals, Mylan, BIOPHARMA-MEA, NeoTX, AID Genomics Limited, Altis Biologics, Next Biosciences, Viome, Inqaba Biotechnical Industries (Pty) Ltd
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What Is Covered In The Adalimumab, Infliximab and Etanercept Biosimilars Global Market Report?
•Market Size Forecast: Examine the adalimumab, infliximab and etanercept biosimilars market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the adalimumab, infliximab and etanercept biosimilars market for a structured understanding.
•Key Players Overview: Analyze major players in the adalimumab, infliximab and etanercept biosimilars market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the adalimumab, infliximab and etanercept biosimilars market.
•Segment Contributions: Evaluate how different segments drive overall growth in the adalimumab, infliximab and etanercept biosimilars market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the adalimumab, infliximab and etanercept biosimilars market.
•Industry Challenges: Identify potential risks and obstacles affecting the adalimumab, infliximab and etanercept biosimilars market.
•Competitive Landscape: Review strategic developments in the adalimumab, infliximab and etanercept biosimilars market, including expansions, agreements, and new product launches.
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