Infliximab Biosimilar Market Know the Scope and Trends

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Infliximab Biosimilar Market- by Application (Crohn's Disease, Psoriatic Arthritis, Rheumatoid Arthritis, Ulcerative Colitis, Ankylosing Spondylitis, Plaque Psoriasis and Others), End User (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy and Other Direct Distribution Channels), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."
According to the latest research by InsightAce Analytic, the global Infliximab Biosimilar market is valued at US$ XX Million in 2022, and it is expected to reach US$ XX Million by 2031, with a CAGR of XX% during a forecast period of 2023-2031.

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Infliximab is a chimeric monoclonal antibody that targets tumor necrosis factor-alpha (TNF-α) and is used to treat various inflammatory conditions such as ankylosing spondylitis, Crohn's disease, psoriasis, psoriatic arthritis, rheumatoid arthritis, and ulcerative colitis. The biosimilar version of infliximab, known under the brand Remicade, has demonstrated equivalent efficacy and safety compared to the original product. This biosimilar is produced using a recombinant cell line cultivated via continuous perfusion. TNF-α plays a critical role in chronic inflammatory disorders, making its inhibition central to treatment.

Key factors driving demand for infliximab biosimilars include the rising prevalence of autoimmune diseases-particularly plaque psoriasis and rheumatoid arthritis-the recent expiration of patents on the branded drug, and lower pricing in European markets. Additionally, the convenience of intravenous administration, which offers rapid therapeutic responses, further propels market growth. Government and third-party payer initiatives aimed at cost reduction have also boosted the adoption of biosimilars. Moreover, increasing chronic disease rates, including cancer and autoimmune conditions, combined with an aging global population, contribute to the growing demand.

Europe dominated the biosimilars market, followed by Asia-Pacific and North America. Several factors are driving growth in these markets, including the upcoming patent expiration of biological drugs and the introduction of new biosimilars, the rise of new businesses and early market entry. North America is anticipated to be the major contributor to the Infliximab Biosimilar market over the forecast years. The global market is driven by the rise in the prevalence of autoimmune and genetic conditions such as plaque psoriasis and rheumatoid arthritis. The market is developing as a result of rising geriatric populations that lack access to suitable diagnostic and therapeutic options, improved health care infrastructure, and untapped markets. The worldwide infliximab biosimilars market in this region is also predicted to be driven by an increase in government funding for the production of biosimilar medicines as well as increased awareness and adoption of biosimilars.

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Major market players operating in the Infliximab Biosimilar market include
Napp Pharmaceuticals Group Ltd, Alvogen, Merck &Co. Inc., Celltrion Inc., Janssen Biotech Inc., Pfizer Inc. (AC. Hospira), and Nippon Kayaku.
Recent collaborations and agreements in the market:
• In April 2021, Novartis AG (Sandoz) struck a deal with Bio-Thera Solutions (China) to commercialise BAT1706 (Bio-Thera Solutions' proposed bevacizumab biosimilar) in the United States, Canada, Europe, and other international markets.
• In November 2019, Biogen Inc, a multinational biotechnology company headquartered in Cambridge, Massachusetts, purchased Samsung Bioepis Co., Ltd. in order to obtain exclusive rights to market two new ophthalmology biosimilars, SB11 referencing Lucentis 1 and SB15 referencing Eylea 2, in major markets around the world, including the United States, Canada, Europe, Japan, and Australia. The deal allows Biogen to prolong the commercialization time for Samsung Bioepis' three anti-TNF biosimilars, BENEPALI (etanercept), FLIXABI (infliximab), and IMRALDI, in Europe (adalimumab). Samsung Bioepis is a biopharmaceutical company. It makes biosimilar medications and other related products.

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Market Segments
Global Infliximab Biosimilar Market, by Application, 2022-2030 (Value US$ Mn)
• Crohn's Disease
• Psoriatic Arthritis
• Rheumatoid Arthritis
• Ulcerative Colitis
• Ankylosing Spondylitis
• Plaque Psoriasis and others
Global Infliximab Biosimilar Market, by End User, 2022-2030 (Value US$ Mn)
• Hospital Pharmacy
• Online Pharmacy
• Retail Pharmacy
• Other Direct Distribution Channels
Global Infliximab Biosimilar Market, by Mode, 2022-2030 (Value US$ Mn)
• Prescription-Based Testing Products
• Over-the-Counter (OTC) Testing Product
Global Infliximab Biosimilar Market, by End-Users, 2022-2030 (Value US$ Mn)
• Home Care/Self Testing
• Physician offices & Outpatient/Ambulatory Care Settings
• Hospitals
• Research Laboratories
Global Infliximab Biosimilar Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Infliximab Biosimilar Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Infliximab Biosimilar Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Infliximab Biosimilar Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Infliximab Biosimilar Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Infliximab Biosimilar Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Infliximab Biosimilar market
 To receive an industry overview and future trends of the Infliximab Biosimilar market
 To analyze the Infliximab Biosimilar market drivers and challenges
 To get information on the Infliximab Biosimilar market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Infliximab Biosimilar market industry

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