Biosimilars Market to Reach US$ 9.5 Billion by 2022

Biosimilar pills include erythropoietin, interferon, insulin, monoclonal antibodies (MABS), granulocyte colony stimulating elements and others. But, vaccines, plasma derived merchandise and their recombinant variations are excluded from the scope of this record. Furthermore, biologic capsules along with streptokinase and hyaluronidase are excluded from the observe due to the absence of right biosimilars recommendations. Patent expiry for reference biologics is placing the pace for the growth of biosimilars in this rather aggressive market. Recreating the patented protein structure for biosimilars is a key venture for regulators, as no two merchandise may be exactly the identical, which in addition complicates the regulatory procedure. Global biopharmaceutical regulators face numerous troubles bearing on the approval of biosimilars for numerous merchandise, because the regulations drafted for every product is precise to their method structure.

Browse Full Report @: https://www.marketresearchengine.com/biosimilars-market-report

How Big is the Global Biosimilars Market?

The Global Biosimilars Market is expected to exceed more than US$ 9.5 billion by 2022 and will grow at a CAGR of more than 26% in the given forecast period.

The scope of the report includes a detailed study of global and regional markets for Global Biosimilars Market with the reasons given for variations in the growth of the industry in certain regions.

Table of Contents

1 INTRODUCTION
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Incidences of Diseases
5.2.1.2 Increasing Demand for Biosimilar Drugs Due to Their Cost-Effectiveness
5.2.1.3 Growing Pressure to Curtail Healthcare Expenditure
5.2.1.4 Rising Geriatric Population
5.2.1.5 Strategic Collaborations Resulting in Enhanced Productivity and Clinical Trial Activities for Biosimilars
5.2.1.6 Increasing Government Support and Initiatives to Develop and Promote Biosimilars
5.2.2 Restraints
5.2.2.1 Complexities in Manufacturing and High Costs
5.2.2.2 Innovative Strategies By Biologic Drug Manufacturers
5.2.3 Opportunities
5.2.3.1 Emerging Markets
5.2.3.2 New Indications and Patent Expiry of Biologic Products
5.2.4 Challenge
5.2.4.1 Stringent Regulatory Requirements to Adversely Affect Investments in Biosimilars
5.3 Key Pipeline Products
5.4 Regulatory Outlook
5.4.1 North America
5.4.1.1 U.S.
5.4.1.2 Canada
5.4.2 Europe
5.4.3 Asia
5.4.3.1 China
5.4.3.2 India
5.4.3.3 Japan
5.4.3.4 South Korea
5.4.4 Rest of the World
5.4.4.1 Brazil
5.4.4.2 Mexico
5.4.4.3 Argentina
5.4.4.4 Saudi Arabia
5.5 Biosimilars Services Industry Insights
5.5.1 Introduction
5.5.2 Contract Manufacturing Organizations
5.5.3 Contract Research Organizations
5.5.4 Other Services (Nonclinical & Bioinformatics)
6 Biosimilars Market, By Type of Product
7 Biosimilars Market, By Type of Manufacturing
8 Biosimilars Market, By Application
9 Biosimilars Market, By Region
10 Competitive Landscape
11 Company Profiles
11.1 Introduction
11.2 Pfizer Inc.
11.3 Sandoz International GmbH (A Division of Novartis International AG)
11.4 Teva Pharmaceutical Industries Ltd.
11.5 F. Hoffmann-La Roche Ltd.
11.6 Amgen Inc.
11.7 Biocon Ltd.
11.8 Dr. Reddy's Laboratories
11.9 Celltrion Inc.
11.10 Mylan Inc.
11.11 Samsung Bioepis

About MarketResearchEngine.com

Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging healthcare technologies, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

Media Contact

Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862
Website: https://www.marketresearchengine.com/

Address: 3422 SW 15 Street, Suite #8942, Deerfield Beach, FL 33442, United States

This release was published on openPR.