Global Market Size of Biosimilars Market – 10 Year Market Forecast

Pharmaceuticals

Biosimilars Market Size Forecast 2022-2029

A biosimilar is a biological product that are very similar copies of biologic drugs that are manufactured by a different company. Government-approved biosimilars are used as treatments for conditions such as psoriasis, psoriatic arthritis, diabetes, Crohn’s disease etc. Over the study period, APAC is expected to dominate the market by accounting for the largest shares and generating the highest market revenues. The biosimilars market trends indicate the market size to grow from USD 42.14 billion in 2022 up to a projected market value of USD 122.23 billion by 2029, with a growth rate (CAGR) of 16%. According to the calculations, the cumulative market size should be USD 654 billion.

Biosimilars Market Size of United States

Biosimilars Market Analysis of United Kingdom

Biosimilars Market Trends of Germany

Biosimilars Market Forecast of France

Biosimilars Market Growth of Italy

Market Size of Biosimilars in Poland

Market Analysis of Biosimilars in Switzerland

Market Trends of Biosimilars in Sweden

Market Forecast of Biosimilars in Spain

Market Growth of Biosimilars Netherland

Belgium Biosimilars Market

Finland Biosimilars Market

Japan Biosimilars Market

South Korea Biosimilars Market

China Biosimilars Market

Biosimilars Market Size of Russia

Biosimilars Market Analysis of Malaysia

Biosimilars Market Trends of Singapore

Biosimilars Market Forecast of India

Biosimilars Market Growth of Brazil

Market segments - Biosimilars Market

By Product
– Recombinant Non-glycosylated Proteins
– Recombinant Glycosylated Proteins
– Recombinant Peptides

By Region
– North America
– Europe
– Middle East
– APAC
– ROW

By Manufacturing Type
– In-House Manufacturing
– Contract Manufacturing

Global Market size of Biosimilars Market 2022 42.14
Global Market size of Biosimilars Market 2029 122.23
Cumulative Market Size of the Biosimilars Market 654
Global Market Growth of Biosimilars Market (CAGR) 16%

Frequently Asked Questions(FAQ)

  • What is Global Market Database?

  • Global market database studies the ongoing trends within the market and updates the market information on a quarterly basis.
  • What are biosimilars?

  • A biosimilar is a biological product that are very similar copies of biologic drugs that is manufactured by a different company.
  • What are biosimilars used for?

  • Biosimilars are used as treatments for conditions such as psoriasis, psoriatic arthritis, diabetes, Crohn's disease etc.
  • What are the two manufacturing types of biosimilars?

  • The two manufacturing types of biosimilars are in-house manufacturing and contract manufacturing.
  • Which biosimilar products have been considered in this report?

  • The biosimilar products considered in this report are recombinant glycoslated protein, recombinant non-glycoslated proteins and recombinant peptides.

Global Market Size of Biosimilars Market – 10 Year Market Forecast

Release date
Jul 2022

Region
Global

Countries Covered
The countries covered are US, UK, Germany, France, Italy, Poland, Switzerland, Sweden, Spain, Netherlands, Belgium, Finland. Japan, South Korea, China, Russia, Malaysia, Singapore, India, Brazil.

Supplementary notes
The regions covered are North America, Europe, APAC & ROW.


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