The study methodologies used to examine Biosimilars Market for the forecast period, 2020 - 2027 further classifies the industry by type, geography, end-use and end-user to add more precision and bring to light factors responsible for augmenting business development.
New York, NY -- (SBWIRE) -- 02/22/2021 -- Biosimilar are alternatives to existing patented, and approved biologicss and possess similar medicinal properties as compared to the original biologics. The biosimilars vary a little from original biologics in terms of structure but must have similar safety and efficacy as compared to the originator biologics. Biosimilars development does not require Phase II clinical trial for approval and the focus is put on determination of 'biosimilarity' to the reference originator biologics. Thus it has much reduced clinical development timelines and reduced product costs as compared to use of original biologics.
The COVID-19 pandemic has affected nearly all the sectors of the industries and the crisis has drastically altered the economic landscape of the market. The report studies the impact of the COVID-19 pandemic on the Biosimilars market and provides an in-depth analysis of the key changes in the trends, demands, and growth patterns. The report also provides a current and future impact assessment of the COVID-19 pandemic on the overall Biosimilars market.
The Global Biosimilars Market is projected to grow at a CAGR of 30.5% from USD 6.71 billion in 2019 to USD 56.76 billion in 2027.
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The report offers a comprehensive analysis of the global Biosimilars market on a global and regional scale. The forecast estimation have been done value chain analysis and provides an in-depth assessment of the market drivers and restraining factors along with their impact on the global market. It also covers a detailed analysis of the major market players along with an extensive overview of the expansion plans, business strategies, and product portfolio.
The main companies profiled in the report are:
Dr. Reddy's Laboratories
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The research report is an investigative study that offers a conclusive overview of the global Biosimilars market through detailed market segmentation into key applications, types, and regions.
Type (Revenue, USD Million; 2016–2026)
Recombinant Non-glycosylated Proteins
Recombinant Human Growth Hormone
Granulocyte Colony-stimulating Factor
Recombinant Glycosylated Proteins
Other Monoclonal Antibodies
Disease Type (Revenue, USD Million; 2016–2026)
Growth Hormone Deficiency
The regional segmentation provides current and emerging demands and trends of the global Biosimilars market in the key geographical regions of the world including North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The section also covers a country-wise analysis of the regions and includes:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The Global Biosimilars Market confers a deeper understanding and an extensive overview of the Biosimilars market. It includes Porter's Five Forces Analysis and SWOT analysis to offer insightful fata about the competitive landscape. The study also presents an in-depth study about the market analysis, market size, growth rate, and trends. It also offers strategic recommendations to the established companies as well as new players to help them capitalize on emerging opportunities and gain a robust footing in the market.
Table of Content-
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
3.1. Global cancer burden
3.2. Worldwide chronic disease prevalance
3.3. Drug development costs
3.4. Upcoming patent expiry
Chapter 4. Biosimilars Segmentation & Impact Analysis
4.1. Biosimilars Segmentation Analysis
4.2. Biosimilars Market Value Chain Analysis, 2016-2026
4.3. Regulatory framework
4.4. Biosimilars Market Impact Analysis
4.4.1. Market driver analysis
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