Chicago, IL -- (SBWIRE) -- 09/19/2016 -- According to the report, "Global Biosimilars Market, By Product Types (Recombinant Non-Glycosylated Proteins, Recombinant Glycosylated Proteins and Recombinant Peptides), Application (Oncology, Blood Disorders, Infectious Diseases, Autoimmune Diseases, and Others) and Geography (North America, Europe, Asia-Pacific and Rest of the World) Report Forecast - 2014 to 2022", the market for biosimilars is set to witness steady growth rate during the forecast period.

The global biosimilars market analyzes the key driving and restraining factors impacting the growth of this market. It also focuses on the in-depth analysis of the industry segmentation, market share, and the major geographic regions.

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According to the biosimilars market report, the global market is expected to witness steady growth during the forecast period. The rising demand from around the world is considered as one of the major driving factors for this market. The majority of the top market players are investing in this industry, creating strong growth opportunities. According to the researchers, the biosimilars are considered as one of the most promising options for the treatment of various chronic diseases. The rise in the instances of various diseases and disorders including cancer, cardiovascular diseases, and such others is also expected to drive the demand in this market. Rising awareness and advancing technologies in the market are also expected to create major growth opportunities for the key players in this market.

This market research report segments the global market by the types of products and their applications. It also segments the market by the major geographic regions. The major product segments in the market include recombinant peptides, recombinant glycosylated proteins, and recombinant non-glycosylated proteins. The major application segments of the market include infectious diseases, blood disorders, autoimmune diseases, oncology, and so on. The major geographic regions of the market include Asia-Pacific, Europe, North America, and the rest of the world. The biosimilars market share analysis suggests strong growth in the developing markets and the emerging players. North America, on the other hand, is expected to hold the largest share of the market.

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The key players highlighted in this report include Actavis, Amgen, Biocon Ltd., Cipla Ltd., Hospira, Inc., Sandoz Pharma, Stada Arzneimittel AG, Wockhardt Ltd., and such others. The report suggests that the key market players are investing in the high-growth segments of the market, which include human growth hormone, blood products, and insulin.

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