A product is termed as biosimilar product, if it is a biological product with similar characteristics as that of a reference biological product, which possesses approval from agencies such as FDA. There would not be any major clinical difference in effectiveness and safety as that of reference product. Biosimilar products are made of complex molecules with high molecular weight produced through genetic engineering in living cells. Biologics drugs are costlier than respective chemical drugs. Biosimilar drugs can save around 30 to 40 % in terms of price relative to the respective biologics drugs. Biosimilars are useful for the treatment of illnesses such as anemia, autoimmune diseases, cancer, diabetes, growth hormone deficiencies, hematological diseases, kidney failure, rheumatoid arthritis and others. For the manufacturing of biosimilars, manufacturers have to develop environments that are ideal for the living cells, which remain sensitive to environmental conditions. Moreover, they need to develop distinctive process to entice the living cells for producing similar outcome to a prevalent biological treatment. The substitution of biological drugs with biosimilar drugs can save lot of money for public health care sector and patients. The regulatory authorities in developed nations are promoting biosimilar products.
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The global Biosimilar market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of 25.0% during 2019-2025.
This report focuses on Biosimilar volume and value at global level, regional level and company level. From a global perspective, this report represents overall Biosimilar market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Key companies profiled in Biosimilar Market report are Allergan Plc, Biocad, Biocon, Bioxpress Therapeutics, Boehringer Ingelheim, Celltrion, Coherus Biosciences, Dr. Reddy’s Laboratories and more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
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Table of Content
1 Biosimilar Market Overview
2 Global Biosimilar Market Competition by Manufacturers
3 Global Biosimilar Production Market Share by Regions
4 Global Biosimilar Consumption by Regions
5 Global Biosimilar Production, Revenue, Price Trend by Type
6 Global Biosimilar Market Analysis by Applications
7 Company Profiles and Key Figures in Biosimilar Business
8 Biosimilar Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Global Biosimilar Market Forecast
12 Research Findings and Conclusion
13 Methodology and Data Source