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Biosimilars/Follow-on-Biologics Market Size in 2023, Impact of COVID-19, Growth, Share, Applications, SWOT analysis, Forecast 2028

Biosimilars/Follow-on-Biologics Market Market Analysis and Insights: Global Biosimilars/Follow-on-Biologics Market
Due to the COVID-19 pandemic, the global Biosimilars/Follow-on-Biologics market size is estimated to be worth USD million in 2023 and is forecast to a readjusted size of USD million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Human Growth Hormone accounting for % of the Biosimilars/Follow-on-Biologics global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Blood Disorders segment is altered to an % CAGR throughout this forecast period.
China Biosimilars/Follow-on-Biologics market size is valued at USD million in 2021, while the US and Europe Biosimilars/Follow-on-Biologics are USD million and USD million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Biosimilars/Follow-on-Biologics landscape, Germany is projected to reach USD million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Biosimilars/Follow-on-Biologics include Novartis, Synthon Pharmaceuticals, Teva Pharmaceutical Industries, LG Life Sciences, Celltrion, Biocon, Hospira, Merck Group and Biogen idec, Inc. and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Biosimilars/Follow-on-Biologics Scope and Segment
Biosimilars/Follow-on-Biologics market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Biosimilars/Follow-on-Biologics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.

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The Major Players in the Industrial Biosimilars/Follow-on-Biologics Market include:

  • Novartis
  • Synthon Pharmaceuticals
  • Teva Pharmaceutical Industries
  • LG Life Sciences
  • Celltrion
  • Biocon
  • Hospira
  • Merck Group
  • Biogen idec, Inc.
  • Genentech (Roche Group)

By Product Types:

  • Human Growth Hormone
  • Erythropoietin
  • Monoclonal Antibodies
  • Insulin
  • Interferon
  • Granulocyte-Colony Stimulating Factor
  • Peptide
  • Others

By Applications:

  • Blood Disorders
  • Oncology Diseases
  • Chronic and Autoimmune Diseases
  • Growth Hormone Deficiencies
  • Others

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