Oncology Biosimilars Market Market Size and Forecast 2029
Oncology Biosimilars Market Overview
The report by Maximize Market Research focuses on the Oncology Biosimilars Market and provides an in-depth analysis by segments and sub-segments in global and regional markets. The report also includes drivers, restraints, and macro factors affecting the global and regional Sterilization Services Markets in the medium and long run. The research includes an in-depth analysis of the global Oncology Biosimilars Market trends, predictions, and monetary values. According to the report, between the years 2021 and 2029, the global Oncology Biosimilars Market is predicted to grow at a significant CAGR.
Biosimilars are biological drugs that are similar to existing biologics in terms of safety, efficacy, and quality. They are developed to be a cost-effective alternative to biologics. Oncology biosimilars are biosimilars used in the treatment of cancer.
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Oncology Biosimilars Market Scope
The report explores demand through forecasts period, market trends, and micro and macro determinants. Moreover, the research illustrates the variables that are driving and limiting the Oncology Biosimilars Market growth. The MMR provides existing and new market participants insight into prospective investment opportunities in Oncology Biosimilars Market . To give market insights, the report employs analytical approaches such as Porter's five forces analysis and PESTLE of the Oncology Biosimilars Market . In addition, the study looks at current market trends as well as estimates for the years 2021-2029. The report identified important future developments that will have an impact on demand over the forecast period in the market.
The market for oncology biosimilars is anticipated to increase at a 7.61% CAGR from 2017 to 2029, reaching around $5.57 Bn.
Segmentatation
The oncology biosimilars market can be segmented based on the following:
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Drug class: This segment includes monoclonal antibodies, immunomodulators, and others. Monoclonal antibodies accounted for the largest share of the oncology biosimilars market in 2020, as they are widely used in cancer treatment and have the highest number of biosimilars in development.
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Cancer type: This segment includes breast cancer, colorectal cancer, non-small cell lung cancer, and others. Breast cancer accounted for the largest share of the oncology biosimilars market in 2020, as it is the most common cancer among women worldwide.
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Distribution channel: This segment includes hospital pharmacies, retail pharmacies, and online pharmacies. Hospital pharmacies accounted for the largest share of the oncology biosimilars market in 2020, as most cancer treatments are administered in hospitals.
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Region: This segment includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Europe dominated the oncology biosimilars market in 2020, owing to the early adoption of biosimilars in the region, the presence of major biosimilar manufacturers, and favorable government policies. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period due to the growing prevalence of cancer, increasing investments in healthcare infrastructure, and the need for cost-effective cancer treatments in the region
Key Players
• Amgen Inc.
• Allergan, Plc.
• Mylan N.V.
• Samsung Bioepis Co., Ltd.
• Teva Pharmaceutical Industries Ltd.
• Pfizer Inc.
• Celltrion Healthcare
• Novartis International AG
• Biogen Idec, Inc.
• Biocon Limited.
• Celltrion Inc.
• Dr. Reddy’s Laboratories Ltd.
• STADA Arzneimittel AG
• Intas Pharmaceuticals Ltd.
• Sandoz International GmbH
• Apotex Inc.
• BIOCAD.
• Merck & Co., Inc.
• Coherus Biosciences
• F Hoffmann-La Roche
• Momenta Pharmaceuticals Inc.
Regional Analysis
The research report gives a detailed analysis of the Oncology Biosimilars Market that is divided into regions. The report includes an evaluation of regional market participants operating in the competitive market, as well as findings existing in the target market. Based on the regional and country by-country, the research evaluates the market in North America, Latin America, Europe, Asia Pacific (APAC), Africa, and the Middle East. Each region's market is thoroughly studied, allowing for the discovery of regional Oncology Biosimilars Market trends, constraints, and growth potential.
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Key Questions answered in the Oncology Biosimilars Market Report are:
What is Oncology Biosimilars Market ?
What is the forecast period of the Oncology Biosimilars Market ?
What is the competitive scenario of the Oncology Biosimilars Market ?
Which region held the largest market share in the Oncology Biosimilars Market ?
What are the opportunities for the Oncology Biosimilars Market ?
What are the restraining factors in the Oncology Biosimilars Market ?
Who are the key players of the Oncology Biosimilars Market ?
Key offerings:
Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Oncology Biosimilars Market
Landscape- Leading key players and other prominent key players.
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