Oncology Biosimilar Market Will Reach USD 13,993.64 Million by 2026 | Biocon, Celltrion, Dr. Reddy’s Laboratories, Intas Pharmaceuticals, STADA Arzneimittel AG, Pfizer, and Apotex

Jul 23 2019 / By Rebecca Parker

Biosimilar is the identical copy of oncology biologics used for the treatment of cancer and officially approved for the treatment of cancer. These molecules are cost-effective, efficient, and have the same ability as biologics. These molecules are easy to manufacture as compared to biologics and can only be manufactured after patent expiry. Earlier there were various patented biologics available in the market but nowadays most of the patents have expired and few are on the verge of patent expiry.

In the past few years, various Biosimilar have been approved by FDA for the treatment of various types of cancer such as blood cancer, colorectal cancer, breast cancer, and others. In the near future, it is expected that a few more Biosimilar will be introduced in the market thus supporting the growth of the market.

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Top Key Players Covered:

Biocon, Celltrion Inc., Dr. Reddy’s Laboratories Ltd., Intas Pharmaceuticals Ltd., STADA Arzneimittel AG, Pfizer Inc., Apotex Inc., Teva Pharmaceutical Industries Ltd., Sandoz International GmbH, and BIOCAD.

North America is a regional market developed for the oncology Biosimilar market and is expected to experience rapid growth during the forecast period. North America is leading the oncology Biosimilar market due to the presence of developed countries such as the USA. UU. Canada and others. The United States market is expected to grow at the highest CAGR during the forecast period. This growth is mainly due to the rapid approval process of the FDA and the increased prevalence of cancer. In addition, the expiration of the patent will promote the growth of the oncology Biosimilar market during the forecast period.

Market Segmentation:

Oncology Biosimilar Market size by Product
  • mAb
  • Immunomodulators
  • Hematopoietic Agents
  • G-CSF
  • Others
Oncology Biosimilar Market size by End User
  • Retail Pharmacies
  • Hospital Pharmacy
  • Online Pharmacy
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  • Detailed elaboration on latest technologies and their influence on the global market
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  • Applicable sales approach for expansion of the businesses
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  • Elaboration on effective marketing and global Oncology Biosimilar market distribution channels
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