With A CAGR 17.39%, Biosimilars Market Global Opportunity Analysis and Industry Forecast, 2024-2032

Global Biosimilars Market Size Was Valued at USD 34.01 Billion in 2023 and is Projected to Reach USD 143.97 Billion by 2032, Growing at a CAGR of 17.39% From 2024-2032.
Biosimilar is a biological medicinal product also referred to as follow-on biologic or coming entry biologic. It is the same copy of an initial product produced by a diverse company. It is a reliably authorized version of original and innovative products and produced only when the original product's patent expires. Biosimilar alternatively known as bio-pharmaceuticals or follow-on biologics, biosimilars vary from generics in the whole production process, right from the raw materials used in their production.
This Biosimilars market research report includes market size and forecasts, growth factors, market share, industry trends, and vendor analysis. The research report dives into the drivers and constraints of the global Biosimilars market. The current trends that are predicted to define the global Biosimilars market's future have been thoroughly analyzed by analysts. To develop an in-depth report on the subject, primary and secondary research methodologies were employed. Clients have received balanced viewpoints on the global Biosimilars industry from analysts, allowing them to make well-informed industry decisions.
Leading Key Players Covered in Biosimilars market:
• Novartis AG (Switzerland)
• Pfizer Inc. (US)
• Dr. Reddy’s Laboratories Ltd. (India)
• Amgen Inc. (US)
• Eli Lilly and Company (US)
• Teva Pharmaceutical Industries Ltd. (Israel)
• Fresenius SE & Co. KGaA (Germany)
• STADA Arzneimittel AG (Germany)
• Boehringer Ingelheim (Germany)
• Gedeon Richter PLC (Hungary)
• Celltrion (South Korea)
• Samsung Biologics (South Korea)
• Coherus BioSciences (US)
• Biocon Limited (India)
• Viatris Inc. (US)
• Amega Biotech (Argentina)
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