A comprehensive historical analysis of the market for United States Biosimilars has been thoroughly analyzed in this report. It offers data and insights from 2019-2022 and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the United States Biosimilars market.
The United States Biosimilars Market is anticipated to exceed USD 375.5 Billion by 2033, growing at a CAGR of 39.45% from 2023 to 2033
The report includes growth prospects in the United States Biosimilars market by type, application, segment, and region, and QMI has compiled a comprehensive,e detailed research report to offer insights. The report details consumption in the Healthcare and other sectors. Regional coverage spans North America, Europe, and the rest of the world, including Asia Pacific.
Biosimilars are biological medical products that are similar to other biological medicines that are already approved. In terms of potency, safety, and purity, biosimilars are quite comparable to the reference product; nevertheless, there may be slight variations in the therapeutically inert ingredients. The FDA may demand that manufacturers carry out a clinical trial (or studies) sufficient to demonstrate safety, purity, or potency in one or more uses for which the reference product is licensed and for which the biosimilar applies for licensure before approving biosimilars. The increasing awareness among patients and healthcare professionals about therapeutic agents leads to accelerating the adoption and usage of biosimilars by biosimilar manufacturers and regulators. The primary trend in the market is the growing amount of funds that pharmaceutical companies are spending on research and development (R&D) to improve biosimilar pipelines. Strategic alliances and collaborations to quicken market entry are notably on the rise.
Leading players of United States Biosimilars include:
- Amgen Inc.
- Pfizer Inc.
- Viatris Inc.
- Coherus BioSciences
- Others
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Market split by Segement can be divided into:
By Drug Class
- Filgrastim & Pegfilgrastim
- Monoclonal Antibodies
- Others
By Disease Indication
- Cancer
- Autoimmune Diseases
- Others
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
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In May 2024, Biocon Biologics Ltd (BBL), a fully integrated biosimilars company and subsidiary of Biocon Ltd, announced that the U.S. Food and Drug Administration (US FDA) had approved the Company's first-to-file application for Yesafili (aflibercept-jbvf), an interchangeable biosimilar aflibercept.
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What's covered in the report?
- 1. Overview of the United States Biosimilars market.
- 2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa) market size data for the United States Biosimilars market, based on segement.
- 3. United States Biosimilars MarkTrendsnds.
- 4. United States Biosimilars Market drivers.
- 5. Analysis of major company profiles.
Reasons to buy this Market Report:
1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging United States Biosimilars market.
2. Use the SWOT analysis to determine the competitive intensity and, therefore, attractiveness of the emerging United States Biosimilars Industry.
3. Leading company profiles reveal details of key United States Biosimilars market players emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging United States Biosimilars market with five-year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe, and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the United States Biosimilars market over the upcoming seven years
7. Accurate estimation of the United States Biosimilars market size
8. Exact estimations of the upcoming trends and changes observed in consumer behavior
9. Growth of the United States Biosimilars market across the North & South America, EMEA, Asia Pacific, and Latin America
10. Information about the United States Biosimilars market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the United States Biosimilars market
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