Business growth

Global Oncology Biosimilars Market Business Growth 2022-2028 | Amgen, Allergan, Mylan NV, Samsung Bioépis

Oncology Biosimilars Market

SEATTLE, UNITED STATES, USA, November 9, 2022 / — Leading market research firm “Coherent Market Insights” recently released an updated data analysis report “Oncology Biosimilars Market Research Report 2022″. The report provides an actionable overview of the market to clients/vendors with which sustainable and profitable business strategies can be created. The report provides a comprehensive overview of the Oncology Biosimilars market which covers various aspects such as product definition, segmentation on the basis of various parameters such as types, applications, and regions, as well as the dominant landscape of players/vendors. The analysts authoring the report have estimated the global market size in terms of value and volume using the latest research tools and techniques.

Brief Description of Oncology Biosimilars Market Growth 2028:

A biosimilar is a biological medicine that is very similar in quality, safety and efficacy to an existing reference biological product. Oncology biosimilars are copied and licensed versions of these off-patent reference biologics. Biological drugs made from living cells by very complex manufacturing processes. Unlike generic drugs, which are copies of chemical drugs, a biosimilar is a copy of a biologic drug that is similar, but not identical, to the original drug. Regulatory authorities, such as the Food and Drug Administration (FDA) and the European Medicines Agency (EMA) regulate the development and marketing of oncology biosimilars. The US FDA has approved biosimilars to treat various conditions, such as diabetes, cancer, rheumatoid arthritis, Crohn’s disease, psoriasis, colitis, etc.

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Profiles of Key Market Players Covered in this Report:

Biocon Limited, Biogen Idec, Inc., Novartis International AG, Celltrion Healthcare, Pfizer Inc., Samsung Bioepis Co., Ltd., Mylan NV, Allergan, Plc, Amgen Inc. and Teva Pharmaceutical Industries Ltd., among others.

Key Market Drivers:

The increasing prevalence of cancer globally is expected to augment the oncology biosimilars market growth over the forecast period. For example, according to the World Health Organization (WHO), cancer was the leading cause of death worldwide, accounting for nearly 10 million deaths in 2020, or nearly one in six deaths. The most common cancers are breast, lung, colon and rectum, and prostate cancer.

Additionally, increasing adoption of biosimilars in oncology across the globe is expected to propel the growth of the biosimilars in oncology market. For example, in May 2022, Biocon Biologics and Viatris launched their third oncology biosimilar in Canada. Abevmy, co-developed by Biocon Biologics and Viatris, is a biosimilar to Roche’s Avastin (Bevacizumab) and has been approved by Health Canada for four oncology indications.

COVID-19 impact analysis:

Due to the implementation of containment measures, the COVID-19 outbreak has had a negative impact on the biosimilars market. Additionally, product approval and launches have been delayed due to the pandemic, which in turn is also hampering the growth of the biosimilars market. However, the market is expected to grow in post-pandemic situations.

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Report Highlights

• Oncology biosimilars market share assessments for country and regional segments

• Combative landscape planning of significant customary trends

• Oncology Biosimilars Market trends that involve analysis of products and technologies, drivers and restraints, PORTER’s Five Forces Analysis

• Premeditated advice in essential business segments based on market estimates

• Intentional orientation for new entrants

• Oncology Biosimilars Market prophesies all suggested segments, sub-segments and regional markets

Reasons to buy this report

This report provides pin-point analysis for changing competitive dynamics

It offers a forward-looking perspective on different factors driving or restraining market growth

It provides a six-year forecast assessed based on expected market growth

It helps in understanding the key product segments and their future

It provides pin-point analysis of changing competition dynamics and keeps you one step ahead of competitors.

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Main points of the table of contents:

1. Introduction

1.1 Objective of the study

1.2 Market Definition

1.3 Market Scope

1.3.1 Market Segment by Type, Application and Marketing Channel

1.3.2 Major Regions Covered (North America, Europe, Asia-Pacific, Middle East & Africa)

1.4 Years considered for the study (2015-2028)

1.5 Currency considered (US dollar)

1.6 Stakeholders

2 main conclusions of the study

3 Market dynamics

3.1 Drivers for this market

3.2 Market Challenging Factors

3.3 Global Restaurant Online Ordering System Market Opportunities (Regions, Growing/Emerging Downstream Market Analysis)

3.4 Technology and Market Developments in Online Restaurant Ordering System Market

3.5 Industry News by Region

3.6 Regulatory scenario by region/country

3.7 Market Investment Scenario Strategic Recommendations Analysis

4 Value Chain of Oncology Biosimilars Market

4.1 Status of the value chain

4.2 Upstream Raw Materials Analysis

4.3 Major Midstream Company Analysis (by Manufacturing Base, by Product Type)

4.4 Distributors/Traders

4.5 Downstream Major Customers Analysis (by Region)

5 Global Oncology Biosimilars Market Segmentation by Type

6 Global Oncology Biosimilars System Market Segmentation by Application

7 Global Oncology Biosimilars Market Segmentation by Marketing Channel

7.1 Traditional Marketing Channel (Offline)

7.2 Online channel

8 Competitive Intelligence Company Profiles

9 Global Oncology Biosimilars Market Segmentation by Geography

9.1 North America

9.2 Europe

9.3 Asia-Pacific

9.4 Latin America

9.5 Middle East and Africa

10 Future Forecast of the Global Oncology Biosimilars Market from 2022 to 2028

10.1 Global Oncology Biosimilars Market Future Forecast from 2022 to 2028 Segment by Region

10.2 Global Oncology Biosimilars Production and Growth Rate Forecast by Type (2022-2028)

10.3 Global Oncology Biosimilars Consumption and Growth Rate Forecast by Application (2022-2028)

11 Appendix

11.1 Methodology

12.2 Source of research data


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