The Global Biosimilars and Biologics Industry is on a trajectory of substantial growth, with an impressive Compound Annual Growth Rate (CAGR) of 15.5% expected between 2022 and 2032. In 2022, the Industry was valued at a significant US$ 22,490.62 million, and it’s anticipated to reach an impressive US$ 95,021.37 million by 2032.
In its latest comprehensive business report, [Your Company Name] delves into the historical and current landscape of the global Biosimilars and Biologics Industry, examining crucial aspects such as production, consumption, volume, and value. The report provides a meticulous analysis of the Industry, breaking it down into various segments, regions, and key players based on demand patterns and growth prospects.
This report offers essential insights that will empower both established industry players and emerging Industry entrants with the knowledge needed to formulate enduring strategies. It’s especially valuable for navigating challenging times, such as the ongoing COVID-19 pandemic, ensuring business continuity and informed decision-making.
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COVID-19 Impact Analysis on Global Biosimilars And Biologics Industry
The recent outbreak of the COVID-19 has turned the spotlight on the healthcare industry, and subsequently impacted the Biosimilars and Biologics Industry. Severe shortages of critical medical supplies and a rapid rise in number of COVID-19 cases have resulted into a revolution rather than evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the Biosimilars and Biologics Market.
Following government’s measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for Industry players, leading to severe product shortages in the global Industryplace.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Biosimilars and Biologics Industry. This allows both leading and emerging Industry players to understand the Industry scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Global Biosimilars And Biologics Industry : Segmentation
Valuable information covered in the FMI’s Biosimilars and Biologics Market report has been segregated into key segments and sub-segments.
By Product Class:
- Epoetins
- Filgrastims
- Insulins
- Growth Hormones
- Alfa Interferons
- Monoclonal Antibodies
- Beta Interferons
- Follitropins
- Low-molecular-weight Heparins (LMWH).
By Application:
- Rheumatoid arthritis
- Anemia
- Cancer
- Diabetes
- Others
Global Biosimilars And Biologics Industry : Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Biosimilars and Biologics Market. Competitive information detailed in the Biosimilars and Biologics Industry report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each Industry player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Biosimilars and Biologics Market report.
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Key players covered in the report include:
- Pfizer Inc. (AC. Hospira)
- Sandoz International GmbH
- Teva Pharmaceutical Industries Ltd.
- Reddy’s Laboratories
- Biocon Limited
Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for Industry players in different regional Industrys
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in Industry revenue forecasts and growth rate analysis
- Regional Industry Forecast: Thorough analysis of each regional Industry to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Biosimilars and Biologics Market
Author
Sabyasachi Ghosh (Associate Vice President at Future Industry Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Industry Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Industry Insights (FMI)
Future Industry Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the Industry. FMI stands as the leading global provider of Industry intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals Industrys. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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