Biosimilar Market Analysis
The U.S. takes the lion's share (49 percent) of the global biologics market value and generates half of the sales value growth as well. The EU accounts for 22 percent of the market's sales value and 14 percent of its value growth. In contrast, emerging markets represent just a sliver of the sales pie, with 7.5 percent share. Thus, biologics market growth is still largely driven by mature markets. The global biologics market had reached $170 billion in sales value in 2012, accounting for 18 percent of the overall market. The five top 10 global products in terms of sales volume are biologics, wherein 2008 it was just two.
The market for biosimilars and follow-on-biologics is expected to grow at an exponential rate for next decade with the expiry of most patented drugs by 2020.The market in the APAC region for biosimilars reached $605 million in 2010 and $683 million in 2011. The market is expected to reach $1.1 billion by 2016, a CAGR of 10.3%. The market in the United States for biosimilars reached $507 million in 2010 and $1.1 billion in 2011. The market is expected to reach $1.3 billion by 2016, a CAGR of 4.1%.
- Biosimilars China
- Biosimilars India
- Biosimilars USA
- Biosimilars Europe
- Biosimilars companies
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Biosimilar Market Analysis Conference Speakers
Recommended Sessions
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- Bioequivalence Assessment
- Biosimilar Analytical Strategies
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- Biosimilars Innovator Pharmaceutical Products
- Clinical Studies on Biosimilars
- Current Challenges of Biologics
- Emerging Biosimilars in Therapeutics
- Entrepreneurs Investment Meet
- Globalization of Biosimilars
- Intellectual Property Rights
- Legal Issues
- Plant Produced Biosimilars