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Biosimilar Market by Type and Size | Industry Report 2016-2021

Research report by marketdataforecast.com with in-depth analysis on Global Biosimilar Market which provides information on market size, share, forecasts and company profiles for major industry participants 2016-2021

 



(EMAILWIRE.COM, January 02, 2017 ) According to the report Biosimilar Market published by Market Data Forecast, the global market is projected to reach USD 22.15 billion by 2021, at a CAGR of 36% from 2016 to 2021.

View Report @ http://www.marketdataforecast.com/market-reports/global-biosimilars-market-1142/

Biosimilar drugs are used in prevention and cure of various diseases such as rheumatoid arthritis, cancer, chronic kidney failure, oncology, diabetes, heart attacks, autoimmune diseases, growth hormone deficiency, and infectious disease.

In the healthcare industry, biosimilars are emerging as one of the most important sectors. With increasing healthcare costs, biosimilars are being looked upon as a cheaper alternative. Growing economies are observing comprehensive growth in biosimilars industry from demanding clinical needs of therapeutics. Rise in GDP and healthcare expenditures, and the demand for cost effective therapeutics solution has resulted in the growth of this market.

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Across the world, the biosimilars market is driven by aging population and increasing rates of diabetes and chronic disorders. Government support and initiatives play a crucial role. Emerging pharmaceutical markets and lenient government regulations provide some of the major openings this is market. Low costs of biosimilars attract consumers to use these products over synthetic and biological drugs.

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Product Segmentation:

Based on type:
• Recombinant non-glycosylated Proteins
• Insulin
• Human Growth Hormones
• Granulocyte Colony-stimulating Factor (G-CSF)
• Interferons
• Recombinant Glycosylated Proteins
• Erythropoietin
• Monoclonal Antibodies
• Follitropin
• Recombinant Peptides
• Glucagon
• Calcitonin
Based on application
• Oncology
• Blood Disorders
• Chronic and Autoimmune Diseases
• Growth Hormone Deficiency
• Infectious Diseases
Geographical Segmentation
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

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Some of the major players in the biosimilars market are Sandoz International GmbH, Wockhardt Ltd, Hospira, Inc., Teva Pharmaceutical Industries Ltd. Dr. Reddy’s Laboratories, Biocon Limited, Mylan, Inc., Zydus Cadila, Celltrion Inc., Roche Diagnostics and Cipla Ltd.

Buy this report @ http://www.marketdataforecast.com/cart/buy-now/global-biosimilars-market-1142

About us

Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organisation that’s trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.

Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
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