US Biosimilars Market: Driving Cost-effective Solutions in Biologic Treatments

Prasad D
3 min readSep 30, 2024

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As per Fortune Business Insights’ report, the US Biosimilars Market share sector attained a worth of USD 6.73 Billion in 2021. Forecasts indicate a promising path, foreseeing a Compound Annual Growth Rate (CAGR) of 40.2% from 2021 to 2029. This trajectory will culminate in a noteworthy achievement of USD 100.75 Billion by 2029, highlighting considerable opportunities within this flourishing high-volume industry. North America dominated the market in 2021.

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In a recent study, Fortune Business Insights presents the nitty-gritty of the global US Biosimilars Market considering 2024–2032 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities, and market growth trends. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

Top Companies in the US Biosimilars Market:

  • Pfizer Inc. (U.S.)
  • Amgen Inc. (U.S.)
  • Samsung Bioepis (South Korea)
  • Novartis AG (Switzerland)
  • Celltrion Inc. (South Korea)
  • Viatris Inc.(U.S.)
  • Coherus BioSciences (U.S.)

The US Biosimilars Market study outlines the key regions of North America, Latin America, Europe, East Asia, and Japan along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing, and gross margin.

US Biosimilars Market Dynamics:

  • Patent Expirations of Biologic Drugs
  • Regulatory Framework and Approval Process
  • Cost-effectiveness and Pricing Strategies
  • Physician and Patient Acceptance and Awareness
  • Competition from Originator Biologic Drugs

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The insights for each vendor consist of:

  • Company profile
  • SWOT analysis
  • Main market information
  • Market share
  • Revenue, pricing, and gross margin

Crucial insights in the US Biosimilars Market research:

  1. Underlying macro- and microeconomic factors impacting the growth of the US Biosimilars Market.
  2. Basic overview of US Biosimilars Market, including market definition, classification, and applications.
  3. Scrutinization of each US Biosimilars Market player based on mergers & acquisitions, R&D projects, and product launches.
  4. Adoption trend of US Biosimilars Market across various industries.
  5. Important regions and countries offer lucrative opportunities to US Biosimilars Market stakeholders.

Important regions covered in the US Biosimilars Market report include:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Table of Contents:

1. Introduction

1.1 Research Scope

1.2 Customer Segmentation

1.3 Data Gathering Strategies

1.4 Key Definitions & Caveats

2. Executive Summary

3. Market Dynamics

3.1 US Biosimilars Market Drivers

3.2 US Biosimilars Market Restraints

3.3 Market Opportunities

4. Key Insights

4.1 Value Chain

4.2 Major M&A moves and game-changing partnerships.

4.3 Covid-19 Impact

5. Future of the Healthcare Industry

6. Competitive Landscape

7. Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

8. US Biosimilars Market Growth Size 2024

9. Strategies Adopted by Leading Players

10. Company Profiles (Overview, Financials, Products and Services, and Recent Developments)

11. Disclaimer

TOC Continued…!

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FAQ’s

  1. How big is the US Biosimilars Market?
  2. What factors are influencing the US Biosimilars Market growth in North America?
  3. Who are the key US Biosimilars Market players?

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