This report describes and explains the adalimumab, infliximab and etanercept biosimilars market and covers 2016-2021, termed the historic period, and 2021-2026 termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The global adalimumab, infliximab and etanercept biosimilars market reached a value of nearly $2,757.45 million in 2021, having grown at a compound annual growth rate (CAGR) of 93.90% since 2016. The market is expected to grow from $2,757.45 million in 2021 to $5,591.82 million in 2026 at a rate of 15.20%. The market is then expected to grow at a CAGR of 9.96% from 2026 and reach $8,991.32 million in 2031.
Growth in the historic period resulted from increased healthcare expenditure, regulatory changes, regulatory changes, government initiatives and rising healthcare costs. The market was restrained by the companies gaining market share without a simple price war, low healthcare access and a lack of awareness on biosimilars among primary care physicians and specialists.
Going forward, a rise in healthcare expenditure, aging population and an increase in healthcare access will drive market growth. Factors that could hinder the growth of the adalimumab, infliximab and etanercept biosimilars market in the future include insufficient and outdated health system infrastructure.
The adalimumab, infliximab and etanercept biosimilars market is segmented by product into adalimumab biosimilars, infliximab biosimilars, and Cipleumab. The adalimumab biosimilars market was the largest segment of the adalimumab, infliximab and etanercept biosimilars market segmented by product, accounting for 39.33% of the total in 2021. Going forward, the Cipleumab segment is expected to be the fastest growing segment in the adalimumab, infliximab and etanercept biosimilars market segmented by product, at a CAGR of 17.18% during 2021-2026.
The adalimumab, infliximab and etanercept biosimilars market is also segmented by application into Crohn’s disease, psoriatic arthritis, rheumatoid arthritis, ulcerative colitis, ankylosing spondylitis, plaque psoriasis, and other applications. The other applications market was the largest segment of the adalimumab, infliximab and etanercept biosimilars market segmented by application, accounting for 20.1% of the total in 2021. Going forward, the other applications segment is expected to be the fastest growing segment in the adalimumab, infliximab and etanercept biosimilars market segmented by application, at a CAGR of 15.8% during 2021-2026.
The adalimumab, infliximab and etanercept biosimilars market is also segmented by distribution channel into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies market was the largest segment of the adalimumab, infliximab and etanercept biosimilars market segmented by distribution channel, accounting for 87.7% of the total in 2021. Going forward, the online pharmacies segment is expected to be the fastest growing segment in the adalimumab, infliximab and etanercept biosimilars market segmented by distribution channel, at a CAGR of 32.2% during 2021-2026.
Western Europe was the largest region in the adalimumab, infliximab and etanercept biosimilars market, accounting for 86.3% of the total in 2021. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the adalimumab, infliximab and etanercept biosimilars market will be Africa, and, Eastern Europe where growth will be at CAGRs of 110.4% and 56.5% respectively. These will be followed by Middle East, and, South America where the markets are expected to grow at CAGRs of 52.9% and 50.3% respectively.
The global adalimumab, infliximab and etanercept biosimilars market is concentrated, with a small number of large players in the market. The top ten competitors in the market made up to 98.57% of the total market in 2021. Biogen was the largest competitor with 30.14% of the market, followed by Sandoz (Novartis) with23.83 %, Pfizer with 18.04%, Amgen with 7.67%, Celltrion with 4.26%, Samsung Bioepis (Samsung Biologics) with 4.07%, Hetero Drugs Limited with 3.08%, Fresenius Kabi AG with 2.75%, Boehringer Ingelheim with 2.54% and Biocon with2.19 %.
The top opportunities in the adalimumab, infliximab and etanercept biosimilars market segmented by product will arise in the adalimumab biosimilars market segment, which will gain $1,165.5 million of global annual sales by 2026. The top opportunities in the adalimumab, infliximab and etanercept biosimilars market segmented by application will arise in the other applications market segment, which will gain $ 601.4 of global annual sales by 2026. The top opportunities in the adalimumab, infliximab and etanercept biosimilars market segmented by distribution channel will arise in the hospital pharmacies market segment, which will gain $1,939.2 of global annual sales by 2026. The adalimumab, infliximab and etanercept biosimilars market size will gain the most in the USA at $738.0 million.
Market-trend-based strategies for the adalimumab, infliximab and etanercept biosimilars market include focus on launching new products, focus on mergers and acquisitions, focus on establishing strategic partnerships and focus on increasing investments.
Player-adopted strategies in the adalimumab, infliximab and etanercept biosimilars market include focus on expanding market presence through strategic collaborations and partnerships, focus on meeting the changing needs of health care providers and patients through launching new biosimilar formulations and focus on strengthening business operations through the launch of new products.
To take advantage of the opportunities, the publisher recommends the adalimumab, infliximab and etanercept biosimilars companies to focus on new product launches, expand in emerging markets, increase focus on mergers and acquisitions, offer competitive pricing, continue to participate in events and conferences and focus on fast-growing applications.
The global adalimumab, infliximab and etanercept biosimilars market reached a value of nearly $2,757.45 million in 2021, having grown at a compound annual growth rate (CAGR) of 93.90% since 2016. The market is expected to grow from $2,757.45 million in 2021 to $5,591.82 million in 2026 at a rate of 15.20%. The market is then expected to grow at a CAGR of 9.96% from 2026 and reach $8,991.32 million in 2031.
Growth in the historic period resulted from increased healthcare expenditure, regulatory changes, regulatory changes, government initiatives and rising healthcare costs. The market was restrained by the companies gaining market share without a simple price war, low healthcare access and a lack of awareness on biosimilars among primary care physicians and specialists.
Going forward, a rise in healthcare expenditure, aging population and an increase in healthcare access will drive market growth. Factors that could hinder the growth of the adalimumab, infliximab and etanercept biosimilars market in the future include insufficient and outdated health system infrastructure.
The adalimumab, infliximab and etanercept biosimilars market is segmented by product into adalimumab biosimilars, infliximab biosimilars, and Cipleumab. The adalimumab biosimilars market was the largest segment of the adalimumab, infliximab and etanercept biosimilars market segmented by product, accounting for 39.33% of the total in 2021. Going forward, the Cipleumab segment is expected to be the fastest growing segment in the adalimumab, infliximab and etanercept biosimilars market segmented by product, at a CAGR of 17.18% during 2021-2026.
The adalimumab, infliximab and etanercept biosimilars market is also segmented by application into Crohn’s disease, psoriatic arthritis, rheumatoid arthritis, ulcerative colitis, ankylosing spondylitis, plaque psoriasis, and other applications. The other applications market was the largest segment of the adalimumab, infliximab and etanercept biosimilars market segmented by application, accounting for 20.1% of the total in 2021. Going forward, the other applications segment is expected to be the fastest growing segment in the adalimumab, infliximab and etanercept biosimilars market segmented by application, at a CAGR of 15.8% during 2021-2026.
The adalimumab, infliximab and etanercept biosimilars market is also segmented by distribution channel into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies market was the largest segment of the adalimumab, infliximab and etanercept biosimilars market segmented by distribution channel, accounting for 87.7% of the total in 2021. Going forward, the online pharmacies segment is expected to be the fastest growing segment in the adalimumab, infliximab and etanercept biosimilars market segmented by distribution channel, at a CAGR of 32.2% during 2021-2026.
Western Europe was the largest region in the adalimumab, infliximab and etanercept biosimilars market, accounting for 86.3% of the total in 2021. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the adalimumab, infliximab and etanercept biosimilars market will be Africa, and, Eastern Europe where growth will be at CAGRs of 110.4% and 56.5% respectively. These will be followed by Middle East, and, South America where the markets are expected to grow at CAGRs of 52.9% and 50.3% respectively.
The global adalimumab, infliximab and etanercept biosimilars market is concentrated, with a small number of large players in the market. The top ten competitors in the market made up to 98.57% of the total market in 2021. Biogen was the largest competitor with 30.14% of the market, followed by Sandoz (Novartis) with23.83 %, Pfizer with 18.04%, Amgen with 7.67%, Celltrion with 4.26%, Samsung Bioepis (Samsung Biologics) with 4.07%, Hetero Drugs Limited with 3.08%, Fresenius Kabi AG with 2.75%, Boehringer Ingelheim with 2.54% and Biocon with2.19 %.
The top opportunities in the adalimumab, infliximab and etanercept biosimilars market segmented by product will arise in the adalimumab biosimilars market segment, which will gain $1,165.5 million of global annual sales by 2026. The top opportunities in the adalimumab, infliximab and etanercept biosimilars market segmented by application will arise in the other applications market segment, which will gain $ 601.4 of global annual sales by 2026. The top opportunities in the adalimumab, infliximab and etanercept biosimilars market segmented by distribution channel will arise in the hospital pharmacies market segment, which will gain $1,939.2 of global annual sales by 2026. The adalimumab, infliximab and etanercept biosimilars market size will gain the most in the USA at $738.0 million.
Market-trend-based strategies for the adalimumab, infliximab and etanercept biosimilars market include focus on launching new products, focus on mergers and acquisitions, focus on establishing strategic partnerships and focus on increasing investments.
Player-adopted strategies in the adalimumab, infliximab and etanercept biosimilars market include focus on expanding market presence through strategic collaborations and partnerships, focus on meeting the changing needs of health care providers and patients through launching new biosimilar formulations and focus on strengthening business operations through the launch of new products.
To take advantage of the opportunities, the publisher recommends the adalimumab, infliximab and etanercept biosimilars companies to focus on new product launches, expand in emerging markets, increase focus on mergers and acquisitions, offer competitive pricing, continue to participate in events and conferences and focus on fast-growing applications.
Frequently Asked Questions about the Global Adalimumab, Infliximab And Etanercept Biosimilars Market
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Report Attribute | Details |
---|---|
No. of Pages | 252 |
Published | November 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD
| USD 2757.45 Million |
Forecasted Market Value ( USD
| USD 8991.32 Million |
Compound Annual Growth Rate | 12.5% |
Regions Covered | Global |
Table of Contents
1. Adalimumab, Infliximab And Etanercept Biosimilars Market Executive Summary2. Table of Contents3. List of Figures4. List of Tables5. Report Structure18. Competitive Landscape And Company Profiles20. Pipeline Analysis
6. Introduction and Market Characteristics
7. Major Market Trends
8. Global Market Size And Growth
9. Adalimumab, Infliximab and Etanercept Biosimilars Market, Regional Analysis
10. Global Adalimumab, Infliximab and Etanercept Biosimilars Market Segmentation
11. Asia-Pacific Market
12. Western Europe Market
13. Eastern Europe Market
14. North America Market
15. South America Market
16. Middle East Market
17. Africa Market
19. Company Profiles
21. Key Mergers And Acquisitions In The Market
22. Global Adalimumab, Infliximab and Etanercept Biosimilars Market Opportunities And Strategies
23. Adalimumab, Infliximab and Etanercept Biosimilars Market, Conclusions And Recommendations
24. Appendix
Executive Summary
Adalimumab, Infliximab And Etanercept Biosimilars Global Market Opportunities And Strategies To 2031 from the publisher provides the strategists; marketers and senior management with the critical information they need to assess the global adalimumab, infliximab and etanercept biosimilars market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates
- Create regional and country strategies on the basis of local data and analysis
- Identify growth segments for investment
- Outperform competitors using forecast data and the drivers and trends shaping the market
- Understand customers based on the latest market research findings
- Benchmark performance against key competitors
- Utilize the relationships between key data sets for superior strategizing
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
Description:
Where is the largest and fastest growing market for adalimumab, infliximab and etanercept biosimilars? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The adalimumab, infliximab and etanercept biosimilars market global report from the publisher answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider adalimumab, infliximab and etanercept biosimilars market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about adalimumab, infliximab and etanercept biosimilars market
- Key Trends - Highlights the major trends shaping the global adalimumab, infliximab and etanercept biosimilars market. This section also highlights likely future developments in the market
- Global Market Size and Growth - Global historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods
- Regional Analysis - Historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values and growth and market share comparison by region
- Market Segmentation - Contains the market values (2016-2031) and analysis for for segment by product, by application, and by distribution channel in the market
- Regional Market Size and Growth - Regional market size (2021), historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players
- Pipeline Analysis - Briefs on the pipeline analysis of adalimumab, infliximab and etanercept biosimilars from the major players in the market
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years
- Market Opportunities And Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets
- Conclusions And Recommendations - Includes recommendations for adalimumab, infliximab and etanercept biosimilars providers in terms of product/service offerings, geographic expansion, marketing strategies and target groups
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report
Scope
Markets Covered:
- 1) By Product: Adalimumab Biosimilars; Infliximab Biosimilars; Cipleumab
- 2) By Application: Crohn’s Disease; Psoriatic Arthritis; Rheumatoid Arthritis; Ulcerative Colitis; Ankylosing Spondylitis; Plaque Psoriasis; Other Applications
- 3) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies
Countries: Australia; China; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; adalimumab, infliximab and etanercept biosimilars indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Biogen
- Novartis (Sandoz)
- Pfizer
- Amgen
- Celltrion
Methodology
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