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Published Date: 2017-09-15Number of Pages: 183

Oncology Biosimilars Market (Drug Class - G-CSF, Monoclonal Antibodies, and Hematopoietic Agents; Disease Indication - Breast Cancer, Non-small Cell Lung Cancer, Colorectal Cancer, Neutropenia, and Blood Cancer (Leukemia and Non-Hodgkin Lymphoma); and Distribution Channel - Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy) - Global Industry Analysis, Size, Share, Volume, Growth, Trends, and Forecast 2017 - 2025

Global Oncology Biosimilars Market: Snapshot

The global oncology biosimilars market is predicted to benefit immensely with the rising demand for affordable therapies for cancer. This is because cancer is presently the costliest health affair in terms of both diagnosis and treatment. Pharmaceutical companies worldwide are hard-focused on developing biosimilars and generic medicines to combat cancer at all stages and also for the treatment of the disease.

Oncology biosimilars are similar versions of oncology biologics that are manufactured by different companies and have been officially approved for cancer treatment. Biosimilars are cost-effective molecules with the same efficacy and potency as the original reference biologic. The relatively easy manufacturing of biosimilars and the license to manufacture biosimilars after the expiration of original reference biologic is acting in favor of the global oncology biosimilars market.

On the down side, complex infrastructure needed for the development of biosimilars and lengthy process for the approval of biosimilars is providing headwinds to the market’s growth.

A report by Transparency Market Research estimates the global oncology biosimilars market to expand at an outstanding 27.5% CAGR between 2017 and 2025, for the market to become worth US$17,478.2 mn by the end of 2025 considerably up from its evaluated worth ofUS$2,100 mn in 2016.

 

oncology biosimilars market

 

G-CSF Drug Class Segment Gains from Patent Expiration of Original Biologics

The report studies the global oncology biosimilars market based on a few parameters. The segments into which the oncology biosimilars market is divided depending upon drug class are G-CSF, monoclonal antibody, and hematopoietic agents. In 2016, the G-CSF segment dominated the market in terms of revenue, and the segment is expected to lead until the end of 2025. The G-CSF drug class segment is leading mainly because of a robust pipeline of oncology biosimilars of key players in the market. Moreover, patent expirations of reference biologics is contributing to the growth of G-CSF drug class segment.

Based on disease indication the market has been segmented into breast cancer, blood cancer, colorectal cancer, non-small cell lung cancer, neutropenia, and others. Blood cancer segment has been further sub-segmented into leukemia and non-Hodgkin’s lymphoma. Of them, neutropenia led the market in 2016. Going forward too, neutropenia segment is anticipated to remain dominant over the forecast period. The strong growth of this segment is attributed to patent expiration of blockbuster oncology biologics and efforts from several governments to make affordable medicines accessible to patients. Also, the growth of neutropenia segment is driven by approvals received by numerous manufacturers in Europe to manufacture filgrastim and Peg-Filgrastim. The blood cancer segment is predicted to display a robust CAGR over the forecast period owing to a large number of pipeline of biosimilars, and the rising adoption of biosimilars among physicians and patients.

On the basis of distribution channel, the segments into which the global oncology biosimilars market has been segmented in this report are hospital pharmacy, retail pharmacy, and online pharmacy. Vis-à-vis revenue, hospital pharmacy led the market in 2016, and the segment is expected to remain dominant over the forecast period.

Efforts of Players to Enter into Strategic Alliances Benefit Asia Pacific Market

Geography-wise, North America, Europe, Asia Pacific, and Rest of the World are key segments that divide the global oncology biosimilars market. Asia Pacific held a significant share of the oncology biosimilars market in 2016. This is mainly because of low cost of biosimilars as compared to original reference biologics and availability of cost effective and safe cancer medications via retail stores in this region. In addition, focus of leading players in the region to enter to strategic alliances for expanding outreach is also benefitting the Asia Pacific oncology biosimilars market.

Leading companies in the global oncology biosimilars market that are profiled in this report are Celltrion Inc., Biocon, Dr. Reddy’s Laboratories Ltd., STADA Arzneimittel AG, Intas Pharmaceuticals Ltd., Pfizer Inc., Sandoz International GmbH, Teva Pharmaceutical Industries Ltd., Apotex Inc., and BIOCAD.

Global Oncology Biosimilars Market: Overview

This report on the oncology biosimilars market analyzes the current and future scenario of the global market. Increasing prevalence of cancer, innovation in the development of new drugs, pipeline analysis, and drug class sales during the forecast period.

The global oncology biosimilars market report contain an elaborate executive summary, which includes following points such as market snapshot that provides information about various segments globally. It also comprise information and data analysis of the country’s market with respect to the segments based on drug class, disease indication, distribution channels and regions. A detailed qualitative analysis of drivers and restraints, opportunities, and trends has been provided in the market overview section. Additionally, the section comprises key molecules, Porters Five Forces Analysis and cancer statistics to help understand the competitive landscape in the market. This section also provides market attractiveness analysis in terms of country and market share analysis by key players, thus presenting a thorough analysis of the overall competitive scenario in the global oncology biosimilars market.

Global Oncology Biosimilars Market: Market Segmentation

Based on drug class, the market has been segmented into three major drug class such as G-CSF, monoclonal antibody, hematopoietic agents. The market segments have been analyzed based on available approved products, cost-effectiveness. All segments market size and forecast has been presented for the period from 2017 to 2025, 2016 consider as a base year for this report.

In terms of disease indication – the oncology biosimilars market has been segmented into following segments including breast cancer, non-small cell lung cancer, colorectal cancer, neutropenia, blood cancer and others. . All segments market size and forecast has been presented for the period from 2017 to 2025, 2016 consider as a base year for this report.

As per distribution channels, the oncology biosimilars market has been segmented into three segments including hospital pharmacy, retail pharmacy, and online pharmacy. All market segmentations has been analyzed based on increasing demand for disease treatment. Increased patient hospitalization for the treatment of cancer are driving the market share of hospital pharmacy segment. The market size and forecast in terms of US$ Mn for each segment have been provided for the period from 2015 to 2025. The report also comprise the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2017 to 2025, considering 2016 as the base year.

Geographically, oncology biosimilars market on the basis of region has been segmented into North America, Europe, Asia Pacific and Rest of the World. The market size and forecast for each of these regions have been presented for the period from 2015 to 2025. CAGR for all segments has been presented for the period from 2017 to 2025, 2016 consider as a base year for this report. The report also profiles major key players in the oncology biosimilars market based on various attributes such as company overview, product portfolio, financial overview, business strategies, recent developments and company SWOT analysis.

Global Oncology Biosimilars Market: Competitive Dynamics

Key players for oncology biosimilars market profiled in this report are Celltrion Inc., Pfizer, Inc., Biocon, Sandoz International GmbH (A Novartis Division), Dr. Reddy’s Laboratories Ltd., Teva Pharmaceutical Industries Ltd., STADA Arzneimittel AG, Apotex Inc. (Apobiologix), Intas Pharmaceuticals Ltd. And BIOCAD.

The Oncology Biosimilars Market has been segmented as follows:

  • Oncology Biosimilars Market, by Drug Class, Revenue (US$ Mn) 2015-2025
    • G-CSF
    • mAb
    • Hematopoetic Agents
       
  • Oncology Biosimilars Market, by Disease Indication, Revenue (US$ Mn) 2015-2025
    • Breast Cancer
    • Non-Small Cell Lung Cancer
    • Blood Cancer
      • Leukemia
        • Myeloid Leukemia
        • CLL
        • Others
      • Non-Hodgkin's Lymphoma
    • Colorectal Cancer
    • Neutropenia
    • Others
       
  • Oncology Biosimilars Market, by Distribution Channel, Revenue (US$ Mn) 2015-2025
    • Hospital Pharmacy
    • Online Pharmacy
    • Retail Pharmacy
  • Oncology Biosimilars Market Revenue, by Geography (US$ Bn), 2015-2025
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • France
      • U.K.
      • Italy
      • Spain
      • Russia
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • India
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Rest of the World
      • Mexico
      • Brazil
      • Rest of ROW


 
 
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