Global Biosimilars Market Size & Outlook, 2020-2027

The biosimilars industry worldwide is expected to reach a projected revenue of US$ 46,252.5 million by 2027. A compound annual growth rate of 19.6% is expected of the worldwide biosimilars industry from 2021 to 2027.
Revenue, 2020 (US$M)
$13,216.7
Forecast, 2027 (US$M)
$46,252.5
CAGR, 2021 - 2027
19.6%
Report Coverage
Worldwide

Global biosimilars market highlights

  • The global biosimilars market generated a revenue of USD 13,216.7 million in 2020 and is expected to reach USD 46,252.5 million by 2027.
  • The market is expected to grow at a CAGR (2021 - 2027) of 19.6% by 2027.
  • In terms of segment, recombinant non-glycosylated proteins accounted for a revenue of USD 7,163.1 million in 2020.
  • Recombinant Glycosylated Proteins is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2020.
  • Country-wise, Germany is expected to register the highest CAGR from 2021 to 2027.

Global data book summary

Market revenue in 2020USD 13,216.7 million
Market revenue in 2027USD 46,252.5 million
Growth rate19.6% (CAGR from 2020 to 2027)
Largest segmentRecombinant non-glycosylated proteins
Fastest growing segmentRecombinant Glycosylated Proteins
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationRecombinant Non-Glycosylated Proteins, Recombinant Glycosylated Proteins

Other key industry trends

  • In terms of revenue, the North America accounted for 25.6% of the global biosimilars market in 2020.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, Germany is the fastest growing regional market and is projected to reach USD 3,347.3 million by 2027.

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Biosimilars Market Companies

Name Profile # Employees HQ Website

Global biosimilars market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biosimilars market will help companies and investors design strategic landscapes.


Recombinant non-glycosylated proteins was the largest segment with a revenue share of 54.2% in 2020. Horizon Databook has segmented the Global biosimilars market based on recombinant non-glycosylated proteins, recombinant glycosylated proteins covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Biosimilars Product Outlook (Revenue, USD Million, 2016-2027)
    • Recombinant Non-Glycosylated Proteins
      • Human Growth Hormone
      • Granulocyte Colony-Stimulating Factor
      • Insulin
    • Recombinant Glycosylated Proteins
      • Erythropoietin
      • Monoclonal Antibodies
      • Follitropin
  • Global Biosimilars Application Outlook (Revenue, USD Million, 2016-2027)
    • Oncology
    • Blood Disorders
    • Growth Hormonal Deficiency
    • Rheumatoid Arthritis
    • Chronic and Autoimmune Disorders
    • Others
  • Global Biosimilars Manufacturing Type Outlook (Revenue, USD Million, 2016-2027)
    • In House Manufacturing
    • Contract Manufacturing

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  • Our clientele includes a mix of biosimilars market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global biosimilars market , including forecasts for subscribers. This global databook contains high-level insights into Global biosimilars market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global biosimilars market size, by regions, 2016-2027 (US$M)

Top 10 countries: Biosimilars market size, 2020 (US$M)

Global biosimilars market share, by product, 2020 & 2027 (%, US$M)

Biosimilars market: Opportunity assessment by country

Global biosimilars market, by region, 2020 (US$M)

Global biosimilars market size, by regions, 2016-2027 (US$M)

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