Global Biosimilars Market Size & Outlook, 2025-2033

The global biosimilars market size was estimated at USD 33,922.7 thousand in 2024 and is projected to reach USD 151,575.3 thousand by 2033, growing at a CAGR of 18.3% from 2025 to 2033.
Revenue, 2024 (US$K)
$33,922.7
Forecast, 2033 (US$K)
$151,575.3
CAGR, 2025 - 2033
18.3%
Report Coverage
Worldwide

Global biosimilars market highlights

  • The global biosimilars market generated a revenue of USD 33,922.7 thousand in 2024 and is expected to reach USD 151,575.3 thousand by 2033.
  • The market is expected to grow at a CAGR (2025 - 2033) of 18.3% by 2033.
  • In terms of segment, monoclonal antibodies (mabs) accounted for a revenue of USD 17,776.7 thousand in 2024.
  • Insulin & Analogues is the most lucrative drug class segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2033.

Global data book summary

Market revenue in 2024USD 33,922.7 thousand
Market revenue in 2033USD 151,575.3 thousand
Growth rate18.3% (CAGR from 2025 to 2033)
Largest segmentMonoclonal antibodies (mabs)
Fastest growing segmentInsulin & Analogues
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD thousand
Market segmentationMonoclonal Antibodies (mAbs), Growth Factors & Hematopoietic Agents, Insulin & Analogues, Osteoporosis / Bone Metabolism Agents, Others Drug Class

Other key industry trends

  • In terms of revenue, the North America accounted for 42.7% of the global biosimilars market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 1,781.1 thousand by 2033.

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Biosimilars Market Companies

Name Profile # Employees HQ Website
Sandoz Group AG ADR View profile - - -
Biocon View profile 10001+ Bangalore, Karnataka, India, Asia http://www.biocon.com
Samsung Bioepis View profile 501-1000 Incheon, Inch'on-jikhalsi, South Korea, Asia https://www.samsungbioepis.com
Celltrion Healthcare View profile 51-100 Incheon, Inch'on-jikhalsi, South Korea, Asia http://www.celltrionhealthcare.com/
Viatris Inc View profile 38000 1000 Mylan Boulevard, Canonsburg, PA, United States, 15317 https://www.viatris.com
Roche View profile 10001+ Basel, Basel-Stadt, Switzerland, Europe http://www.roche.com
Dr. Reddy’s Laboratories View profile 10001+ Hyderabad, Andhra Pradesh, India, Asia http://www.drreddys.com/
Pfizer Inc View profile 88000 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 https://www.pfizer.com
AbbVie Inc View profile 50000 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 http://www.abbvieinvestor.com
Amgen Inc View profile 26700 One Amgen Center Drive, Thousand Oaks, CA, United States, 91320-1799 https://www.amgen.com
Teva Pharmaceutical Industries Ltd View profile 37851 124 Dvora HaNevi’a Street, Tel Aviv, Israel, 6944020 https://www.tevapharm.com

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.


Monoclonal antibodies (mabs) was the largest segment with a revenue share of 52.4% in 2024. Horizon Databook has segmented the Global biosimilars market based on monoclonal antibodies (mabs), growth factors & hematopoietic agents, insulin & analogues, osteoporosis / bone metabolism agents, others drug class covering the revenue growth of each sub-segment from 2021 to 2033.


  • Global Biosimilars Drug Class Outlook (Revenue, USD Thousand, 2021-2033)
    • Monoclonal Antibodies (mAbs)
    • Growth Factors & Hematopoietic Agents
    • Insulin & Analogues
    • Osteoporosis / Bone Metabolism Agents
    • Others Drug Class
  • Global Biosimilars Indication Outlook (Revenue, USD Thousand, 2021-2033)
    • Autoimmune Disorders (RA, IBD, Psoriasis, Ankylosing Spondylitis)
    • Oncology (Breast, Colorectal, Lymphoma, Lung, Gastric)
    • Diabetes Mellitus (Type 1 & Type 2)
    • Ophthalmic Disorders (Wet AMD, DME, RVO)
    • Hematologic / Rare Blood Disorders
    • Others Indication
  • Global Biosimilars End Use Outlook (Revenue, USD Thousand, 2021-2033)
    • Hospitals
    • Specialty Pharmacies
    • Online & Retail Channels

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  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global biosimilars market databook

  • Our clientele includes a mix of biosimilars market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Global biosimilars market size, by regions, 2021-2033 (US$K)

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, 2024 (US$K)

Global biosimilars market size, by regions, 2021-2033 (US$K)

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