Global Biosimilars Market Size & Outlook
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)
$46,252.5
CAGR, 2021 - 2027
19.6%
Report Coverage
Worldwide
Global biosimilars market, 2016-2027 (US$M)
Related Markets
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 2020 | USD 13,216.7 million |
| Market revenue in 2027 | USD 46,252.5 million |
| Growth rate | 19.6% (CAGR from 2020 to 2027) |
| Largest segment | Recombinant non-glycosylated proteins |
| Fastest growing segment | Recombinant Glycosylated Proteins |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Recombinant 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 Scope
Biosimilars market segmentation & scope
Human Growth Hormone
Granulocyte Colony-Stimulating Factor
Insulin
Erythropoietin
Monoclonal Antibodies
Follitropin
Oncology
Blood Disorders
Growth Hormonal Deficiency
Rheumatoid Arthritis
Chronic and Autoimmune Disorders
Others
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
- Recombinant Non-Glycosylated Proteins
- 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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Target buyers of Global biosimilars market databook
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Our clientele includes a mix of biosimilars market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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.
Partial client list
Global biosimilars market statistics, by regions, 2016-2027 (US$M)
Top 10 countries: Biosimilars market size, 2020 (USD Million)
Top 10 countries: Biosimilars market size, 2020 (USD Million)
Global biosimilars market, by region, 2020 (US$M)
Related regional statistics
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