Biosimilars Market Size, Share, and Trends 2024 to 2034

The global biosimilars market size is calculated at USD 40.36 billion in 2025 and is forecasted to hit around USD 175.99 billion by 2034, representing a CAGR of 17.78% from 2025 to 2034. The Europe market size is evaluated at USD 15.37 billion in 2025 and is expanding at a CAGR of 17.34% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 1359
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Biosimilars Market 

5.1. COVID-19 Landscape: Biosimilars Industry Impact

5.2. COVID-19 - Impact Assessment for the Industry

5.3. COVID-19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Biosimilars Market, By Product

8.1. Biosimilars Market, by Product

8.1.1. Monoclonal Antibodies

8.1.1.1. Market Revenue and Forecast

8.1.2. Insulin

8.1.2.1. Market Revenue and Forecast

8.1.3. Granulocyte Colony-Stimulating Factor

8.1.3.1. Market Revenue and Forecast

8.1.4. Erythropoietin

8.1.4.1. Market Revenue and Forecast

8.1.5. Recombinant Human Growth Hormone

8.1.5.1. Market Revenue and Forecast

8.1.6. Etanercept

8.1.6.1. Market Revenue and Forecast

8.1.7. Follitropin

8.1.7.1. Market Revenue and Forecast

8.1.8. Teriparatide

8.1.8.1. Market Revenue and Forecast

8.1.9. Interferons

8.1.9.1. Market Revenue and Forecast

8.1.10. Anticoagulants

8.1.10.1. Market Revenue and Forecast

8.1.11. Other

8.1.11.1. Market Revenue and Forecast

Chapter 9. Global Biosimilars Market, By Application

9.1. Biosimilars Market, by Application

9.1.1. Oncology

9.1.1.1. Market Revenue and Forecast

9.1.2. Growth Hormonal Deficiency

9.1.2.1. Market Revenue and Forecast

9.1.3. Blood Disorders

9.1.3.1. Market Revenue and Forecast

9.1.4. Chronic & Autoimmune Disorders

9.1.4.1. Market Revenue and Forecast

9.1.5. Infectious Disease

9.1.5.1. Market Revenue and Forecast

9.1.6. Others

9.1.6.1. Market Revenue and Forecast

Chapter 10. Global Biosimilars Market, By Manufacturer 

10.1. Biosimilars Market, by Manufacturer

10.1.1. Contract Research and Manufacturing Services

10.1.1.1. Market Revenue and Forecast

10.1.2. In-house

10.1.2.1. Market Revenue and Forecast

Chapter 11. Global Biosimilars Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Product

11.1.2. Market Revenue and Forecast, by Application

11.1.3. Market Revenue and Forecast, by Manufacturer

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Product

11.1.4.2. Market Revenue and Forecast, by Application

11.1.4.3. Market Revenue and Forecast, by Manufacturer

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Product

11.1.5.2. Market Revenue and Forecast, by Application

11.1.5.3. Market Revenue and Forecast, by Manufacturer

11.2. Europe

11.2.1. Market Revenue and Forecast, by Product

11.2.2. Market Revenue and Forecast, by Application

11.2.3. Market Revenue and Forecast, by Manufacturer

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Product

11.2.4.2. Market Revenue and Forecast, by Application

11.2.4.3. Market Revenue and Forecast, by Manufacturer

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Product

11.2.5.2. Market Revenue and Forecast, by Application

11.2.5.3. Market Revenue and Forecast, by Manufacturer

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Product

11.2.6.2. Market Revenue and Forecast, by Application

11.2.6.3. Market Revenue and Forecast, by Manufacturer

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Product

11.2.7.2. Market Revenue and Forecast, by Application

11.2.7.3. Market Revenue and Forecast, by Manufacturer

11.3. APAC

11.3.1. Market Revenue and Forecast, by Product

11.3.2. Market Revenue and Forecast, by Application

11.3.3. Market Revenue and Forecast, by Manufacturer

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Product

11.3.4.2. Market Revenue and Forecast, by Application

11.3.4.3. Market Revenue and Forecast, by Manufacturer

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Product

11.3.5.2. Market Revenue and Forecast, by Application

11.3.5.3. Market Revenue and Forecast, by Manufacturer

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Product

11.3.6.2. Market Revenue and Forecast, by Application

11.3.6.3. Market Revenue and Forecast, by Manufacturer

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Product

11.3.7.2. Market Revenue and Forecast, by Application

11.3.7.3. Market Revenue and Forecast, by Manufacturer

11.4. MEA

11.4.1. Market Revenue and Forecast, by Product

11.4.2. Market Revenue and Forecast, by Application

11.4.3. Market Revenue and Forecast, by Manufacturer

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Product

11.4.4.2. Market Revenue and Forecast, by Application

11.4.4.3. Market Revenue and Forecast, by Manufacturer

11.4.4. North Africa

11.4.4.1. Market Revenue and Forecast, by Product

11.4.4.2. Market Revenue and Forecast, by Application

11.4.4.3. Market Revenue and Forecast, by Manufacturer

11.4.5. South Africa

11.4.5.1. Market Revenue and Forecast, by Product

11.4.7.2. Market Revenue and Forecast, by Application

11.4.5.3. Market Revenue and Forecast, by Manufacturer

11.4.6. Rest of MEA

11.4.6.1. Market Revenue and Forecast, by Product

11.4.6.2. Market Revenue and Forecast, by Application

11.4.6.3. Market Revenue and Forecast, by Manufacturer

11.7. Latin America

11.7.1. Market Revenue and Forecast, by Product

11.7.2. Market Revenue and Forecast, by Application

11.7.3. Market Revenue and Forecast, by Manufacturer

11.8. Brazil

11.4.8.1. Market Revenue and Forecast, by Product

11.4.8.2. Market Revenue and Forecast, by Application

11.4.8.3. Market Revenue and Forecast, by Manufacturer

11.9. Rest of LATAM

11.4.9.1. Market Revenue and Forecast, by Product

11.4.9.2. Market Revenue and Forecast, by Application

11.4.9.3. Market Revenue and Forecast, by Manufacturer

 Chapter 12. Company Profiles

12.1. Novartis

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Synthon Pharmaceuticals, Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. TevaPharmaceutical Industries Ltd.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. LG Life Sciences

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Celltrion

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Biocon

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Hospira

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Merck Serono

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Biogen idec, Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Genentech

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives 

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global biosimilars market size was valued at USD 34.43 billion in 2024 and it is projected to hit over USD 175.99 billion by 2034.

The rising prevalence of diseases and the effective treatment of these chronic diseases at affordable costs are the two major drivers of the global biosimilars market.

The global biosimilars market is growing at a CAGR 17.78% during the forecast period 2025 to 2034.

The major players operating in the biosimilars market are Novartis, Synthon Pharmaceuticals, Inc., TevaPharmaceutical Industries Ltd., LG Life Sciences, Celltrion, Biocon, Hospira, Merck Serono, Biogen idec, Inc., Genentech.

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