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Global Biosimilars Market worth reach USD 58.40 billion by 2022 - Scalar Market Research
Biosimilars Market, by Product Types (Recombinant Glycosylated Proteins, Recombinant Non-Glycosylated Proteins, Recombinant Peptides), Applications (Oncology, Blood Disorders, Infectious Diseases, Autoimmune Diseases and Others) - Global Revenue, Trends, Growth, Share, Size and Forecast to 2022Download free Sample : https://www.scalarmarketresearch.com/request-sample.php?id=9
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Global Biosimilars Market worth USD 3 billion in 2016 and expected to reach USD 58.40 billion by 2022, at a CAGR of 52.77% from 2016 to 2022.
Our industry experts anticipate that within the biosimilars market, the recombinant glycosylated proteins will be the fastest-growing product segment, growing at a CAGR ranging from 70% to 55%. In addition, oncology will be the largest and the fastest-growing application segment in the market, growing at a CAGR ranging from 80% to 55% by 2022.
KEY PREMIUM INDUSTRY INSIGHTS
The biosimilars market offers many growth opportunities and driving factors as compared to the restraining factors. It is stated by various research scientists that development of biosimilars will drastically reduce the price of the pharmaceutical drugs.
A large number of key companies such as Hospira, Inc., Teva Pharmaceutical, Amgen, and others are in constant efforts to develop biosimilars and are rigorously increasing their research & development expenses on clinical trials to introduce novel biosimilars, driving the market growth.
RESEARCH METHODOLOGY
The research methodology for Scalar Market Research’s biosimilars market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.
Browse Report: https://www.scalarmarketresearch.com/market-reports/biosimilars-market
TRENDING RELATED REPORT
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https://www.scalarmarketresearch.com/market-reports/synthetic-biology-market
About Scalar Market Research
Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.
Find out more about our services at: www.scalarmarketresearch.com
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