#US Biosimilar Market analysis

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Biosimilars Unleashed: The Future of Healthcare in the US

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What is the Size of US Biosimilar Industry?

US Biosimilar Market is expected to grow at a CAGR of ~ % between 2017-2022 and is expected to reach ~USD Bn by 2028. Biosimilars enhance patient access to essential treatments, especially in therapies with high demand, like oncology, by providing more affordable options. Additionally, Growing evidence of biosimilars' comparable efficacy and safety fosters trust among healthcare professionals, driving adoption.

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Biosimilars offer cost savings compared to originator biologics, addressing the need for affordable healthcare solutions in the face of rising medical costs. Favorable regulatory frameworks, like the BPCIA, streamline biosimilar approval processes, encouraging manufacturers to invest in development.

Furthermore, The expiration of patents for numerous reference biologics creates opportunities for biosimilar entry, leading to increased competition and market expansion. Pharmaceutical companies are investing in biosimilar R&D and production, expanding the pipeline and market availability. Supportive healthcare policies and reimbursement models incentivize biosimilar adoption, creating a favorable environment for market growth.

US Biosimilar Market by drug class

The US Biosimilar market is segmented by Monoclonal Antibodies, Recombinant Hormones, Immunomodulators, Anti-inflammatory agents and Others. Based on drug class, Monoclonal Antibodies segment dominates the bio similar market in 2022.

Monoclonal antibodies have diverse applications across various therapeutic areas. From cancer treatment to autoimmune diseases, biosimilar Mabs addressed a wide range of medical needs, leading to a broad and growing market. Biosimilars, with their potential for cost savings while maintaining comparable efficacy and safety, gained significant attention as viable alternatives.

US Biosimilar Market by application

In US Biosimilar market, they are segmented by application into Oncology, Blood disorders, Chronic diseases and autoimmune conditions and Others. On the basis of application, Oncology segment was the dominant in 2022.

The increasing prevalence of cancer and the high cost of traditional biologics used in oncology treatment have created a strong incentive for the adoption of biosimilars. Biosimilars offer the potential to provide similar therapeutic outcomes at a lower cost, making them an attractive option for both healthcare providers and patients.

Additionally, the rigorous clinical trials and regulatory processes that biosimilars undergo to gain approval provide reassurance to healthcare professionals and patients regarding their safety and efficacy. This has led to increased acceptance and adoption of biosimilars in oncology.

US Biosimilar by Region

The US Biosimilar market is segmented by Region into North, East, West and South. In 2022, the dominance region is North region in US Biosimilar market.

The North region benefits from a concentration of healthcare providers and academic institutions that are at the forefront of adopting and integrating biosimilars into their treatment protocols. These institutions are more likely to have the expertise to evaluate and incorporate biosimilars effectively, driving their adoption among healthcare professionals and patients.

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Competition Scenario in US Biosimilar Market

The US biosimilar market has witnessed an evolving competitive landscape, with several key players competing for market share. Prominent pharmaceutical companies such as Amgen, Pfizer, Sandoz (Novartis), and Boehringer Ingelheim have been actively involved in developing and marketing biosimilar products. These established players have utilized their expertise in biologics and significant resources to navigate the regulatory landscape and compete effectively.

The competition in the US biosimilar market is characterized by a balance between established pharmaceutical giants and emerging biotech companies. While the major players possess the advantage of resources and experience, smaller biotech firms are also contributing to the market with innovative approaches and niche biosimilar offerings.

What is the Expected Future Outlook for the Overall US Biosimilar Market?

The US Biosimilar market was valued at USD ~Million in 2022 and is anticipated to reach USD ~ Billion by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022- 2028. The US biosimilar market is likely to experience significant growth in the coming years, driven by several factors. Biosimilars are biologic drugs that are highly similar to already approved reference biologics. They offer potential cost savings, increased competition, and improved patient access to crucial treatments.

Firstly, the regulatory environment is becoming more favorable for biosimilars. The Biologics Price Competition and Innovation Act (BPCIA) established a pathway for biosimilar approval in the US, allowing for a smoother regulatory process. As more biosimilars receive approval, competition in the market is expected to intensify.

Secondly, patents for several blockbuster biologics are expiring or have already expired. This creates opportunities for biosimilar manufacturers to enter the market with more affordable alternatives, offering healthcare systems and patients a choice in treatment options.

Thirdly, as healthcare costs continue to rise, biosimilars present an attractive solution for reducing expenses. Their potential to offer cost savings without compromising therapeutic efficacy could lead to increased adoption by healthcare providers, insurers, and patients alike.

Physician and patient education are crucial, as misconceptions about biosimilars' safety and effectiveness might hinder their adoption. Additionally, legal and market access barriers, including patent litigation and complex distribution systems, could slow down the growth of the biosimilar market.

The biosimilar market witness consolidation as larger pharmaceutical companies acquire or partner with smaller biotech firms to bolster their biosimilar portfolios. This will lead to more resources being devoted to biosimilar development and marketing. Changes in healthcare policies, such as reimbursement models and value-based care initiatives, can influence the biosimilar market's growth. Favourable policies that incentivize biosimilar adoption drives their market growth.

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An Overview of Protein A Resin: Applications and Benefits in Bioprocessing

The global protein A resin market size is expected to reach USD 4.12 Billion in 2032 and register  a steady revenue CAGR of 11.4%during the forecast period, according to latest analysis by Emergen Research. Development and launch of highly necessary biosimilar by key biopharmaceutical companies is a key factor driving market revenue growth in. Protein A resins are used for purification and fragmentation of immunoglobulins from biological fluids & cell culture media, immunoprecipitation of proteins, and antigens. For instance, on 13 June 2022, Bio-Rad Laboratories, Inc., a pioneer in life science research as well as clinical diagnostic items introduced CHT-prepacked Foresight Pro Columns. These columns are designed to facilitate downstream process-scale chromatography application areas across various stages of biological drug development and manufacturing.

The recent advancements in the Protein A Resin industry and trends driving the growth of the market. It is an investigative study covering analysis of market drivers, restraints, challenges, threats, and growth prospects in the global Protein A Resin market. The global Protein A Resin market report is a methodical research of the Protein A Resin market done by extensive primary and secondary research. The fundamental purpose of the Protein A Resin market report is to offer an accurate and strategic analysis of the Protein A Resin business sphere.

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Competitive Terrain:

The global Protein A Resin industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

GE HealthCare, Merck KGaA, Repligen Corporation, Thermo Fisher Scientific Inc., Tosoh Corporation, Purolite, Novasep Holding SAS, Agilent Technologies, Inc., GenScript, and PerkinElmer Inc

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Protein A Resin market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Protein A Resin market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Protein A Resin market.

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Market Segmentations of the Protein A Resin Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Protein A Resin market on the basis of product, application, and region:

Segments Covered in this report are:

Product Outlook (Revenue, USD Billion; 2019–2032)

Agarose-based Protein A

Glass/Silica-based Protein A

Organic Polymer-based Protein A

Type Outlook (Revenue, USD Billion; 2019–2032)                                           

Recombinant Protein A

Natural Protein A

Application Outlook (Revenue, USD Billion; 2019–2032)

Antibody Purification

Immunoprecipitation

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Major Geographies Analyzed in the Report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

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Membrane Technology in Pharmaceuticals: A Comprehensive Market Growth Analysis through 2032

Introduction

Membrane technology has become a transformative force in the pharmaceutical industry, enabling innovation in drug development, purification processes, and biopharmaceutical manufacturing. The Membrane Technology in Pharmaceutical Market is projected to witness significant growth by 2032, driven by the increasing need for efficient separation processes, rising demand for high-quality pharmaceutical products, and advancements in membrane materials and technologies.

This article explores the current landscape, key drivers, and future opportunities for the membrane technology market in pharmaceuticals, providing a comprehensive outlook on trends and growth opportunities through 2032.

Market Overview

Membrane technology involves the use of semi-permeable membranes to separate substances, filter impurities, and purify fluids. It is employed across several pharmaceutical processes, including microfiltration, ultrafiltration, nanofiltration, and reverse osmosis, to enhance product quality and reduce manufacturing costs. The growing application of membrane technology in areas like drug development, sterile filtration, and wastewater treatment has led to an increase in market demand.

Membrane Technology in Pharmaceutical Market Size was estimated at 21.8 (USD Billion) in 2023. The Membrane Technology in Pharmaceutical Market Industry is expected to grow from 23.14 (USD Billion) in 2024 to 37.2 (USD Billion) by 2032. The Membrane Technology In Pharmaceutical Market CAGR (growth rate) is expected to be around 6.11% during the forecast period (2025 - 2032).

The pharmaceutical industry has embraced membrane technology due to its ability to streamline production, ensure purity, and meet stringent regulatory requirements. The increasing complexity of drug formulations, especially biologics, has also accelerated the adoption of membrane technology for precise filtration and separation processes. This technology plays a crucial role in manufacturing high-quality biopharmaceuticals, vaccines, and active pharmaceutical ingredients (APIs), making it indispensable for modern pharmaceutical production.

Key Market Trends

Several trends are driving the growth of the Membrane Technology in Pharmaceutical Market as we look toward 2032, including rising demand for biologics, advancements in nanofiltration, and the increased focus on sustainability in pharmaceutical manufacturing.

Rising Demand for Biopharmaceuticals Biopharmaceuticals, which include biologics and biosimilars, have become an essential part of modern medicine, particularly in the treatment of chronic diseases such as cancer, autoimmune disorders, and diabetes. The production of biologics involves complex processes that require high levels of purity and precision. Membrane technology, particularly ultrafiltration and microfiltration, is used extensively in the purification and filtration of biologics to ensure product quality. The rising demand for biopharmaceuticals is a major driver of growth for the membrane technology market in the pharmaceutical sector.

Advancements in Nanofiltration Technology Nanofiltration has emerged as a key innovation in membrane technology, offering highly selective filtration processes that allow for the separation of smaller particles, ions, and molecules. In pharmaceuticals, nanofiltration is used for removing contaminants, solvents, and unwanted particles during the production process. With ongoing advancements in nanofiltration membranes, such as improved material durability and enhanced permeability, the technology is becoming increasingly effective for complex pharmaceutical processes. These advancements are expected to further drive the adoption of membrane technology in drug development and manufacturing.

Focus on Sustainability and Environmental Concerns The pharmaceutical industry is under increasing pressure to reduce its environmental impact by adopting sustainable manufacturing practices. Membrane technology has emerged as a solution to several environmental challenges faced by the industry. For instance, reverse osmosis and nanofiltration membranes are used for wastewater treatment, reducing the discharge of harmful chemicals into the environment. Additionally, the use of membrane technology can reduce energy consumption and minimize the need for harmful chemical reagents in pharmaceutical processes. As sustainability becomes a growing focus for pharmaceutical companies, the demand for membrane technologies that offer environmentally friendly solutions is expected to increase.

Customization and Process Optimization The ability to customize membrane technology solutions for specific pharmaceutical processes is another factor driving market growth. Pharmaceutical companies require precise filtration systems tailored to their specific manufacturing needs, whether it's for sterilizing drugs, concentrating proteins, or separating complex mixtures. The increasing trend toward customization and optimization of membrane systems allows companies to achieve higher efficiency and lower operational costs. Innovations in membrane materials, such as ceramic and polymer membranes, are enabling better customization and driving the growth of this technology in the pharmaceutical market.

Growth Opportunities in the Membrane Technology Market

Several growth opportunities exist for the Membrane Technology in Pharmaceutical Market as we approach 2032. From biopharmaceutical manufacturing to sterile filtration and global expansion, the market is poised for significant advancements.

Expansion of Biopharmaceutical Manufacturing The rapid growth of biopharmaceutical manufacturing, driven by the increasing demand for biologics and biosimilars, presents a substantial opportunity for the membrane technology market. Membrane processes like ultrafiltration and microfiltration are essential for purifying biologics, ensuring product consistency, and meeting regulatory standards. As the biopharmaceutical sector continues to expand, the need for advanced membrane technology solutions will increase, providing companies with lucrative market opportunities.

Sterile Filtration and Vaccine Production Membrane technology plays a crucial role in sterile filtration, which is vital for the production of sterile pharmaceuticals and vaccines. As the global focus on public health and immunization programs intensifies, the production of vaccines has become a priority. The COVID-19 pandemic highlighted the importance of vaccines in combating infectious diseases, and the subsequent demand for sterile filtration technologies is expected to drive growth in the membrane technology market for the pharmaceutical sector.

Emerging Markets and Global Expansion Emerging markets, particularly in regions such as Asia-Pacific and Latin America, present significant opportunities for the membrane technology market in the pharmaceutical industry. As these regions invest in healthcare infrastructure and expand their pharmaceutical manufacturing capabilities, the demand for advanced membrane technologies is expected to grow. Companies that invest in global expansion and tailor their offerings to the specific needs of these markets will be well-positioned for success.

Conclusion

The Membrane Technology in Pharmaceutical Market is set for substantial growth by 2032, driven by the rising demand for biologics, advancements in nanofiltration, and the growing emphasis on sustainability. As pharmaceutical companies seek to optimize production processes, ensure product quality, and meet environmental goals, membrane technology will play a pivotal role in shaping the future of the industry. With expanding applications in biopharmaceuticals, vaccine production, and emerging markets, the membrane technology market is poised for continued innovation and growth in the coming decade.

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Polymer-Based Prefilled Syringe Market: Current Analysis and Forecast (2024-2032)

According to the UnivDatos Market Insights analysis, the increasing incidence of chronic conditions such as diabetes and rheumatoid arthritis, patient preference for self-administration, and reduced risk of contamination & needlestick injuries compared to traditional syringes. will drive the global scenario of the Polymer-Based Prefilled Syringe market. As per their “Polymer-Based Prefilled Syringe Market” report, the global market was valued at USD 2.87 Billion in 2023, growing at a CAGR of about 4.9% during the forecast period from 2024 – 2032.

Over the years, there has been a shift of focus in the healthcare sector to develop new and advanced drug delivery systems, and prefilled syringes made of polymers have gained a lot of popularity among pharmaceutical organizations and healthcare centers. Such syringes produced from the highest quality polymers have several advantages over the traditional glass ones: safety, convenience, and a comparatively low price.

Demand

Several factors have led to the high demand for polymer-based prefilled syringes as explained below. Moreover, a trend toward the use of long-lasting drugs, which in turn requires frequent, accurate dosing due to such diseases as diabetes, rheumatoid arthritis, or cancer. Prefilled syringes provide a comfortable and safe way to administer injections to patients who may require multiple injections, hence enhancing the patient’s compliance with treatment and overall positive health impacts.

Applications

Polymer-based prefilled syringes are widely employed across different diseases such as immunology, oncology, and neurology among others. When integrated with the right technologies, they are ideal for dispensing biologic drugs, vaccines, and biosimilar medications, which require accurate dosing and maintaining drug integrity. These syringes are also being employed for administration and this helps the patients to administer their medication at home comfortably.

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Factors Influencing the Cost of Syringe

The steps followed in making prefilled syringes from polymer materials include the selection of polymers, injection moulding, and final assembling. Polymeric materials, like cyclic olefin copolymer (COC), cyclic olefin polymer (COP), or their co-polymers, are preferable due to their high chemical and physical stability, and biocompatibility with most drugs. The syringes are then appropriately filled with the right medication and closed in a way that makes them ready for use; they are then sterilized using processes that have been through validation to ensure the product is safe and effective.

Manufacturing

Polymer selection, injection moulding, and subsequent assembly are typical phases of manufacturing pre-filled syringes from polymers. The materials are chosen for their good resistance to chemicals as well as compatibility with most of the drugs; COC or COP are preferred. The syringes are then prepped to contain the right dosage of medicine, closed, and autoclaved in a way that has been certified to be safe for patient use.

Conclusion

Consequently, the prefilled polymer syringes are a breakthrough in the polymer technology of drug delivery systems having the following advantages over glass syringes. Their safety, convenience, and relatively cheaper price make the device an attractive tool for pharma and healthcare providers as they seek better ways of attending to patients and cutting costs. With the increasing trend in technology later in the future, the features of polymer-based prefilled syringes can be developed to enhance the growth and use in the healthcare system.

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Exploring the Recombinant Chemicals Market: Innovations Shaping the Future

The Recombinant Chemicals Market represents a significant subset of the broader biotechnology and chemical sectors. Recombinant chemicals are produced through genetic engineering techniques, which allow for the precise manipulation of microbial, plant, or animal cells to produce desired chemical compounds. These chemicals have wide applications in pharmaceuticals, agriculture, industrial processes, and research, providing solutions that are more efficient, cost-effective, and sustainable compared to traditional chemical production methods.

The global recombinant chemicals market, valued at US$ 2.9 billion in 2023, is projected to grow at a CAGR of 7.8% from 2024 to 2034. By the end of 2034, the market is expected to reach US$ 6.7 billion, driven by advancements in biotechnology and increasing demand across various industries.

 This growth is fueled by the rising need for biopharmaceuticals, green chemicals, and bio-based industrial products. The pharmaceutical sector remains the largest end-user of recombinant chemicals, especially in the production of proteins, enzymes, and other bioactive compounds. Additionally, the agricultural sector is witnessing increased adoption of recombinant chemicals in the development of bio fertilizers and pesticides.

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Market Segmentation

The recombinant chemicals market can be segmented based on various factors:

By Service Type:

Contract Research Services

Manufacturing Services

Custom Synthesis Services

By Sourcing Type:

In-house Production

Outsourced Production

By Application:

Pharmaceuticals

Agriculture

Industrial Enzymes

Cosmetics

Food and Beverages

By Industry Vertical:

Healthcare

Agriculture

Chemical

Biotechnology

Food Processing

By Region:

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Regional Analysis

North America: Leading the market due to well-established biotechnology and pharmaceutical industries, as well as heavy investment in R&D for recombinant chemical production.

Europe: The second-largest market, driven by increasing demand for sustainable and bio-based chemicals, as well as stringent regulations on chemical production.

Asia-Pacific: Expected to witness the highest growth during the forecast period due to expanding pharmaceutical and agricultural industries in countries like China and India, along with supportive government initiatives.

Latin America and the Middle East & Africa: These regions are also gaining traction as key markets for recombinant chemicals due to the growing demand for agricultural chemicals and biopharmaceuticals.

Market Drivers and Challenges

Drivers:

Technological Advancements: Continuous innovation in genetic engineering and fermentation technologies is expanding the capabilities of recombinant chemical production.

Sustainability: Recombinant chemicals offer a more environmentally friendly alternative to traditional petrochemical-based products, driving demand in industries focused on sustainability.

Rising Demand for Biopharmaceuticals: The growing need for advanced drugs, including biosimilars, monoclonal antibodies, and vaccines, is fueling demand for recombinant chemicals.

Challenges:

High Production Costs: The initial investment required for setting up recombinant chemical production facilities is high, which may limit market penetration, especially in developing regions.

Regulatory Hurdles: Complex regulatory frameworks, particularly in the pharmaceutical and agricultural sectors, can slow down the commercialization of recombinant chemicals.

Technical Limitations: The scalability of production processes and achieving consistency in yield and purity remain key challenges.

Market Trends

Shift Towards Green Chemicals: With increasing environmental regulations, there is a clear shift toward the development and adoption of bio-based recombinant chemicals.

Expanding Applications: Recombinant chemicals are finding new applications in sectors like food processing, cosmetics, and industrial enzymes, driven by their versatility and efficiency.

Collaborations and Partnerships: Companies are increasingly forming partnerships with research institutions and contract manufacturing organizations (CMOs) to enhance production capabilities and streamline R&D processes.

Future Outlook

The future of the recombinant chemicals market looks promising, with expected breakthroughs in gene editing technologies like CRISPR and the expanding use of synthetic biology. The ongoing shift toward personalized medicine and bio-based solutions in various industries will further drive demand for recombinant chemicals. The market is poised to witness significant investments in R&D and infrastructure development, particularly in the Asia-Pacific and European regions.

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Key Market Study Points

Analysis of recombinant chemical applications across diverse industries.

Regional market dynamics and their impact on growth projections.

Competitive landscape analysis, focusing on key players and their strategies.

Technological advancements and their role in shaping the market’s future.

Evaluation of the sustainability of recombinant chemical production methods.

Competitive Landscape

The recombinant chemicals market is highly competitive, with key players focusing on innovation, product differentiation, and strategic collaborations. Major players include:

BASF SE

Merck KGaA

Lonza Group

Evonik Industries AG

Genentech, Inc.

These companies are investing in advanced biotechnologies and expanding their recombinant chemical portfolios through mergers, acquisitions, and partnerships with smaller firms or research institutions.

Recent Developments

Mergers and Acquisitions: Several key players have recently acquired smaller biotech firms to strengthen their recombinant chemical capabilities.

Technological Advancements: New methods of gene editing and fermentation are being developed, allowing for more efficient and cost-effective production of recombinant chemicals.

Regulatory Approvals: Recent regulatory approvals for new recombinant-based drugs and chemicals have opened new avenues for market growth, particularly in pharmaceuticals and agriculture.

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The Erythropoietin (EPO) drug Market is poised for substantial growth, with its market size projected to expand from USD 11,728.5 million in 2024 to USD 24,205.87 million by 2032, reflecting a compound annual growth rate (CAGR) of 9.48%.The global erythropoietin (EPO) drugs market has experienced significant growth in recent years, driven by an increasing prevalence of anemia, particularly among patients with chronic kidney disease (CKD), cancer, and HIV. Erythropoietin, a glycoprotein hormone produced by the kidneys, plays a crucial role in the production of red blood cells (erythropoiesis). The synthetic forms of erythropoietin, known as erythropoiesis-stimulating agents (ESAs), are commonly used to treat anemia by stimulating the bone marrow to produce more red blood cells.

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Market Dynamics

The erythropoietin drugs market is primarily driven by the rising incidence of chronic diseases such as CKD and cancer. Anemia is a common complication in these diseases, leading to a growing demand for EPO drugs. According to the World Health Organization (WHO), anemia affects approximately 1.62 billion people globally, with iron deficiency anemia being the most prevalent type. This high prevalence, coupled with the increasing number of patients undergoing dialysis, chemotherapy, and antiretroviral therapy, is fueling the demand for EPO drugs.

The market is further bolstered by the growing geriatric population, which is more susceptible to chronic diseases and anemia. Additionally, advancements in biotechnology have led to the development of newer, more effective EPO formulations, enhancing treatment outcomes and expanding the market.

Regional Analysis

The erythropoietin drugs market is geographically segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

- North America: This region dominates the global market due to the high prevalence of CKD, well-established healthcare infrastructure, and the presence of major pharmaceutical companies. The U.S. is the largest market within this region, driven by a high rate of dialysis procedures and an aging population. - Europe: The market in Europe is also significant, with countries like Germany, the UK, and France leading due to their advanced healthcare systems and the widespread adoption of biosimilars.

- Asia-Pacific: This region is expected to witness the highest growth rate during the forecast period, attributed to a large patient population, increasing healthcare spending, and growing awareness about anemia management.

- Latin America and the Middle East & Africa: These regions are gradually emerging as potential markets due to improving healthcare infrastructure and increasing access to medical treatments.

Challenges and Opportunities

Despite the positive growth outlook, the erythropoietin drugs market faces several challenges. The high cost of biologics, side effects associated with EPO drugs, and stringent regulatory requirements are some of the key barriers to market growth. Additionally, the emergence of biosimilars poses competition to established biologics, potentially leading to price wars and reduced profit margins for manufacturers.

However, the market also presents significant opportunities. The development of next-generation EPO drugs with improved efficacy and safety profiles, coupled with the expanding applications of these drugs beyond anemia, could drive future growth. Moreover, the increasing focus on personalized medicine and targeted therapies is expected to open new avenues in the erythropoietin drugs market.

Key Player Analysis:

Amgen Inc.

Johnson & Johnson

F. Hoffmann-La Roche Ltd.

Pfizer Inc.

Novartis AG

Biocon Limited

Teva Pharmaceutical Industries Ltd.

Dr. Reddy’s Laboratories Ltd.

LG Life Sciences Ltd.

Wockhardt Ltd.

Segmentation:

by Drug Type 

Biologics

Biosimilars

by Product Type

Epoetin-alfa

Epoetin-beta

Darbepoetin-alfa

Others

by Application

Haematology

Kidney Disorder

Cancer

Others

by End User

Hospitals

Homecare

Specialty Clinics

Others

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Prefilled Syringes: A Game-Changer for Drug Delivery

Introduction

The Prefilled Syringes Market is experiencing rapid growth as healthcare providers and patients increasingly prefer prefilled syringes over traditional vial-and-syringe methods. Prefilled syringes offer convenience, accuracy, and safety, reducing the risk of dosing errors and contamination. They are used for a variety of therapeutic applications, including vaccines, biologics, and anticoagulants. The market is expanding globally, driven by increasing chronic disease prevalence, technological advancements in injectable drugs, and the growing demand for self-administration.

Market Dynamics

Drivers

Growing Prevalence of Chronic Diseases: The rise in conditions such as diabetes, cardiovascular diseases, and autoimmune disorders has increased the demand for injectable medications, fueling the growth of the prefilled syringes market.

Patient Convenience and Safety: Prefilled syringes offer a more convenient and safer alternative to traditional methods, especially for patients requiring frequent injections.

Challenges

High Production Costs: The manufacturing of prefilled syringes requires stringent quality control and high precision, leading to increased production costs.

Regulatory Compliance: Prefilled syringes must meet rigorous regulatory standards, particularly for biological drugs, creating challenges for manufacturers.

Opportunities

Biologics and Biosimilars: The growing market for biologic drugs presents significant opportunities for the prefilled syringes market, as these drugs often require injectable delivery.

Homecare and Self-Administration: With the increasing demand for home healthcare solutions, prefilled syringes are becoming more popular for self-administration of medications, offering a major growth avenue.

Regional Analysis

North America: The largest market for prefilled syringes, driven by the high prevalence of chronic diseases and advanced healthcare infrastructure.

Europe: Europe is a major market, with countries like Germany and the U.K. leading in the adoption of biologics and injectable therapies.

Asia-Pacific: The region is witnessing rapid growth due to rising healthcare expenditure, increasing chronic disease burden, and expanding access to healthcare in countries like China and India.

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Market Segmentation

By Material:

Glass Syringes: Traditionally dominant, but gradually being replaced by plastic due to concerns about breakage and contamination.

Plastic Syringes: Gaining popularity due to their lightweight and durable nature.

By Application:

Diabetes: Prefilled syringes are widely used for insulin administration.

Vaccines: Increasingly used for vaccine delivery due to their convenience and precision.

Competitive Landscape

How much share do large players hold? Companies like BD (Becton, Dickinson and Company), Gerresheimer, and SCHOTT dominate the market, holding a significant share due to their established presence and advanced manufacturing capabilities.

Do big players control the price? Yes, large players with sophisticated manufacturing processes and partnerships with pharmaceutical companies have significant control over pricing in the market.

Do small and mid-size companies challenge the large companies domestically? While smaller companies are entering the market with niche products and regional focus, they face challenges in competing with the scale and pricing power of larger players.

Report Overview : https://www.infiniumglobalresearch.com/market-reports/global-prefilled-syringes-market

Future Outlook

Does new product development really help companies? Yes, innovations in materials, such as plastic prefilled syringes, and the development of safety features like needle shields have helped companies gain market share.

Do sustainable products hold strong customers' minds? Sustainability is becoming increasingly important, with healthcare providers and patients showing a preference for eco-friendly packaging and materials in prefilled syringes.

Conclusion

The prefilled syringes market is poised for substantial growth, driven by increasing chronic disease prevalence, the rise of biologics, and the growing demand for patient convenience. While challenges around cost and regulatory compliance remain, innovations in materials and safety features are expected to drive the market forward.

[amrutatbrc1]

Rheumatology Therapeutics Market 2024 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2033

The Rheumatology Therapeutics Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Rheumatology Therapeutics Global Market Report 2024, The rheumatology therapeutics market size is expected to see steady growth in the next few years. It will grow to $51.42 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to the shift towards personalized medicine approaches, rising adoption of biosimilars in rheumatology, increasing investment in research and development, integration of digital health technologies, and regulatory approvals for novel therapies. Major trends in the forecast period include growth in telemedicine and remote monitoring solutions, expansion of targeted therapies for specific rheumatic conditions, emphasis on patient-centric care models, expansion of biologic treatments beyond monoclonal antibodies, and adoption of value-based pricing models.

The rising prevalence of autoimmune diseases is expected to propel the growth of the rheumatology therapeutics market going forward. An autoimmune disease is a condition where the immune system mistakenly attacks and damages the body's tissues. The prevalence of autoimmune diseases is growing due to a combination of genetic, environmental, and lifestyle factors, including increased awareness and improved diagnostic capabilities. Rheumatology therapeutics are required for autoimmune diseases to manage inflammation, alleviate symptoms, and prevent joint and tissue damage caused by the immune system attacking the body. For instance, in June 2024, according to the Australian Institute of Health and Welfare, an Australia-based government agency, around 514,000 people in Australia, or 2.0% of the population, were estimated to be living with rheumatoid arthritis in 2022. Rheumatoid arthritis accounted for 2.0% of the total disease burden and 16% of the burden for all musculoskeletal conditions in 2023. Therefore, the rising prevalence of autoimmune diseases is driving the growth of the rheumatology therapeutics market.

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The rheumatology therapeutics market covered in this report is segmented –

1) By Drug Class: Disease Modifying Anti-Rheumatic Drugs, Nonsteroidal Anti-Inflammatory Drugs, Corticosteroids, Uric Acid Drugs, Other Drugs Classes 2) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy 3) By Disease Indication: Rheumatoid Arthritis, Osteoarthritis, Gout, Psoriatic Arthritis, Ankylosing Spondylitis, Other Disease Indications

Major companies operating in the rheumatology therapeutics market are developing innovative solutions, such as intravenous (IV) formulations, to enhance treatment efficacy and patient convenience. An intravenous (IV) formulation refers to a medication or substance that is administered directly into a vein through a needle or catheter. For instance, in October 2023, Novartis AG, a Switzerland-based pharmaceutical company, announced that the US Food and Drug Administration (FDA) had approved Cosentyx, an intravenous (IV) formulation. This form of Cosentyx is uniquely approved to treat adults with psoriatic arthritis (PsA), ankylosing spondylitis (AS), and non-radiographic axial spondyloarthritis (nr-axSpA). It works by specifically targeting and inhibiting interleukin-17A (IL-17A) and is the only non-tumor necrosis factor alpha (TNF-α) IV treatment available for these conditions.

The rheumatology therapeutics market report table of contents includes:

1. Executive Summary

2. Rheumatology Therapeutics Market Characteristics

3. Rheumatology Therapeutics Market Trends And Strategies

4. Rheumatology Therapeutics Market - Macro Economic Scenario

5. Global Rheumatology Therapeutics Market Size and Growth ...........

32. Global Rheumatology Therapeutics Market Competitive Benchmarking

33. Global Rheumatology Therapeutics Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Rheumatology Therapeutics Market

35. Rheumatology Therapeutics Market Future Outlook and Potential Analysis

36. Appendix

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[creativeera]

The Generic Sterile Injectables Market poised for strong growth driven by increasing demand for affordable healthcare

The generic sterile injectables market encompasses pharmaceutical formulations such as vials, ampoules, bottles, syringes and bags, which are administered parenterally into the body for treatments. They offer effective and affordable alternatives to branded sterile injectable drugs across therapeutic areas including oncology, cardiovascular diseases, infectious diseases and autoimmune diseases. The growing prevalence of chronic diseases and increasing healthcare expenditure have boosted the demand for generic sterile injectables globally.

The global generic sterile injectables market is estimated to be valued at US$ 46.33 Bn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the generic sterile injectables market are Baxter International Inc., AstraZeneca plc, Merck and Co., Inc., Pfizer Inc., Fresenius Kabi, Novartis International AG, Teva Pharmaceuticals, Hikma Pharmaceuticals, Dr. Reddy's Laboratory, Mylan N.V., Sun Pharmaceutical Industries Ltd. The key players dominate the market with their wide array of products in various dosages. The increasing prevalence of chronic diseases and aging population has amplified the demand for affordable healthcare solutions. The rising healthcare costs have prompted patients and providers to shift towards cost-effective generic injectable drugs from branded equivalents. This has accelerated the growth of the global generic sterile injectables market. With rising healthcare expenditures, healthcare providers are boosting investments in emerging markets of Asia Pacific, Latin America, Middle East and Africa for expansion of their generic sterile injectables portfolio. Generic Sterile Injectables Market Trends is expected to drive during the forecast period. Market Key Trends Increased Research & Development and manufacturing capabilities of emerging players: With growing demand for affordable and effective biologics, emerging players are investing significantly in R&D and expanding their sterile injectables manufacturing infrastructure. This has led to increased competition and entry of more affordable biologics in the market.

Porter’s Analysis Threat of new entrants: Low barriers to entry make it easy for new companies to enter the market. However, regulations and requirement of high capital to set-up sterile facilities pose challenges. Bargaining power of buyers: Large group purchasing organizations and hospital networks have significant influence on prices. However, need for essential medicines keeps bargaining power in check. Bargaining power of suppliers: Few major global players supply key starting materials and APIs. However, potential for forward integration limits suppliers' bargaining power. Threat of new substitutes: Limited threat as generics have few major therapeutic substitutes. Biosimilars pose a potential long-term threat in certain disease segments. Competitive rivalry: Intense competition on pricing and new product development. Major players compete by improving quality, reliability of supply and enhancing portfolios. Frequent litigation and regulatory issues also impact competition. The United States dominates the Generic Sterile Injectables Market Regional Analysis accounting for over 40% revenue share in 2024. Strong payer system, sizable healthcare spending and increasing generic adoption to contain costs drive high growth. China sterile injectables market is projected to grow at over 12% till 2031, making it the fastest growing regional market. This can be attributed to rising living standards, healthcare reforms focusing on essential medicines and initiatives to expand domestic sterile manufacturing capabilities.

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Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

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[kenresearch1]

Top 5 players in US Biosimilar Market

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STORY OUTLINE

Pfizer: Excelling in the line of Biosimilar drugs with an experience of more than 10 years with presence in over 180 countries.

Amgen: Making pharmaceutical products with an experience of over 40 years and presence in over 100 countries.

Viartis: Presence in over 165 countries, and making Biosimilar drugs in over 75 markets, this pharmaceutical company is another leading contributor of US Biosimilar market.

Coherus Biosciences: Increasing patient access to cost effective medicines with a Biosimilar drugs experience of 13 years.

Biogen: serving humanity through science with a experiences of more than 40 years in the field of biologics.

According to Ken Research, the US Biosimilar market is anticipated to grow at a CAGR of ~40% in the next five years which currently has a market size of ~USD 9.4 Bn.

The US Biosimilar market is rapidly growing and will be witnessing a significant growth in the next five years.

There are various reasons behind the rapid growth of US Biosimilar market. Some of the major reasons behind the growth of US Biosimilar market include the cost effective nature of Biosimilar drugs, rising geriatric population, rising prevalence of chronic diseases, and growing partnerships between companies to develop Biosimilar drugs.

Various companies and players are contributing to their best efforts in the growth of the US Biosimilar market.

This article aims to put light on the contributions done by the major players towards the growth of the US Biosimilar market.

1.Pfizer

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Pfizer is a leading American pharmaceutical company which is operating in the field of generics or original drugs for more than 30 years. But did you know that this pharma not only manufactures biologics but also biosimilar drugs?

Pfizer has been in the business of biosimilar drugs for more than 10 years and have been quite successful as well. With more than 83,000 employees and presence in over 180 countries, this leading pharmaceutical company made almost USD 2 Bn. revenue only from its Biosimilar drugs sale in 2021.

Recently, this pharmaceutical company also collaborated with Samsung in two deals to produce various biosimilar drugs in South Korea. The deal size between these two companies happens to be approximately USD 900 Bn.

The major Biosimilar drugs of this pharmaceutical giant are primarily

ZIRABEV (a Biosimilar of Avastin)

TRAZIMERA (a Biosimilar of Herceptin)

RUXIENCE (a Biosimilar of Rituxan)

RITACRIT (a Biosimilar of Epogen)

NVYEPRIA (a Biosimilar of Neulasta)

NIVESTYM (a Biosimilar of Neupogen)

FILGRASTIM (a Biosimilar of Neupogen).

2.Amgen

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Amgen is another leading American pharmaceutical company which not only makes Biologics or generic drugs but also Biosimilar drugs. This pharmaceutical company has more than 40 years of experience when it comes to pharmaceutical line.

With over 25000 employees and presence in over 100 countries, this pharmaceutical company earned about USD 2 Bn. from their three biosimilar drugs which are reportedly MVASI, KANJITNTI, and AMJEVITA.

This pharma giant has also invested about USD 2 Bn. in the development of Biosimilar drugs.

This pharmaceutical company has made Biosimilar drugs primarily in 4 fields which are General Medicine, Oncology, and Hematology along with, Inflammation.

EPOTEIN ALFA

AMJEVITA

AVSOLA

KANJINTI

MVASI

RIABNI

are the various Biosimilar drugs of Amgen. And, STELARA, EYLEA, SOLIRIS are in their pipeline.

Recently Amgen revealed their Biosimilar report’s 8 version. It revealed a major information which said that the pharmaceutical company saved about USD 10 Bn. through their Biosimilar drugs in the past five years.

3.Viartis

Headquartered in Canonsburg, Pennsylvania, this American pharmaceutical company was founded only in 2020 yet they have achieved massive success in the pharmaceutical products with their revenue being USD 16 ~Bn. in 2022.

With presence in 165 countries and with over 45,000 employees worldwide, this pharmaceutical company makes pharmaceutical products in 10 areas which primarily are Cardiovascular, Dermatology, ophthalmology, Oncology, Gastroenterology, Women’s health, Infectious diseases, Diabetes & Metabolism, Immunology, CNS & Anesthesiology, Respiratory diseases and allergy.

Speaking of their first Biosimilar products, their first ever Biosimilar drug was launched in 2014. They have a variety of Biosimilar drugs which are primarily

TRASTUZUMAB

INSULIN ASPART

PEGFILGRASTIM

INSULIN GLARGINE-YFGN

ADALIMUMAB

BEVACIZUMAB

Their Biosimilar drug Insulin Glargine which is known as SEMGLEE was the first ever interchangeable Biosimilar drug in the United States which was FDA approved.

Their PEGFILGRASTIM also was the first ever FDA approved drug in the United States. They have launched their Biosimilar drugs in over 75 markets worldwide.

4.Coherus Biosciences:

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Headquartered in Redwood city, California this American pharmaceutical company earned a revenue of almost USD 211 Mn. In 2022.

With presence in over 55 countries and 300+ employees worldwide, this pharmaceutical company makes products in various areas such as solid tumors, non-small lung cancers, nasopharyngeal carcinoma, small cell lung cancer and hepatocellular carcinoma.

Speaking of their Biosimilar drugs, this pharma has been in the field of creating Biosimilar drugs since 2010 which has given them almost 13 years of experience.

This pharmaceutical company also disclosed that it plans to spend at least USD 1 Tn. on medicines worldwide, out of which at least 40% will be spent on Biosimilar drugs.

Their three major Biosimilar drugs which are also FDA approved include UDENCYA, YUSIMRY, and CIMERLI.

Udencya is a Biosimilar drug of Pegfilgrastim, Yusimry is a Biosimilar drug of Ranibizumab, and Cimerli is a Biosimilar drug of Adalimumab.

5.Biogen

Headquartered in Cambridge, Massachusetts, this American pharmaceutical company earned a revenue of around USD 10 Bn. in 2022.

This company happens to have an experience of more than 40 years when it comes to making pharmaceutical products.

With presence in over 80 countries and more than 9000 employees worldwide, this pharmaceutical company primarily deals in Neurology, Specialized Immunology, Neuropsychiatry, Ophthalmology, and Rare Diseases.

ADUCANUMAB

LECANEMAB

TOFERSEN

ZURANOLONE

LITIFILIMAB

BENAPALI

FLIXABI

IMRALDI

are some of their Biosimilar drugs.

With their Biosimilar drugs, more than 250,000 people have gone on Anti-Tumor Necrosis Factor therapy.

Recently, this pharmaceutical company also made an agreement with Bio-Thera solutions to develop a Biosimilar drug for the treatment of Rheumatoid Arthritis.

[healthcarehubhh]

Biosimilar Pipeline Analysis Market will grow at highest pace owing to increasing opportunity in oncology segment.

Biosimilar pipeline analysis refers to the development and evaluation of biopharmaceutical products that are similar to already approved biological drugs (reference products). Biosimilars demonstrate similarity in physicochemical characteristics, efficacy, safety and immunogenicity with the reference biologic drug. The development of biosimilars helps increase patient access and lowers health care costs. Key product types in the biosimilar pipeline include monoclonal antibodies, recombinant hormones/ growth factors, glycopeptides and peptides. Biosimilars offer clinical effectiveness comparable to reference products at a lower cost, thereby benefitting patients and public health systems. The Global Biosimilar Pipeline Analysis Market is estimated to be valued at US$ 29.4 Bn in 2024 and is expected to exhibit a CAGR of 17% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the Biosimilar Pipeline Analysis are Pfizer Inc. (AC. Hospira). Pfizer is a leading player with a strong pipeline of oncology and anti-inflammatory biosimilars. Oncology is the largest application segment in the biosimilar pipeline market. Many biologic drugs facing patent expiry in oncology offer significant commercial opportunities for biosimilar developers. Increased incidence of cancer worldwide is also propelling demand. Technological advancements such as monoclonal antibody engineering, automation of mammalian cell culture processes and analytical characterization methods have improved the speed and success rate of biosimilar development. Advanced analytics aid in more accurate profiling and higher similarity assessment of biosimilar candidates. Market Trends Emerging markets in Asia Pacific and Latin America offer lucrative growth opportunities for biosimilar developers due to their large patient populations and growing healthcare budgets. Countries like China, India, Brazil and Mexico are actively working to expand patient access to affordable biologics through biosimilars. Biosimilar approval pathways are evolving to strategic partnerships between originators and biosimilar companies. Collaboration models such as licensing agreements are gaining precedence over antagonistic approaches and patent litigation, facilitating timely market entry of affordable biosimilars. Market Opportunities Increased penetration of biosimilars for anti-TNF drugs to treat autoimmune diseases like rheumatoid arthritis and inflammatory bowel disease. Biosimilars of anti-TNF biologics enjoy highest success rates and market adoption. Strong pipeline of oncology biosimilars facing patent expiry over 2023-2030 including bevacizumab, trastuzumab, rituximab, which could realize combined global sales potential exceeding US$25 billion.

[healthcareanna]

Biosimilars Market Size, Trends, Growth Analysis 2032

Biosimilars Market Overview

An integral component of the Biosimilars Market is the emergence of follow-on biologics. These biologics, which closely resemble existing biologic drugs, offer additional options for patients and healthcare providers. Follow-on biologics undergo rigorous testing to demonstrate similarity to the reference product, ensuring interchangeability and therapeutic equivalence. With their introduction, follow-on biologics stimulate competition in the biopharmaceutical industry, driving down prices and promoting innovation. As the demand for cost-effective biologic therapies continues to grow, the Biosimilars Market stands to benefit from the availability and acceptance of follow-on biologics, expanding treatment options and improving patient outcomes.

According to Market Research Future (MRFR), the biosimilars market insights was valued at USD 29.7 billion in 2023 and is projected to grow from USD 36.79 Billion in 2024 to USD 161.95 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 20.35% during the forecast period (2024 - 2032).

Biosimilars Market: Latest News and Developments

The FDA has approved the first Humira biosimilar. Adalimumab-bwwd (Cyltezo), a Humira biosimilar, received FDA approval in January 2023 for the treatment of rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, juvenile idiopathic arthritis, Crohn's disease, ulcerative colitis, plaque psoriasis, and hidradenitis suppurativa.

Rising use of biosimilars in the treatment of cancer. A growing number of biosimilars are being used to treat cancer. The FDA authorised filgrastim-sndz (Zarxio), pegfilgrastim-jmdb (Onpro), and trastuzumab-dkst (Herzuma) as three biosimilars for the treatment of cancer in 2022.

Market Segmentation

Biosimilars industry can be considered with respect to product, applications, and end users.

The products based on which the market has been split into are recombinant glycosylated proteins, recombinant peptides, and recombinant non-glycosylated proteins. Recombinant non-glycosylated proteins are the biggest segment in the global market, thanks to the soaring cases of chronic disorders ranging from growth hormone deficiency to diabetes. As a result, recombinant non-glycosylated proteins are therapeutically used as they are readily available and are cost-effective.

Application-wise, the biosimilars market caters to chronic diseases, oncology, blood disorders, autoimmune diseases, infectious diseases, growth hormone deficiency, and more. Blood disorders have emerged as the top segment, as a result of the rising burden of the condition worldwide and the increased use of biosimilars by virtue of their low cost and the overall reduction in the treatment cost.

Major end users in the global market are hospitals and clinics as well as research institutes. Hospital and clinics are healthcare settings where treatment options and skilled professionals are easily available, and therefore, have emerged as the leading segment in the global industry.

Regional Status

Europe, MEA or Middle East & Africa along with the Americas, APAC or Asia Pacific are the primary markets for biosimilars.

Europe has taken the lead in the global market, as the region houses a vast elderly pool, with close to one fifth of the overall EU population aged more than 65 years. This has given way to several lifestyle-related disorders such as oncology, autoimmune diseases, diabetes, to name a few. Presumably, the scenario has raised the demand for biosimilars and can mean higher market growth over the next few years. In addition to this, numerous blockbuster biologics are on track to lose patent in the coming years, which should present lucrative opportunities to the biosimilar manufacturers.

The North American market displays a bright outlook and can emerge quite lucrative in the coming years, in view of the surging burden of chronic ailments in Canada and the United States. The rising spending on research activities by the healthcare agencies also fuels the market expansion in the region. Favorable reimbursement landscape in the region, especially in the US, encourages healthy competition as it results in lower incentives for the players to compete based on price.

The APAC market is slated to witness considerable growth, with China, South Korea and India offering a host of lucrative opportunities for drug development as well as commercialization. These are generics-driven countries and are known for frequently launching new and advanced manufacturing platforms, which has brought down the costs associated with biosimilar production. In the coming few years, majority of the patent expiries is touted to be in biosimilars, which is deemed as a profitable aspect by leading manufacturers and can translate into substantial market growth.

Eminent Vendors

Top global key players listed by biosimilars market outlook report include Stada Arzneimittel AG (Germany), Teva Pharmaceuticals (Israel), Biocon (India), Pfizer (US), Sandoz International (Germany), Eli Lily & Company (US), Actavis, Inc. (US), Dr. Reddy’s Laboratories (India), Cipla Ltd (India), Amgen, Inc. (US), Samsung Biologics (South Korea), Hospira Inc.(US), Mylan, Inc.(US), Celltrion (South Korea), to mention a few.

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[omshinde5145]

Pharmaceutical Packaging Equipment Market | Current Insight with Future Aspect Analysis 2023-2030

The Pharmaceutical Packaging Equipment Market was valued at USD 8.4 billion in 2023-e and will surpass USD 13.1 billion by 2030; growing at a CAGR of 6.5% during 2024 - 2030. The report focuses on estimating the current market potential in terms of the total addressable market for all the segments, sub-segments, and regions.

In the process, all the high-growth and upcoming technologies were identified and analyzed to measure their impact on the current and future market. The report also identifies the key stakeholders, their business gaps, and their purchasing behavior. This information is essential for developing effective marketing strategies and creating products or services that meet the needs of the target market.

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Current Trends in the Pharmaceutical Packaging Equipment Market

Automation and Digitalization: Automation is revolutionizing pharmaceutical packaging. Advanced machinery equipped with AI and machine learning capabilities can perform tasks with precision and speed, reducing human error and increasing efficiency. Digitalization, through the use of IoT (Internet of Things) devices, allows for real-time monitoring and data collection, ensuring better quality control and compliance with regulatory standards.

Sustainability: Environmental concerns are shaping the future of pharmaceutical packaging. Companies are increasingly adopting eco-friendly materials and processes. Packaging equipment is now designed to handle biodegradable and recyclable materials, aligning with global sustainability goals.

Personalized Medicine: The rise of personalized medicine, where treatments are tailored to individual patients, requires flexible packaging solutions. Equipment that can handle small batches and varied packaging formats is in high demand. This trend is pushing manufacturers to develop versatile and adaptable machines.

Regulatory Compliance: Stringent regulatory requirements across the globe necessitate advanced packaging solutions that ensure compliance. Equipment now often includes features for serialization and track-and-trace, helping to prevent counterfeiting and ensuring the authenticity of pharmaceutical products.

Innovations Driving the Market

Smart Packaging: Smart packaging technologies, such as RFID tags and QR codes, are being integrated into pharmaceutical packaging. These innovations provide critical information about the product, such as dosage instructions, expiration dates, and authenticity verification, enhancing patient safety and adherence to treatment regimens.

Blister Packaging Machines: Blister packaging remains a popular choice for pharmaceuticals due to its ability to protect individual doses. Innovations in blister packaging machines include advanced sealing techniques and materials that offer better protection against moisture and contamination.

Aseptic Packaging: Aseptic packaging is crucial for injectable drugs and other sterile products. Innovations in this area focus on improving sterility assurance levels (SAL) and reducing the risk of contamination during the packaging process.

Advanced Labeling Machines: Accurate labeling is essential for compliance and patient safety. Modern labeling machines are now equipped with vision systems and AI to ensure precision. These machines can also handle complex labeling requirements, such as multi-language labels and those with integrated electronic components.

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Future Prospects

Expansion of Biologics and Biosimilar: The growing market for biologics and biosimilar will drive demand for specialized packaging equipment. These products often require unique packaging solutions to maintain their stability and efficacy.

Integration with Digital Health: As digital health technologies continue to advance; pharmaceutical packaging will likely integrate more with these systems. This could include packaging that interacts with mobile apps to provide patients with real-time information and reminders.

Increased Adoption of Robotics: Robotics will play a significant role in the future of pharmaceutical packaging. Robotic systems can perform tasks with high precision and consistency, making them ideal for packaging sensitive pharmaceutical products.

Global Market Growth: Emerging markets in Asia-Pacific, Latin America, and Africa present significant growth opportunities for the pharmaceutical packaging equipment market. As these regions continue to develop their healthcare infrastructure, demand for advanced packaging solutions will rise.

Conclusion

The pharmaceutical packaging equipment market is dynamic and rapidly evolving, driven by technological advancements, regulatory requirements, and changing market demands. As automation, sustainability, and personalized medicine continue to shape the industry, manufacturers must innovate to stay competitive. The future of pharmaceutical packaging equipment looks promising, with exciting developments on the horizon that will enhance the safety, efficiency, and sustainability of pharmaceutical products.

[trendingreportz]

Antibody Production Market - Forecast(2024 - 2030)

 Overview

Antibody Production Market is projected to reach revenue of $22.5 billion by 2025, and is estimated to grow at a CAGR of 12.8% during the forecast period 2019-2025. The Antibody Production market size, in 2018, is $9.7 billion. Antibody production by various biotechnology companies is to make medicines or diagnostic tests. The antibodies are mainly used to develop treatments for cancer and diseases such as arthritis, sclerosis, and others.

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Key Takeaways

The market is estimated to grow at a CAGR of 12.8% owing to the rising rate of infectious diseases and increasing investments by biotechnology companies to develop treatment for various chronic diseases.

Companies are adopting various strategic alliances to expand in various regions. Investments in antibody production and research have increased in order to develop treatment for deadly diseases such as cancer.

Cancer treatment is observed to be more effective when multiple methods are used. Treatment methods such as stem cell transplantation along with antibody treatment has improved the survival rate of patients. Advances in biotechnology and antibody production have led to the development of various therapies for common diseases.

Process - Segment Analysis

Downstream processing is having major share by revenue in the owing to the large use of chromatography systems and resins for antibody production.  This process is highly accurate, sensitive and effective, making its use popular for the production of antibodies. 

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Type - Segment Analysis

Main types of antibodies produced are monoclonal and polyclonal antibodies. Monoclonal antibodies are clones of the parent cell and Polyclonal antibodies are made from different cells. Monoclonal antibodies are dominant segment compared to polyclonal antibodies and have a CAGR of 11.2%. They are having more demand for treatment of infections, cancer, and other chronic diseases. A common method of preparation of monoclonal antibodies is using ion exchange chromatography. This is because with this method, the process can be controlled easily and has high capacity or purification capability. Ammonium sulfate precipitation is used for monoclonal and polyclonal isolation.

End-User - Segment Analysis

Pharmaceutical and biotechnological companies are having larger share by end-user segment. This is because of the production of antibodies especially for these companies and due to the high investment for research and development by such companies. 

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Geography - Segment Analysis

North America accounts for largest Antibody Production market share with 32.3% in 2018. This is owing to the presence of various biotechnology companies present here. Also, the government expenditure for healthcare sector in North America is high. These factors contribute to the growth of the market in this region. However, Asia Pacific will have higher growth rate in the coming years due to supportive regulations and increasing innovations by the companies here.

Drivers – Antibody Production Market

·      Rising rate of chronic diseasesAntibodies protect body by strengthening the immune system. They are used to prevent virus or bacteria related diseases. Antibodies are produced for various infections and are given to people as immunizations. They are also being developed for treatment of cancer and arthritis. Gastric cancer is said to be the second leading cause of global cancer-related deaths. Thus the antibody production will contribute to gastroenterology. The major gastric cancer treatment antibodies include Ramucirumab and Trastuzumab.

·         Increase in expenditure by biotechnology companies

Biosimilars are gaining popularity as they serve the same purpose as the biologic and are also less expensive. With many patent expirations in the coming years, the biotechnology companies are investing in development of biosimilars. They are also increasing expenditure for research and developments for antibody production processes.

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Challenges – Antibody Production Market

·         High cost of production

Antibody production requires heavy expense by the companies. Their expenditure and investments for antibody production will be high. The high cost for antibody production will challenge the market.

Antibody Production Industry Outlook

Research & development along with strategic alliances are some of the key strategies adopted by players in the Antibody Production market. Antibody Production Market top 10 companies are Cellab Gmbh, Eppendorf Ag, Integra Bioscience Ag, Merck Kgaa, Pall Corp, Sartorius Ag, Thermo Fisher Scientific, Inc, ProteoGenix, Genentech, Inc. and BIOTEM.

Antibody Production Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the Antibody Production Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. 

[industryinsightsandanalysis]

Chromatography Resin market is expected to display a steady growth by 2028

According to a new report published by UnivDatos Markets Insights the Chromatography Resin Market is expected to grow at a CAGR of around 8% from 2022-2028. The analysis has been segmented into Type (Inorganic, Natural and Synthetic); Application (Affinity, Ion Exchange, Size Exclusion, Hydrophobic Interaction and Others); Region/Country.

The Chromatography Resin market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Chromatography Resin market. The Chromatography Resin market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Chromatography Resin market at the global and regional levels.

Market Overview

The chromatography resin market is expected to witness CAGR of 8% during the forecast period owing to the advent of biosimilars and growing pharmaceutical & biopharmaceutical R&D activities for drug delivery applications. Further, chromatographic resins are used to purify and separate proteins and other bio-molecules in biotechnological, pharmaceutical, food industries.

In addition, Chromatography resins also have applications in commercial processes like water purification and environmental analysis. A rise in R&D investment is anticipated to enhance the need for chromatography, which is a crucial component of R&D operations in the pharmaceutical sector. According to Congressional Budget Office USA, the pharmaceutical industry spent USD 83 billion dollars on R&D in 2019.

Moreover, strategic measures like mergers and acquisitions, partnerships, etc. is further expected to drive the market. For instance, in April 2020, Bio-Rad Laboratories Inc. announced the acquisition of Celsee Inc., a company that offers instruments and consumables for the isolation, detection, and analysis of single cells

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted the healthcare industry and has transformed the way healthcare is delivered. The COVID-19 pandemic, on the other hand, has bolstered the Chromatography Resin business by boosting the use of vaccinations and medications, resulting in increased demand for Chromatography Resin.

The global Chromatography Resin market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

Based on technique, the market is classified into Affinity, Ion Exchange, Size Exclusion, Hydrophobic Interaction and Others. Affinity resin has a sizable portion of the market and is frequently used for protein purification due to its characteristics including high binding efficiency, low ligand leaking, and selectivity for a variety of antibody segments. Comparing affinity chromatography to other techniques, it has the benefit of using a protein structure for purifying. This makes affinity chromatography more easy and time-effective.

Based on type, the market is classified into Inorganic, Natural and Synthetic. A sizeable portion of the market is accounted for by the natural sector, which can be attributed to rising natural product consumption as well as widespread use of size exclusion chromatography and paper chromatography in various industrial applications. Key market drivers include the growing demand from the food and beverage industry as well as the pharmaceutical and medical sectors, which are expanding due to the increase in healthcare spending.

Chromatography Resin Market Geographical Segmentation Includes:

North America (United States, Canada, and Rest of North America)

Europe (Germany, United Kingdom, Italy, France, Spain, and the Rest of Europe)

Asia-Pacific (China, India, Japan, and the Rest of Asia-Pacific)

Rest of the World

For a better understanding of the market dynamics of the Chromatography Resin market, a detailed analysis was conducted for different regions across the globe including North America (U.S, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), Rest of World has been conducted. Geographically, the North America region dominated the Chromatography Resin market owing to the growing investment in healthcare sector in the region.

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The major players targeting the market include

Cytiva Lifesciences

Bio-Rad Laboratories Inc.

Sartorius AG

Generon

Tosoh Bioscience

Bio-Works

Repligen Corporation

LAF-Biotechnology

JNC Corporation

Anatrace Products LLC.

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Chromatography Resin market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the Chromatography Resin market?

• Which factors are influencing the Chromatography Resin market over the forecast period?

• What are the global challenges, threats, and risks in the Chromatography Resin market?

• Which factors are propelling and restraining the Chromatography Resin market?

• What are the demanding global regions of the Chromatography Resin market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

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[industryforecastnews]

Rheumatoid Arthritis Therapeutics Market To Reach USD 36.39 Billion By 2030

Rheumatoid Arthritis Therapeutics Market Growth & Trends

The global rheumatoid arthritis therapeutics market size is expected to reach USD 36.39 billion by 2030, expanding at a CAGR of 5.93% from 2024 to 2030, according to a new study by Grand View Research, Inc. Some of the key trends driving the market are availability of novel biologics, increase in potential clinical pipeline candidates, and rise in aging population. Thus, growing availability and awareness of safer drugs are projected to escalate rheumatoid arthritis drugs market growth. 

Rheumatoid arthritis affects approximately 1% of the global population. The condition has different symptoms such as joint pain, swelling, and stiffness, which are generally accompanied by chronic pain and inability to perform daily activities. Over a prolonged period, this disorder can hamper a patient’s mobility and can lead to permanent joint damage. If left untreated, this disorder can lead to mobility impairment and risk of joint replacement.

Growing prevalence of the disease, presence of biologics & biosimilars, and well-defined regulatory guidelines are poised to provide a fillip to the market. According to the Arthritis Foundation, 64% of the population within the age group of 65 is likely to suffer from arthritis in U.S. Increasing awareness regarding disease remittance therapies and rising healthcare expenditure in developed regions are estimated to promote revenue growth.

Current treatment for rheumatoid arthritis includes generic pharmaceuticals such as NSAIDs and corticosteroids along with novel biologics such as JAK inhibitors and IL-6 antagonists, which are widely used in developed countries due to their high effectiveness. New product launches such as Infliximab and Adalimumab biosimilars are anticipated to work in favor of the market. Moreover, Eli Lilly’s Olumiant and AbbVie’s Upadacitinib are expected to cut down chances of disease remittance.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/rheumatoid-arthritis-therapeutics-market

Rheumatoid Arthritis Therapeutics Market Report Highlights

Biopharmaceuticals segment led the market and accounted for 88.73% of the global revenue in 2023. Biopharmaceuticals are large-molecule drugs that are manufactured, extracted, and synthesized from biological sources.

Prescription led the market with a market share of 89.64% in 2023. As rheumatologist consultations rise, the prescription segment is expected to remain dominant in the market for rheumatoid arthritis medications over the forecast period.

North America rheumatoid arthritis therapeutics market accounted for 52.31% share in 2023. The regional market continues to grow and evolve, driven by demographic shifts, advancements in medical research, regulatory changes, and an increasing emphasis on personalized healthcare.

The Asia Pacific rheumatoid arthritis therapeutics market is experiencing significant growth, driven by the increasing prevalence of rheumatoid arthritis, improving healthcare infrastructure, and advancements in treatment options.

Rheumatoid Arthritis Therapeutics Market Segmentation

Grand View Research has segmented global rheumatoid arthritis therapeutics market report based on molecule, sales channel, and region:

Rheumatoid Arthritis Therapeutics Molecule Outlook (Revenue, USD Million, 2018 - 2030)

Pharmaceuticals

NSAIDs

Analgesics

DMARDs

Glucocorticoids

Biopharmaceuticals

Biologics

TNF-α antagonists

T-cell inhibitors

CD20 antigen

JAK inhibitors

anti-IL6 biologics

Biosimilars

CD20 antigen

TNF-α antagonists

Rheumatoid Arthritis Therapeutics Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)

Prescription

Over-the-Counter (OTC)

Regional Insights

North America rheumatoid arthritis therapeutics market accounted for 52.31% share in 2023.The regional market continues to grow and evolve, driven by demographic shifts, advancements in medical research, regulatory changes, and an increasing emphasis on personalized healthcare. The aging population across the region significantly impacts the demand for rheumatoid arthritis therapeutics. As people live longer, the prevalence of chronic conditions such as RA increases, boosting the need for effective treatment options. This demographic trend is a primary driver of sustained market growth.

Europe Rheumatoid Arthritis Therapeutics Market Trends

The Europe rheumatoid arthritis therapeutics market is substantially changing, influenced by healthcare reforms, research advancements, and patient-focused initiatives across different countries. The prevalence of rheumatoid arthritis is increasing due to an aging population and changing lifestyles, leading to a growing demand for effective & innovative treatment options across the continent.

Asia Pacific Rheumatoid Arthritis Therapeutics Market Trends

The Asia Pacific rheumatoid arthritis therapeutics market is experiencing significant growth, driven by the increasing prevalence of rheumatoid arthritis, improving healthcare infrastructure, and advancements in treatment options. The prevalence of rheumatoid arthritis is on the rise across Asia Pacific due to factors such as the aging population, changing lifestyles, and increasing awareness leading to early diagnosis. This rising prevalence has led to a growing demand for effective and affordable RA treatments, prompting healthcare providers & policymakers to focus on improving RA care & management.

List of Key Players of Rheumatoid Arthritis Therapeutics Market

AbbVie, Inc.

Boehringer Ingelheim International GmbH

Novartis AG

Regeneron Pharmaceuticals Inc.

Pfizer, Inc.

Bristol-Myers Squibb Company

F. Hoffmann-La Roche Ltd.

UCB S.A.

Johnson & Johnson Services, Inc.

Amgen, Inc.

Lilly (Eli Lilly and Company)

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/rheumatoid-arthritis-therapeutics-market