Trastuzumab Biosimilar Market Share

  • Report ID: 3011
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Trastuzumab Biosimilar Market Share

Geographically, the trastuzumab biosimilar market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in the Europe industry is estimated to account for largest revenue share by 2036, owing to increasing prevalence of breast cancer, strong clinical pipeline, increasing research and drug development activities propels market growth in the region. Furthermore, in 2021, the market in Asia Pacific is evaluated to occupy the largest share in terms of revenue, Asia Pacific is a promising revenue contributor which is expected to grow at rapid pace in upcoming year. Countries such as Japan, India and China are major contributors to the growth of this market. Emerging and huge population base countries such as China and India offer tremendous trastuzumab biosimilar market opportunities due to investments for trastumuzab biosimilar research. As per the analysis of World Health Organization, cancer accounts for 20% of deaths in the European Region.

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Author Credits:  Radhika Pawar


  • Report ID: 3011
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising prevalence of cancer and increasing geriatric population in the world are the key factors driving market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

The side-effects which are associated with the use of trastumuzab biosimilar are estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to the increasing population and investments for trastumuzab biosimilar research.

The major players dominating the trastumuzab biosimilar market are Amgen Inc., Biocon Limited, Celltrion Inc., Pfizer Inc., Merck & Co. Inc., Accord Healthcare Ltd. among others.
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