Albany - New York, Nov. 23, 2015 (GLOBE NEWSWIRE) -- MarketResearchReports.biz has added a research report on the biotechnology industry to its database. The report, titled " Global & USA BioSimilar Market Analysis To 2021 ; BioBetters, Erythropoietin (EPO), Human Growth Hormone (HGH), Granulocyte Colony-Stimulating Factor (G-CSF), Anti-Tumor Necrosis Factor (Anti-TNF), Monoclonal Antibodies (MAbs), Insulins, Interferons, Product Pipelines, Trends, Key Players, Regulations And Strategic Outlook", reveals the statistical details of the global biosimilar market and presents a market forecast till 2020.
According to the report, the global biosimilar market is experiencing an influx of companies trying to attain a share in the US$190-bn biologics market. The global biosimilar market will also allow the companies to create cheaper copies of reference biologics.
The report states that the E.U. possesses one of the most matured biosimilar markets. Many countries in this region have incorporated biosimilars into their healthcare industries since 2006 and hold more lenient regulatory conditions in comparison to North American nations. As a result, the E.U. already has multiple biosimilars in several domestic markets.
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The report also looks at the North America biosimilars market and predicts a large number of companies joining the region's healthcare industry, especially in the U.S. The FDA approved the first U.S. biosimilar on March 6, 2015, which was Zarxio, manufactured by Sandoz. The report states that this historical decision will create room for more biosimilar drugs to enter the U.S., which holds the world's largest biopharmaceuticals market.
The report estimates a cost benefit between 20% and 30% for companies entering the global biosimilars market. Reasons given for this include the rising medical costs of originator biologics, which cause a healthcare bill of nearly US$100,000 per patient per year. Originator biologics are slowly becoming a financial burden on both patients as well as national healthcare systems, thereby restricting the actual care a patient is supposed to receive. To aid the global biosimilars market, it is also stated in the report that a large number of patented drugs are set to see their patents expire before 2020, creating a large scope for generic and biosimilar drugs to enter the market.
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The report also includes descriptive overviews of the global biosimilars market according to industry-justified categories and segmentations. The report also includes elaborate notes on the key developers and their drugs in the market. The report has provided details on the key developers in the global biosimilars market and their focus on biologics such as Rituxan, Remicade, Neulasta, Humira, Enbrel, and Aranesp.
The report also elaborates on the 44 biosimilars that are available in the E.U. - which has 19 approved biosimilars already in use - along with the biosimilars available in countries such as India, China, and South Korea. The report further explains how the relaxed laws in developing economies have created room for the global biosimilars market over the past few years.
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Scope
The report analyzes the MRI systems market, the major driving forces and potential challenges that could restrict growth. Its scope includes
- Key geographies: US, Canada, Brazil, Germany, France, UK, Italy, Spain, Japan, China, India, and Australia.
- Information on market size for three MRI systems market segments: High-field, Mid-field, and Low-filed MRI systems.
- Annualized market revenue data forecast to 2020 and company share data for 2013.
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Non-Small Cell Lung Cancer (NSCLC) is the second most common cancer globally, and the most common cause of cancer-related mortality. Such a poor outlook, particularly for patients with advanced disease, has created a pressing need for improved therapeutic options. The NSCLC market is undergoing a gradual change from a focus on generic chemotherapy regimens to complex treatment landscape based on different NSCLC subtypes and the presence of various molecular aberrations. In the current market, patients with non-squamous histology can be treated with more efficacious therapies such as Alimta (pemetrexed), while patients harboring activating mutations in EGFR or ALK can be prescribed targeted therapy. While the NSCLC developmental pipeline must aim to improve the outlook for all patients, there is currently a lack of options for patients with squamous cell histology or other detectable molecular characteristics besides EFGR and ALK mutations.
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Scope
- The NSCLC market will be valued at $10.9 billion in 2021, growing from $6.1 billion in 2014 at a CAGR of 8.5%.
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- What effect will patent expirations of Tarceva and Alimta have on market value?
- The NSCLC pipeline is large and diverse, with an increased presence of mAbs and specific targeted therapies in contrast to the market.
- What are the common targets and mechanisms of action of pipeline therapies?
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Scope
- The pipeline is large and highly innovative, comprising a range of molecule types and molecular targets.
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The MM pipeline contains 267 products in active development, encompassing a range of molecule types and therapeutic targets. The innovation that has characterized the market over recent years is also clearly present in the current pipeline, with a strong presence of novel, targeted products.
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Scope
- What are the failure rates for individual Phases of clinical development?
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- The MM market is forecast to rise from a value of $7.3 billion in 2014 to $8.9 billion in 2021, at a CAGR of 2.9% across the eight major markets assessed.
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