Humira Biosimilar Market, By Product Type (Biosimilar Humira (Adalimumab), and Interchangeable Biosimilar Humira), By Indication (Rheumatoid Arthritis, Psoriasis, Crohn\'s Disease, Ulcerative Colitis, Ankylosing Spondylitis, Juvenile Idiopathic Arthritis, and Other Autoimmune Conditions), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), By Patient Age (Adult Patients, Pediatric Patients, and Geriatric Patients), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Humira is a biologic medication used to treat autoimmune conditions like psoriasis and rheumatoid arthritis and is the most popular biologic medication in the world. Following the expiration of patent protection for humira in some regions, biosimilars are highly similar copies of biologic medications in terms of safety, efficacy, and quality. These biosimilars encourage competition and may result in price reductions. They help lower costs and improve patient access to essential pharmaceuticals by offering more economical treatment options. Biosimilars have been proven to be just as effective and safe as the original biologic medications, making them a viable alternative for patients with conditions like psoriasis and rheumatoid arthritis. Additionally, the availability of biosimilars promotes innovation in the pharmaceutical industry, as it encourages manufacturers to develop more affordable treatment options without compromising quality. This competition in the market can drive down prices and increase accessibility for patients, ultimately leading to improved healthcare outcomes. Furthermore, the introduction of biosimilars can also enhance patient choice and autonomy, allowing them to select the most suitable and cost-effective treatment for their specific needs.
Market Dynamics
Patent expiration, cost savings, increasing prevalence of autoimmune diseases, favorable regulatory environment is major factors expected to drive growth of the global humira biosimilar market during the forecast period.
For instance, the market for multiple humira biosimilars has been approved and introduced in North America, which has led the way in the adoption of biosimilars. Due to the region's existing legal framework and policies supporting biosimilar adoption, there will likely be more market competition and potential cost reductions.
However, complex regulatory processes, intellectual property and patent litigation, and physician and patient awareness are expected to hamper the growth of the global cerebral angiography market over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global humira biosimilar market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global humira biosimilar market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Amgen Inc., Samsung Bioepis Co., Ltd., Sandoz International GmbH (Novartis AG), Mylan N.V., Boehringer Ingelheim International GmbH, Pfizer Inc., Fresenius Kabi AG, Coherus BioSciences, Inc., Biogen Inc., AbbVie Inc., Celltrion Inc., Rani Therapeutics Holdings, Inc., Teva Pharmaceutical Industries Ltd, Merck & Co., Inc., Viatris Inc., and Alvotech.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global humira biosimilar market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global humira biosimilar market
Global Humira Biosimilar Market Detailed Segmentation:
By Product Type:
Biosimilar Humira (Adalimumab)
Interchangeable Biosimilar Humira
By Indication:
Rheumatoid Arthritis
Psoriasis
Crohn's Disease
Ulcerative Colitis
Ankylosing Spondylitis
Juvenile Idiopathic Arthritis
Other Autoimmune Conditions
By Patient Age:
Adult Patients
Pediatric Patients
Geriatric Patients
By Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
By Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Top companies in Global Humira Biosimilar Market
Amgen
Samsung Bioepis Co., Ltd.
Sandoz International GmbH (Novartis AG)
Mylan N.V.
Boehringer Ingelheim International GmbH
Pfizer Inc.
Fresenius Kabi AG
Coherus BioSciences, Inc.
Biogen Inc.
AbbVie Inc.
Celltrion Inc.
Rani Therapeutics Holdings, Inc.
Teva Pharmaceutical Industries Ltd
Merck & Co., Inc.
Viatris Inc.
Alvotech
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Indication
Market Snippet, By Distribution Channel
Market Snippet, By Patient Age
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Patent expiration
Cost savings
Increasing prevalence of autoimmune diseases
Favorable regulatory environment
Market Restraints
Market Opportunity
Key Highlights
Regulatory Scenario
Recent Trends
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Mergers Acquisitions, and Collaborations
4. Global Humira Biosimilar Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Humira Biosimilar Market, By Product Type, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
Biosimilar Humira (Adalimumab)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Interchangeable Biosimilar Humira
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
6. Global Humira Biosimilar Market, By Indication, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
Rheumatoid Arthritis
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Psoriasis
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Crohn’s disease
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Ulcerative Colitis
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Ankylosing Spondylitis
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Juvenile Idiopathic Arthritis
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Other Autoimmune Conditions
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
7. Global Humira Biosimilar Market, By Patient Age, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
Adult Patients
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Pediatric Patients
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Geriatric Patients
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
8. Global Humira Biosimilar Market, By Distribution Channel, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
Hospital Pharmacies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Retail Pharmacies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Online Pharmacies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
9. Global Humira Biosimilar Market, By Region, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, By Region, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Region, 2018 –2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Indication, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Patient Age, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Mn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Indication, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Patient Age, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Mn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Indication, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Patient Age, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Mn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Indication, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Patient Age, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Mn)
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Indication, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Patient Age, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Mn)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Indication, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Patient Age, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country/ Region, 2023-2030, (US$ Mn)
North Africa
Central Africa
South Africa
10. Competitive Landscape
Company Profiles
Amgen Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Samsung Bioepis Co.
Sandoz International GmbH (Novartis AG)
Mylan N.V.
Boehringer Ingelheim International GmbH
Pfizer Inc.
Fresenius Kabi AG
Coherus BioSciences
Biogen Inc
AbbVie Inc
Celltrion Inc.
Rani Therapeutics Holdings, Inc.
Teva Pharmaceutical Industries Ltd
Merck & Co
Viatris Inc.
Alvotech
Analysts’ Views
11. Section
References
Research Methodology
About us
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