MarketsandMarkets: Global Biosimilars product market worth $19.4 billion by 2014

According to a new market research report,estimated $11.5 billion by 2014. This market has a high
‘Global biosimilars Market (2009 - 2014)', publishedCAGR of 87.9% from 2009 to 2014 mainly because
by MarketsandMarkets ( the global biosimilars marketmost of the branded blockbuster biopharmaceutical
is expected to be worth US$19.4 billion by 2014,drugs such as interferon, human growth hormone
recording a CAGR of 89.1% from 2009 to 2014. The(Somatropin), insulin and G-CSF, belong to this class
increasing demand from patients, insurers, andand have wide range of applications.
government agencies to reduce the costs ofScope of the Report
blockbuster biopharmaceuticals has created numerousThis report aims to identify and analyze biosimilars
opportunities in the global biosimilars market.market on the basis of products, services,
Browse more than 60 market data tables andtechnology, and applications.
in-depth TOC on biosimilars market.- Biosimilars product market: Peptides, recombinant
Early buyers will receive 10% customization ofglycosylated proteins, recombinant non-glycosylated
reports.proteins, and others
Currently, the biosimilars market is highly fragmentedBiosimilars service market: Contract research and
and its huge opportunities are attracting new players.manufacturing services, clinical trials services
Favourable regulatory developments in the biosimilars- Biosimilars applications market: Oncology, infectious
sector are expected to increase the market sharediseases, chronic and autoimmune diseases, and other
and profit margins while reducing medical expenditure.diseases
Asia's early commercialization and high absorption rate- Biosimilars technology market: Recombinant DNA
of biosimilars products made it the dominant markettechnology, monoclonal antibodies technologies,
in 2008 with 34.1% share of the global biosimilarsprotein sequencing, bioassay, chromatography,
product market. The American market (includingnuclear magnetic resonance, and mass spectrometry
North America and Latin America) is expected toEach section will provide market data, market drivers,
account for nearly 35.3% of the total revenues intrends and opportunities, top-selling products, key
2014. The European market is also gaining momentumplayers, and competitive outlook. This report will also
after the approval of its first biosimilars Omnitrope inprovide more than 60 market tables for various
2006.geographic regions covering the sub-segments and
Recombinant non-glycosylated proteins form themicro-markets. In addition, the report also provides
largest segment in biosimilars market, with an40 company profiles for each of its sub-segments.