Canada News

Canadian News and
Press Release Distribution Services
Home | Submit Press Release
Unlimited Press Release Distribution
Press release distribution service

News Media

Abitibi-T้miscamingue
Business Vancouver
Canoe-ca
Canada News Center
Daily Herald Tribune
Canada.Com
CTVNews
La Press
National Post
The Globe and Mail
The Province
The Star
The Gazette
Toronto Sun
Yahoo! Canada

Canada Business News and Press Releases

North America Biosimilars Market Size Worth USD 5,168.3 million by 2022 | CAGR: 27.13%

 

 


(EMAILWIRE.COM, February 20, 2018 ) The North America Biosimilars Market was worth $1.26 billion in 2016 and estimated to be growing at a CAGR of 38%, to reach $6.31 billion by 2021. Biosimilars are emerging as one of the most important sector in the healthcare industry. With increasing healthcare costs, biosimilars are being looked upon as an affordable treatment option. Growing economies are observing comprehensive growth in biosimilars industry from demanding clinical needs of therapeutics. Rise in GDP and healthcare expenditures, and the demand for cost effective therapeutics solution has resulted in the growth of this market.

Biosimilars are made using living cells that treat disease, by recombinant DNA technology and controlled gene expression. Most biosimilars are derived from bacteria, viruses, plants and animals. Biosimilar drugs are used in prevention and cure of various diseases such as rheumatoid arthritis, cancer, chronic kidney failure, oncology, diabetes, heart attacks, autoimmune diseases, growth hormone deficiency, and infectious disease.

View Full Report @ http://www.marketdataforecast.com/market-reports/north-america-biosimilars-market-1143/

Biosimilars offer a cheaper alternative for other biological and synthetic drugs. Increased co-operation between manufacturing companies, and the outsourcing of biosimilar products are acting as an impetus for biosimilars market. However, high manufacturing cost and complexity, and the availability of low priced generic drugs in the market are some of the major restraints of biosimilars market are facing. Numerous companies are fraught with approvals for their biosimilar drugs, due to unavailability of favorable regulatory compliance and heavy opposition from the reference product manufacturers. Moreover, the consumer preferences and the prescription patterns of physicians in the United States are more inclined towards reference products.

Based on product types, biosimilars are classified into Protein, Insulin, Human Growth Hormones, Granulocyte Colony-stimulating Factor (G-CSF), Interferons, Recombinant Glycosylated Proteins, Erythropoietin, Monoclonal Antibodies, Follitropin, Recombinant Peptides, Glucagon, and Calcitonin. Their applications include chronic and autoimmune diseases, blood disorders, oncology disease along with growth hormone deficiency. Furthermore, on the basis of geography, the North America market is analysed under various regions namely, USA and Canada. Europe is the market leader, followed by Asia-Pacific. However, progressive technological advancements in healthcare and structured drug review process will drive the markets in North America region.

Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/north-america-biosimilars-market-1143/request-sample

Some of the major players in the biosimilars market are Sandoz International GmbH, Wockhardt Ltd, Hospira, Inc., Teva Pharmaceutical Industries Ltd. Dr. Reddy’s Laboratories, Biocon Limited, Mylan, Inc., Zydus Cadila, Celltrion Inc., Roche Diagnostics and Cipla Ltd.

Market Segmentation
1) By Type
• Protein
• Insulin
• Human Growth Hormones
• Granulocyte Colony-stimulating Factor (G-CSF)
• Interferons
• Recombinant Glycosylated Proteins
• Erythropoietin
• Monoclonal Antibodies
• Follitropin
• Recombinant Peptides
• Glucagon
• Calcitonin
2) By Technology
• Mass Spectroscopy
• Chromatography
• Monoclonal Antibody Technology
• Recombinant DNA Technology
• Nuclear magnetic resonance (NMR) technology
• Electrophoresis
• Bioassay
3) By Application
• Oncology diseases
• Blood disorders
• Growth hormone deficiencies
• Chronic and autoimmune diseases
• Others
Inquire before Buying @ http://www.marketdataforecast.com/market-reports/north-america-biosimilars-market-1143/inquire

The North America Biosimilars Market study offers the following deliverables:
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of By Type, By Technology, and By Application along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the North America market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.



Market Data Forecast.

Abhishek Shukla

+1-888-702-9626

abhishek@marketdataforecast.com

Source: EmailWire.Com


Canada News by Regions
  • Atlantic Canada
  • Calgary
  • Edmonton
  • Halifax
  • Montreal
  • Ottawa
  • Quebec
  • Toronto
  • Vancouver
  • Winnipeg


  • 
    
    
    

    Meeting and Travel
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Meetings & Travel resource center today to browse our selection of 600+ complimentary Meetings & Travel magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Group Tour Magazine
    Event Design
    Insite from Leisure Group Travel

    No credit cards, coupons, or promo codes required. Try it today!

    EmailWire.com - Press release service
    Press release distribution service

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2009 GroupWeb Media LLC

    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    I-Canada-News.com ™ - I-Canada-News.Com is a news service of GroupWeb Media LLC