Global Filgrastim Biosimilars Market Trends And Strategies Of Major Players In The Filgrastim Biosimilars Market 2021-2030

2 Dec, 2021

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The filgrastim biosimilars market consists of sales of filgrastim biosimilars and related services by entities (organizations, sole traders and partnerships) that manufacture filgrastim biosimilars. Filgrastim biosimilar treatment is used to stimulate the bone marrow to produce more neutrophils (white blood cells) to fight infection in patients undergoing chemotherapy for cancer treatment. Only goods and services traded between entities or sold to end consumers are included.

Global Filgrastim Biosimilars Market Size And Drivers:

The global filgrastim biosimilars market is expected to grow from $0.72 billion in 2020 to $0.77 billion in 2021 at a compound annual growth rate (CAGR) of 6.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The filgrastim biosimilars market is expected to reach $1.04 billion in 2025 at a CAGR of 8%. Government initiatives for the development of biosimilars are expected to drive the filgrastim biosimilars.

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Trends In The Global Filgrastim Biosimilars Market

Companies in the pegfilgrastim biosimilar market are increasing their product innovation through strategic collaborations. To sustain in the increasingly competitive market, companies are developing innovative products as well as sharing skills and expertise with other companies. While companies have long collaborated with each other as well as academic and research institutions in this market by way of partnerships, in or out licensing deals, this trend has been increasing over the recent years. For instance, in November 2018, biosimilar developer Alvotech and Fuji Pharma entered into a partnership agreement for the commercialization of Alvotech’s entire pipeline of biosimilars in Japan, including filgrastims.

Global Filgrastim Biosimilars Market Segments:
The global filgrastim biosimilars market is further segmented –
By Application: Oncology, Chronic And Autoimmune Diseases, Blood Disorders, Growth Hormone Deficiency, Infectious Diseases, Others
By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
By Type Of Manufacturing: In-House Manufacturing, Contract Manufacturing Organization
By Geography: The global filgrastim biosimilars market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Filgrastim Biosimilars Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides filgrastim biosimilars market overviews, analyzes and forecasts market size and growth for the global filgrastim biosimilars market, filgrastim biosimilars market share, filgrastim biosimilars market players, filgrastim biosimilars market segments and geographies, filgrastim biosimilars market’s leading competitors’ revenues, profiles and market shares. The filgrastim biosimilars market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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