Trastuzumab Biosimilars Global Market To Grow At Rate Of 27% Through 2026
The Business Research Company’s Trastuzumab Biosimilars Global Market Report 2022: Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, March 8, 2022 /EINPresswire.com/ -- According to ‘Trastuzumab Biosimilars Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the trastuzumab biosimilars market size s expected to grow from $2.08 billion in 2021 to $2.64 billion in 2022 at a compound annual growth rate (CAGR) of 27.1%. The growth in the market 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. As per TBRC’s trastuzumab biosimilars market research the market is expected to reach $6.90 billion in 2026 at a CAGR of 27.1%. The rising prevalence of breast and gastric cancer contributed to the growth of the trastuzumab biosimilar market.
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The trastuzumab biosimilar market consists of the sales of trastuzumab biosimilar and related services by entities (organizations, sole traders, and partnerships) that manufacture trastuzumab biosimilar. Trastuzumab is a monoclonal antibody that interferes with human epidermal growth factor receptor (HER2). Trastuzumab biosimilars are used mainly for the treatment of breast cancer and gastroesophageal junction adenocarcinoma or metastatic gastric.
Global Trastuzumab Biosimilars Market Trends
As per TBRC’s trastuzumab biosimilars market outlook major players are continuously focusing on launching new products in the untapped regions, which is shaping the market for trastuzumab biosimilars. The companies operating in the trastuzumab biosimilars market are undergoing various strategic initiatives such as new product development, partnerships, geographical and product portfolio expansion to maintain their competitive position in the market and better serve the needs of the customers.
Global Trastuzumab Biosimilars Market Segments
The global trastuzumab biosimilar market is segmented:
By Product: Ogivri, Herzuma, Ontruzant, Trazimera, Others
By Indication: Adjuvant Breast Cancer, Metastatic Breast Cancer, Metastatic Gastric Cancer, Others
By Distribution Channel: Hospital Pharmacy, Online Pharmacy
By Geography: The global trastuzumab biosimilars market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest share.
Read more on the global trastuzumab biosimilars market report at:
https://www.thebusinessresearchcompany.com/report/trastuzumab-biosimilar-global-market-report
Trastuzumab Biosimilars Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides trastuzumab biosimilars global market overviews, analyzes and forecasts market size and growth for the global trastuzumab biosimilars market, trastuzumab biosimilars global market share, trastuzumab biosimilars global market segments and geographies, trastuzumab biosimilars global market trends, trastuzumab biosimilars global market players, trastuzumab biosimilars market leading competitor revenues, profiles and market shares. The trastuzumab biosimilars market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Trastuzumab Biosimilars Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Amgen Inc., Pfizer Inc, Samsung Bioepis, Merck & Co., Biocon Limited, Mylan Inc., BioXpress Therapeutics, Celltrion, Teva Pharmaceutical Industries Ltd. and EirGenix, Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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