Hereceptin Biosimilars Market - Forecast(2024 - 2030)

Report Code: HCR 39467 Report Format: PDF + Excel

Herceptin Biosimilars Market Overview

Herceptin Biosimilars Market size is estimated to reach $6,500 million by 2026, growing at a CAGR of 24.5% over 2021-2026. Herceptin are also called trastuzumab which is a monoclonal antibody that are used to treat patients suffering from cancer. Herceptin is an example of immune targeted therapy that provides effective result by binding with the human epidermal growth factor receptor 2 (HER2). Herceptin Biosimilar contains cyclo phosphamide, doxorubicin which is used as a part of a treatment regimen. Increasing Prevalence of cancer among people and growing advancement in healthcare industry is the major factor driving the growth of this market. Furthermore, increasing research and development activities in medical industry and rising advancement in technology is set to further enhance the overall market demand for Herceptin Biosimilars Market for the period 2021-2026.

Report Coverage

The report: “Herceptin Biosimilars Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Herceptin Biosimilars Market.
By Indication: Breast Cancer, Gastric Cancer, Colorectal Cancer, Leukemia, and Others.
By End-Use Industry: Hospitals, Oncology Centers, and Others.
By Geography: North America (U.S., Canada, Mexico), Europe (U.K, Germany, Italy, France, Spain, Russia, Rest of Europe), Asia Pacific (China, Australia, Japan, South Korea, India, Rest of Asia Pacific), South America (Brazil, Argentina, Others) and Rest of the World (Middle East, Africa).

Key Takeaways

  • Geographically, in 2020, North America dominated the Herceptin Biosimilars Market owing to increasing number of breast cancer, high healthcare expenditure and increasing favourable reimbursement policies.
  • Prevalence of cancer among people and growing advancement in healthcare industry are likely to aid in the market growth of the Herceptin Biosimilars.
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Herceptin Biosimilars Market report. 
  • Presence of alternatives and increasing side effects is set to create hurdles for the Herceptin Biosimilars Market.

Herceptin Biosimilars Market Size, By End-Use Industry 2020-2026 (USD Million)

   Herceptin Biosimilars Market
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Herceptin Biosimilars Segment Analysis – By Indication

The global Herceptin Biosimilars Market based on Indication can be further segmented into Breast Cancer, Gastric Cancer, Colorectal Cancer, Leukemia, and Others. The Breast Cancer segment is the major segment generating revenue in 2020. This is mainly owing to increasing prevalence of breast cancer in women. According to World Health Organization, in 2019 about 627,000 women are suffering from breast cancer that increases the need of monoclonal antibody and are rising the growth of this segment. The Gastric Cancer segment is estimated to register the fastest CAGR of 5.15% for the period 2021-2026. According to U.S. National Library of Medicine, in 2018 about 783,000 deaths occur owing to increasing gastric cancer that increasing the need of antibodies that contains cyclophosphamide and are increasing the growth of this segment.

Herceptin Biosimilars Segment Analysis – By End-Use Industry

The global Herceptin Biosimilars Market based on End-Use Industry can be further segmented into Hospitals, Oncology Centers, and Others. The Hospital segment registers for the highest Herceptin Biosimilars market share in 2020. This is owing to easy accessibility of hospital and higher selling capacity. Moreover, owing to availability of skilled professional patients can prefer hospitals and government is taking initiatives to develop the immune targeted therapy for the treatment of cancer in hospitals that increases the growth of this marketThe Oncology Centers segment is estimated to register the fastest CAGR of 7.1% over 2021-2026. This is mainly owing to rising research and development for the treatment of cancer and increasing availability of monoclonal antibodies and are increasing the growth of this market.

Herceptin Biosimilars Segment Analysis – By Geography

North America dominated the Herceptin Biosimilars Market with major share of 40% in 2020. This is owing to increasing number of breast cancer, high healthcare expenditure and increasing favourable reimbursement policies. According to Center for Disease Control and Prevention (CDC), about 281,550 new cases of breast cancer are diagnosed in women in 2021 that increases the growth of this segment. However, Asia Pacific is estimated to outpace all the regions by clocking the highest CAGR of 12.25% during the forecast period 2021-2026 owing to rising population and increasing development in healthcare.

Herceptin Biosimilars Market Drivers

Increasing Prevalence of Cancer

Increasing prevalence of various cancers such as breast cancer, gastric cancer, and others can be attributed to the growth of the Herceptin Biosimilars Market. According to World Health Organization, about 2.26 million people have cancer that increases the demand for monoclonal antibodies for treatment and are increasing the growth of the Herceptin Biosimilars Market over 2021-2026.

Growing Advancement in Healthcare Industry

Growing Development in the healthcare industry and rising adoption of advanced technology that increases the growth of the Herceptin Biosimilars Market. Moreover, rising medical application for the treatment of cancer and growing innovative treatment in medical facilities are increasing the growth of Herceptin Biosimilars Market over 2021-2026.

Covid-19 Impact:

COVID-19 pandemic had greatly affected the Herceptin Biosimilars Market. Owing to pandemic, production and supply chain affected owing to lockdown that create disruptions in distribution channel. Moreover, COVID-19 is affecting the oncology treatment procedures and therefore government regulating bodies have implemented some guidelines to slow the spread of COVID-19 infection and are negatively impacted the growth of this market.

Herceptin Biosimilars Market Challenges

Presence of Alternatives

The factors that is set to impede the growth of the Herceptin Biosimilars Market are presence of alternatives treatment and increasing side effects such as diarrhoea, fever etc. is set to create hurdles for the Herceptin Biosimilars Market.

Herceptin Biosimilars Landscape

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Herceptin Biosimilars Market. Herceptin Biosimilars top 10 companies include, Amgen Inc., AryoGen Biopharma, Biocon Limited, Celltrion Inc., Pfizer Inc., Merck & Co., Inc., Accord Healthcare Ltd, Gedeon Richter Plc, Genor Biopharma Company Ltd, Mabion SA, Mylan N.V, Roche Holding AG and Samsungbioepis Co,.Ltd.

Developments

  • In March 2020, Celltrion Inc. and Teva Pharmaceutical Industries Ltd launched trastuzumab biosimilar, Herzuma, approved by the U.S. Food Drug and Administration for treatment of HER2-positive breast and gastric cancers.
  • In 2019, Mylan L.V and Biocon Limited launched trastuzumab biosimilar, Ogivri, which was approved by the U.S. Food Drug and Administration that are used for the treatment of HER2-positive breast and gastric cancer patients.

Relevant Reports:

Report Code: HCR 0127

Report Code: HCR 0320

For more Lifesciences and Healthcare Market reports, please click here

1. Herceptin Biosimilars Market Overview
    1.1 Definitions and Scope
2. Herceptin Biosimilars Market Executive Summary
    2.1 Market Size and Key Trends
    2.2 Key trends by Indication
    2.3 Key trends by End-Use Industry
    2.4 Key trends by Geography
3. Herceptin Biosimilars Market Landscape
    3.1 Market Share Analysis- Key Companies
    3.2 Product Benchmarking- Key Companies
    3.3 Financial Analysis - Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis
4. Herceptin Biosimilars Market- Startup companies Scenario Premium Premium
    4.1 Key startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Herceptin Biosimilars Market- Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of successful ventures
6. Herceptin Biosimilars Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Customers
        6.3.3 Threat of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat of Substitutes
7. Herceptin Biosimilars Market Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Herceptin Biosimilars Market– By Indication (Market Size -$Million/$Billion)
    8.1 Breast Cancer
    8.2 Gastric Cancer
    8.3 Colorectal Cancer
    8.4 Leukemia
    8.5 Others
9. Herceptin Biosimilars Market– By End-Use Industry (Market Size -$Million/$Billion)
    9.1 Hospitals
    9.2 Oncology Centers
    9.3 Others
10. Herceptin Biosimilars Market- By Geography (Market Size -$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 U.K.
        10.2.2 Germany
        10.2.3 Italy
        10.2.4 France
        10.2.5 Spain
        10.2.6 Russia
        10.2.7 Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 Australia
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 India
        10.3.6 Rest of Asia-Pacific
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Others
    10.5 Rest of the World
        10.5.1 Middle East
        10.5.2 Africa
11. Herceptin Biosimilars Market Entropy
12. Herceptin Biosimilars Market- Industry / Segment Competition landscape Premium Premium
    12.1 Market Share Analysis
        12.1.1 Market Share by Country- Key companies
        12.1.2 Market Share by Region- Key companies
        12.1.3 Market Share at Global Level- Key companies
        12.1.4 Best Practices for Companies
13. Herceptin Biosimilars Market- Key Company List by Country Premium Premium
14. Herceptin Biosimilars Market Company Analysis
    14.1 Company Revenue, Products, M&A, Developments
    14.2 Company 1
    14.3 Company 2
    14.4 Company 3
    14.5 Company 4
    14.6 Company 5
    14.7 Company 6
    14.8 Company 7
    14.9 Company 8
    14.10 Company 9
    14.11 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global GLOBAL HERECEPTIN BIOSIMILARS MARKET, BY TYPE Market 2019-2024 ($M)
1.1 CAPSULE Market 2019-2024 ($M) - Global Industry Research
1.2 TABLET Market 2019-2024 ($M) - Global Industry Research
2.Global GLOBAL HERECEPTIN BIOSIMILARS MARKET, BY TYPE Market 2019-2024 (Volume/Units)
2.1 CAPSULE Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 TABLET Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America GLOBAL HERECEPTIN BIOSIMILARS MARKET, BY TYPE Market 2019-2024 ($M)
3.1 CAPSULE Market 2019-2024 ($M) - Regional Industry Research
3.2 TABLET Market 2019-2024 ($M) - Regional Industry Research
4.South America GLOBAL HERECEPTIN BIOSIMILARS MARKET, BY TYPE Market 2019-2024 ($M)
4.1 CAPSULE Market 2019-2024 ($M) - Regional Industry Research
4.2 TABLET Market 2019-2024 ($M) - Regional Industry Research
5.Europe GLOBAL HERECEPTIN BIOSIMILARS MARKET, BY TYPE Market 2019-2024 ($M)
5.1 CAPSULE Market 2019-2024 ($M) - Regional Industry Research
5.2 TABLET Market 2019-2024 ($M) - Regional Industry Research
6.APAC GLOBAL HERECEPTIN BIOSIMILARS MARKET, BY TYPE Market 2019-2024 ($M)
6.1 CAPSULE Market 2019-2024 ($M) - Regional Industry Research
6.2 TABLET Market 2019-2024 ($M) - Regional Industry Research
7.MENA GLOBAL HERECEPTIN BIOSIMILARS MARKET, BY TYPE Market 2019-2024 ($M)
7.1 CAPSULE Market 2019-2024 ($M) - Regional Industry Research
7.2 TABLET Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
2.Canada Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
3.Mexico Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
4.Brazil Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
5.Argentina Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
6.Peru Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
7.Colombia Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
8.Chile Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
9.Rest of South America Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
10.UK Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
11.Germany Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
12.France Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
13.Italy Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
14.Spain Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
15.Rest of Europe Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
16.China Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
17.India Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
18.Japan Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
19.South Korea Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
20.South Africa Hereceptin Biosimilars Market Revenue, 2019-2024 ($M)
21.North America Hereceptin Biosimilars By Application
22.South America Hereceptin Biosimilars By Application
23.Europe Hereceptin Biosimilars By Application
24.APAC Hereceptin Biosimilars By Application
25.MENA Hereceptin Biosimilars By Application
26.MYLAN N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.AMGEN INC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.MABION S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.ARYOGEN BIOPHARMA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.GENOR BIOPHARMA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.CELLTRION INC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.THE INSTITUTO VITAL BRAZIL, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.F. HOFFMANN-LA ROCHE AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.GEDEON RICHTER PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.BIOCON, Sales /Revenue, 2015-2018 ($Mn/$Bn)