Product Code: ETC13363024 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Oncology Biosimilars Market was valued at USD 7.13 Billion in 2024 and is expected to reach USD 13.4 Billion by 2031, growing at a compound annual growth rate of 5.40% during the forecast period (2025-2031).
The Global Oncology Biosimilars Market is experiencing rapid growth driven by the increasing prevalence of cancer worldwide and the need for more affordable treatment options. Biosimilars are highly similar versions of biologic drugs that have lost patent protection, offering cost-effective alternatives to expensive originator biologics. In the oncology sector, biosimilars are particularly crucial as they can expand patient access to life-saving treatments like monoclonal antibodies and growth factors. Key players in the market are investing in research and development to bring new oncology biosimilars to market, aiming to capitalize on the growing demand for affordable cancer therapies. Regulatory agencies are also playing a vital role in shaping this market by establishing guidelines and pathways for the approval and commercialization of oncology biosimilars, ensuring quality, safety, and efficacy.
The Global Oncology Biosimilars Market is experiencing growth due to the increasing prevalence of cancer, rising healthcare costs, and the expiration of patents on several blockbuster biologic drugs. Biosimilars offer cost-effective alternatives to expensive biologic therapies, driving their adoption in oncology. The market is also benefiting from the favorable regulatory environment supporting biosimilar development and approval processes. Opportunities lie in the expanding pipeline of oncology biosimilars, particularly for widely used drugs like Herceptin and Avastin, which are nearing patent expiry. Additionally, collaborations between pharmaceutical companies and biosimilar manufacturers, as well as strategic partnerships to enhance distribution networks, are expected to further fuel market growth. Overall, the Global Oncology Biosimilars Market presents promising prospects for both manufacturers and patients seeking affordable cancer treatments.
The Global Oncology Biosimilars Market faces several challenges, including regulatory complexities related to the approval process for biosimilars, high development costs, and the need for robust clinical trials to demonstrate similarity in efficacy and safety compared to reference biologics. Additionally, there are concerns regarding physician and patient acceptance, as well as market access issues such as pricing and reimbursement policies. The presence of multiple players in the market also intensifies competition, leading to pricing pressures and potentially impacting the profitability of biosimilar manufacturers. Overall, navigating these challenges requires strategic planning, strong partnerships with stakeholders, and a deep understanding of the evolving regulatory landscape to ensure successful market entry and adoption of oncology biosimilars.
The Global Oncology Biosimilars Market is primarily driven by the rising prevalence of cancer worldwide, leading to an increased demand for cost-effective treatment options. Biosimilars offer a more affordable alternative to expensive biologic drugs, making cancer treatment more accessible to a larger population. Additionally, the growing emphasis on healthcare cost containment by governments and healthcare providers is fueling the adoption of biosimilars in oncology. The patent expiry of several biologic drugs is also driving market growth as it opens up opportunities for biosimilar manufacturers to enter the market with more affordable alternatives. Moreover, increasing research and development activities in the field of biosimilars and favorable regulatory pathways for their approval further support the expansion of the Global Oncology Biosimilars Market.
Government policies related to the Global Oncology Biosimilars Market vary by country and region, but some common themes include regulatory pathways for approval, pricing and reimbursement policies, and incentives to promote biosimilars utilization. In the United States, the FDA has established a streamlined approval process for biosimilars, aiming to increase competition and lower costs. European countries have implemented policies to encourage biosimilars uptake through pricing and reimbursement strategies such as mandatory substitution and tendering processes. Emerging markets like India and Brazil are exploring ways to facilitate market entry for biosimilars manufacturers through regulatory harmonization and support for local production. Overall, governments are focusing on creating a favorable environment for biosimilars development and market access to enhance affordability and availability of oncology treatments.
The future outlook for the Global Oncology Biosimilars Market is promising, with significant growth expected in the coming years. Factors such as the rising prevalence of cancer, increasing demand for cost-effective treatment options, and the expiration of patents for several key biologic drugs in the oncology space are driving the adoption of biosimilars. As healthcare systems worldwide look to contain costs and improve access to cancer therapies, biosimilars offer a more affordable alternative to expensive biologics. Additionally, regulatory support and growing acceptance of biosimilars among healthcare providers and patients are further fueling market expansion. With ongoing research and development efforts to enhance the quality and efficacy of oncology biosimilars, the market is poised for rapid growth and increased competition, providing opportunities for stakeholders across the value chain.
The global oncology biosimilars market shows varying trends across different regions. In Asia, the market is witnessing significant growth due to the increasing prevalence of cancer and the adoption of cost-effective biosimilar therapies. North America remains a key market for oncology biosimilars, driven by a favorable regulatory environment and the presence of major pharmaceutical companies. In Europe, biosimilar uptake in oncology is high, supported by robust regulatory pathways and cost-saving initiatives. The Middle East and Africa are seeing a gradual but steady adoption of oncology biosimilars, driven by the need to improve access to cancer treatments. In Latin America, market growth is influenced by improving healthcare infrastructure and rising awareness about biosimilars, presenting opportunities for market expansion.
Global Oncology Biosimilars Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Oncology Biosimilars Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Oncology Biosimilars Market Revenues & Volume, 2021 & 2031F |
3.3 Global Oncology Biosimilars Market - Industry Life Cycle |
3.4 Global Oncology Biosimilars Market - Porter's Five Forces |
3.5 Global Oncology Biosimilars Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Oncology Biosimilars Market Revenues & Volume Share, By Drug Type, 2021 & 2031F |
3.7 Global Oncology Biosimilars Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Oncology Biosimilars Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.9 Global Oncology Biosimilars Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Oncology Biosimilars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Oncology Biosimilars Market Trends |
6 Global Oncology Biosimilars Market, 2021 - 2031 |
6.1 Global Oncology Biosimilars Market, Revenues & Volume, By Drug Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Oncology Biosimilars Market, Revenues & Volume, By Monoclonal Antibodies, 2021 - 2031 |
6.1.3 Global Oncology Biosimilars Market, Revenues & Volume, By Immunomodulators, 2021 - 2031 |
6.1.4 Global Oncology Biosimilars Market, Revenues & Volume, By Erythropoietins, 2021 - 2031 |
6.1.5 Global Oncology Biosimilars Market, Revenues & Volume, By G-CSF (Granulocyte Colony-Stimulating Factors), 2021 - 2031 |
6.2 Global Oncology Biosimilars Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Oncology Biosimilars Market, Revenues & Volume, By Breast Cancer, 2021 - 2031 |
6.2.3 Global Oncology Biosimilars Market, Revenues & Volume, By Lung Cancer, 2021 - 2031 |
6.2.4 Global Oncology Biosimilars Market, Revenues & Volume, By Colorectal Cancer, 2021 - 2031 |
6.2.5 Global Oncology Biosimilars Market, Revenues & Volume, By Blood Cancer, 2021 - 2031 |
6.3 Global Oncology Biosimilars Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Oncology Biosimilars Market, Revenues & Volume, By Hospital Pharmacies, 2021 - 2031 |
6.3.3 Global Oncology Biosimilars Market, Revenues & Volume, By Retail Pharmacies, 2021 - 2031 |
6.3.4 Global Oncology Biosimilars Market, Revenues & Volume, By Online Pharmacies, 2021 - 2031 |
6.3.5 Global Oncology Biosimilars Market, Revenues & Volume, By Specialty Pharmacies, 2021 - 2031 |
6.4 Global Oncology Biosimilars Market, Revenues & Volume, By End User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Oncology Biosimilars Market, Revenues & Volume, By Hospitals, 2021 - 2031 |
6.4.3 Global Oncology Biosimilars Market, Revenues & Volume, By Clinics, 2021 - 2031 |
6.4.4 Global Oncology Biosimilars Market, Revenues & Volume, By Diagnostic Centers, 2021 - 2031 |
6.4.5 Global Oncology Biosimilars Market, Revenues & Volume, By Cancer Research Institutes, 2021 - 2031 |
7 North America Oncology Biosimilars Market, Overview & Analysis |
7.1 North America Oncology Biosimilars Market Revenues & Volume, 2021 - 2031 |
7.2 North America Oncology Biosimilars Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Oncology Biosimilars Market, Revenues & Volume, By Drug Type, 2021 - 2031 |
7.4 North America Oncology Biosimilars Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Oncology Biosimilars Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
7.6 North America Oncology Biosimilars Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Oncology Biosimilars Market, Overview & Analysis |
8.1 Latin America (LATAM) Oncology Biosimilars Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Oncology Biosimilars Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Oncology Biosimilars Market, Revenues & Volume, By Drug Type, 2021 - 2031 |
8.4 Latin America (LATAM) Oncology Biosimilars Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Oncology Biosimilars Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8.6 Latin America (LATAM) Oncology Biosimilars Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Oncology Biosimilars Market, Overview & Analysis |
9.1 Asia Oncology Biosimilars Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Oncology Biosimilars Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Oncology Biosimilars Market, Revenues & Volume, By Drug Type, 2021 - 2031 |
9.4 Asia Oncology Biosimilars Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Oncology Biosimilars Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9.6 Asia Oncology Biosimilars Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Oncology Biosimilars Market, Overview & Analysis |
10.1 Africa Oncology Biosimilars Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Oncology Biosimilars Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Oncology Biosimilars Market, Revenues & Volume, By Drug Type, 2021 - 2031 |
10.4 Africa Oncology Biosimilars Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Oncology Biosimilars Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10.6 Africa Oncology Biosimilars Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Oncology Biosimilars Market, Overview & Analysis |
11.1 Europe Oncology Biosimilars Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Oncology Biosimilars Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Oncology Biosimilars Market, Revenues & Volume, By Drug Type, 2021 - 2031 |
11.4 Europe Oncology Biosimilars Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Oncology Biosimilars Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11.6 Europe Oncology Biosimilars Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Oncology Biosimilars Market, Overview & Analysis |
12.1 Middle East Oncology Biosimilars Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Oncology Biosimilars Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Oncology Biosimilars Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Oncology Biosimilars Market, Revenues & Volume, By Drug Type, 2021 - 2031 |
12.4 Middle East Oncology Biosimilars Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Oncology Biosimilars Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12.6 Middle East Oncology Biosimilars Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Oncology Biosimilars Market Key Performance Indicators |
14 Global Oncology Biosimilars Market - Export/Import By Countries Assessment |
15 Global Oncology Biosimilars Market - Opportunity Assessment |
15.1 Global Oncology Biosimilars Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Oncology Biosimilars Market Opportunity Assessment, By Drug Type, 2021 & 2031F |
15.3 Global Oncology Biosimilars Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Oncology Biosimilars Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
15.5 Global Oncology Biosimilars Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Oncology Biosimilars Market - Competitive Landscape |
16.1 Global Oncology Biosimilars Market Revenue Share, By Companies, 2024 |
16.2 Global Oncology Biosimilars Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |