| Product Code: ETC069946 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Biosimilars are biologic drugs that are highly similar to existing approved biologic drugs (known as reference or originator biologics). They are developed to be as safe and effective as the reference biologics and are used to treat various medical conditions, including autoimmune diseases, cancer, and other chronic illnesses. The biosimilars market aims to provide more affordable and accessible treatment options while maintaining similar therapeutic outcomes.
Cost Savings: Biosimilars are typically more cost-effective than their reference biologics, making them an attractive option for healthcare systems aiming to reduce treatment costs.Patent Expiries: The expiration of patents for many biologic drugs creates opportunities for the development and launch of biosimilars.Government Support: Governments in Singapore and other countries may actively encourage the adoption of biosimilars to improve healthcare affordability and access.Expanding Therapeutic Areas: The development of biosimilars is expanding to include various therapeutic areas, increasing the potential market size.
Complexity and Development Costs: Developing biosimilars involves complex processes and high development costs, which may deter some manufacturers from entering the market.Regulatory Requirements: Biosimilars must undergo rigorous regulatory evaluation and demonstrate similarity to reference biologics, adding to the time and cost of bringing them to market.Physician and Patient Confidence: Building confidence among healthcare providers and patients in the safety and efficacy of biosimilars can be a challenge.
The Singapore Biosimilars Market may have included:Amgen Inc., Celltrion Inc., Pfizer Inc., Biocon Limited
The Covid-19 pandemic may have had mixed impacts on the Singapore Biosimilars Market. While the focus on healthcare and treatment during the pandemic may have highlighted the importance of affordable treatment options like biosimilars, disruptions in healthcare systems could have affected the adoption and uptake of biosimilars.
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 Singapore Biosimilars Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Biosimilars Market Revenues & Volume, 2020 & 2027F |
3.3 Singapore Biosimilars Market - Industry Life Cycle |
3.4 Singapore Biosimilars Market - Porter's Five Forces |
3.5 Singapore Biosimilars Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.6 Singapore Biosimilars Market Revenues & Volume Share, By Indication, 2020 & 2027F |
3.7 Singapore Biosimilars Market Revenues & Volume Share, By Manufacturing, 2020 & 2027F |
4 Singapore Biosimilars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Biosimilars Market Trends |
6 Singapore Biosimilars Market, By Types |
6.1 Singapore Biosimilars Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Singapore Biosimilars Market Revenues & Volume, By Product, 2018 - 2027F |
6.1.3 Singapore Biosimilars Market Revenues & Volume, By Insulin, 2018 - 2027F |
6.1.4 Singapore Biosimilars Market Revenues & Volume, By Follitropin, 2018 - 2027F |
6.1.5 Singapore Biosimilars Market Revenues & Volume, By Calcitonin, 2018 - 2027F |
6.1.6 Singapore Biosimilars Market Revenues & Volume, By Glucagon, 2018 - 2027F |
6.1.7 Singapore Biosimilars Market Revenues & Volume, By Teriparatide, 2018 - 2027F |
6.1.8 Singapore Biosimilars Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 Singapore Biosimilars Market, By Indication |
6.2.1 Overview and Analysis |
6.2.2 Singapore Biosimilars Market Revenues & Volume, By Oncology, 2018 - 2027F |
6.2.3 Singapore Biosimilars Market Revenues & Volume, By Offsite Treatment, 2018 - 2027F |
6.2.4 Singapore Biosimilars Market Revenues & Volume, By Chronic Disorders, 2018 - 2027F |
6.2.5 Singapore Biosimilars Market Revenues & Volume, By Blood Disorders, 2018 - 2027F |
6.2.6 Singapore Biosimilars Market Revenues & Volume, By Infectious Diseases, 2018 - 2027F |
6.2.7 Singapore Biosimilars Market Revenues & Volume, By Others, 2018 - 2027F |
6.3 Singapore Biosimilars Market, By Manufacturing |
6.3.1 Overview and Analysis |
6.3.2 Singapore Biosimilars Market Revenues & Volume, By Outsourced, 2018 - 2027F |
6.3.3 Singapore Biosimilars Market Revenues & Volume, By In-house, 2018 - 2027F |
7 Singapore Biosimilars Market Import-Export Trade Statistics |
7.1 Singapore Biosimilars Market Export to Major Countries |
7.2 Singapore Biosimilars Market Imports from Major Countries |
8 Singapore Biosimilars Market Key Performance Indicators |
9 Singapore Biosimilars Market - Opportunity Assessment |
9.1 Singapore Biosimilars Market Opportunity Assessment, By Product, 2020 & 2027F |
9.2 Singapore Biosimilars Market Opportunity Assessment, By Indication, 2020 & 2027F |
9.3 Singapore Biosimilars Market Opportunity Assessment, By Manufacturing, 2020 & 2027F |
10 Singapore Biosimilars Market - Competitive Landscape |
10.1 Singapore Biosimilars Market Revenue Share, By Companies, 2020 |
10.2 Singapore Biosimilars Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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