Global Biosimilar Industry Growth and Trends Forecast to 2031

Summary

According to APO Research, The global Biosimilar market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Biosimilar is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Biosimilar is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Biosimilar is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global companies of Biosimilar include Qilu Pharmaceutical, Bio-Thera, Zhejiang Hisun, Shanghai Henlius, Innovent Biologics, Jiangsu Hengrui, Gan&Lee, Tonghua Dongbao and United Laboratory, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Biosimilar, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biosimilar.

The Biosimilar market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Biosimilar market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Biosimilar Segment by Company

Qilu Pharmaceutical
Bio-Thera
Zhejiang Hisun
Shanghai Henlius
Innovent Biologics
Jiangsu Hengrui
Gan&Lee
Tonghua Dongbao
United Laboratory
3SBIO
Luye Pharma

Biosimilar Segment by Type

Biosimilar Monoclonal Antibodies
Biosimilar Insulin
Others

Biosimilar Segment by Application

Cancer
Immunological Diseases
Diabetes
Others

Biosimilar Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Biosimilar market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Biosimilar and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Biosimilar.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2020-2025, 2026-2031). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of Biosimilar companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights of the report

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global Biosimilar Market Size Overview by Region 2020 VS 2024 VS 2031
1.4 Global Biosimilar Market Size by Region (2020-2031)
1.4.1 Global Biosimilar Market Size by Region (2020-2025)
1.4.2 Global Biosimilar Market Size by Region (2026-2031)
1.5 Key Regions Biosimilar Market Size (2020-2031)
1.5.1 North America Biosimilar Market Size Growth Rate (2020-2031)
1.5.2 Europe Biosimilar Market Size Growth Rate (2020-2031)
1.5.3 Asia-Pacific Biosimilar Market Size Growth Rate (2020-2031)
1.5.4 South America Biosimilar Market Size Growth Rate (2020-2031)
1.5.5 Middle East & Africa Biosimilar Market Size Growth Rate (2020-2031)
2 Biosimilar Market by Type
2.1 Type Introduction
2.1.1 Biosimilar Monoclonal Antibodies
2.1.2 Biosimilar Insulin
2.1.3 Others
2.2 Global Biosimilar Market Size by Type
2.2.1 Global Biosimilar Market Size Overview by Type (2020-2031)
2.2.2 Global Biosimilar Historic Market Size Review by Type (2020-2025)
2.2.3 Global Biosimilar Market Size Forecasted by Type (2026-2031)
2.3 Global Biosimilar Market Size by Regions
2.3.1 North America Biosimilar Market Size Breakdown by Type (2020-2025)
2.3.2 Europe Biosimilar Market Size Breakdown by Type (2020-2025)
2.3.3 Asia-Pacific Biosimilar Market Size Breakdown by Type (2020-2025)
2.3.4 South America Biosimilar Market Size Breakdown by Type (2020-2025)
2.3.5 Middle East and Africa Biosimilar Market Size Breakdown by Type (2020-2025)
3 Biosimilar Market by Application
3.1 Type Introduction
3.1.1 Cancer
3.1.2 Immunological Diseases
3.1.3 Diabetes
3.1.4 Others
3.2 Global Biosimilar Market Size by Application
3.2.1 Global Biosimilar Market Size Overview by Application (2020-2031)
3.2.2 Global Biosimilar Historic Market Size Review by Application (2020-2025)
3.2.3 Global Biosimilar Market Size Forecasted by Application (2026-2031)
3.3 Global Biosimilar Market Size by Regions
3.3.1 North America Biosimilar Market Size Breakdown by Application (2020-2025)
3.3.2 Europe Biosimilar Market Size Breakdown by Application (2020-2025)
3.3.3 Asia-Pacific Biosimilar Market Size Breakdown by Application (2020-2025)
3.3.4 South America Biosimilar Market Size Breakdown by Application (2020-2025)
3.3.5 Middle East and Africa Biosimilar Market Size Breakdown by Application (2020-2025)
4 Global Market Dynamics
4.1 Biosimilar Industry Trends
4.2 Biosimilar Industry Drivers
4.3 Biosimilar Industry Opportunities and Challenges
4.4 Biosimilar Industry Restraints
5 Competitive Insights by Company
5.1 Global Top Players by Biosimilar Revenue (2020-2025)
5.2 Global Biosimilar Industry Company Ranking, 2023 VS 2024 VS 2025
5.3 Global Biosimilar Key Company Headquarters & Area Served
5.4 Global Biosimilar Company, Product Type & Application
5.5 Global Biosimilar Company Commercialization Time
5.6 Market Competitive Analysis
5.6.1 Global Biosimilar Market CR5 and HHI
5.6.2 Global Top 5 and 10 Biosimilar Players Market Share by Revenue in 2024
5.6.3 2024 Biosimilar Tier 1, Tier 2, and Tier 3
6 Company Profiles
6.1 Qilu Pharmaceutical
6.1.1 Qilu Pharmaceutical Comapny Information
6.1.2 Qilu Pharmaceutical Business Overview
6.1.3 Qilu Pharmaceutical Biosimilar Revenue, Global Share and Gross Margin (2020-2025)
6.1.4 Qilu Pharmaceutical Biosimilar Product Portfolio
6.1.5 Qilu Pharmaceutical Recent Developments
6.2 Bio-Thera
6.2.1 Bio-Thera Comapny Information
6.2.2 Bio-Thera Business Overview
6.2.3 Bio-Thera Biosimilar Revenue, Global Share and Gross Margin (2020-2025)
6.2.4 Bio-Thera Biosimilar Product Portfolio
6.2.5 Bio-Thera Recent Developments
6.3 Zhejiang Hisun
6.3.1 Zhejiang Hisun Comapny Information
6.3.2 Zhejiang Hisun Business Overview
6.3.3 Zhejiang Hisun Biosimilar Revenue, Global Share and Gross Margin (2020-2025)
6.3.4 Zhejiang Hisun Biosimilar Product Portfolio
6.3.5 Zhejiang Hisun Recent Developments
6.4 Shanghai Henlius
6.4.1 Shanghai Henlius Comapny Information
6.4.2 Shanghai Henlius Business Overview
6.4.3 Shanghai Henlius Biosimilar Revenue, Global Share and Gross Margin (2020-2025)
6.4.4 Shanghai Henlius Biosimilar Product Portfolio
6.4.5 Shanghai Henlius Recent Developments
6.5 Innovent Biologics
6.5.1 Innovent Biologics Comapny Information
6.5.2 Innovent Biologics Business Overview
6.5.3 Innovent Biologics Biosimilar Revenue, Global Share and Gross Margin (2020-2025)
6.5.4 Innovent Biologics Biosimilar Product Portfolio
6.5.5 Innovent Biologics Recent Developments
6.6 Jiangsu Hengrui
6.6.1 Jiangsu Hengrui Comapny Information
6.6.2 Jiangsu Hengrui Business Overview
6.6.3 Jiangsu Hengrui Biosimilar Revenue, Global Share and Gross Margin (2020-2025)
6.6.4 Jiangsu Hengrui Biosimilar Product Portfolio
6.6.5 Jiangsu Hengrui Recent Developments
6.7 Gan&Lee
6.7.1 Gan&Lee Comapny Information
6.7.2 Gan&Lee Business Overview
6.7.3 Gan&Lee Biosimilar Revenue, Global Share and Gross Margin (2020-2025)
6.7.4 Gan&Lee Biosimilar Product Portfolio
6.7.5 Gan&Lee Recent Developments
6.8 Tonghua Dongbao
6.8.1 Tonghua Dongbao Comapny Information
6.8.2 Tonghua Dongbao Business Overview
6.8.3 Tonghua Dongbao Biosimilar Revenue, Global Share and Gross Margin (2020-2025)
6.8.4 Tonghua Dongbao Biosimilar Product Portfolio
6.8.5 Tonghua Dongbao Recent Developments
6.9 United Laboratory
6.9.1 United Laboratory Comapny Information
6.9.2 United Laboratory Business Overview
6.9.3 United Laboratory Biosimilar Revenue, Global Share and Gross Margin (2020-2025)
6.9.4 United Laboratory Biosimilar Product Portfolio
6.9.5 United Laboratory Recent Developments
6.10 3SBIO
6.10.1 3SBIO Comapny Information
6.10.2 3SBIO Business Overview
6.10.3 3SBIO Biosimilar Revenue, Global Share and Gross Margin (2020-2025)
6.10.4 3SBIO Biosimilar Product Portfolio
6.10.5 3SBIO Recent Developments
6.11 Luye Pharma
6.11.1 Luye Pharma Comapny Information
6.11.2 Luye Pharma Business Overview
6.11.3 Luye Pharma Biosimilar Revenue, Global Share and Gross Margin (2020-2025)
6.11.4 Luye Pharma Biosimilar Product Portfolio
6.11.5 Luye Pharma Recent Developments
7 North America
7.1 North America Biosimilar Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2 North America Biosimilar Market Size by Country (2020-2025)
7.3 North America Biosimilar Market Size Forecast by Country (2026-2031)
8 Europe
8.1 Europe Biosimilar Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2 Europe Biosimilar Market Size by Country (2020-2025)
8.3 Europe Biosimilar Market Size Forecast by Country (2026-2031)
9 Asia-Pacific
9.1 Asia-Pacific Biosimilar Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2 Asia-Pacific Biosimilar Market Size by Country (2020-2025)
9.3 Asia-Pacific Biosimilar Market Size Forecast by Country (2026-2031)
10 South America
10.1 South America Biosimilar Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2 South America Biosimilar Market Size by Country (2020-2025)
10.3 South America Biosimilar Market Size Forecast by Country (2026-2031)
11 Middle East & Africa
11.1 Middle East & Africa Biosimilar Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2 Middle East & Africa Biosimilar Market Size by Country (2020-2025)
11.3 Middle East & Africa Biosimilar Market Size Forecast by Country (2026-2031)
12 Concluding Insights
13 Appendix
13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
13.5.1 Secondary Sources
13.5.2 Primary Sources

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