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Global Oncology Biosimilars Market 2014-2018: Key Vendors are Biocon, Celltrion, Dr. Reddy's Laboratories, Hospira, Mylan and Sandoz

DUBLIN, Dec. 5, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/n599xz/global_oncology) has announced the addition of the "Global Oncology Biosimilars Market 2014-2018" report to their offering.

Biosimilars are follow-on versions of biological medicines that are developed after the expiry of the patent protection on the original product. Biosimilar medicines have a mechanism of action that is similar to that of the original biological medicines. Though biosimilars have many similarities to the innovator product, they are not an exact copy of the reference biopharmaceutical product. Currently, biosimilars are being incorporated into oncology treatment practices. The biosimilars used in oncology in the supportive care setting are known as oncology biosimilars.

The analysts forecast the Global Oncology Biosimilars market to grow at a CAGR of 29.87 percent over the period 2013-2018.

This report covers the present scenario and the growth prospects of the Global Oncology Biosimilars market for the period 2014-2018. To calculate the market size, the report considers the revenue generated from the sales biosimilars used in cancer treatment.

The report, Global Oncology Biosimilars Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Oncology Biosimilars market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

One key trend in this market is the outsourcing of biosimilar manufacturing activities to developing countries. Outsourcing the manufacture of biosimilar products decreases the overall cost of manufacturing biosimilars, thereby making them affordable to patients.

According to the report, one of the main drivers of the market is the increase in the number of patent expiries. A number of biopharmaceutical patents are either about to expire in the near future or have already expired. This has helped propel the growth of vendors in the market.

Further, the report states that one of the major challenges that the market faces is the risk related to the failure of the drug in the market. The high investment required during the developmental stage of drugs creates risks for vendors.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Segmentation by Application

08. Geographical Segmentation

09. Buying Criteria

10. Market Growth Drivers

11. Drivers and their Impact

12. Market Challenges

13. Impact of Drivers and Challenges

14. Market Trends

15. Trends and their Impact

16. Vendor Landscape

17. Key Vendor Analysis

18. Other Reports in this Series

Companies Mentioned:

  • Biocon
  • Celltrion
  • Dr. Reddy's Laboratories
  • Hospira
  • Mylan
  • Sandoz
  • 3SBio
  • Abbvie
  • AstraZeneca
  • BioXpress Therapeutics
  • Boehringer Ingelheim
  • Coherus Biosciences
  • Intas Pharmaceuticals
  • Merck Serono
  • Pfizer
  • Wockhardt

For more information visit http://www.researchandmarkets.com/research/n599xz/global_oncology

CONTACT: Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Sector: Oncology

Source:Research and Markets