Global Biosimilar Monoclonal Antibodies Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Synthetic Chemicals, Biopharmaceuticals, and Others.

By Product;

Infliximab, Trastuzumab, Rituximab, Adalimumab, Bevacizumab, Cetuximab, Ranibizumab, Denosumab, Eculizumab, and Other Pipeline Products.

By Application;

Chronic & Autoimmune Diseases, Oncology, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn426527520 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Biosimilar Monoclonal Antibodies Market (USD Million), 2021 - 2031

In the year 2024, the Global Biosimilar Monoclonal Antibodies Market was valued at USD 8,159.52 million. The size of this market is expected to increase to USD 40,458.68 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 25.7%.

Biosimilar monoclonal antibodies (mAbs) represent a class of biopharmaceuticals that closely mimic existing reference or originator mAbs in terms of structure, function, and therapeutic effects. These large protein molecules are engineered to precisely target specific antigens or molecules in the body, offering effective treatment options for a wide array of diseases such as cancer, autoimmune disorders, and inflammatory conditions. The growth of the biosimilar mAb market is propelled by several factors, including the rising prevalence of breast cancer, increased awareness about early diagnosis, and the adoption of novel treatment modalities for breast cancer. Additionally, biologic therapies, including mAbs, have revolutionized disease management by providing superior efficacy and specificity compared to traditional small molecule drugs. However, the high production costs associated with biologics often result in expensive treatments, posing challenges to accessibility for many patients.

Biosimilar mAbs present a cost-effective alternative aimed at reducing healthcare expenditure while ensuring therapeutic efficacy. With patents for reference biologic mAbs expiring, biosimilar manufacturers seize the opportunity to introduce cheaper versions of these therapies into the market, fostering competition and enabling healthcare systems to negotiate better pricing. Moreover, biosimilar mAbs cover a wide range of therapeutic indications, allowing manufacturers to target various disease areas and contribute to market expansion.

Regulatory agencies worldwide have established pathways to approve biosimilar products, requiring rigorous analytical, preclinical, and clinical studies to demonstrate similarity to the reference product in terms of quality, safety, and efficacy. Streamlined regulatory pathways expedite biosimilar development and approval, encouraging manufacturers to invest in production. As clinical evidence accumulates, demonstrating equivalence to reference products, physician and patient acceptance of biosimilars grows, driving wider adoption in clinical practice.

The demand for effective targeted therapies, including biosimilar mAbs, is evident in both developing and developed countries, such as China, Brazil, and India, stimulating market growth. Additionally, increased promotional activities and growing awareness of cost-effective treatment options among the general population are expected to further fuel adoption.

However, the ongoing global recession has impacted the biosimilar mAb market. Tightened budgets across industries may lead to reduced R&D investments, delaying the progression of biosimilar projects. Economic downturns can also hinder clinical trial initiation or completion due to budget constraints and recruitment difficulties. Regulatory agencies may experience resource limitations, extending approval timelines for biosimilar products. Decreased investor confidence and funding availability may particularly affect early-stage biotech companies, impacting their ability to advance biosimilar development. Despite these challenges, the biosimilar mAb market remains resilient, driven by the ongoing need for affordable and effective therapeutic options.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Product
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Biosimilar Monoclonal Antibodies Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Cost-effectiveness
        2. Patent expirations
      2. Restraints
        1. Cost-effectiveness
        2. Patent expirations
      3. Opportunities
        1. Expansion into new markets
        2. Development of biosimilars for new targets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Biosimilar Monoclonal Antibodies Market, By Type, 2021 - 2031 (USD Million)
      1. Synthetic Chemicals
      2. Biopharmaceuticals
      3. Others
    2. Global Biosimilar Monoclonal Antibodies Market, By Product, 2021 - 2031 (USD Million)
      1. Infliximab
      2. Trastuzuma
      3. Rituximab
      4. Adalimumab
      5. Bevacizumab
      6. Cetuximab
      7. Ranibizumab
      8. Denosumab
      9. Eculizumab
      10. Other Pipeline Products
    3. Global Biosimilar Monoclonal Antibodies Market, By Application, 2021 - 2031 (USD Million)
      1. Chronic & Autoimmune Diseases
      2. Oncology
      3. Others
    4. Global Biosimilar Monoclonal Antibodies Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Pfizer
      2. Novartis
      3. Allergan
      4. Coherus BioSciences
      5. Biocon
  7. Analyst Views
  8. Future Outlook of the Market