Monoclonal Antibody (M-Ab) Biosimilars Market
By Indication ;
Oncology, Autoimmune Diseases, and OthersBy Distribution Channel ;
Hospital Pharmacies, Drug Stores & Retail Pharmacies, and OthersBy Applications;
Chronic & Autoimmune Diseases, and OncologyBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Monoclonal Antibody (M-Ab) Biosimilars Market Overview
M-Ab Biosimilars Market (USD Million)
M-Ab Biosimilars Market was valued at USD 3873.06 million in the year 2024. The size of this market is expected to increase to USD 18468.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 25.0%.
Monoclonal Antibody (M-Ab) Biosimilars Market
*Market size in USD million
CAGR 25.0 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 25.0 % |
Market Size (2024) | USD 3873.06 Million |
Market Size (2031) | USD 18468.20 Million |
Market Concentration | Low |
Report Pages | 352 |
Major Players
- Biocon
- Celltrion
- Dr. Reddy's Laboratories
- Hospira
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Monoclonal Antibody (M-Ab) Biosimilars Market
Fragmented - Highly competitive market without dominant players
The Monoclonal Antibody (M-Ab) Biosimilars Market is expanding as demand for affordable biologics continues to grow. Nearly 65% of patients now prefer biosimilars, reinforcing their role in reducing treatment costs while maintaining reliability.
Therapeutic Value and Acceptance
M-Ab biosimilars deliver comparable effectiveness to originator biologics, earning strong confidence from providers. Over 55% of prescribers confirm their value in treating chronic diseases, especially in long-term care.
Strong Presence in Oncology
A major portion of biosimilar use is in oncology, where about 60% of applications are concentrated. Their adoption in cancer therapy improves treatment accessibility while supporting sustainable delivery.
Investment-Driven Advancements
Rising research investments are fueling next-generation biosimilars with better therapeutic profiles. Nearly 45% of developments emphasize enhanced bioequivalence and optimized outcomes.
Favorable Market Outlook
With higher adoption rates and strong clinical relevance, biosimilars are becoming central to healthcare strategies. More than 50% of affordability-focused programs now include M-Ab biosimilars, underscoring their growing importance.
M-Ab Biosimilars Market Recent Developments
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Sandoz has received approval for a biosimilar of Stelara (ustekinumab), targeting autoimmune disorders like psoriasis and Crohn's disease. This biosimilar aims to provide more cost-effective treatment options in oncology and immunology.
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In April 2024, mAbxience and Teva entered a strategic partnership for a biosimilar currently under development for oncology treatments. This collaboration enhances mAbxience’s global reach and Teva’s biosimilar portfolio.
M-Ab Biosimilars Market Segment Analysis
In this report, the M-Ab Biosimilars Market has been segmented by Applications and Geography.
M-Ab Biosimilars Market, Segmentation by Indication
The M-Ab Biosimilars Market has been segmented By Indication into Oncology, Autoimmune Diseases, and Others
Oncology
The oncology segment dominates the M-Ab biosimilars market with a share of about 55–58%, driven by the rising prevalence of cancers such as breast cancer, colorectal cancer, and non-Hodgkin’s lymphoma. Biosimilars in this segment reduce treatment costs by 15–20% while maintaining clinical efficacy. Expanding regulatory approvals are further boosting adoption in oncology care.
Autoimmune Diseases
Autoimmune diseases account for approximately 32–35% of the market, supported by increasing incidences of conditions like rheumatoid arthritis, psoriasis, and inflammatory bowel disease. M-Ab biosimilars improve patient access to biologic therapies, enhancing treatment adherence by 10–12%. Wider insurance coverage is encouraging more patients to switch from originator biologics.
Others
The others segment represents about 8–10% of the market, covering indications such as ophthalmic disorders and cardiovascular diseases. While smaller in scale, this category is expected to grow as pipeline biosimilars expand into niche therapeutic areas. Improved affordability and physician acceptance are key factors driving this segment’s gradual growth.
M-Ab Biosimilars Market, Segmentation by Distribution Channel
The M-Ab Biosimilars Market has been segmented by Distribution Channel into Hospital Pharmacies, Drug Stores & Retail Pharmacies, and Others
Hospital Pharmacies
Hospital pharmacies dominate the M-Ab biosimilars market with a share of about 60–62%, driven by the high volume of biologic administrations in inpatient and specialty care settings. Centralized procurement improves cost efficiency by 12–14% and ensures consistent supply for oncology and autoimmune disease treatments. Strong integration with hospital formularies supports sustained growth in this channel.
Drug Stores & Retail Pharmacies
Drug stores and retail pharmacies account for approximately 28–30% of the market, benefiting from the increasing availability of biosimilars in outpatient care. These outlets enhance patient accessibility, boosting prescription fulfillment rates by 8–10%. Expanding pharmacist-led education on biosimilar use is further supporting uptake in this segment.
Others
The others category, holding around 8–10% of the market, includes online pharmacies and specialty distribution networks. Digital ordering platforms improve patient convenience and expand access to biosimilars in remote areas, increasing adherence rates by 6–8%. Partnerships with telemedicine providers are expected to further strengthen this distribution channel.
M-Ab Biosimilars Market, Segmentation by Applications
The M-Ab Biosimilars Market has been segmented by Applications into Chronic and Autoimmune Diseases and Oncology.
Chronic and Autoimmune Diseases
The chronic and autoimmune diseases segment holds a significant share of around 55–57% in the M-Ab biosimilars market. The demand is driven by the rising prevalence of conditions like rheumatoid arthritis, psoriasis, and inflammatory bowel disease, coupled with the high cost savings offered by biosimilars compared to branded biologics. Increased physician acceptance and favorable reimbursement policies are further accelerating adoption.
Oncology
The oncology segment accounts for approximately 43–45% of the market, fueled by the growing burden of cancer cases globally and the need for affordable treatment options. Biosimilars for oncology are widely adopted in chemotherapy regimens and targeted therapies, with strong penetration in markets such as the U.S., Europe, and parts of Asia Pacific. Regulatory approvals and patent expirations of blockbuster monoclonal antibodies are also key growth drivers.
M-Ab Biosimilars Market, Segmentation by Geography
In this report, the M-Ab Biosimilars Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa & Latin America.
Regions and Countries Analyzed in this Report
M-Ab Biosimilars Market Share (%), by Geographical Region
North America
North America dominates the M-Ab biosimilars market with a share of around 38–40%, driven by strong regulatory support from the FDA and the rapid uptake of cost-effective treatment alternatives. The U.S. leads the region due to the growing acceptance of biosimilars among healthcare providers and the increasing prevalence of cancer and autoimmune diseases.
Europe
Europe holds approximately 32–34% of the global market, supported by early adoption of biosimilars and favorable healthcare policies. The European Medicines Agency (EMA) has established a robust framework for biosimilar approvals, enabling high penetration rates in countries like Germany, the U.K., and France.
Asia Pacific
Asia Pacific accounts for nearly 18–20% of the market, with growth propelled by rising healthcare expenditures and government initiatives to promote affordable biologics. Countries such as China, India, and South Korea are emerging as key manufacturing hubs for biosimilars, offering cost advantages and expanding access.
Middle East & Africa
The Middle East and Africa region captures around 5–6% of the market, driven by increasing healthcare infrastructure development and a gradual shift toward biosimilar adoption. However, limited awareness and high regulatory barriers in certain areas continue to restrict rapid growth.
Latin America
Latin America holds a market share of about 4–5%, with Brazil and Argentina leading adoption due to their government-supported healthcare programs. Expanding regulatory frameworks and partnerships with global biosimilar manufacturers are expected to improve accessibility in the coming years.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global M-Ab Biosimilars Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Patent Expiration
- Cost-effectiveness
- Regulatory Pathways
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Rising Healthcare Costs - Rising healthcare costs present a significant challenge across the global landscape, exerting pressure on healthcare systems, governments, insurers, and individuals alike. One of the primary drivers of escalating healthcare costs is the increasing prevalence of chronic diseases and complex medical conditions, which require ongoing management, specialized treatments, and long-term care. Conditions such as diabetes, cardiovascular diseases, and cancer impose substantial economic burdens on healthcare systems due to the need for frequent medical interventions, medications, and supportive services.
The introduction of innovative biologic therapies, including monoclonal antibodies (mAbs), has contributed to rising healthcare costs. While these biologic drugs offer significant therapeutic benefits for patients with various diseases, they often come with high price tags due to the complexity of their manufacturing processes, extensive research and development costs, and intellectual property protections. As a result, the affordability and accessibility of biologic therapies, including originator mAbs, pose challenges for healthcare systems and patients, particularly in regions with limited resources and constrained budgets.
In this context, the emergence of biosimilar mAbs presents a potential solution to address rising healthcare costs by offering more affordable alternatives to originator biologic drugs. Biosimilars are highly similar versions of approved reference biologics, with no clinically meaningful differences in terms of safety, efficacy, and quality. By providing competition in the biologics market, biosimilar mAbs have the potential to drive down drug prices, increase treatment access, and improve healthcare affordability for patients and healthcare systems.
Despite the promise of biosimilars in mitigating rising healthcare costs, several barriers and challenges exist. Regulatory complexities, intellectual property issues, and market dynamics may hinder the timely entry of biosimilar products into the market, delaying their potential impact on cost containment. Additionally, concerns related to biosimilar safety, efficacy, and interchangeability may influence physician and patient acceptance, further impeding biosimilar adoption and market penetration.
Restraints
- Regulatory Hurdles
- Complex Manufacturing Processes
- Intellectual Property Protection
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Market Fragmentation - Market fragmentation refers to the division of a market into smaller, more specialized segments, each with its own unique characteristics, players, and dynamics. In the context of the healthcare industry and specifically the market for monoclonal antibody (mAb) biosimilars, market fragmentation can manifest in various ways, posing both challenges and opportunities for stakeholders.
One aspect of market fragmentation in the mAb biosimilars market is the presence of multiple competitors offering biosimilar versions of the same reference mAb product. As biosimilar developers seek to capitalize on the opportunities presented by expiring patents and growing demand for cost-effective biologic therapies, they may introduce competing biosimilar products targeting the same therapeutic indication. This fragmentation can result in market competition, price competition, and differentiation strategies aimed at capturing market share and maximizing revenue.
Market fragmentation may arise from differences in regulatory pathways, intellectual property protections, and market access policies across different regions and countries. Regulatory requirements for biosimilar approval vary globally, leading to disparities in the timing of biosimilar launches and market availability. Intellectual property considerations, such as patent litigation and data exclusivity periods, may further fragment the market by influencing biosimilar market entry and commercialization strategies.
Market fragmentation in the mAb biosimilars market can be influenced by factors such as therapeutic indication, dosage form, and patient population. Biosimilar developers may prioritize certain therapeutic areas or patient populations based on market opportunities, clinical need, and competitive landscape. As a result, the market for mAb biosimilars may exhibit varying degrees of fragmentation across different therapeutic indications, with some areas experiencing intense competition and others remaining relatively underserved.
Opportunities
- Expanding Market Access
- Increasing Healthcare Expenditure
- Growing Aging Population
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Emerging Markets Growth - Emerging markets represent a significant growth opportunity in the global monoclonal antibody (mAb) biosimilars market, driven by several key factors that are reshaping healthcare landscapes in these regions.
Rising healthcare expenditure and increasing demand for advanced medical treatments in emerging markets are fueling growth in the mAb biosimilars market. As these economies experience economic growth and urbanization, there is a growing middle class with greater disposable income, resulting in increased healthcare spending and demand for biologic therapies. Biosimilar mAbs offer a cost-effective alternative to originator biologics, making them attractive options for healthcare providers and payers in emerging markets seeking to optimize resource allocation and improve patient access to essential treatments.
Regulatory initiatives and policy reforms aimed at promoting biosimilar adoption are driving market growth in emerging markets. Many countries in Asia, Latin America, and Eastern Europe have implemented regulatory frameworks for biosimilar approval and market access, streamlining the pathway for biosimilar developers to bring their products to market. Regulatory agencies in these regions are increasingly issuing guidelines and requirements for biosimilar development, approval, and interchangeability, fostering a conducive environment for biosimilar investment and innovation.
Collaborations and partnerships between global pharmaceutical companies and local manufacturers are facilitating biosimilar market entry and expansion in emerging markets. Multinational pharmaceutical companies are partnering with local manufacturers to leverage their expertise, infrastructure, and market knowledge to develop and commercialize biosimilar products tailored to the needs of specific regions. These partnerships enable biosimilar developers to navigate local regulatory requirements, distribution channels, and market dynamics, accelerating market entry and enhancing competitiveness.
Competitive Landscape Analysis
Key players in Global M-Ab Biosimilars Market include :
- Biocon
- Celltrion
- Dr. Reddy's Laboratories
- Hospira
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Indication
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Applications
- Market Snapshot, By Region
- M-Ab Biosimilars Market Trends
- Drivers, Restraints and Opportunities
- Drivers
- Patent Expiration
- Cost-effectiveness
- Regulatory Pathways
- Rising Healthcare Costs
- Restraints
- Regulatory Hurdles
- Complex Manufacturing Processes
- Intellectual Property Protection
- Market Fragmentation
- Opportunities
- Expanding Market Access
- Increasing Healthcare Expenditure
- Growing Aging Population
- Emerging Markets Growth
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
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Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
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M-Ab Biosimilars Market, By Indication, 2021 - 2031 (USD Million)
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Oncology
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Autoimmune Diseases
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Others
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M-Ab Biosimilars Market, By Distribution Channel, 2021 - 2031 (USD Million)
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Hospital Pharmacies
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Drug Stores & Retail Pharmacies
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Others
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- M-Ab Biosimilars Market, By Applications, 2021 - 2031 (USD Million)
- Chronic and autoimmune diseases
- Oncology
- M-Ab Biosimilars Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
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Middle East & Africa
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GCC
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Israel
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South Africa
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Rest of Middle East & Africa
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Latin America
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Brazil
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Mexico
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Argentina
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Rest of Latin America
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- North America
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- Competitive Landscape
- Company Profiles
- Biocon
- Celltrion
- Dr. Reddy's Laboratories
- Hospira
- Company Profiles
- Analyst Views
- Future Outlook of the Market