Oncology Biosimilars Market

By Drug Class;

mAb (Monoclonal Antibodies), G-CSF, Hematopoietic Agents and Others

By Type of Cancer;

Lung Cancer, Breast Cancer, Prostate Cancer, Stomach Cancer, Cervical Cancer, Blood Cancer, Brain Cancer and Others

By Distribution Channel;

Hospital Pharmacies, Retail Pharmacies and Online Pharmacies

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn308825095 Published Date: September, 2025 Updated Date: October, 2025

Oncology Biosimilar Market Overview

Oncology Biosimilar Market (USD Million)

Oncology Biosimilar Market was valued at USD 5,107.57 million in the year 2024. The size of this market is expected to increase to USD 61,846.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 42.8%.


Oncology Biosimilars Market

*Market size in USD million

CAGR 42.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)42.8 %
Market Size (2024)USD 5,107.57 Million
Market Size (2031)USD 61,846.01 Million
Market ConcentrationLow
Report Pages304
5,107.57
2024
61,846.01
2031

Major Players

  • Amgen Inc.
  • Pfizer Inc.
  • Celltrion Inc.
  • Biocon Ltd.
  • Mylan N.V.
  • Teva Pharmaceutical Industries Ltd.
  • Samsung Bioepis Co., Ltd.
  • Sandoz International GmbH
  • Merck & Co., Inc.
  • Dr. Reddy's Laboratories Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Oncology Biosimilars Market

Fragmented - Highly competitive market without dominant players


The Oncology Biosimilars Market is witnessing rapid growth as healthcare providers turn to cost-efficient treatments for cancer management. More than 45% of oncology prescriptions now feature biosimilars, reflecting their growing clinical trust. By ensuring effective and affordable solutions, these therapies are improving accessibility while reducing the financial strain of cancer treatments.

Advancements in Cancer Therapeutics
Continuous progress in biologic drug innovation has driven biosimilar adoption across breast, lung, and colorectal cancers. Nearly 52% of these therapies mimic monoclonal antibodies, offering precision and consistency in treatment outcomes. This innovation is positioning biosimilars as vital contributors to advancing oncology care.

Growing Research and Regulatory Support
Close to 57% of oncology-focused research initiatives now invest in biosimilar development, underlining their importance. Regulatory approvals from the FDA and EMA are accelerating market adoption. Strong emphasis on equivalence and interchangeability is improving confidence, integrating biosimilars seamlessly into cancer treatment pathways.

Affordability Accelerating Demand
The rising expense of oncology treatments has boosted reliance on biosimilars. Around 48% of treatment facilities have adopted them to optimize cost efficiency while safeguarding treatment standards. Their economic advantage is broadening patient access to advanced therapies, enhancing the overall reach of modern cancer care.

Positive Market Prospects
The Oncology Biosimilars Market is set for significant growth as manufacturing innovations, delivery platforms, and trial designs continue to advance. Approximately 50% of pipeline biosimilars are designed to expand accessibility and boost therapeutic outcomes. Strengthening adoption and clinical trust will solidify biosimilars’ role in cost-effective oncology treatment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Drug Class
    2. Market Snapshot, By Type of Cancer
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Oncology Biosimilar Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Cost-effectiveness
        2. Expanding oncology drug market
      2. Restraints
        1. Regulatory hurdles
        2. Complex manufacturing processes
      3. Opportunities
        1. Increasing demand for cancer treatment
        2. Emerging markets potential
    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. Oncology Biosimilars Market, By Drug Class, 2021 - 2031 (USD Million)
      1. mAb (Monoclonal Antibodies)
      2. G-CSF
      3. Hematopoietic Agents
      4. Others
    2. Oncology Biosimilars Market, By Type of Cancer, 2021 - 2031 (USD Million)
      1. Lung Cancer
      2. Breast Cancer
      3. Prostate Cancer
      4. Stomach Cancer
      5. Cervical Cancer
      6. Blood Cancer
      7. Brain Cancer
      8. Others
    3. Oncology Biosimilars Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Hospital Pharmacies
      2. Retail Pharmacies
      3. Online Pharmacies
    4. Oncology Biosimilar 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. Sandoz International GmbH
      2. Pfizer Inc.
      3. Celltrion Inc.
      4. Biocon Biologics
      5. Amgen Inc.
      6. Samsung Bioepis
      7. Coherus BioSciences
      8. Dr. Reddy’s Laboratories
      9. Teva Pharmaceutical Industries Ltd.
      10. BIOCAD
      11. Lilly (Eli Lilly)
      12. Intas Pharmaceuticals
      13. Apotex Inc.
      14. Zydus Cadila
      15. Hetero Drugs
  7. Analyst Views
  8. Future Outlook of the Market