Biosimilar Pipeline Analysis Market – Regional Insights
Global biosimilar pipeline analysis market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Europe is expected to dominate the biosimilar pipeline analysis market due to technological advancements in healthcare facilities and regulatory affiliation. Asia Pacific is expected to closely follow Europe in terms of growth due to increased prevalence of autoimmune disease, cancer, unmet clinical needs of people, and large price conscious population of emerging economies.
North America market is expected to grow significantly due to rising product approvals and high R&D investments, which supports the growth of biosimilar pipeline analysis market in near future. For instance, in June 2019, Pfizer Inc., received U.S. Food and Drug Administration approval for ZIRABEV (bevacizumab-bvzr) it is the biosimilar to Avastin, indicated for the treatment of metastatic colorectal cancer, recurrent or metastatic non-squamous non-small cell lung cancer, recurrent or metastatic cervical cancer.
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