Unlocking Opportunities in the Biologic & Biosimilar RA Drugs Market: Key Trends, Market Growth, and Forecast Insights
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Factors Are Propelling the Market Growth of theBiologic & Biosimilar RA Drugs Market from 2025 to 2034?
The biologics and biosimilar RA drugs market is being propelled by an increasing elderly populace and a rising prevalence of rheumatoid arthritis. The term “elderly population” is applicable to those who are 60 years old or above. Rheumatoid arthritis is an autoimmune sickness where a person’s immune system mistakenly attacks its own healthy cells, predominantly affecting the joints. The likelihood of developing rheumatoid arthritis increases with age as the immune system weakens. Biologics and biosimilar RA medications demonstrate remarkable effectiveness for rheumatoid arthritis treatment compared to conventional drugs. As per the data shared by the World Health Organization (WHO), a Switzerland-based branch of the United Nations that focuses on health-related issues, nearly 1 billion people were aged 60 and above globally in 2020. This population is estimated to surge to 1.4 billion by 2030 and 2.1 billion by 2050. Furthermore, the Centers for Disease Control and Prevention, a US government agency dedicated to public health, anticipates that the number of US adults suffering from arthritis will reach 78.4 million by 2040, with about 34.6 million people possibly experiencing limitations due to arthritis-related activities. Hence, this growth in the elderly population and rise in RA cases is propelling the biologics and biosimilars RA drugs market forward.
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How Has the Biologic & Biosimilar RA Drugs Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?
The market size for biologic & biosimilar ra drugs has seen considerable growth in the past few years. The market is projected to escalate from $13.99 billion in 2024 to around $14.71 billion in 2025, representing a compound annual growth rate (CAGR) of 5.2%. The surge during the historical period can be linked to factors like adoption rates in the market, results of clinical trials, changes in market share, long-term results for patients, and pricing strategies.
The market size for biologic and biosimilar ra drugs is predicted to experience robust growth in the coming years. It is expected to enlarge to $19.51 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 7.3%. The anticipated growth during the forecast period is due to factors such as advancements in biologic drug creation, increased market rivalry, changes in healthcare policies, shifting patient choices, and progress in scientific research and development. Key future trends are likely to encompass a heightened competition within the biosimilar market, advances in personalised medicine and precision therapy, improvements in drug delivery mechanisms, an emphasis on safety and effectiveness, and a greater focus on patient-oriented healthcare.
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How Are Market Trends and Innovations Revolutionizing theBiologic & Biosimilar RA Drugs Industry in Recent Times?
A crucial trend for success in the biologic & biosimilar RA drugs market are recent innovations. A key focus for major corporations in this industry is developing biosimilar treatments such as Dual Concentration Biosimilar Options that could offer budget-friendly alternatives. Organon, an American healthcare organization, and Samsung Bioepis, a biopharmaceutical firm in South Korea, introduced a biosimilar of Humira (adalimumab), known as HADLIMA, in the US in July 2023. Offering both high and low concentration options, HADLIMA is designed to increase accessibility and cost-effectiveness for autoimmune patients. Remarkably, the biosimilar is set 85% cheaper than Humira, thus broadening patient reach. Among its features, HADLIMA comes with an autoinjector, approved by the Arthritis Foundation, and a patient assistance program, HADLIMA For You, providing educational content and co-pay assistance. It’s prescribed for numerous conditions, including rheumatoid arthritis and Crohn’s disease. Importantly, HADLIMA is offered in both a citrate-free high concentration (100 mg/mL), and a citrate-inclusive lower concentration (50 mg/mL), ensuring uninterrupted care for patients.
Which Key Market Players Are Shaping the Future and Growth of theBiologic & Biosimilar RA Drugs Market?
Major companies operating in the biologic & biosimilar RA drugs market include Samsung BioLogics Co. Ltd., Amgen Inc., Novo Nordisk A/S, AbbVie Inc., Johnson & Johnson Services Inc., Pfizer Inc., Merck & Co. Inc., Eli Lilly and Company, Novartis AG, Bayer AG, F. Hoffmann-La Roche Ltd., AstraZeneca PLC., Teva Pharmaceutical Industries Ltd., Fresenius Se & Co. KGaA, Stada Arzneimittel AG, Boehringer Ingelheim Pharmaceuticals Inc., Gedeon Richter Plc., La Roche Ltd., Regeneron Pharmaceuticals Inc., Bristol-Myers Squibb Company, Dr. Reddy’s Laboratories Ltd., Biogen Inc., Genentech Inc., GlaxoSmithKline plc, Mylan N.V., Sandoz International GmbH, Amneal Pharmaceuticals LLC, Apotex Inc., Biocon Ltd., Coherus BioSciences Inc.
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What Are the Core Segments of the Biologic & Biosimilar RA Drugs Market, and How Do They Contribute to Growth?
The biologic & biosimilar RA drugs market covered in this report is segmented –
1) By Source: Microbial, Mammalian, Other Sources
2) By Disease: Oncology, Immunological Disorders, Cardiovascular Disorders, Hematological Disorders, Other Diseases
3) By Manufacturing: Outsourced, In-House
4) By Mode Of Purchase: Prescription Drugs, Over-The-Counter (OTC) Drugs
5) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Microbial: Bacterial Sources, Fungal Sources, Yeast Sources
2) By Mammalian: Chinese Hamster Ovary (CHO) Cells, Human Embryonic Kidney (HEK) Cells, Other Mammalian Cell Lines
3) By Other Sources: Plant-Based Sources, Insect-Based Sources, Synthetic Biology Approaches
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