PUBLISHER: The Business Research Company | PRODUCT CODE: 1672617
PUBLISHER: The Business Research Company | PRODUCT CODE: 1672617
A rituximab biosimilar is a chimeric monoclonal antibody designed to target the B cell-specific protein CD20 within the immune system. This monoclonal antibody, rituximab, is effective in eliminating B cells, making it a valuable treatment for conditions characterized by an excess, overactive, or otherwise abnormal presence of B cells.
Rituximab biosimilars can be administered through various routes, including subcutaneous, intravenous, and molecular methods. Intravenous therapy involves the direct delivery of fluids, medications, and nutrients into a patient's vein. The applications of rituximab biosimilars span across medical conditions such as non-Hodgkin's lymphoma, chronic lymphocytic leukemia, rheumatoid arthritis, and others. These biosimilars are distributed through different channels, including hospital pharmacies, online pharmacies, retail pharmacies, and various direct distribution channels.
The rituximab biosimilars market research report is one of a series of new reports from The Business Research Company that provides rituximab biosimilars market statistics, including rituximab biosimilars industry global market sizes, regional shares, competitors with a rituximab biosimilars market share, detailed rituximab biosimilars market segments, market trends and opportunities, and any further data you may need to thrive in the rituximab biosimilars industry. This rituximab biosimilars market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The rituximab biosimilars market size has grown rapidly in recent years. It will grow from $3.03 billion in 2024 to $3.47 billion in 2025 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to government initiatives, increased healthcare expenditure, increase in biopharmaceutical R&D expenditure, low cost of biosimilars, and emerging markets growth.
The rituximab biosimilars market size is expected to see rapid growth in the next few years. It will grow to $5.18 billion in 2029 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to aging population, increase in healthcare access, and rising prevalence of chronic diseases. Major trends in the forecast period include leveraging revised FDA regulations for biosimilar drug development, establishing strategic partnerships and collaboration agreements with the large players to expand their research and developments activities in new drug developments, and investing extensively in R&D activities for the development of effective and innovative biosimilars.
The increasing prevalence of non-Hodgkin's lymphoma (NHL) is expected to drive the growth of the rituximab biosimilars market. Non-Hodgkin's lymphoma is a type of cancer that originates in white blood cells and lymphocytes, which are essential components of the body's immune system. For example, in January 2024, the American Cancer Society, a US-based cancer advocacy organization, projected that approximately 80,620 individuals (44,590 men and 36,030 women) would be diagnosed with non-Hodgkin lymphoma in 2024, leading to an estimated 20,140 deaths (11,780 men and 8,360 women). The lifetime risk of developing this cancer is about 1 in 42 for men and 1 in 52 for women. Therefore, the rising number of non-Hodgkin's lymphoma cases is anticipated to create significant demand for rituximab biosimilars during the forecast period.
The increasing prevalence of autoimmune diseases is anticipated to drive the growth of the rituximab biosimilars market in the future. Autoimmune diseases occur when the body's immune system mistakenly attacks healthy tissues, perceiving them as foreign. Rituximab biosimilars are utilized to treat these conditions by targeting specific B cells, thereby reducing inflammation and autoimmune responses. For example, in January 2022, the World Economic Forum, a Switzerland-based non-governmental organization, reported that spending on autoimmune diseases rose from $122 billion in 2021 to $140 billion in 2022. Thus, the growing prevalence of autoimmune diseases is fueling the expansion of the rituximab biosimilars market.
Companies in the biosimilars industry continue to prioritize new product development through collaborations with industry peers. This trend is particularly evident in the rituximab biosimilars market. An example of such collaboration occurred in July 2023 when Dr. Reddy's Laboratories partnered with Fresenius Kabi to commercialize their proposed rituximab biosimilar in the US. The goal of this collaboration is to introduce a more affordable and accessible biosimilar version of rituximab to the market, offering an alternative treatment option for patients. The introduction of a biosimilar rituximab in the United States has the potential to enhance access to this crucial treatment for various conditions, including rheumatoid arthritis, non-Hodgkin's lymphoma, chronic lymphocytic leukemia, pemphigus vulgaris, granulomatosis with polyangiitis, and microscopic polyangiitis.
Key players in the rituximab biosimilars market are actively engaged in the development of FDA-approved rituximab biosimilars to establish a competitive advantage. A rituximab biosimilar that receives FDA approval is used in the treatment of specific immune-related conditions and malignancies. For instance, in June 2022, the US-based biopharmaceutical company Amgen Inc. obtained FDA approval for RIABNI (rituximab-arrx), a biosimilar to Rituxan (rituximab). RIABNI is the only FDA-approved rituximab biosimilar for all available Rituxan indications, encompassing Non-Hodgkin's Lymphoma (NHL), Chronic Lymphocytic Leukemia (CLL), Granulomatosis with Polyangiitis (GPA) (Wegener's Granulomatosis), Microscopic Polyangiitis (MPA), and moderately to severely active rheumatoid arthritis (RA) with an inadequate response to TNF antagonist therapies.
Major companies operating in the rituximab biosimilars market include Novartis AG, Pfizer, BIOCAD, Shanghai Henlius Biotech Inc., Innovent Biologics Inc., Sinocelltech, Cadila Pharmaceuticals, Hetero Drugs Limited, Dr. Reddy's Laboratories, Shanghai Fosun Pharmaceutical (Group) Co. Ltd., Reliance Life Sciences India, Zenotech Laboratories, NAPP Pharmaceuticals Limited, Mundipharma Deutschland GmbH & Co. KG, Celltrion, Biocad, MABION S.A., Janssen Pharmaceutical, Amgen, Teva Pharmaceuticals, Celltrion Healthcare, Coherus BioSciences, Aryogen Biopharma, TR-Pharm, Hikma Pharmaceuticals plc.
North America was the largest region in the rituximab biosimilars market in 2024. Middle East is expected to be the fastest-growing region in the rituximab biosimilars market report during the forecast period. The regions covered in the rituximab biosimilars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the rituximab biosimilars market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain
The rituximab biosimilar market consists of sales of mabthera, truxima, ruxience, or rixathon. Values in this market are ''factory gate values,'' that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Rituximab Biosimilars Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on rituximab biosimilars market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for rituximab biosimilars ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The rituximab biosimilars market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.