European Biosimilar Market to Reach €10.8 Billion by 2025, Comprising 44% of Generic Market.
Biosimilars are poised to significantly reshape the European generic drug market in the coming years. A recent analysis projects biosimilar sales will reach €10.8 billion by 2025 and comprise 44% of the overall generic market in Europe. This market shift is being driven by increasing adoption of these medications for treating complex diseases, including cancer, autoimmune disorders, and diabetes. The increasing availability of biosimilars, improved regulatory frameworks surrounding them, and growing awareness among healthcare professionals and patients are fueling this growth. This shift will impact the generic drug industry in Europe on multiple fronts. Increased competition is expected to drive down prices, ultimately improving patient access to more affordable treatments. Furthermore, companies are expected to focus on developing new biosimilars to capitalize on the expanding market.
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Date: April 14, 2025