Pegfilgrastim Biosimilar Market Size, Growth Drivers and Global Forecast 2035 | At a Thriving CAGR of 10.6%

WiseGuy Reports, Oct. 2025 (Press Release) – The Pegfilgrastim Biosimilar Market Global Outlook:

Global Pegfilgrastim Biosimilar Market Growth Analysis and Trends Report Application (Oncology, Hematology, Autoimmune Diseases, Neurology), By Formulation (Solution, Lyophilized Powder, Pre-filled Syringes), By Route of Administration (Subcutaneous, Intravenous), By End Use (Hospitals, Outpatient Clinics, Home Care) and By Regions - Global Industry Forecast 2025 to 2035

Pegfilgrastim Biosimilar Market Overview

Pegfilgrastim Biosimilar Market Set to Achieve Remarkable Growth by 2035

The Pegfilgrastim Biosimilar Market is witnessing rapid expansion, driven by the rising prevalence of cancer, increased adoption of cost-effective biosimilar therapies, and the expiration of key patents for originator drugs. Valued at USD 3.31 billion in 2024, the market is projected to reach USD 3.66 billion in 2025 and expand to USD 10.0 billion by 2035, reflecting a CAGR of 10.6% over the forecast period. B2B stakeholders, including pharmaceutical companies, hospitals, oncology centers, and healthcare distributors, are leveraging biosimilars to reduce treatment costs and improve patient accessibility worldwide.

Pegfilgrastim biosimilars are primarily used to reduce the risk of infection in patients undergoing chemotherapy by stimulating the production of white blood cells. The increasing demand for affordable, effective, and safe alternatives to branded biologics is driving market adoption. Pharmaceutical companies are strategically developing biosimilars to provide competitive, cost-effective options in oncology, with the goal of increasing patient access and reducing overall healthcare expenditure.

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The market is further fueled by the growing cancer burden across both developed and emerging economies. Rising healthcare awareness and early diagnosis initiatives contribute to higher utilization of supportive therapies like pegfilgrastim biosimilars. Regulatory complexities, including stringent approval pathways for biosimilars, ensure that products entering the market meet quality, efficacy, and safety standards. Additionally, increasing collaboration between global pharmaceutical firms and local manufacturers is accelerating biosimilar availability in multiple regions.

Regional Insights

North America dominates the Pegfilgrastim Biosimilar Market, supported by a strong healthcare infrastructure, extensive oncology centers, and early adoption of biosimilar therapies. The U.S. remains a key market due to advanced regulatory frameworks, favorable reimbursement policies, and high adoption of biosimilars in clinical practice. Europe holds a substantial market share, driven by increasing cancer prevalence, well-established biosimilar approval pathways, and government initiatives promoting cost-effective therapies.

APAC is emerging as a high-growth region due to the rising cancer population, expanding healthcare infrastructure, and increasing awareness about biosimilars. Countries such as China, India, Japan, and South Korea are witnessing rapid uptake of pegfilgrastim biosimilars. South America and MEA demonstrate steady growth, driven by expanding healthcare access, collaborations with global pharmaceutical companies, and increasing investments in cancer treatment facilities.

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Market Segmentation

The Pegfilgrastim Biosimilar Market is segmented to provide actionable insights for B2B stakeholders:

• Application: Oncology support during chemotherapy, hematopoietic growth factor therapy.
• Formulation: Prefilled syringes, single-use pens, and vials.
• Route of Administration: Subcutaneous injection.
• End Use: Hospitals, cancer care centers, outpatient clinics, specialty pharmacies.
• Regional Analysis: North America, Europe, APAC, South America, MEA.

The segmentation allows market participants to understand demand patterns, optimize supply chains, and target growth opportunities in specific regions and clinical applications. Hospitals and oncology centers are increasingly favoring biosimilars due to cost benefits, ensuring broader patient access without compromising efficacy or safety.

Competitive Landscape

Key companies profiled in the Pegfilgrastim Biosimilar Market include Sandoz, Apotex, Amgen, Celltrion, Samsung Biologics, Pfizer, Teva Pharmaceuticals, Stada Arzneimittel, Biocon, Egis Pharmaceuticals, Mylan, Biogen, Reddy's Laboratories, Cipla, and Hikma Pharmaceuticals. These companies are focusing on research and development, licensing agreements, strategic partnerships, and clinical trials to expand their biosimilar portfolios. Competition is intensified due to patent expirations, new market entrants, and the increasing number of approved biosimilars, driving innovation and price competitiveness.

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Market Drivers and Opportunities

The market is propelled by several key drivers:

• Increasing Cancer Prevalence: Rising global incidence of cancers, particularly breast, lung, and colorectal cancers, is driving the demand for supportive care therapies like pegfilgrastim biosimilars.
• Cost-Effective Treatments: Biosimilars offer significantly lower prices compared to originator biologics, enabling broader adoption across hospitals and oncology centers.
• Regulatory Approvals: Expansion of biosimilar approval pathways in major markets such as the U.S., Europe, and APAC supports market growth.
• Patent Expirations: Expiring patents of reference pegfilgrastim products create opportunities for new biosimilar entrants.
• Enhanced Patient Access Programs: Initiatives by manufacturers to provide affordable therapies boost market penetration in emerging economies.

Opportunities are further enhanced by increasing awareness about the safety and efficacy of biosimilars among healthcare providers. Growth in patient assistance programs, collaborations with oncology networks, and investments in local manufacturing facilities are expected to significantly expand market reach.

Reasons To Buy The Pegfilgrastim Biosimilar Market Report:

➼ In-depth analysis of the Pegfilgrastim Biosimilar Market on the global and regional levels.

➼ Major changes in market dynamics and competitive landscape.

➼ Segmentation on the basis of type, application, geography, and others.

➼ Historical and future market research in terms of size, share growth, volume, and sales.

➼ Major changes and assessment in market dynamics and developments.

➼ Emerging key segments and regions

➼ Key business strategies by major market players and their key methods

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