Europe Biosimilars Market Size & Outlook, 2026-2033

The biosimilars market in Europe is expected to reach a projected revenue of US$ 43,744.6 thousand by 2033. A compound annual growth rate of 18.3% is expected of Europe biosimilars market from 2026 to 2033.
Revenue, 2025 (US$K)
$11,574.8
Forecast, 2033 (US$K)
$43,744.6
CAGR, 2026 - 2033
18.3%
Report Coverage
Europe

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Europe biosimilars market, 2021-2033 (US$K)

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Europe biosimilars market highlights

  • The Europe biosimilars market generated a revenue of USD 11,574.8 thousand in 2025.
  • The market is expected to grow at a CAGR of 18.3% from 2026 to 2033.
  • In terms of segment, monoclonal antibodies (mabs) was the largest revenue generating drug class in 2025.
  • Insulin & Analogues is the most lucrative drug class segment registering the fastest growth during the forecast period.
  • Country-wise, France is expected to register the highest CAGR from 2026 to 2033.


Europe data book summary

Market revenue in 2025USD 11,574.8 thousand
Market revenue in 2033USD 43,744.6 thousand
Growth rate18.3% (CAGR from 2026 to 2033)
Largest segmentMonoclonal antibodies (mabs)
Fastest growing segmentInsulin & Analogues
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD thousand
Market segmentationMonoclonal Antibodies (mAbs), Growth Factors & Hematopoietic Agents, Insulin & Analogues, Osteoporosis / Bone Metabolism Agents, Others Drug Class
Key market players worldwideAmgen Inc, Roche, Sandoz Group AG ADR, Dr. Reddy’s Laboratories, Teva Pharmaceutical Industries Ltd, Pfizer Inc, Samsung Bioepis, Biocon, Viatris Inc, Celltrion Healthcare, AbbVie Inc


Other key industry trends

  • In terms of revenue, Europe region accounted for 29.2% of the global biosimilars market in 2025.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 33,695.2 thousand by 2033.

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Biosimilars Market Companies

Name Profile # Employees HQ Website
Sandoz Group AG ADR View profile - - -
Biocon View profile 10001+ Bangalore, Karnataka, India, Asia http://www.biocon.com
Samsung Bioepis View profile 501-1000 Incheon, Inch'on-jikhalsi, South Korea, Asia https://www.samsungbioepis.com
Celltrion Healthcare View profile 51-100 Incheon, Inch'on-jikhalsi, South Korea, Asia http://www.celltrionhealthcare.com/
Viatris Inc View profile 38000 1000 Mylan Boulevard, Canonsburg, PA, United States, 15317 https://www.viatris.com
Roche View profile 10001+ Basel, Basel-Stadt, Switzerland, Europe http://www.roche.com
Dr. Reddy’s Laboratories View profile 10001+ Hyderabad, Andhra Pradesh, India, Asia http://www.drreddys.com/
Pfizer Inc View profile 88000 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 https://www.pfizer.com
AbbVie Inc View profile 50000 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 http://www.abbvieinvestor.com
Amgen Inc View profile 26700 One Amgen Center Drive, Thousand Oaks, CA, United States, 91320-1799 https://www.amgen.com
Teva Pharmaceutical Industries Ltd View profile 37851 124 Dvora HaNevi’a Street, Tel Aviv, Israel, 6944020 https://www.tevapharm.com

Europe biosimilars market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biosimilars market will help companies and investors design strategic landscapes.


Monoclonal antibodies (mabs) was the largest segment with a revenue share of 52.38% in 2025. Horizon Databook has segmented the Europe biosimilars market based on monoclonal antibodies (mabs), growth factors & hematopoietic agents, insulin & analogues, osteoporosis / bone metabolism agents, others drug class covering the revenue growth of each sub-segment from 2021 to 2033.


Europe has held the largest market share in terms of revenue due to presence of well-defined regulatory framework for biosimilars and major biopharmaceutical companies such as Johnson & Johnson, Novartis, AstraZeneca, Pfizer, Merck, Sanofi, and GlaxoSmithKline. 

Furthermore, welldeveloped healthcare infrastructure and growing number of product launches have fueled regional market growth. Since Europe has approved the first biosimilar drug in 2006, the region has pioneered the regulation of biosimilars. 

Over the past 10 years, the region has approved the highest number of biosimilars worldwide. Also, Celltrion and Teva Phamaceuticals’s biosimilar Truxima (rituximab-abbs) was approved in 2017 in Europe and was launched in U.S. in 2019.

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Target buyers of Europe biosimilars market databook

  • Our clientele includes a mix of biosimilars market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe biosimilars market , including forecasts for subscribers. This continent databook contains high-level insights into Europe biosimilars market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Europe biosimilars market size, by country, 2021-2033 (US$K)

Europe Biosimilars Market Outlook Share, 2025 & 2033 (US$K)

Europe biosimilars market size, by country, 2021-2033 (US$K)

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