The global Monoclonal Antibodies (mAbs) Market is expected to witness a significant CAGR during the forecast period. Monoclonal antibodies (mAbs) are identical by nature since a single type of immune cell is responsible for its production. With almost any substance, monoclonal antibodies could keep attached for any modification. Being an inseparable part of targeted therapy approach for several diseases, various receptors on the cell surface restrain essential functions that are responsible for cell death by various mechanisms. Commercially, many mAbs have helped in modification of autoimmune and chronic disease still date.
The
driving factors for monoclonal antibodies market comprise rise in demand for
personalized medicine and advances in therapeutic antibodies. In addition,
benefits pertaining to use of biologics are likely to stimulate the market
development in the near future. By source, the monoclonal antibodies (mAbs)
market segmentation includes humanized, chimeric, and murine. By indication,
the market is segmented as infectious, inflammatory, vira disease, microbial,
and cancer. End-use segmentation for monoclonal antibodies market includes
academic institutes, diagnostic laboratories, and hospitals.
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Geographical
segmentation for monoclonal (mAbs) market includes North America, South
America, Europe, Asia-Pacific, Middle East and Africa. North America accounts
for a significant market share owing to rise in government initiatives and
R&D activities. Rise in biopharmaceutical manufacturing for quality protein
drugs also stimulates the market growth during the forecast period.
Asia-Pacific regions have accounted for a greater market in the global scenario
due to the presence of geriatric population and prevalence of chronic ailments
in geriatric population.
Asia-Pacific
regions are likely to grow at a higher rate due to rise in revenue generating
drugs and huge availability of patient pool. In addition, rise in R&D
activities contribute to the growth of APAC market. The prominent players in
the monoclonal antibodies (mAbs) industry include AbbVie, Johnson &Johnson,
F.Hoffman-La Roche, Amgen, BMS and Merck.
Global Monoclonal Antibodies Source
Type Outlook (Revenue, USD Billion, 2013 - 2024)
• Murine
• Chimeric
• Humanized
• Human
Global
Monoclonal Antibodies Production Type Outlook (Revenue, USD Billion, 2013 -
2024)
• In Vivo
• In Vitro
Global
Monoclonal Antibodies Indication Outlook (Revenue, USD Billion, 2013 - 2024)
• Cancer
• Autoimmune Diseases
• Inflammatory Diseases
• Infectious Diseases
• Microbial Diseases
• Others
Global
Monoclonal Antibodies End-use Outlook (Revenue, USD Billion, 2013 - 2024)
• Hospitals
• Research Institutes
• Others
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