Monoclonal Antibody Therapeutics Market by Application (Cancer, Autoimmune Diseases, Infection, Hematological Diseases, and Others), By Source and By End Users: Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2023

Global monoclonal antibody therapeutics market expected to generate revenue of around USD 218.97 billion by the end of 2023, growing at a CAGR of around 12.5% between 2017 and 2023. Monoclonal antibody therapeutics is a type of immunotherapy in which monoclonal antibodies are used so that they can bind monospecifically to specific cells and proteins.

09-Apr-2018 | Number of pages: 110 | Report Code: ZMR-2752 | Report Format : | Status : Published

Analysis

Monoclonal antibody therapeutics is a type of therapy in which monoclonal antibodies are used to target a specific cell, which can cause various diseases. Monoclonal antibodies are the once which have identical structures as they are produced from one type of immune cell. An antibody is a protein that binds to a specific protein called antigen. They target various receptors on the cell surface and modulate their vital functions and cause cell death through various mechanism. Antibodies have two main functions namely recognize and bind to the target cell or antigen to induce immune response against the antigen. When a monoclonal antibody binds to the specific target cell it induces the immune response against the cell, which helps to decrease the effect of the disease in humans.

Researchers have designed various monoclonal antibodies which are specific in various diseases including cancer. As there is rapid increase in the number of patients suffering from cancer, demand for global monoclonal antibody therapeutics market is expected to grow. Growing chronic diseases and increasing health concerns also act as a driver for the growth of this market. Technological advancements in the field of healthcare are also fueling the growth of the market. Use of monoclonal antibody products is approved in regions like Europe and U.S.; therefore there is increase in demand for monoclonal antibody therapeutics. However, due to introduction of biosimilars the growth of global monoclonal antibody therapeutics market is hindered. High cost of monoclonal antibody therapeutics is also expected to affect the growth of the market in the forecast period. Time-consuming procedures for production of monoclonal antibodies and strict approval procedures are also hampering the growth of the global monoclonal antibody therapeutics market.

Global Monoclonal Antibody Therapeutics Market

Based on application, the market is segmented into cancer, autoimmune diseases, infection, hematological diseases and others. Autoimmune diseases segment is expected to dominate the global monoclonal antibody therapeutics market during in the forecast period. Based on source, the market is segmented into human, humanized, chimeric, and others. The human monoclonal antibody segment is expected to dominate the global monoclonal antibody therapeutics market.

Based on end user, the market is segmented into hospitals, private clinics and research institute. Research institute segment is anticipated to dominate the global monoclonal antibody therapeutics market in the future. North America is projected to continue its supremacy, in global monoclonal antibody therapeutics market, which will be followed by Europe, in the forthcoming years. The growth of this regional market is due to the increasing technological advancements in the region.

Some of the key players in the global monoclonal antibody therapeutics market are Pfizer Inc., Bayer AG, Sanofi, Merck & Co., Inc., GlaxoSmithKline Plc., F. Hoffmann-La Roche Ltd., Novartis AG, and AbbVie Inc.


Related Reports

Revivable Yeast Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026.

Price : $ 3999.00 | Report Code: ZMR-5493 | Report Format:

Global Revivable Yeast Market: Overview Yeast plays a chief role in the process of fermentation. This unicellular organism is considered to be a key ingredient and has several strains with unique flavors and aromas. Revivable yeast is a rich source of energy. These are gluten-free and do not hav...Read More

Cannabis Pharmaceuticals Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Price : $ 3999.00 | Report Code: ZMR-5486 | Report Format:

Global Cannabis Pharmaceuticals Market: Overview The use of cannabis in medicine is been for 6,000 years, but currently, there is a huge debate regarding its role in healthcare. Cannabidiol (CBD) and tetrahydrocannabinol (THC) are the two major medicinally active phytocannabinoids found in canna...Read More

Global Cannabis Cultivation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Price : $ 3999.00 | Report Code: ZMR-5471 | Report Format:

Global Cannabis Cultivation Market: Overview Cannabis is a group of plants that include Cannabis ruderalis, Cannabis indica, and Cannabis sativa. These plants have psychoactive properties. Seed oil, dried leaves, as well as other parts of the plant, is used for medicinal and recreational purpose...Read More

Advanced Therapy Medicinal Products Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Price : $ 3999.00 | Report Code: ZMR-5469 | Report Format:

Global Advanced Therapy Medicinal Products Market: Overview The recent evolutions in immunotherapy have resulted in a slow transpose toward customized medicine from the traditional one-size-fits-all approach. The advanced therapy medicinal product or ATMP perspective is one of the operative spac...Read More

Proteinase K Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Price : $ 3999.00 | Report Code: ZMR-5465 | Report Format:

Global Proteinase K Market: Overview Proteinase K is a substrate from serine protease. Proteinase K is from stable S8 serine alkaline protease family groups containing one free cys and two disulfide bridges. It is used to digest proteins and eliminate contamination from the preparation of nuclei...Read More

Request Free Brochure

COVID-19

A Global Pandemic

Request the coronavirus impact analysis across industries and market

Request impact analysis on this market
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.