The Global Monoclonal Antibodies Market Report by The Business Research Company Covers Monoclonal Antibodies Market’s Drivers And Restraints, Monoclonal Antibodies Market Size, Major Players, And The Impact Of COVID-19 On The Monoclonal Antibodies Market.
The monoclonal antibodies (MAbs) market consists of sales of monoclonal antibodies and related services. Monoclonal antibodies are used to enhance and suppress the immune response in various medical conditions and to treat various diseases such as cancer, cardiovascular and cerebrovascular diseases. This industry includes establishments that produce anti-cancer monoclonal antibodies to prevent metastasis by reducing cell proliferation, immunological monoclonal anti-bodies, neuropharmacological monoclonal anti-bodies, anti-infective monoclonal antibodies, and other MAbs for human beings and animals.
The Increasing prevalence of cost-efficient biosimilar monoclonal antibodies are driving the monoclonal antibodies market growth. The biosimilar aim is to curb the increasing healthcare cost and handle economic pressure from the patient pod and governments to reduce the cost of medication and increase access to treatment.
The global monoclonal antibodies (MAbs) market is expected to grow from $106.87 billion in 2020 to $114.43 billion in 2021 at a compound annual growth rate (CAGR) of 7.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The MAbs market is expected to reach $179.56 billion in 2025 at a CAGR of 11.9%.
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Some monoclonal antibodies market trends include strategic initiatives. Top companies in the market are strategically acquiring start-ups and mid-sized companies to broaden products and services. Strategic collaborations or acquisitions and partnership agreements help vendors expand their existing product portfolio and geographical reach. For instance, In February 2019, AbCellera and Novartis enter into a multi-target partnership to create an antibody-drug discovery platform and technology for treating clinically-relevant and neurodegenerative diseases.
Global monoclonal antibodies (MAbs) market segments include:
1) By Source: Murine, Chimeric, Humanized, Human.
2) By Application: Anti-Cancer, Immunological, Anti-Infective Monoclonal Antibodies (MAbs), Neuropharmacological, Cardiovascular And Cerebrovascular, Others.
3) By End Users: Hospitals, Private Clinics, Research Institute.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Monoclonal Antibodies (MAbs) Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides monoclonal antibodies (MAbs) market overviews, analyzes and forecasts market size, share, monoclonal antibodies (MAbs) market players, monoclonal antibodies (MAbs) market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The monoclonal antibodies (MAbs) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Monoclonal Antibodies (MAbs) Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Johnson & Johnson, Merck, AbbVie, Amgen, Glaxosmithkline plc, Norvatis AG, Pfizer Inc, Thermofischer Scientific, Elililly and Company, Bristol-Myers Squibb, Hoffman Roche Ltd, Sanofi, Abbott Laboratories, Mylan N.V, Novo Nordisk A/S, Daiichi Sankyo Company ltd., Seattle genetics, Teva pharmaceutical industries, Shanghi Junsi bioscience ltd, GenScript, Sigma-Aldrich Co. LLC, AbGenomics, ADC Therapeutics, Agensys, Alexion Pharmaceuticals, ALMAC Group, Ambrx, Astellas Pharma, Celgene, Celldex Therapeutics.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Monoclonal Antibodies (Mabs) Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Monoclonal Antibodies (Mabs) Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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