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Market Research Report
Product code
1020964
Monoclonal Antibodies Market by Source, Indication, and End User : Global Opportunity Analysis and Industry Forecast, 2021-2030 |
Monoclonal Antibodies Market by Source, Indication, and End User : Global Opportunity Analysis and Industry Forecast, 2021-2030 |
Published: June 29, 2021
Allied Market Research
Content info: 245 Pages
Delivery time: 2-3 business days
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The global monoclonal antibodies market was valued at $146,642 million in 2020, and is projected to reach $390,582 million by 2030, registering a CAGR of 10.2% from 2021 to 2030.
Monoclonal antibodies (mAb) are the antibodies which are developed in a laboratory from clone of a single B-cell. These antibodies recognize & attach to a specific receptor present on the surface of cells. The monoclonal antibodies are similar in nature, technically characterized as identical immunoglobulin (Ig). Moreover, these are utilized to detect numerous disease agents and for diagnostic indications. Furthermore, monoclonal antibodies are used in the treatment of autoimmune diseases, inflammatory diseases, infectious diseases, and others.
The growth of the monoclonal antibodies market is driven by rise in prevalence of cancer and other chronic diseases, increase in government funding for cancer research and technology development, and surge in adoption of humanized monoclonal antibodies (mAbs) in the treatment of several diseases including inflammatory, cancer, and autoimmune diseases. In addition, rise in demand for personalized medicines, increase in development of therapeutic monoclonal antibodies, and surge in research collaborations for the development of robust drugs pipeline drives the growth of the market. Moreover, increase in government support in infection control & management, rise in patient awareness regarding applications of murine monoclonal antibodies therapy, increase in number of clinical trials, and introduction of low-priced biosimilar monoclonal antibodies are the other factors that boost the growth of the market. However, poor demand in underdeveloped countries is expected to restrain the growth of the monoclonal antibodies market. Conversely, growth avenues in emerging markets are expected to offer lucrative opportunities during the forecast period.
The monoclonal antibodies market is segmented into source, indication, end user, and region. On the basis of source, the market is categorized into murine, chimeric, humanized, and human. By indication, the market is divided into cancer, autoimmune diseases, inflammatory diseases, infectious diseases, and others. The cancer segment is further classified into breast cancer, colorectal cancer, lung cancer, ovarian cancer, and others. By end user, the market is fragmented into hospitals, research institutes, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA
By Source
By Indication
By End User
By Region