The global monoclonal antibodies market was valued at USD 185.07 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% during the forecast period. Growth in this market is driven by rising incidences of chronic diseases, increasing adoption of targeted therapies, and expanding biopharmaceutical research and development activities.
Market Drivers
The market is experiencing strong momentum due to the growing prevalence of cancer, autoimmune disorders, and infectious diseases. Additionally, continuous technological advancements, favorable regulatory environments, and increasing investment by biopharmaceutical companies are fueling market growth.
Market Segmentation
The market is segmented by source, indication, end user, and region.
- By Source: Human, humanized, chimeric, and murine
- By Indication: Cancer, autoimmune diseases, infectious diseases, inflammatory diseases
- By End User: Hospitals, specialty centers, research institutes, and others
- By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Key Players
Major companies in the monoclonal antibodies market include:
Abbott Laboratories
Amgen Inc
AstraZeneca plc
Bayer AG
Biogen Inc.
Bristol Myers Squibb
Daiichi Sankyo Company Limited
Eli Lilly and Company
F. Hoffman-La Roche Ltd.
GlaxoSmithKline plc
Johnson & Johnson Services, Inc.
Merck & Co., Inc.
Merck KGaA
Novo Nordisk A/S
Novartis
copyright Inc
Sanofi S.A.
Thermo Fisher Scientific, Inc.
Viatris Inc.
Conclusion
The monoclonal antibodies market is poised for significant expansion as advancements in biotechnology and the demand for precision medicine continue to accelerate. Strategic collaborations, innovations in drug delivery, and a growing pipeline of antibody therapies will further contribute to robust market growth globally.
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