According to the report “Global Autoimmune Monoclonal Antibodies Market“, published by Market Data Forecast, the global market is projected to reach USD 25,274.7 million by 2021, at a CAGR of 7.84% from 2016 to 2021.
Monoclonal antibodies have the ability to offer less toxic and more efficient therapeutic alternatives to treat autoimmune diseases. Recent years have seen the emergence of monoclonal antibodies being used to treat wide array of diseases that are related to immune response. These antibodies are mono-specific comprising of identical immune cells which are clones of a single parent cell and are directed towards a specific cellular target. Thus monoclonal antibodies due to its customizable nature can be used to treat the self-reactive immune cells not impacting the normal ones.
Irregular functioning of humans’ immune system results in autoimmune disorders. Overproduction of self-reactive immune cells (such as antibodies & T-cells) damage regular functions of /cells/tissues/organs. This lead to different autoimmune disorders such as systemic lupus erythematosus, rheumatoid arthritis, multiple sclerosis, and others diseases. Typically, drugs are used as a treatment to cure autoimmune disorders. The adverse effects associated with drugs has made switched to concentrate on monoclonal antibodies.
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Global Autoimmune Monoclonal Antibodies Market: Drivers & Restraints
Growing research & development to stimulate the development of monoclonal antibodies rising number of patients with autoimmune diseases, and increasing public & private organizations involvement to support advanced therapeutics development are driving the growth of global autoimmune monoclonal antibodies market. In addition, rising demand for antibody based therapeutics, increasing adoption of advanced healthcare therapeutics, and growing number of lifestyle associated disorders are further promoting the growth of global autoimmune monoclonal antibodies. However, presence of stringent regulatory pathways, lack of advanced research facilities & underdeveloped healthcare infrastructure in certain developing regions, and limited accessibility of monoclonal antibodies therapeutics due to high cost are restraining the growth of autoimmune monoclonal antibodies.
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Global Autoimmune Monoclonal Antibodies Market: Segmentation
- Systemic Lupus Erythematosus
- Rheumatoid Arthritis
- Multiple Sclerosis
- Transplant Rejection/Graft Versus Host Disease
By End User
- Research Institute
- Diagnostic Laboratories
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Global Autoimmune Monoclonal Antibodies Market: Overview
Among source, humanized segment is expected to command the largest share in Global Autoimmune Monoclonal Antibodies market, by source in 2016. Among application, rheumatoid arthritis application is anticipated to command the major share in Global Autoimmune Monoclonal Antibodies market, by application in 2016. Among these end user, Hospitals/Clinics segment is expected to hold the major market share in Global Autoimmune Monoclonal Antibodies market, by application in 2016.
Global Autoimmune Monoclonal Antibodies Market: Region-wise Outlook
On the basis of geographical region the global Autoimmune Monoclonal Antibodies market is segmented as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America is expected to command the major market share of 45.0% of the global Autoimmune Monoclonal Antibodies market in 2016 and expected to grow at the highest CAGR of 8.47% during the forecast period 2016-2021.
Key Questions Answered
- What is the current and future Global Autoimmune Monoclonal Antibodies Market outlook in global? What trends are affecting the global market?
- What is the competitive landscape and market share of major players in the Global Autoimmune Monoclonal Antibodies space globally?
- What are the key, high growth markets that Global Autoimmune Monoclonal Antibodies manufacturers should expand into? Which market segments are growing the fastest?
- What are the unmet needs with the Global Autoimmune Monoclonal Antibodies currently on the market? How will emerging technologies fulfil these unmet needs?
- What is physician perception and market outlook of Autoimmune Monoclonal Antibodies Market ?
- How is the Autoimmune Monoclonal Antibodies market evolving?
- What is driving and restraining the Autoimmune Monoclonal Antibodies market growth?
- What are the challenges and barriers that have hindered widespread adoption of Global Autoimmune Monoclonal Antibodies ?
- What are the key sustainability strategies adopted by market players ?
Global Autoimmune Monoclonal Antibodies Market: Key Players
The key players in global Autoimmune Monoclonal Antibodies market include, GlaxoSmithKline plc (U.K.), AstraZeneca plc (U.K.), F. Hoffmann-La Roche Ltd. (Switzerland), Bristol-Myers Squibb (U.S.), Johnson & Johnson (U.S.), Innovent Biologics, Inc. (China), Takeda Pharmaceutical Company Ltd. (Japan), Amgen Inc. (U.S.), Biogen Inc.(U.S.), and UCB Company (Belgium).
Reasons to buy Global Autoimmune Monoclonal Antibodies Market Report:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
- Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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