According to the report published by Allied Market Research, the global Monoclonal Antibodies Market was estimated at $146.64 billion in 2020 and is expected to hit $390.58 billion by 2030, registering a CAGR of 10.2% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
What is Monoclonal Antibodies?
Monoclonal antibody (mAb) therapy is a form of immunotherapy that utilizes monoclonal antibodies to attach mono specifically to specific proteins or cells.
What are Monoclonal Antibodiess used for?
Monoclonal antibodies are used to improve & suppress the immune responses in several medical conditions and to treat different diseases such as cardiovascular, cancer, and cerebrovascular diseases.
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Value Propositions Related to The Report:
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- Comprehensive quantitative and qualitative insights at segment and sub-segment level
- Covid 19 impact trends and perspective
- Granular insights at global/regional/country level
- Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
- Blanket coverage on competitive landscape
- Winning imperatives
- Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market
Covid-19 Situation –
- The increased need for globally available treatments has fueled the rapid development of large numbers of neutralizing monoclonal antibodies (mAb) against SARS-CoV-2 (severe acute respiratory syndrome coronavirus 2).
- Therefore, COVID-19 infection has increased the growth and opportunities for key players in the monoclonal antibody market.
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Based on the indication, the cancer segment contributed nearly three-fifths of the total market share in 2020 and is expected to dominate the roost by 2030. The same segment would also show the fastest 10.7% CAGR for all. the forecast period.
By region, North America held the largest share in 2020, capturing more than two-fifths of the global market. The Asia-Pacific market, on the other hand, would quote the fastest CAGR of 11.7% during the forecast period. Other regions highlighted in the report include LAMEA and Europe.
Major Key Market Players in the Industry –
- Abbott Laboratories
- Amgen Inc.
- AstraZeneca plc
- Bayer AG
- Eli Lilly
- GlaxoSmithKline Plc
- Johnson & Johnson
- Merck & Co. Inc.
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Market: By Region Outlook
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
- LAMEA (Brazil, South Africa, Turkey, Saudi Arabia, Rest of LAMEA)
Important Questions Being Answered by This Market Report Are –
Q1. What is the total market value of Monoclonal Antibodies market report?
Q2. What would be forecast period in the market report?
Q3. What is the market value of Monoclonal Antibodies market in 2021?
Q4. Which is base year calculated in the Monoclonal Antibodies market report?
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Key findings of the study –
- According to the source, the human segment held the largest market share in 2020 and is expected to remain dominant during the forecast period.
- Based on the indication, the cancer segment held the largest market share in 2020 and is expected to remain dominant during the forecast period.
- Based on the end user, the hospital segment held the largest market share in 2020 and is expected to remain dominant during the forecast period.
- Depending on the region, Asia Pacific is expected to experience growth at the highest rate, posting a CAGR of 11.7% over the forecast period.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various research data tables and confirms utmost accuracy in our market forecasting. Each and every us companies and this helps us in digging out market data that helps us generate accurate y data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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