About Monoclonal Antibody Based Products
Monoclonal antibody-based products are one of the most powerful tools in modern medicine. Most licensed monoclonal antibodies are for non-communicable diseases, including cancer and autoimmune diseases. It is a large and growing segment of the pharmaceutical market and is the largest class of biologic products in development. Health systems strengthen and improve the capabilities to diagnose and treat disease in developing countries.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global Monoclonal Antibody Based Products is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Merck Group (Germany), Genentech/Roche (United States), AbbVie (United States), Amgen/Pfizer (United States), MedImmune (United States), Zydus Lifesciences (India), Serum Institute (India), BD Biosciences (United States), Amgen (United States) and Biotest (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Dendreon (United States) and Biogen (United States).
Segmentation Overview
AMA Research has segmented the market of Global Monoclonal Antibody Based Products market by Type (Murine, Chimeric, Humanized and Human), Application (Therapeutics and Diagnostics) and Region.
On the basis of geography, the market of Monoclonal Antibody Based Products has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Diseases Type, the sub-segment i.e. Non-communicable Diseases will boost the Monoclonal Antibody Based Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Pharmaceutical Companies will boost the Monoclonal Antibody Based Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Raising Awareness of the Clinical, Public Health, and Economic Value
Market Growth Drivers:
Increasingly Large Proportion of Pharmaceutical Company Pipelines and Rising Awareness about Monoclonal Antibodies
Challenges:
Limitations on the Monoclonal Antibody-Based Products
Restraints:
Allergy-Related Risks with the Monoclonal Antibody-Based Products and Lack of Sales and Access of Monoclonal Antibody Based Products in Low and Middle-Income Countries
Opportunities:
Immense Growth in High-Income Countries and Growing Number of Non-Communicable and Infectious Diseases
Market Leaders and their expansionary development strategies
On 5th November 2020, Merck entered into the agreement of the acquisition of VelosBio. The acquisition strengthens Merck’s Oncology Pipeline with VLS-101, an Investigational Antibody-Drug Conjugate to Treat Hematological Malignancies and Solid Tumors.
In September 2023, The University of Texas MD Anderson Cancer Center and Panacea Venture today announced the launch of Manaolana Oncology Inc., a new company created to develop and advance antibody-based therapies against novel cancer antigens. Manaolana Oncology seeks to build upon the innovative antibody production capabilities and intellectual property of MD Anderson to research and develop novel monoclonal antibodies
As per the WHO’s guidelines, monoclonal antibody-based products should be licensed. Requirement for description for structural elements such as active sites, receptors, ligand binding sites, and features for signal transduction.
Key Target Audience
Monoclonal Antibody Based Products Manufacturers, Regulatory Bodies, New Entrants, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.