Antibody Drugs Market Scope
Antibody refers to a protein produced mainly by plasma cell in order to neutralize pathogens such as pathogenic bacteria and viruses. The Anti-drug conjugated are an important class of highly potent biopharmaceutical drugs designed as a targeted therapy for cancer-killing. These drugs are created by the use of modern scientific techniques. The rising incidence of Cancer and growing geriatric population is propelling the market for Antibody-Drug Conjugates (ADC).
According to AMA, the Global Antibody Drugs market is expected to see growth rate of 5.98%Antibody drugs market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative combinations and solutions to improve quality, enhances and promotes performance, along with try to incorporate latest technology. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Antibody Drugs market throughout the predicted period.
Biogen Inc. (United States), Amgen Inc. (United States), Johnson & Johnson Inc. (United States), Seattle Genetics Inc. (United States), AbbVie Inc. (United States), ImmunoGen, Inc. (United States), Pfizer Inc. (United States), Roche Holding AG (Switzerland), F. Hoffmann-La Roche Ltd. (Switzerland), Merck KGaA (Germany) and Novartis AG (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Millennium Pharmaceuticals (United States), Concortis Biotherapeutics (United States), Agensys, Inc. (United States), Progenics Pharmaceuticals (United States), Oxford BioTherapeutics (United States) and Mersana Therapeutics (United States).
Segmentation Overview
The study have segmented the market of Global Antibody Drugs market by Type (Monoclonal Antibodies, Antibody-Drug Conjugates and Polyclonal Antibodies), by Application (Central Nervous System (CNS) Disorders, Cancers, Autoimmune Disorders and Cardiovascular Diseases) and Region with country level break-up.
On the basis of geography, the market of Antibody Drugs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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).
Influencing Trend:
The Pharmaceutical Industry Is Undergoing a Change from Chemical Drugs to Protein Drugs, Increasing Sedentary Lifestyles and Research and Development in Antibody Drug
Market Growth Drivers:
Number of Products in the Late Pipeline Stage of Clinical Trials, Emergence Of Targeted and Combination Therapies and Rising Population of Baby-Boomers
Challenges:
ADCs are Highly Complex and Structurally Heterogeneous, Identification of Critical Quality Attributes To Determine Product Characteristics and Cost and Time Intensive Antibody Development Process
Restraints:
High Cost of Anti Drugs Limits Its Mass Adoption
Opportunities:
High Specificity and Low Immunogenicity, Protein Therapeutics Is Widely Used To Treat Various Life-Threatening Diseases, High Recent Improvements in Major Analytical Techniques for ADC and Rising In Stem Cell and Neurobiology Research
Market Leaders and their Expansionary Development Strategies
In December 19, 2022, Biogen Inc. signed agreement with Genentech, a member of the Roche Group. According to this agreement Biogen will have no payment obligations and will receive tiered royalties on potential net sales of glofitamab within the United States as part of the company’s long-standing collaboration on antibodies targeting CD20. This helped company to expand its presence in antibody drugs market
In July 2018, Daiichi Sankyo Company, Limited and Glycotope GmbH have inked a pact regarding the combination of Glycotope’s investigational tumor-associated TA-MUC1 antibody gatipotuzumab and Daiichi Sankyo’s proprietary ADC technology for developing gatipotuzumab antibody drug conjugate.
According to WHO, in 2015, around 570,000 women died owing to breast cancer globally, which are approximately 15% of all cancer deaths among women. Breast cancer is most frequent cancer among the women, and impacting around 1.5 million women every years.
Key Target Audience
Pharmaceutical and Biotechnology Companies, Life Sciences Companies, Academic Research Institutes, Government Institutes, Private Research Firms, Contract Research Organizations (CROs), Venture Capitalists and Investors and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.