What is Double Barreled Antibodies Drug Market?
Doubled barreled antibodies drug based on antibody-based therapeutics, which will enhance the fighting ability against diseases like cancer. It is a bispecific antibody that can bind two epitopes or two different targets at the same time and will enhance the immunity power in the body. It is used for various cancer treatments.
Highlights from Double Barreled Antibodies Drug Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Amgen Inc (United States), F. Hoffman La Roche Ltd (Switzerland), AbbVie Inc (United States), OncoMed Pharmaceuticals, Inc (United States), Glenmark Pharmaceuticals Limited (India), Xencor, Inc (United States), MacroGenics, Inc (United States), Aptevo Therapeutics Inc (United States), Ligand Pharmaceuticals, Inc (United States), Regeneron Pharmaceuticals, Inc (United States) and Others |
The top firms are in a competition that has their strong R&D backup for research studies and the further things which are required to get approval for such complicated drugs. There are firms mainly from the USA that play a major role in the research area for treatments of cancers. Mergers and acquisitions are other options to change the market strategies and earn more reputation in the market. Research Analyst at AMA predicts that North America Players will contribute to the maximum growth of Global Double Barreled Antibodies Drug market throughout the forecasted period.
Amgen Inc (United States), F. Hoffman La Roche Ltd (Switzerland), AbbVie Inc (United States), OncoMed Pharmaceuticals, Inc (United States), Glenmark Pharmaceuticals Limited (India), Xencor, Inc (United States), MacroGenics, Inc (United States), Aptevo Therapeutics Inc (United States), Ligand Pharmaceuticals, Inc (United States), Regeneron Pharmaceuticals, Inc (United States) and Others are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Fresenius SE & Co. KGaA (Germany) and Merus N.V (Netherlands). Double Barreled Antibodies Drug Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Lung Cancer, Brain Cancer, Liver Cancer and Others |
Type | Removab, BLINCYTO and Others |
End Users | Clinical research,Hospitals and clinics,Pharmacy stores |
On the basis of geography, the market of Double Barreled Antibodies Drug 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
R & D Departments Are Working Hard To Clear Clinical Trials As It Owns Several Therapeutic Advantages
Market Growth Drivers:
Increasing Demand For Double-Barreled Antibodies Drug and Growing Studies For Cancer Treatments Where These Drugs Are Highly Potent
Challenges:
Long Research Process and Approval Of Drugs Is Rare
Restraints:
Expensive Cost For Clinical And Pre-Clinical Studies Of These Drugs
Opportunities:
Growing Clinical And Preclinical Development and Growing Studies And Developments In Bi-Specific Antibody Engineering And Design
Key Target Audience
Manufacturers, Hospital and diagnostic centers, Distributors/Suppliers/Wholesalers, Government sector, Research firms, Clinical Trial Centres and Downstream Vendors
Market Leaders & Development Strategies
On 13th January 2020, Amgen announced a diagnostic merger with leading diagnostic Guardant Health and it will develop Blood- and Tissue-Based Companion Diagnostics for Investigational KRAS to expand molecular testing for patients. It will be the first company to develop a KRAS inhibitor in multi diagnostic.
On 25th February FDA accepted Roche’s Biologics license application for fixed-dose via a subcutaneous combination of Perjeta and Herceptin for HER2-positive breast cancer. It will facilitate chemotherapy, for the treatment of eligible patients with HER2-positive breast cancer.
The Food and Drug Administration (FDA) regulates the development and approval of new drugs, including Double Barreled Antibodies (DBAbs). Similarly, the European Medicines Agency (EMA) oversees the approval process for drugs in the European Union.