New Report Shares Details about Antibody Drugs Market Global Antibody Drugs Market: Overview

Antibodies are large Y-shaped proteins, which help immune system to identify and neutralize foreign objects such as bacteria and viruses in the human body. Gaining from the advancements in the field of biotechnology in the past two decades since the first antibody drug was made commercially available in 1986, several antibody drugs are now available. This drugs not only have fewer side effects as compared to other alternatives, they attain high efficacy too in curing certain diseases that were previously considered untreatable. Due to this undeniable benefit and immense possibilities in future, the global market for antibody drugs is gaining quick momentum and investors are currently investing aggressively in the research and development of new antibody drugs. By 2009, nearly 30 new antibody drugs were available in the market for consumers and according to the report, the global market for antibody drugs will expand at a healthy CAGR during the forecast period of 2016 to 2024.

Global Antibody Drugs Market: Trends and Opportunities

There are a number products in the late-pipeline stage of clinical trials, which are expected to be introduced during the forecast period and in turn will drive the growth prospects of the global market for antibody drugs. For example, products such as glembatumumab vedotin by Seattle Genetics and trastuzumab by Synthon Biopharmaceuticals are due to be launched in the next five years. Additionally, some molecules are in Phase I/II, preclinical, and discovery stages. Another factor augmenting the demand for antibody drugs is the fewer side effects, which is attracting more physicians to prescribe it and consumers to opt for it. Additionally, the emergence of targeted and combination therapies will positively affect this market over the coming years. Targeted therapies have fewer adverse effects than conventional non-targeted therapies because they utilize the surface markers of infected cells, which are absent or are in lower amounts in normal cells.

Researchers are yet to find effective drugs to cure highly prevalent diseases such as cancer, nervous system ailments, and allergic diseases, but with advancements in antibody drug conjugates (ADC), possibilities are enormous. This progress is another driving factor for the market. However, high cost of these drugs and some of the side effects are expected to hinder the growth rate during the forecast period.

The global market for antibody drugs can be segmented on the basis of end users, application, and type of drugs, and geography. By end users, the market is segmented into hospitals, long-term care facilities, and research institutes. Currently, hospitals serve the maximum demand. By drug type, the market can be segmented into monoclonal antibodies, antibody-drug conjugates, and polyclonal antibodies. Presently, monoclonal antibodies account for the maximum market share, and is expected to expand at the most significant CAGR during the forecast period. By disease application, the market can be segmented into central nervous system (CNS) disorders, cancer and autoimmune disorders, and cardiovascular diseases. The cancer indication type segment accounted for the most prominent share in 2015.

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Global Antibody Drugs Market: Region-wise Outlook

Geographically, the market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and Rest of the World. Presently, North America accounts for the maximum market share due to factors such as robust healthcare infrastructure, necessity of addressing urgent unmet need in treatment of cancer and immunological diseases such as rheumatoid, greater affordability of the consumers, and high rate of adoptability of new technology. North America market is expected to retain its position on top of the market, however, Asia Pacific is projected for a fastest growth rate due to improving healthcare sector in the region and vast patient base.

Companies mentioned in the research report

Novartis AG, Amgen Inc., Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd., Johnson & Johnson Services, Inc., AbbVie Inc., and Eli Lilly and Co. are identified as some of the prominent names in the global market for antibody drugs. In 2015, F. Hoffmann-La Roche Ltd. was the global leader, dominating with a wide product portfolio, including monoclonal antibodies, bispecific antibodies, antibodies fusion proteins, and antibody drug conjugates. Flagship products of the company include Herceptin, Rituxan, Avastin, and Lucentis. The report also notes that several players are focused on co-marketing and co-development products, which will enhance their presence in the market. Additionally, collaborations and partnerships also enable these companies to increase visibility of their products.

Major regions analyzed under this research report are:

Europe
North America
Asia Pacific
Rest of the World

This report gives you access to decisive data such as:

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years

Key highlights of this report

Overview of key market forces propelling and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition dynamics to offer you a competitive edge
An analysis of strategies of major competitors
An array of graphics and SWOT analysis of major industry segments
Detailed analyses of industry trends
A well-defined technological growth map with an impact-analysis
Offers a clear understanding of the competitive landscape and key product segments

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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