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Latest Research Report of Global Antibodies Market 2019-2027:Top Key Plyers like Roche, Novartis, Amgen, PerkinElmer, Merck Millipore, BD, Johnson & Johnson, Biogen etc
Antibody (Ab) is also referred as immunoglobulin (Ig). Antibodies are produced by B cells .It is type of protein which is produced by plasma cells in response to specific antigen. When foreign particle is enters into the body the immune systems springs antibodies into action. These are used as therapeutic as well as diagnostic purposes for various disease conditions including cancers, autoimmune disorders, infectious and inflammatory diseases, and others.Rise in demand for ADCs (antibody-drug-conjugates) is expected to boost the antibody market growth. ADC consist monoclonal antibodies which are specifically used for treatment of cancer. Furthermore, increase in demand for antibodies is expected to propel the growth of antibodies market. Moreover, increase in research and development activities will have the positive impact on antibodies market growth. For instance, in January 2020, NIAID has launched new clinical trial for long acting HIV treatment.
Major Key Players like
Roche, Novartis, Amgen,PerkinElmer, Inc; Merck Millipore; Bio-Rad Laboratories; Abcam PLC; BD; Lonza Group; Cell Signalling Technology, Inc.; Agilent Technologies, Johnson & Johnson, Takeda Pharmaceutical Company Limited, Biogen Inc., AbbVie Inc., Sanofi SA, Eli Lilly
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The fundamental dynamics that are explored in the report hold substantial influence over the Antibodies market. The report further studies on the value, volume trends, and the pricing history of the market. In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.
Market Restraints
High cost of therapeutic antibodies is the major restraining factor of antibodies market. For instance, in United State (U.S) the monthly rheumatoid arthritis treatment cost is around US$ 5500. Also, antibodies may cause severe side effects such as serum, sickness, specific target related adverse effects, acute anaphylaxis, which is expected to hamper the antibodies market growth.
Key Developments
Establishments of strategic partnership by key players are expected to grow antibodies market growth in near future. For instance, in September 2018, Immunomedics Inc partnered with Samsung Biologics Co. Ltd for production of hRS7 in South Korea. Furthermore, increase in prevalence of neurodegerative diseases like Huntington's disease is expected to propel the growth of antibodies market. Rise in approval activities of human monoclonal antibodies is expected to boost the antibodies market growth. For instance, in 2018, six new monoclonal antibodies are approved in Unite State.
Market Segmentation
Antibodies market is segmented on the basis of product types such as Monoclonal antibodies, Polyclonal antibodies, ADCs (Antibody Drug Complexes), by disease indication such as CNS Disorders, Cardiovascular Diseases, Cancer, Neurodegerative Disorder, and Autoimmune disorder. The antibodies market is further segmented by end user such as Hospitals, Long Term care Facilities, Research and Development Institutes, and others.
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