Monoclonal Antibody Therapeutics Market to Surpass US$ 174.2 Bn by 2026

Monoclonal antibodies are a type of immunotherapy, which are made in a laboratory and are several copies of a single antibody. Several monoclonal antibodies to treat inflammatory, cancer, and other diseases have been approved by the U.S. Food & Drug Administration (FDA). Depending on the source, there are four types of monoclonal antibodies: Murine, Chimeric, Humanized, and Human. Murine antibodies are entirely derived from a murine source, chimeric antibodies contain variable regions from murine origin and constant regions from human origin.

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Frequent approvals of novel monoclonal antibodies and their launches in developed economies are expected to significantly drive monoclonal antibody therapeutics market growth over the forecast period. Key players in the market have gained regulatory approvals and have launched their therapies in the market. For instance, in 2015, the U.S. FDA approved Darzalex, developed by Johnson & Johnson for multiple myeloma. Similarly, in 2017, Roche was granted accelerated approval to TECENTRIQ (atezolizumab) from the U.S FDA for the treatment of people with locally advanced or metastatic urothelial carcinoma (mUC) who are not eligible for cisplatin chemotherapy.

Moreover, approvals to several combination therapies are further expected to boost the global monoclonal antibody therapeutics market growth over the forecast period. For instance, in 2017, the U.S. FDA approved Darzalex (daratumumab) in combination with pomalidomide and dexamethasone for the treatment of patients suffering from multiple myeloma. Moreover, different monoclonal antibodies with unique mechanism of actions have been approved over the past few years, which work on immune checkpoints such as CTLA-4, PD-1, and PD-L1.

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The global monoclonal antibody therapeutics market is expected to exhibit a CAGR of 9% over the forecast period. This is owing to increasing research and development activities by key players in monoclonal antibodies drug category and product launches

Manufacturers are focused on expansion of indications for monoclonal antibodies (cancer treatment) as well as getting approvals for combination therapies out of existing monoclonal antibodies

Newer classes such as chemo labeled antibodies, bispecific antibodies, and others are expected to further advance the monoclonal antibodies drug category
North America is expected to dominate in global monoclonal antibody therapeutics market over the forecast period, owing to product launches and active research and development

Major players operating in the global monoclonal antibody therapeutics market include, Pfizer, Inc., Novartis International AG, Amgen, Inc., Sanofi S.A., Merck & Co., Inc., GlaxoSmithKline Plc., F. Hoffmann-La Roche Ltd., AbbVie, Inc., Eily, Lilly, and Company, and Bristol-Myers Squibb Company.

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Detailed Segmentation:

Global Monoclonal Antibody Therapeutics Market, By Source:
Human
Humanized
Chimeric
Others
Global Monoclonal Antibody Therapeutics Market, By Therapeutic Application:
Oncology
Autoimmune Diseases
Infectious Diseases
Hematological Disorders
Others
Global Monoclonal Antibody Therapeutics Market, By Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Specialty Pharmacies

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