Next Generation Antibody Therapeutics 2022 Global Significant Growth, Technological Advancement & Opportunities To 2031

According to a new market report published by Persistence Market Research "Global Market Study on Next-Generation Antibody Therapeutics: Biosimilar Antibody Products to Witness Highest Growth by 2022", the global next-generation antibody therapeutics market is project to be valued at US$ 2,250.0 Mn by the end of 2015 and is expected to expand at a CAGR of 13.0% from 2015 to 2022, to account for US$ 6,761.1 Mn by 2022.

Next-generation antibody therapeutics refers to improved antibody therapeutics with enhanced efficiency, greater safety, and improved delivery. Advancements in monoclonal antibody technologies have led to the development of next-generation therapeutic antibodies with reduced functional size, greater bifunctional properties, and low immunogenicity.

Planning Forward? Access Sample Of Next Generation Antibody Therapeutics Market Report! https://www.persistencemarketresearch.com/samples/3713

Some of the major players in the market:
F. Hoffmann-La Roche Ltd.
Kyowa Hakko Kirin Co., Ltd.
Seattle Genetics, Inc.
ImmunoGen, Inc.
Amgen, Inc.
Biogen.
Bayer AG.
Xencor, Inc.

How About Revitalizing The Strategy-Oriented Funnel To Stay Ahead In The Next Generation Antibody Therapeutics Market? https://www.persistencemarketresearch.com/methodology/3713

Next-generation antibody-based therapeutics enhances existing properties of therapeutic antibodies for the treatment of various medical conditions such as cancer, infectious diseases, and autoimmune diseases.

Globally, the next-generation antibody therapeutics market is witnessing significant growth due to technological advancements in antibody therapeutics and increasing the prevalence of chronic diseases. In addition, rising healthcare expenditure and growing R & D activities are driving the growth of the next-generation antibody therapeutics market.

However, stringent regulatory requirements and long approval time for new drug restrains the growth of the market. Similarly, high costs of next-generation antibody therapeutics is a major concern for the market.

Planning To Introduce An Offbeat Product/Technology In The Next Generation Antibody Therapeutics Market? Go To "Purchase Now" To Have Our Next Generation Antibody Therapeutics Market Report! https://www.persistencemarketresearch.com/checkout/3713

North America is the largest market for next-generation antibody therapeutics. This is mainly due to increasing prevalence of chronic diseases and increasing healthcare spending in the region. The North America next-generation antibody therapeutics market is projected to be valued at US$ 1,104.4 Mn by the end of 2015 and is expected to account for US$ 3,691.8 Mn by 2022 at a CAGR of 14.5%.

On the basis of technology, biosimilar antibody products are the fastest growing segment. On the basis of therapeutic application, oncology is the largest segment in next-generation antibody therapeutics market.

Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.