Cancer Monoclonal Antibodies Market Trends, Overview, Industry Growth And Forecast To 2031
According to The Business Research Company's cancer monoclonal antibodies market report, the global cancer monoclonal antibodies market reached a value of nearly $53,785.1 million in 2020, having increased at a compound annual growth rate (CAGR) of 20.47% since 2015. The global cancer monoclonal antibodies market size is expected to grow from $53,785.1 million in 2020 to $86,056.7 million in 2025 at a rate of 9.9%. The global cancer monoclonal antibodies market size is then expected to grow at a CAGR of 7.3% from 2025 and reach $122,283.7 million in 2030.
The rising prevalence of cancer cases across the globe is likely to contribute to the growth of the cancer monoclonal antibody market during the forecast period. According to the Union for International Cancer Control (UICC)'s GLOBOCAN 2020: New Global Cancer Data published in December 2020, the global cancer burden has risen to 19.3 million cases and 10 million cancer deaths in 2020. According to the American Cancer Society, there were 1.7 million new cases and 0.6 million cancer deaths in 2019 in the USA.
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The cancer monoclonal antibodies market is segmented -
• By Monoclonal Antibody Therapies: Avastin, Herceptin, Keytruda, Opdivo, Darzalex, Perjeta
• By Application: Breast Cancer, Blood Cancer, Lung Cancer, Brain Tumor, Colorectal Cancer, Cervical Cancer, Gastric Cancer
• By End-User: Hospitals, Research Laboratories
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the cancer monoclonal antibodies market.
Major competitors in the cancer monoclonal antibodies market include F. Hoffmann-La Roche Ltd, Merck & Co., Inc, Bristol Myers Squibb Company, Johnson & Johnson, Amgen Inc.
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The cancer monoclonal antibodies market consists of sales of cancer monoclonal antibodies and related services by entities (organizations, sole traders and partnerships) that produce cancer monoclonal antibodies that prevent or inhibit the proliferation, maturation or survival of cancer cells. Cancer monoclonal antibodies recognize and bind to proteins in a highly selective manner. By binding specifically to proteins expressed by cancer cells they can selectively target these transformed cells and destroy them by activating the immune response or delivering cytotoxins.
The Table Of Content For The Cancer Monoclonal Antibodies Market Include:
1. Cancer Monoclonal Antibodies Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
22. Cancer Monoclonal Antibodies Market Opportunities And Strategies
23. Cancer Monoclonal Antibodies Market, Conclusions and Recommendations
The Business Research Company's "Global Cancer Monoclonal Antibodies Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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