Press release
Cancer Monoclonal Antibodies Market Overview, Trends, Opportunities, Growth and Forecast by 2027
Cancer Monoclonal Antibodies Market
Cancer monoclonal antibodies are a type of antibody that is widely utilized in the treatment of cancer. They are laboratory-produced antibodies that are meant to specifically target and bind to cancer cells and aid in detecting cancer, delivering treatments, or helping the body recognize and destroy cancer cells. Additionally, they are generally well-tolerated and have fewer side effects than chemotherapy and radiation. As a result, they are employed alone or in combination with other therapies, including chemotherapy and radiation, to treat different types of cancer, including lymphoma, leukemia, and solid tumors. Some of the most commonly used monoclonal antibodies include chimeric, humanized, and murine antibodies that are employed to treat cancers in the liver, breast, brain, and blood.
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Competitive Landscape with Key Players:
• AbbVie Inc
• Amgen Inc
• Bristol-Myers Squibb Company
• Eli Lilly and Company
• Genmab A/S
• GlaxoSmithKline Plc
• Johnson & Johnson
• Merck & Co. Inc
• Novartis AG
• Pfizer Inc
• Roche Holding AG
• Seattle Genetics Inc
• Spectrum Pharmaceuticals Inc
Cancer Monoclonal Antibodies Market Demand:
The growing incidences of cancer among the masses majorly drive the global market. Along with this, the rising demand for targeted therapy that reduces the side effects of traditional chemotherapies is significantly supporting the market. In addition, the increasing application of cancer monoclonal antibodies in clinical trials is also driving the overall demand for cancer monoclonal antibodies. Since monoclonal antibodies are widely used for clinical trials and extensive research and development (R&D) activities are acting as another growth-inducing factor. Apart from this, several pharmaceutical companies and government institutions heavily investing in the development of novel monoclonal antibodies are providing a thrust to the market. Moreover, the launching of novel monoclonal antibodies targeting cancer-specific antigens and antibody-drug conjugates is creating a positive market outlook.
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Key Market Segmentation:
Breakup by Antibody Type:
• Murine Antibodies
• Chimeric Antibodies
• Humanized Antibodies
• Others
Breakup by Medication Type:
• Bevacizumab (Avastin)
• Rituximab (Rituxan)
• Trastuzumab (Herceptin)
• Cetuximab (Erbitux)
• Panitumumab (Vectibix)
• Others
Breakup by Application:
• Breast Cancer
• Blood Cancer
• Liver Cancer
• Brain Cancer
• Colorectal Cancer
• Others
Breakup by End-User:
• Hospitals and Clinics
• Pharmacies
• Research Laboratories
• Others
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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