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Cancer Monoclonal Antibodies Market 2023: Size, Growth opportunities, Trends, Industry Analysis And Drivers Forecast To 2032
Cancer Monoclonal Antibodies Global Market
The Business Research Company's Cancer Monoclonal Antibodies Global Market Report 2023 identifies rise in the number of cancer cases across the globe as the major driver for the Cancer Monoclonal Antibodies market's growth in the forecast period.
The global cancer monoclonal antibodies market grew from $56 billion in 2022 to $62.46 billion in 2023 at a compound annual growth rate (CAGR) of 11.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cancer monoclonal antibodies market is expected to grow from $98.11 billion in 2027 at a CAGR of 12.0%.
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Major competitors in the Cancer Monoclonal Antibodies market are Amgen, Bristol Myers Squibb Company, Eli Lilly and Company, F. Hoffmann-La Roche Ltd., Genmab AS, GlaxoSmithKline
A key trend in the Cancer Monoclonal Antibodies market includes increasing their product innovation through strategic collaborations. o sustain themselves in the increasingly competitive market, companies are developing innovative products as well as sharing skills and expertise with other companies. While companies have long collaborated with academic and research institutions in this market by way of partnerships and in- or out-licensing deals, this trend has been increasing over the past few years. For instance, in September 2020, AbbVie and I-Mab entered into a strategic partnership for the development and commercialization of lemzoparlimab (also known as TJC4), which is a monoclonal antibody drug used to treat multiple cancers.
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The Cancer Monoclonal Antibodies market is segmented -
1) By Monoclonal Antibody Therapies: Bevacizumab (Avastin), Rituximab (Rituxan), Trastuzumab (Herceptin), Cetuximab (Erbitux), Panitumumab (Vectibix), Other Monoclonal Antibody Therapies
2) By Application: Breast Cancer, Blood Cancer, Liver Cancer, Brain Cancer, Colorectal Cancer, Other Applications
3) By End User: Hospitals And Clinics, Research Laboratories, Pharmacies, Other End Users
• 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.
The Business Research Company's "Global Cancer Monoclonal Antibodies Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Cancer Monoclonal Antibodies Market Include:
1. Executive Summary
2. Cancer Monoclonal Antibodies Market Characteristics
3. Cancer Monoclonal Antibodies Market Trends And Strategies
4. Cancer Monoclonal Antibodies Market - Macro Economic Scenario
5. Cancer Monoclonal Antibodies Market Size And Growth
……
28. Cancer Monoclonal Antibodies Pipeline Analysis
29. Key Mergers And Acquisitions In The Cancer Monoclonal Antibodies Market
30. Cancer Monoclonal Antibodies Market Future Outlook and Potential Analysis
31. Appendix
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