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Global Combination Antibody Therapy Market Grows Owning To Innovations In Technology 2016 – 2022

11-10-2016 02:39 PM CET | Health & Medicine

Press release from: Persistence Market Research Pvt. Ltd

Global Combination Antibody Therapy Market Grows Owning

Combination antibody therapy has gained significant recognition in past two decades. It is now a preferred drug treatment for cancers such as lymphomas and solid tumors. Antibodies for modulating immune system has also achieved a significant success clinically. Combination antibody therapy are crucial strategies for treating patients suffering from hematological malignancies and solid tumors. This therapy for tumors is based on the fundamentals of cancer cell’s antigen expression. Combination antibody therapy can function through mediating changes in antigen or receptor functions or modulating the immune system or administering a drug that becomes temporarily united with the antibody, for targeting a specific antigen. According to the journal of oncology (JCO) it has been concluded that a combination of epratuzumab with rituximab was tolerable and had substantial effect in Non-Hodgkin's Lymphoma (NHL). Nonetheless, auto immune disease such as rheumatoid arthritis can be treated by combination of alpha monoclonal antibody with low dose weekly of methotrexate. Additive effect of Rituxan anti-CD20 chimeric antibody with low dose chemotherapy can be effective in B-Cell Lymphoma.

The particular nature of the combination antibody therapy has led to more targeted and specific treatment of the cancer and tumor. Hence, become an attractive treatment in recent years due to its non-chemotherapy nature, which in turn gives a safe and secure process of killing the cancer and tumor cells. Growth for combination antibody treatment market is anticipated to gain traction in near future due to the above mentioned factors. Owing to the ability of combination antibodies to specifically target tumor cells and cancer cells has been crucial for the advancement of monoclonal antibodies combination therapy so far due to that it is expected that the CAGR for combination antibody therapy market is tend to expand in near future. Combination antibody therapy market is anticipated to grow on the backdrop of increased effort for developing dual targeting of tumor antigens such as bi-specific ADC’s and novel strategies such as masked antibodies.

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Requirement of safe and chemotherapy-free cancer treatments have led towards rise in demand for combination antibody therapy. Major part of the demand is expected to be under chronic lymphocytic leukemia. However, over the year significant number of antibodies and immune system modulators have been introduced in various other cancer treatments, which has shown positive effects of disease disposal. The more convenient way for drug administration has empowered the growth of these type of cancer treatments, which further offers more patient compliance. Furthermore, the rise in prevalence of cancer around the globe has been a positive sign for combination antibody therapy market that in turn is expected to underpin the growth in use of combination therapy.

Global market for Combination antibody therapy is segmented on the basis of disease, basis of drugs, route of administration and end user:

Segmentation by Disease

Cancer

Tumor

Auto-immune disorder

Segmentation by Drugs

Nivolumab and Ipilimumab

Trastuzumab and Pertuzumab

Rituximab and Apolizumab

Ofatumumab, and Obinutuzumab

Ipilimumab and Bevacizumab

Others

Segmentation by Route of administration

Oral

Parenteral

Segmentation by End User

Hospitals
Ambulatory Surgical Centers

Cancer institutions

Clinical research institutes

Primary revenue drivers for combination antibody therapy are an increase in number of patients seeking safe and chemotherapy free treatment. High rate of cancer in human population globally, is estimated to affect significantly in combination antibody therapy market worldwide. Other revenue drivers include life style changes and rise in adulterated food consumption by individuals. Furthermore, the combination antibody therapy market is expected to grow on the backdrop of rise in cases of skin tumors, which includes basal cell and squamous cell carcinomas and make up 12% of all skin tumors.

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On the basis of region presence, Combination antibody therapy market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Currently, North America dominates the global market for Combination antibody therapy due to high adoption and diagnosis rate, followed by Europe. Rising number of cancer patients is expected to fuel the Combination antibody therapy market. Combination antibody therapy market in Asia Pacific and Middle East and Africa is expected to register high growth due to developing healthcare infrastructure and high prevalence of tumor and cancer.

About Us
Persistence Market Research (PMR) is a U.S.-based full-service market in-telligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexi-ble without compromising on its deep-seated research values.

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