Press release
Emerging Breast Cancer Monoclonal Antibodies Market Trend 2025-2034: Popularity Of Alternative And Natural Cancer Treatments
Breast Cancer Monoclonal Antibodies Market Size
The market for breast cancer monoclonal antibodies has witnessed significant growth in the past few years. The market value is anticipated to expand from $18.97 billion in 2024 to $20.18 billion in 2025, marking a compound annual growth rate (CAGR) of 6.4%. This positive trend during the historic interval can be ascribed to factors such as the escalating incidence of breast cancer, enhanced understanding of breast cancer monoclonal antibodies, improved clinical effectiveness, and increased demand from patients.
The market for breast cancer monoclonal antibodies is projected to witness robust expansion in the forthcoming years. The market value is predicted to reach $27.8 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.3%. The surge in growth during this forecast period is linked to developments in emerging targets, biosimilars, combination therapies, the global prevalence and an aging population, and personalised medicine. The forecast period is marked by considerable trends such as progress in early detection of breast cancer, integration of immunotherapy, liquid biopsies, companion diagnostics, adjuvant and neoadjuvant therapies, as well as long-term survivorship support.
What Are the Key Drivers Behind the Growth of the Breast Cancer Monoclonal Antibodies Market?
The surge in breast cancer cases is anticipated to propel the growth of the breast cancer monoclonal antibody market. For example, the American Cancer Society, a nonprofit cancer advocacy organization located in the US, revealed in January 2023 that the number of breast cancer cases climbed from 284,200 in 2021 to 300,590 in 2023, indicating a 5.76% rise. Therefore, the escalating global prevalence of breast cancer is likely to stimulate the expansion of the breast cancer monoclonal antibody market.
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Who Are the Major Industry Players Fueling Breast Cancer Monoclonal Antibodies Market Expansion?
Major companies operating in the breast cancer monoclonal antibodies market include Amgen Inc., Mylan N.V., Merck & Co. Inc., Novartis AG, GlaxoSmithKline plc., Daiichi Sankyo Company Ltd., Biocad, Boehringer Ingelheim International GmbH, Bristol-Myers Squibb Company, Celldex Therapeutics Inc., Celltrion Inc., F. Hoffmann-La Roche AG, Immunomedics Inc., MacroGenics Inc., Pfizer Inc., Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., Puma Biotechnology Inc., Seattle Genetics Inc., AstraZeneca plc, Eddingpharm, Eisai Co. Ltd., ImmunoGen Inc., Eli Lilly and Company, AbbVie Inc., Johnson & Johnson, Mersana Therapeutics Inc., Immunocore Limited, Immunovative Therapies Ltd.
Which Key Developments Are Influencing the Breast Cancer Monoclonal Antibodies Market?
There is an emerging global trend towards alternative treatments and natural remedies which is anticipated to influence the earnings of firms manufacturing monoclonal antibodies for breast cancer. Techniques stemming from homeopathy, Ayurveda, yoga, acupuncture, and sujok therapy are becoming sought after replacements for some conventional hospital measures. For example, ayurvedic medicine, a traditional Indian medical approach, uses a variety of methods and cancer treatments. Numerous herbs employed in Ayurveda possess anti-cancer qualities. The World Health Organization (WHO) reports that certain countries still rely primarily on plant-based treatments, and emerging economies are harnessing the therapeutic potential of natural compounds, consequently impacting pharmaceutical oncology sales. In addition, it is estimated that by 2027, the worldwide market for homeopathic products will amount to $18.6 billion. The National Cancer Institute has highlighted the promising results of vaccines in combating HER2-positive cancers such as breast, ovarian, lung, colorectal and gastroesophageal cancers, using patients' genetically-modified immune cells to create personalized vaccines. As these trends continue into the forecast period, a dampening effect on the demand for breast cancer monoclonal antibodies is expected.
How Is the Segmentation of the Breast Cancer Monoclonal Antibodies Market Defined?
The breast cancer monoclonal antibodies market covered in this report is segmented -
1) By Product: Naked Mabs, Conjugated Mabs
2) By Treatment: Chemotherapy, Surgery & Radiation Therapy, Targeted Therapy, Biologic Therapy, Hormone Therapy
3) By End-User: Hospitals, Retail Pharmacies
Subsegments:
1) By Naked MABs: Trastuzumab (Herceptin), Rituximab, Cetuximab, Other Naked MABs
2) By Conjugated MABs: Ado-trastuzumab emtansine (Kadcyla), Brentuximab vedotin, Other Conjugated MABs
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What Is the Leading Region in the Breast Cancer Monoclonal Antibodies Market?
The countries covered in the breast cancer monoclonal antibodies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
What Is Covered In The Breast Cancer Monoclonal Antibodies Global Market Report?
- Market Size Analysis: Analyze the Breast Cancer Monoclonal Antibodies Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Breast Cancer Monoclonal Antibodies Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Breast Cancer Monoclonal Antibodies Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Breast Cancer Monoclonal Antibodies Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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