Press release
Monoclonal Antibody Therapeutics Industry Growth Forecast To 2031 | Leading Companies - F. Hoffmann-La Roche, Novartis AG, Merck & Co. Inc., Pfizer Inc
The Global Monoclonal Antibody Therapeutics Market reached USD 190,698.3 million in 2022 and is projected to witness lucrative growth by reaching up to USD 531,314.6 million by 2031. The global monoclonal antibody therapeutics market is expected to exhibit a CAGR of 14.1% during the forecast period (2024-2031).Monoclonal Antibody Therapeutics Market Industry Outlook - Strategic Insights for 2025
Monoclonal Antibody Therapeutics Market is witnessing transformative growth in 2025, driven by evolving consumer demand, technology disruption, and sustainability trends. The newly released market research report by DataM Intelligence offers deep insights into segmentation, competitive landscape, and growth forecasts, helping marketers and decision-makers formulate high-impact strategies.
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Monoclonal antibody therapeutics are lab-made molecules that mimic natural antibodies to treat diseases like cancer, autoimmune disorders, and infectious diseases by targeting specific antigens.
Leading Market players in the Monoclonal Antibody Therapeutics Market
The prominent players in Monoclonal Antibody Therapeutics market research report are:
F. Hoffmann-La Roche, Novartis AG, Merck & Co. Inc., Pfizer Inc., Eli Lilly and Co. (Lilly), Sanofi, AstraZeneca, Bayer AG, Regeneron Pharmaceuticals Inc., and GSK Plc among others.
These companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry Development
In May 2023, the U.S. Food and Drug Administration (FDA) approved the Investigational New Drug (IND) application for ATG-031, a first-in-class anti-CD24 monoclonal antibody, enabling the initiation of its Phase I clinical trial. The drug is developed by Antengene Corporation Limited, a global, commercial-stage biopharmaceutical company committed to discovering, developing, and commercializing first-in-class therapies in oncology and hematology.
In April 2023, Prometheus Biosciences, Inc., a clinical-stage biotechnology company known for its precision medicine approach to treating immune-mediated diseases, announced a definitive agreement with Merck & Co., Inc. (known as MSD outside the U.S. and Canada). As per the agreement, Merck will acquire Prometheus for $3.3 billion, strengthening its portfolio in immunology and personalized therapies.
In February 2023, Pfizer announced that its investigational bispecific antibody, Elranatamab, which targets B-cell maturation antigen (BCMA) and CD3, received Priority Review status from the U.S. FDA. The Biologics License Application (BLA) submission supports its use in patients with relapsed or refractory multiple myeloma (RRMM).
Market Segments
By Product Type: Naked, Fusion Protein, Antibody fragment, Conjugate, Multi-specific
By Application: Cancer, Autoimmune Diseases, Infectious Diseases, Others
By Production Source: Human, Humanized, Chimeric, Others
By End User: Hospitals, Private Clinics, Research Institutes
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Research Methodology:
The global Monoclonal Antibody Therapeutics Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.
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Regions Covered:
The global Monoclonal Antibody Therapeutics Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Most Frequently Asked Questions in the Monoclonal Antibody Therapeutics Market Research Industry:
➠ Who leads the Monoclonal Antibody Therapeutics industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do Monoclonal Antibody Therapeutics market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting Monoclonal Antibody Therapeutics market growth?
➠ What are the dominant sales and distribution strategies in the Monoclonal Antibody Therapeutics industry?
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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