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2025-2034 Chimeric Antibody Market Evolution: Disruptions, Innovations, and Untapped Opportunities
"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Chimeric Antibody Market Through 2025?
In recent times, there has been a swift expansion in the chimeric antibody market size. We can expect an increase from $12.27 billion in 2024 to $13.74 billion in 2025, reflecting a compound annual growth rate (CAGR) of 12.0%. Factors contributing to the growth during the historic period include an escalating incidence of cancer, heightened demand for immunotherapy, substantial investment in biologics, greater use of monoclonal antibodies, and a growing occurrence of autoimmune diseases.
What's the Projected Size of the Global Chimeric Antibody Market by 2029?
The market size of chimeric antibodies is projected to witness substantial growth within the next few years, reaching a value of $21.31 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 11.6%. The expansion over the predicted period can be ascribed to the rising emphasis on targeted therapies, an increase in clinical trial activities, an upsurge in usage in diagnostic procedures, an expanding biopharmaceutical pipeline, and enhanced government expenditure on healthcare. Forecasted trends for this period entail the amalgamation of technologies and ecosystems, integration of genomic medicine and precision approaches, technological breakthroughs in production and engineering, the rise of biosimilars and next-generation antibodies, and inventive advancements in manufacturing platforms.
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Top Growth Drivers in the Chimeric Antibody Industry: What's Accelerating the Market?
Advancements in the chimeric antibody market are anticipated due to the escalating cases of cancer. The term ""cancer prevalence"" means the total count of both newly diagnosed and previously diagnosed cancer patients who are living with a history of cancer at a particular point in time. The rising count of cancer cases can be attributed to lifestyle-related risk factors such as improper diet, smoking habits, alcohol intake, and exposure to harmful environmental elements, which heighten the chances of developing differing types of cancer. Chimeric antibodies play a crucial role in cancer treatment methods by providing targeted therapies, which are efficient against specific cancerous cells. They minimize side effects by accurately striking the malignant cells, thereby enhancing the treatment outcomes and efficiency for patients. For example, a report by the Australian Institute of Health and Welfare, a governmental agency based in Australia, stated that in July 2024, the tally of diagnosed cancer cases in Australia reached 160,570 in 2022, achieving an upward trajectory of 3,789 cases from 156,781 in 2021. Therefore, the escalating instances of cancer are propelling advancements in the chimeric antibody market.
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Which Fast-Growing Trends Are Poised to Disrupt the Chimeric Antibody Market?
Big players in the chimeric antibody market are concentrating their efforts on developing advanced therapies like monoclonal antibodies, to better the outcomes of treatment, boost patient survival rate and tackle severe health conditions. Monoclonal antibodies are proteins that are bio-engineered in labs and they replicate the body's immune system's capacity to combat harmful pathogens such as viruses and inflammatory agents. For example, InflaRx N.V., a biopharmaceutical firm based in Germany, commercially rolled out Gohibic (vilobelimab) in June 2023. This chimeric monoclonal antibody targets C5a in the complement system, putting a stop to immune responses mediated by C5a, hence lowering excessive inflammation. It is used to treat COVID-19 in adults who are hospitalized, particularly when it is given within the first 48 hours of starting invasive mechanical ventilation (IMV) or extracorporeal membrane oxygenation (ECMO). This ground-breaking therapy marks a major progression in addressing hyperinflammation in serious infections, offering a fresh treatment choice for patients who are at high risk.
What Are the Main Segments in the Chimeric Antibody Market?
The chimeric antibody market covered in this report is segmented
1) By Type Of Antibody: Immunoglobulin G Chimeric Antibodies, Fragment Antigen-Binding Chimeric Antibodies, Single-Chain Variable Fragment Chimeric Antibodies
2) By Manufacturing Process: Recombinant Deoxyribonucleic Acid (DNA) Technology, Hybridoma Technology, Phage Display Technology, Transgenic Technology
3) By Mode Of Administration: Intravenous (IV) Administration, Subcutaneous Administration, Intramuscular Administration
4) By Application: Cancer Therapy, Autoimmune Diseases, Infectious Diseases, Transplant Rejection
5) By End User: Pharmaceutical Companies, Research Institutes, Clinics And Hospitals, Diagnostic Laboratories
Subsegments:
1) By Immunoglobulin G Chimeric Antibodies: Full Length Immunoglobulin G (IgG), Engineered Immunoglobulin G 1 (IgG1), Engineered Immunoglobulin G4 (IgG4), Humanized Immunoglobulin G (IgG)
2) By Fragment Antigen-Binding Chimeric Antibodies, By Type: Bivalent Fragment Antigen-Binding (Fab) Fragments, Monovalent Fragment Antigen-Binding (Fab) Fragments, Conjugated Fragment Antigen-Binding (Fab) Fragments, Pegylated Fragment Antigen-Binding (Fab) Fragments
3) By Single-Chain Variable Fragment Chimeric Antibodies: Standard Single-Chain Fragment Variable, Tandem Single-Chain Fragment Variable, Bispecific Single-Chain Fragment Variable, Multivalent Single-Chain Fragment Variable
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Which Top Companies are Driving Growth in the Chimeric Antibody Market?
Major companies operating in the chimeric antibody market are Pfizer Inc., Johnson & Johnson, F. Hoffmann-La Roche Ltd., AbbVie Inc., Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca PLC, Abbott Laboratories, Novartis AG, Amgen Inc., Merck KGaA, BioNTech SE, Regeneron Pharmaceuticals Inc., Biogen Inc., Lonza Group AG, Eurofins Scientific SE, Charles River Laboratories International Inc., GenScript Biotech Corporation, Biocytogen Pharmaceuticals Co. Ltd., Creative Biolabs Inc., FairJourney Biologics S.A.
Which Regions Will Dominate the Chimeric Antibody Market Through 2029?
North America was the largest region in the chimeric antibody market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chimeric antibody market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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