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Latin America Cancer Monoclonal Antibodies Market is expected to reach USD 5.1 billion by 2020
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Cancer is a severe diseases causing millions of death worldwide every year. Cancer starts from a single cell and genetically transforms a normal cell in to tumour cell and is gradually spread to other cells. With the dramatic increase in the number of people affected by cancer, many pharmaceutical players started to invest on monoclonal antibodies. While the drugs are used for the treatment of cancer, drugs like chemotherapy agents have adverse side effects as they affect the normal cells as well along with cancerous cells. This prompted the increased usage of Monoclonal Antibodies for the treatment of cancer.
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Recent years have seen the emergence of monoclonal antibodies market, offering less toxic and highly efficient therapeutics alternatives. The antibody agents are used to cure a wide array of diseases, especially cancer, autoimmune and inflammatory diseases. They are mono-specific antibodies having identical immune cells that are clone to the single parent cells and are directed to a specific target cell. This customizable feature of the antibodies due to its specific nature can play a critical role in eliminating the cancer cell while sparing the healthy cells. Monoclonal antibodies are more effective in treating cancer than their counter parts like drugs or chemotherapy owing to their adverse side effects.
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The segmentation of the Latin America on the basis of application is categorised as Leukaemia, Colorectal, Liver, Brain, Breast, Blood, Hodgkins & Non-Hodgkins lymphoma and others. The segmentation based on type is divided as murine antibodies, fully humanised antibodies and chimeric & humanised antibodies. By Conjugated Cancer Therapies it is segmented as Radioimmunotherapy, Immunoliposome, ADEPT, Immunocytokines and others. Based on the geography of Latin America it is analysed in Brazil, Argentina, Mexico and others.
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The key players of the market are Amgen, Eli Lilly, Bristol Myers Squibb, Roche, Immunogen, Genmab, Novartis, Glaxosmithkline, Spectrum Pharaceuticals and Seattle Genetics
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