openPR Logo
Press release

Antibodies Market to Surpass US$ 341 Bn in Revenues

03-12-2018 08:00 AM CET | Health & Medicine

Press release from: Future Market Insights

/ PR Agency: Future Market Insights

High rate of product approvals, combined with rising adoption of therapeutic antibodies in developing economies is positively influencing the growth of the global antibodies market, with total revenues expected to surpass US$ 105 Bn in 2016. Approval of monoclonal antibody products, including therapeutic antibodies, drug conjugates, and antibody fragments in key markets of the U.S., Europe, and Japan have bolstered the growth of the global antibodies market. Availability of inexpensive biosimilar antibody therapeutics is also bolstering the growth of the antibody market.

While the short- and long-term outlook on the global antibodies market remains positive, side effects associated with antibody treatment and failure of investigational drugs in late stages of development can pose challenges to widespread adoption. Administration of antibodies has been linked to serum sickness and acute anaphylaxis, posing challenges to widespread adoption.

By drug type, monoclonal antibodies will continue to dominate demand, accounting for nearly 95% share of the market in 2016. Of the US$ 105 Bn worth of antibodies therapeutics expected to be sold in 2016, monoclonal antibodies will account for US$ 99.81 Bn. Polyclonal antibodies and antibody-drug complexes will represent minority share of the global market.

Hospitals will remain the largest end-users in the global antibodies market, accounting for over 85% revenue share in 2016. Demand for antibodies from hospitals end-use segment will witness a year-over-year growth rate of over 12% and surpass US$ 90 Bn in revenues.

Request to Sample Report -

By disease indication, the key segments of the global antibodies market include CNS disorders, cardiovascular diseases, cancer, and autoimmune disorders. Cancer remains the most prominent indication segment, accounting for nearly 54% revenue share in 2016. Cardiovascular diseases is the smallest segment in the global antibodies market in terms of revenues, and will witness the lowest growth rates among all the indication segments.

North America will continue to remain the largest market in the global antibodies market, accounting for nearly 44% revenue share of the market in 2016. In the U.S. therapeutic antibody products are subject to submission of biologics licence application (BLA), whereas in Canada, Biologics and Genetic Therapies Directorate (BGTD) governs the approval of biological products. The U.S. accounts for the majority revenue share of the North America antibodies market, and will witness a higher growth rate than Canada.

In addition to North America, Western Europe and APEJ will continue to remain the other top markets for antibodies. While the U.K., Germany, and France will remain the top 3 markets in Western Europe, demand for antibodies in APEJ will remain largely concentrated in China, India, and ASEAN.

F. Hoffmann-La Roche AG, AbbVie Inc., and Johnson & Johnson will maintain their position as the top 3 players in the global antibodies market. These 3 players collectively account for nearly 57% revenue share of the global antibodies market. Herceptin, Avastin (Roche), Humira (AbbVie), and Remicade (J&J) are the blockbuster drugs in the global antibodies market. Other key players in the market are Amgen Inc., Bristol-Myers Squibb Company, Biogen Inc., Merck & Co, and Novartis. Gaining product approvals from EU and FDA and strengthening collaborations with distribution partners remains a key strategy for leading players in the global antibodies market.

Request Report TOC @

Long-term Outlook: The global antibodies market is expected to increase at a CAGR of 12.5% during the forecast period 2016-2026 and surpass US$ 341 Bn in revenues.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Antibodies Market to Surpass US$ 341 Bn in Revenues here

News-ID: 973800 • Views: 249

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases

More Releases for Europe

Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications
Europe Wooden Doors Market
Europe Wooden Doors Market This report studies the Wooden Doorsmarket status and outlook of Europe and major countries, from angles of players, countries, product types and end industries; this report analyzes the top players in Europe and major countries, and splits the Wooden Doors market by product type and applications/end industries. The global Wooden Doors market is valued at XX million USD in 2018 and is expected to reach XX million
Europe Radiotherapy Market
The Europe Radiotherapy Market research report consists of a primary and secondary research along with an in-depth analysis of the quantitative and qualitative aspects by the expert industry analysts and professionals, leading management bodies, to gain a profound insight of the industry as well as the industry performance. The Europe Radiotherapy Market report presents a lucid picture of the current industry landscape, including the historical and projected market size, based
Europe Business Assembly
The Europe Business Assembly (EBA) is an international corporation for the evolution and implementation of economic and social development. The company was established in April 2000 and its history shows a plethora of promising initiatives, creative growth and professional victories. EBA’s activity demonstrates the capabilities and power of professional partnership. The year 2000 saw the beginning and the foundation of EBA with the signing of the memorandum of cooperation and
Smartsourcing in Eastern Europe
In 2008 the outsourcing business of Eastern Europe was estimated at nearly $2 billion, representing just a tiny fraction of the global IT outsourcing market, estimated at about $386 billion. According to the Gartner Dataquest predictions, in the next four years Eastern Europe is expected to outstrip the rest of the offshore market concentrated mainly in the “classical” locations like India. By 2010 Eastern Europe’s IT outsourcing market share is
Home Control conquers Europe
European Home Control Summit attracts participation from leading International companies and organizations 29. February 2008 - Copenhagen/Frankfurt - The first European Wireless Home Control Summit on 9 April 2008, taking place parallel to Light + Building, features leading companies such as Merten, Horstmann, Danfoss, and market researcher Parks Associates as well as publicly funded organizations like the Danish Energy Saving Trust (DEST) presenting the newest trends, products and market strategies pertaining