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"Antibody drugs are advanced medicines designed to target specific disease-causing agents, cancer cells. The technology behind these drugs is rapidly advancing, and their market is expanding globally as more countries and companies invest in developing and using them to treat various illnesses. " BOSTON , Nov.
7, 2024 /PRNewswire/ -- "According to the latest study from BCC Research, Antibody Drugs: Technologies and Global Markets is expected to grow from $242.6 billion in 2024 to $412.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.
2% during the forecast period of 2024 to 2029." This study provides a comprehensive look at the different types of antibody drugs, including human, humanized, chimeric, and murine for the treatment of various diseases. The report includes market projections, regulatory information, and updates on new products and technologies.
It also profiles the leading makers of antibody drugs, such as AbbVie and Amgen. The report focuses on how monoclonal antibodies (mAbs) are increasingly used for treating chronic diseases and covers four main application areas: autoimmune diseases, solid tumors, lymphoma and leukemia, and other conditions like asthma and osteoporosis. (Note: Polyclonal antibodies, diagnostic uses, research applications, or COVID-19 related products are outside of the report's scope.
) Interesting and surprising facts: By the end of the forecast period, monoclonal antibody (mAb) therapies could be used to treat many more conditions beyond just cancer and autoimmune diseases. New types of antibody drugs, such as antibody-drug conjugates, antibody fragments, and multi-specific antibodies, will boost market growth. The industry is starting to use AI to help design and develop new antibody drugs.
To further explore the market's dynamics and growth opportunities, click here. Factors contributing to the market's growth include: Request a Sample Copy of Antibody Drugs: Technologies and Global Markets Report Synopsis Leading companies in the market include: ABBVIE INC. AMGEN INC.
ASTRAZENECA BRISTOL -MYERS SQUIBB CO. ELI LILLY AND CO. F.
HOFFMANN-LA ROCHE LTD. JOHNSON & JOHNSON SERVICES INC. MERCK KGAA NOVARTIS AG PFIZER INC.
REGENERON PHARMACEUTICALS INC. SANOFI Other related reports include: Antibody-Drug Conjugates: Technologies and Global Markets : Antibody-Drug Conjugates (ADCs) are a new way to fight disease, where a targeted antibody is attached to a powerful medicine, allowing for a precise attack on cancer cells or other diseased cells, while sparing healthy cells, offering a promising approach to treating complex diseases with fewer side effects. Global Recombinant Proteins Market : This report covers the worldwide industry that produces and sells proteins created through genetic engineering, which are used to develop life-saving medicines, treatments, and diagnostics for various diseases.
Directly purchase a copy of the report with BCC Research. For further information on any of these reports or to purchase one, please get in touch with [email protected] . About BCC Research BCC Research market research reports provide objective, unbiased measurement and assessment of market opportunities.
Our experienced industry analysts' goal is to help you make informed business decisions, free of noise and hype. Contact Us Corporate HQ: 50 Milk St. Ste 16, Boston, MA 02109, USA Email: [email protected] , Phone: +1 781-489-7301 For media inquiries, email [email protected] or visit our media page for access to our market research library.
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