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According to the latest research report by IMARC Group, The global monoclonal antibodies market size reached US$ 207.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 307.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.9% during 2023-2028. <br><br>More Info:- https://www.imarcgroup.com/monoclonal-antibodies-market
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Global Monoclonal Antibodies Market Research and Forecast Report 2023- 2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Monoclonal Antibodies Market Research Report: The latest report by IMARC, titled “Monoclonal Antibodies Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " the global monoclonal antibodies market reached a value of US$ 207.4 Billion in 2022. Monoclonal antibodies (mAb) are produced by a single clone of cells or cell lines and consist of identical antibody molecules. These antibodies can have monovalent affinity, binding only to the same epitope. Due to their site-specificity, these serve as essential tools to detect or purify substances. They are being used on a clinical level to diagnose and treat several diseases. They are used as probes to identify materials in laboratories or home-testing kits. Due to their specificity to unique epitopes, monoclonal antibodies are widely used for diagnostic and therapeutic applications for several diseases. Several manufacturers are focusing on creating medications from many classifications to treat various disorders, including cancer and rare diseases. Monoclonal antibodies, in combination with chemotherapeutic drugs, are extensively being used to treat different malignancies. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/monoclonal-antibodies-
Report Description and Highlights Report Description Global Monoclonal Antibodies Market Trends: The global market is majorly driven by the increasing prevalence of chronic diseases, such as cancer and cardiovascular diseases. In line with this, the rising demand for biologics and the growing applications of monoclonal antibodies for targeted therapies are significantly contributing to the market. This is attributed to the escalating awareness about such treatments among patients and physicians. Furthermore, various key players are undertaking strategic initiatives to develop and market mAb products. Apart from this, the heavy investments by top pharmaceutical companies in genomics research and development activities are positively influencing the market. Moreover, the increasing requirement for effective and affordable therapies for cancer treatment is catalyzing the market. Besides, an extensive product pipeline with potential effective therapies catering to a diverse range of diseases is propelling the market expansion. Additionally, the augmenting focus on the discovery and development of novel monoclonal antibody therapeutics to offer treatment for complex and severe diseases is bolstering the monoclonal antibodies market. On account of the factors above, the market is anticipated to reach a value of US$ 307.8 Billion by 2028, exhibiting a CAGR of 6.9% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Report Description and Highlights Report Description Market Summary: Breakup by Production Method: • In Vivo • In Vitro Breakup by Source: • Murine • Chimeric • Humanized • Human Breakup by Indication: • Cancer • Autoimmune Diseases • Inflammatory Diseases • Infectious Diseases • Others
Report Description and Highlights Report Description Breakup by End Use: • Hospitals • Research Institutes • Others Breakup by Region: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France
Report Description and Highlights Report Description • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa
Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • AbbVie Inc Amgen Inc. Biogen Inc. F. Hoffmann-La Roche AG GSK plc Johnson & Johnson Merck KGaA Novartis AG Novo Nordisk A/S Pfizer Inc. Sanofi S.A. Thermo Fisher Scientific Inc. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/monoclonal-antibodies- market
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