According to FutureWise analysis the market for antibodies in 2023 was US$ 0.83 billion, and is expected to reach US$ 2.32 billion by 2031 at a CAGR of 13.6%.
Antibodies, also referred to as immunoglobulins, are specialized proteins that are synthesized by plasma cells within the immune system in response to specific antigens. These antigens can be pathogens, such as viruses and bacteria, or other foreign substances that the body recognizes as threats. Antibodies play a crucial role in the immune response by binding to these antigens, marking them for destruction by other immune cells, or neutralizing their harmful effects.
The therapeutic and diagnostic applications of antibodies are vast and continuously expanding. They are employed in the treatment and management of various diseases, including autoimmune disorders such as rheumatoid arthritis, hematological malignancies like non-Hodgkin lymphoma, and inflammatory conditions such as psoriasis and Crohn’s disease. Antibodies are also utilized in the treatment of age-related diseases like macular degeneration, conditions associated with cardiovascular risk, such as hypercholesterolemia, and respiratory issues like asthma.
Recent projections indicate that the antibodies market will experience consistent growth, driven by innovative product launches and advancements in biotechnology. Furthermore, the harmonization of product development, approval, and registration guidelines in key markets, notably the United States and the European Union, is expected to enhance the speed and efficiency of research and development for antibody-related products. This regulatory alignment facilitates a more streamlined pathway for bringing new antibody therapies to market, thereby improving patient outcomes and expanding the range of treatable conditions.
FutureWise Market Research has published a report that provides an insightful analysis of Antibodies Market trends that are affecting the overall market growth.
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Antibodies Market Segmentation:
By Product Type
- Monoclonal antibodies
- Polyclonal antibodies
- Antibody-drug complexes (ADCs)
By Disease Indication
- CNS Disorders
- Cardiovascular Diseases
- Cancer
- Autoimmune Disorders
By End User
- Hospitals
- Long-term Care Facilities
- Research institutes
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Competitive Landscape in Antibodies Market:
- Novartis AG.
- F. Hoffmann-La Roche Ltd.
- Johnson and Johnson Services, Inc.
- Takeda Pharmaceutical Company Limited
- Amgen Inc.
- Bristol-Myers Squibb Company
- AbbVie Inc.
- Sanofi S.A.
- Eli Lilly and Co.
- Iovance Biotherapeutics, Inc.
- Ultragenyx Pharmaceutical Inc.
- Kyowa Kirin Co., Ltd.
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**Objectives of this Study: **
- To provide a comprehensive analysis of the Antibodies Market By Product Type, By Disease Indication, By End User and By Region.
- To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
- To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
- To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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