Monoclonal Antibodies (MAbs) Global Market To Grow At Rate Of 12% Through 2026
The Business Research Company’s Monoclonal Antibodies (MAbS) Global Market Report 2022 – Market Size, Trends, And Forecast 2022-2026
LONDON, GREATER LONDON, UK, April 6, 2022 /EINPresswire.com/ -- According to ‘Monoclonal Antibodies (MAbs) Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the monoclonal antibodies market size s expected to grow from $168.70 billion in 2021 to $188.18 billion in 2022 at a compound annual growth rate (CAGR) of 11.5%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. As per TBRC’s monoclonal antibodies market outlook the market is expected to reach $292.22 billion in 2026 at a CAGR of 11.6%. The Increasing prevalence of cost-efficient biosimilar monoclonal antibodies are driving the monoclonal antibodies (MAbs) market growth.
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The monoclonal antibodies (MAbs) market consists of sales of monoclonal antibodies and related services. Monoclonal antibodies are used to enhance and suppress the immune response in various medical conditions and to treat various diseases such as cancer, cardiovascular and cerebrovascular diseases. This industry includes establishments that produce anti-cancer monoclonal antibodies to prevent metastasis by reducing cell proliferation, immunological monoclonal anti-bodies, neuropharmacological monoclonal anti-bodies, anti-infective monoclonal antibodies, and other MAbs for human beings and animals.
Global Monoclonal Antibodies (MAbs) Market Trends
Alternative treatment methods and natural remedies are increasingly becoming popular globally and this is expected to have a negative impact on the revenues of the monoclonal antibody drugs market. Treatments in the fields of homeopathy, Ayurveda, yoga, acupuncture, sujok therapy are gaining popularity and slowly replacing some traditional hospital practices.
Global Monoclonal Antibodies (MAbs) Market Segments
The global monoclonal antibodies market is segmented:
By Source: Murine, Chimeric, Humanized, Human
By Application: Anti-Cancer, Immunological, Anti-Infective Monoclonal Antibodies, Neuropharmacological, Cardiovascular and Cerebrovascular, Others
By End-User: Hospitals, Private Clinics, Research Institutes
By Geography: The global MAbs market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read more on the global monoclonal antibodies (MAbs) market report at:
https://www.thebusinessresearchcompany.com/report/monoclonal-antibodies-global-market-report
Monoclonal Antibodies (MAbs) Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides monoclonal antibodies (MAbs) market overviews, monoclonal antibodies (MAbs) market analysis and forecasts market size and growth for the global monoclonal antibodies (MAbs) market, monoclonal antibodies (MAbs) market share, monoclonal antibodies (MAbs) market segments and geographies, monoclonal antibodies (MAbs) market players, monoclonal antibodies (MAbs) market leading competitor revenues, profiles and market shares. The monoclonal antibodies (MAbs) market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Monoclonal Antibodies (MAbs) Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Johnson & Johnson, Merck, AbbVie, Amgen, GlaxoSmithKline plc., Norvatis AG, Pfizer Inc, Thermofischer Scientific, Elililly and Company and Bristol-Myers Squibb.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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