Cancer Monoclonal Antibodies Market Size, Industry Trends, Share and Forecast 2020-2026
The global cancer monoclonal antibodies market is estimated to grow at a CAGR of 9.8% during the forecast period. Significant research on monoclonal antibodies have been witnessed, which is providing a scope for the market growth. The availability of funding and the increasing focus of researchers and biopharmaceutical firms towards the development of monoclonal antibodies are some major factors driving the research on monoclonal antibodies. For instance, as per the Well-come Trust, over 570 monoclonal antibodies are currently in clinical testing. In 2019, 7 of the 10 best-selling novel drugs were monoclonal antibodies for the treatment of cancer and inflammatory diseases.
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Additionally, the companies are collaborating for the development of
novel monoclonal antibodies therapeutics for cancer. For instance, in April
2018, Boehringer Ingelheim and OSE Immunotherapeutics declared a partnership
agreement for joint development of OSE-172. It is a monoclonal antibody
targeting SIRP-alpha which is expressed in myeloid lineage cells. This antibody
has the potential to increase anti-tumor immunity by increasing T cell activity
through increasing the functionality of DC antigen presentation. The
collaboration of OSE Therapeutics with Boehringer Ingelheim is its advanced approach
for the treatment of cancer and will develop a new alliance to leverage the
phase 1 development of OSE-172.
Market Coverage
·
Market
number available for 2019-2026
·
Base
year- 2019
·
Forecast
period- 2020-2026
·
Segment
Covered- By Type and Application
·
Regions
Covered- North America, Europe, Asia-Pacific, and Rest of the World
·
Competitive
Landscape- Amgen Inc., Eli Lilly & Co., F. Hoffman-La Roche AG, Merck &
Co., Inc., and Novartis AG
Recent Strategic Initiatives in the Global Cancer Monoclonal Antibodies
Market
·
In
December 2019, Mylan N.V. and Biocon Ltd. declared the US FDA launch of Ogivri
(trastuzumab-dkst). It is biosimilar to Herceptin (trastuzumab). It was the
first biosimilar trastuzumab approved by the US FDA for all indications which
includes treatment of HER2-overexpressing metastatic stomach cancer (gastric or
gastroesophageal junction adenocarcinoma) and breast cancer.
·
In June
2018, Pfizer Inc. announced the approval of ZIRABEV (bevacizumab-bvzr) in the
US. It is a biosimilar to Avastin (bevacizumab) which is indicated to treat
five kinds of cancer, including locally advanced, recurrent or metastatic
non-squamous non-small cell lung cancer (NSCLC), metastatic colorectal cancer,
unresectable, metastatic renal cell carcinoma (RCC), recurrent glioblastoma;
and persistent, recurrent or metastatic cervical cancer.
A
full Report of Cancer Monoclonal Antibodies Market is Available at: https://www.omrglobal.com/industry-reports/cancer-monoclonal-antibodies-market
Key questions
addressed by the report
·
What is
the market growth rate?
·
Which segment/region
dominates the market in the base year?
·
Which
segment/region will project the fastest growth in the market?
·
How
COVID-19 impacted the market?
Ø
Recovery
Timeline
Ø
Deviation
from the pre-COVID forecast
Ø
Most
affected region/segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
·
Where
is the investment opportunity?
Global Cancer
Monoclonal Antibodies Market-Segmentation
By Type
·
Naked
·
Conjugated
·
Others
(Bispecific)
By
Application
·
Breast
Cancer
·
Liver
Cancer
·
Blood
Cancer
·
Brain
Cancer
·
Colorectal
Cancer
·
Others
Global Cancer Monoclonal Antibodies Market– Segment by
Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of The World
·
Latin
America
·
Middle
East & Africa
Company
Profiles
·
AbbVie,
Inc.
·
Amgen,
Inc.
·
AstraZeneca
plc
·
Bayer
AG
·
Biocon,
Ltd.
·
Bristol
Myers Squibb Co.
·
Daiichi
Sankyo Company, Ltd.
·
Eli
Lilly and Co.
·
F.
Hoffmann-La Roche AG
·
Genmab
A/S
·
GlaxoSmithKline
plc
·
Innate
Pharma S.A.
·
Johnson
& Johnson Services, Inc.
·
Merck
& Co., Inc.
·
Mylan
N.V.
·
Novartis
AG
·
Oncologie,
Inc.
·
Pfizer
Inc.
·
Spectrum
Pharmaceuticals, Inc.
·
Takeda
Pharmaceutical Co., Ltd.
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