Antibody Therapy Market on Track to Surpass a Staggering US$ 824.0 Billion by 2033

Over the projected period, the antibody treatment market share is anticipated to rise at a consistent 13.4% CAGR. By 2033, the market is projected to have grown from its 2023 projection of US$ 235 billion to a valuation of US$ 824.0 billion. Since they offer tailored and targeted approaches to the treatment of a wide range of ailments, including cancer and autoimmune disorders, antibody therapies have established themselves as a mainstay of modern medicine. The market’s rising trend is indicative of the increased recognition of the efficacy and specificity of antibody-based therapies. With ongoing research and development efforts, the market for antibody therapy is setting the standard for cutting-edge medical treatments and providing hope for improved patient outcomes for a range of ailments.

• Higher penetration of adverse diseases like cancer, and COVID-19 spread, has fueled the demand for immunotherapy and antibody therapies.
• Cell-therapy’s effectiveness on tumor cells in cancer is expanding the antibody therapy market size. Furthermore, the existing healthcare systems adding advanced therapy options in their treatment procedures are likely to help cancer patients in the future.
• Patients with cancer and other cell and immunity-related diseases are opting for antibody therapy over chemotherapy for lower side effects and higher effectiveness.
• Monoclonal antibody therapy, which also works as passive immunotherapy, helps the immune system in retaining the new cells and strengthening the overall protective layer that saves from diseases.
• New cancer and cell therapy procedures, along with the emerging new therapeutic antibody derivatives, are gaining traction in the market, along with the expanding research and development

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Key Points

1. The United States market leads the space in terms of market share and CAGR. The market is expected to cross a value of US$ 291.9 billion by 2033. The regional market is expected to thrive at a CAGR of 13.1% between 2023 and 2033.
2. The Chinese antibody therapy market is another significant Asian market. It thrives at a steady CAGR of 12.7% during the forecast period. The market is likely to reach a value of US$ 59.1 billion by 2033. Asian economies like India and China are building their healthcare infrastructure by advancing them with the latest therapeutic solutions to high-risk diseases like cancer.
3. Monoclonal antibodies are likely to thrive in the antibody type category, as it provides immediate and short-term immunity from conditions like COVID-19. It is expected to thrive at a CAGR of 13.2% during the forecast period.
4. The hospital segment leads the end-user category with a CAGR of 12.6% between 2023 and 2033. The growth is attributed to the bigger budget, higher patient traffic, and easy availability of therapeutic experts.

Competitive Landscape

The key competitors create better packages with advanced cell-therapy solutions that deliver treatment with lesser side effects and higher effectiveness. Key competitors also merge, acquire, and partner with other companies to increase the supply chain and distribution channel. The key players in the market are: F. Hoffmann-La Roche Ltd., AbbVie Inc., Amgen Inc., Bristol-Myers Squibb Company, Johnson & Johnson Services, Inc.

For instance:

• Amgen Inc. has introduced its monoclonal antibody that holds bioengineered molecules, specially designed to target protein involved in different types of diseases.
• AbbVie Inc. has launched the first fully human monoclonal antibody, along with the antibody drug conjugates, that applies the target of an antibody that delivers a therapeutic agent. The company’s other research targets include interleukin-1, interleukin-23, and JAK (Janus Kinase Inhibitors)

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Key Segments

By Type:

• Monoclonal Antibodies
  • Oncology, Autoimmune Disease
  • Infectious Disease
  • Other
• Antibody Drug Conjugates

By End User:

• Hospitals
• Specialty Centers
• Others

By Region

• North America
• Latin America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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