Monoclonal Antibody Therapy Market by Type (Human mAb, Humanized mAb, Chimeric mAb, Murine mAb), by Application (Cancer, Autoimmune Diseases, Others), by Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy), by By Type (Human mAb, Humanized mAb, Chimeric mAb, Murine mAb) Forecast 2024-2032
The Monoclonal Antibody Therapy Market size was valued at USD 157.33 USD Billion in 2023 and is projected to reach USD 604.41 USD Billion by 2032, exhibiting a CAGR of 21.2 % during the forecast period. Monoclonal antibody therapy is a medical treatment that uses antibodies engineered to target specific proteins or cells associated with diseases. These antibodies are created from a single clone of cells, ensuring they bind to the same antigen, which makes them highly specific and effective. There are several types of monoclonal antibody therapies, including neutralizing antibodies, which block harmful agents, targeted antibodies, which deliver drugs or toxins directly to diseased cells, and antibody-drug conjugates, which combine antibodies with cytotoxic drugs. Features of monoclonal antibodies include high specificity, reduced side effects compared to traditional treatments, and the ability to modify for different targets. Applications span a range of conditions, including cancer, autoimmune disorders, and infectious diseases, offering targeted and effective treatment options.
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The price of monoclonal antibody therapies varies depending on the type of antibody, the indication, and the dosage. However, the average price of a monoclonal antibody therapy is between USD 10,000 and USD 100,000 per year.
The global monoclonal antibody therapy market is expected to be dominated by exports from the United States and Europe. The United States is the largest exporter of monoclonal antibody therapies, followed by Germany and Switzerland. China is the largest importer of monoclonal antibody therapies, followed by Japan and India.
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Several patents and trademarks have been filed for monoclonal antibody therapies. The most notable patents include:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 21.2% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 21.2% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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