The global monoclonal antibody therapy market was pegged at ~US$ 175.5 billion in 2021. The market is expected to witness a CAGR of 12.9% from 2022 to 2030.

The market for biologics is growing, which presents a lucrative potential for the biopharmaceutical sector. The rapid regulatory approval of monoclonal antibodies is facilitating the commercialization of numerous novel treatments. This element contributes to the market expansion for monoclonal antibody therapy. Their preference is also growing as monoclonal antibody therapy emerges as a potent tool for the treatment of chronic disorders like cancer and Alzheimer's disease. As a result, a lot of pharmaceutical corporations are financing research and development initiatives focusing on monoclonal antibodies. Additionally, the utilization of cutting-edge technology in mAb production enhanced healthcare infrastructure, and government funding for infection control and management all contribute to the market growth.

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Key players:

F. Hoffman-La Roche Ltd., Bayer AG, Novo Nordisk A/S, Thermo Fisher Scientific Inc., Regeneron Pharmaceuticals Inc., AstraZeneca plc, Sanofi SA, Abbott Laboratories, Eli Lilly & Company, Mylan N.V., GlaxoSmithKline Plc, and Merck KgaA among others.

Segmentation by Type:
• Human mAb
• Chimeric mAb
• Humanized mAb
• Murine mAb

By Disease Area:
• Cancer
• Autoimmune Diseases
• Inflammatory Diseases
• Infectious Diseases

Regional Analysis-
• Asia Pacific is expected to show significant growth in the forecast period due to rising disposable income, the presence of vast untapped potential, the increase in R&D spending, and growing patient awareness of the use of therapeutic mAb.
• The rise in medical tourism in the emerging economies is also increasing the opportunity for the monoclonal antibody therapy market.
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Key Questions Answered in the Report Include:

(1) This report gives all the information about the industry analysis, revenue, and overview, of this market.
(2) What will be the rate of increase in market size and growth rate by the end of the forecast period?
(3) What are the major global Monoclonal Antibody Therapy Market trends influencing the development of the market?
(4) What are the vital results of SWOT analysis of the major players operating in the Monoclonal Antibody Therapy Market?
(5) What are the potential growth opportunities and threats faced by Major competitors in the market?

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