The 2023 report on the “Long-acting Monoclonal Antibodies Market” presents a thorough and accurate examination of different factors pertaining to business expansion prospects, challenges, risk elements, and trends in all geographical regions. This report delivers current information on the most recent technological developments, along with SWOT and PESTLE analysis, and valuable insights on market size.
Global Long-acting Monoclonal Antibodies Market is valued approximately USD $ Billion in 2021 and is anticipated to grow with a healthy growth rate of more than $ over the forecast period 2022-2028. Long-acting Monoclonal antibodies (mAbs or moAbs) are antibodies created by cloning a single white blood cell. Every subsequent antibody generated in this manner may be traced back to a single parent cell. Monoclonal antibodies can only attach to the same epitope and have monovalent affinity (the part of an antigen that is recognised by the antibody).
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
Growing prevalence of chronic diseases, surfacing sedentary lifestyle and use of MABs in the treatment of COVID-19 has driven the long-acting monoclonal antibodies market. For Instance: Eli Lilly discovers etesevimab, a monoclonal antibody that targets the receptor binding region of the SARS-CoV-2 surface spike protein. Also, on-going advanced research and development is most likely to boost the overall growth of the Global Long-acting Monoclonal Antibodies Market. However, high cost of mAbs can obstruct the market’s expansion over the projection period of 2022-2028.
The key regions considered for the Global Long-acting Monoclonal Antibodies Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. US is the leading region across the world. Presence of major key players and leading industries in this region is driving the market growth in the North America. Whereas, Europe is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. The market is expected to grow during the projected period, due to expanding R&D.
Major market player included in this report are:
Eli Lilly
Abbott Laboratories
AstraZeneca plc
Amgen Inc.
Bayer AG
Johnson & Johnson
Pfizer
GlaxoSmithKline Plc.
Merck & Co. Inc.
Novartis
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the Application within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Source Type:
Murine
Chimeric
Humanized
Human
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By Indication:
Cancer
Autoimmune Disease
Inflammatory Disease
Infectious Disease
Others
By End-User:
Hospital Pharmacies
Drug Store
Retail Pharmacies
E-commerce
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Which elements of this study are relevant to market analysis?
- The research offers a thorough analysis of market trends, along with details on regional usage and consumption.
- The growth rates of each area, including their respective nations, are included in market reports for the upcoming years.
- How are the major market players rated?
- A thorough study of the market’s top rivals is provided in this report.
- The study contains details about the major market vendors.
- Each company’s profile, revenue sources, and items produced are all covered in detail in the study.
- Along with the opinions of the top market participants, the study includes data and information about rival companies.
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