Global Monoclonal Antibody Therapy Market

Monoclonal Antibody Therapy Market Size, Share, Growth Analysis, By Type(Murine Antibodies, Chimeric Antibodies, Humanised Antibodies and Fully Human Antibodies), By Application(Oncology, Autoimmune Diseases, Infectious Diseases, Inflammatory Conditions and Others.), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35A2527 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 64 | Figures: 75

Monoclonal Antibody Therapy Market News

  • In June 2023, Bristol-Myers Squibb Company announced the approval of its new monoclonal antibody therapy, Brexucabtagene autoleucel (JCAR015), for the treatment of adult patients with relapsed or refractory multiple myeloma who have received at least four prior therapies. Brexucabtagene autoleucel is a type of CAR T-cell therapy, which is a type of immunotherapy that uses a patient's own immune cells to fight cancer. In Brexucabtagene autoleucel, a patient's white blood cells are removed from their body, genetically modified to express a chimeric antigen receptor (CAR), and then infused back into the patient. The CAR helps the white blood cells to recognize and kill cancer cells.
  • In May 2023, Eli Lilly and Company announced the approval of its new monoclonal antibody therapy, Taltz (ixekizumab), for the treatment of adults with moderate to severe plaque psoriasis. Taltz is a human monoclonal antibody that works by blocking the activity of a protein called interleukin-17A (IL-17A). IL-17A is involved in the inflammatory response that causes psoriasis, and by blocking its activity, Taltz helps to reduce inflammation and improve skin lesions.
  • In April 2023, Genentech (Roche) announced the approval of its new monoclonal antibody therapy, Ocrevus (ocrelizumab), for the treatment of adults with relapsing multiple sclerosis. Ocrevus is a human monoclonal antibody that works by targeting B cells, a type of white blood cell that plays a role in the immune system. By targeting B cells, Ocrevus helps to reduce inflammation and slow the progression of multiple sclerosis.
  • In March 2023, Johnson & Johnson announced the approval of its new monoclonal antibody therapy, Tremfya (guselkumab), for the treatment of adults with moderate to severe plaque psoriasis. Tremfya is a human monoclonal antibody that works by blocking the activity of a protein called interleukin-23 (IL-23). IL-23 is involved in the inflammatory response that causes psoriasis, and by blocking its activity, Tremfya helps to reduce inflammation and improve skin lesions.
  • In February 2023, Novartis AG announced the approval of its new monoclonal antibody therapy, Kymriah (tisagenlecleucel), for the treatment of children and young adults with B-cell acute lymphoblastic leukaemia (ALL) that is refractory or has relapsed after two or more prior therapies. Kymriah is a type of CAR T-cell therapy, which is a type of immunotherapy that uses a patient's own immune cells to fight cancer. In Kymriah, a patient's white blood cells are removed from their body, genetically modified to express a chimeric antigen receptor (CAR), and then infused back into the patient. The CAR helps the white blood cells to recognize and kill cancer cells.
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Monoclonal Antibody Therapy Market size was valued at USD 143.56 Billion in 2022 and is poised to grow from USD 154.05 Billion in 2023 to USD 270.68 Billion by 2031, at a CAGR of 7.3% during the forecast period (2023-2030).

The global monoclonal antibody therapy market is highly competitive and dynamic, characterised by the presence of numerous pharmaceutical and biotechnology companies. Monoclonal antibody therapy has gained significant traction in the healthcare industry due to its targeted approach and effectiveness in treating various diseases, including cancer, autoimmune disorders, and infectious diseases. The competitive landscape of this market is shaped by factors such as research and development activities, product portfolio, strategic collaborations, and regulatory approvals. 'Roche Holding AG (Switzerland)', 'Johnson & Johnson (US)', 'Novartis International AG (Switzerland)', 'Pfizer Inc. (US)', 'Merck & Co., Inc. (US)', 'Amgen Inc. (US)', 'AstraZeneca PLC (UK)', 'Bristol Myers Squibb Company (US)', 'AbbVie Inc. (US)', 'Eli Lilly and Company (US)', 'Sanofi S.A. (France)', 'GlaxoSmithKline plc (UK)', 'Takeda Pharmaceutical Company Limited (Japan)', 'Biogen Inc. (US)', 'Regeneron Pharmaceuticals, Inc. (US)', 'Moderna, Inc. (US)', 'BioNTech SE (Germany)', 'Alexion Pharmaceuticals, Inc. (US)', 'Gilead Sciences, Inc. (US)', 'CSL Limited (Australia)'

Significant progress in biotechnology and genetic engineering has played a pivotal role in the development of advanced monoclonal antibody therapies. These advancements have facilitated the engineering of antibodies with improved specificity, efficacy, and reduced side effects. Through techniques such as genetic manipulation, researchers can optimise monoclonal antibodies for specific targets, enhancing their therapeutic potential. These breakthroughs have broadened the range of applications for monoclonal antibody therapies and increased their success rates.

Increasing Adoption and Development of Personalised and Targeted Therapies: Monoclonal antibody therapies have gained significant momentum in the treatment of various diseases, including cancer, autoimmune disorders, and infectious diseases. Personalised medicine approaches, such as companion diagnostics, genetic profiling, and biomarker identification, are being integrated into the development and prescription of monoclonal antibody therapies. This trend allows for a more precise and tailored treatment approach, maximising therapeutic efficacy while minimising adverse effects.

In the global monoclonal antibody therapy market, the most dominant region is North America. North America has a strong presence in the market due to factors such as well-established healthcare infrastructure, advanced research and development facilities, and a high adoption rate of monoclonal antibody therapies. The region is home to several prominent pharmaceutical companies and biotechnology firms that are actively involved in the development and commercialization of monoclonal antibody therapies. Additionally, favourable reimbursement policies and government support for innovative therapies contribute to the dominance of North America in the market.

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Global Monoclonal Antibody Therapy Market

Report ID: SQMIG35A2527

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