Anti-CD20 Monoclonal Antibodies (mABs) Market size to grow by USD 11.42 billion from 2023 to 2028; North America to account for 57% of market growth- Technavio

NEW YORK, Nov. 9, 2023 /PRNewswire/ -- The Anti-CD20 monoclonal antibodies (maABs) market is expected to grow by USD 11.42 billion from 2023 to 2028. In addition, the momentum of the market will progress at a CAGR of 10.31% during the forecast period, according to Technavio Research. The market has been segmented by product (oncology, neurology, and immunology), type (first generation anti-CD20 monoclonal antibody, second generation anti-CD20 monoclonal antibody, and third generation anti-CD20 monoclonal antibody), and geography (North America, Europe, Asia, and Rest of World (ROW)). North America is estimated to contribute 57% to the growth of the global market during the forecast period. The growth of the market in North America is due to the high incidence and prevalence of hematological malignancies such as non-Hodgkin lymphoma (NHL). This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Read PDF Sample Report

Company Profile:

Acrotech Biopharma Inc., Amgen Inc., AstraZeneca Plc, Celltrion Healthcare Co. Ltd., F. Hoffmann La Roche Ltd., Fosun International Ltd., Genmab AS, IGM Biosciences Inc., JSC BIOCAD, LFB SA, Novartis AG, Pfizer Inc., Regeneron Pharmaceuticals Inc., Spectrum Pharmaceuticals Inc., TG Therapeutics Inc., United BioPharma Inc., and ZHEJIANG HISUN PHARMACEUTICAL Co. Ltd.

Amgen Inc. - The company offers anti-CD20 monoclonal antibodies such as Bax active monomer recombinant antibody 6A7 OAAV00544 and CD52 recombinant antibody campath 1H OAAV00552.

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The market share growth by the oncology segment will be significant during the forecast period. It is the availability of anti-CD20 mAbs in common cancer indications that has driven this segment's growth.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a PDF Sample Report

"Besides analyzing the current market scenario, our report examines historic data from 2017 to 2021"- Technavio

Anti-CD20 Monoclonal Antibodies (mABs) Market: Market Dynamics

• Increased use of combination therapies
• High target affinity and specificity of anti-CD20 mABs
• Strong pipeline and recent approvals

Key Driver

Increased use of combination therapies is a key factor driving market growth. In cases where the effectiveness and poor tolerability of monotherapy products are worse than in combination therapy, a combination treatment is usually preferable. In combination with other medicines to treat comorbid diseases, the market has seen a strong increase in the use of mABs against CD20.

Major Trend

The development of CD20 bispecific antibodies is the primary trend shaping market growth. Identify key trends, drivers, and challenges in the market. Download a sample to gain access to this information.

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The breast cancer monoclonal antibodies market size is estimated to grow by USD 15 billion at a CAGR of 12.5% between 2022 and 2027. 

The Biosimilars Market size is estimated to grow by USD 42.23 billion between 2022 and 2027, accelerating at a CAGR of 23% during the forecast period.

What are the key data covered in this anti-CD20 monoclonal antibodies (mABs) market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the anti-CD20 monoclonal antibodies (mABs) market between 2023 and 2028.
• Precise estimation of the anti-CD20 monoclonal antibodies (mABs) market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the anti-CD20 monoclonal antibodies (mABs) market across North America, Europe, Asia, and ROW
• A thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of the anti-CD20 monoclonal antibodies (mABs) market companies.

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by Type 

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

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SOURCE Technavio