Rising Popularity Of Cost-Efficient Biosimilar Monoclonal Antibodies Fuels Monoclonal Antibody Market Growth Emerges as a Core Driver of the Monoclonal Antibodies (MAbs) Market in 2025

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What Is the Expected CAGR for the Monoclonal Antibodies (MAbs) Market Through 2025?
The market for monoclonal antibodies (MAbs) has experienced swift expansion in the recent past. The market value is projected to rise from $234.37 billion in 2024 to $261.66 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.6%. The significant growth seen in previous years can be credited to the increasing prevalence of chronic illnesses, amplified investment in research and development, rising awareness of mabs, and an expanding elderly population.

What's the Projected Size of the Global Monoclonal Antibodies (MAbs) Market by 2029?
The market for monoclonal antibodies (MAbs) is predicted to undergo significant expansion in the coming years, with it projected to reach $424.24 billion in 2029 representing a compound annual growth rate (CAGR) of 12.8%. This predicted surge is due to factors such as extensive therapeutic indications, personalized medicine approaches, the advent of biosimilars and generic drugs, combination therapies, preparedness for pandemics, along with investments in biopharmaceuticals. Expect to see major trends during this period like improvements in immunotherapy, adoption of subcutaneous administration, the development of next-generation antibodies, innovations in subcutaneous formulation, integration of digital health, and advancements within the biotechnology realm.

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Top Growth Drivers in the Monoclonal Antibodies (MAbs) Industry: What's Accelerating the Market?
The escalating prominence of economically viable biosimilar monoclonal antibodies is propelling the growth of the monoclonal antibody market. Biosimilars' objective is to mitigate the escalating healthcare expenses and manage the financial strain exerted by patients and governments to diminish the cost of drugs and enhance their accessibility. Biosimilars are drugs that are designed to mimic the properties of an already approved biological drug. In contrast to the original biological drug, a biosimilar monoclonal antibody is 20%-25% cheaper. The number of clinical trials for a biosimilar drug is relatively less compared to its biological counterpart, which results in cost reductions. The Indian biosimilar drug industry is anticipated to receive a substantial push from a new biosimilar policy known as the 'Guidelines on Similar Biologics', brought forth by the Central Drugs Standard Control Organization (CSDCO) in India.

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What Trends Will Shape the Monoclonal Antibodies (MAbs) Market Through 2029 and Beyond?
In recent years, there has been a spate of strategic undertakings in the monoclonal antibody market. Leading entities are tactically expanding their offerings by acquiring start-ups and medium-sized firms. These strategic mergers, acquisitions, and alliances allow vendors to widen their current product array and extend their international presence. For instance, Sanofi S.A., a pharmaceutical and healthcare firm from France specializing in drug innovation, production, and promotion, formed a strategic partnership with Seagen Inc., a US-based pharmaceutical firm that develops and commercializes innovative, potent monoclonal antibody-related cancer treatments, in March 2022. As part of this agreement, the joint venture will leverage both Seagen's and Sanofi's proprietary monoclonal antibody (mAb) and antibody-drug conjugate (ADC) technologies to design, initiate, and market ADCs for as many as three cancer objectives. In addition, Boehringer Ingelheim, a Germany-based research-centric pharmaceutical company, joined forces with MabGenesis, Inc., a biopharmaceutical corporation from Japan leading the way in creating curative monoclonal antibody medications for human sicknesses. This partnership resulted in Boehringer Ingelheim and MabGenesis discovering and producing novel curative monoclonal antibodies for a myriad of diseases and executing strategic R&D plans. Industry companies are steadily adjusting their collections and taking advantage of profitable inorganic expansion possibilities. A robust corporate balance sheet, liquid debt markets, and persistently advantageous global interest rates are also driving the surge in M&A interest.

What Are the Main Segments in the Monoclonal Antibodies (MAbs) Market?
The monoclonal antibodies (MAbs) market covered in this report is segmented -

1) By Source: Murine, Chimeric, Humanized, Human
2) By Application: Anti-Cancer, Immunological, Anti-Infective Monoclonal Antibodies (MAs), Neuropharmacological, Cardiovascular And Cerebrovascular, Other Applications
3) By End Users: Hospitals, Private Clinics, Research Institute

Subsegments:
1) By Murine: Fully Murine MAbs, Murine-Derived MAbs
2) By Chimeric: Chimeric MAbs With Murine Variable Regions, Chimeric MAbs With Human Constant Regions
3) By Humanized: Humanized MAbs With Minor Murine Components, Fully Humanized MAbs
4) By Human: Fully Human MAbs, Engineered Human MAbs

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Which Top Companies are Driving Growth in the Monoclonal Antibodies (MAbs) Market?
Major companies operating in the monoclonal antibodies (MAbs) market include Johnson & Johnson, Merck & Co. Inc., AbbVie Inc., Amgen Inc., Novartis International AG, Pfizer Inc., Thermo Fisher Scientific Inc., Eli Lilly and Company, Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd., Sanofi S.A., Abbott Laboratories, Novo Nordisk A/S, Daiichi Sankyo Company Ltd., Seattle Genetics Inc., Teva Pharmaceutical Industries Ltd., Shanghai Junshi Biosciences Co. Ltd., GenScript Biotech Corporation, Sigma-Aldrich Co. LLC, AbGenomics Inc., ADC Therapeutics SA, Agensys Inc., Alexion Pharmaceuticals Inc., ALMAC Group Ltd., Ambrx Biopharma Inc., Astellas Pharma Inc., Celgene Corporation, Celldex Therapeutics Inc., Baxter International Inc., Fresenius SE & Co. KGaA, Hikma Pharmaceuticals plc, Jiangsu Hengrui Medicine Co. Ltd., Piramal Enterprises Ltd., Troikaa Pharmaceuticals Ltd., CD BioSciences Inc., Kanto Corporation, Molecular Depot LLC, Epigentek Group Inc., Creative Biolabs Inc., Advanced ChemTech Inc., Diagnostic BioSystems Inc., Tonbo Biosciences Inc., Abraxis LLC, GlaxoSmithKline plc

Which Regions Will Dominate the Monoclonal Antibodies (MAbs) Market Through 2029?
The countries covered in the monoclonal antibodies (MABS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

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