Bispecific Antibody Therapeutics Market to Perceive Excellent Growth of USD 900.29 Million by 2029, Size, Share, Trends, Demand, Opportunities and Growth Statistics

PRESS RELEASE
Published October 18, 2023

The Global Bispecific Antibody Therapeutics market survey report conducts a thorough analysis of the market’s potential, encompassing the current landscape and future prospects. It delves into various facets of the Bispecific Antibody Therapeutics industry, offering the latest market insights and a comprehensive analysis that brings the marketplace sharply into focus. This market research study assesses the market’s status, growth trajectory, forthcoming trends, drivers, opportunities, challenges, risks, entry barriers, sales channels, and distribution networks. The report emphasizes key market dynamics, the current market scenario, and the future outlook for the Bispecific Antibody Therapeutics industry. The Bispecific Antibody Therapeutics market research report is the result of a synergistic blend of industry expertise, innovative solutions, practical insights, and the utilization of technology to enhance the user experience.

This influential Bispecific Antibody Therapeutics market report encompasses all the studies and estimations integral to the standard market research analysis process. It offers a detailed examination of various market segments expected to experience the most rapid growth during the forecast period. Proficient skills and outstanding resources in research, data collection, development, consulting, evaluation, compliance, and regulatory services converge to create this top-tier market research report. The report caters to diverse business needs and aids in informed decision-making and efficient operations. The Bispecific Antibody Therapeutics market research report is poised to empower businesses to make well-informed decisions and effectively manage the marketing of their goods and services.

Data Bridge Market Research analyses that the bispecific antibody therapeutics market was valued at USD 523.98 million in 2021 and is expected to reach USD 900.29 million by 2029, registering a CAGR of 7.0% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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In 2018, approximately 4,285,033 new cancer cases were detected in China, according to Globocan’s estimations. As a result, the increased global prevalence of cancer necessitates new therapeutic choices, driving up demand for bispecific antibodies. Bispecific antibodies (BsAbs) are antibodies that can bind two distinct antigens simultaneously (or different epitopes of the same antigen). BsAbs have mostly been used to reroute cytotoxic immune effector cells for improved tumor cell killing via antibody-dependent cell-mediated cytotoxicity (ADCC) and other cytotoxic processes mediated by effector cells.

Key Growth Drivers:

  • High prevalence rate of cancer

The rise in prevalence rate of cancer across the globe will act as a major driver that will result in the expansion of the market’s growth rate. According to the World Health Organization (WHO), cancer, after cardiovascular disorders, is the world’s second greatest cause of death, according to the World Health Organization (WHO). It is, nonetheless, one of the most preventable chronic non-communicable diseases. Reduced tobacco use, healthier diets and physical exercise, reduced alcohol usage, and other measures can save approximately 40% of all cancer deaths. Sedentary lifestyle adoption is on the rise, indicating that a huge number of people are active, putting them at a higher risk of contracting cancer. Furthermore, a sedentary lifestyle that includes the consumption of fast food and packaged materials increases the risk of cancer. As a result, an increase in sedentary lifestyle adoption reflects an increase in cancer incidences, necessitating the development of improved cancer therapies.

  • Increasing investment for healthcare infrastructure

Another significant factor influencing the growth rate of the bispecific antibody therapeutics market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aims to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics.

The report outlines the involvement of key players, including:

Innovent Biologics, Inc. (China), Adimab (U.S.), Affimed GmbH (Germany), Xencor (U.S.), Pieris Pharmaceuticals, Inc. (U.S.), Mereo BioPharma Group plc (U.K.), Sobi (Sweden), TG Therapeutics, Inc (U.S.), Merus (Netherlands), MacroGenics, Inc (U.S.), Genmab A/S (Denmark), Emergent BioSolutions Inc (U.S.), Alteogen (South Korea), Pfizer Inc. (U.S.), GlaxoSmithKline plc (U.K.), Novartis AG (Switzerland), Allergan (Ireland), F. Hoffmann-La Roche Ltd. (Switzerland), Sanofi (France), AstraZeneca (U.K.), Eli Lilly and Company (U.S.), Astellas Pharma Inc. (Japan)

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Key Market Segmentation

Indication (Oncology, Autoimmune Disease, Others), Drugs (Blinatumomab, Catumaxomab, Duligotumab, Others), Route of Administration (Intravenous, Subcutaneous, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others)

The Bispecific Antibody Therapeutics market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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