Lucintel Forecasts Monoclonal Antibody Market To Grow At A Cagr Of 5%-7%

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According to the recent study the monoclonal antibody market is projected to grow at a CAGR of 5%-7% from 2020 to 2025. Growth in this market is primarily driven by increasing R&D activities in genomics and rising adoption of technologically advanced genetic platforms.
Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in monoclonal antibody market by source type (murine, chimeric, humanized, and human), production type (In-vivo and In-vitro), indication (cancer, autoimmune diseases, inflammatory diseases, infectious diseases, microbial diseases, and others), end use (hospitals, research institutes, and others), and region (North America, Europe, Asia Pacific, and Rest of the World).
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“In-vivo market is expected to remain the largest segment during the forecast period.”
Based on production type, the monoclonal antibody market is segmented into in-vivo and in-vitro. Lucintel forecasts that ...
... the in-vivo market is expected to remain the largest segment during the forecast period due to its cost effectiveness and high concentration of mAbs (monoclonal antibodies) obtained through this method.
“Within the monoclonal antibody market, the hospitals segment is expected to remain the largest end use.”
Based on end use, the hospitals segment is expected to witness the largest segment over the forecast period due to the increasing incidence of chronic conditions fueling treatment rate, rising healthcare expenditure level, and awareness level amongst the patient population regarding treatment alternatives.
“North America will dominate the monoclonal antibody market in near future.”
North America is expected to be the largest region over the forecast period due to the presence of a large number of pharmaceutical and biotechnology companies in the region, the presence of a well-established healthcare market, and government support in infection control & management.
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Major players of monoclonal antibody market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Novartis, Pfizer, GlaxoSmithKline, Thermo Fisher Scientific, Abbott, Merck, Roche, and Biogen are among the major monoclonal antibody providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/monoclonal-antibody-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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