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Antibody drug market reaches new highs

9/12/2017

 
It is estimated the global market for antibody drugs will reach $114.6 billion by 2022, up from $84.5 billion in 2017, with a 6.3% annual growth rate. In comparison, the global market for research antibodies (monoclonal and polyclonal) reached almost $3 billion this year, with a similar annual growth rate.

In 2016, monoclonal antibody drugs had the largest share of the market in autoimmune diseases with about 46.1%. Solid tumors, lymphoma and leukemia, and other diseases had market shared of 24.2%, 13.2% and 16.5%, respectively.

Humanized monoclonal antibodies (mAbs) are the largest segment in terms of revenue, followed by other monoclonal antibody categories such as human, chimeric and murine.
Diagnostic antibodies market is also a fast growing industry, globally exceeding ten billion dollars annually.

(Source of statistics BCC Research)


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