Global Bispecific Antibodies Market Size, Shares up to 2020
Bispecific antibodies are one of the fastest developing markets in the field of immune response therapeutics, medications and biologics.. Bispecific antibodies are combination of two antibodies which address distinctive antigens. Bispecific antibodies can recognize a single antigen target also they can identify two different targets at the same time. In recent years, antibody therapy has become a new treatment for various diseases. A bispecific antibody is an upgraded side of monoclonal antibody enhanced in structure and usefulness.
Bispecific antibodies are developing a most favored and helpful approach for treatment for different disease, for example, lung, breast, and colon malignancy. With rising prevalence of various sorts of cancer the worldwide market for bispecific antibodies treatment is essentially growing. However, complicated nature related with the treatment method of bispecific antibodies would disturb the worldwide market of bispecific antibodies treatment.
Presently, bispecific antibody drugs are available in the market as well as in various stages of clinical trials. Numerous medications are in Phase I and II clinical trials while one medication, Removab, effectively got approval for marketing. Oncology rules the field of bispecific antibodies. There are various opportunities for the big pharmaceutical companies in this business sector. On account of complex structure of bispecific antibodies, there are abundant open entryways for contract manufactures in this market. In particular, the modification of bispecific antibodies is intense assignment, making this field more appealing for speculators.
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The report covers forecast and analysis for the bispecific antibodies market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on revenue (USD Million). The report also offers detailed competitive landscape of the global bispecific antibodies market. It includes company market share analysis, product portfolio of the major industry participants. The report provides market opportunities for the upcoming years.
North America and Europe were seen to be the biggest bispecific antibodies treatment market due to increasing incidences of diseases. Asia Pacific is considered as fastest growing market for bispecific antibodies treatment due to developing healthcare access in this area.
Various pharmaceutical companies are actively involved in development and manufacture of bispecific antibodies. Some of the key players in this market are Amgen, Bayer, Dow Pharma, ImmunGene, Immunocore, Merck, Novartis, Pfizer, and Roche among others.
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