USD 235.27 billion
Report ID:
SQMIG35H2248 |
Region:
Global |
Published Date: May, 2025
Pages:
211
|Tables:
119
|Figures:
75
Global Monoclonal Antibodies Market size was valued at USD 235.27 billion in 2023 and is poised to grow from USD 262.33 billion in 2024 to USD 626.67 billion by 2032, growing at a CAGR of 11.5% during the forecast period (2025-2032).
An increase in requirement for biologics, especially mAbs, is mainly fuelled by the ever-rising prevalence of chronic diseases such as cancer, cardiovascular disease, and autoimmune diseases. Such trends are predicted to mark the dominating presence of the Monoclonal Antibodies Market. Increasing levels of awareness among patients and doctors are being created as monoclonal antibodies for targeted treatment start to work for significant numbers of health-care professionals. Since monoclonal antibodies can selectively interact with and neutralize disease-causing chemicals, it has emerged as one of the direct medical needs in the fight against a broad spectrum of diseases.
Global-leading companies in the industry have made great efforts in developing and commercializing mAb drugs. For instance, T-Cure Bioscience, Inc. collaborated with Atlas Antibodies AB in October 2021 to improve CT83 mAbs production and supply in cancer treatment applications. Of a similar sort, Ono Pharmaceutical Co., Ltd. and Neurimmune AG agreed in January 2022 to collaborate for developing mAb drugs targeting novel therapeutic targets of neurodegenerative diseases. These new and innovative partnerships are most expected to unlock opportunities for growth of the mAbs sector with regard to improved treatment options and betterment of patient care for most chronic conditions.
Market snapshot - 2025-2032
Global Market Size
USD 235.27 billion
Largest Segment
In-Vivo
Fastest Growth
Growth Rate
11.5% CAGR
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Global Monoclonal Antibodies Market is segmented by Source Type, Indication, Production Type, Application, Route of Administration, End-Use and region. Based on Source Type, the market is segmented into Murine, Chimeric, Humanized, Human and Others. Based on Indication, the market is segmented into Cancer, Autoimmune Diseases, Inflammatory Diseases, Infectious Diseases and Others. Based on Production Type, the market is segmented into In Vivo and In Vitro. Based on Application, the market is segmented into Oncology, Autoimmune Diseases, Infectious Diseases, Neurological Diseases and Others. Based on Route of Administration, the market is segmented into Intravenous, Subcutaneous, Intravitreal and Others. Based on End-Use, the market is segmented into Hospitals, Specialty Centers and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
In 2023, the human source type was reportedly at 54.3% of the total Monoclonal Antibodies Market value of monoclonal antibodies. Preferably, human mAbs are used instead of chimeric or humanized mAbs since these have less immunogenicity and effectively control effector functions. Increasing their efficacy is the production of these antibodies in transgenic mice through advanced methods such as phage display and hybridoma technology. The increasing capacity of current genetic engineering to produce fully human mAbs is improving the availability for therapeutic use, and the demand for human mAbs will be predicted to increase with developing research that will significantly expand this Monoclonal Antibodies Market sector.
The Humanized mAbs segment is expected to expand with the highest compound annual growth rate (CAGR) of 11.6% because they are being increasingly used against a wide number of target antigens such as cancer cells and various immunosuppressor and immunomodulatory molecules. Their design retains lower levels of immunogenicity compared to chimeric mAbs but allows for higher levels of therapeutic efficiency. Although humanized mAbs are more immunogenic than fully human mAbs, which would limit Monoclonal Antibodies Market growth, this is expected to expand significantly in the next few years because the demand for targeted therapeutics continues and innovative approaches continue to emerge.
The In-vitro production type had the highest market share of 76.9% in 2023 mainly because it was economically viable for extended production runs, and it posed less danger of contamination with foreign antigens. Innovations such as serum-free culture mediums and semi-permeable membrane-based systems enhance the viability and efficiency of biomanufacturing processes which is rewarding to this approach. These technologies speed up sector growth through cheaper production and reduced operating costs. However, several challenges persist, mainly concerning the differences in hybridoma characteristics that can lead to denaturation or even antibody inactivation and which limits the possible total growth for the manufacturing in vitro market.
However, the in-vivo production type is anticipated to experience major growth in the forecast period due to its potential production of massive amounts of monoclonal antibodies (mAbs) at a significantly lower cost than those produced through in vitro procedures and its expected growth. It is highly beneficial for this method of production in the diagnostics area where any cost issues are crucial for sustaining profitability. Furthermore, in vivo process development could result in higher mAb secretion levels, and the fact that more efficient production can be achieved will become even more perceivable. As demand increases for less expensive diagnostic solutions, the in vivo production market will continue to grow and gain a solid foothold in becoming an alternative to conventional in vitro methods.
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North America remained the largest market in 2023, accounting for a share of around 46.1%, mainly due to an advanced healthcare system and high patient awareness, and promising future for research in cancer. This area benefits from massive funding by governments to advance cancer research, thereby rapidly transforming the creation and availability of monoclonal antibodies for medicinal use. The presence of these important industry participants such as Pfizer Inc., Amgen, Inc., and Merck & Co. helps generate a competitive environment conducive to cooperation and innovation. The North American market is expected to continue its leadership position while being poised to have stable growth in the next few years through these companies continuing their efforts on their R&D operations.
Besides several critical factors, Asia-Pacific is expected to grow at the fastest rate in the forecast period—12.1%. The rising disposable income of the region, combined with a highly significant patient pool requiring mAb cancer treatments, further expands market potential. Sustained investment in high-tech medical technology and increasing attention to health care improvement also form a propitious environment for the development of mAb. Pharmaceutical industries in countries such as China and India have thus enormous potential, hence are particularly inviting for investments in clinical research. This focus on R&D is predicted to drive the growth of the monoclonal antibodies market in the region significantly.
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Increasing Rate of Chronic Diseases
Technological Developments in The Production of mAb
High Development and Manufacturing Costs
Regulatory Barriers and Delays
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To raise revenues, monoclonal antibody companies need to pay attention to their time-to-market and hasten the speed at which they commercialize their products. Any company looking to get an edge over the others in the same market where they operate to launch their product rapidly will realize that alliances and partnerships work best. Besides the prospects of alliances and partnerships, government funding and initiatives to facilitate medical research on monoclonal antibodies also promise much for players in the Monoclonal Antibodies Market.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the monoclonal antibodies market is expected to experience rapid growth owing to the growing incidence of chronic diseases and the significant progress achieved in biotechnology. Further developments in mAb manufacture will also improve the prospects of the market with the adoption of biosimilars growing. Development may be constrained by barriers such as high development prices and red tape. The trend in personalized medicine further illustrates how the mAbs may add tailored treatment plans into the fold for improving patient outcomes. On balance, a sector is ready to change-providing opportunities to established companies and newcomers alike, each of whom is committed to advancing medicinal treatments in this very critical area of healthcare.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 235.27 billion |
Market size value in 2032 | USD 626.67 billion |
Growth Rate | 11.5% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Monoclonal Antibodies Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Monoclonal Antibodies Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Monoclonal Antibodies Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Monoclonal Antibodies Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Monoclonal Antibodies Market size was valued at USD 235.27 Billion in 2023 and is poised to grow from USD 262.33 Billion in 2024 to USD 626.66 Billion by 2032, growing at a CAGR of 11.5% during the forecast period (2025-2032).
To raise revenues, monoclonal antibody companies need to pay attention to their time-to-market and hasten the speed at which they commercialize their products. Any company looking to get an edge over the others in the same market where they operate to launch their product rapidly will realize that alliances and partnerships work best. Besides the prospects of alliances and partnerships, government funding and initiatives to facilitate medical research on monoclonal antibodies also promise much for players in the Monoclonal Antibodies Market. 'Novartis AG (Switzerland) ', 'Pfizer Inc. (US) ', 'GlaxoSmithKline plc (UK) ', 'Amgen Inc. (US) ', 'Merck & Co., Inc. (US) ', 'Daiichi Sankyo Company, Limited (Japan) ', 'Abbott Laboratories (US) ', 'AstraZeneca plc (UK) ', 'Eli Lilly and Company (US) ', 'Johnson & Johnson Services, Inc. (US) ', 'Bayer AG (Germany) ', 'Bristol Myers Squibb (US) ', 'F. Hoffmann-La Roche Ltd. (Switzerland) ', 'Viatris Inc. (US) ', 'Biogen Inc. (US) ', 'Thermo Fisher Scientific, Inc. (US) ', 'Novo Nordisk A/S (Denmark) ', 'Sanofi S.A. (France) ', 'Merck KGaA (Germany) ', 'Genmab A/S (Denmark) ', 'Regeneron Pharmaceuticals, Inc. (US) ', 'Incyte Corporation (US)'
The growing rate of the incidence of chronic diseases such as cancer and autoimmune diseases has mainly contributed to the increase in the Monoclonal Antibodies Market. The demand for targeted drugs, such as monoclonal antibodies, increases as the average age of the population rises and people become more prone to lifestyle-related health issues. Pharmaceutical companies have put a lot of money into researching and developing new monoclonal antibodies (mAb) drugs because of the high demand for such treatment drugs.
Growth of Biosimilars: One of the significant trends in the market is the emergence of biosimilars. Biosimilars are becoming popular as many known mAbs have patents expiring, where cheaper alternatives are now available. This trend brings in economies of scale with increased numbers of accessions to drugs, to the benefit of patients and pharmaceutical firms alike. It is predicted that market dynamics will shift in response to acceptance of biosimilars, encouraging more competition and innovation.
North America remained the largest market in 2023, accounting for a share of around 46.1%, mainly due to an advanced healthcare system and high patient awareness, and promising future for research in cancer. This area benefits from massive funding by governments to advance cancer research, thereby rapidly transforming the creation and availability of monoclonal antibodies for medicinal use. The presence of these important industry participants such as Pfizer Inc., Amgen, Inc., and Merck & Co. helps generate a competitive environment conducive to cooperation and innovation. The North American market is expected to continue its leadership position while being poised to have stable growth in the next few years through these companies continuing their efforts on their R&D operations.
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