The Bispecific Antibodies Market report by Persistence Market Research takes into consideration the healthcare industry’s transformation concerning services, infrastructure, coupled with support extended from the governments all across. Technological advancements are capable of catering to patients on an urgent basis. As such, both – stress and time could be saved.
The Bispecific Antibodies Market report by Persistence Market Research goes by the changing trend of consumerism all across the healthcare vertical. “Going cashless” is amongst the “new” normals. Inorganic growth has also picked up. Key participants of the healthcare value chain – both – private and public – have joined hands for competing in the ever-demanding landscape.Bispecific antibodies contain two different antigen-binding sites in one molecule.
Bispecific antibodies come in numerous formats, extending from moderately small proteins, merely comprising of two linked antigen-binding fragments, to large immunoglobulin G (IgG)-like molecules with added domains attached. The clinical success of the currently marketed bispecific antibodies available in the bispecific antibodies market has amplified the intensive pace of development for bispecific antibodies in oncology..
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Additionally, the manufacturers in the market are collaborating with regional biotech companies for the development of bispecific antibodies. These efforts by the manufacturers will also help the global bispecific antibodies market to grow at an unprecedented rate.
The key players in the global bispecific antibodies market are focusing on developing and introducing new products in the market. These drugs are still under pipeline and currently predict bright outcome in the future. The manufacturers are constantly working on developing these products as the rising prevalence of cancer demands for better therapeutic treatment. The successful clinical trial outcomes projects optimistic future for the global bispecific antibodies market as well as the manufacturers.
For instance, In December 2020, Pfizer reported positive clinical data for BCMA-CD3 bispecific antibody in multiple myeloma. According to WHO, cancer is the world’s second leading killer after cardiovascular diseases. However, it is also one of the most avoidable non-communicable chronic disease.
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Like any other cancer therapeutics, bispecific antibodies also have major side effects which is the prime factor restraining the growth of the bispecific antibodies market. Additionally, the high cost of the drugs may also hamper the growth of the global bispecific antibodies market. Moreover, the rejection of the products that are currently under clinical trials may also restrict the growth of the bispecific antibodies market.
Market Segmentation:
Based on drug type, the bispecific antibodies market has been segmented as:
- Blinatumab
- Catumaxomab
- Duligotumab
Based on indication, the bispecific antibodies market has been segmented as:
- Cancer
- Infectious Disease
- Inflammatory and Autoimmune Disorders
- CNS Disorders
Based on distribution channel, the bispecific antibodies market has been segmented as:
- Hospital pharmacies
- Retail pharmacies
- Online pharmacies
Based on the region, the bispecific antibodies market has been segmented as:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
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Key players:
- Hoffmann-La Roche Ltd
- GenScript
- Sino Biological Inc.
- Creative-Biolabs
- AbbVie Inc.
- Kymab
- AstraZeneca
- BIOCYTOGEN
- Amgen Inc.
- Pfizer Inc.
- Novartis AG
- Johnson & Johnson
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