Bispecific Antibodies Market Overall Study Report 2021-2027 | Amgen, Bayer AG, Dow Pharmaceutical Solutions, ImmunGene

Market Overview

Bispecific Antibodies are a type of specialized antibody. There are presently three varieties of bispecific antibodies in development namely Trifunctional, chemically linked antigens, and biotin-based Fabs. Each of these antibodies involves two-variable light chains, of which only one may bind to a cancer cell, while another is designed to bind to a T-lymphocyte receptor, enhancing the overall immune response against this disease. In addition, some of the bispecific antibodies are being studied for their ability to destroy certain cancerous cells without harming healthy tissues. The specific binding of these antibodies to the target tissue depends on various factors such as the epitope, glycosylation, and other biochemical modifications of the target tissues.

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Market Dynamics

Increasing prevalence of different types of cancer including breast cancer, lung cancer, and cervical cancer is expected to drive growth global bispecific antibodies market during the forecast period. According to the World Health Organization (WHO), in 2018, around 9.6 million deaths were attributed to cancer, of which 2.09 million cases were lung cancer. According to the World Cancer Research Fund (WCRF), in 2018, around 2 million new cases of breast cancer were recorded across the globe. Bispecific antibodies are the most preferred and efficient method of treatment for the above-mentioned cancer types.

However, technical complexity related to the treatment procedure of bispecific antibodies is expected to hinder the global bispecific antibodies market growth over the forecast period.

Impact of COVID-19 Pandemic

The demand for bispecific antibodies has increased since the outbreak of the COVID-19 pandemic. Some research activities carried across the globe have shown that bispecific antibodies can be used in the treatment of COVID-19, especially with growing concerns regarding its mutations. However, stringent regulations on physical distancing and lockdown policies negatively affected the global bispecific antibodies market with disruption in supply chain and R&D activities.

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Key Takeaways

• The global bispecific antibodies market is expected to witness significant growth, exhibiting a CAGR of XX% during the forecast period. This is owing to continuous R&D activities in the field of biopharmaceuticals. For instance, in June 2021, Luye Pharma Group published research results for its novel in-house bispecific antibody BA1202 (CEA/CD3 bispecific T-cell engager) in Antibody Therapeutics.
• Among regions, North America is expected to witness significant growth in the global bispecific antibodies market during the forecast period. This is owing to rising cases of cancer in the region. According to the American Society of Clinical Oncology (ASCO), around 147,950 adults in the U.S. were diagnosed with colorectal cancer, of which 104,610 new cases of colon cancer and 43,340 new cases of rectal cancer.

Asia Pacific is expected to register lucrative growth, owing to extensive investment in healthcare infrastructure.

• Key players involved in the global bispecific antibodies market are Amgen, Inc., F. Hoffmann-La Roche AG, Bayer AG, Novartis AG, Dow Pharmaceutical Solutions, Pfizer, Inc., and ImmunGene, Inc.

Why this is Important Report to you? It helps:

• To analyze and study the Global Bispecific Antibodies Market capacity, production, value, consumption, status Focuses on the Key Bispecific Antibodies manufacturers, to study the capacity, production, value, market share and development plans in future.

• Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.

• To define, describe and forecast the market by type, application, and region.

• To analyze the global and key regions market potential and advantage, opportunity, and challenge, restraints, and risks.

• To identify significant trends and factors driving or inhibiting market growth.

• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the Bispecific Antibodies Market.

• To strategically profile the key players and comprehensively analyze their growth strategies.

• It provides a forward-looking perspective on different factors driving or restraining Market growth.

• It provides a six-year forecast assessed on the basis of how the Market is predicted to grow.

• It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors.

• It helps in making informed business decisions by having complete insights and by making an in-depth analysis of Market segment

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In conclusion, the Bispecific Antibodies market report presents the descriptive analysis of the parent market supported elite players, present, past, and artistic movement information which is in a position to function as a profitable guide for all the Bispecific Antibodies industry business competitors. Our expert research analyst’s team has been trained to supply in-depth marketing research reports from every individual sector which can be helpful to know the industry data within the most precise way.

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