Bispecific antibodies (BsAbs) are a type of artificial protein that can bind to two different epitopes, or antigen targets, at the same time. This makes them a promising class of drugs for the treatment of various diseases, including cancer, immune disorders, and infectious diseases. BsAbs offer several advantages over traditional monoclonal antibodies, including increased specificity, enhanced potency, and the ability to simultaneously target multiple pathways. As a result, the bispecific antibody drug market has seen significant growth in recent years.
The global bispecific antibody drug market size was valued at USD 2.2 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 14.2% from 2022 to 2030.
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The growing prevalence of cancer and autoimmune diseases is a major driver of the bispecific antibody drug market. BsAbs offer a promising approach for the treatment of these diseases by simultaneously targeting multiple pathways and reducing the risk of resistance. Additionally, the increasing demand for targeted therapies is driving the growth of the bispecific antibody drug market. BsAbs offer a highly specific and targeted approach, which can reduce the risk of off-target effects and improve patient outcomes.
Despite the promising potential of bispecific antibodies, there are several challenges that are hindering their widespread adoption. One of the major challenges is the complexity of their development and manufacturing. BsAbs require advanced technology and expertise, which can increase their production costs and limit their availability. Additionally, regulatory hurdles and intellectual property issues can also pose a challenge to the development and commercialization of bispecific antibodies.
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Some of the Key Players Operating in the Global Bispecific Antibody Drug Market include:
- AbbVie Inc.
- Adimab, LLC
- Affimed GmbH
- Amgen Inc.
- AstraZeneca
- Biomunex
- Emergent BioSolutions Inc.
- Hoffmann-La Roche Ltd
- F-star Therapeutics Inc.
- MacroGenics, Inc.
- Merck KGaA
- Merus
- Pieris
- Zymeworks
- Other Market Participants
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Global Bispecific Antibody Drug Market Segmentation:
By Manufacturing Technology
- IgG-based bispecifics
- ScFv-based bispecifics
- CD3-based bispecifics
By Application
- Cancer
- Autoimmune Diseases
- Infectious Diseases
- Neurologic Diseases
- Cardiometabolic Diseases
- Others
By End-User
- Hospitals
- Research Institutions
- Others
By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
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