The monoclonal antibody therapeutics market to reach $497.5 billion
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Ongoing, First published Mar 26, 2024
Market Dynamics: The monoclonal antibody therapeutics market, projected to reach USD 497.5 billion by 2029 from an estimated USD 252.6 billion in 2024, demonstrates a robust compound annual growth rate (CAGR) of 14.5% during the forecast period. This growth is fueled by several factors, including the increasing prevalence of chronic diseases such as cancer and autoimmune disorders, advancements in antibody engineering and production methods, and growing investments in research and development. Additionally, the expanding applications of monoclonal antibodies in personalized medicine further drive market expansion.
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