The market research report on Bispecific Antibody Therapeutics focuses on current trends, cutting-edge methodologies, market forecasts, and market share for the projected period, all of which will enhance the core decision-making processes within the industry. The report encompasses a comprehensive overview, detailing factors such as constraints, drivers, risks, opportunities, investment prospects, challenges, and recommendations. It extensively explains pricing strategies, geographical data, key strategies, competitive company analysis, developmental plans, and varied financial systems within the Bispecific Antibody Therapeutics market. The diverse array of products available in the market is tracked in terms of production volume, revenue, market structure, and supply and demand dynamics.

The information utilized in this report is sourced from reliable outlets like journals, websites, and annual reports of companies, thoroughly examined and validated by industry experts. Vendors within the market compete based on pricing, quality, brand reputation, product differentiation, and their product portfolio. By referencing this report, these vendors can increasingly focus on product enhancements. The Bispecific Antibody Therapeutics report offers a detailed analysis of the evolving competitive landscape, enabling readers to stay ahead of their competitors. Data is presented through various tables, graphs, and pie-charts for ease of comprehension and interpretation.

Data Bridge Market Research analyses that the bispecific antibody therapeutics market was valued at USD 523.98 million in 2021 and is expected to reach USD 900.29 million by 2029, registering a CAGR of 7.0% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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In 2018, approximately 4,285,033 new cancer cases were detected in China, according to Globocan's estimations. As a result, the increased global prevalence of cancer necessitates new therapeutic choices, driving up demand for bispecific antibodies. Bispecific antibodies (BsAbs) are antibodies that can bind two distinct antigens simultaneously (or different epitopes of the same antigen). BsAbs have mostly been used to reroute cytotoxic immune effector cells for improved tumor cell killing via antibody-dependent cell-mediated cytotoxicity (ADCC) and other cytotoxic processes mediated by effector cells.

Key Growth Drivers:

  • High prevalence rate of cancer

The rise in prevalence rate of cancer across the globe will act as a major driver that will result in the expansion of the market's growth rate. According to the World Health Organization (WHO), cancer, after cardiovascular disorders, is the world's second greatest cause of death, according to the World Health Organization (WHO). It is, nonetheless, one of the most preventable chronic non-communicable diseases. Reduced tobacco use, healthier diets and physical exercise, reduced alcohol usage, and other measures can save approximately 40% of all cancer deaths. Sedentary lifestyle adoption is on the rise, indicating that a huge number of people are active, putting them at a higher risk of contracting cancer. Furthermore, a sedentary lifestyle that includes the consumption of fast food and packaged materials increases the risk of cancer. As a result, an increase in sedentary lifestyle adoption reflects an increase in cancer incidences, necessitating the development of improved cancer therapies.

  • Increasing investment for healthcare infrastructure

Another significant factor influencing the growth rate of the bispecific antibody therapeutics market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aims to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics.

The report outlines the involvement of key players, including:

Innovent Biologics, Inc. (China), Adimab (U.S.), Affimed GmbH (Germany), Xencor (U.S.), Pieris Pharmaceuticals, Inc. (U.S.), Mereo BioPharma Group plc (U.K.), Sobi (Sweden), TG Therapeutics, Inc (U.S.), Merus (Netherlands), MacroGenics, Inc (U.S.), Genmab A/S (Denmark), Emergent BioSolutions Inc (U.S.), Alteogen (South Korea), Pfizer Inc. (U.S.), GlaxoSmithKline plc (U.K.), Novartis AG (Switzerland), Allergan (Ireland), F. Hoffmann-La Roche Ltd. (Switzerland), Sanofi (France), AstraZeneca (U.K.), Eli Lilly and Company (U.S.), Astellas Pharma Inc. (Japan)

Key Market Segmentation

Indication (Oncology, Autoimmune Disease, Others), Drugs (Blinatumomab, Catumaxomab, Duligotumab, Others), Route of Administration (Intravenous, Subcutaneous, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others)

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