Cancer is the leading cause of death across the globe currently. It starts from a single cell in the body genetically transforming a normal cell to a tumour and is eventually spread to other cells. Typically, drugs and chemotherapy are used as a treatment to cure cancer but, the adverse side effect that comes with them has made the pharmaceutical companies to concentrate on monoclonal antibodies.
Recent years have seen the emergence of monoclonal antibodies owing to its potentiality to offer less toxic and highly efficient alternatives to the patients. The antibodies have the ability to treat many diseases related to especially cancer, inflammatory and autoimmune. The antibodies comprises of identical cells which are clones of a single parent cells and directed towards specific targets cells. Thus monoclonal antibodies due to its specificity to target only cancer cell not effecting the healthy one, can be a more efficient way of treating cancer than chemotherapies or drugs.
Increased prevalence of cancer disease is the primary driver for the market. It has led many pharmaceutical companies to invest heavily in monoclonal antibodies due to its customizable nature of attacking only the cancer cell. The other drivers for the market include advancements in target gene selection, increasing investments in R&D of genomic studies and genetic sequencing and specificity of antibodies to target only the cancer cells. There are also hurdles prevailing for the monoclonal antibodies market like high costs of development, longer periods required for clinical trials, strict guidelines by the governments and research & development.
The Cancer Monoclonal Antibodies Market is segmented as following: Based on Application: Liver Breast Brain Blood Hodgkins and Non-Hodgkins lymphoma Colorectal Leukaemia Others Based on Type: Murine Antibodies Chimeric and Humanised Antibodies Fully Humanized Antibodies Based on Conjugate Cancer Therapies: Immunoliposome Radioimmunotherapy ADEPT Immunocytokines Others
The major companies operating in the Latin America Cancer Monoclonal Antibodies Market are Amgen, Roche, Immunogen, glaxosmithkline, Bristol Myers Squibb, Seattle Genetics, Eli Lilly, Novartis, Genmab, and Spectrum Pharmaceuticals.
The Cancer Monoclonal Antibodies Market study offers the following deliverables: Latin America, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the Latin America market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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