The global monoclonal antibodies market was valued at USD 185.07 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% during the forecast period. The market's growth is driven by increasing prevalence of chronic diseases such as cancer, autoimmune disorders, and infectious diseases, along with rising adoption of targeted therapies.

Key Market Drivers

• Rising demand for personalized medicine and biologics
• Expanding application in oncology, immunology, and infectious diseases
• Technological advancements in antibody engineering and production
• Growing approvals and launches of new monoclonal antibody therapies

Leading Market Players

• Abbott Laboratories
• Amgen Inc.
• AstraZeneca plc
• Bayer AG
• Biogen Inc.
• Bristol Myers Squibb
• Daiichi Sankyo Company Limited
• Eli Lilly and Company
• F. Hoffmann-La Roche Ltd.
• GlaxoSmithKline plc
• Johnson & Johnson Services, Inc.
• Merck & Co., Inc.
• Merck KGaA
• Novo Nordisk A/S
• Novartis
• Pfizer Inc.
• Sanofi S.A.
• Thermo Fisher Scientific, Inc.
• Viatris Inc.

Market Outlook
As biologics continue to gain prominence in global therapeutics, the monoclonal antibodies market is expected to witness sustained growth. Increasing investments in R&D, coupled with a strong pipeline of monoclonal antibody candidates, will further enhance the market's trajectory through the coming years.

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