(EMAILWIRE.COM, January 17, 2017 ) According to the report North America Cancer Monoclonal Antibodies Market, published by Market Data Forecast, the market is projected to reach USD 45 Billion by 2021, growing at a CAGR of 11.2 % from 2016 to 2021. This growth in this region is mainly due to the contribution of United States which is suffering with high incidences of various cancers.

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These are the mono-specific antibodies bodies consisting of similar immune cells that are clones of a single parent cells and are administered to a certain cellular targets. Thus, Monoclonal Antibodies are highly customizable because of its particular nature and are playing an important role in terminating the cancerous cell while sparing the normal cells during the cancer treatment. The monoclonal antibodies are proved to be more effective than chemotherapies and drugs for cancer treatment due to its specificity.

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The major factors which are driving the monoclonal market are drastic incline in the cancer cases has led major pharmaceutical companies to invest in monoclonal antibodies market. Inclining investment in research and development of genomic studies, technological development in genetic sequencing and target gene selection, specificity of monoclonal antibodies to target only the cancer cells with no side effects.

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Monoclonal Antibodies Market is segmented on the basis of application, type and Conjugated Cancer therapies.
By Application
• Liver
• Breast
• Brain
• Blood
• Hodgkins and Non-Hodgkins lymphoma
• Colorectal
• Leukaemia
• And others
By Type
• Murine Antibodies
• Chimeric and Humanised Antibodies
• Fully Humanized Antibodies
Conjugated Cancer Therapies
• Immunoliposome
• Radioimmunotherapy
• ADEPT
• Immunocytokines
• And others

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The highly customizable nature of the monoclonal antibodies are attracting various organizations, research institutes and multinational companies to use it as a tool to cure cancer. The major players in the Cancer Monoclonal Antibodies Market are Amgen, Genmab, GlaxoSmithKline, Bristol Meyer Squibb, Roche, Eli Lilly, Immunogen, Novartis, Seattle Genetics and Spectrum Pharmaceuticals.

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Scope of the Cancer Monoclonal Antibodies Market Study:
• 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 global 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 Porter’s 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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