Europe Cancer Monoclonal Antibodies Market is poised to reach $11.8 billion by 2020
Europe Cancer Monoclonal Antibodies Market by application (Liver, Breast, Blood, Brain, Hodgkin’s and Non-Hodgkin’s lymphoma, Colorectal, leukaemia and others)
(EMAILWIRE.COM, November 30, 2017 ) The Europe Cancer Monoclonal Antibodies Market is a USD 7 billion market in 2015 and is estimated to reach USD 11.8 billion by 2020 with a growth rate of 10.9%. Cancer is the cause of death for millions of people around the world. Cancer, which starts from a single cell is gradually transformed to other cells by genetically transforming a normal cell to tumour. The dramatic increase in the size of cancer patients has made the pharmaceutical firms to shift their focus towards monoclonal antibodies market. The traditional way of treating cancer includes usage of drugs like chemotherapy agents which has adverse side effects. This prompted the usage of monoclonal antibodies to treat cancer.
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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 has the ability to treat many diseases related to inflammatory, autoimmune and especially cancer. 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 leaving behind the healthy one, can be a more efficient way of treating cancer than chemotherapies or drugs.
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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 increasing investments in R&D of genomic studies, advancements in target gene selection 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, strict guidelines by the governments, longer periods required for clinical trials and research & development.
Market Segmentation
• By Application
• By Type
• Conjugate Cancer Therapies
• Geographical Analysis
o U.K
o Spain
o Germany
o Italy
o France
Many pharmaceutical companies and governments are funding huge sums for research & development of monoclonal drugs to use it as a tool to cure cancer.
The major players in the Cancer Monoclonal Antibodies Market
• Amgen
• Genmab
• Glaxosmithkline
• Bristol Myers Squibb
• Roche
• Eli Lilly
• Immunogen
• Novartis
• Seattle Genetics
• Spectrum Pharmaceuticals.
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
View Full Report @ http://www.marketdataforecast.com/market-reports/europe-cancer-monoclonal-antibodies-market-186/
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 has the ability to treat many diseases related to inflammatory, autoimmune and especially cancer. 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 leaving behind the healthy one, can be a more efficient way of treating cancer than chemotherapies or drugs.
Buy now Report @ http://www.marketdataforecast.com/cart/buy-now/europe-cancer-monoclonal-antibodies-market-186
Download Free Sample Report @ http://www.marketdataforecast.com/market-reports/europe-cancer-monoclonal-antibodies-market-186/request-sample
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 increasing investments in R&D of genomic studies, advancements in target gene selection 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, strict guidelines by the governments, longer periods required for clinical trials and research & development.
Market Segmentation
• By Application
• By Type
• Conjugate Cancer Therapies
• Geographical Analysis
o U.K
o Spain
o Germany
o Italy
o France
Many pharmaceutical companies and governments are funding huge sums for research & development of monoclonal drugs to use it as a tool to cure cancer.
The major players in the Cancer Monoclonal Antibodies Market
• Amgen
• Genmab
• Glaxosmithkline
• Bristol Myers Squibb
• Roche
• Eli Lilly
• Immunogen
• Novartis
• Seattle Genetics
• Spectrum Pharmaceuticals.
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results