Bispecific antibodies have demonstrated the capability to address the existing challenges associated with monoclonal antibodies, such as high manufacturing costs, limited applicability in assays and the general lack of understanding of precise in vivo mechanisms of action. The ‘Bispecific Antibody Therapeutics Market (3rd Edition), 2017-2030’report provides a comprehensive study of the current landscape of bispecific antibodies, featuring an elaborate discussion on the future potential of this upcoming market. Some of the most interesting insights from our study are presented below.
Start-Ups / Small Companies are Constantly Fostering Innovation
The contemporary market landscape has over 85 players and is well distributed across small, mid-sized and large pharmaceutical companies
The Development Pipeline is Extremely Robust and Evolving Rapidly With over 200 unique product candidates, bispecific antibodies have captured significant attention within the pharmaceutical industry
Multiple Mechanisms of Action Are Currently Being Explored
With one drug already available in the market, T-cell engagement is currently the most popular Mechanism of Action; however, other mechanisms are also being investigated
Several companies have developed proprietary bispecific antibody generation platforms, each having its own distinguishing features
Growing Number of Collaborations is Indicative of Long-Term Potential
Over the years, several collaborations have also been established in this niche domain; majority of these are focused on R&D activities and / or licensing deals
The Overall Opportunity is Likely to be Well Distributed
Our future market outlook is highly optimistic as we expect several new drugs to get approved and launched in the coming years. In fact, by 2030, we project the market to grow at an annualized rate of ~34%
Post Commercialization, Promotional / Marketing Strategies will Hold the Key
To fully monetize this opportunity post product commercialization, companies will have to be innovative in employing diverse promotional strategies
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