Market Research Projects Antibody Drugs Market at $58 Billion by 2016

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ROCKVILLE, MD--(Marketwire -02/27/12)- MarketResearch.com has announced the addition of the new report "Antibody Drugs: Technologies and Global Markets," to their collection of Biotechnology market reports. For more information, visit http://www.marketresearch.com/BCC-Research-v374/Antibody-Drugs-Technologies-Global-6823414/

During our forecast period from 2011 through 2016, eight new mAbs are forecast to enter the market, and sales of therapeutic mAbs are estimated to grow from approximately $43 billion in 2010 to nearly $58 billion in 2016. Sales of humanized and fully human antibodies for autoimmune/inflammatory diseases such as rheumatoid arthritis, ulcerative colitis, and multiple sclerosis are forecast to experience the fastest sales growth.

This period of dynamic growth for humanized and fully human antibodies plus the continued rollout of antibody-drug conjugates (ADCs), also called immunoconjugates, is expected to result in stagnating sales of chimeric antibodies from 2011 through 2016.

The global market for therapeutic monoclonal antibodies (mAbs) was estimated at $44.6 billion in 2011. With the rollout of at least eight new therapeutic mAb products and expanded indications for existing products expected during the forecast period, the global mAb market is expected to rise at a compound annual growth rate (CAGR) of 5.3% to nearly $58 billion in 2016.

The U.S. is projected to be the largest single market for therapeutic mAbs from 2011 to 2016. This particular market was nearly $19.8 billion in 2010 and reached $20.1 billion by 2011. BCC projects this market will grow to $27.4 billion by 2016, a CAGR of 6.4%.

Sales of mAbs in the rest of the world will remain higher than in the U.S. -- despite a higher CAGR in the U.S. versus the rest of the world. This market is expected to grow from $24.6 billion in 2011 to $30.3 billion in 2016 at a CAGR of 4.3%.

For more information, visit http://www.marketresearch.com/BCC-Research-v374/Antibody-Drugs-Technologies-Global-6823414/

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