Increasing incidences of chronic diseases and rise in demand to ensure quality services in healthcare to drive India monoclonal antibodies market
According to TechSci Research report, “India Monoclonal Antibodies Market By Type (Murine, Chimeric, Humanized, Human), By Application (Cancer, Cardiac/Cardiovascular, Neurological, Others), By Production (In vitro, In vivo), By Biomanufacturing (Originator, CMO), By End Users (Hospitals, Research Laboratories, Others), By Region, Forecast & Opportunities, FY2026”, the India monoclonal antibodies market is expected to grow at a steady rate during the forecast period. Monoclonal antibodies are replicas of a unique parallel cell derived from identical immune cells. The antibodies can bind to a particular antigen as they have monovalent affinity. These antibodies serve as an important tool to detect and purify substances, thus have important end use in biochemistry, molecular biology, and medicine. Growth in demand for personalized medicines and surge in development of therapeutic antibodies is expected to drive the market for monoclonal antibodies through FY2026. Advantages of monoclonal antibodies such as homogeneity, specificity and large-scale production are expected to further boost its growth. The market for monoclonal antibodies is driven by persistent innovation in drug development and discovery and increasing incidences of chronic diseases. The emergence of advanced technologies and launch of innovative products in the biotechnology coupled with growth in the economy is helping in the market growth of monoclonal antibodies. Increasing R&D investment and ease in the availability of various resources used in the research centers are fueling the market growth in the country.
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The India monoclonal antibodies market is segmented based on type, application, production, biomanufacturing, end users, company and region. Based on type, the murine segment is expected to dominate the market share in the forecast period. Increasing number of people suffering from various health disorders is the reason for the growth of this segment in the forecast period. Based on end users, hospitals segment is expected to dominate the market share in the forecast period due to increase in the number of hospitals and healthcare centers in the country. Besides, growing geriatric population is another factor for the growth of this segment.
Novartis International AG, Johnson & Johnson, Bristol Myers Squibb Company, F. Hoffmann-La Roche AG, Amgen Inc., Merck & Co. Inc., Eli Lilly and Company, Biocon Limited, AstraZeneca PLC, Pfizer Inc. and others are some of the leading players operating in India monoclonal antibodies market. The companies operating in the market are using strategies such as product launches, mergers and collaborations to boost their share in the country.
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“India monoclonal antibodies market is expected to register significant growth during the forecast period. The increased importance given to state infection control and management and the growing prevalence of lifestyle-related health issues are the key driving factors for the growth of monoclonal antibodies market in India. The market will continue to grow, owing to amplified public investments for research and technological developments in the country. Improvement in healthcare infrastructure is also one of the major factors for the growth of monoclonal antibodies market. The advancements in genomics research and development activities is expected to contribute to the market growth in the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“India Monoclonal Antibodies Market By Type (Murine, Chimeric, Humanized, Human), By Application (Cancer, Cardiac/Cardiovascular, Neurological, Others), By Production (In vitro, In vivo), By Biomanufacturing (Originator, CMO), By End Users (Hospitals, Research Laboratories, Others), By Region, Forecast & Opportunities, FY2026”, has evaluated the future growth potential of India monoclonal antibodies market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India monoclonal antibodies market.
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