Monoclonal antibodies are replicas of a unique parental cell derived from identical immune cells. These antibodies can bind to a particular antigen when administered, as they have monovalent affinity.

Monoclonal antibodies serve as an important tool to detect or purify substances, owing to their site specificity; thus, they have important end use in biochemistry, molecular biology, and medicine.

Comprehensive competitive analysis and profiles of major players, such as Pfizer, Inc., GlaxoSmithKline plc, Novartis AG, Merck & Co. Inc, Amgen Inc., Abbott Laboratories, AstraZeneca, Eli Lilly and Company, Mylan N.V., and Daiichi Sankyo Company, Ltd., are provided in this report.

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Growth in demand for personalized medicines and surge in development of therapeutic antibodies drives the monoclonal antibodies market. Moreover, advantages such as homogeneity, specificity, and large-scale production; and fewer side effects related to substitute drugs are expected to boost the market growth. However, high cost of R&D activities and expensive treatment options of monoclonal antibodies may restrain this growth.
The global monoclonal antibody market is segmented based on source, production, indication, end user, and region.

Based on source, it is classified into murine, chimeric, humanized, and human. Based on production, it is divided into in vivo and in vitro. Based on indication, it is segmented into cancer, autoimmune diseases, inflammatory diseases, infectious diseases, microbial diseases, and others. The end user includes hospitals, research institutes, and others. Based on region, it is analyzed across North America, Europe, Asia Pacific, and LAMEA.

These regions are further analyzed across the country level to determine the market size and forecast for each segment and sub-segment.

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Author's Bio: 

I am Srushti. My keen interest in reading and writing. I forayed into the field of writing due to my love for words and the urge to do something different. I have been a part of the content resource team here in Allied Market Research. We have a dedicated team for content development wherein, we coordinate with the Market Analysts and create a precise content. I am personally involved in writing content for user engagement. I owe a responsibility to make sure the content is rich and user-centric. Allied Market Research has given me the chance to gain knowledge about different subjects