The global antibodies market is estimated to be valued at US$ 224,083.5 million in 2023 and is expected to exhibit a CAGR of 12.9% during the forecast period (2023-2030).
Figure 1. Global Antibodies Market Share (%), By Drug Type, 2023
Market Trends
Global Antibodies Market Trends
Market Trends: Key trends Driving Market Growth
Global Antibodies Market: Key Trends
Increasing authorizations for antibodies by the regulatory authorities
Increasing authorizations by the regulatory authorities is expected to drive the global antibodies market over the forecast period. For instance, in May 2021, Roche India, announced that the Central Drugs Standards Control Organization (CDSCO) has provided an Emergency Use Authorization (EUA) for Roche’s antibody cocktail (Casirivimab and Imdevimab) in India.
Figure 2. Global Antibodies Market Value (US$ Million), By Region, 2023
Global Antibodies Market – Market Trends
Increasing authorization for antibodies by the regulatory authorities
Increasing authorizations for antibodies by the regulatory authorities is expected to drive the global antibodies market over the forecast period. For instance, in May 2021, Roche India announced that the Central Drugs Standards Control Organization (CDSCO) has provided an Emergency Use Authorization (EUA) for Roche’s antibody cocktail (Casirivimab and Imdevimab) in India.
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