PUBLISHER: The Business Research Company | PRODUCT CODE: 1712678
PUBLISHER: The Business Research Company | PRODUCT CODE: 1712678
Breast cancer monoclonal antibodies (mAbs) represent a treatment approach employing antibodies in both early-stage and advanced breast cancer scenarios. These antibodies operate by recognizing and binding to specific proteins present on cancer cells. Each mAb targets a distinct protein, necessitating the creation of diverse mAbs to address different cancer types. Their function involves various methods to eliminate cancer cells, depending on the targeted protein.
Two primary types of breast cancer monoclonal antibodies exist: naked mAbs and conjugated mAbs. Naked mAbs refer to antibodies devoid of drugs or radioactive substances, self-contained in their structure. This category constitutes the most common type of mAb used in combating cancer. The treatments involving breast cancer monoclonal antibodies encompass a spectrum including chemotherapy, surgery, radiation therapy, targeted therapy, biologic therapy, and hormone therapy. These treatments find utilization across various healthcare sectors, including hospitals and retail pharmacies, offering diverse therapeutic options for individuals combating breast cancer.
The breast cancer monoclonal antibodies (mAbs) market research report is one of a series of new reports from The Business Research Company that provides breast cancer monoclonal antibodies (mAbs) market statistics, including breast cancer monoclonal antibodies (mAbs) industry global market size, regional shares, competitors with a breast cancer monoclonal antibodies (mAbs) market share, detailed breast cancer monoclonal antibodies (mAbs) market segments, market trends and opportunities, and any further data you may need to thrive in the breast cancer monoclonal antibodies (mAbs) industry. This breast cancer monoclonal antibodies (mAbs) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The breast cancer monoclonal antibodies market size has grown strongly in recent years. It will grow from $18.97 billion in 2024 to $20.18 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to the rising prevalence of breast cancer, increasing awareness of breast cancer monoclonal antibodies, growing clinical efficacy, and patient demand.
The breast cancer monoclonal antibodies market size is expected to see strong growth in the next few years. It will grow to $27.8 billion in 2029 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to emerging targets, biosimilars, combination therapies, global incidence and aging population, and personalized medicine. Major trends in the forecast period include advances in early breast cancer detection, immunotherapy integration, liquid biopsies, companion diagnostics, adjuvant and neoadjuvant therapies, and long-term survivorship support.
The expanding incidence of breast cancer globally is poised to fuel the growth of the breast cancer monoclonal antibody market. As of January 2023, statistics from the American Cancer Society revealed a notable increase in breast cancer cases, rising from 284,200 cases in 2021 to 300,590 in 2023, signifying a 5.76% growth. This upsurge in breast cancer prevalence globally is projected to serve as a significant driver propelling the demand for monoclonal antibodies specifically designed for breast cancer treatment.
Anticipated growth in the breast cancer monoclonal antibodies market is attributed to government initiatives and funding aimed at addressing breast cancer. Government initiatives encompass strategies, policies, and funding directed by governmental bodies to tackle breast cancer-related issues. Notably, in February 2023, the World Health Organization introduced the Global Breast Cancer Initiative Framework. This comprehensive framework aims to save 2.5 million lives by 2040 by advocating health promotion for early detection, timely diagnosis, and comprehensive breast cancer management. Such governmental interventions and financial support are expected to be pivotal in driving the market for breast cancer monoclonal antibodies.
Companies operating in the breast cancer monoclonal antibodies sector are strategically investing in targeted and combination therapies, proving to be more efficacious and less toxic than traditional treatment methods. Targeted cancer therapies involve drugs that selectively interfere with molecules specifically involved in cancer cell progression. This approach seeks to eliminate cancer cells while sparing normal cells, potentially offering more effectiveness compared to conventional chemotherapy and radiotherapy. Additionally, combination therapy, involving the use of multiple drugs for a single disease, has shown promising outcomes. For instance, in May 2022, F. Hoffmann-La Roche AG launched PHESGO, an innovative breast cancer treatment combining two monoclonal antibodies, Perjeta and Herceptin, along with hyaluronidase. Administered via subcutaneous injection in tandem with intravenous chemotherapy, PHESGO caters to early and metastatic breast cancer management, pioneering a fixed-dose formulation in oncology. This strategic investment in novel therapies indicates the direction of the breast cancer monoclonal antibodies market.
In December 2023, Pfizer Inc., a pharmaceutical and biotechnology company based in the United States, acquired Seagen Inc. for $42 billion. This acquisition is intended to bolster Pfizer's position in the oncology market by expanding its portfolio of innovative cancer therapies, with a particular focus on developing targeted treatments for various types of cancer, including breast cancer. Seagen Inc. is also a U.S.-based biotechnology company that specializes in creating innovative therapies for cancer treatment, particularly utilizing monoclonal antibodies and antibody-drug conjugates.
Major companies operating in the breast cancer monoclonal antibodies market include Amgen Inc., Mylan N.V., Merck & Co. Inc., Novartis AG, GlaxoSmithKline plc., Daiichi Sankyo Company Ltd., Biocad, Boehringer Ingelheim International GmbH, Bristol-Myers Squibb Company, Celldex Therapeutics Inc., Celltrion Inc., F. Hoffmann-La Roche AG, Immunomedics Inc., MacroGenics Inc., Pfizer Inc., Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., Puma Biotechnology Inc., Seattle Genetics Inc., AstraZeneca plc, Eddingpharm, Eisai Co. Ltd., ImmunoGen Inc., Eli Lilly and Company, AbbVie Inc., Johnson & Johnson, Mersana Therapeutics Inc., Immunocore Limited, Immunovative Therapies Ltd.
North America was the largest region in the breast cancer monoclonal antibodies market in 2024. The regions covered in the breast cancer monoclonal antibodies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the breast cancer monoclonal antibodies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The breast cancer monoclonal antibodies (mAbs) market consists of sales of trastuzumab, pertuzumab, bevacizumab, and rituximab. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Breast Cancer Monoclonal Antibodies Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on breast cancer monoclonal antibodies market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for breast cancer monoclonal antibodies ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The breast cancer monoclonal antibodies market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.