Asia Pacific Next Generation Antibody Market
Asia Pacific Next Generation Antibody Market, By Therapeutic Area (Oncology, Autoimmune/Inflammatory); By Technology (Antibody-Drug Conjugates (ADC's), Bispecific Antibodies, FC Engineered Antibodies, Antibody Fragments and Antibody-like Proteins, Biosimilar Antibody Products); By Country (China, India, Japan, South Korea, Indonesia, Vietnam, Malaysia, Rest of Asia Pacific), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: January 2024
- Report ID: BWC24052
- Available Format: PDF
- Page: 200
Report Overview
A growing demand for targeted therapies, increasing investments in biotechnology research, rising prevalence of chronic diseases, and advancements in antibody technology are key driving factors propelling the growth of the Asia Pacific Next Generation Antibody Market during the forecast period between 2024 and 2030.
Asia Pacific Next Generation Antibody Market – Industry Trends & Forecast Report, 2030
The Asia Pacific Next Generation Antibody Market size was estimated at USD 1,024.31 million in 2023. During the forecast period between 2024 and 2029, the size of Asia Pacific Next Generation Antibody Market is projected to grow at a CAGR of 12.36% reaching a value of USD 2,061.23 million by 2030. The Asia Pacific Next Generation Antibody Market is propelled by a rising demand for targeted therapies, advancements in biotechnology, and increasing prevalence of chronic diseases. Collaborations between pharmaceutical companies and research institutions, along with growing investments in research and development, contribute to market expansion. Additionally, the region's supportive regulatory environment and a burgeoning biopharmaceutical industry further drive innovations in next generation antibody therapies. The rising adoption of personalized medicine and the quest for more effective and safer treatment options enhance the market growth, positioning the Asia Pacific region as a key player in the development and commercialization of next generation antibodies.
Next Generation Antibody – Overview
Next generation antibodies represent an advanced class of therapeutic proteins designed to enhance traditional antibody capabilities. Engineered for improved target specificity, binding affinity, and reduced side effects, they often incorporate novel formats such as bispecific or multi-specific antibodies. Additionally, advancements in technologies like phage display, transgenic animals, and computational modeling contribute to their development. The antibodies hold significant promise in treating various diseases, including cancer and autoimmune disorders, offering more precise and potent therapeutic options compared to conventional antibodies. The innovative design aims to address challenges and enhance therapeutic efficacy in diverse medical applications.
Asia Pacific Next Generation Antibody Market
Growth Drivers
Escalating Incidence of Chronic Diseases
In an era marked by a rising prevalence of chronic diseases across the Asia Pacific region, the Next Generation Antibody Market is experiencing unprecedented growth. The surge is attributed to the pressing need for advanced therapeutic solutions, propelling the market to new heights. As the healthcare landscape evolves to combat complex diseases, the demand for innovative antibody therapies continues to skyrocket, positioning the Asia Pacific market as a pivotal player in the global biopharmaceutical landscape.
Challenges
Innovative Solutions Needed to Address Soaring Expenses
The Asia Pacific Next Generation Antibody Market grapples with the formidable challenge of high costs linked to development and manufacturing. The financial burden, encompassing research, clinical trials, and production expenses, poses a significant barrier to market growth. Stakeholders must explore creative and cost-effective strategies to navigate the restraint, fostering collaborations, leveraging technology, and implementing efficient production methods to propel the market forward in the face of financial challenges.
Impact of Escalating Geopolitical Tensions on Asia Pacific Next Generation Antibody Market
The Asia Pacific Next Generation Antibody Market is significantly influenced by escalating geopolitical tensions, particularly involving major players such as China, the United States, and neighboring nations. This complex geopolitical dynamic creates a ripple effect on the antibody market, impacting trade restrictions, export controls, and international relations. The resulting disruptions in the supply chain for next generation antibody-related products, coupled with regulatory hurdles and political uncertainties, pose challenges to collaborative research efforts and hinder the flow of crucial information for innovation in antibody development. Geopolitical tensions may also prompt shifts in research and development investments, leading to disparities in technological advancements and market growth among nations in the region. Additionally, the tensions could affect the regulatory environment, potentially altering approval processes for next generation antibody therapies and requiring companies to adapt their strategic plans. The market's overall progress is intricately linked to geopolitical realities, and any escalation in tensions has the potential to reshape the landscape significantly.
Asia Pacific Next Generation Antibody Market
Segmental Coverage
Asia Pacific Next Generation Antibody Market – By Therapeutic Area
Based on therapeutic area, Asia Pacific Next Generation Antibody Market is divided into Oncology and Autoimmune/Inflammatory segments. The oncology segment is a larger therapeutic area in the market. Both oncology and autoimmune/inflammatory segments represent critical areas in the region's healthcare landscape, reflecting the demand for advanced antibody therapies to address diverse medical challenges. The market's focus on oncology highlights a commitment to advancing cancer treatment, while the autoimmune/inflammatory segment underscores the importance of addressing conditions related to the immune system. Together, the segments signify the growing significance of next generation antibody solutions in tackling major health concerns across the Asia Pacific region
Asia Pacific Next Generation Antibody Market – By Technology
Based on technology, Asia Pacific Next Generation Antibody Market is divided into Antibody-Drug Conjugates (ADCs), Bispecific Antibodies, FC Engineered Antibodies, Antibody Fragments & Antibody-like Proteins, and Biosimilar Antibody product segments. The antibody-drug conjugates (ADCs) segment is the largest technology in the Asia Pacific Next Generation Antibody Market. The innovative segment combines monoclonal antibodies with cytotoxic drugs, targeting specific cancer cells while minimizing damage to healthy cells. ADCs represent a significant advancement in cancer treatment, contributing to the market's growth. Other segments, such as bispecific antibodies, FC-engineered antibodies, antibody fragments, antibody-like proteins, and biosimilar antibody products, also play crucial roles in shaping the market landscape and addressing diverse therapeutic needs. However, ADCs stand out as the dominant and impactful segment in the dynamic landscape of next generation antibody development in the Asia Pacific region.
Asia Pacific Next Generation Antibody Market – By Country
Based on country, Asia Pacific Next Generation Antibody Market is divided into China, India, Japan, South Korea, Indonesia, Vietnam, Malaysia, and Rest of Asia Pacific. China holds the largest market share, exhibiting substantial growth in the next generation antibody market. The country's increasing investments in research and development, coupled with a growing demand for advanced therapeutic antibodies, contribute significantly to its dominant position in the regional market. This underscores China's pivotal role in shaping the future landscape of next generation antibody advancements in the Asia Pacific region.
Competitive Landscape
Major players in the Asia Pacific Next Generation Antibody Market include F. Hoffmann-La Roche Ltd, Kyowa Kirin Co., Ltd, Seagen Inc., ImmunoGen, Inc., Takeda Pharmaceutical Company Limited, Amgen Inc., and Pfizer Inc. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the Asia Pacific Next Generation Antibody Market.
Recent Developments
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In July 2021 - Roche announced that Japan's Ministry of Health, Labour and Welfare (MHLW) had approved Ronapreve (casirivimab and imdevimab) to treat patients with mild to moderate COVID-19 via intravenous infusion.
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In December 2020 - CEPI, the Coalition for Epidemic Preparedness Innovations, announced a collaboration with South Korea-based SK Bioscience to advance the development of a next generation vaccine against SARS-CoV-2, the virus that causes COVID-19.
Scope of Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2023 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
Revenue in USD Million |
Market Coverage |
China, India, Japan, South Korea, Indonesia, Vietnam, Malaysia, Rest of Asia Pacific |
Product/Service Segmentation |
Therapeutic Area, Technology, Country |
Key Players |
F. Hoffmann-La Roche Ltd, Kyowa Kirin Co., Ltd, Seagen Inc., ImmunoGen, Inc., Takeda Pharmaceutical Company Limited, Amgen Inc., Pfizer Inc. |
By Therapeutic Area
-
Oncology
-
Autoimmune/Inflammatory
By Technology
-
Antibody-Drug Conjugates (ADC's)
-
Bispecific Antibodies
-
FC Engineered Antibodies
-
Antibody Fragments & Antibody-like Proteins
-
Biosimilar Antibody Products
By Country
-
China
-
India
-
Japan
-
South Korea
-
Indonesia
-
Vietnam
-
Malaysia
-
Rest of Asia Pacific
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Asia Pacific Next Generation Antibody Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- The rising prevalence of chronic diseases
- Increasing investment in antibody research and development
- Restraints
- High costs associated with development and manufacturing
- Opportunities
- Advancement in technology
- Challenges
- Complex regulatory environment
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Industry Value Chain Analysis
- Asia Pacific Next Generation Antibody Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Therapeutic Area
- Oncology
- Autoimmune/Inflammatory
- By Technology
- Antibody-Drug Conjugates (ADC's)
- Bispecific Antibodies
- FC Engineered Antibodies
- Antibody Fragments and Antibody-like Proteins
- Biosimilar Antibody Products
- By Country
- China
- India
- Japan
- South Korea
- Indonesia
- Vietnam
- Malaysia
- Rest of Asia Pacific
- By Therapeutic Area
- Market Size & Forecast, 2019–2030
- China Next Generation Antibody Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Therapeutic Area
- By Technology
- Market Size & Forecast, 2019–2030
- India Next Generation Antibody Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Therapeutic Area
- By Technology
- Market Size & Forecast, 2019–2030
- Japan Next Generation Antibody Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Therapeutic Area
- By Technology
- Market Size & Forecast, 2019–2030
- South Korea Next Generation Antibody Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Therapeutic Area
- By Technology
- Market Size & Forecast, 2019–2030
- Indonesia Next Generation Antibody Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Therapeutic Area
- By Technology
- Market Size & Forecast, 2019–2030
- Vietnam Next Generation Antibody Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Therapeutic Area
- By Technology
- Market Size & Forecast, 2019–2030
- Malaysia Next Generation Antibody Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Therapeutic Area
- By Technology
- Market Size & Forecast, 2019–2030
- Rest of Asia Pacific Next Generation Antibody Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Therapeutic Area
- By Technology
- Market Size & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Offerings
- Asia Pacific Next Generation Antibody Company Market Share Analysis, 2023
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Escalating Geopolitical Tensions on Asia Pacific Next Generation Antibody Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- F. Hoffmann-La Roche Ltd
- Kyowa Kirin Co., Ltd
- Seagen Inc.
- ImmunoGen, Inc.
- Takeda Pharmaceutical Company Limited
- Amgen Inc.
- Pfizer Inc.
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Asia Pacific Next Generation Antibody Segmentation
Figure 2 Asia Pacific Next Generation Antibody Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Asia Pacific Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Figure 5 Asia Pacific Next Generation Antibody Market Share, By Therapeutic Area, By Value, 2019–2030
Figure 6 Asia Pacific Next Generation Antibody Market Share, By Technology, By Value, 2019–2030
Figure 7 Asia Pacific Next Generation Antibody Market Share, By Country, By Value, 2019–2030
Figure 8 China Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Figure 9 China Next Generation Antibody Market Share, By Therapeutic Area, By Value, 2019–2030
Figure 10 China Next Generation Antibody Market Share, By Technology, By Value, 2019–2030
Figure 11 India Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Figure 12 India Next Generation Antibody Market Share, By Therapeutic Area, By Value, 2019–2030
Figure 13 India Next Generation Antibody Market Share, By Technology, By Value, 2019–2030
Figure 14 Japan Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Figure 15 Japan Next Generation Antibody Market Share, By Therapeutic Area, By Value, 2019–2030
Figure 16 Japan Next Generation Antibody Market Share, By Technology, By Value, 2019–2030
Figure 17 South Korea Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Figure 18 South Korea Next Generation Antibody Market Share, By Therapeutic Area, By Value, 2019–2030
Figure 19 South Korea Next Generation Antibody Market Share, By Technology, By Value, 2019–2030
Figure 20 Australia & New Zealand Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Figure 21 Australia & New Zealand Next Generation Antibody Market Share, By Therapeutic Area, By Value, 2019–2030
Figure 22 Australia & New Zealand Next Generation Antibody Market Share, By Technology, By Value, 2019–2030
Figure 23 Indonesia Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Figure 24 Indonesia Next Generation Antibody Market Share, By Therapeutic Area, By Value, 2019–2030
Figure 25 Indonesia Next Generation Antibody Market Share, By Technology, By Value, 2019–2030
Figure 26 Malaysia Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Figure 27 Malaysia Next Generation Antibody Market Share, By Therapeutic Area, By Value, 2019–2030
Figure 28 Malaysia Next Generation Antibody Market Share, By Technology, By Value, 2019–2030
Figure 29 Singapore Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Figure 30 Singapore Next Generation Antibody Market Share, By Therapeutic Area, By Value, 2019–2030
Figure 31 Singapore Next Generation Antibody Market Share, By Technology, By Value, 2019–2030
Figure 32 Vietnam Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Figure 33 Vietnam Next Generation Antibody Market Share, By Therapeutic Area, By Value, 2019–2030
Figure 34 Vietnam Next Generation Antibody Market Share, By Technology, By Value, 2019–2030
Figure 35 Rest of APAC Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Figure 36 Rest of APAC Next Generation Antibody Market Share, By Therapeutic Area, By Value, 2019–2030
Figure 37 Rest of APAC Next Generation Antibody Market Share, By Technology, By Value, 2019–2030
List of Tables
Table 1 Asia Pacific Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Table 2 Asia Pacific Next Generation Antibody Market Size, By Therapeutic Area, By Value, 2019–2030
Table 3 Asia Pacific Next Generation Antibody Market Size, By Technology, By Value, 2019–2030
Table 4 Asia Pacific Next Generation Antibody Market Size, By Country, By Value, 2019–2030
Table 5 China Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Table 6 China Next Generation Antibody Market Size, By Therapeutic Area, By Value, 2019–2030
Table 7 China Next Generation Antibody Market Size, By Technology, By Value, 2019–2030
Table 8 India Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Table 9 India Next Generation Antibody Market Size, By Therapeutic Area, By Value, 2019–2030
Table 10 India Next Generation Antibody Market Size, By Technology, By Value, 2019–2030
Table 11 Japan Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Table 12 Japan Next Generation Antibody Market Size, By Therapeutic Area, By Value, 2019–2030
Table 13 Japan Next Generation Antibody Market Size, By Technology, By Value, 2019–2030
Table 14 South Korea Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Table 15 South Korea Next Generation Antibody Market Size, By Therapeutic Area, By Value, 2019–2030
Table 16 South Korea Next Generation Antibody Market Size, By Technology, By Value, 2019–2030
Table 17 Australia & New Zealand Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Table 18 Australia & New Zealand Next Generation Antibody Market Size, By Therapeutic Area, By Value, 2019–2030
Table 19 Australia & New Zealand Next Generation Antibody Market Size, By Technology, By Value, 2019–2030
Table 20 Indonesia Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Table 21 Indonesia Next Generation Antibody Market Size, By Therapeutic Area, By Value, 2019–2030
Table 22 Indonesia Next Generation Antibody Market Size, By Technology, By Value, 2019–2030
Table 23 Malaysia Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Table 24 Malaysia Next Generation Antibody Market Size, By Therapeutic Area, By Value, 2019–2030
Table 25 Malaysia Next Generation Antibody Market Size, By Technology, By Value, 2019–2030
Table 26 Singapore Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Table 27 Singapore Next Generation Antibody Market Size, By Therapeutic Area, By Value, 2019–2030
Table 28 Singapore Next Generation Antibody Market Size, By Technology, By Value, 2019–2030
Table 29 Vietnam Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Table 30 Vietnam Next Generation Antibody Market Size, By Therapeutic Area, By Value, 2019–2030
Table 31 Vietnam Next Generation Antibody Market Size, By Technology, By Value, 2019–2030
Table 32 Rest of APAC Next Generation Antibody Market Size, By Value (USD Million), 2019–2030
Table 33 Rest of APAC Next Generation Antibody Market Size, By Therapeutic Area, By Value, 2019–2030
Table 34 Rest of APAC Next Generation Antibody Market Size, By Technology, By Value, 2019–2030
Table 35 F. Hoffmann-La Roche Ltd Generation Company Overview
Table 36 F. Hoffmann-La Roche Ltd Generation Financial Overview
Table 37 Kyowa Kirin Co., Ltd Company Overview
Table 38 Kyowa Kirin Co., Ltd Financial Overview
Table 39 Seagen Inc. Company Overview
Table 40 Seagen Inc. Financial Overview
Table 41 ImmunoGen, Inc. Company Overview
Table 42 ImmunoGen, Inc. Financial Overview
Table 43 Takeda Pharmaceutical Company Limited Company Overview
Table 44 Takeda Pharmaceutical Company Limited Financial Overview
Table 45 Amgen Inc. Company Overview
Table 46 Amgen Inc. Financial Overview
Table 47 Pfizer Inc. Company Overview
Table 48 Pfizer Inc. Financial Overview
Market Segmentation
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