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Russia Monoclonal Antibodies Market Analysis

  • Report ID: GMI12101
  • Published Date: Nov 2024
  • Report Format: PDF

Russia Monoclonal Antibodies Market Analysis

Based on type, the market is segmented into humanized, fully human, chimeric, and other types. The humanized monoclonal antibody segment held a substantial market share of 48.4% in 2023 and is estimated to show lucrative growth opportunities in the coming year.
 

  • Humanization of antibodies entails substituting most of the mouse antibody framework with human antibody sequences, while retaining the crucial antigen-binding sites. This process yields a therapy with precise targeting capabilities, suitable for addressing a spectrum of conditions such as cancer, autoimmune disorders, and infectious diseases. These antibodies are engineered to specifically target disease-associated proteins, reducing the chances of triggering immune reactions.
     
  • The leading share of the humanized monoclonal antibody segment can be attributed to the significant focus of local manufacturers such as BIOCAD, Nanolek, Generium, and R-Pharm towards developing humanized monoclonal antibody-based biosimilars. For instance, biosimilars such as Avegra and Herticad offered by BIOCAD are humanized monoclonal antibodies.
     
  • Additionally, Russia's increasing prevalence of chronic diseases such as cancer, coupled with rising healthcare investments and a shift towards personalized medicine, is also driving the demand for sophisticated humanized monoclonal antibody therapies.
     
Russia Monoclonal Antibodies Market, By Application (2023)

Based on application, the Russia monoclonal antibodies market is segmented into oncology, autoimmune diseases, infectious diseases, and other applications. The oncology segment held a market share of 39.1% in 2023 and is estimated for sizable growth ahead.
 

  • Monoclonal antibodies have gained significant traction in oncology, which is estimated to reach USD 690 billion by 2032, due to their targeted therapeutic potential and the growing prevalence of cancer diagnoses.
     
  • These antibodies play a pivotal role in oncology by targeting specific antigens on cancer cells or modulating the immune system to combat tumors. By binding precisely to cancer cell markers, these antibodies can directly inhibit tumor growth, induce cell death, or enhance the body's immune response against cancer cells.
     
  • Key examples include trastuzumab (Herceptin), which targets the HER2 receptor frequently overexpressed in certain breast cancers, and bevacizumab (Avastin), which inhibits vascular endothelial growth factor (VEGF) to disrupt tumor blood supply.
     
  • Additionally, immune checkpoint inhibitors such as pembrolizumab (Keytruda) and nivolumab (Opdivo) enhance the immune response by blocking proteins that prevent immune cells from attacking cancer cells. Furthermore, monoclonal antibodies such as rituximab (Rituxan) and daratumumab (Darzalex) target specific cell surface proteins on cancer cells, marking them for destruction.
     

Based on end user, the market is segmented into hospitals, specialty centers, and other end users. The hospitals segment held a market share of 52% in 2023 and is estimated for sizable growth ahead.
 

  • Monoclonal antibodies, when integrated into medical practice, enable hospitals to provide precise diagnostics, effective treatments, and elevate patient care standards. Their versatility and specificity render them crucial in clinical and research domains, propelling healthcare advancements and bolstering patient outcomes.
     
  • Hospitals heavily rely on monoclonal antibodies for blood typing and tissue matching, essential processes for ensuring the safety of blood transfusions and organ transplants. By accurately identifying blood types and matching donor and recipient tissues, these antibodies help prevent adverse reactions, such as hemolytic transfusion reactions and transplant rejections, thus ensuring successful outcomes.
     
  • Biologics account for 35-40% of overall public procurement of medicine made in Russia. These procured biologics include monoclonal antibodies that are made available to the patients through medical and preventive institutions such as hospitals. The increasing demand for public procurement of monoclonal antibodies is thus contributing to the growth of the hospitals segment in Russia, thereby driving market growth.
     
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The Russian monoclonal antibodies market was valued at approximately USD 2.5 billion in 2023 and is expected to reach around USD 7.5 billion by 2032, driven by a CAGR of 13.3% from 2024 to 2032.

The oncology segment held a market share of 39.1% in 2023 and is projected to reach USD 690 billion by 2032, driven by the growing prevalence of cancer diagnoses and the targeted therapeutic potential of monoclonal antibodies.

Hospitals accounted for a 52% market share in 2023 and are expected to grow significantly, driven by the integration of monoclonal antibodies into medical practice for precise diagnostics and effective treatments.

Major players in the industry include AbbVie, Alexion Pharmaceuticals, Amgen, Boehringer Ingelheim International, BIOCAD, Biogen, Bristol Myers Squibb, Eli Lilly and Company, F. Hoffmann-La Roche, and Generium.

Russia Monoclonal Antibodies Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 27
  • Countries covered: 1
  • Pages: 123
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