Middle East and Africa Next-generation Antibody Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Therapeutic Area (Oncology, and Autoimmune or Inflammatory) and Technology (Antibody-drug conjugates, Bispecific antibodies, Fc engineered antibodies, Antibody fragments & antibody-like proteins, and Biosimilar antibody products)
The Middle East and Africa (MEA) next-generation antibody market is expected to reach US$ 450.75 million by 2028 from US$ 222.59 million in 2021. It is estimated to grow at a CAGR of 10.6% from 2021 to 2028.
The growth of the market is due to are increasing prevalence of cancer and growing demand for next-generation antibody therapeutics. However, complications associated with the manufacturing and approvals of next-generation antibodies is expected to restrict the market growth during the forecast period.
Rising developments in biotechnology have led to increasing acceptance for next-generation antibodies therapeutics, which is further driving its use in autoimmune, inflammatory, and chronic treatment diseases among others. Next-generation antibody treatments have resulted from the application of sophisticated technologies in antibody therapeutics such as antibody–drug conjugates (ADCs), glycoengineered antibodies, and specific antibodies (BsAbs). Therefore, applications of next-generation antibodies are being widely studied to treat various chronic diseases. The rising demand of these antibodies have resulted in the rapid increase in the approval of ADCs and other next-generation antibodies therapeutics. For instance, in May 2020, Takeda Pharmaceutical Company Limited announced the FDA approval of ALUNBRIG (brigatinib) for adult patients with anaplastic lymphoma kinase-positive (ALK+) metastatic non-small cell lung cancer (NSCLC) as detected by an FDA-approved test. ALUNBRIG's current indication has been expanded to encompass the first-line setting with its approval. ALUNBRIG is a next-generation tyrosine kinase inhibitor (TKI) that is designed to target ALK molecular abnormalities. Similarly, in 2019, Genentech announced FDA accelerated approval of Polatuzumab vedotin-piiq, a CD79b-directed antibody-drug conjugate indicated in combination with bendamustine and a rituximab product for adult patients with relapsed or refractory diffuse large B-cell lymphoma.
Moreover, rising investments from biopharmaceutical and pharmaceutical companies for the manufacturing and development of these next-generation antibodies are driving the growth of the market. In addition, contract manufacturing and development organizations (CDMOs) forges a link to next-generation antibody conjugates to offer even more comprehensive ADC capabilities. CDMOs are developing site-specific linker technologies, expanding their payload options, and planning for indications other than cancer. For instance, in September 2020, MilliporeSigma has announced a US$ 65 million expansion of its highly potent active pharmaceutical ingredient (HPAPI) and active pharmaceutical ingredient production capabilities and capacity at its Madison (WI) location. Similarly, in July 2019, REGENXBIO and Neurimmune AG have signed a licensing, development, and commercialization collaboration to develop innovative AV gene treatments employing NAV vectors to deliver human antibodies against chronic neurodegenerative disorders such as tauopathies.
Therefore, the next-generation antibody market is anticipated to grow rapidly in the forecast period due to the rising clinical trials approvals and high adoption of next-generation antibodies therapeutics for the treatment of various diseases.
The socio-economic conditions in the Middle Eastern economies have been widely affected by the COVID–19 pandemic. The pandemic has restricted research and development activities in these countries. Since a considerable population already faces a growing burden of chronic diseases, the virus made them more vulnerable. However, economies in this region reacted wisely to the pandemic to avoid the spread of infection.
Similar to other regions, lockdown and social distancing measures were imposed in the MEA. Since these measures limited people's access to work, regular income, payments, schools, and healthcare, the MEA countries underwent huge losses and are still trying to recover them. Due to the less developed economies, most countries in this region depend on suppliers for healthcare products. A widespread outbreak of COVID-19 in Africa led to disruption in healthcare services, hindering access to healthcare supplies.
A COVID-19 vaccine is currently being developed by more than eight Iranian businesses and universities. While Iran does not suffer from the same poverty levels as other nations, sanctions generate other issues that jeopardize fair vaccine availability for its 80 million people, such as restrictions on Iranian participation in the COVAX facility as a self-financing member. Iran has boosted efforts to manufacture Covid-19 vaccine supplies locally in the last week. Coviran Barekat, the first coronavirus vaccine developed by researchers at Iran's Headquarters for Executing the Imam's Order, is currently undergoing phase 3 trials involving 20,000 patients. Saudi Arabia's Health Ministry has raised the number of appointments available for Pfizer-vaccination BioNTech's in Riyadh and Jeddah. Senior citizens and expatriates receive priority attention and can get vaccinated without a prior appointment. In addition, the Ministry of Health in Saudi Arabia has approved the use of Coronavirus vaccines produced by American businesses Johnson & Johnson and Moderna for incoming guests (MoH). Thus, constant research on COVID-19 using biotechnology is anticipated to propel the market over the next few years.
Middle East and Africa Next-generation Antibody Market Revenue and Forecast to 2028 (US$ Mn)
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MIDDLE EAST AND AFRICA NEXT-GENERATION ANTIBODY MARKET SEGMENTATION
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
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Company Profiles
- F. HOFFMANN-LA ROCHE LTD.
- Kyowa Kirin Co., Ltd.
- Takeda Pharmaceutical Company Limited
- Amgen Inc.
- Pfizer Inc.
- Catalent Inc
- AstraZeneca
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East and Africa Next-generation Antibody Market – By Therapeutic Area
1.3.2 Middle East and Africa Next-generation Antibody Market – By Technology
1.3.3 Middle East and Africa Next-generation Antibody Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Next-generation Antibody Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Middle East and Africa PEST Analysis
4.3 Experts Opinion
5. Next-generation Antibody Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Cancer
5.1.2 Growing Demand for Next-Generation Antibody Therapeutics
5.2 Market Restraints
5.2.1 Complications Associated with Manufacturing and Approvals
5.3 Market Opportunities
5.3.1 Proliferation of Biotechnology Industry in Developing Regions
5.4 Future Trends
5.4.1 Developments in Next-Generation Antibodies
5.5 Impact Analysis
6. Next-generation Antibody Market – Middle East and Africa Analysis
6.1 Middle East and Africa Next-generation Antibody Market Revenue Forecast and Analysis
7. Middle East and Africa Next-generation Antibody Market Revenue and Forecasts To 2028– by Therapeutic Area
7.1 Overview
7.2 Middle East and Africa Next-generation Antibody Market, By Therapeutic Area, 2021 & 2028 (%)
7.3 Oncology
7.3.1 Overview
7.3.2 Oncology: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Autoimmune or Inflammatory
7.4.1 Overview
7.4.2 Autoimmune or Inflammatory: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
8. Middle East and Africa Next-generation Antibody Market Revenue and Forecasts To 2028 – Technology
8.1 Overview
8.2 Middle East and Africa Next-generation Antibody Market Share by Segment - 2021 & 2028 (%)
8.3 Antibody-drug conjugates
8.3.1 Overview
8.3.2 Antibody-drug conjugates: Next-generation Antibody Market Revenue and Forecast to 2028 (US$ Million)
8.4 Bispecific antibodies
8.4.1 Overview
8.4.2 Bispecific antibodies: Next-generation Antibody Market Revenue and Forecast to 2028 (US$ Million)
8.5 Fc engineered antibodies
8.5.1 Overview
8.5.2 Fc engineered antibodies: Next-generation Antibody Market Revenue and Forecast to 2028 (US$ Million)
8.6 Antibody fragments and antibody-like proteins
8.6.1 Overview
8.6.2 Antibody fragments and antibody-like proteins: Next-generation Antibody Market Revenue and Forecast to 2028 (US$ Million)
8.7 Biosimilar antibody products
8.7.1 Overview
8.7.2 Biosimilar antibody products: Next-generation Antibody Market Revenue and Forecast to 2028 (US$ Million)
9. Next-generation Antibody Market Revenue and Forecasts to 2028 – Middle East & Africa Analysis
9.1 Middle East & Africa Next-generation Antibody Market Revenue and Forecasts To 2028
9.1.1 Overview
9.1.2 Middle East & Africa Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
9.1.3 Middle East & Africa: Next-generation Antibody Market Revenue and Forecasts to 2028, By Therapeutic Area (US$ Million)
9.1.4 Middle East & Africa: Next-generation Antibody Market Revenue and Forecasts to 2028, By Technology (US$ Million)
9.1.5 Middle East & Africa Next-generation Antibody Market Revenue and Forecasts to 2028, By Country (%)
9.1.5.1 UAE: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
9.1.5.1.1 Overview
9.1.5.1.2 UAE: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
9.1.5.1.3 UAE: Next-generation Antibody Market Revenue and Forecasts to 2028, By Therapeutic Area (US$ Million)
9.1.5.1.4 UAE: Next-generation Antibody Market Revenue and Forecasts To 2028, By Technology (US$ Million)
9.1.5.2 Saudi Arabia: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
9.1.5.2.1 Overview
9.1.5.2.2 Saudi Arabia: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
9.1.5.2.3 Saudi Arabia: Next-generation Antibody Market Revenue and Forecasts to 2028, By Therapeutic Area (US$ Million)
9.1.5.2.4 Saudi Arabia: Next-generation Antibody Market Revenue and Forecasts To 2028, By Technology (US$ Million)
9.1.5.3 South Africa: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
9.1.5.3.1 Overview
9.1.5.3.2 South Africa Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
9.1.5.3.3 South Africa: Next-generation Antibody Market Revenue and Forecasts to 2028, By Therapeutic Area (US$ Million)
9.1.5.3.4 South Africa: Next-generation Antibody Market Revenue and Forecasts To 2028, By Technology (US$ Million)
9.1.5.4 Rest of Middle East and Africa: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
9.1.5.4.1 Overview
9.1.5.4.2 Rest of Middle East and Africa: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
9.1.5.4.3 Rest of Middle East & Africa: Next-generation Antibody Market Revenue and Forecasts to 2028, By Therapeutic Area (US$ Million)
9.1.5.4.4 Rest of Middle East & Africa: Next-generation Antibody Market Revenue and Forecasts To 2028, By Technology (US$ Million)
10. Impact of COVID-19 Pandemic on Next-generation Antibody Market
10.1 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11. Next-generation Antibody Market–Industry Landscape
11.1 Overview
11.2 Organic Developments
11.2.1 Overview
11.3 Inorganic Developments
11.3.1 Overview
12. Company Profiles
12.1 F. HOFFMANN-LA ROCHE LTD.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Kyowa Kirin Co., Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Takeda Pharmaceutical Company Limited
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Amgen Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Pfizer Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Catalent Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 AstraZeneca
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. New Cancer Cases Registered Worldwide, 2020
Table 2. Middle East & Africa: Next-generation Antibody Market Revenue and Forecasts to 2028, By Therapeutic Area (US$ Million).
Table 3. Middle East & Africa: Next-generation Antibody Market Revenue and Forecasts to 2028, By Technology (US$ Million)
Table 4. UAE: Next-generation Antibody Market Revenue and Forecasts to 2028, By Therapeutic Area (US$ Million)
Table 5. UAE: Next-generation Antibody Market Revenue and Forecasts to 2028, By Technology (US$ Million)
Table 6. Saudi Arabia: Next-generation Antibody Market Revenue and Forecasts to 2028, By Therapeutic Area (US$ Million)
Table 7. Saudi Arabia: Next-generation Antibody Market Revenue and Forecasts to 2028, By Technology (US$ Million)
Table 8. South Africa Next-generation Antibody Market Revenue and Forecasts to 2028, By Therapeutic Area (US$ Million)
Table 9. South Africa: Next-generation Antibody Market Revenue and Forecasts to 2028, By Technology (US$ Million)
Table 10. Rest of Middle East & Africa: Next-generation Antibody Market Revenue and Forecasts to 2028, By Therapeutic Area (US$ Million)
Table 11. Rest of Middle East & Africa: Next-generation Antibody Market Revenue and Forecasts to 2028, By Technology (US$ Million)
Table 12. Organic Developments in the Next-generation Antibody Market
Table 13. Inorganic Developments in the Next-generation Antibody Market
Table 14. Glossary of Terms
LIST OF FIGURES
Figure 1. Next-generation Antibody Market Segmentation
Figure 2. Next-generation Antibody Market, By Country
Figure 3. Middle East and Africa Next-generation Antibody Market Overview
Figure 4. Oncology Segment Held Largest Share of Therapeutic Area Segment in Next-generation Antibody Market
Figure 6. Middle East and Africa Next-generation Antibody Market- Leading Country Markets (US$ Million)
Figure 7. Middle East and Africa: PEST Analysis
Figure 8. Experts Opinion
Figure 9. Next-Generation Antibody Market Impact Analysis of Driver and Restraints
Figure 10. Middle East and Africa Next-generation Antibody Market– Revenue Forecast and Analysis – 2021 - 2028
Figure 11. Middle East and Africa Next-generation Antibody Market, by Therapeutic Area, 2021 & 2028 (%)
Figure 12. Oncology: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. Autoimmune or Inflammatory: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. Middle East and Africa Next-generation Antibody Market Share by Segment - 2021 & 2028 (%)
Figure 15. Antibody-drug conjugates: Next-generation Antibody Market Revenue and Forecasts To 2028 (US$ Million)
Figure 16. Bispecific antibodies: Next-generation Antibody Market Revenue and Forecasts To 2028 (US$ Million)
Figure 17. Fc engineered antibodies: Next-generation Antibody Market Revenue and Forecasts To 2028 (US$ Million)
Figure 18. Antibody fragments and antibody-like proteins: Next-generation Antibody Market Revenue and Forecasts To 2028 (US$ Million)
Figure 19. Biosimilar antibody products: Next-generation Antibody Market Revenue and Forecasts To 2028 (US$ Million)
Figure 20. Middle East & Africa Next-generation Antibody Market Revenue Overview, by Country, 2021 (US$ Million)
Figure 21. Middle East & Africa Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
Figure 22. Middle East & Africa Next-generation Antibody Market Revenue and Forecasts to 2028, By Country (%)
Figure 23. UAE: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
Figure 24. Saudi Arabia: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
Figure 25. South Africa: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
Figure 26. Rest of Middle East and Africa: Next-generation Antibody Market Revenue and Forecasts to 2028 (US$ Million)
Figure 27. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
- F. HOFFMANN-LA ROCHE LTD.
- Kyowa Kirin Co., Ltd.
- Seagen Inc.
- Takeda Pharmaceutical Company Limited
- Amgen Inc.
- Pfizer Inc.
- Catalent Inc
- AstraZeneca
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