North American Market Forecast
North America rituximab market is expected to hold the largest revenue share during the forecast period. Due to the fact that North America has a very advanced healthcare infrastructure, higher patient knowledge, and increasing cancer research prospects, it is estimated to account for an overall market share of 46.1% by 2036. In addition, market growth is expected to be fuelled by increased government spending on cancer research as well as the presence of major pharmaceutical companies such as Pfizer Inc., Amgen Inc., and Merck & Co.
APAC Market Statistics
The Asia Pacific region is expected to hold the second-largest position in the rituximab market. In view of rising disposable incomes, availability of a large patient population for monoclonal antibody cancer treatments, and increased focus on healthcare, the Asia Pacific region is expected to show the highest growth rate during the forecast period at 12.1%. As well as providing investment opportunities in clinical research, countries such as India and China are expected to have a positive impact on the R&D prospects for monoclonal antibodies.
Author Credits: Radhika Pawar
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