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Next-Generation Bispecific Antibody Market Size, Trends and Innovations

Next-Generation Bispecific Antibody Market Trends and Opportunities

The next-generation bispecific antibody market is expanding due to increasing diseases as well as rising autoimmune diseases treatment approaches. North America led the market due to the presence of well-developed industries.

Category: Therapeutic Area Insight Code: 5720 Format: PDF / PPT / Excel

The next-generation bispecific antibody market is rapidly advancing on a global scale, with expectations of accumulating hundreds of millions in revenue between 2025 and 2034. Market forecasts suggest robust development fueled by increased investments, innovation, and rising demand across various industries.

The next-generation bispecific antibody market is contributing to enhancing the precision medicine for the treatment of diseases such as cancer, autoimmune diseases, infectious diseases, etc. At the same time, the use of AI is also contributing to the same by improving the analysis and drug development process.

Moreover, there is a rise in new collaborations, developments, and launches globally. Similarly, advancing industries and research are also driving the market. Furthermore, bispecific T-cell engagers and immune cell engagers are dominating the market. Thus, all these factors are enhancing the market growth.

Key Takeaways

  • North America dominated the global next-generation bispecific antibody market share in 2024. 
  • Asia-Pacific is expected to be the fastest-growing during the forecast period. 
  • By type, the bispecific T-cell engagers (BiTEs) segment dominated the market in 2024.
  • By type, the dual-affinity re-targeting (DART) proteins segment is expected to be the fastest-growing at a notable CAGR during the forecast period.
  • By indication type, the cancer segment dominated the market in 2024.
  • By indication type, the autoimmune diseases segment is expected to be the fastest-growing during the forecast period.
  • By mechanism of action type, the immune cell engagers segment dominated the market in 2024.
  • By mechanism of action type, the bispecific antibodies for the payload delivery segment are expected to be the fastest-growing during the forecast period.
  • By route of administration type, the intravenous segment dominated the market in 2024.
  • By route of administration type, the subcutaneous segment is expected to be the fastest-growing during the forecast period.
  • By end user, the hospital segment dominated the global next-generation bispecific antibody market in 2024.
  • By end user, the specialty clinics segment is expected to be the fastest-growing during the forecast period.

Market Overview

The next-generation bispecific antibodies (BsAbs) provide advanced therapeutic strategies, as they effectively bind to 2 targets simultaneously. They help in precise drug delivery, cell redirection, and dual pathway blockade. Thus, these advantages help BsAbs to transform as well as reshape the precision medicine used in cancer or autoimmune disease treatments. At the same time, the synergistic effect of BsAbs in combination therapies is also being developed. Furthermore, it also helps in advancing therapeutic protein engineering, which aids in overcoming the limitations of a single-target approach.

  • In May 2025, a co-discovery alliance was formed between Veraxa Biotech AG (Veraxa) and OmniAb, Inc. Furthermore, to support the discovery of next-generation therapeutics, OmniAb’s suite of transgenic antibody discovery solutions, Veraxa’s conjugation expertise, and Veraxa’s proprietary antibody drug conjugate (ADC) linker technology will be utilized in this collaboration. (Source - PharmaBiz)
  • In April 2025, a collaboration between Abpro Holdings, Inc. and Celltrion revealed preclinical data for ABP-102/CT-P72 at the American Association for Cancer Research® (AACR) Annual Meeting 2025. As per the findings, ABP-102/CT-P72 is a tetravalent bispecific HER2 x CD3 T-cell engager, can offer enhanced safety and efficacy, surpassing existing HER2-targeted therapies. (Source - PipelineReview.com)

AI Integration in the Next-Generation Bispecific Antibody Market

By integrating AI with next-generation bispecific antibodies, the research and development, along with the treatment approaches, can be enhanced. At the same time, AI can be used in analysis as well as in predicting the bispecific targets with the help of machine learning during the development process. Furthermore, the use of AI in the development of new combination therapies is also increasing. Additionally, the specificity as well as the safety of these treatment approaches developed by next-generation bispecific antibodies can be enhanced with the use of AI.

Market Dynamics

Driver

Growing Disease

The incidence of diseases such as cancer, autoimmune, or infectious diseases is growing. This, in turn, increases the demand for next-generation bispecific antibody treatment options. At the same time, the failure in the treatment of these diseases also increases their acceptance rate. Furthermore, due to their target-specific action, the side effects are minimized. Thus, to deal with this growing global health burden, the use of next-generation bispecific antibodies is increasing. Hence, the growing diseases drive the next-generation bispecific antibody market growth.

Percentage of Autoimmune Diseases Reported in 2024

The graph represents the percentage of autoimmune diseases reported in year of 2024. It indicates that there will be a rise in autoimmune diseases. Hence, it increases the demand for next-generation bispecific antibody treatment options for its effective management. Thus, this in turn will ultimately promote the market growth.

Restraint

Safety and Stability Concerns

The use of bispecific antibodies in certain cases can lead to intense immune responses.  Moreover, it can lead to fever, hypotension, or even neurotoxicity. At the same time, protein aggregation as well as the short shelf life of these antibodies can lead to stability issues. Thus, these factors can affect the stability and safety of the patient.

Opportunity

Advancements in Autoimmune Disease Treatment

The growing incidence of autoimmune disease is increasing the demand for the use of next-generation bispecific antibody treatment options. At the same time, new developments in these antibody treatments for enhancing the target-specific actions and restoring the body's natural defence mechanism are also increasing. Furthermore, medications for rheumatoid arthritis (RA) and inflammatory bowel disease (IBD) are also increasing. Additionally, new biologics are also being developed with the use of bispecific antibodies. Thus, these developments promote the next-generation bispecific antibody market growth.

For instance,

  • In May 2025, a Phase 1b multiple-ascending dose (MAD) study in healthy volunteers for evaluating the pharmacokinetics, pharmacodynamics, safety, and tolerability of NAV-240, which is developed by Navigator Medicines, Inc., was announced to be initiated. This NAV-240 is a clinical-stage bispecific antibody that can be used against OX40L and TNFα, where the Navigator plans to study its action in patients with inflammatory conditions and autoimmune diseases. (Source - BioSapce)

Segmental Insights

How Bispecific T-Cell Engagers (BiTEs) Segment Dominated the Next-Generation Bispecific Antibody Market in 2024?

By type, the bispecific T-cell engagers (BiTEs) segment held the largest share of the market in 2024. BiTEs increased due to their target-specific action, along with redirecting the immune cells. The use of BiTEs increased due to their target-specific action, along with redirecting the immune cells. This increased the patient outcomes, contributing to the market growth.

By type, the dual-affinity re-targeting (DART) proteins segment is expected to grow at the highest rate during the upcoming years. The use of DART in diseases such as cancer, infectious, and autoimmune diseases is increasing, due to their enhanced stability and action.

What Made Cancer Segment Dominant in the Next-Generation Bispecific Antibody Market in 2024?

By indication type, the cancer segment held the major share in the market in 2024. The next generation of bispecific antibodies targets the tumor cells with the help of immune cells in cancer. This resulted in their increased use and enhanced patient outcomes.

By indication type, the autoimmune diseases segment is expected to grow at the highest CAGR during the predicted time. The incidence of autoimmune diseases is increasing, where the use of bispecific antibodies is growing to improve the immune responses and target multiple pathways.

Which Mechanism of Action Type Segment Held the Dominating Share of the Next-Generation Bispecific Antibody Market in 2024?

By mechanism of action type, the immune cell engagers segment was dominant in the market in 2024. The immune cell engagers were used in the development of various cancer therapies as well as immunotherapies. This enhanced the market growth.

By mechanism of action type, the bispecific antibodies for the payload delivery segment is estimated to be the fastest-growing during the projected period. The use of bispecific antibodies for payload delivery is growing due to their improved efficacy, safety, and reduced side effects and toxicity.

Why Did the Intravenous Segment Dominate in the Next-Generation Bispecific Antibody Market in 2024?

By route of administration type, the intravenous segment held the major share of the market in 2024. The intravenous route of administration provided a rapid onset of action, enhancing their therapeutic action in complex diseases.

By route of administration type, the subcutaneous segment is anticipated to be the fastest-growing during the forecast period. The subcutaneous route is being preferred by the patients as it makes it possible for self-administration, increasing patient convenience and safety.

Why Hospital Segment Dominated the Next-Generation Bispecific Antibody Market?

By end user, the hospital segment held the largest share in the global market in 2024. Hospitals provided a wide range of BsAbs treatment approaches to the large volume of patients with continuous monitoring. This promoted the safety as well as the market growth.

By end user, the specialty clinics segment is expected to be the fastest-growing during the predicted time. The specialty clinics are offering personalized care in the presence of skilled personnel, which in turn is improving patient outcomes.

Well-Developed Industries Drive North America

North America dominated the next-generation bispecific antibody market in 2024. The presence of advanced industries in North America is increasing the development of various next-generation bispecific antibodies. This drives the market growth.

The U.S. Next-Generation Bispecific Antibody Market Trends

The industries in the U.S. are well developed, due to which the development of the bispecific antibodies treatment option is growing. At the same time, with the help of advanced technologies, various parameters of these antibodies are being enhanced.

The Canada Next-Generation Bispecific Antibody Market Trends

Due to the growing use of next-generation bispecific antibodies for the treatment of cancer in Canada, their production is being enhanced by various companies. Furthermore, to support these developments, investments by the private and government sectors are also being provided.

Increasing Diseases Boost the Asia Pacific

Asia Pacific is expected to host the fastest-growing next-generation bispecific antibody market during the forecast period. The growing prevalence of various diseases in the Asia Pacific is increasing the demand for next-generation bispecific antibody approaches. This enhances the market growth.

The China Next-Generation Bispecific Antibody Market Trends

China consists of a large population, which in turn, increases the risk of disease incidence.  At the same time, new technologies are being adopted by the industries. Thus, these factors enhance the use as well as the development of next-generation antibodies.

The India Next-Generation Bispecific Antibody Market Trends

The growing diseases in India are increasing the use of bispecific antibodies in the development of new treatment approaches. Moreover, to support these developments as well as to make them affordable, support from the government is also provided.

Europe Driven by Growing Research

Europe is expected to grow significantly in the next-generation bispecific antibody market during the forecast period. The industries as well as institutions in Europe are focusing on the development of new treatment approaches with the help of next-generation bispecific antibodies. Thus, this promotes the market growth.

The Germany Next-Generation Bispecific Antibody Market Trends

The increasing interest in bispecific antibodies in Germany is leading to growing research and development in the industry as well as in institutes. This increases their collaboration, which is further supported by the funding provided by the government.

The UK Next-Generation Bispecific Antibody Market Trends

The industries and institutions in the UK are contributing to the growing research and development in the next generation of the specific antibody field. This, in turn, increases the clinical trials, which in turn, increases the investment by various private sectors.

Top Companies in the Next-Generation Bispecific Antibody Market

Next-Generation Bispecific Antibody Market Companies

What are the Latest Announcements by Industry Leaders in the Next-Generation Bispecific Antibody Market?

  • In March 2025, after the collaboration of Medigene and EpimAb, the CEO of Medigene AG, Selwyn Ho, stated that they were pleased to collaborate with EpimAb, their proprietary T-FIT platform, and other partnering deals, which will help them in creating best-in-class TCR-TCEs, utilizing their expert 3S TCR generation capabilities. Furthermore, this collaboration will help in expanding the application of Medigene’s TCRs into off-the-shelf TCR-guided modalities and expand their pipeline in areas of high unmet patient need. (Source - PharmaBiz)
  • In April 2025, the CEO and co-founder of IN8bio, William Ho, stated that they combined the natural tumor-fighting abilities of γδ T cells with bispecific engagers in their INB-600 TCE platform to develop a more powerful way to mobilize the immune system to fight the cancer cells. Thus, this platform can be used for various hard-to-treat cancers and some autoimmune diseases. (Source - PipelineReview.com)

What are the Recent Developments in the Next-Generation Bispecific Antibody Market?

  • In March 2025, Élancé Therapeutics, or Élancé, was launched by Harbour BioMed, which is a global biopharmaceutical company. The development of innovative therapies to address challenges in obesity treatment, such as long-term efficacy and muscle preservation with the use of Élancé Therapeutics, utilizing Harbour BioMed's proprietary HCAb-based bispecific antibody technology, will be their main goal. (Source - Biomed)
  • In April 2025, the clinical updates of SPX-303, a first-in-class anti-LILRB2/PD-L1 bispecific antibody, developed by SparX Biopharmaceutical Corp, were announced to be presented at the 2025 American Association for Cancer Research (AACR) Annual Meeting on 28th April. (Source - PharmaBiz)

Segments Covered in the Report

By Type

  • Bispecific T-cell Engagers (BiTEs)
  • Dual-Affinity Re-Targeting (DART) Proteins
  • Nanobodies
  • Others (e.g., CrossMAbs, TandAbs)

By Indication

  • Cancer (e.g., hematologic malignancies, solid tumors)
  • Autoimmune Diseases
  • Infectious Diseases
  • Others

By Mechanism of Action

  • Immune Cell Engagers
  • Receptor/Ligand Blockers
  • Bispecific Antibodies for Payload Delivery

By Route of Administration

  • Intravenous
  • Subcutaneous

By End User

  • Hospitals
  • Specialty Clinics
  • Research Institutes

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 13 June 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Deepa Pandey is a focused and detail-oriented market research professional with growing expertise in the healthcare sector, delivering high-quality insights across therapeutic areas, diagnostics, biotechnology and healthcare services.

Learn more about Deepa Pandey

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

The global next-generation bispecific antibodies market is set for strong growth from 2025 to 2034

North America is currently leading the next-generation bispecific antibody market due to the presence of advanced industries.

The next-generation bispecific antibody market includes 6 segments such as by type, by indication, by mechanism of action, by route of administration, by end user, and by region.

Some key players include Novartis, Amgen, Sanofi, and Roche.

Key trends include the rising discovery of next-generation therapeutics and innovation in bispecific T-cell engagers.

The advantages of the next generation of bispecific antibodies in cancer treatment are that they provide enhanced tumor cell killing efficiency, tissue penetration, and reduce off-target effects.

The rising prevalence of diseases is the factor that drives the market.

Autoimmune Registry, Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.