Categories
Pharmaceutical

Increasing Prevalence Of Chronic Diseases And Outbreak Of Infectious Disease Is Expected To Drive The Growth Of Research Antibodies Market

Research Antibodies Market Forecast and CAGR

According to the latest research by Fact.MR, the research antibodies market will experience substantial growth during the forecast period 2021-2031. Demand for research antibodies will elevate in the course of the forecast period while experiencing steady growth. Increased demand for research antibodies in diagnostic purpose and determination of serious medical conditions represents lucrative growth for the research antibodies market.

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What is Driving Demand for Research Antibodies?

Research specific antibodies are something where protein is used externally to detect the unwanted molecule into the body. It is basically used to understand what is going wrong in a cell or body. It acts as a biomarker to detect life-threatening diseases.

Increasing prevalence of chronic diseases and outbreak of infectious disease is expected to drive the growth of research antibodies market across the globe. According to World Health Organization, in 2020, approximately 1.5. Mn individuals were severely affected by an infectious disease like the coronavirus who require medical attention. Moreover, an increasing number of chronic disease patient like cancer, immunological disorders, etc. will also lead to a rise in demand for the research antibodies market.

In addition, tremendous research in the field of chronic disease and its diagnosis mitigation and treatment. This will also lead to significant growth in the research antibodies market.

Increasing Prevalence of Chronic disease may grow Research Antibodies Market

Increasing prevalence of the chronic disease is expected to reflect positive growth for the Research Antibodies market. One such disease is cancer which results in severe life threatening condition. The increasing prevalence of cancer mainly is expected to increase the demand for Research Antibodies. According to National Cancer Institute, in 2018 an estimated 16,353,421 people living with cancer of any site in the U.S.

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U.S. and Canada Research Antibodies Market Outlook

U.S. and Canada are among the largest market for research antibodies market making North America dominant. The U.S is growing due to high investments for the development of structure-based drug designs model, growing research in the fields of primary and secondary antibodies, and the focus of stakeholders on research projects involving proteins associated antibodies, research on biomolecules, and genes are the key driving factors of the market in U.S and Canada.

Europe Demand Outlook for Research Antibodies

Increasing usage of research antibodies for diagnostic and also in research work and clinical trials is expected to drive the growth of the research antibodies market in these regions. Additionally, the increasing research and development funding and increasing focus of the European governments on the healthcare system also represents steady growth for the research antibodies market.

Moreover, favourable reimbursement policies in many European countries will also boost further growth of the research antibodies market.

Who are the Key Manufacturers and Suppliers of Research Antibodies?

Some of the leading manufacturers operating in the research antibodies market include

  • Thermo Fisher Scientific
  • Merck Group
  • Abcam plc
  • Becton
  • Dickinson and Company
  • Bio-Rad Laboratories
  • Cell Signaling Technology
  • F. Hoffmann-La Roche
  • Danaher Corporation
  • Agilent Technologies
  • PerkinElmer
  • Lonza
  • GenScript
  • BioLegend
  • Yashraj biotechnology Ltd.

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Many leading manufacturers in the research antibodies market are focusing on getting FDA approvals for their products. For instance, In 2020, Thermo Fisher Scientific collaborated with Wuxi and Mayo Clinic To secure FDA authorization for testing COVID-19 with ELISA for detecting both IgM and IgG antibodies. In 2020, Merck partnered with Elypta to provide contract manufacturing services for Elypta’s clinical diagnostic liquid biopsy kits.

Key Segments

By Product Type

  • Primary Antibodies
    • Cancer research
    • Stem cell research
    • Neurobiology research
    • Epigenetics research
    • Infectious disease research
    • Apoptosis research
  • Secondary Antibodies
    • Western Blotting
    • Flow Cytometry
    • ELISA
    • Immunohistochemistry
    • Immunofluorescence
    • Immunoprecipitation
    • Others
  • Immune Checkpoint Antibodies

By Antibodies Form

  • Monoclonal Antibodies
  • Polyclonal Antibodies
  • Others

By Source

  • Mice
  • Rabbit
  • Others

By Application

  • Drug Discovery & Development
  • Basic Research
  • Toxicity Screening
  • Biopharmaceutical Production
  • Drug Screening
  • Tissue Engineering
  • Forensic Testing

By End Users

  • Biopharmaceutical Companies
  • Contract Research Organizations (CROs)
  • Academic & Research Institutes
  • Forensic Science Laboratories
  • Diagnostic Centers
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa

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Reports published by Fact.MR are a result of the combination of our experts and digital technologies. We thrive to provide innovative business solutions to the clients as well as tailor the reports aligning with the clients’ requisites. Our analysts perform comprehensive research to offer ins and outs of the current market situation. Clients across various time zones tend to utilize our 24/7 service availability.

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Categories
Pharmaceutical

Antibodies Market is Expected to Cross a Valuation of US$ 4,000 Mn by 2031 End

250 Pages Antibodies Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

According to Fact MR’s recent market research, sales of Antibodies to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

Focus on improving overall patient care will remain a chief growth driver. Besides this, Antibodies market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

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Demand for antibodies is anticipated to remain steady across the globe in the foreseeable future. Rising occurrence of chronic diseases such as diabetes, cancer, and autoimmune conditions is prompting drug makers to shift their focus on further improvement of antibody-based products.  Moreover, increasing prevalence of epidemic diseases as well as rising popularity of protein therapeutics is reflecting favourably on antibody-based drug sales worldwide. In developed regions such as North America and Europe demand for antibody-based medicines is projected to remain steady over the next couple of years. On the other hand, increasing availability of alternative therapeutics is likely to make a negative impact on the growth of the global antibodies market.

In addition, factors such as unaffordability and risk of side effects associated with antibody products are likely underwhelm the future prospects of the overall market. The recent study conducted by Fact. MR projects that global market for antibodies will cross a valuation of US$ 3,000 Mn by 2022-end, registering a moderate CAGR during the forecast period (2017-2022). The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Antibodies market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Antibodies

The report offers actionable and valuable market insights of Antibodies. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Antibodies Market across various industries and regions

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Market Taxonomy

Product Type
  • Immune Checkpoint Antibodies
  • Epitope Tag Antibodies
  • Isotype Control Antibodies
  • Primary Antibodies
  • Assay Antibodies (includes secondary antibodies)
  • Other
End User
  • Biopharmaceutical Companies
  • Contract Research Organizations (CROs)
  • Academic & Research Institutes
  • Forensic Science Laboratories
  • Food & Beverage Companies
  • Diagnostic Centers
  • Others
Application
  • Drug Discovery & Development
  • Basic Research
  • Toxicity Screening
  • Biopharmaceutical Production
  • Drug Screening
  • Tissue Engineering
  • Forensic Testing

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

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Forecast Highlights on Global Market for Antibodies

  • In terms of revenue, North America currently holds the predominant share of the global market for antibodies and the region is expected to retain its top position over 2022. Further, the North America’s market is anticipated to expand at steady CAGR between 2017 and 2022.  This is primarily owing to the existence of an advanced healthcare infrastructure and prominent market participants in the region.
  • Based on product type, demand for primary antibodies is significantly high. Global sales of primary antibodies currently account for the largest revenue share of the market. More than US$ 1,000 Mn worth primary antibodies is estimated to be sold worldwide by the end of the forecast period.
  • On the basis of end user, the academic & research institutes segment is expected to remain highly attractive throughout the assessment period. In terms of revenue, the segment currently commands for more than one-third share of the global market. Towards the end of 2022, this segment is anticipated surpass a valuation of US$ 1,286 Mn, registering a steady growth.
  • On the basis of application, the basic research segment currently hold the top position. In addition, the basic research segment is estimated to command for a significant revenue share of the market in 2017 and beyond. By the end of 2022, the segment is expected to cross a market valuation of US$ 1,741 Mn, representing a CAGR of over 3%.  Antibodies are used for various research purposes, especially for diagnostics and development of new drugs. Using antibodies drug developers determine the resistance level of various indigents.

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Report Benefits & Key Questions Answered

  • Antibodies Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  • Antibodies Historical volume analysis: The report provides a comparison of Antibodies’s historical sales and projected sales performance for 2021-2031.
  • Antibodies Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Antibodies market. It carefully gauges the impact of changing healthcare needs of key demographics globally
  • Antibodies Consumption by demographics: The report investigates consumer behavior affecting Antibodies demand outlook for the assessment period. Effect of their keenness for digital trends on Antibodies market is carefully analyzed
  • Post COVID consumer spending on Antibodies: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Antibodies market growth.

More Valuable Insights on Antibodies Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Antibodies, Sales and Demand of Antibodies, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

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