According to Emergen Research, the global research antibodies market size was USD 3,354.2 million in 2019 and is expected to reach USD 5,325.8 million in 2027 and register a revenue CAGR of 5.9% during the forecast period, 2020-2027.
Emergen Research has recently published its latest report titled “Research Antibodies Market By Product, By Antibody Type (Monoclonal, Polyclonal), By Technology, By Application, By End-Users (Pharmaceutical & Biopharmaceutical Firms, Academic & Research Institutes, Contract Research Organizations), Forecasts to 2027.”
According to Emergen Research, the global research antibodies market size was USD 3,354.2 million in 2019 and is expected to reach USD 5,325.8 million in 2027 and register a revenue CAGR of 5.9% during the forecast period, 2020-2027.
Market Dynamics:
Research antibodies are specifically designed to dependable detect the targets and each antibody is often validated for its application for use in numerous applications such as immunofluorescence, western blot, and immunohistochemistry, among others. Research antibodies are widely used in fields such as neuroscience, cancer research, stem cell research, regenerative medicine, cell biology, cardiovascular research, and infection and immunology research. Increasing demand for research antibodies due to rising research activities, growing global prevalence of chronic and severe diseases such as cancer, neurodegenerative disorders, and CVD, and rising focus on improving validation processes of research antibodies are some key factors expected to drive market revenue growth over the forecast period. In addition, advancements in development of monoclonal antibodies and its expanding applications scope and rising investment in biopharmaceutical sector are some other factors expected to drive revenue growth of the market going ahead.
Antibodies are often developed by immunizing an animal with antigen and on successful immunization the animal produces antibodies that can detect all or part of immunogen depending on its specificity to elicit immune response. Monoclonal antibodies are isolated from B-cell clones that are selected on their ability to detect the antigen and often require minimal purification. Polyclonal antibodies require purification against the antigen before it can be used to remove serum proteins and non-specific immunoglobulins. Increasing research is being carried out to develop high-quality and well characterized antibodies to accelerate molecular and cellular neuroscience research and this is expected to further contribute to revenue growth of the market going ahead. However, complexities of validation processes, high costs of research antibodies, and limited availability of well characterized antibodies are some factors that can restrain market growth to a certain extent over the forecast period.
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COVID-19 Impact Analysis
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Disrupted agriculture, fisheries, dairy, and other sectors
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Primary Antibodies Segment to Account for Largest Revenue Share:
Primary antibodies segment is expected to account for largest revenue share over the forecast period attributable to increasing use of primary antibodies in research studies, availability of various types of primary antibodies at cost-effective prices, and rising research activities to generate high-quality primary antibodies.
Monoclonal Antibodies Segment to Register Significant Revenue Growth:
Monoclonal antibodies segment is expected to register significant revenue growth over the forecast period attributable to increasing application of monoclonal antibodies in treatment of a wide range of diseases such as cancer, multiple sclerosis, neurodegenerative diseases, cardiovascular diseases, and systemic lupus erythematosus, among others.
North America to Lead in Terms of Revenue Share:
North America is expected to dominate other regional markets in terms of revenue share over the forecast period attributable to increasing incidence of cancer and other chronic diseases, rising research and development activities in pharmaceutical sector, growing need for personalized medicine, significant progress of biopharmaceutical sector, advancements in genomics and proteomics, and presence of key companies in the region.
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Major Companies in the Market Include:
- Lonza Group
- Becton, Dickinson and Company
- Agilent Technologies
- Bio-Rad Laboratories
- Abcam PLC
- PerkinElmer, Inc.
- Thermo Fisher Scientific
- Merck Millipore
- F.Hoffmann-La Roche AG
- Cell Signaling Technology Inc.
For the purpose of this report, Emergen Research has segmented the global research antibodies market on the basis of antibody type, product, application, technology, end-use, and region:
Antibody Type Outlook (Revenue, USD Million; 2017-2027)
- Monoclonal
- Polyclonal
Product Outlook (Revenue, USD Million; 2017-2027)
- Primary Antibodies
- Secondary Antibodies
Application Outlook (Revenue, USD Million; 2017-2027)
- Oncology
- Infectious Diseases
- Stem Cells
- Neurobiology
- Immunology
- Others
Technology Outlook (Revenue, USD Million; 2017-2027)
- Western Blotting
- Flow Cytometry
- Immunofluorescence
- Immunohistochemistry
- Enzyme-linked Immunosorbent Assay
- Immunoprecipitation
- Others
End-Use Outlook (Revenue, USD Million; 2017-2027)
- Pharmaceutical & Biopharmaceutical Firms
- Academic & Research Institutes
- Contract Research Organizations
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Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA
Reasons to buy the report:
- This study segments the Research Antibodies market and derives the precise valuation of the overall, as well as segment-based, market across different industry verticals, geographies, and products.
- The report will help participants understand the trajectory of the progress of the market and provide information on key drivers, restraints, challenges, threats, and opportunities for the growth of the Research Antibodies sectors.
- This Research Antibodies report would allow readers to be well-versed with the existing competition and gain more insights to improve their standing in the worldwide business. The competitive landscape considers the dominant competitors, along with product launches and technological advancements, strategic expansions, mergers and acquisitions, and procurement strategies implemented by key players in the Research Antibodies market.
Key features of the report:
- To study the key aspects impacting the Research Antibodies market size.
- To identify growth prospects in the Research Antibodies market.
- To analyze the Research Antibodies market segments and deduce the dominant trends observed in the industry.
- To examine the Research Antibodies market by investigating the available products, market share, and value proposition of the products.
- To analyze the industry by assessing the scope and application of the Research Antibodies market and highlight the growth of each application.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2030
Chapter 3. Key Insights
Chapter 4. Research Antibodies Market Segmentation & Impact Analysis
4.1. Research Antibodies Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Continued…
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