NEW YORK, Nov. 16, 2021 /PRNewswire/ -- The global research antibodies market size is expected to reach USD 6.35 billion by 2028 according to a new study conducted by Polaris Market Research the market is anticipated to register a CAGR: 6.5% From 2021-2028. Increasing application scope of research antibodies in stem cells, oncology, immunology, and neurobiology emerge as the major driving force for the global market growth. Additionally, its increasing use to develop therapies for numerous chronic and infectious diseases such as cancer and COVID-19 is anticipated to augment the overall growth of the market. Moreover, increasing investments by biotechnology and pharmaceutical companies to boost genomics research is another key factor for the global market's development.
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Key Highlights of Research Antibodies Market
- Based on product, the primary antibodies segment dominated the global market and is expected to continue its dominance over the forecast period. The segment's growth is attributed to its rising adoption in the major R&D activities.
- In terms of type, the monoclonal antibodies accounted for the majority of the market share and are anticipated to take this lead ahead in the years to come. They have better sensitivity for antigen detection and have good staining properties for a variety of applications.
- Based on the source, the mouse segment emerged as the high revenue share generator in the global market. Market expansion is likely to be boosted by improvements in the development process of mouse-based research antibodies, such as the use of hybridoma technology, which aids in the manufacture of monoclonal antibodies in a variety of specialized cells.
- In terms of end-use, pharmaceutical and biotechnology companies segment continuously dominated the market and this trend is predicted to continue during the forecast period, on account of the rise in the use of research antibodies during drug discovery and development.
Regional Developments
The regional market in North America is dominated by the United States and Canada, which are among the largest markets for research antibodies. The research antibodies market in the United States and Canada is growing at a rapid rate as a result of increasing high investments in the development of structure-based drug design models, rising research in the fields of primary and secondary antibodies, and growing focus of stakeholders on research projects involving proteins associated antibodies, biomolecules, and genes.
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Competitive Outlook
An increase in the number of players investing in modern technologies and partnering with other key players is expected to have a major impact on research antibodies market progress. Several market players are currently concentrating their efforts on forming effective joint ventures, acquisitions, and/or collaborations to grow their respective customer bases. The market's major players have upgraded manufacturing facilities and are engaged in various R&D activities. Major participants such : Agilnet Technologies, Abcam Plc, Atlas Antibodies, Becton Dickinson & Company, Biolegend, Bio-rad Laboratories, Cell Signalling Technology, Danaher Corporation, F.Hoffman-La Roche, Genscript , Illumina , Immunoprecise Antibodies , Lonza Group, Merck Millipore, Perkin Elme Inc, Perkinelmer Roche Ltd., Thermo Fisher.
Target Audience
- Supply Side: Chemicals Company, Research Solutions Creator
- Demand Side: Biopharmaceutical Companies, Forensic Science Laboratories
- Regulatory Side: World Health Organization
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Polaris Market Research has segmented the research antibodies market report on the basis of product, type, technology, source, application, end-use and region:
Research Antibodies, Product Outlook (Revenue – USD Million, 2018 – 2028)
- Primary
- Secondary
Research Antibodies, Type Outlook (Revenue – USD Million, 2018 – 2028)
- Monoclonal
- Polyclonal
Research Antibodies, Technology Outlook (Revenue – USD Million, 2018 – 2028)
- Immunohistochemistry
- Immunofluorescence
- Western Blotting
- Flow Cytometry
- Immunoprecipitation
- ELISA
- Other Technologies
Research Antibodies, Source Outlook (Revenue – USD Million, 2018 – 2028)
- Mouse
- Rabbit
- Goat
- Other Sources
Research Antibodies, Application Outlook (Revenue – USD Million, 2018 – 2028)
- Infectious Diseases
- Immunology
- Oncology
- Stem Cells
- Neurobiology
- Other Applications
Research Antibodies, End-Use Outlook (Revenue – USD Million, 2018 – 2028)
- Academic & Research Institutes
- Contract Research Organizations
- Pharmaceutical & Biotechnology Companies
Research Antibodies, Regional Outlook (Revenue – USD Million, 2018 – 2028)
- North America
- U. S.
- Canada
- Europe
- France
- Germany
- UK
- Italy
- Spain
- Netherlands
- Austria
- Asia Pacific
- China
- India
- Japan
- Malaysia
- South Korea
- Indonesia
- Central & South America
- Mexico
- Brazil
- Argentina
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
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