The custom antibody market was estimated to be worth USD xx billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of xx.x% from 2024 to 2034, reaching USD xx billion. The market is stable and expanding since it is in line with the healthcare industry.
The term "custom antibody" refers to the protein that is made to combat foreign substances that enter the body and cause a number of health problems, including as allergic infections, cardiovascular disorders, and digestive disorders.
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GROWTH DRIVERS
The market for bespoke antibodies in research and therapies is driven by the increase in the prevalence of infectious and chronic diseases. According to the Centers for Disease Control and Prevention (CDC), the number of outbreaks of diseases like cholera and viral hemorrhagic fevers is rising, and the spread of diseases like dengue and yellow fever is speeding up as a result of the expansion of the vector range. Additionally, the morbidity and mortality rates from pathogens that are resistant to antibiotics are sharply rising.
Furthermore, the market where cancer plays a critical role in cancer diagnostics is significantly driven by the development of biomarker discovery and cancer immunotherapy. The need for better healthcare infrastructure and access to affordable cancer services is underscored by the Union for International Cancer Control's projection that the number of cancer cases will rise to 35 million by 2050.
MARKET SEGMENTATION:
· By Service- Antibody development, antibody production and purification, antibody fragmentation and labeling
· By Type – polyclonal antibodies, monoclonal hybridoma, recombinant proteins and others
· By Source – rabbits, chickens, goats, guinea pigs, mice and others
· By Application- research and therapeutics
· By Indication- oncology, infectious diseases, neurology, stem cells, immunology, cardiovascular diseases
· By End Users- pharmaceutical and biotechnology companies, academic and research institutes, CROs and CDMOs
· By Regions- North America, Europe, Asia Pacific, South America, Middle East and Africa
Global Key Players:
· Thermo Fisher
· GenScript
· Bio-Rad laboratories
· Merck
· Agilent
· Danaher Corporation
· Revvity
· Eurogentec
· Abmart
· RayBiotech
· Other Players
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