According to the recent study the diagnostic specialty antibody market is projected to grow at a CAGR of 4%-6% from 2020 to 2026. Growth in this market is primarily driven by surge in government investment in diagnostic health care and increase in launch of new and innovative biologic diagnostic kits.
Browse XX figures / charts and XXtables in this 150-page report to understand trends, opportunities and forecast in diagnostic specialty antibodymarketby antibody type (monoclonal antibodies, polyclonal antibodies, and recombinant polyclonal antibodies), application (hepatitis diagnosis, tuberculosis diagnostics, dengue diagnostics, oncology diagnostics, HIV diagnostics, and infectious disease diagnostics), end user (hospitals and diagnostic laboratories), and region (North America, Europe, Asia Pacific, and Rest of the World).
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“Monoclonal antibodies market is expected to remain the largest segment during the forecast period.”
Based on antibody type, the diagnostic specialty antibodymarket is segmented intomonoclonal antibodies, polyclonal antibodies, and recombinant polyclonal antibodies.Lucintel forecasts that the monoclonal antibodiesmarket is expected to remain the largest segment during the forecast periodas monoclonal antibodies play a vital role in the diagnosis of many infectious and chronic diseases, such as cancer. Also, an increase in the importance of monoclonal antibodies in scientific research for generation is projected to boost this segment over the forecast period.
“Within the diagnostic specialty antibodymarket, the hospitalssegment is expected to remain the largest end user”
Based on end user, the hospitals segment is expected to witness the largest segment over the forecast period due toincrease in the number of infectious diseases and rise in prevalence of cancer and HIV infections are likely to boost the segment during the forecast period.
“North Americawill dominate the diagnostic specialty antibodymarket in near future”
North Americais expected to be the largest region over the forecast period due to recent advancements in diagnostic specialty antibody diagnostics, reimbursement for disease screening, and improved access to diagnostics are the major drivers of the diagnostic specialty antibody market in North America.
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Major players of diagnostic specialty antibodymarket are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Abcam, Sanofi, Abbott laboratories, Hoffmann-La Roche, Danaher, Bio-Rad Laboratories, BoehringerIngelheim International, Agilent Technologies, and AytuBioScienceare among the major diagnostic specialty antibodyproviders.
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