Market Size in 2019 | Market Forecast in 2026 | CAGR (in %) | Base Year |
---|---|---|---|
USD 200 million | USD 700 million | 11% | 2019 |
The global custom antibody market size was worth around USD 200 million in 2019 and is predicted to grow to around USD 700 million by 2026 with a compound annual growth rate (CAGR) of roughly 11% between 2020 to 2026. The report offers valuation and analysis of Custom Antibody market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Million).
Antibodies are produced in the human body of host in reaction to entry of foreign bodies. These foreign bodies are termed as antigen and are recorded by immune system of the body. Moreover, the natural body reaction to foreign bodies resulting in production of antibodies can then be used for producing custom antibodies targeted at certain kind of disease antigens for combating & eliminating them. In addition to this, custom antibodies provide more specificity in comparison to regular antibodies. Apart from this, custom antibodies can be produced easily as compared to any other kind of antibodies and hence are preferred more in performing various types of research activities.
Surge in the research activities in Lifesciences & biotechnology along with rising industry-academia partnerships will culminate into huge market growth over the assessment period. Additionally, escalating awareness pertaining to personalized therapeutics is projected to embellish custom antibody market growth trends. Apart from this, massive requirement for substantial capital funding in research activities pertaining to production of antibodies will prompt the expansion of custom antibody industry over the forecast timeline. Growing occurrence of contagious ailments will impel market demand in the years ahead. With monoclonal antibodies gaining humungous popularity in healthcare sector, custom antibody business is likely to accelerate in the upcoming years.
Report Attributes | Report Details |
---|---|
Report Name | Custom Antibody Market Research Report |
Market Size in 2019 | USD 200 million |
Market Forecast in 2026 | USD 700 million |
Growth Rate | CAGR of 11% |
Number of Pages | 214 |
Key Companies Covered | Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., Merck Group, Cell Signaling Technology Inc., GenScript, BioLegend , Rockland Immunochemicals |
Segments Covered | By End-User, By Type, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2019 |
Historical Year | 2015 to 2018 |
Forecast Year | 2020 - 2026 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America To Contribute Lucratively Towards Overall Market Size By 2026
The expansion of custom antibody industry in North America over 2020-2026 is due to large-scale investments by the private firms & government institutions in producing structure-based drugs. In addition to this, surge in the research activities in genomics & proteomics domains will expedite the regional market size over the projected timeframe. Apart from this, huge need for high quality research methods and focus on producing antibody-based healing methods will proliferate the regional market size over the coming years. Additionally, large presence of giant participants in the sub-continent will embellish the regional industry trends.
Key participants profiled in the study include
By End-User:
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By Region
FrequentlyAsked Questions
Surge in the research activities in Lifesciences & biotechnology along with rising industry-academia partnerships will culminate into huge market growth over the assessment period. Additionally, escalating awareness pertaining to personalized therapeutics is projected to embellish custom antibody market growth trends. Apart from this, massive requirement for substantial capital funding in research activities pertaining to production of antibodies will prompt the expansion of custom antibody industry over the forecast timeline. Growing occurrence of contagious ailments will impel market demand in the years ahead. With monoclonal antibodies gaining humungous popularity in healthcare sector, custom antibody business is likely to accelerate in the upcoming years.
According to Zion Market Research report, The global Custom Antibody market, which was estimated at about 200 (USD Million) in 2019 and is predicted to accrue earnings worth 700(USD Million) by 2026, is set to record a CAGR of nearly over 11% during 2020-2026.
North America is likely to make noteworthy contributions towards overall market revenue during forecast timespan. The growth of the industry in the sub-continent over the estimated period is credited to large-scale investments by the private firms & government institutions in producing structure-based drugs. In addition to this, surge in the research activities in genomics & proteomics domains will expedite the regional market size over the projected timeframe. Apart from this, huge need for high quality research methods and focus on producing antibody-based healing methods will proliferate the regional market size over the coming years. Additionally, large presence of giant participants in the sub-continent will embellish the regional industry trends.
Key players profiled in the study are Thermo Fisher Scientific, Inc., Bio-Rad Laboratories, Inc., Merck Group, Cell Signaling Technology, Inc., GenScript, BioLegend , and Rockland Immunochemicals.
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