Market Highlights:
The Global Custom Antibody Market is
expected to register a growth of significant CAGR 9.6% during the forecast
period (2018–2023). The custom antibody provides high specificity and
selectivity, these are easy to produce as compared to other antibodies and are
hence the preferred choice in all types of research studies. Rising geriatric
population, growing R&D investment and number of drugs in the pipeline are
further anticipated to fuel the market growth. Growth in this segment is mostly
driven by the need for high-quality antibodies for research reproducibility and
producing high-quality therapeutics.
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Segmentation:
The Global Custom
Antibody Market has been segmented on the basis of service, source, type,
research area and end users.On the basis of service, the market has been
classified as antibody development, antibody production & purification,
antibody fragmentation & labeling. The antibody development is segmented in
to antibody characterization, antigen preparation, immunization & hybridoma
production. On the basis of source, the market has been classified as mice,
rabbits, human beings and others. On the basis of type, the market has been
classified as monoclonal antibodies, polyclonal antibodies, recombinant
antibodies, others. On the basis of research area, the market has been
classified as oncology, infectious diseases, immunology, neurobiology, stem
cells, cardiovascular diseases, other research areas. On the basis of end
users, the market has been classified as pharmaceutical & biotechnology
companies, hospitals and clinics, academic & research institutes, contract
research organizations.
Regional Analysis:
The Americas is projected to lead the custom antibody market
in the forecast period. Increasing healthcare awareness, advancement in
technology, medical tourism are some other factors that boost the growth of the
market. Also, growing investments in the progress of structure-based drug
designs, growing focus on developing antibody-based therapeutics, rising
research in the fields of genomics field, increasing demand for good quality
research tools for data reproducibility and the existence of a huge number of
global players in this region.
The European market is expected to hold the second largest
market share. The market is expected to witness growth owing to the rising
patient population, changing lifestyle, and growing elderly population. This is
expected to provide favorable backgrounds for the market to grow. According to
the Parkinson’s news today, the frequency of Parkinson’s disease in the U.K. is
about 1 in 500 people, with a total of about 127,000 people living with the
disease. According to Capra Science, a European company specialized in custom
antibody production, llama-derived nanobodies might find therapeutic
application in Parkinson’s disease.
Asia-Pacific is projected to be the fastest growing region
for the global custom antibody in 2018. It is expected to witness profitable
growth over the forecast period due to the existence of favorable healthcare
schemes drafted by government agencies and growing research activities in the
field of mAb-based therapeutics. Awareness programs and quality assurance of
diagnostic procedures have added importance in the developing economies of
Korea, Taiwan, China, Sri Lanka and India since the last few years.
The Middle East and Africa accounts for the least share due
to stringent government policies and low per capita income.
Key Players:
Some of the key players in the global custom antibody market
are Thermo Fisher Scientific Inc., Genscript, Abcam PLC, Merck Group, Bio-Rad
Laboratories, Inc., Cell Signaling Technology, Inc., Agilent Technologies,
Inc., Biolegend, Inc., Rockland Immunochemicals Inc., Promab Biotechnologies,
Inc., Proteogenix, Innovagen Ab.
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Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
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