Custom Antibody Market Overview
Custom antibodies are used in cellular research of all kinds, making them among the most popular products in the biotechnology industry today. Cellular research has taken on a vital role in the investigation into the origin and treatment of diseases such as cardiovascular diseases, infectious diseases, and cancer. This has driven the demand from the global Custom Antibody Market and is likely to remain the major market driver over the forecast period. The growing incidence of pathogenic and contagious diseases in the world is likely to be a major driver for the market over the forecast period. The increasing role of genetics in cancer research is also likely to be a major driver for the global custom antibody market, as cancer research is likely to be one of the best funded arms of healthcare research over the forecast period.
Companies in the global custom antibody market have gone to great lengths to provide absolute customization, along with online support for data storage and project tracking, which has steadily driven the demand from the market. Genetic research has become more important than ever in the life sciences sector due to its effectiveness in treating diseases at the root cause. This is likely to be one of the major drivers for the global custom antibody market over the forecast period.
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Custom Antibody Market 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.
Custom Antibody Market Player
- Cell Signaling Technology Inc.
- Agilent Technologies Inc.
- Biolegend Inc.
- Rockland Immunochemicals Inc.
- Promab Biotechnologies Inc.
Custom Antibody Market 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.
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The global custom antibody market is expected to exhibit a 9.6% CAGR between 2018 and 2023, according to a new market intelligence report from Market Research Future (MRFR).
The global custom antibody market is primarily driven by the growing demand from the life sciences sector, which has been driven by the growing demand for cellular research.
The report presents a comprehensive view of the global custom antibody market to the readers with the help of historical statistics illustrating the growth of the market through the review period along with the market’s current figures, to present reliable forecasts about the market’s movement over the forecast period from 2018 to 2023.Custom antibodies are used in cellular research of all kinds, making them among the most popular products in the biotechnology industry today.
Cellular research has taken on a vital role in the investigation into the origin and treatment of diseases such as cardiovascular diseases, infectious diseases, and cancer.
The growing incidence of pathogenic and contagious diseases in the world is likely to be a major driver for the market over the forecast period.
This is likely to be one of the major drivers for the global custom antibody market over the forecast period.Regional Analysis:The global custom antibody market is likely to be dominated by the Americas and Europe segments over the forecast period due to the presence of a solid, well-equipped research arm for the healthcare sector in these regions.
