Custom Antibody Market Analysis 2018-2023 with 12 Leading Company Profiles

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The Custom Antibody Market is expected to reach US$ 481 Million by 2023 from an estimated US$ 313 Million in 2018, at a CAGR of 8.9%. Increase in research activities (especially in the life sciences industry), growing industry-academia collaborations, and the expanding antibody therapeutics pipeline are the primary growth drivers for this market. Rapid growth in developing countries across APAC and Latin America and the increasing demand for personalized medicine and protein therapeutics are expected to offer significant growth opportunities for players in this market.

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“Antibody production & purification segment to grow at the highest rate during the forecast period.”
On the basis of services, the custom antibody market is segmented into antibody development, antibody production & purification, and antibody fragmentation & labeling. The antibody production & purification segment is projected to witness the highest growth in the custom antibody services market during the forecast period.

“APAC is projected to witness the highest growth during the forecast period.”
Even though North America is expected to account for the largest share of the global custom antibody market in 2018, APAC is expected to witness the highest CAGR during the forecast period. The growing Asian scientific base and capability, growing proteomics and genomics research and increasing research funding, increasing investments by pharmaceutical and biotechnology companies, growing awareness about personalized therapeutics, and increasing research activities in the field of mAb-based therapeutics are factors driving the growth of this regional segment.

A breakdown of the primary participants referred to for this report is provided below:
• By Company Type: Tier 1–48%, Tier 2–34%, and Tier 3–18%
• By Designation: C-level–42%, Director Level–40%, and Others–18%
• By Region: North America–35%, Europe–25%, Asia Pacific–30%, Row – 7%

The Study Objectives of this report are:

• To forecast the size of the custom antibodies market in five main regions North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (along with major countries)

• To provide detailed information about the factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

• To track and analyze competitive developments such as acquisitions, product launches, expansions, collaborations, partnerships, agreements, and R&D activities of the leading players in the custom antibodies market

• To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

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Top Key Players in the “Custom Antibody Market” include are Thermo Fisher Scientific Inc. (US), Bio-Rad Laboratories, Inc. (US), Merck Group (Germany), Abcam plc (UK), Cell Signaling Technology, Inc. (US), Agilent Technologies, Inc. (US), GenScript (US), BioLegend, Inc. (US), Rockland Immunochemicals (US), ProMab Biotechnologies (US), Innovagen AB (Sweden), and ProteoGenix (US).

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