Antibodies Market: Adoption of Protein Therapeutics Underpins the Growth || Key Players: Cell Signaling Technology, Genscript Biotech Corporation, Sigma Aldrich Corp, Crown Bioscience, Inc., Thermo Fisher Scientific, Inc.

Medical research institutes as well as leading companies in the pharmaceutical industry are stepping up their efforts toward development of profound therapeutics, which is resulting is development of efficacious antibody-based drugs. This Fact.MR report analyzes the expansion of global antibodies market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022. 

The recent study conducted by Fact. MR projects that Antibodies Market will cross a valuation of US$ 3,000 Mn by 2022-end, registering a moderate CAGR during the forecast period (2017-2022).

One mode through which immune system latches onto foreign substances is by constructing massive numbers of antibodies. Antibodies hover around the body until they spot the antigen; once attached—they can engage other parts of the immune system to decimate the antigen containing cells.

Soaring incidence of chronic diseases such as cancer, diabetes and autoimmune conditions have acted as catalysts to drug makers to further augment antibody-based products. Consequently, research and development activities concerning antibodies has exponentially propped up in the past few decades. Meanwhile, the U.S. Food and Drug Administration (FDA) has given consent to more than a dozen mAbs to treat certain cancers. In addition, soaring acceptance of protein therapeutics along with ubiquity of epidemic diseases is having a sanguine impact on the sale of antibody-based products.

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Currently, North America dominates the global antibodies market in terms of revenue and trend is projected continue in 2017 and beyond. In addition, the market in the region is expected to increase at a moderate CAGR during the forecast period (2017-2022). Presence of leading market players and existence of a well-established healthcare infrastructure is supporting the growth of the market in the region.

Antibodies Market: Overview

The report moots a comprehensive analysis on the market for antibodies for the assessment period 2018-2026. The report also delves into the dynamics surrounding the antibodies which significantly influence the growth of the Antibodies Market.

Furthermore, the report elucidates the segregation of the market which is anticipated to provide readers with an actionable insights which will aid them in taking proper decision based on segments historical and future growth estimates.

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The Fact.MR report provides segment-wise analysis and forecast for covering the wide scope of global antibodies market. Product type, end user, application and region are key segments that define the growth of the global antibodies market. In this segmentation analysis, a detailed countrywise forecast across all key market parameters is also included.

Primary Antibodies to Remain Top Selling Product Type  

On the basis of product type, the primary antibodies segment currently accounts for the highest share of the global antibodies market in terms of revenue. Towards the end of forecast period, the segment is expected to reach a valuation in excess of US$ 1,091 Mn, reflecting a steady CAGR. The primary antibodies segment is projected to create an absolute $ opportunity of US$ 168.4 Mn between 2017 and 2022.

Antibodies Market: Competitive Landscape

The report has also profiled key players operating in the global antibodies market, which include Abcam Plc, A.M.S. Biotechnology (Europe) Limited, Bio-Rad Laboratories, Inc., Cell Signaling Technology, Genscript Biotech Corporation, Sigma Aldrich Corp, Crown Bioscience, Inc., Thermo Fisher Scientific, Inc.

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This release was published on openPR.