Press release
Antibodies Contract Manufacturing Market : US Poised to Achieve Continuing Growth| grow at a CAGR of 12.5%
Antibodies Contract Manufacturing Market has value of $3.87 billion in 2020. Demand for contract development and manufacturing will be fueled by a strong biologics pipeline and the development and introduction of next-generation biotherapeutics to treat significant life-threatening conditions like chronic illnesses, autoimmune diseases, and cancer.Additionally, the progression of the disease and product approvals internationally, along with the growing number of R&D alliances between various public and commercial organisations, are significant variables that are anticipated to fuel demand for antibodies contract manufacturing over the forecast period.
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Companies Covered in This Report -
AMRI
AGC Biologics
Aldevron
Eurofins CDMO
Boehringer Ingelheim BioXcellence
FUJIFILM Diosynth Biotechnologies
Emergent BioSolutions
KBI Biopharma
Lonza
Novasep
Nitto Avecia Pharma Services
Pierre Fabre
Samsung BioLogics
Synthon
Thermo Fisher Scientific
AbbVie, Inc.
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What factors limit the demand for contract manufacturing of antibodies?
The cost of finished goods is significantly influenced by global regulatory laws, cGMP, inspection regime tightening, supply chain security challenges across rising countries, and R&D financing for some initiatives. Due to these considerations, new entrants who want to enter the biopharmaceutical contract manufacturing industry face financial difficulties.
One of the main obstacles is the high investment required for contract manufacture of antibodies, as biopharma companies have invested more than US$ 50 Bn in new facilities and machinery in the last five years alone. A large portion of that has been in emerging markets and tax havens like Singapore and Ireland.
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Key Segments Covered in Antibodies Contract Manufacturing Market
Industry Research
Antibodies Contract Manufacturing Market By Product :
Monoclonal Antibodies
Antibody Fragments
Polyclonal Antibodies
Antibodies Contract Manufacturing Market By Expression System:
Mammalian
Microbial
Bacteria
Yeast
Antibodies Contract Manufacturing Market By Company Size:
Small
Mid-sized
Large
Very large
Antibodies Contract Manufacturing Market By Scale of Operation:
Preclinical
Clinical
Commercial
Antibodies Contract Manufacturing Market By Region:
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa
FAQ's:
What is the current market size of the contract production of antibodies globally?
What is the anticipated sales growth for the contract manufacture of antibodies through 2031?
What are the main trends influencing the demand for antibodies in contract manufacturing?
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About Us
Persistence Market Research's Expertise in Life Sciences and Transformational Health
Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations. Click here to learn more about how we zero in on the critical aspects of this industry.
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