Press release
Global Antibody Production Market: Growth Trends, Technological Advances, and Market Players
The global antibody production market has witnessed significant growth in recent years, driven by a rising demand for antibody-based therapeutics and the increasing prevalence of chronic and infectious diseases. Analysts project a steady expansion in this market from 2023 to 2031, with a Compound Annual Growth Rate (CAGR) of 7.8%. The industry's value is anticipated to reach US$ 30.7 billion by the end of 2031, up from US$ 15.6 billion in 2022.๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ณ๐ผ๐ฟ ๐ฎ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฎ๐ (๐จ๐๐ฒ ๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ฒ ๐ ๐ฎ๐ถ๐น ๐๐ฑ ๐ณ๐ผ๐ฟ ๐ค๐๐ถ๐ฐ๐ธ ๐ฅ๐ฒ๐๐ฝ๐ผ๐ป๐๐ฒ)ย -ย
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๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐ ๐ฎ๐ป๐ฑ ๐๐ฟ๐ผ๐๐๐ต ๐๐ฟ๐ถ๐๐ฒ๐ฟ๐
Antibody production is a critical process involving the creation of antibodies by the immune system to identify and neutralize foreign substances such as viruses, bacteria, and cancer cells. These antibodies have become indispensable tools in various fields, including medical research, diagnostics, and therapeutics. The antibody production market is fueled by technological advancements in production methods and a surge in demand for personalized medicine and targeted therapies.
The emergence of the COVID-19 pandemic further escalated the demand for antibodies for research, diagnosis, and treatment purposes. Biotech and pharmaceutical companies have been actively developing monoclonal antibodies for COVID-19 treatment and management.
๐ ๐ผ๐ป๐ผ๐ฐ๐น๐ผ๐ป๐ฎ๐น ๐๐ป๐๐ถ๐ฏ๐ผ๐ฑ๐ถ๐ฒ๐ ๐๐ฒ๐ฎ๐ฑ ๐๐ต๐ฒ ๐ช๐ฎ๐
Monoclonal antibodies (mAbs) have become a cornerstone of modern medicine, with numerous applications in cancer treatment, autoimmune disorders, infectious diseases, and more. These antibodies are known for their specificity and efficiency in targeting diseases. The FDA reported a growing number of mAbs in clinical use, with continuous approvals for new ones. Over 570 mAbs are under clinical trials, highlighting their significance in treating a wide range of conditions.
๐๐๐ ๐๐ต๐ถ๐ ๐ฃ๐ฟ๐ฒ๐บ๐ถ๐๐บ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ | ๐๐บ๐บ๐ฒ๐ฑ๐ถ๐ฎ๐๐ฒ ๐๐ฒ๐น๐ถ๐๐ฒ๐ฟ๐ ๐๐๐ฎ๐ถ๐น๐ฎ๐ฏ๐น๐ฒ ๐ฎ๐ -ย
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๐ง๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ถ๐ฐ๐ฎ๐น ๐๐ฑ๐๐ฎ๐ป๐ฐ๐ฒ๐บ๐ฒ๐ป๐๐ ๐ง๐ฟ๐ฎ๐ป๐๐ณ๐ผ๐ฟ๐บ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐ถ๐ฒ๐น๐ฑ
Technological advancements have revolutionized antibody production methods, resulting in increased efficiency, precision, and speed. Techniques like hybridoma technology, phage display, and recombinant DNA technology have paved the way for more effective antibody production. The phage display method, for example, allows in vitro selection of monoclonal antibodies, eliminating the need for animal immunization. High-throughput screening techniques and automation further expedite antibody candidate identification.
๐๐ผ๐๐ป๐๐๐ฟ๐ฒ๐ฎ๐บ ๐ฃ๐ฟ๐ผ๐ฐ๐ฒ๐๐๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ผ๐บ๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ
The downstream processing segment, involving the purification and isolation of antibodies from complex biological mixtures, is expected to dominate the market. This process ensures the quality and potency of the final antibody product. Recent advancements, including single-use sensors, membrane chromatography technology, and data analytics, have enhanced the efficiency and cost-effectiveness of downstream processing.
๐ฃ๐ต๐ฎ๐ฟ๐บ๐ฎ๐ฐ๐ฒ๐๐๐ถ๐ฐ๐ฎ๐น ๐ฎ๐ป๐ฑ ๐๐ถ๐ผ๐๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐๐ฒ๐ฎ๐ฑ ๐๐ฑ๐ผ๐ฝ๐๐ถ๐ผ๐ป
Pharmaceutical and biotechnology companies are at the forefront of adopting antibody-based therapeutics. Monoclonal antibodies are extensively used in drug discovery, development, and commercialization. These companies invest heavily in research and development to introduce advanced monoclonal antibodies for various therapeutic applications. Additionally, the adoption of personalized and precision medicine approaches further propels the use of monoclonal antibodies.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ณ๐ผ๐ฟ ๐ฐ๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฎ๐ย -
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๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐ข๐๐๐น๐ผ๐ผ๐ธ: ๐ก๐ผ๐ฟ๐๐ต ๐๐บ๐ฒ๐ฟ๐ถ๐ฐ๐ฎ ๐๐ฒ๐ฎ๐ฑ๐ ๐๐ต๐ฒ ๐ช๐ฎ๐
North America is expected to hold the largest market share from 2023 to 2031. The region boasts a robust ecosystem for drug discovery and development, driven by a skilled workforce and advanced research facilities. The adoption of biopharmaceuticals and advanced technologies like AI contributes to market growth in North America.
Asia Pacific is also projected to experience steady growth, driven by investments in research and development of advanced antibodies and increased adoption of antibody-based treatments.
๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ฎ๐ป๐ฑ ๐๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐๐
Key players in the antibody production market include Danaher Corporation, Merck KGaA, Thermo Fisher Scientific Inc., and more. These entities offer high-quality antibody production services and are actively involved in R&D to expand their market share.
๐ ๐ผ๐ฟ๐ฒ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐ฏ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต -
Peptide Therapeutics Market
https://www.globenewswire.com/en/news-release/2023/04/14/2647305/0/en/Peptide-Therapeutics-Market-Size-to-Hit-USD-91-25-Bn-by-2031-TMR-Study.html
Blood Testing Market
https://www.globenewswire.com/en/news-release/2023/04/14/2647267/0/en/Blood-Testing-Market-to-Reach-USD-218-2-Bn-by-2032-Growing-at-a-9-6-CAGR-TMR-Study.html
๐๐ฏ๐ผ๐๐ ๐จ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, providesย custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐
Nikhil Sawlani
Transparency Market Research Inc.
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