Custom Antibodies: A $300 Million Market Powering Research in Life Sciences and Beyond | Get Statistics on the Top Key Companies

Market Overview

The Custom Antibody Market Size reached USD 0.16 billion in 2022 and is expected to increase from USD 0.17 billion in 2023 to USD 0.3 billion by 2030, with a compound annual growth rate (CAGR) of 9.8% during the forecast period (2023 - 2030).

Custom antibodies are highly sought after due to their high specificity and selectivity, making them preferable for various research studies. Compared to other antibodies, custom antibodies are easier to produce, further enhancing their appeal across research endeavors. The increasing geriatric population, coupled with growing investments in research and development (R&D) and a rising number of drugs in the pipeline, are expected to further propel market growth. Moreover, the demand for high-quality antibodies for research reproducibility and the development of high-quality therapeutics are key factors driving growth in this segment.

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Market Trends

Custom antibodies find application in both qualitative and quantitative immune detection, offering superior selectivity and specificity compared to regularly cultured antibodies. Their relative ease of production compared to other antibodies makes them a favored choice for diverse research studies. Customized antibodies can be tailored for production in various hosts such as hamsters, mice, or rats to meet specific requirements.

The adaptive immune system produces antibodies in response to invading pathogens, locking onto and recognizing specific molecules associated with these pathogens. Researchers globally are leveraging this physiological process to develop unique antibodies targeting specific infections or medical conditions. Companies offer a wide range of antibodies catering to researchers' diverse needs.

Market expansion is driven by the growing research efforts in biology and life sciences, coupled with increasing patient awareness regarding drug efficacy. The rising adoption of immunotherapeutic and targeted therapies, known for their efficacy and reduced complications, also contributes to the market's growth. Personalized antibodies are gaining traction, particularly in cancer and chronic disease treatment. For instance, GenScript introduced MonoRab, a novel rabbit mAB, in June 2021, leveraging mAB sequencing and hybridoma technologies for enhanced affinity and specificity in various applications.

Furthermore, factors such as growing government funding, advancements in biotechnology research, changing disease profiles, and increased public-private partnerships contribute to the revenue growth of the custom antibody market.

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Competitive Insights

Key Companies in the market of custom antibody include

Thermo Fisher Scientific Inc
Genscript
Abcam PLC
Merck Group
Bio-Rad Laboratories Inc
Cell Signaling Technology Inc
Agilent Technologies Inc
Biolegend Inc
Rockland Immunochemicals Inc
Promab Biotechnologies Inc

Regional Analysis

The Global Custom Antibody Market is segmented based on service, source, type, research area, and end-users. In terms of service, it encompasses antibody development, which includes antibody characterization, antigen preparation, immunization & hybridoma production, antibody production & purification, and antibody fragmentation & labeling. Sources for custom antibodies include mice, rabbits, human beings, and others. The types of custom antibodies include monoclonal antibodies, polyclonal antibodies, recombinant antibodies, and others. Research areas where custom antibodies find application include oncology, infectious diseases, immunology, neurobiology, stem cells, cardiovascular diseases, and other research areas. End-users of custom antibodies comprise pharmaceutical & biotechnology companies, hospitals and clinics, academic & research institutes, and contract research organizations.

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Regional Analysis

Regionally, the Americas are projected to lead the market, driven by increasing healthcare awareness, technological advancements, and medical tourism. Additionally, investments in structure-based drug designs and research in genomics contribute to market growth. Europe is expected to hold the second-largest market share, fueled by a rising patient population, changing lifestyles, and an aging population. Diseases like Parkinson's are prevalent, leading to increased demand for custom antibody solutions. Asia-Pacific is projected as the fastest-growing region due to favorable healthcare schemes by government agencies and growing research activities in mAb-based therapeutics. Developing economies like Korea, Taiwan, China, Sri Lanka, and India are witnessing increased awareness programs and quality assurance in diagnostic procedures. In contrast, the Middle East and Africa account for the least share due to stringent government policies and low per capita income.

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