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Research Antibodies and Reagents Market Report: Size, Share, Growth And Detailed Analysis, Forecast To 2033
Research Antibodies and Reagents Market Report
As per the report, the research antibodies and reagents market size has grown strongly in recent years. It will grow from $15.19 billion in 2023 to $16.44 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The research antibodies and reagents market size is expected to see strong growth in the next few years. It will grow to $24.04 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%.
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Boosting Investment In Medical And Health Research And Development Drives Research Antibodies And Reagents Market
Increasing investment in medical and health research and development (R&D) is predicted to contribute to the growth of the research antibodies and reagents market. In the field of life science research, antibodies and reagents are essential components for the investigation of biological processes or causes of diseases through careful experimentation, observation, laboratory work, analysis, and testing. For instance, in April 2021, according to a report published by the Congressional Budget Office, a US-based government agency that provides budget and economic information, pharmaceutical companies will have invested $83 billion on research and development activities around the world. Thus, increasing investment in healthcare research and development will increase the utilization of the research antibodies and reagents market.
Opportunities Arising From Technological Advancements In Antibody And Reagent Purification
Technological advancements in the area of purification of antibodies and reagents show opportunities for the growth of the research antibodies and reagents market during the forecast period. Irreproducible antibodies and reagents are a major challenge for the industry, as this will affect the outcome of the research. For instance, in April 2021, Native Antigen Company, a UK-based developer and manufacturer of antigens and antibodies, launched a SARS-CoV-2 Neutralisation Assay Development Kit, which includes all the necessary reagents for measuring Spike-antibody binding. The kit is specifically designed for the identification and qualitative measurement of neutralizing antibodies, with a focus on the RBD-ACE2 interaction.
The research antibodies and reagents market covered in this report is segmented -
1) By Technology: Western Blot, Immunofluorescence, Immunohistochemistry, Flow Cytometry, Enzyme-Linked Immunosorbent Assay (Elisa), Others
2) By Application: Proteomics, Genomics, Other Applications
3) By End User: Pharmaceutical & Biotechnology Industry, Academic & Research Institutes, Contract Research Organizations (CROs)
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Major companies operating in the research antibodies and reagents market report are Thermo Fisher Scientific Inc., Abcam plc, Cell Signaling Technology, Inc., Merck KGaA, Santa Cruz Biotechnology, Inc., Bio-Rad Laboratories, Inc., Danaher Corporation, Johnson & Johnson, F. Hoffmann-La Roche AG, Becton Dickinson and Company, Biocon, Immunochina, Takara Bio, GE Healthcare, Zhejiang Kangte Biotechnology Co., Ltd., Wuxi Tech-star Technology Co., Ltd., Shaanxi Bloom Tech Co., Ltd., PerkinElmer Inc., Lonza Group AG, GenScript Biotech Corporation, Bio-Techne Corporation.
Contents of the report:
1. Executive Summary
2. Research Antibodies and Reagents Market Report Structure
3. Research Antibodies and Reagents Market Trends And Strategies
4. Research Antibodies and Reagents Market - Macro Economic Scenario
5. Research Antibodies and Reagents Market Size And Growth
…..
27. Research Antibodies and Reagents Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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