Antibody Discovery Market Fueled By Rising Demand For Precision Therapeutics: Key Factor Driving The Growth In The Antibody Discovery Market

The Antibody Discovery Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Antibody Discovery Market Size During the Forecast Period?
The market for antibody discovery has been expanding at a rapid pace lately. It is projected to expand from $8.96 billion in 2024 to $9.87 billion in 2025, recording a compound annual growth rate (CAGR) of 10.2%. Factors such as a rise in funding for drug discovery, increased investment in research and development operations, and the prevalence of diverse healthcare research centers and academic institutions have fueled the growth witnessed during the historic period.

The market size for antibody discovery is forecasted to witness intensive expansion over the coming years, achieving a value of $14.6 billion in 2029 with a compound annual growth rate (CAGR) of 10.3%. Various factors contribute to this projected growth during the forecast period, including a rising need for antibody drug discovery services and platforms, an increase in funding for creating new technologies, a growth in demand for precision therapeutics, and a wider use in functions beyond their classic therapeutic roles. Within the forecast period, significant trends involve increased R&D activities, a surge in demand for monoclonal antibodies, extensive embrace of cutting-edge technologies, growing need for targeted therapeutics, and production of novel antibody formats.

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What Are the High-Growth Segments in the Antibody Discovery Market?
The antibody discovery market covered in this report is segmented -

1) By Methods: Phage Display, Hybridoma, Other Methods
2) By Antibody Type: Humanized Antibody, Human Antibody, Chimeric Antibody, Murine Antibody
3) By End Users: Pharmaceutical And Biotechnology Industry, Research Laboratory, Academic Laboratory

Subsegments:
1) By Phage Display: Selection And Screening Techniques, Optimization Methods
2) By Hybridoma: Monoclonal Antibody Production, Screening And Selection Processes
3) By Other Methods: Transgenic Mouse Technology, B-Cell Engineering, Single-Cell Sorting Techniques

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What Key Drivers Are Expected to Influence Future Antibody Discovery Market Growth?
The increasing demand for precision medicine, or personalized medical treatment, is projected to fuel the expansion of the antibody discovery market. Antibody discovery, which is an essential component of precision medicine, allows for the creation of targeted treatments, such as monoclonal antibodies. These therapies are designed to interact with molecules or cells associated with diseases in a precise and specific manner, enhancing treatment effectiveness and personalization. For instance, in January 2023, as per the Personalized Medicine Coalition, an American professional membership body, the Food and Drug Administration's Center for Drug Evaluation and Research (CDER) gave approval to 37 new molecular entities (NMEs) in 2022. Of these, approximately 34% or 12 were identified as personalized medicines by the Personalized Medicine Coalition (PMC). Therefore, the rising demand for precision medicine is set to bolster the antibody discovery market's growth.

Which Companies Hold the Largest Share Across Different Antibody Discovery Market Segments?
Major companies operating in the antibody discovery market report are Danaher Corporation, Eurofins Scientific, Sartorius AG, Charles River Laboratories, Bruker Corporation, WuXi Biologics, Genmab A/S, Evotec, Cambrex corporation, ChemPartner, Aragen life science Pvt ltd, Genscript Technology Corporation, Biocytogen, Alcami Corporation Inc, Twist Bioscience, BioDuro-Sundia, Fairjourney Biologics S.A, Harbour BioMed, Rockland Immunochemicals, Creative Biolabs, Synbio technologies, ImmunoPrecise, Ablexis, Myrio Therapeutics, Antibody Solutions, MabSilico

What Trends Are Driving Growth in The Antibody Discovery Market?
Leading organizations in the antibody discovery market are pioneering novel innovations like AI-powered computational antibody drug discovery platforms to bolster the accuracy and efficacy of antibody development. These platforms employ artificial intelligence and computational methodologies to fast-track the discovery and refinement of therapeutic antibodies. For instance, SwiftPharma BV, a Belgium-based firm that develops recombinant proteins using a specialized plant-based system, launched an AI-guided antibody discovery platform in October 2023. This cutting-edge resource integrates artificial intelligence, massive data sets, machine learning, and phage display techniques to swiftly forecast antibody-antigen binding with high specificity and affinity. Drawing parallels with natural language processing, this strategy produces a variety of antibody alterations, allowing SwiftPharma to effectively build exhaustive antibody libraries. This sophisticated platform hastens the discovery of prospective antibody drugs with unparalleled speed.

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What Are the Emerging Geographies for The Antibody Discovery Market Growth?
North America was the largest region in the antibody discovery market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the antibody discovery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Antibody Discovery Market?
2. What is the CAGR expected in the Antibody Discovery Market?
3. What Are the Key Innovations Transforming the Antibody Discovery Industry?
4. Which Region Is Leading the Antibody Discovery Market?

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