Increasing Prevalence Of Chronic Diseases And Outbreak Of Infectious Disease Is Expected To Drive The Growth Of Research Antibodies Market
Research Antibodies Market Forecast and CAGR
According to the latest research by Fact.MR, the research antibodies market will experience substantial growth during the forecast period 2021-2031. Demand for research antibodies will elevate in the course of the forecast period while experiencing steady growth. Increased demand for research antibodies in diagnostic purpose and determination of serious medical conditions represents lucrative growth for the research antibodies market.
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What is Driving Demand for Research Antibodies?
Research specific antibodies are something where protein is used externally to detect the unwanted molecule into the body. It is basically used to understand what is going wrong in a cell or body. It acts as a biomarker to detect life-threatening diseases.
Increasing prevalence of chronic diseases and outbreak of infectious disease is expected to drive the growth of research antibodies market across the globe. According to World Health Organization, in 2020, approximately 1.5. Mn individuals were severely affected by an infectious disease like the coronavirus who require medical attention. Moreover, an increasing number of chronic disease patient like cancer, immunological disorders, etc. will also lead to a rise in demand for the research antibodies market.
In addition, tremendous research in the field of chronic disease and its diagnosis mitigation and treatment. This will also lead to significant growth in the research antibodies market.
Increasing Prevalence of Chronic disease may grow Research Antibodies Market
Increasing prevalence of the chronic disease is expected to reflect positive growth for the Research Antibodies market. One such disease is cancer which results in severe life threatening condition. The increasing prevalence of cancer mainly is expected to increase the demand for Research Antibodies. According to National Cancer Institute, in 2018 an estimated 16,353,421 people living with cancer of any site in the U.S.
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U.S. and Canada Research Antibodies Market Outlook
U.S. and Canada are among the largest market for research antibodies market making North America dominant. The U.S is growing due to high investments for the development of structure-based drug designs model, growing research in the fields of primary and secondary antibodies, and the focus of stakeholders on research projects involving proteins associated antibodies, research on biomolecules, and genes are the key driving factors of the market in U.S and Canada.
Europe Demand Outlook for Research Antibodies
Increasing usage of research antibodies for diagnostic and also in research work and clinical trials is expected to drive the growth of the research antibodies market in these regions. Additionally, the increasing research and development funding and increasing focus of the European governments on the healthcare system also represents steady growth for the research antibodies market.
Moreover, favourable reimbursement policies in many European countries will also boost further growth of the research antibodies market.
Who are the Key Manufacturers and Suppliers of Research Antibodies?
Some of the leading manufacturers operating in the research antibodies market include
- Thermo Fisher Scientific
- Merck Group
- Abcam plc
- Dickinson and Company
- Bio-Rad Laboratories
- Cell Signaling Technology
- F. Hoffmann-La Roche
- Danaher Corporation
- Agilent Technologies
- Yashraj biotechnology Ltd.
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Many leading manufacturers in the research antibodies market are focusing on getting FDA approvals for their products. For instance, In 2020, Thermo Fisher Scientific collaborated with Wuxi and Mayo Clinic To secure FDA authorization for testing COVID-19 with ELISA for detecting both IgM and IgG antibodies. In 2020, Merck partnered with Elypta to provide contract manufacturing services for Elypta’s clinical diagnostic liquid biopsy kits.
By Product Type
- Primary Antibodies
- Cancer research
- Stem cell research
- Neurobiology research
- Epigenetics research
- Infectious disease research
- Apoptosis research
- Secondary Antibodies
- Western Blotting
- Flow Cytometry
- Immune Checkpoint Antibodies
By Antibodies Form
- Monoclonal Antibodies
- Polyclonal Antibodies
- Drug Discovery & Development
- Basic Research
- Toxicity Screening
- Biopharmaceutical Production
- Drug Screening
- Tissue Engineering
- Forensic Testing
By End Users
- Biopharmaceutical Companies
- Contract Research Organizations (CROs)
- Academic & Research Institutes
- Forensic Science Laboratories
- Diagnostic Centers
- North America
- Latin America
- South Asia
- East Asia
- Middle East and Africa
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