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18-Oct-2023

Antibody Discovery Market: Shaping the Future of Medicine | Projected to Reach $17.2 Billion

The Antibody Discovery Market is witnessing extraordinary growth, shaping the landscape of medicine and healthcare. This market plays a pivotal role in the development of therapeutic antibodies, diagnostics, and cutting-edge research, with significant advancements and innovations transforming the way we combat diseases. Antibodies, often referred to as the “silent heroes” of the immune system, are crucial for defending the body against infections and diseases. Harnessing their potential has led to groundbreaking developments in healthcare. The global antibody discovery market size was valued at $6.9 billion in 2022, and is projected to reach $17.2 billion by 2032, growing at a CAGR of 9.6% from 2023 to 2032.

Antibody Discovery Market in Short:

CAGR: 9.6%
Current Market Size: USD 17.2 Billion
Fastest Growing Region: APAC
Largest Market: North America
Projection Time: 2023-2032
Base Year: 2023

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Q1. Which are the top companies to hold the market share in antibody discovery Market?

The top companies that hold the market share in antibody discovery market are Genscript Technology, Danaher Corporation, Twist Bioscience HQ, Sartorius AG, Charles River Laboratories, Eurofins Discovery, Fairjourney Biologics SA, Biocytogen, Creative Biolab, and Evotec

Q2. What is the fastest growing region in antibody discovery Market?

Asia-Pacific is anticipated to witness lucrative growth during the forecast period, owing to increase in R&D activities in pharmaceutical and biotechnology sector, presence of various healthcare research centers, and increase in investment for drug discovery.

Value Propositions Related to The Report:

  • Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
  • Comprehensive quantitative and qualitative insights at segment and sub-segment level
  • Covid 19 impact trends and perspective
  • Granular insights at global/regional/country level
  • Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
  • Blanket coverage on competitive landscape
  • Winning imperatives
  • Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market

Covid-19 Situation –

  • Monoclonal Antibodies Against COVID-19: The market played a pivotal role in the development and production of monoclonal antibodies used to treat COVID-19 patients, helping reduce the severity of the disease.
  • Accelerated Research: The urgency of the pandemic accelerated research in antibody discovery and related fields, leading to novel breakthroughs and innovations that extend beyond COVID-19.
  • Vaccine Development Support: Antibody discovery technologies played a crucial role in aiding the development of COVID-19 vaccines, contributing to the global vaccination efforts.

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Key Market Highlights:

Immunotherapy Breakthroughs: Antibody-based immunotherapies, including monoclonal antibodies and immune checkpoint inhibitors, are revolutionizing cancer treatment and offering new hope for patients.

Precision Medicine: Personalized medicine is becoming a reality with the design of antibodies tailored to individual patients, increasing treatment effectiveness and reducing side effects.

Infectious Disease Solutions: The development of therapeutic antibodies and vaccines for infectious diseases, including the fight against COVID-19, is saving lives and reshaping global health strategies.

Top Leading Key Companies –

  • Creative Biolabs,
  • Genscript Technology Corporation,
  • Sartorius AG,
  • Fairjourney Biologics S.A,
  • Twist Bioscience,
  • Danaher Corporation,
  • Charles River Laboratories,
  • Evotec,
  • Eurofins Scientific,
  • Biocytogen

Market: By Region Outlook

  • North America (U.S., Canada, Mexico)
  • Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA (Brazil, South Africa, Turkey, Saudi Arabia, Rest of LAMEA)

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Important Questions Being Answered by This Market Report Are –

Q1. Which are the top companies to hold the market share in antibody discovery Market?

Q2. What is the fastest growing region in antibody discovery Market?

Q3. What are the key trends in the antibody discovery Market report?

Q4. Which is base year is calculated in the antibody discovery Market report?

Key findings of the study –

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the antibody discovery market analysis from 2022 to 2032 to identify the prevailing antibody discovery market opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

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Last Updated: 18-Oct-2023