Antibody Production Market Growth Factors, Key Stakeholders, Trends and Forecast 2028

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Market size: USD 12.56 Billion in 2020, Market Growth: CAGR of 13.1%, Market Trends: High demand for protein therapeutics

The global antibody production market size is expected to reach USD 33.52 Billion in 2028 and register a CAGR of 13.1%, according to the latest report by Reports and Data. Key factors such as rising investments in research and development activities and increasing demand for cost-effective therapeutic treatments are boosting global market revenue growth.   

Antibodies are extensively used in diagnostics, research, and therapeutic purposes due to key features such as high specificity, binding affinity, and low toxicity. The global antibody production market is driven by key factors including patent cessation of monoclonal antibodies, gradual government acceptance for various targeted immunotherapy, and antibody therapeutics to treat several chronic diseases like cancer, and rheumatic arthritis. Rapid growth in the pharmaceutical and biotechnology sector, growing adoption of protein therapeutics, and availability of enhanced technology for antibody production are also fueling global market growth. 

However, factors such as costly primary antibodies and a low number of commercially available antibody drugs are expected to hamper overall market growth during the forecast period.

Market Overview:

The pharma and healthcare industry is at a crossroads. Patients are benefiting from the promise of cell and gene therapies; uncommon diseases that were previously thought to be incurable are on the verge of finding true treatments. Artificial intelligence (AI) and machine-learning technologies are creating hopes that therapy discovery and development would be more innovative, as well as faster and cheaper. Manufacturing, the supply chain, and the entire healthcare ecosystem all have the potential to benefit from data-driven initiatives. Consumer attitudes and behaviours are shifting in a variety of ways, from growing use of technology and willingness to share data to an interest in using tools to make prescription and treatment decisions. Such factors will drive pharma and healthcare market growth in the coming years.

Key Players covered in this report are:

Thermo Fisher Scientific, Inc., GE Healthcare, Sartorius AG, Merck KGaA, Eppendorf AG, Cellab GmbH, Pall Corp., INTEGRA Biosciences AG, FiberCell Systems Inc GeneTex, Inc., Eli Lilly and Company, Pall Corporation, Merck KGaA, Eppendorf AG, Abcam PLC, and Sigma Aldrich Corporation

Class Outlook (Revenue, USD Billion, 2020 - 2028)

  • Monoclonal antibodies
  • Polyclonal Antibodies
  • Murine
  • Chimeric
  • Humanized

Process Outlook (Revenue, USD Billion, 2020 - 2028)

  • Upstream Processing
    • Bioreactors 
      • Large-scale bioreactors
      • Single-use bioreactors 
    • Consumables 
      • Media 
      • Buffers and Reagents 
    • Downstream Processing
      • Chromatography Systems
      • Chromatography Resins 
    • Filtration
      • Filtration Systems
      • Filtration Consumables and Accessories 

End-Use Outlook (Revenue, USD Billion, 2020 - 2028)

  • Pharmaceutical Biotechnology Companies
  • Diagnostic Laboratories
  • Research Institutes
  • Others

Based on Region market is segmented into:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East Africa

Request a sample Report of Antibody Production Market @ https://www.reportsanddata.com/request-customization-form/1404 

Major Points covered in this report are as below:

• The Antibody Production industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.

• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.

• The Antibody Production Market report provides key statistics on the market status of the Antibody Production manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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