Global Antibody Production Market: Overview
The rising incidence of infectious diseases worldwide, coupled with the growing demand for protein therapeutics, is supporting the progress of the global antibody production market. The commercial and clinical success of monoclonal antibodies has created the need for large-scale production of antibodies in mammalian cell culture.
The host proteins produced by the immune system as a response to foreign molecules which enter the body are known as antibodies. The entrance of foreign molecules, called antigens, is registered by the immune system, and it begins selective production of antibodies that are capable of binding the antigens. This natural ability of producing antibodies that can bind antigens can be harnessed in the manufacturing of probes to detect specific molecules of interest across a broad spectrum of diagnostic applications and research.
Till date, there is no other technology that offers researchers scope for designing and manufacturing such highly useful molecular recognition tools. The global market for antibody production has been broadly segmented by geography, application, and type.
The key growth drivers, challenges, trends, and opportunities in the global market for antibody production have been analyzed in detail in the report. Mapping the progress of the leading market players, the competitive landscape of the global antibody production market has been discussed wherein the major growth strategies of the market players, their market shares and product portfolios have been discussed. The analysts have leveraged the Porter’s Five Force analysis for the same.
Global Antibody Production Market: Trends & Opportunities
The productivity of cell cultures has multiplied manifold over the past decade, leading to process optimization and enhanced process efficiency. In addition to leveling up the process and cost efficiencies, reduction of time required in the development of processes is being addressed by several players. A number of researchers and scientists have been working on the development of therapeutic treatments for major diseases afflicting people worldwide, including cancer.
The key challenges faced by the market are increasing cost and time pressures. The lower number of commercially available antibody drugs and their high costs might also restrict the growth of the global antibody production market.
The report segments the types of antibody production into polyclonal and monoclonal antibodies. The monoclonal antibodies are further divided into chimeric, murine, and humanized antibodies. By application, transplantation, rheumatology, cardiology, gastroenterology, infection, and oncology or hematology are the major segments of the global market for antibody production.
Global Antibody Production Market: Regional Outlook
By geography, the global antibody production market can be segmented into Asia Pacific, North America, Europe, and the Rest of the World (RoW). North America is expected to emerge as the dominant regional market thanks to the greater advances in the field of research on antibodies initiated by a number of biotechnology and pharmaceutical firms. Europe is expected to surface at the second-most position due to the presence of numerous leading pharmaceutical and biotechnology companies that are displaying high demand for antibody drug conjugates for therapeutic and diagnostic purposes.
Asia Pacific is likely to claim a major share in the global market for antibody production over the next few years. The growing demand for cost effective therapeutic treatments for chronic disorders in the emerging markets of India and China is accelerating the expansion of the antibody production market in this region. The growing number of research initiatives and expanding patient base have been propelling the growth of this region.
Companies mentioned in the research report
GeneTex, Inc., Eli Lilly and Company, Roche Diagnostics Corporation, Abbott Laboratories, Genentech, Sigma-Aldrich Corporation, GE Healthcare, Abcam plc, Merck Millipore, and Thermo Fisher Scientific, Inc. are some of the leading companies operating in the global antibody production market.
Key segments of the Global Antibody Production Market
- Global Antibody Production Market, by Type
- Monoclonal antibodies
- Polyclonal Antibodies
- Global Antibody Production Market, by Application
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.