Global Custom Antibody Market Size By Type (Monoclonal Antibodies, Polyclonal Antibodies, Recombinant Antibodies), By Source (Rabbits, Mice), By Application (Pharmaceutical, Academic And Research Organization), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Custom Antibody Market Size By Type (Monoclonal Antibodies, Polyclonal Antibodies, Recombinant Antibodies), By Source (Rabbits, Mice), By Application (Pharmaceutical, Academic And Research Organization), By Geographic Scope And Forecast
Custom Antibody Market Size And Forecast
Custom Antibody Market size was valued at USD 438.85 Million in 2023 and is projected to reach USD 924.43 Million by 2031, growing at a CAGR of 9.76% from 2024 to 2031.
- Antibodies are host proteins produced by the human body in response to foreign substances or molecules entering the body. These alien chemicals or bodies, known as antigens, are recognized by an individual’s immune system.
- Researchers from all over the world are conducting a variety of studies that focus on exploiting the human body’s natural ability to produce bespoke antibodies in response to antigens representing specific illnesses or health conditions.
- It is important to highlight that bespoke antibodies can provide finer selectivity than routinely grown antibodies. Furthermore, the technique of producing these antibodies is quite simple compared to other antibodies.
- As research in biotechnology and pharmaceuticals expands, so does the demand for bespoke antibodies. This rise is being driven by the demand for sophisticated research tools that can provide precise and deep insights into numerous biological processes and disease states. Custom antibodies help researchers study these areas more precisely and effectively.
- The rapid expansion in the worldwide custom antibodies market demonstrates the growing importance of these instruments in modern research. The framework and outline of ongoing research efforts emphasize the critical significance of tailored antibodies in furthering scientific knowledge and generating innovative therapeutics.
Global Custom Antibody Market Dynamics
The key market dynamics that are shaping the global Custom Antibody Market include
Key Market Drivers
- Increasing Demand for Custom AntibodiesAn increase in life sciences research funding is boosting the research and development activities for drug discovery, diagnostics, and customized treatment. Thus, surging the demand for highly specific and reliable bespoke antibodies. These specialized tools are critical for researchers investigating diseases, developing innovative medicines, and understanding biological processes.
- Growing Research Activities and Funding Increased investment in life sciences research, notably in genomics, proteomics, and drug development, is driving up demand for bespoke antibodies. These antibodies are critical research tools that allow scientists to accurately target and investigate specific proteins.
- Limitations of Catalog Antibodies and the Demand for High-Quality Tools Commercially available off-the-shelf antibodies, also known as catalog antibodies, frequently fail to meet specificity and dependability requirements for research purposes. Custom antibodies, on the other hand, can be tailored to meet precise sensitivity, specificity, and affinity requirements, resulting in more consistent and reliable research results.
- Expanding the Antibody Therapeutics PipelineAntibodies are a fast-developing class of therapeutic medications that treat a variety of ailments, including cancer and autoimmune disorders. The development of these medicines requires the production of highly specific and effective bespoke antibodies.
- Collaboration Between Academia and Industry Academic institutions and pharmaceutical or biotech companies are increasingly working together to drive the bespoke antibody industry. These collaborations bring together academic expertise in antibody development with industry resources and infrastructure to stimulate innovation and advance the field.
Key Challenges
- High Cost and Time InvestmentCreating bespoke antibodies is a complex and costly process that necessitates significant investment in R&D and manufacturing. Creating a high-quality antibody takes time, which might cause delays in research or medication development schedules.
- Stringent Regulatory RequirementsAntibodies intended for therapeutic or diagnostic use must follow tight regulatory requirements established by agencies such as the FDA. This increases the complexity and cost of the bespoke antibody development process.
- Technical Expertise and InfrastructureThe successful generation of bespoke antibodies necessitates highly skilled scientists and specialized laboratory infrastructure. This need can be a substantial difficulty for smaller businesses or research groups with limited resources.
- Intellectual Property (IP) Issues The ownership and licensing of intellectual property rights connected with custom antibodies can be complicated and difficult. These intellectual property concerns can impede collaboration between academic and industry partners, thereby stifling innovation.
Key Trends
- Shift to Next-Generation Technologies Newer techniques like phage display and recombinant DNA technology are supplementing traditional hybridoma technology. These improved approaches enable quicker development timeframes, increased throughput, and the capacity to manufacture antibodies with specified capabilities.
- Increased Demand for In Vitro Diagnostics (IVD) ApplicationsCustom antibodies are becoming increasingly important in the development of in vitro diagnostic assays, allowing for earlier and more accurate disease identification.
- The rise of Antibody-Drug ConjugatesADCs, which mix cytotoxic medicines with personalized antibodies, enable targeted drug delivery to sick cells. The bespoke antibody industry is expected to profit from the increased demand for ADCs in cancer treatment.
- Focus on Automation and Streamlining ProcessesCompanies are investing in automation technologies and simplifying operations to lower the cost and time required for custom antibody creation. These efforts are intended to make bespoke antibodies more accessible to a wider spectrum of researchers and medication developers.
What's inside a
industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
Global Custom Antibody Market Regional Analysis
Here is a more detailed regional analysis of the global Custom Antibody Market
North America
- North America is expected to substantially dominate the Custom Antibody Market over the forecast period.
- Custom antibodies play an important role in the development of personalized medicine, allowing for therapies tailored to particular patients.
- The use of next-generation technology in antibody development is resulting in shorter turnaround times and more cost-effective processes.
- Automation in bespoke antibody creation improves efficiency and makes these technologies more accessible to a broader variety of researchers.
- North America is home to significant organizations such as Thermo Fisher Scientific and Abcam, which provide a wide range of custom antibody development and production services to fulfill a variety of research needs.
- Significant investment in life sciences research by North American governments and corporate groups drives demand for bespoke antibodies, which are required in a variety of research disciplines such as oncology and immunology.
- The region’s extensive network of prestigious universities, research organizations, and pharmaceutical/biotechnology companies promotes collaboration and innovation in bespoke antibody creation.
- North America’s stringent regulatory standards for diagnostics and medicines fuel demand for high-quality, well-characterized bespoke antibodies.
Asia Pacific
- Asia Pacific is anticipated to be the fastest-growing region in the Custom Antibody Market during the forecast period.
- Significant investment in life sciences research by North American governments and corporate groups drives demand for bespoke antibodies, which are required in a variety of research disciplines such as oncology and immunology.
- The region’s extensive network of prestigious universities, research organizations, and pharmaceutical/biotechnology companies promotes collaboration and innovation in bespoke antibody creation.
- North America’s stringent regulatory standards for diagnostics and medicines fuel demand for high-quality, well-characterized bespoke antibodies.
- Several APAC countries are implementing policies and measures to encourage innovation and development in the life sciences sector, including bespoke antibody development companies.
- APAC organizations are working on providing low-cost bespoke antibody solutions to meet the needs of a larger research base.
- The use of new technologies such as phage display and recombinant DNA approaches is resulting in faster and more efficient bespoke antibody production.
- Collaboration among APAC countries to exchange experience, resources, and infrastructure is projected to expedite progress in the Custom Antibody Market.
Global Custom Antibody MarketSegmentation Analysis
The Global Custom Antibody Market is segmented based on Type, Source, Application, And Geography.
Custom Antibody Market, By Type
- Monoclonal Antibodies
- Polyclonal Antibodies
- Recombinant Antibodies
Based on the Type, the market is bifurcated into Monoclonal Antibodies, Polyclonal Antibodies, and Recombinant Antibodies. The monoclonal antibody sector has the biggest market share, owing to its greater specificity and selectivity when compared to other types of antibodies. Monoclonal antibodies are the favored choice in a variety of research projects because they can accurately target specific antigens, improving the precision and reproducibility of experimental outcomes. This high level of precision is especially useful in complex domains like oncology, immunology, and infectious illnesses.
Custom Antibody Market, By Source
- Rabbits
- Mice
Based on the Source, the market is bifurcated into Rabbits and Mice. The Mice segment is showing significant growth in the Custom Antibody Market. Because mice are commonly used in antibody manufacture for research purposes, they account for the majority of the Custom Antibody Market share. Mice are preferable to other animals due to their tiny size, ease of handling, and low food expenses. These characteristics make mice a cost-effective and practical choice for producing bespoke antibodies, which contributes to their widespread use in research studies.
Custom Antibody Market, By Application
- Pharmaceutical
- Academic and Research Organization
Based on the Application, the market is bifurcated into Pharmaceutical, and Academic, and Research Organizations. The pharmaceutical segment is significantly dominating the Custom Antibody Market owing to the rising demand for new drug discovery, driven by the rise of new diseases, which is dramatically increasing the demand for bespoke antibodies. As new diseases emerge, the pharmaceutical industry is increasing its research efforts to create novel therapies. Custom antibodies play an important part in this process because they provide the specificity and sensitivity required for advanced research and pharmaceutical development.
Key Players
The “Global Custom Antibody Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Merck Group, Abcam plc, BioLegend, Inc., Agilent Technologies, Inc., ProMab Biotechnologies, Bio-Rad Laboratories, Thermo Fisher Scientific, Inc., GenScript, Cell Signaling Technology, Inc., Rockland Immunochemicals, and among others. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Custom Antibody Market Recent Developments
- In February 2021, Abcam plc announced a collaboration with Abingdon Health (UK) and a co-marketing agreement to help Abcam grow its customer base.
- In February 2021, GenScript announced a collaboration with SunRock Biopharma to research therapeutic antibody candidates. GenScript will assist SunRock Biopharma with antibody discovery, cell line development, process development for GMP medicinal ingredients, and drug product manufacturing services.
- In November 2020, Thermo Fisher Scientific and BATL at Northeastern University announced a collaboration to advance analytical capabilities and drive innovation in the biopharmaceutical industry across a variety of areas, including personalized medicine, monoclonal antibodies, and gene and cell therapies.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2020-2022 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Merck Group, Abcam plc, BioLegend, Inc., Agilent Technologies, Inc., ProMab Biotechnologies, Bio-Rad Laboratories, Thermo Fisher Scientific, Inc., GenScript |
SEGMENTS COVERED | By Type, By Source, By Application, And By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
• In case of any please connect with our sales team, who will ensure that your requirements are met.