
Global Antibody Production Market is expected to grow at a CAGR of 14.2% to reach US$ 16.32 billion in 2024. The growth is coupled with an increasing need for protein curatives and rising widespread presence of infectious disease. The other factors propelling the growth of the Global Antibody Production Market are the patent cessation of successful monoclonal antibodies, raised R&D disbursement of biotechnology and pharmaceutical companies, rising acceptance of targeted immunotherapy and therapeutic antibodies by governing authorities. The increasing focus of biopharmaceutical & biotechnology companies to produce antibody therapeutics is a major factor driving the growth. These therapeutics are highly effective in the treatment of rheumatoid arthritis, cancer, and other chronic diseases. Thus, the production of therapeutic antibodies is increasing, which is expected to drive the growth of the Global Antibody Production Market during the forecast period. North America had the highest market share in 2017. The Global Antibody Production Market is driven by the factor including the presence of many large biotechnology and biopharmaceutical firms in this region. In addition, the highly developed healthcare & research infrastructure and increased focus on drug discovery in North America have fuelled the regional Global Antibody Production Market growth. The Asia Pacific is expected to exhibit the highest growth during the forecast period, owing to untapped opportunities in this region. There are many biopharmaceutical and clinical research organizations companies, which are targeting Asian countries, such as China & India for drug discovery and development. The presence of less stringent regulations for antibodies development & production, vast genome pool, and developing healthcare infrastructure in this region are some of the major factors contributing to the growth of the sector in this region. In 2017, the monoclonal antibody segment was the highest revenue-generating segment of the market, due to increasing investment in monoclonal antibody research and many antibody-based product launches. Thus, the growing adoption of these products is expected to be the key factor driving the Global Antibody Production Market.
Global Antibody Production Market Segmentation
•Global Antibody Production Market, By Type
o Polyclonal antibody o Monoclonal antibody Murine Chimeric Humanized
• Global Antibody Production Market, By Process
o Upstream processing Bioreactors • Largescale bioreactors • Single-use bioreactors Consumables • Media • Buffers and reagents o Downstream processing Chromatography systems Chromatography resins o Filtration Filtration systems Filtration consumables and accessories
• Global Antibody Production Market, By End User
o Pharmaceutical and biotechnology companies o Research laboratories o Others The above data will be provided for following regions/countries from 2013-2024 (USD Million) • North America o U.S. o Canada • Europe o Germany o UK o France o Spain o Italy • Asia Pacific o China o India o Japan o Australia • Latin America o Argentina o Brazil o Mexico • Middle East and Africa o South Africa o Saudi Arabia What information is covered in report? • Actual market numbers from 2013-2017, estimates and forecasts from 2018 to 2024 • Detailed market segmentation and market share analysis of each segment • Impact analysis of various drivers and trends • Market segmentation and landscape • Competitive landscape, 2017
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