With the emergence and long-term Impact of COVID-19, Global Antibody Discovery Market to reach USD 14.47 Billion by 2030
Bizwit Research & Consulting LLP’s Recent Analysis on Global Antibody Discovery Market is poised to raise up to USD 14.47 Billion by 2030. Antibody discovery is the process of identifying and developing antibodies that can specifically recognize and bind to target molecules, such as proteins or pathogens, in the human body. Antibodies are Y-shaped proteins produced by the immune system in response to the presence of foreign substances, known as antigens.
The goal of antibody discovery is to generate antibodies that can be used for various purposes, including diagnostics, therapeutics, and research tools. These antibodies can be designed to selectively bind to a specific target, such as a cancer cell marker, a viral protein, or a receptor on a cell surface. The Antibody Discovery market is expanding because of factors such as increase in investment in R&D activities of antibody discovery and surge in prevalence of infectious & chronic diseases.
Geographically, the global Antibody Discovery market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market in 2022 owing to prevalence of diseases in the region, dominance of key market players and rising number of research and development activities in the region. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising disease prevalence and target populations, an increase in the number of collaborations for discovery activities, geographic expansion of key players, and active participation of government and nonprofit organizations in the market space.
The global Antibody Discovery market is highly competitive owing to the presence of several key market players such as Fairjourney Biologics S.A, Biocytogen Pharmaceuticals Co Ltd, Genscript Technology Corporation, Danaher Corporation, Creative Biolabs Inc., Twist Bioscience Corporation, Evotec SE, and others.
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Key findings of the study suggest:
- Global Antibody Discovery Market is anticipated to grow with a healthy growth rate of more than 9.7% over the forecast period 2023-2030.
- In the Method segment, Phage Display emerged out as the leading market segment in 2022.
- In the Antibody Type, Human Antibody emerged out as the leading market segment in 2022.
- In the End User segment, Pharmaceutical and Biotechnology industry, emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth Owing to rising continuous innovation in Antibody Discovery products, growing demand for functional meals, and rising awareness of the benefits of fiber for health.
- Asia-Pacific is expected to grow at higher rate followed by North America during 2020-2027.
Bizwit Research & Consulting has considered following segments for the study:
Product Type:
- Liquid
- Solid
- Gas
Application:
- Stationary Power
- Transportation
End User:
- Pharmaceutical and Biotechnology industry
- Research laboratory
- Academic laboratory
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.
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