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Rising focus on biotechnology and pharmaceutical research and development activities is a key factor driving growth of the global antibody services market

VANCOUVER, BC, CANADA, April 19, 2023 /EINPresswire.com/ -- The Global Antibody Services Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Antibody Services market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Antibody Services industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2028. In order to provide precise projections of the Antibody Services market in the upcoming years, the report analyses historical data and the present situation. The study also offers a thorough analysis of the elements that could either support or hinder market expansion in the upcoming years. The entire effect of the pandemic on the Antibody Services market and its key categories is thoroughly estimated in the research. The impact of the pandemic on various market regions is also covered in the paper. It also provides an assessment of the pandemic's present and potential future effects on the keyword market.

The global antibody services market size is expected to reach USD 3.30 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Some major factors driving market revenue growth are rising adoption of targeted immunotherapy, increasing focus on pharmaceutical and biological research, rising prevalence of infectious diseases, steady investment by government and private investors, and increasing demand for protein therapeutics. Antibody development is a process of characterization and generation of antibodies. Antibody purification services involve complete isolation of polyclinical bodies from serum or isolation of monoclonal antibodies from culture supernatant or ascites fluid. Scientists use antibody purification procedures to generate antibodies for biosensors to detect various infections. These antibodies are often obtained through antibody purification from humans, rabbits, rats, chickens, and others. Commonly used antibodies are IgG and IgM class antibodies. These standard full-size antibodies are used in numerous biomedical research programs for protein detection. These antibodies are also applied in multiple diagnostic applications such as pregnancy tests, spotting of bacteria, drug development, and blood viruses.

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North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report also studies the key companies of the Antibody Services market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.

Some players analyzed in the report are:

GE Healthcare, Thermo Fisher Scientific, Inc., Sartorius AG, Merck KGaA, Pall Corporation, Sigma-Aldrich Corporation, Creative Biolab, Cellab GmbH, COVALAB, Detai Bio-tech

Some Key Findings From the Report:

In February 2021, FairJourney Biologics and IONTAS introduced a protein sciences division, Flow Eighteen38. The new division will focus on the purification and characterization needs of a wide range of customers, starting from research institutions and start-ups, to biotechnology and biopharmaceutical organizations.

Antibody development segment is expected to register 11.5% revenue CAGR throughout the forecast period. This can be attributed to rising focus on drug discovery and biotechnological research activities.

Asia Pacific is expected to register the fastest revenue CAGR throughout the forecast period, which can be attributed to rapid advancements in pharmaceutical and healthcare infrastructure, rising number of biotech companies, and increasing investment by private investors in antibody development.

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The report further divides the Antibody Services market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Antibody Services market.

On the basis of type, the market is segmented into

Service Outlook (Revenue, USD Billion; 2018–2028)
Antibody Development

Antigen Preparation

Immunization & Hybridoma Production

Antibody Characterization

Antibody Production & Purification

Antibody Fragmentation & Labeling

Type Outlook (Revenue, USD Billion; 2018–2028)
Monoclonal

Polyclonal

End-Use Outlook (Revenue, USD Billion; 2018–2028)
BioScience Companies

BioScience Research Institutions

Hospitals

Others

Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Antibody Services market?

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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