Number of pages: 100 | Report Format: PDF | Published date: November 03, 2022
Historical Years – 2020 | Base Year – 2021 | Forecasted Years – 2022-2030
Report Attribute |
Details |
Market size value in 2021 |
US$ 41.72 billion |
Revenue forecast in 2030 |
US$ 96.78 billion |
Growth Rate |
CAGR of 10% from 2022 to 2030 |
Base year for estimation |
2021 |
Forecast period |
2022-2030 |
Segments covered |
Type, Service, Source, End User and Region. |
Regional scope |
North America, Europe, Asia Pacific, and the Rest of the World (ROW) |
The global custom antibody market was pegged at US$ 41.72 billion in 2021 and is expected to witness a CAGR of 10% during the forecast period.
Market Fundamental
A custom antibody is made up of 90% pure antigen. Custom antibody manufacturing is used to generate both polyclonal and monoclonal antibodies. Peptide design, peptide design, animal immunisation, serum collection, titer measurement, and antibody purification are the phases in the manufacturing of custom polyclonal antibodies. Preparation of the antigen, hybridoma development immunizations, hybridoma development fusions, monoclonal manufacturing, and purification are the phases in the manufacture of a custom monoclonal antibody. Relatively speaking to the typical cultured antibodies, the custom antibody has superior selectivity. Additionally, numerous disorders, including cancer, poisoning, septicemia, viral infections, and autoimmune diseases, can be treated using custom abs. These disorders are becoming more prevalent worldwide, which helps the market. These antibodies can be used to treat patients affordably.
[8974534]
Market Dynamics
New biomarkers are developed and discovered using custom antibody production services, which benefits the market's expansion. For the treatment of cancer and other chronic diseases, tailored medicines have also become more popular. As a result, the use of personalised antibodies is increased, spurring market expansion. GenScript introduced MonoRab, a unique rabbit mAB, in June 2021. mAB sequencing and hybridoma technologies are involved. It is more affine and offers superior specificity for a variety of applications. Growing government funding and support, improvements in biotechnology research, shifting illness profiles, and expanding public and private collaborations all contribute to market expansion.
Market Ecosystem
The global custom antibody market has been analysed from five perspective by type, service, source, end user and region.
Custom Antibody Market by Type
[43244324]
Based on type, the global custom antibody market has been segmented into monoclonal antibodies, polyclonal antibodies, and recombinant antibody. The monoclonal antibody dominated the segment during forecast period. One of the most effective biologics now being used for a number of purposes are monoclonal antibodies. These compounds high selectivity, specificity, and binding affinity are often what makes them useful and are mostly preferred by the researchers in all types of research studies.
Custom Antibody Market by Services
Based on services, the global custom antibody has been segmented intoantibody development, antibody production & purification, antibody fragmentation & labelling. The antibody development dominated the segment during forecast period. This is due to researchers putting a greater emphasis on high-quality, tailored antibodies for reproducibility. Due to the fact that validation can take too long for some early investigations, many laboratories are unable to verify the source of their antibodies. Others must take into account where to start and when to do so.
Custom Antibody Market by Source
Based on source, the global custom antibody has been segmented into rabbit and mice. The mice segment dominated the segment during forecast period. Mice are one of the most significant sources for the discovery of antibodies. They produce IgA, IgD, IgE, IgG, and IgM antibody in mice compared to the human antibody isotype subclasses, and the mice are capable of eliciting a strong immune response to a wide variety of antigen, including those extremely homologous human protein.
Custom Antibody Market by End User
Based on end user, the global custom antibody has been segmented into pharmaceuticals & biotechnology companies, hospital & clinics, academic and research institute, contact research organisation. The pharmaceuticals and biotechnology company dominated the segment during forecast period. This is attributed to the rising need for highly specific antibodies for drug discovery and development, the expansion of genomes and proteomics research, as well as the expansion of research and development efforts in a variety of therapeutic fields.
Custom Antibody Market by Region
Based on region, the global custom antibody market has been segmented into North America, Europe, Asia Pacific and Rest of the World. North America held the greatest market share for bespoke antibodies, followed by Europe. The dominance of the North American region can be attributed to rising investments in the creation of structure-based drug designs, expanding genomics and proteomics research, rising demand for high-quality research tools for data reproducibility, growing attention to the creation of antibody-based therapeutics, and the presence of numerous international players in this region. The Asia Pacific market, on the other hand, is anticipated to experience the strongest growth during the forecast period. This is largely because of the rising investments made by governments and businesses, the expansion of biotechnology research, and the growing awareness of personalised therapeutics.
Competitive Landscape
Some of the prominent market players in the global custom antibody market include
Strategic Development
The demand for high-performance antibody solutions to serve numerous applications has propelled the market for bespoke antibodies as well as related products and services. Novel biomarkers are a significant trend that has improved and will continue to improve the field of product development.
Some of the prominent market players in the global custom antibody market include Thermo Fisher Scientific Inc., Merck KGaA, Cell Signaling Technology Inc., Sino Biological and others.
The monoclonal antibody segment dominated the market during forecast period.
Asia Pacific region for custom antibody dominated the market during forecast period.
The global custom antibody market is expected to clock US$ 96.78 billion by 2030.