The antibody production market comprises products that are required during the different stages of bioprocessing of antibodies, such as upstream processing, downstream processing, and filtration.
This study involved the extensive use of both primary and secondary sources. The research process involved the study of various factors affecting the industry to identify the segmentation types, industry trends, key players, competitive landscape, key market dynamics, and key player strategies.
Objectives of the Study:
# To define, describe, and forecast the global antibody production market on the basis of process, end user, and region
# To provide detailed information regarding major factors influencing growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
# To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market
# To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
# To forecast the size of the market with respect to four main regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World
# To strategically profile the key players in the global antibody production market and comprehensively analyze their core competencies
# To track and analyze competitive developments such as joint ventures and alliances, mergers and acquisitions, new product/technology development, and research and development activities of the leading players in the global market
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Factors Influencing Global Growth:-
The improved approval rate of therapeutic antibodies by regulatory authorities, patent expiry of blockbuster monoclonal antibodies, increasing adoption of targeted immunotherapy, and increased R&D expenditure of pharmaceutical and biotechnology companies are driving the overall market. The increasing prevalence of infectious diseases and rising demand for protein therapeutics are expected to provide growth opportunities for players operating in this market.
Restraints:
# Cost Constraints Related to the Adoption of Membrane Filters
Opportunities:
# Rising Demand for Protein Therapeutics
# Increasing Risk of Infectious Diseases
# Patent Expiry of Blockbuster Mabs
Challenges:
# High Costs of Primary Antibodies
Monetary Growth Expectations, Globally:
According to the Research Study conducted by MarketsandMarkets™: This report studies the antibody production market for the forecast period of 2016 to 2021. This market is expected to reach USD 13.28 Billion by 2021 from USD 7.45 Billion in 2016, at a CAGR of 12.3%.
Geographical Growth Scenario:
Geographically, the global antibody production market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (Latin America, Middle East, and Africa). North America is expected to account for the largest share of the antibody production market in 2016, followed by Europe. The Asia-Pacific region offers significant growth opportunities for companies offering antibody production products, and is projected to grow at the highest CAGR during the forecast period.
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Leading Market Players:
# GE Healthcare (U.S.)
# Thermo Fisher Scientific, Inc. (U.S.)
# Sartorius AG (Germany)
# Merck KGaA (Germany)
# Pall Corporation (U.S.)
# Sigma-Aldrich Corporation (Germany) and many more…
New product launches; expansions; agreements, alliances, collaborations, and partnerships; mergers and acquisitions; and others (new service launches, product enhancements, and spin-offs) are the major strategies followed by players to achieve growth in this market. New product launches accounted for ~51% of the total developments undertaken by the players in this market.
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