Major industry players operating in the antibody production market include :
Thermo Fisher Scientific, Inc.
GE Healthcare
Merck KGaA
Sartorius AG
Eppendorf AG
Danaher Corporation
Authors:
Mariam Faizullabhoy, Gauri Wani
Frequently Asked Questions (FAQ) :
Global market for antibody production accounted for USD 16.1 billion in 2023 and is estimated to grow at 11.7% CAGR through 2032, owing to the increasing adoption of targeted therapies.
The monoclonal antibodies segment accounted for 59.1% of the market share in 2022 and will continue to witness high demand backed by the exceptional specificity and versatility of monoclonal antibodies
North America market held over 49% revenue share in 2022 and is anticipated to grow at considerable rate during 2023-2032, driven by the region's robust healthcare infrastructure and substantial investment in R&D.
Thermo Fisher Scientific, Inc., GE Healthcare, Merck KGaA, Sartorius AG, Eppendorf AG, Danaher Corporation, among others.