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Antibody Production Market Size

  • Report ID: GMI6490
  • Published Date: Aug 2023
  • Report Format: PDF

Antibody Production Market Size

Antibody Production Market size accounted for USD 16.1 billion in 2023 and is estimated to grow at 11.7% to reach USD 44 billion by 2032. The increasing adoption of targeted therapies will boost the demand of antibody production. Targeted therapies offer a highly specific and personalized approach to treating various diseases, such as cancer and autoimmune disorders, by precisely targeting the underlying molecular mechanisms responsible for these conditions.

 

This approach minimizes damage to healthy cells and tissues, resulting in reduced side effects and enhanced therapeutic outcomes. As the understanding of disease pathways and molecular interactions continues to advance, the demand for specialized antibodies tailored to these specific targets has surged.

 

Antibody production refers to the controlled and deliberate generation of specific proteins known as antibodies, which are crucial components of the immune system. These antibodies, also referred to as immunoglobulins, are produced by specialized immune cells called B cells (B lymphocytes) in response to the presence of foreign substances, known as antigens. The process of antibody production involves the recognition of antigens by B cells, followed by their activation and subsequent differentiation into antibody-secreting plasma cells.

 

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.

Antibody Production Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 359
  • Countries covered: 19
  • Pages: 220
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