Polyclonal Antibodies Market
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Polyclonal Antibodies Market size was valued more than USD 1.5 Billion in 2022 and is projected to grow at a CAGR of over 5.9% between 2023 and 2032. The rising incidence of chronic diseases such as cancer, autoimmune conditions, and infectious diseases anticipates propelling the industry demand. For instance, there were around 20 million new cancer cases, and the cancer burden is projected to rise by about 60% in the next two decades, reaching approximately 30 million new cases by 2040. This surge in cancer cases is expected to drive the demand for diagnostics and therapeutics.
Polyclonal antibodies are a group of antibodies that are produced by different B cells in the immune system. These antibodies are diverse and can recognize and bind to various epitopes (specific regions on an antigen) due to their origins from multiple B cell clones. Due to their broad epitope recognition, polyclonal antibodies are valuable tools in various applications, including diagnostics, therapeutics, and research.
Report Attribute | Details |
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Base Year: | 2022 |
Polyclonal Antibodies Market size in 2022: | USD 1.5 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 - 2032 CAGR: | 5.9 |
2023 Value Projection: | USD 2.5 Billion |
Historical Data for: | 2018 to 2022 |
No of Pages: | 210 |
Tables, Charts & Figures: | 322 |
Segments Covered: | Product, Application, Route of Administration, Source, End-user, & Region |
Growth Drivers: |
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Pitfalls Challenges: |
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The polyclonal antibodies industry experienced a substantial surge in 2020. Collaborative efforts involving pharmaceutical companies, research institutions, and governments played a pivotal role in expediting the manufacturing and distribution of polyclonal antibodies.. For instance, in a publication in the International Pathogens journal, GigaGen Inc. unveiled a peer-reviewed study detailing a recombinant polyclonal product engineered to combat SARS-CoV-2.
Based on product, the market is segmented into primary antibodies and secondary antibodies. The secondary antibodies segment held the largest industry share at 66.4% in 2022.
Based on application, the polyclonal antibodies market is classified into diagnostics, therapeutics, and research. The diagnostics segment is expected to mark its dominance in 2022 accounting for the highest share of 59%.
Based on route of administration, the polyclonal antibodies market is classified into intravenous (IV), subcutaneous (SC), and other routes of administration. The intravenous (IV) segment is expected to exhibit CAGR of 5.3% by 2032.
Based on source, the market is categorized into rabbit, goat, mouse, human and other sources. In 2022, the rabbit segment accounted for USD 826.9 million revenue.
Based on end-users, the global polyclonal antibodies market is categorized into pharmaceutical & biotechnology companies, academic and research institutes, contract research Organizations (CROs), diagnostic laboratories and other end-users. The pharmaceutical & biotechnology companies segment led the industry share with a 45.9% in 2022.
In 2022, North America held a significant market share of 38.3% in the polyclonal antibodies market.
The polyclonal antibodies industry is characterized by the presence of leading key players such as Thermo Fisher Scientific, Abcam plc, and Bio-Rad Laboratories. These companies engage in strategic initiatives, including product launches, collaborations, and acquisitions, to strengthen their market positions.
Prominent market players operating in the industry is as mentioned below:
By Product, 2018 – 2032 (USD Million)
By Application, 2018 – 2032 (USD Million)
By Route of Administration, 2018 – 2032 (USD Million)
By Source, 2018 – 2032 (USD Million)
By End-user, 2018 – 2032 (USD Million)
The above information is provided for the following regions and countries:
F. Hoffmann-La Roche Ltd., Merck Group (Merck KGaA), Abcam plc, Bio-Rad Laboratories, Inc., GenScript Biotech Corporation, Cell Signaling Technology, Inc., Rockland Immunochemicals Inc., and BioLegend, Inc. are some of the major polyclonal antibodies companies worldwide.
The secondary antibodies product segment held 66.4% industry share in 2022 and is expected to register appreciable CAGR from 2023-2032 due to their prominent role in signal amplification during detection methods like ELISA, western blotting and immunohistochemistry.
North America held 38.3% share of the industry in 2022 due to the presence of advanced healthcare infrastructure, substantial research & development activities, and robust biotechnology industry in the region.
Global market size for polyclonal antibodies was USD 1.4 billion in 2022 and is expected to reach USD 2.5 billion by 2032 due to the rising incidence of chronic diseases such as cancer, autoimmune conditions, and infectious diseases worldwide.