Research laboratory procedures like western blotting and others depend on research antibodies, which are essential instruments in these procedures. Molecular detection and analysis are made easier with the use of antibodies and related reagents because of their high specificity and sensitivity. This enables researchers to make inferences about immune system pathways, disease incidence, and therapeutic targets. Scientists utilise research antibodies as crucial detection methods. Antibodies can be used to label and identify certain proteins that are present in the sick cell at a particular stage of the disease life cycle while seeking to understand why a cell function has gone awry.
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Impact
Up to September 22, 2022, approximately 610 million coronavirus (COVID-19) cases and 6.51 million fatalities worldwide were recorded, according to the World Health Organization’s Coronavirus (COVID-19) Weekly Epidemiological Update.
The financial standing of companies in all industries, including the private healthcare sector, has been harmed by the COVID-19 outbreak and lockdown in several nations throughout the world. Transporting and distributing medical supplies is a difficulty in a number of nations, including Thailand, Indonesia, and Singapore.
However, the worldwide market for research antibodies is anticipated to increase favourably throughout the forecast period due to the coronavirus (COVID-19) pandemic. For instance, the U.S. Food and Drug Administration (FDA) approved the emergency use of a new monoclonal antibody against the COVID-19 COVID-19 variation in February 2022. For mild to moderate COVID-19 in adults, adolescents (12 years of age and older), and patients who weigh at least 40 kilogrammes (88 pounds) and have a positive COVID-19 test, EUA was approved.
The market for research antibodies is anticipated to reach US$ 3,574.6 Mn in 2022 and grow at a CAGR of 5.9% during the projected period (2022-2030).
Over the course of the forecast period, rising research and development initiatives using research antibodies are anticipated to fuel market expansion.
Over the course of the projected period, rising research and development initiatives using research antibodies are anticipated to drive market expansion. For instance, a study on broadly neutralising antibodies, or bNAbs (Broadly Neutralizing Antibodies), conducted by researchers at the University of Washington, the Max Planck Institute for Dynamics and Self-Organization, and the University of Cologne, was published in the non-profit, open access, scientific journal eLife in March 2022. It was found that bNAbs could be used to treat HIV. According to the study, computational approaches for choosing bNAb combinations based on viral genetics will aid in preventing viral escape and boost the effectiveness of HIV treatment.
Over the projection period, industry participants are anticipated to introduce and approve more products, fueling market expansion.
Market participants are working on product approvals, which is anticipated to accelerate the expansion of the worldwide market for research antibodies throughout the projected period. For instance, on January 21, 2020, Tepezza (TM) (teprotumumab-trbw), a therapeutic monoclonal antibody for the treatment of thyroid eye disease, was approved by the U.S. FDA (Food and Drug Administration). Horizon Therapeutics plc, a biopharmaceutical company focused on researching, developing, and commercialising medications (TED). Uncommon autoimmune disease TED is characterised by proptosis (eye bulging), diplopia (double vision), blurred vision, discomfort, inflammation, and facial deformities. It is also a serious, progressive, and eyesight-threatening disorder. The FDA (Food and Drug Administration) of the United States has only approved Tepezza as a treatment for TED.
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Regional Analysis
The worldwide market for research antibodies is divided into regions based on geography: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Due to the rising incidence of lung cancer in the United States, North America is anticipated to be the most attractive area in the worldwide market for research antibodies. For instance, the Centers for Disease Control and Prevention indicate that there were 221,097 new instances of lung and bronchus cancer in 2019 and that 139,601 Americans lost their lives to the disease.
Europe is anticipated to have considerable growth over the projected period as a result of the rising number of disorders for which monoclonal antibodies have been approved.
For instance, in December 2021, the European Commission (EC) approved the commercialization of Xevudy (sotrovimab) for the early treatment of COVID-19, according to Vir Biotechnology, Inc., a U.S.-based biotechnology company, and GlaxoSmithKline plc., a British multinational pharmaceutical and biotechnology company. The European Union (EU) has recently authorised sotrovimab for the treatment of adults and adolescents with COVID-19 who do not require additional oxygen but are at high risk of developing severe COVID-19.
Competitive Landscape
Phoenix Pharmaceuticals, Thermo Fisher Scientific Inc., Illumina, Bio-rad Laboratories, BioLegend Inc., Lonza Group, Danaher Corporation, Merck Millipore, Agilent Technologies, Cell Signalling Technology Inc., Takeda Pharmaceutical Company, F. Hoffmann-La Roche Ltd., and Novartis AG are among the major companies active in the global research antibodies market.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Research Antibodies Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Research Antibodies Market Industry Impact
Chapter 2 Global Research Antibodies Market Competition by Types, Applications, and Top Regions and Countries
2.1 Global Research Antibodies Market (Volume and Value) by Type
2.3 Global Research Antibodies Market (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Research Antibodies Market Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Research Antibodies Market Analysis
Chapter 6 East Asia Research Antibodies Market Analysis
Chapter 7 Europe Research Antibodies Market Analysis
Chapter 8 South Asia Research Antibodies Market Analysis
Chapter 9 Southeast Asia Research Antibodies Market Analysis
Chapter 10 Middle East Research Antibodies Market Analysis
Chapter 11 Africa Research Antibodies Market Analysis
Chapter 12 Oceania Research Antibodies Market Analysis
Chapter 13 South America Research Antibodies Market Analysis
Chapter 14 Company Profiles and Key Figures in Research Antibodies Market Business
Chapter 15 Global Research Antibodies Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology
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