Antibody purification involves isolation of antibody from serum (polyclonal antibody), ascites fluid or culture supernatant of a hybridoma cell line (monoclonal antibody).
The global antibody purification services market is expected to grow at a considerable rate during the forecast period.
By type the antibody purification services market is divided into 3 categories i.e. physiochemical fractionation, class-specific affinity and antigen-specific affinity.
Based on application, the antibody purification is divided into monoclonal antibodies and polyclonal antibodies and both are expected to generate huge revenues and grow at a rapid rate during the forecast period.
With the COVID-19 breakout in December 2019, the disease has affected more than 200 countries. Therefore, it is important to take this into consideration while addressing antibody purification service market.
The disease may have led to temporary lag in the antibody purification service market, but in the long run the antibody purification market is expected to pace up and flourish at a significant rate during the forecast period 2020-2030.
Antibody Purification Service Market: Drivers and Restraints
One of the major factor that drives the growth of antibody purification service market is increasing focus of biopharmaceutical and biotechnology companies towards production of antibody based therapeutics.
Increasing rate of infectious diseases is generating a large no. of opportunities for the antibody producing companies to produce more antibodies for the different kind of antigens.
Another factor that is propelling the growth of antibody purification service market is the increasing research activity in life sciences industry along with growing associations between industry and academic centers.
However, the high cost of the services may hinder the growth of antibody purification service market in subsequent years.
Antibody Purification service Market: Overview
On the basis of type of application, the monoclonal antibody has been the highest revenue generating segment so far in the antibody purification service market, due to increasing investment in monoclonal antibody research and large no. of antibody-based product launches.
However, the polyclonal antibodies segment is expected to witness significant growth in the forecast period. Easy production process, availability at a low price and diagnosis of the diseases with high proficiency are few of the advantages of polyclonal antibodies.
Thus, the increasing popularity of these products is expected to drive the growth of antibody purification service market in future.
On the basis of end user, the pharmaceutical and biotechnology companies are expected to contribute largest revenue share in the antibody purification service market due to large application of these products in the production of antibodies.
Research laboratories is expected to be the second highest revenue generating segment in the antibody purification service market as a result of increasing investment in antibody based research and drug discovery in various countries.
Antibody Purification Service Market: Regional-Wise Outlook
The global antibody purification service market is expected to be dominated by North America due to the presence of many large biotechnology and biopharmaceutical firms in this region.
In addition, rapid growth in healthcare and research infrastructure and the increasing focus on drug discovery in North America is expected to further fuel the antibody purification service market. Europe is considered to have significant growth prospects in the forecasting years due to growing investment in healthcare infrastructure.
However, Asia Pacific is expected experience highest market growth during the forecast periods as a result of untapped opportunities in this region. Another factor that may contribute towards the growth of antibody purification service market in this region is the presence of less stringent regulations for antibody development and production.
Meanwhile, the middle East and Africa are expected to contribute least in the antibody purification service market in the coming years.
Antibody Purification Service Market: Key players
Some of the players identified in the warm autoimmune hemolytic anemia market include:
- Thermo fisher
- Detai Bio-tech Co.
- KMD Bioscience
- Southern Biotech
- GE healthcare
- Creative Biolab
The report covers exhaustive analysis on:
- Antibody purification service Market Segments
- Antibody purification service Market Dynamics
- Historical Actual Market Size, 2013 - 2017
- Antibody purification service Market Size & Forecast 2018 to 2024
- Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Market Drivers and Restraints
Regional analysis includes
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
- Shifting Industry dynamics
- In-depth market segmentation
- Historical, current and projected industry size recent industry trends
- Key Competition landscape
- Strategies for key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
Antibody Purification Service Market: Segmentation
The global antibody purification service market has been segmented on the basis of type, application and end user.
- Physiochemical fractionation
- Class-specific affinity
- Antigen-specific affinity
- Monoclonal antibodies
- Polyclonal antibodies
By end use:
- Pharmaceutical and biotechnology companies
- Research companies
Market Research Methodology - Perfected through Years of Diligence
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