Report Overview

The global antibody discovery market was valued at USD 1.60 Billion in 2023, driven by the rising incidence of chronic and infectious illnesses across the globe. The market is anticipated to grow at a CAGR of 10.10% during the forecast period of 2024-2032, with the values likely to reach USD 3.80 Billion by 2032.

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

  • In November 2023, Bio-Rad Laboratories launched a new antibody discovery service aimed at improving therapeutics development. The introduction of such innovative services and platforms is expected to boost the market growth in the forecast period.
  • LabGenius raised GBP 35 million in Series B financing in May 2024 for the discovery of antibody therapeutics. Utilizing EVA™, a smart robotic platform, LabGenius performs experiments, acquires knowledge, and encourages creativity and competitiveness within the market.
  • The surge in new drug approvals by regulatory bodies such as the United States FDA is a major market trend.

Antibody Discovery Market Overview

The process of antibody discovery involves identifying and developing highly specific antibodies for a specific antigen. By using specific techniques and carefully planned tests, antibodies such as IgG can selectively attach to their desired targets. Precision is essential in medical and research settings to ensure that antibodies can successfully bind to their intended targets.

Antibody Discovery Market Growth Drivers

Rising Incidence of Chronic and Infectious Illnesses is Likely to Drive Market Growth

The market growth is being driven by the increase in chronic diseases such as diabetes, cancer, and autoimmune diseases. Around 129 million Americans are affected by significant chronic illnesses like heart disease, cancer, and hypertension. Antibody therapies are successful in treating these illnesses by attaching to molecules that cause the disease with few side effects, resulting in a higher need for antibody discovery services.

Antibody Discovery Market Trends

Antibody Discovery Market Segmentation

The market report offers a detailed analysis of the market based on the following segments:

Market Breakup by Antibody Type

  • Monoclonal Antibodies
  • Polyclonal Antibodies
  • Others

Market Breakup by Services

  • Phage Display
  • Hybridoma
  • Others

Market Breakup by End User

  • Pharmaceutical and Biopharmaceutical Companies
  • Research Laboratories
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Antibody Discovery Market Share

Segmentation Based on Application to Witness Substantial Growth

The market is divided into monoclonal antibodies, polyclonal antibodies, and others, based on antibody type. Monoclonal antibodies are predicted to lead the global antibody market share because of their accuracy, specificity, and wide range of uses in treating different illnesses. Novel monoclonal antibodies, including bispecific antibodies and ADCs, have further enhanced their therapeutic potential.

Antibody Discovery Market Analysis by Region

The market is segmented into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America dominates the market share which can be attributed to the high incidence of chronic diseases, rising demand for personalized medicine, and substantial investment in research and development (R&D) for new antibody therapies in the region.

Leading Players in the Antibody Discovery Market

The key features of the market report comprise patent analysis, clinical trial analysis, grants analysis, funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:

Biocytogen Pharmaceuticals (Beijing) Co., Ltd.

Biocytogen Pharmaceuticals is a global biotech company. In December 2023, they revealed a collaboration with Ona Therapeutics, a Spanish biotech company specializing in creating groundbreaking antibody therapeutics for advanced cancer.

Evotec SE

Evotec SE is a leading pharmaceutical company that leverages advanced science, technology, and collaborations ...

Sartorius AG

Sartorius AG is an international provider of pharmaceutical and laboratory equipment, focusing on Bioprocess S...

Charles River Laboratories International, Inc.

Charles River Laboratories International, Inc. is a pharmaceutical company based in the United States that off...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other key players in the market include Creative Biolabs, Bruker Cellular Analysis Inc., BioDuro-Sundia, Aragen Life Sciences Ltd, Abzena, and AbTherx, Inc.

Key Questions Answered in the Antibody Discovery Market

  • What was the antibody discovery market value in 2023?
  • What is the antibody discovery market forecast outlook for 2024-2032?
  • What are the regional markets covered in the EMR report?
  • What is the market segmentation based on antibody type?
  • What is the market segmentation based on service?
  • What is the market breakup based on the end user?
  • What are the major factors aiding the antibody discovery market demand?
  • How has the market performed so far and how is it anticipated to perform in the coming years?
  • What are the major drivers, opportunities, and restraints in the market?
  • What are the major trends influencing the market?
  • Which regional market is expected to dominate the market share in the forecast period?
  • Which country is likely to experience elevated growth during the forecast period?
  • Who are the key players involved in the antibody discovery market?
  • What is the patent landscape of the market?
  • What are the current unmet needs and challenges in the market?
  • How are partnerships, collaborations, mergers, and acquisitions among the key market players shaping the market dynamics?

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Antibody Type
  • Service
  • End User
  • Region
Breakup by Antibody Type
  • Monoclonal Antibodies
  • Polyclonal Antibodies
  • Others
Breakup by Service
  • Phage Display
  • Hybridoma
  • Others
Breakup by End User
  • Pharmaceutical and Biopharmaceutical Companies
  • Research Laboratories
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • PESTEL Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Company News and Developments
    • Certifications
Companies Covered
  • Biocytogen Pharmaceuticals (Beijing) Co., Ltd.
  • Evotec SE
  • Sartorius AG
  • Charles River Laboratories International, Inc.
  • Creative Biolabs.
  • Bruker Cellular Analysis Inc
  • BioDuro-Sundia
  • Aragen Life Sciences Ltd
  • Abzena
  • AbTherx, Inc

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