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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Custom Antibody Market Analysis
The biopharmaceutical industry has seen significant growth in recent years. With focus on biologics, monoclonal antibodies, and personalized medicine to treat chronic diseases like cancer and autoimmune disorders, the custom antibody market demand has grown.
The market growth is driven by the rising technical advancements in the antibody research domain. Numerous companies are expanding their biopharmaceutical division to develop efficient and better solutions for patients. In May 2023, Biosynth acquired United Kingdom based Cambridge Research Biochemicals, an independent producer and custom-made peptide and antibody tools. This acquisition is projected to benefit both United States and Europe population, as the companies aim at generating novel, or complex monoclonal as well as polyclonal antibodies that are not present in catalogs.
China based Biocytogen Pharmaceuticals Co. Ltd. revealed the expansion of their company into two new divisions in August 2023. These divisions are designed to focus on animal models and preclinical services along with development and discovery of new antibody-based drugs for out-licensing and partnerships. Such expansions will play a critical role in catering to the increasing demand for pharmaceuticals and will benefit the custom antibody market value significantly in upcoming years.
Custom Antibody Market Report Snapshots
Custom Antibody Market Analysis
*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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Key Questions Answered in the Report
The market attained a value of about USD 393.3 million in 2023, driven by the increasing prevalence of customised medicine across the globe.
The market is anticipated to grow at a CAGR of 12.7% during the forecast period of 2024-2032, likely to reach a market value of USD 1149.1 million by 2032.
The market demand is driven by the rising prevalence of chronic diseases as well as antibiotic resistance which requires new antibody-based drugs for effective treatment on patients.
The current market trend is around the expanding division of pharmaceutical companies to devise novel drugs and therapeutics. In August 2023, China based Biocytogen Pharmaceuticals Co. Ltd. launched two new divisions, focusing on animal models and preclinical services along with development and discovery of new antibody-based drugs.
Product types include monoclonal, polyclonal, and recombinant antibodies, among others.
Based on services, the market is divided into antibody development, antibody production and purification, antibody fragmentation and labelling, among others.
Mice and rabbit among others are the common sources.
Common application areas include oncology, infectious diseases, neurology, stem cells, immunology, and cardiovascular diseases, among others.
Major distribution channels include direct tender and third party distributors, among others.
Major end users include pharmaceutical, biotechnology companies, academic and research institutes, CRO, hospitals and clinics, among others.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is currently leading the global market.
Key players involved in the market are Thermo Fisher Scientific Inc., Creative Diagnostics, Abcam plc., Bio-Rad Laboratories, Inc, Kaneka Eurogentec S.A., YenZym Antibodies, LLC., Abmart, Labcorp Drug Development, LifeSpan BioSciences, Inc., GenScript, Agilent Technologies, Proteogenix, Raybiotech, Inc., ProSci Incorporated, and Innovagen AB.
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+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124