Research Antibodies Market by Indication (Immunology, Infectious Diseases, Neurobiology), Operation (Drug Development, Genomics, Proteomics), Product, Source, Technology, Type, End User - Global Forecast 2024-2030
Research Antibodies Market by Indication (Immunology, Infectious Diseases, Neurobiology), Operation (Drug Development, Genomics, Proteomics), Product, Source, Technology, Type, End User - Global Forecast 2024-2030
The Research Antibodies Market size was estimated at USD 6.27 billion in 2023 and expected to reach USD 6.79 billion in 2024, at a CAGR 8.43% to reach USD 11.05 billion by 2030.
The market for research antibodies refers to the global industry that revolves around the production, distribution, and application of antibodies for scientific research purposes. Antibodies are proteins utilized by the immune system to recognize and balance foreign substances, such as bacteria and viruses. In the research context, antibodies can be used in multiple applications, such as western blotting, flow cytometry, immunoprecipitation, immunofluorescence, and ELISA. The end-use for these antibodies is typically found in pharmaceutical and biotechnology companies, academic and research institutes, and contract research organizations. The broad application base provides a wide market scope, with demand driving the development of innovative and high-specific antibodies for diverse research needs. The growth of the research antibodies market is influenced by several factors, including the rising popularity of genomics and proteomics research, increasing clinical trials and approvals of research antibodies, and heightened investment in R&D by pharmaceutical and biotech firms. However, the research antibodies market faces certain challenges, such as the high cost of production and procurement of high-quality research antibodies, quality concerns associated with research antibodies, and tightening regulations regarding the use of animals in antibody production. On the other hand, the proliferation of personalized medicine and biomarkers, increasing investment and funding for novel drug development, and the shift from traditional polyclonal antibodies to recombinant antibodies present potential opportunities for the research antibodies market in the coming years.
Regional Insights
In the United States, there is a robust demand for high-quality research antibodies, primarily due to the presence of major pharmaceutical companies, a strong focus on R&D in biotechnology and life sciences, and significant government and private investment. The National Institutes of Health (NIH), a prominent funding body, has a continuing initiative to support biomedical research, which positively impacts the antibody market. Canada's market is characterized by a growing biotechnology industry and increased government funding in medical research. In South America, the research antibodies market is evolving, with countries such as Brazil and Argentina spearheading regional demand due to improving healthcare systems, increased governmental and private support for research, and a rise in non-communicable diseases. EU countries exhibit a strong demand for research antibodies due to well-established pharmaceutical and biotech industries, alongside extensive academic research activities. However, stringent regulatory policies may impose limitations on the market's growth. Focus on innovation and sustainability within research practices remains a central trend in European countries, including Germany, the UK, and France. The research antibody market in the Middle East is evolving with increasing investment in healthcare and research infrastructure. Africa's research antibody market is relatively untapped, with significant potential for growth. The APAC region exhibits rapid market growth due to emerging economies, increased healthcare funding, and expanding research sectors. China's antibody market is rapidly growing, with significant investments in biopharmaceutical R&D and a flourishing generics industry. Japan has an established pharmaceutical sector with a tradition of innovation, making it a significant market for research antibodies. Japan is known for its high standards in research practices, leading customers to demand antibodies with high specificity and reproducibility. India presents a rapidly evolving market with a surge in biosimilar research and a burgeoning biotech industry.
Market Insights
Market Dynamics
The market dynamics represent an ever-changing landscape of the Research Antibodies Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
Market Drivers
Rising Popularity of Genomics and Proteomics Research
Increasing Clinical Trials and Approvals of Research Antibodies
Market Restraints
Time and Cost Consuming Antibody Development Processes
Market Opportunities
Proliferation of Personalized Medicine and Biomarkers
Increasing Investment and Funding for Novel Drug Development
Market Challenges
Quality Concerns Associated with Research Antibodies
Market Segmentation Analysis
Indication: Increasing preference for research antibodies in immunology to understand autoimmune diseases
End User: Expanding usage of research antibodies among pharmaceutical & biotechnology companies
Market Disruption Analysis
Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Research Antibodies Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Research Antibodies Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
Danaher Completes Acquisition of Abcam
Danaher Corporation announced the completion of its acquisition of Abcam PLC, a research antibody provider. This strategic move integrates Abcam into Danaher's portfolio as an indirectly wholly-owned subsidiary and has prompted the suspension of Abcam's trading on the Nasdaq.
AbbVie and BigHat Biosciences Announce Research Collaboration to Leverage Artificial Intelligence and Machine Learning to Discover Next-Generation Therapeutic Antibodies
AbbVie Inc. announced a strategic partnership with BigHat Biosciences to advance the discovery and development of innovative therapeutic antibodies within oncology and neuroscience. This initiative aligns with AbbVie’s goal to expedite the delivery of superior medicines by embracing AI/ML methodologies in its research.
AbCellera and Canada to invest $500M+ to boost antibody manufacturing and research
AbCellera Biologics Inc. secured a substantial investment from the Canadian federal government and the provincial government of British Columbia with USD 515.9 million. This strategic financial commitment is expected to facilitate AbCellera’s construction of state-of-the-art infrastructure dedicated to innovating and producing cutting-edge antibody therapeutics.
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Research Antibodies Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Research Antibodies Market, highlighting leading vendors and their innovative profiles. These include Abcam PLC, Absolute Antibody Ltd., Agilent Technologies, Inc., AvantGen, Inc., Becton, Dickinson and Company, Bio X Cell, Bio-Rad Laboratories, Inc., Bio-Techne Corporation, Cell Signaling Technology, Inc., Danaher Corporation, Enzo Life Sciences, Inc., F. Hoffmann-La Roche AG, GenScript Corporation, Jackson ImmunoResearch Inc., Merck KGaA, PerkinElmer, Inc., PROGEN Biotechnik GmbH, Proteintech Group, Inc., QIAGEN N.V., Santa Cruz Biotechnology Inc., Synaptic Systems GmbH, Sysmex Corporation, and Thermo Fisher Scientific Inc..
Market Segmentation & Coverage
This research report categorizes the Research Antibodies Market to forecast the revenues and analyze trends in each of the following sub-markets:
Indication
Immunology
Infectious Diseases
Neurobiology
Oncology
Stem Cells
Operation
Drug Development
Genomics
Proteomics
Product
Monoclonal Antibodies
Polyclonal Antibodies
Source
Goat
Mouse
Rabbit
Technology
Enzyme-Linked Immunosorbent Assay
Flow Cytometry
Immunofluorescence
Immunohistochemistry
Immunoprecipitation
Western Blotting
Type
Primary Antibodies
Secondary Antibodies
End User
Academic & Research Institutes
Pharmaceutical & Biotechnology Companies
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising Popularity of Genomics and Proteomics Research
5.1.1.2. Increasing Clinical Trials and Approvals of Research Antibodies
5.1.2. Restraints
5.1.2.1. Time and Cost Consuming Antibody Development Processes
5.1.3. Opportunities
5.1.3.1. Proliferation of Personalized Medicine and Biomarkers
5.1.3.2. Increasing Investment and Funding for Novel Drug Development
5.1.4. Challenges
5.1.4.1. Quality Concerns Associated with Research Antibodies
5.2. Market Segmentation Analysis
5.2.1. Indication: Increasing preference for research antibodies in immunology to understand autoimmune diseases
5.2.2. End User: Expanding usage of research antibodies among pharmaceutical & biotechnology companies
5.3. Market Trend Analysis
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter’s Five Forces Analysis
5.6.1. Threat of New Entrants
5.6.2. Threat of Substitutes
5.6.3. Bargaining Power of Customers
5.6.4. Bargaining Power of Suppliers
5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization
6. Research Antibodies Market, by Indication
6.1. Introduction
6.2. Immunology
6.3. Infectious Diseases
6.4. Neurobiology
6.5. Oncology
6.6. Stem Cells
7. Research Antibodies Market, by Operation
7.1. Introduction
7.2. Drug Development
7.3. Genomics
7.4. Proteomics
8. Research Antibodies Market, by Product
8.1. Introduction
8.2. Monoclonal Antibodies
8.3. Polyclonal Antibodies
9. Research Antibodies Market, by Source
9.1. Introduction
9.2. Goat
9.3. Mouse
9.4. Rabbit
10. Research Antibodies Market, by Technology
10.1. Introduction
10.2. Enzyme-Linked Immunosorbent Assay
10.3. Flow Cytometry
10.4. Immunofluorescence
10.5. Immunohistochemistry
10.6. Immunoprecipitation
10.7. Western Blotting
11. Research Antibodies Market, by Type
11.1. Introduction
11.2. Primary Antibodies
11.3. Secondary Antibodies
12. Research Antibodies Market, by End User
12.1. Introduction
12.2. Academic & Research Institutes
12.3. Pharmaceutical & Biotechnology Companies
13. Americas Research Antibodies Market
13.1. Introduction
13.2. Argentina
13.3. Brazil
13.4. Canada
13.5. Mexico
13.6. United States
14. Asia-Pacific Research Antibodies Market
14.1. Introduction
14.2. Australia
14.3. China
14.4. India
14.5. Indonesia
14.6. Japan
14.7. Malaysia
14.8. Philippines
14.9. Singapore
14.10. South Korea
14.11. Taiwan
14.12. Thailand
14.13. Vietnam
15. Europe, Middle East & Africa Research Antibodies Market
15.1. Introduction
15.2. Denmark
15.3. Egypt
15.4. Finland
15.5. France
15.6. Germany
15.7. Israel
15.8. Italy
15.9. Netherlands
15.10. Nigeria
15.11. Norway
15.12. Poland
15.13. Qatar
15.14. Russia
15.15. Saudi Arabia
15.16. South Africa
15.17. Spain
15.18. Sweden
15.19. Switzerland
15.20. Turkey
15.21. United Arab Emirates
15.22. United Kingdom
16. Competitive Landscape
16.1. Market Share Analysis, 2023
16.2. FPNV Positioning Matrix, 2023
16.3. Competitive Scenario Analysis
16.3.1. Danaher Completes Acquisition of Abcam
16.3.2. AbbVie and BigHat Biosciences Announce Research Collaboration to Leverage Artificial Intelligence and Machine Learning to Discover Next-Generation Therapeutic Antibodies
16.3.3. AbCellera and Canada to invest $500M+ to boost antibody manufacturing and research