Custom Antibody Market size worth $ 716.51 Million, Globally, by 2028 at 9.76% CAGR: Verified Market Research®

- Elements such as expanding research activity in biotechnology and pharma industries along with rising alliance between industry and academic centers are the major growth driver of the Custom Antibody Market.

JERSEY CITY, N.J., Feb. 2, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Custom Antibody Market" By Type (Monoclonal Antibodies, Polyclonal Antibodies, and Recombinant Antibodies), By Source (Rabbits, Mice), By Application (Pharmaceuticals, Academic and Research Organizations). According to Verified Market Research, the Global Custom Antibody Market size was valued at USD 337.65 Million in 2020 and is projected to reach USD 716.51 Million by 2028, growing at a CAGR of 9.76% from 2021 to 2028.

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Browse in-depth TOC on "Custom Antibody Market"

202 - Pages
126 – Tables
37 – Figures

Global Custom Antibody Market Overview

Custom antibody services are the procedure of customizing antibodies for applications in research and development. The rising demand for the latest medical diagnostic techniques has increased to an appreciable extent in recent years. This growth can be allocated to increasing prevalence rates, increasingly concerned about public health issues among the technological advancements, common population, that have authorized customized products with high-quality standards, rise in spending on the healthcare sector.

Custom antibody services are used by hospitals to treat immune system diseases such as cancer and other ailments. The operation of custom antibody services in health care centers is expanding because of the speedy diagnosis procedure with less turnaround time. Moreover, the exactness level is big which means that patients have very few chances of misdiagnosis. In addition, it is a very cost-effective method for hospitals as compared to other diagnostic methods. Custom Antibody Services are used in Bioscience Research Institutes to discover new biomarkers. This helps researchers upgrade the standard of research by exposing diseases at their starting stage and also diminishes their expenditure on commercial antibody services. This is because custom antibodies can be spread for specific targets, which cannot be done with available commercial antibodies or kits.

Custom antibody mainly used by hospitals to diagnose immune system disease, cancer, and other ailments. The factors that drive the market are a rise in the number of hospitals, an increase in spending on healthcare by governments, and raising awareness about the disease. Also, the growth of personalized medicine for cancer will further fuel the demand for custom antibody services over the forecast period

Key Developments

• In 2021, Abcam plc and Abingdon Health (UK) entered into a collaboration and co-marketing agreement to increase Abcam's customer base.
• In 2021, GenScript and SunRock Biopharma entered into a collaboration to develop therapeutic antibody candidates. GenScript will provide solutions to SunRock Biopharma for antibody discovery, cell line development, process development for GMP drug substances, and drug product manufacturing services.
• In 2020, Thermo Fisher Scientific and BATL at Northeastern University entered into a collaborative agreement to advance analytical capabilities and drive innovation across the biopharmaceutical industry in various areas, including personalized medicine, monoclonal antibodies, and gene and cell therapies.

Key Players

The major players in the market are Merck Group, Abcam plc, BioLegend Inc., Agilent Technologies Inc., ProMab Biotechnologies, Bio-Rad Laboratories, Thermo Fisher Scientific, Inc., GenScript, Cell Signaling Technology, Inc., Rockland Immunochemicals and among others.

Verified Market Research has segmented the Global Custom Antibody Market On the basis of Type, Source, Application, and Geography.

• Custom Antibody Market, By Type
• Monoclonal Antibodies
• Polyclonal Antibodies
• Recombinant Antibodies
• Other Custom Antibodies
• Custom Antibody Market, By Source
• Rabbits
• Mice
• Others
• Custom Antibody Market, By Application
• Pharmaceutical
• Academic and Research Organization
• Others
• Custom Antibody Market by Geography
• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• ROW
• Middle East & Africa
• Latin America

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Top 10 Antibody Reagent Companies detecting reagents for protecting patients

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