Antibody Production Market Expected to Reach USD 30.7 Billion by 2031, Growing at a CAGR of 7.8% from 2023 to 2031: Transparency Market Research, Inc.

Increasing Frequency of Cancer and Autoimmune Disorders and Rising Use of Immunoassays to Advance Antibody Production Market

Wilmington, Delaware, United States, Transparency Market Research Inc. -, Oct. 08, 2024 (GLOBE NEWSWIRE) — As per the report published by Transparency Market Research, the global

Antibody Production Market Report Scope:

Report Coverage	Details
Forecast Period	2023-2031
Base Year	2017-2022
Size in 2022	US$ 15.6 Bn
Forecast (Value) in 2031	US$ 30.7 Bn Bn
Growth Rate (CAGR)	7.8 %
No. of Pages	175 Pages
Segments covered	Antibody Type, Process, End-user

Antibody Production Market Regional Insights

• North America dominated the market in 2022

North America accounted for the largest market value in 2021. The region is likely to maintain its dominant position during the forecast period.

North America faces a rising incidence of chronic diseases such as cancer, autoimmune disorders, and infectious diseases. According to the American Cancer Society, the U.S. alone reported an estimated 1.9 million new cancer cases in 2022.

Monoclonal antibodies (mAbs) are increasingly being used in the treatment of these conditions, particularly in oncology and immunology. The high disease burden in the region is a primary factor boosting the demand for antibody production.

Moreover, North America is home to some of the world’s leading biotechnology and pharmaceutical companies, which have significantly invested in antibody research and development.

Companies such as Amgen, Pfizer, and Merck, as well as a robust network of smaller biotech firms, are continuously developing new therapeutic antibodies and biologics. The region’s advanced R&D infrastructure, strong industry-academic collaborations, and ample funding resources contribute to the growth of the antibody production market.

Prominent Key Players Operating in the Antibody Production Industry

Danaher Corporation, Merck KGaA, Sartorius, Thermo Fisher Scientific Inc., Eppendorf AG, INTEGRA Biosciences AG, Genetix Biotech Asia Pvt Ltd., Solaris Biotech, Grifols, F. Hoffmann-La Roche AG and FiberCell Systems Inc. are some of the leading key players operating in the industry.

Latest Developments

In August 2022, the FDA approved Enhertu for the treatment of unresectable or metastatic HER2-low breast cancer

Antibody Production Market Segmentation

Antibody Type

• Monoclonal Antibodies
• Polyclonal Antibodies
• Other Antibody Types

Process

• Upstream Processing
  • Bioreactors
    • Large-scale Bioreactors
    • Single-use Bioreactors
  • Consumables
• Downstream Processing
  • Chromatography Systems
  • Chromatography Resins
• Filtration
  • Filtration Systems
  • Filtration Consumables & Accessories

End-user

• Pharmaceutical and Biotechnology Companies
• Research Laboratories
• Other End-users

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