Polyclonal Antibodies Market Size, Share, Revenue, Trends And Drivers For 2024-2033
The Business Research Company's Polyclonal Antibodies Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
LONDON, GREATER LONDON, UK, August 8, 2024 /EINPresswire.com/ -- The global polyclonal antibodies market is projected to grow from $1.35 billion in 2023 to $1.43 billion in 2024, at a compound annual growth rate (CAGR) of 6.2%. It will grow to $1.83 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The market’s strong growth can be attributed to the increasing demand in biomedical research, expanded diagnostic applications, a rise in chronic diseases, and the broad range of applications for polyclonal antibodies.
Rising Infectious Disease Outbreaks Drive Market Growth
The rise in infectious disease outbreaks is a significant factor contributing to the growth of the polyclonal antibodies market. Polyclonal antibodies play a critical role in diagnosing and managing infectious diseases by targeting various microorganisms, including bacteria, viruses, parasites, and fungi. According to the Centers for Disease Control and Prevention (CDC), the incidence of tuberculosis rose from 2.4 per 100,000 people in 2021 to 2.5 in 2022. This increase in infectious disease cases underlines the growing need for effective diagnostic tools and treatments, driving the demand for polyclonal antibodies.
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Key Players and Market Trends
Key players such as Abcam PLC, GenScript Biotech Corporation, and Thermo Fisher Scientific Inc. are leading innovations in the polyclonal antibodies market. These companies are focused on enhancing their product offerings and research capabilities. For instance, GigaGen Inc. published a significant research article in July 2022 on their recombinant polyclonal antibody product targeting SARS-CoV-2. This development underscores the industry's emphasis on research and development to advance polyclonal antibody applications and manufacturing processes.
Trends Shaping the Market
Major trends in the polyclonal antibodies market include advancements in antibody engineering, increased use in cancer immunotherapy, the rise of biosimilar polyclonal antibodies, and their application in neurological disorders. The market is also witnessing regulatory advances and improved compliance standards that further drive innovation and growth.
Segments:
• Product Type: Primary Antibody, Secondary Antibody
• Source: Rabbits, Goats, Sheep, Other Sources
• Application: Research, Diagnostics, Therapy
• End-User: Academic and Research Centers, Pharmaceutical and Biotechnology Companies, Diagnostic Centers, Hospitals
Geographical Insights: North America Leading the Market
North America was the largest region in the polyclonal antibodies market in 2023. However, Asia-Pacific is expected to be the fastest-growing region during the forecast period, driven by increasing investments in healthcare and expanding research capabilities in the region.
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Polyclonal Antibodies Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Polyclonal Antibodies Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on polyclonal antibodies market size, polyclonal antibodies market drivers and trends, polyclonal antibodies market major players, competitors' revenues, market positioning, and market growth across geographies. The polyclonal antibodies market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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