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(MoneyNewsWire.Net, July 12, 2017 ) According to the report Global Antibodies Market, published by Market Data Forecast, the global market is projected to reach USD 161.897 Billion by 2021, at a CAGR 11.20% from 2016 to 2021.
Antibodies are proteins that are produced in response to specific antigens by plasma cells. They are also called as immunoglobulin. These antibodies are used as diagnostics as well as Therapeutic purposes for several indications of diseases, including but not limited to, rheumatoid arthritis, non-Hodgkin lymphoma, psoriasis, Crohns disease, macular degeneration, hypercholesterolemia, and asthma.
Antibodies, a type of mono-specific antibodies, are comprised of identical antibody molecules and are produced by a single clone of cells or cell line. Antibodies have brought about a fundamental change in pharmaceutical and biotechnology sectors and in the future too are slated to play a crucial role in clinical protocol with further development of these molecular agents. Antibodies find application in the treatment of a variety of diseases, particularly autoimmune, cancer, and inflammatory diseases. The global monoclonal antibodies market is characterized by the presence of numerous global and regional players and is dynamic in nature.
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Global Antibodies Market: Drivers & Restraints
Major factors that are primarily driving the Global antibodies market are continuous development of innovative products, increased adoption rate to therapeutic antibodies in cost-sensitive markets, rise in chronic illnesses owing to population shift and increasing longevity, swift approval by regulatory authorities for breakthrough therapies, and adoption of diagnostic antibodies. Companies are adopting to various strategies, like expansion of products indications to sustain the dynamically growing market. High cost of treatment and side effects associated with antibodies treatment can hamper the growth of global antibodies market.
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Global Antibodies Market: Segmentation
By Product Type
Monoclonal Antibodies
o Murine
o Chimeric
o Humanized
o Human
Polyclonal Antibodies
o Type I
o Type II
o Type III
o Type IV
o Type V
o Type VI
o Type VII
o Type VIII
Antibody-Drug Complexes
o Immunogen Technology
o Seattle Genetics Technology
o Immunomedics Technology
By Indication
Cancer
Autoimmune Diseases
Infectious Diseases
Cardiovascular Diseases
CNS Disorders
Others (Inflammatory, Microbial Diseases, & Other)
By End User
Hospitals/Clinics
Research Institute
Diagnostic Laboratories
By Application
Medical
Experimental
o Western Blot
o ELISA
o Radioimmune Assays
o Immunofluorescence
o Other (Immunohistochemistry, Immunoprecipitation, & Immunocytochemistry)
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/global-antibodies-market-1177/customize-report
Global Antibodies Market: Overview
Owing to a number of product launches, antibodies market is projected to witness steady growth. Effective harmonisation of product development, approval and registration guidelines in some of the major markets, such as United States and European Union can speed up the research and development of antibody related products.
Monoclonal antibodies segment accounts for the highest market share in the market. Cancer indication type segment is predicted to account highest market share over the forecast period due to broad range applications of monoclonal antibodies for the treatment of various cancers. Hospitals is predicted to account the highest share in global antibodies market during the forecast period.
Global Antibodies Market: Region-wise Outlook
Geographically the market is segmented into North America (U.S.A. and Canada), Europe (U.K., Germany, Italy, France, and Spain), Asia-Pacific (India, China, Australia, South Korea and Japan), Latin America, Middle east and Africa. North America dominates the global Antibodies market with highest share followed by Europe, Asia - Pacific. Asia-Pacific is expected to account highest growth during the forecast period.
Key Questions Answered
What is the industry growth forecast from 2016 to 2021?
What is the current and future Antibodies Market outlook worldwide? What trends are affecting the Global market?
What is the competitive landscape and market share of major players in the Antibodies space globally?
What are the technology & innovation trends, how will they evolve by 2021 ?
What are the key, high growth markets that Antibodies manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the Antibodies currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of Antibodies?
What are the challenges and barriers that have hindered widespread adoption of Antibodies?
Global Antibodies Market: Key Players
Some of the major companies operating in global Antibodies market are Abbott Diagnostics, Novartis AG, Pfizer Inc., ThermoFisher Scientific Inc., Eli Lilly and company, A.G. Scientific, Inc., Bristol-Myers Squibb, F. Hoffmann-La Roche Ltd., AbbVie Inc.
Reasons to buy Global Antibodies Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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