Press Releases

New Developments Opening Gateways for the Research Antibodies Industry; Global Market Growing at 6.2% CAGR

March 12, 2015

Wellesley, Mass., March 12, 2015 –BCC Research (www.bccresearch.com) reveals in its new report on research antibodies, that since the first generation of monoclonal antibodies in 1975, the antibody industry has evolved into a prosperous one today. The research sector is the smallest of the three sectors of the antibody industry, with the other two being the diagnostic and therapeutic sectors. But, the research antibody sector is the foundation of the other two.

The global market for research antibodies was estimated at more than $2 billion in 2013 and nearly $2.2 billion in 2014. The strong research and development investment in the Asia-Pacific market will bring about the most rapid growth of the research antibody market. The U.S. market, which accounted for over 40% of the global research antibody market in 2013, will continue to be impacted by cuts in research funding and will therefore increase at an estimated compound annual growth rate (CAGR) of 3.1% from 2014 through 2019.

“The research antibody industry is at a critical time for a revolutionary change. New technologies for antibody generations are emerging, and new research needs, including those for new targets, higher specificity and higher sensitivity are increasing,” says BCC Research analyst Mike Fan. “More importantly, improving scientific reproducibility, including improving the lot-to-lot consistency of research reagents such as antibodies, is being emphasized by all related communities.”

Research antibodies are defined as all antibodies that are used for research only and as assay components for detection and quantification of specific targets within samples. The wide range of technologies and applications that use antibodies has created a highly competitive marketplace for research antibody suppliers. Although it appears that the overall research antibody market is relatively stable in terms of the overall market size, a dramatic change in the leading antibody manufacturing technologies, product attributes and competitive landscape is anticipated over the next few years.

Global Markets for Research Antibodies provides detailed market and industry analyses to help readers quantify and qualify the global market for research antibodies. Important trends in the field and market segments are identified, and market sizes and sales forecasts by segmented markets are provided through 2019.

                                                                              

SAMPLE FIGURE
GLOBAL RESEARCH ANTIBODY MARKET BY REGION, 2013-2019
($ MILLIONS)
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Source: BCC Research

Editors and reporters who wish to speak with the analyst should contact Steven Cumming at steven.cumming@bccresearch.com.

Global Markets for Research Antibodies( BIO141A )
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