Antibody Engineering Services Market Scope
Antibody engineering services are the services involved in modifying the various types of antibodies such as monoclonal antibodies, polyclonal antibodies, bispecific antibodies, recombinant antibodies to enhance or dampen their functions. Antibody engineering services include antibody cDNA sequencing and cloning, humanization, gene synthesis, transient expression, isotype switching, chimerisation, and other services. It is used in research, medical, diagnostics/therapeutics, etc applications. Antibodies are engineered and produced for the treatment of a variety of diseases specifically in cancer therapies.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Promab Biotechnologies (United States), Creative Biolabs, Inc. (United States), Biologics International Corp (United States), Innovagen AB (Sweden), Abzena Ltd (United Kingdom), YUMAB (Germany), Absolute Antibody (United Kingdom), Fusion Antibodies (United Kingdom), Genscript Biotech (United States) and ExonBIO (United States) |
CAGR | % |
Antibody Engineering Services market is a fragmented market due to the presence of various players. The players are focusing developing innovative products and solutions to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Promab Biotechnologies (United States), Creative Biolabs, Inc. (United States), Biologics International Corp (United States), Innovagen AB (Sweden), Abzena Ltd (United Kingdom), YUMAB (Germany), Absolute Antibody (United Kingdom), Fusion Antibodies (United Kingdom), Genscript Biotech (United States) and ExonBIO (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are LakePharma (United States), Amgen Inc. (United States), Sino Biological (China), GenScrip (United States) and WuXi Biologics (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Antibody Engineering Services market by Type , by Application (Research, Diagnostic, Therapeutics and Others) and Region with country level break-up.
On the basis of geography, the market of Antibody Engineering Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In April 2020, Adaptive Extends Immune Medicine Platform to Discover Therapeutic Antibodies from Recovered COVID-19 Patients and Amgen Will Leverage Genetics, Immunology, Antibody Engineering, and Manufacturing Capabilities Companies Will Begin Work Immediately. The mutually exclusive collaboration brings together Adaptive's proprietary immune medicine platform for the identification of virus-neutralizing antibodies with Amgen's expertise in immunology and novel antibody therapy development. Given the rapidly rising incidence of COVID-19 around the world, the companies will begin work immediately and finalize financial details and terms in the coming weeks.
Influencing Trend:
Rising Drug Discovery Activities By Many Healthcare and Research Institutes and Advancement in Biotechnology Industry
Market Growth Drivers:
Growing Cancer and Autoimmune Diseases in People and Need for Diagnostics and Therapeutic Solutions for Chronic Disease
Challenges:
Stiff Competition in the Antibody Engineering Services Market
Restraints:
Regulatory Guidelines and Compliance Involved in Antibody Engineering Services
Opportunities:
Surging Investment and Spendings on the Medical and LifeSciences Operations will Boost the Antibody Engineering Services Market
Key Target Audience
Antibody Engineering Services Providers, Antibody Engineering Services Industry Associations, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others