New York, United States , May 31, 2024 (GLOBE NEWSWIRE) -- The Global Polyclonal Antibodies Market Size is to Grow from USD 1.3 Billion in 2023 to USD 2.2 Billion by 2033, at a CAGR of 5.40% during the projected period.
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Polyclonal antibodies (pAbs) are a complicated mixture of several antibodies that frequently originate from many animals B-cell clones. Because each antibody can integrate with a separate epitope on the antigen, these antibodies can produce homogenous lattices with monomeric protein antigens. Because of its ability to bind epitopes, it has advantages. To create polyclonal antibodies, an animal must be immunized with a chosen antigen twice. A common method for producing antibodies is to infect an appropriate mammal, such as a goat, mouse, or rabbit, with a virus. It is anticipated that growing acquisitions of inorganic development strategies, such as alliances and product launches by major industry players, will propel market expansion. Their ability to bind to several epitopes on the surface of cancer cells makes them useful instruments for the detection, treatment, and prognosis of cancer. The market for polyclonal antibodies is expanding as a result of the rise in cancer patients. However, the high expenditure on polyclonal antibodies generation hampered market growth. Furthermore, polyclonal antibodies can exhibit cross-reactivity, in which they bind to unexpected sites, in addition to their lack of particularity. This may lead to assays producing false-positive results and affect the reliability and correctness of experimental data. Throughout the forecast period, these factors will limit the growth of the polyclonal antibodies market.
Browse key industry insights spread across 259 pages with 110 Market data tables and figures & charts from the report on the “Global Polyclonal Antibodies Market Size, Share, and COVID-19 Impact Analysis, By Product (Primary Antibody and Secondary Antibody), By Source (Rabbits, Goats, Sheep, and Others), By End-User (Academic & Research Center, Pharmaceutical & Biotechnology Companies, Diagnostic Centers, and Hospitals), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.”
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The secondary antibody segment dominates the market with the largest revenue share through the forecast period.
Based on the product, the global polyclonal antibodies market is segmented into primary antibody and secondary antibody. Among these, the secondary antibody segment dominates the market with the largest revenue share through the forecast period. The capacity of secondary antibody in the industry can be attributed to their character in signal amplification throughout the detection method, involving ELISA, immunohistochemistry, and western blotting. The flexibility and signal amplification capacity of the secondary antibodies made them a preferred alternative.
The rabbits segment dominated the global polyclonal antibodies market in 2023.
Based on the source, the global polyclonal antibodies market is segmented into rabbits, goats, sheep, and others. Among these, the rabbits segment dominated the global polyclonal antibodies market in 2023. Globally, rabbit polyclonal antibodies are used in biomedical research, particularly in immunological techniques including immunohistochemistry, flow cytometry, and western blotting.
The pharmaceutical & biotechnology companies segment accounted for the largest market share in 2023.
Based on the end-user, the global polyclonal antibodies market is segmented into academic & research center, pharmaceutical & biotechnology companies, diagnostic centers, and hospitals. Among these, the pharmaceutical & biotechnology companies segment accounted for the largest market share in 2023. Polyclonal antibodies are used by pharmaceutical and biotechnology companies for a variety of reasons, including medicines, research instruments, and diagnostic assays. To enhance their R&D capabilities, for example, businesses are strongly collaborating with other businesses and end users, growing pipeline investigations, and investing in research to provide efficient goods that satisfy therapeutic needs.
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North America dominates the market with the largest market share over the forecast period.
North America dominates the market with the largest market share over the forecast period. The pharmaceutical and academic sectors, government agencies, and research institutes are among the advanced research and development facilities in the North America region. These regions heavily fund technological innovation, including the development of polyclonal antibodies. North America government and commercial organizations have increased funding for biotechnology and pharmaceutical businesses' research and development, leading to the establishment of cutting-edge and innovative treatments like polyclonal antibodies. These factors drive the growth of the polyclonal antibodies market over the forecast period.
The Asia-Pacific region is expected to grow the fastest during the forecast period. There are several descriptions, including the growing incidence of long-term conditions such as autoimmune illnesses and the need for specialized care and focused treatments. The Asia-Pacific area is home to a substantial and expanding population, particularly in countries like China and India that are experiencing rapid economic expansion. These factors drive the growth of the polyclonal antibodies market over the forecast period in the Asia-Pacific region.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the global polyclonal antibodies market are Abcam plc, Cell Signaling Technology Inc., BioLegend, Inc., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd., Creative Diagnostics., Merck KGaA, GenScript, Bio-Rad Laboratories Inc., Becton, Dickinson and Company, PerkinElmer Inc., SAB Biotherapeutics, Geno Technology Inc., Takara Bio Inc., ROCKLAND IMMUNOCHEMICALS, INC., and Other Key Players.
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Recent Developments
- In January 2023, SAB Biotherapeutics, Inc., a biotechnology company, introduced positive results from a project in partnership with CSL, a biotechnology company, verifying that SAB’s Diversitab platform can produce functional fully-human anti-idiotype polyclonal antibodies that effectively target and neutralize autoantibodies related to autoimmune diseases.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global polyclonal antibodies market based on the below-mentioned segments:
Global Polyclonal Antibodies Market, By Product
- Primary Antibody
- Secondary Antibody
Global Polyclonal Antibodies Market, By Source
- Rabbits
- Goats
- Sheep
- Others
Global Polyclonal Antibodies Market, By End-User
- Academic & Research Center
- Pharmaceutical & Biotechnology Companies
- Diagnostic Centers
- Hospitals
Global Polyclonal Antibodies Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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