The global market for research antibodies is expected to reach nearly $3 billion in 2019
Wellesley, Mass. (PRWEB) March 12, 2015
BCC Research (http://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.
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About BCC Research
BCC Research publishes market research reports that make organizations worldwide more profitable with intelligence that drives smart business decisions. These reports cover today's major industrial and technology sectors, including emerging markets. For more than 40 years we've helped customers identify new market opportunities with accurate and reliable data and insight, including market sizing, forecasting, industry overviews, and identification of significant trends and key market participants. We partner with analysts who are experts in specific areas of industry and technology, providing unbiased measurements and assessments of global markets. Recently selected as the world’s greatest market research company, BCC Research is a unit of Eli Global, LLC. Visit our website at http://www.bccresearch.com. Contact us: (+1) 781-489-7301 (U.S. Eastern Time), or email firstname.lastname@example.org.