Custom Antibody Market - Global Forecast to 2028
The Global Custom Antibody Market size is projected to reach USD 860 million by 2028 from USD 548 million in 2023, at a CAGR of 9.4% during the forecast period. Factors such as increasing investment for the development of ADCs and rising research in structure-based drug design and therapeutics mAbs of custom antibody, are driving the market growth at a faster pace.
The recombinant antibodies segment is likely to grow at highest CAGR during the forecast period of 2023-2028.”
On the basis of type, the custom antibody market is segmented into monoclonal antibodies, polyclonal antibodies, recombinant antibodies, and others. The recombinant antibodies segment is projected to grow at the highest CAGR during the forecast period. The growth is attributed to low immunogenicity and increased research reproducibility offered by recombinant antibodies. This is likely to have a positive impact on segmental growth.
“The mice source is expected to hold a dominant share in 2023.”
Based on the source, the market is segmented into mice, rabbits, and others. The mice segment is expected to grow at a faster pace during the forecast period due to factors that mice are conventionally preferred hosts for mAbs production for research purposes.
“In 2022, the research applications segment held a dominant share.”
Based on application, the custom antibody market is segmented into research and therapeutic applications. The research applications segment held a dominant share of the custom antibody market. Adoption of custom antibody in research and drug discovery & development is one of the major factors anticipated to project the market growth
“The oncology segment is likely to grow at highest CAGR during the forecast period of 2023-2028.”
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Last Update : Mar 23, 2023 12:41 AM
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