The Research Antibodies and Reagents Global Market Report 2023 by The Business Research Company, provides research antibodies and reagents market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032
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According to The Business Research Company’s Research Antibodies and Reagents Global Market Report 2023, the global research antibodies and reagents market size grew from $13.19 billion in 2022 to $14.02 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global research antibodies and reagents is expected to grow from $18.85 billion in 2027 at a CAGR of 7.7%.
Increasing investment in medical and health research and development (R&D) is predicted to contribute to the growth of the research antibodies and reagents market. In the field of life science research, antibodies and reagents are essential components for the investigation of biological processes or causes of diseases through careful experimentation, observation, laboratory work, analysis, and testing.
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The research antibodies and reagents market is segmented:
1) By Technology: Western Blot, Immunofluorescence, Immunohistochemistry, Flow Cytometry, Enzyme-linked Immunosorbent Assay (ELISA), Multiplex Immunosorbent Assay, Immunoprecipitation, Other Technologies
2) By Application: Proteomics, Drug Discovery & Development, Genomics
3) By End-User: Pharmaceutical & Biotechnology Industry, Academic & Research Institutes, Contract Research Organizations (CROs)
Technological advancements in the area of purification of antibodies and reagents show opportunities for the growth of the research antibodies and reagents market during the forecast period. Irreproducible antibodies and reagents are a major challenge for the industry, as this will affect the outcome of the research. For instance, in July 2020, Sysmex Corporation, a Japan based diagnostic tools manufacturing company, launched antibody measurement technology for the Coronavirus (SARS-CoV-2) Antibody Lab Assay Service and Antibody Measurement Reagents. These tools were employed in a clinical performance assessment that involved IgG antibody detection. They were utilized to compare IgG antibody concentrations in relation to circulating N and S antigens between SARS-CoV-2 patients and a group of SARS-CoV-2 patients after leaving the hospital.
Top 5 Major Key Players Are:
Becton Dickinson and Company
Thermo Fisher Scientific Inc
Bio-Rad Laboratories Inc
F. Hoffmann-La Roche Ltd
Merck KGaA
Table Of Contents
1. Research Antibodies And Reagents Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
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20. Research Antibodies And Reagents Global Market Competitive Landscape And Company Profiles
21. Key Mergers And Acquisitions In The Research Antibodies And Reagents Market
22. Research Antibodies And Reagents Market Opportunities And Strategies
23. Research Antibodies And Reagents Market, Conclusions And Recommendations
24. Appendix
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