The mammalian polyclonal immunoglobulin G (IgG) antibody market size has grown strongly in recent years. It will grow from $1.22 billion in 2023 to $1.31 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to increasing focus on rare diseases, expanding applications in research, increasing demand for therapeutic antibodies, evolving regulatory guidelines and quality standards, and expanding the biopharmaceutical sector.
The mammalian polyclonal immunoglobulin G (IgG) antibody market size is expected to see strong growth in the next few years. It will grow to $1.78 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to rising adoption in precision medicine, increasing research in immunotherapy, growing investments in biopharmaceutical research and development (R&D), emerging healthcare infrastructure, shift towards contract manufacturing. Major trends in the forecast period include technological advancements in antibody engineering, emergence of next-generation sequencing (ngs) assays, advancements in biomarker discovery, advances in bioconjugation technologies, advances in therapeutic applications.
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Scope Of Mammalian Polyclonal Immunoglobulin G (IgG) Antibody Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Mammalian Polyclonal Immunoglobulin G (IgG) Antibody Market Overview
Market Drivers –
The increasing spending on animal health is expected to propel the growth of the mammalian polyclonal immunoglobulin G (IgG) antibody markets going forward. Animal health refers to the holistic care and management practices aimed at ensuring the well-being and longevity of animals, including pets, livestock, and wildlife. Spending on animal health is increasing due to rising pet ownership, greater demand for animal products, advances in veterinary care, stronger human-animal bonds, and stricter regulations. Higher spending on animal health boosts demand for specialized mammalian polyclonal immunoglobulin G (IgG) antibody, spurring innovation, loyalty, vet collaboration, and market growth in the pet care sector. For instance, in March 2023, according to the American Pet Products Association, a US-based not-for-profit industry association, pet foods and treats saw the highest spending at $58.1 billion, marking a significant 16.2% increase, making it the category with the largest growth. Therefore, the increasing spending on animal health is expected to propel the growth of the mammalian polyclonal immunoglobulin G (IgG) antibody market.
Market Trends –
Major companies operating in the mammalian polyclonal IgG antibody market are developing new therapeutics that contain species-matched isotypes to advance the therapeutics offering and medication solution. Species-matched isotypes are antibody versions engineered to match the studied or treated species. For instance, in March 2022, Absolute Antibody, a UK-based provider of recombinant antibody products and services, launched dog IgG2 (IgG-B) and dog IgG4 (IgG-D) isotype versions for oncology research in dogs or as in vitro serological controls for canine immune responses. These species-matched isotypes induce low anti-species immune responses in animal models, enhancing antibody efficacy and cohort consistency. Canine IgG2 is homologous to human IgG1, while canine IgG4 corresponds to human IgG4.
The mammalian polyclonal immunoglobulin g (IgG) antibody market covered in this report is segmented –
1) By Product: Cardiac Markers, Metabolic Markers, Renal Markers, Other Products
2) By Type: Goat, Rabbit, Horse, Mouse, Other Types
3) By Application: Enzyme Linked Immuno Absorbant Assay (ELISA), Immunoturbidometry, Immunoelectrophoresis, Antibody Identification, Immunohistochemistry, Immunocytochemistry, Western Blotting
4) By End User: Pharmaceutical And Biotechnology Companies, Hospitals, Diagnostic Centers, Academic And Research Centers
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Regional Insights –
North America was the largest region in the mammalian polyclonal immunoglobulin G (IgG) antibody market in 2023. The regions covered in the mammalian polyclonal immunoglobulin g (IgG) antibody market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the mammalian polyclonal immunoglobulin g (IgG) antibody market are Thermo Fisher Scientific Inc., Merck KGaA, PerkinElmer Inc., Bio-Rad Laboratories Inc., GeneTex, GenScript Biotech Corporation, Jackson ImmunoResearch Laboratories, Abcam Inc., R&D Systems, Sino Biological, Fortis Life Sciences, OriGene Technologies, Cell Signaling Technology Inc., Cedarlane Labs, Capralogics Inc, Proteintech Group, ProSci LLC, Santa Cruz Biotechnology Inc., Rockland Immunochemicals Inc., Novus Biologicals LLC, Creative Diagnostics, Fitzgerald Industries International Inc.
Table of Contents
1. Executive Summary
2. Mammalian Polyclonal Immunoglobulin G (IgG) Antibody Market Report Structure
3. Mammalian Polyclonal Immunoglobulin G (IgG) Antibody Market Trends And Strategies
4. Mammalian Polyclonal Immunoglobulin G (IgG) Antibody Market – Macro Economic Scenario
5. Mammalian Polyclonal Immunoglobulin G (IgG) Antibody Market Size And Growth
…..
27. Mammalian Polyclonal Immunoglobulin G (IgG) Antibody Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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