North America Accounted for the Largest Share of the Global Antibody Production Market

Date: 2015-08-31

“Over the years, the antibody production market has witnessed various technological advancements in order to produce antibodies that meet the needs of biotechnology and biopharmaceutical companies, diagnostic laboratories, and research institutes. These advancements have led to the development of hybridoma-free technologies such as recombinant technology and antibody phage-display technology. Due to the advantages of this technology, such as ease of use and versatility, the hybridoma-free technology is set to replace technologies that use hybridomas and animals in due course.

In 2014, the consumables segment accounted for the largest share of the global antibody production market, by product; the monoclonal antibody segment accounted for the largest share of the antibody production market, by type; the hybridoma technology segment accounted for the largest share of antibody production market, by technology; while the biotechnology and pharmaceutical companies segment accounted for the largest share of the antibody production market, by end user.  

In 2014, North America accounted for the largest share of the global antibody production market, followed by Europe, Asia, and the Rest of the World (RoW). In the coming years, the antibody production market is expected to witness the highest growth rate in the Asian region, with emphasis on India, China, and Japan. These countries are expected to increase revenues of antibody producers and the manufacturers of equipment and consumables involved in antibody production.    

The global antibody production market witnesses high competitive intensity as there are several big and many small firms with similar product offerings. These companies adopt various strategies (agreements, partnerships, joint ventures, collaborations, geographical expansions, and acquisitions) to increase their market shares and to establish a strong foothold in the global market.   

Contact With Us
Join templatemonster at google+
Customized Research
Request Sample