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What is the Predicted Annual Growth Rate of the Antibody Discovery Market Over the Coming Decade?

In recent times, there has been a substantial expansion of the antibody discovery market size. The progression is projected from $8.96 billion in 2024 to $9.87 billion in 2025, with a compound annual growth rate (CAGR) of 10.2%. Factors such as escalating investments in drug discovery, increased funding for research and development initiatives, and the existence of multiple healthcare research institutes and academic establishments have contributed to the growth experienced in the historical period.

Anticipated to experience quick expansion in the forthcoming years, the antibody discovery market size is projected to reach $14.6 billion in 2029 with a compound annual growth rate (CAGR) of 10.3%. The escalation during the predicted period is ascribed to the rising need for antibody drug discovery services and platforms, increased investments in the development of innovative technologies, burgeoning demand for precision therapeutics, and widening use of antibodies beyond their traditional therapeutic roles. Key trends during the forecast period comprise amplified research and development endeavors, escalating demand for monoclonal antibodies, wider adoption of cutting-edge technologies, burgeoning demand for targeted therapeutics, and the evolution of new antibody formats.

How Are Key Drivers in the Industry Acting as Catalysts for the Growth of the antibody discovery Market?

The surge in demand for precision therapeutics is predicted to boost the expansion of the antibody discovery market. Personalized therapeutics, also termed as precision therapeutics, involve the tailoring of medical treatments and procedures according to the unique characteristics of every patient. The role of antibody discovery in precision therapeutics is significant as it aids the creation of targeted treatments like monoclonal antibodies, which are specifically designed to interact with disease-related cells or molecules, for a more effective and personalized patient treatment. For example, in January 2023, the Personalized Medicine Coalition, a professional membership organization in the US, reported that the Food and Drug Administration’s Center for Drug Evaluation and Research (CDER) approved 37 new molecular entities (NMEs) in 2022 of which nearly 34%, or twelve, have been classified as personalized medicines by the Personalized Medicine Coalition (PMC). Therefore, the escalating requirement for precision therapeutics is anticipated to fuel the growth of the antibody discovery market.

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What Are the Major Players Making an Impact in the Antibody Discovery Market’s Growth?

Major companies operating in the antibody discovery market report are:

• Danaher Corporation_x000D_

• Eurofins Scientific_x000D_

• Sartorius AG_x000D_

• Charles River Laboratories_x000D_

• Bruker Corporation_x000D_

Which Upcoming Trends Are Set to Influence the Antibody Discovery Market’s Path Forward?

Leading corporations in the antibody discovery market are paving the way with cutting-edge innovations like an AI-orientated computational antibody drug discovery platform, aimed at enhancing both productivity and accuracy in antibody development. The platform under development leverages artificial intelligence and complex computing methods to hasten the recognition and refinement of therapeutic antibodies. In a noteworthy example, the Belgium-based SwiftPharma BV, famous for its development of recombinant proteins through a distinct plant-based system, unveiled an AI-supported antibody discovery platform in October 2023. This forward-thinking solution integrates artificial intelligence, large scale data, machine learning, and phage display methodologies to swiftly predict antibody-antigen binding with high-specificity and affinity. Similar to the mechanisms of natural language processing, it produces an array of antibody variants, allowing SwiftPharma to generate inclusive antibody libraries effectively. This progressive system propels the discovery of potential antibody drugs at an unprecedented pace.

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What Are the Key Components of the Antibody Discovery Market, and How Do Its Segments Perform?

The antibody discovery market covered in this report is segmented –

1) By Methods: Phage Display, Hybridoma, Other Methods

2) By Antibody Type: Humanized Antibody, Human Antibody, Chimeric Antibody, Murine Antibody

3) By End Users: Pharmaceutical And Biotechnology Industry, Research Laboratory, Academic Laboratory

Subsegments:

1) By Phage Display: Selection And Screening Techniques, Optimization Methods

2) By Hybridoma: Monoclonal Antibody Production, Screening And Selection Processes

3) By Other Methods: Transgenic Mouse Technology, B-Cell Engineering, Single-Cell Sorting Techniques

What Regions Are Steering Growth in the Antibody Discovery Sector?

North America was the largest region in the antibody discovery market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the antibody discovery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Core Features That Define the Antibody Discovery Market?

Antibody discovery refers to the process of identifying and developing antibodies, which are proteins produced by the immune system to help defend the body against harmful substances, such as bacteria and viruses. Antibodies, also known as immunoglobulins, play a crucial role in the immune response by recognizing and binding to specific molecules called antigens.

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