Custom Antibody Services Market Size, Share, By Type (Monoclonal, Polyclonal, Others), By Application (Bioscience Companies, Bioscience Research Institutions, and Hospitals), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI39319 | Publish Date: March 2024 | No. of Pages: 182

Global Custom Antibody Services Market Overview

Custom Antibody Services Market Size was valued at USD 1.5 Billion in 2024 and is expected to reach USD 3.5.5 Billion by 2034 growing at a CAGR of 9.6%

The custom antibodies are used for more selective antibody treatment which is personalized for different groups of people. They are more specific than the traditional antibodies. The antibodies are generally built inside the bodies to fight the foreign bodies entering the body. The custom bodies are preferred more because they have a more individualistic approach than the traditional antibodies. The increasing research in the field of antibodies through the use of molecular microbiology is boosting the innovations in the field of custom antibodies. Various government, private and public investors are extensively investing in the development of custom antibodies inventions and productions. This report provides an all-inclusive environment for the analysis of the Custom Antibody Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the Custom Antibody Market growth. Along with the market overview, which comprises the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely buyers’ bargaining power, suppliers’ bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the Custom Antibody Market. It explains the various participants, such as system integrators, intermediaries, and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Custom Antibody Market.

Global Custom Antibody Services Market Dynamics

Key Drivers of Target Market:

Rising Demand for Personalized Medicine:

  • The escalating demand for personalized medicine is like giving the Global Custom Antibody Services Market a big old' turbo boost, because everyone wants meds that are tailored to their own special DNA. It's like having a treatment that's a perfect fit for your body, like your favorite pair of jeans but way more important. This is going to make meds work better and with fewer side effects, which is obviously a win-win for everyone. Now, these custom antibodies are like the VIP guests at the party of your health. They're super important for spotting those sneaky biomarkers that tell us what is going on inside your body, which helps us creates some really cool targeted tests and treatments. It's like having a detective molecule on the case to figure out what's wrong and how to fix it just for you. And get this, the big cheese at the National Institutes of Health (NIH) are throwing money at this like it's going out of style. They've been increasing their investment by over 30% in the past five years! It's like a financial party for personalized medicine, and everyone wants in on the action. This means cooler stuff being made and more people getting better, which is basically the best news ever for science and health.

Rising Prevalence of Chronic Diseases:

  • The growth in biotech and pharma companies doing cool science stuff is making more people want custom antibodies. These are like the VIP guests that help find new drugs and understand how things work in our bodies better. They're pretty important for all those nerdy experiments scientists do. Universities and research groups are always on the hunt for custom-made antibodies, you know, those tiny superheroes that help them in their cool science projects. They're totally into using these little guys to get a better grip on how living things work and to unravel the mysteries behind diseases.

Restrains:

High Costs and Technical Challenges in Antibody Production:

  • Despite the cool growth happening, the market's got some issues with the price and techy stuff that comes with making custom antibodies, like those fancy monoclonal ones. Creating these bad boys isn't easy—you need some high-end gear and people who really know their stuff. And because of that, it ends up costing a pretty penny. This can really put a damper on things for those smaller labs and college folks who don't have big bucks to throw around. They want to use these custom antibodies in their work, but their wallets just can't handle it.

Opportunities:

Advances in Antibody Engineering and Technologies:

  • The Advances in tech that help us make antibodies better and faster are like a super cool thing happening in the world of custom antibody services. This has totally opened up new possibilities and made the whole scene more interesting. Stuff like playing around with phage display, growing single B cells, and mixing up genetic material in new ways have made it so much easier to whip up antibodies that are super picky about what they stick to and really good at sticking to it. Before, it was like trying to grab a tiny, slippery fish with your bare hands.

Global Custom Antibody Services Market Segmentation

The market is segmented based on Type, Application, Region.

Type Insights:

  • Monoclonal: this type of antibodies is identical as they are derived from a single clone of cells targets a specific epitope. Due to their specificity, it is widely used in diagnostics, therapeutics, and research. Mostly used for treating cancer, autoimmune disease, and as diagnostic tool.
  • Polyclonal: these types of antibodies are derived from different cell lines as they can recognize (identify) multiple epitopes on same antigen.it is most commonly used in research and as secondary antibodies due to their ability to identify multiple epitopes. These antibodies are produced by immunizing animals such as rabbits’ goats.
  • Others: there are recombinant antibodies produced using recombinant DNA technology provide specificity and consistency.

Application Insights:

  • Bioscience Companies: Companies can totally cash in on the hot new thing in medicine, which is all about making treatments just for you. Imagine, like a bespoke suit, but for your health! These customized antibody solutions are where it's at. If they buddy up with brainy folks from universities and those cool research groups, they can whip up some really neat stuff even faster. It's like a science party that speeds up the whole process and makes everyone's health dreams come true.
  • Bioscience Research Institutions: Institutions can totally get a leg up from newfangled antibody-making tech. It makes their research a lot more spot-on and reliable. And if they keep an eye on the latest and greatest in fields like fighting cancer, brain stuff, and those pesky infections we all hate, they'll find even more folks eager to use their work.
  • Hospitals: Hospitals can totally use custom antibodies to spot diseases early on and figure out if treatments are working. By teaming up with bioscience buddies and brainiacs from research places, they can help folks get better faster with tailored care that's just right for them.

Regional Insights

  • North America: The North American custom antibody services Market is propelled by Integration of advanced automation technologies, favorable policies, Rising Environmental Concerns. The United States and Canada are the leaders in adoption, focusing on the application of ESS in Refining, and mining.
  • Asia Pacific: The Asia Pacific area is poised for solid expansion in the custom antibody services Market, Rising Demand for Personalized Medicine, rapid urbanization, and Rising Prevalence of Chronic Diseases. Government measures to modernize Antibody services and increase dependability are critical.
  • Europe: Europe is on track to become the world’s largest custom antibody services Market, the region's strong, smart grid infrastructure and supportive legislative framework, allow for rapid custom antibody services market implementation.
  • Latin America: The custom antibody services Market in Latin America is predicted to rise gradually, driven Rising Demand for Personalized Medicine, rapid urbanization, and Rising Prevalence of Chronic Diseases. The region aims to improve grid stability, and increase efficiency of the Antibodies.
  • Middle East and Africa: This region is seeing increased interest in Custom Antibody Services Systems, particularly in countries with high resources   and good medical equipment’s. Custom antibody services systems are viewed as a solution for managing peak demand in fast-developing Antibodies.

Custom Antibody Services Market Report Scope:

Attribute

Details

Market Size 2024

USD 1.5 Billion 

Projected Market Size 2034

USD 3.5 Billion

CAGR Growth Rate

9.6%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type – Monoclonal, Polyclonal, Others

By Application- Bioscience companies, Bioscience Research Institutions, and Hospitals

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Type, Application, and Region.

By Type:

  • Monoclonal
  • Polyclonal
  • Others

By Application:

  • Bioscience companies
  • Bioscience institutions
  • Hospitals

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Custom Antibody Services Market Key Players

The key players operating the Custom Antibody Services Market include ThermoFisher, GenScript, Abcam, MBS, ROCKLAND, ProSci, Biocompare, Bio-Rad, Covance, Capra Science, Innovagen, LIFE SCIENCE GROUP, Randox, GL Biochem, and Abgent.

Global Custom Antibody Services Market Key Issues Addressed

  • In October 2023, Bio-Rad Laboratories Inc. made waves with the introduction of its groundbreaking Precision Ab platform. Leveraging cutting-edge machine learning capabilities, this platform revolutionizes the design and optimization of custom antibodies, promising quicker turnaround times and superior antibody quality compared to traditional methodologies.
  • In October 2023, Bio-Rad Laboratories Inc. made waves with the introduction of its groundbreaking Precision Ab platform. Leveraging cutting-edge machine learning capabilities, this platform revolutionizes the design and optimization of custom antibodies, promising quicker turnaround times and superior antibody quality compared to traditional methodologies.

Global Custom Antibody Services Market Company Profile

  • ThermoFisher*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies.
  • GenScript
  • Abcam
  • MBS
  • ROCKLAND
  • ProSci
  • Biocompare
  • Bio-Rad
  • Covance
  • Capra Science
  • Innovagen
  • LIFE SCIENCE GROUP
  • Randox
  • GL Biochem
  • Abgent.

“*” marked represents similar segmentation in other categories in the respective section.

Global Custom Antibody Services Market Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, Type, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Monoclonal
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Polyclonal
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Application, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Bioscience companies
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Bioscience institutions
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Hospitals
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), Application, Forecast Period up to 10 Years
    • 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada
  • Asia Pacific
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Europe
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • UK
      • Germany
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Latin America
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East and Africa

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • ThermoFisher
  • GenScript
  • Abcam
  • MBS
  • ROCKLAND
  •  ProSci
  • Biocompare
  • Bio-Rad
  • Covance
  • Capra Science
  • Innovagen
  • LIFE SCIENCE GROUP
  • Randox
  • GL Biochem
  • Abgent

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Custom Antibody Services Market Size was valued at USD 1.5 Billion in 2024 and is expected to reach USD 3.5 Billion by 2034 growing at a CAGR of 9.6%

Custom Antibody Services Market is segmented into Type, Application, and Region.

Factors driving the market include Rising Demand for Personalized Medicine, rapid urbanization, and Rising Prevalence of Chronic Diseases.

Custom Antibody Services Market’s restraints include High Costs and Technical Challenges in Antibody Production.

The Custom Antibody Services Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Custom Antibody Services Market include ThermoFisher, GenScript, Abcam, MBS, ROCKLAND, ProSci, Biocompare, Bio-Rad, Covance, Capra Science, Innovagen, LIFE SCIENCE GROUP, Randox, GL Biochem, and Abgent.