Diagnostic Specialty Antibodies Market to Reach $39.99 Billion by 2029


Posted September 27, 2024 by komal123

Meticulous Research®—a leading global market research company published a research report titled “Diagnostic Specialty Antibodies Market
 
Meticulous Research®—a leading global market research company published a research report titled “Diagnostic Specialty Antibodies Market by Type (Primary, Secondary), Clonality (Monoclonal, Polyclonal), Technique (WB, Rapid Test, IHC, IP), Conjugate, and Application (Dengue, Malaria, Hepatitis, HIV, E. coli , Tuberculosis, Pneumonia, Cancer)- Forecast to 2029”

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According to the latest report from Meticulous Research®, the global diagnostic specialty antibodies market is projected to reach $39.99 billion by 2029, growing at a CAGR of 4.6%. The increasing burden of infectious and chronic diseases worldwide, availability of research funding, rising demand for pregnancy test kits due to higher pregnancy rates, and regulatory approvals for diagnostic test kits are the primary drivers of market growth. Moreover, initiatives from public and private organizations to enhance diagnostic testing and the growing incidence of diseases in emerging countries offer significant growth opportunities.

Diagnostic Specialty Antibodies Market: Future Outlook
The global diagnostic specialty antibodies market is segmented by type (Primary Antibodies, Secondary Antibodies), clonality (Monoclonal, Polyclonal, Recombinant), technique (Western Blot, Lateral Flow Assay, ELISA, Immunohistochemistry, Immunoprecipitation, Immunocytochemistry, Other Techniques), conjugate (Conjugated, Unconjugated), application (Infectious Diseases, Oncology, Pregnancy Detection/Fertility Testing, and Others), and geography. The report also analyzes the competitive landscape, assessing market share at both global and regional levels.

• By Type: In 2022, primary antibodies are expected to hold the largest market share due to their ability to bind effectively to target antigens and their regulatory approval for diagnostic test kits.
• By Clonality: The recombinant antibodies segment is forecasted to witness the highest growth rate during the forecast period, driven by their shorter production time, cost-effectiveness, better affinity, and the elimination of hybridoma-related challenges.
• By Technique: ELISA is anticipated to hold the largest market share in 2022 due to its simplicity, high efficiency, specificity, and sensitivity, making it a cost-effective option compared to other techniques like western blot and immunohistochemistry.
• By Conjugate: The unconjugated antibodies segment is projected to lead the market in 2022, attributed to their flexibility and specificity in diagnostic assays, as well as the introduction of new unconjugated antibody products.
• By Application: Infectious diseases are expected to dominate the market, largely due to the high prevalence of diseases such as dengue, HIV, influenza, tuberculosis, and sepsis, along with growing support from public and private sectors for early disease detection.

Geographic Analysis
The report covers key regions, including North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and the rest of Europe), Asia-Pacific (China, Japan, India, and the rest of Asia-Pacific), Latin America, and the Middle East & Africa. North America is expected to account for the largest share of the diagnostic specialty antibodies market in 2022, with the U.S. being the major contributor. Key drivers include research funding from organizations like the National Cancer Institute (NCI), emergency use authorizations (EUA) for diagnostic test kits by the U.S. FDA, and rising disease incidences such as cancer and COVID-19. The Asia-Pacific region is anticipated to experience the fastest growth during the forecast period.
Key Players
Leading companies in the diagnostic specialty antibodies market include Abcam plc (U.K.), F. Hoffman La Roche Ltd. (Switzerland), Bio-Rad Laboratories, Inc. (U.S.), Creative Diagnostics (U.S.), Merck KGaA (Germany), Agilent Technologies, Inc. (U.S.), Becton, Dickinson and Company (U.S.), Rockland Immunochemicals, Inc. (U.S.), Santa Cruz Biotechnology (U.S.), Novus Biologicals, LLC (U.S.), and Thermo Fisher Scientific Inc. (U.S.).

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Issued By komal
Country India
Categories Health
Last Updated September 27, 2024