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High target specificity and favorable safety profiles offered by antibody based pharmacological interventions has created a high demand for such molecules; the domain has witnessed an increased inflow of investments and collaboration opportunities.
Roots Analysis has announced the addition of “Antibody Discovery: Services and Platforms Market (3rd Edition), 2020-2030” report to its list of offerings.
The development of such biologics is inherently complex, and many drug developers are now seeking to optimize R&D efficiency and affiliated costs. As a result, innovator companies are outsourcing most of their discovery-stage operations to specialty contract research organizations (CROs), which offer a plethora of advanced technologies to cater to the evolving needs. It is also worth highlighting that stakeholders engaged in this domain are actively undertaking initiatives to develop interventions for SARS-CoV-2 virus.
To order this 450+ page report, which features 120+ figures and 140+ tables, please visit this – https://www.rootsanalysis.com/reports/view_document/antibody-discovery-services-and-platforms/213.html
Key Market Insights
Presently, more than 80 players claim to offer services for antibody discovery
Over 90% of the aforementioned players provide services for hit generation, followed by those offering services for antibody humanization (58%). It is worth mentioning that five service providers claim to have the required expertise to serve as one-stop-shops for all the antibody discovery steps.
More than 120 companies offer antibody discovery platforms
It is worth highlighting that close to 180 technologies focused on antibody discovery are presently available in the market. Further, nearly 50% platforms use library-based methods to discover antibodies. Amongst these, phage display is currently the most widely used technique. This is followed by single cell-based methods (20%).
Partnership activity within this domain has grown at a CAGR of 18%, between 2015 and 2020
In the last five years, more than 400 agreements were inked related to antibody discovery, with the maximum activity being reported in 2018. Majority of partnership deals signed within this domain were licensing agreements (25%), product development and commercialization agreements (24%), and R&D agreements (18%).
Nearly USD 7 billion has been invested in the antibody discovery domain, during 2016-2020
The aforementioned amount was raised across more than 140 funding instances. It is important to mention that, in 2019-2020, over USD 2 billion was raised by antibody discovery service and platform providers across close to 40 instances. Majority of the funding in this year was acquired through venture capital rounds (42%), grants (20%), and instances of initial public offering (10%).
The antibody discovery services market is anticipated to be worth over USD 6 billion by 2030
Majority of the market opportunity (60%) is expected to be generated from antibody services offered through phage display and hybridoma based methods, followed by those using transgenic animal based methods; this trend is unlikely to change in the foreseen future as well.
The licensing market opportunity for antibody discovery platforms is anticipated to grow at a CAGR of close to 10%, during 2020-2030
By 2030, North America is estimated to capture over 50% (in terms of revenues generated) share of the antibody discovery platforms market. It is worth mentioning that the market for antibody discovery platforms in Asia-pacific is anticipated to grow at a relatively faster pace, during the forecast period.
To request a sample copy / brochure of this report, please visit this –https://www.rootsanalysis.com/reports/213/request-sample.html
Key Questions Answered
The USD 6.5 billion (by 2030) financial opportunity within the antibody discovery services market has been analyzed across the following segments:
The USD 5.9 billion (by 2030) financial opportunity within the antibody discovery platforms market has been analysed across the following segments:
The report features inputs from eminent industry stakeholders, according to whom, in the foreseen future, competition within antibody discovery services and platforms is expected to grow significantly, resulting in an increase in the overall market value. The report includes detailed transcripts of discussions held with the following experts:
The research includes detailed profiles of key players (listed below); each profile features an overview of the company, its financial information (if available), a description of the platform(s) / service(s) offered, details of recent developments related to antibody discovery and an informed future outlook.
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