The “Antibody Fragments Market” 2023-2031 Research Report affords qualitative and quantitative insights into the principal drivers, constraints, opportunities, and challenges influencing world markets growth. The find out about offers complete statistical market records on the leading players, as nicely as income predictions. This market lookup additionally presents statistics on the income boom of numerous regional and country-level markets, as properly as the opposition panorama and unique organization analyses for the projected period. The Antibody Fragments Market Report covers potential improvement drivers as properly as the modern-day kingdom of market share, penetration of a number of kinds, technologies, applications, and areas thru 2031.
The global antibody fragments market size was US$ 7.1 billion in 2021. The global antibody fragments market is expected to grow to US$ 10.9 billion by 2030 and is expected to grow at a CAGR of 5.8% during the forecast period from 2022 to 2030.
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Factors Influencing the Market
The pharmaceutical industry is growing at a rapid pace due to the rising prevalence of immunodeficiency. Therefore, the demand for the disease treatment will grow, which will present potential prospects for market growth during the analysis period. The antibody fragments are smaller in size and are more specific, stable, and potent. Additionally, the rising number of cancer cases will also upsurge the demand for antibody fragments in the coming years. full-length antibodies. The use of antibody-based therapeutics has shown promising results in the treatment of cancer. The American Cancer Society report as of 2022 stated that around 1.9 million new cases of cancer were discovered in the U.S., which are expected to result in 609,360 deaths.
However, the partial penetration of the antibody-drug conjugate in the tumor may limit the growth of the market during the analysis period.
Regional Analysis
North America is expected to hold the largest market for antibody fragments, owing to the presence of a large number of regional players, such as Pfizer Inc., Genentech, Inc., etc. Additionally, the growing demand for advanced technology and healthcare infrastructural improvement will all contribute to the growth of the market during the analysis period.
The Asia-Pacific antibody fragments market is expected to grow at the fastest growth rate owing to the rising geriatric population, growing knowledge about medical tourism among people, and research and development in emerging economies like India and China. Therefore, all of these factors will contribute to the growth of the antibody fragments market during the analysis period.
COVID-19 Impact Analysis
The COVID-19 pandemic positively influenced the antibody fragments market as various studies found that antibody fragments can neutralize the effect of the COVID-19 virus. various studies. For instance, the researchers from Karolinska Institute in Sweden published a study in 2020 stating that antibody fragments can efficiently neutralize the effect of COVID-19 virus. Additionally, a research article published in Feb 2022 derived that inhalable antibody fragments can potentially neutralize SARS-CoV-2 variants for COVID-19 therapy.
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Competitors in the Market
The prominent industry players profiled in the report are
Pfizer Inc.
Ablynx
Novartis AG
Genentech, Inc.
AbbVie Inc.
Bristol-Myers Squibb Company
Johnson & Johnson Private Limited
Eli Lilly
F. Hoffmann-La Roche AG
Amgen Inc.
The Takeda Pharmaceutical Company Limited
Sanofi S.A.
Biogen Inc.
Other Prominent Players
Market Segmentation
The global antibody fragments market segmentation focuses on Specificity, Type, Therapy, Application, and Region.
By Specificity
Monoclonal Antibodies
Polyclonal Antibodies
By Type
FAB
scFv
sdAb
Others
By Therapy
Monoclonal Antibodies
PAB
Pipeline
By Application
Cancer
Immunodeficiency
Others
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By Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Key questions answered in the global market report are:
— How does a global company acquire markets?
— What are its core strategies and policies?
— What factors will influence the chemical market over the forecast period?
— What are the factors driving and restraining the market?
— What are the leading competitors in the global market?
— Which region is growing at a higher pace in the global market?
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