The global Research Antibodies Market size is expected to reach USD 4.30 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.1% during the forecast period. The market is predominantly driven by growing number of R&D collaborations among various public and private organizations to promote technical advancements in product development activities and disease progression studies. Consistent recommendations and guidelines issued by regulatory organizations for laboratories to facilitate generation of accurate results and ensure high-quality standards are slated to enhance adoption of research antibodies over the coming years. For instance, in May 2016, the International Society for Stem Cell Research issued revised guidelines for cell-based therapies. The revised guidelines were issued with a focus to improve overall efficiency and quality of preclinical studies.
In addition, prominent market players are entering into partnership with R&D entities that are anticipated to open new avenues. In December 2016, Bayer AG and Versant Ventures collaborated to invest around USD 225.0 million for the establishment of a stem cell research facility in Canada to encourage commercialization of regenerative medicine therapies. Increasing prevalence of breast cancer and soaring need for personalized medicine is stirring up the demand for advanced techniques, which in turn is creating ample growth opportunities for the research antibodies market.
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Further key findings from the study suggest:
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Grand View Research has segmented the global research antibodies market on the basis of product, type, technology, source, application, end-use, and region:
Research Antibodies Product Outlook (Revenue, USD Million, 2014 – 2025)
Research Antibodies Type Outlook (Revenue, USD Million, 2014 – 2025)
Research Antibodies Technology Outlook (Revenue, USD Million, 2014 – 2025)
Research Antibodies Source Outlook (Revenue, USD Million, 2014 – 2025)
Research Antibodies Application Outlook (Revenue, USD Million, 2014 – 2025)
Research Antibodies End-use Outlook (Revenue, USD Million, 2014 – 2025)
Research Antibodies Regional Outlook (Revenue, USD Million, 2014 – 2025)
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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