Global Antibody Purification Service Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Physiochemical Fractionation, Class-Specific Affinity, and Antigen-Specific Affinity.

By Application;

Monoclonal Antibodies and Polyclonal Antibodies.

By End Use;

Pharmaceutical & Biotechnology Companies and Research Companies.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn642791757 Published Date: November, 2024 Updated Date: December, 2024

Introduction

Global Antibody Purification Service Market (USD Million), 2020 - 2030

In the year 2023, the Global Antibody Purification Service Market was valued at USD 1,036.58 million. The size of this market is expected to increase to USD 2,020.00 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 10.0%.

The global antibody purification service market plays a pivotal role in the biopharmaceutical industry, catering to the increasing demand for high-quality antibodies used in various therapeutic and diagnostic applications. Antibodies are essential tools in research, diagnostics, and therapeutics, driving the need for efficient purification services to obtain pure and reliable antibody products. This market encompasses a wide array of services, including protein A/G/L chromatography, ion exchange chromatography, and affinity chromatography, among others. These services are crucial for isolating antibodies from complex biological matrices, ensuring their efficacy and safety in downstream applications.

One of the primary drivers propelling the growth of the antibody purification service market is the rising prevalence of chronic and infectious diseases worldwide, necessitating the development of targeted therapies and diagnostic tools. As the demand for monoclonal antibodies (mAbs) continues to escalate, particularly in oncology, autoimmune diseases, and infectious diseases, the need for specialized purification services becomes increasingly pronounced. Moreover, advancements in bioprocessing technologies, such as high-throughput screening and automation, are enhancing the efficiency and scalability of antibody purification processes, further fueling market expansion.

Collaborations between biopharmaceutical companies and contract research organizations (CROs) are becoming more prevalent, driving the outsourcing of antibody purification services. CROs offer specialized expertise, infrastructure, and resources for antibody purification, allowing biopharmaceutical companies to streamline their development pipelines and accelerate time-to-market for novel antibody therapeutics. Furthermore, the growing trend of personalized medicine and targeted drug delivery strategies is spurring the demand for customized antibody purification services tailored to specific therapeutic targets and patient populations.

Challenges such as stringent regulatory requirements, cost constraints, and the complexity of purification processes pose significant hurdles to market growth. Nevertheless, ongoing research efforts aimed at developing novel purification techniques, such as membrane-based chromatography and single-step purification methods, hold promise for addressing these challenges and driving innovation in the global antibody purification service market. Overall, with the increasing adoption of biologics and the expanding application of antibodies in diverse therapeutic areas, the antibody purification service market is poised for robust growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Antibody Purification Service Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand for biopharmaceuticals
        2. Increasing research in immunology
        3. Technological advancements in purification techniques
        4. Growing prevalence of chronic diseases
      2. Restraints
        1. High cost of antibody purification
        2. Stringent regulatory requirements
        3. Limited skilled workforce
        4. Challenges in scalability of processes
      3. Opportunities
        1. Emerging markets in Asia-Pacific
        2. Development of novel purification methods
        3. Collaborations and partnerships for innovation
        4. Increasing investment in healthcare infrastructure
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Antibody Purification Service Market, By Type, 2020 - 2030 (USD Million)
      1. Physiochemical fractionation
      2. Class-specific affinity
      3. Antigen-specific affinity
    2. Global Antibody Purification Service Market, By Application, 2020 - 2030 (USD Million)
      1. Monoclonal antibodies
      2. Polyclonal antibodies
    3. Global Antibody Purification Service Market, By End Use, 2020 - 2030 (USD Million)
      1. Pharmaceutical & biotechnology companies
      2. Research companies
    4. Global Antibody Purification Service Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Thermo Fisher Scientific
      2. Merck KGaA
      3. GE Healthcare
      4. Bio-Rad Laboratories
      5. Abcam
      6. Agilent Technologies
      7. BioLegend
      8. GenScript
      9. Miltenyi Biotec
      10. Pall Corporation
  7. Analyst View
  8. Future Outlook of the Market