(Health-NewsWire.Net, March 21, 2017 ) According to the report Global Antibodies Market, published by Market Data Forecast, the global market projected to reach USD 161.897 billion by 2021, at a CGSR of 11.20% from 2016 to 2021.
For full report refer to http://www.marketdataforecast.com/market-reports/global-antibodies-market-1177/
Antibodies are proteins that are produced in response to specific antigens by plasma cells. They are also called as immunoglobulin. These antibodies are used as diagnostics as well as Therapeutic purposes for several indications of diseases, including but not limited to, rheumatoid arthritis, psoriasis, Crohns disease, non-Hodgkin lymphoma, macular degeneration, hypercholesterolemia, and asthma. Owing to a number of product launches, antibodies market is projected to experience steady growth. Effective harmonization of product approval, development and registration guidelines in some of the major markets, such as United States and European Union can speed up the research and development of antibody related products.
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Major factors that are primarily driving the Global antibodies market are rise in chronic illnesses owing to population shift and increasing longevity, increased adoption rate to therapeutic antibodies in cost-sensitive markets, continuous development of innovative products, swift approval by regulatory authorities for breakthrough therapies, and adoption of diagnostic antibodies. Companies are adapting to various strategies, like expansion of products indications to sustain the dynamically rising market. High cost of treatment and side effects associated with antibodies treatment can restrain the growth of global antibodies market.
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The Global Antibodies Market is segmented as following:
Based on Product Type: Monoclonal Antibodies Murine Chimeric Humanized Human Polyclonal Antibodies Type I Type II Type III Type IV Type V Type VI Type VII Type VIII Antibody-Drug Complexes Immunogen Technology Seattle Genetics Technology Immunomedics Technology Based on Indication: Cancer Autoimmune Diseases Infectious Diseases Cardiovascular Diseases CNS Disorders Others (Inflammatory, Microbial Diseases, & Other) Based on End User: Hospitals/Clinics Research Institute Diagnostic Laboratories Based on Application: Medical Experimental Western Blot ELISA Radioimmune Assays Immunofluorescence Other (Immunohistochemistry, Immunoprecipitation, & Immunocytochemistry) Geographical Segmentation: North America Antibodies Market Europe Antibodies Market Asia-pacific Antibodies Market Latin America Antibodies Market Middle East and Africa Antibodies Market
The key players in Global Antibodies Market are Abbott Diagnostics, Novartis AG, Pfizer Inc., ThermoFisher Scientific Inc., F. Hoffmann-La Roche Ltd., Eli Lilly and company, A.G. Scientific, Inc., Bristol-Myers Squibb, AbbVie Inc.
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The Global Antibodies Market study offers the following deliverables: Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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