In a recent published report, Kenneth Research has updated the market report for Research Antibodies Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Research Antibodies Market products.
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The global Research Antibodies Marketwas valued at USD 6.71 billion in 2016 and is projected to reach USD 14.12billion by 2025, growing at a CAGR of 11.3% from 2017 to 2025.
Biotechnology is a huge sector with investment from govt. and private players funding. The research and development department is increasing the number of healthcare projects and antibody based medicinal researches. This makes the antibody market rise in the market value.
1. Market Drivers
1.1 Increasing Research Activity and funds in R&D
1.2 GrowingIndustrial and academic projects and collaborations
1.3 Growing Demand Of Personalized Medicine
2. Market Restraints
2.1 Quality issues regarding Antibodies
2.2 Increased Competition
1. Global Research Antibodies Market, by Technology:
1.1 Western Blotting
1.2 Flow Cytometry
1.3 Enzyme-Linked Immunosorbent Assay (ELISA)
1.7 Other Technologies
2. Global Research Antibodies Market, by End User:
2.1 Pharmaceutical and Biotechnology Companies
2.2 Academic and Research Institutes
2.3 Contract Research Organizations
3. Global Research Antibodies Market, by Product:
3.1.1 Media & Sera
3.1.2 Stains & Dyes
3.1.8 Other Reagents
3.2.1 By Type
126.96.36.199 Primary Antibodies
188.8.131.52 Secondary Antibodies
3.2.2 By Source
184.108.40.206 Other Sources
3.2.3 By Research Area
220.127.116.11 Infectious Diseases
18.104.22.168 Stem Cells
22.214.171.124 Other Research Areas
4. Global Research Antibodies Market, By Application:
4.2 Drug Development
5. Global Research Antibodies Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
The major players in the market are as follows:
1. Thermo Fisher Scientific Inc.
2. Merck Group
3. Abcam PLC
4. Becton, Dickinson and Company
5. Cell Signaling Technology, Inc.
6. Bio-Rad Laboratories, Inc.
7. F. Hoffmann-La Roche Ltd
8. Agilent Technologies, Inc.
9. Danaher Corporation
12. Perkinelmer, Inc.
13. Biolegend, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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