Mammalian Polyclonal IgG Antibody Market Worth $1.67 Billion By 2030

 

The global Mammalian Polyclonal Igg Antibody Market size is expected to reach USD 1.67 billion by 2030, registering a CAGR of 5.01% of the overall revenue, according to a new report by Grand View Research, Inc. The industry has witnessed significant growth owing to the development of innovative drugs and increasing government initiatives. Pharma and biotech companies are indulging in rigorous research and development since the antibody-drug conjugate is considered to be the fastest-growing field of the pharmaceutical market.In October 2022, SAB Biotherapeutics announced an exclusive partnership with Emergent BioSolutions Inc. According to the agreement, Emergent BioSolutions is expected to offer end-to-end services of Contract Development and Manufacturing (CDMO) to produce polyclonal antibody-based products.

The partnership will enable SAB Biotherapeutics to primarily focus on the research and development of the polyclonal antibody drug pipeline. As of October 2022, the company is conducting various clinical-stage programs in the treatment of influenza, acute and recurrent C. diff., Type 1 diabetes and researching potential candidates in oncology and immunology. The COVID-19 pandemic surged the use of polyclonal antibodies across the globe. For instance, in July 2022, GigaGen Inc. announced the publication of research showcasing its studies of GIGA-2050, recombinant polyclonal antibodies for COVID-19. According to the research, the GIGA-2050 has an effective manufacturing approach to treating infectious diseases by targeting numerous viral epitopes.

The company has leveraged its existing technology to develop medicines for infectious diseases. Key companies are continuously expanding their product and service portfolios to accelerate the development and manufacturing of the product. For instance, in October 2022, Amerigo Scientific, a distributor, introduced its recent development of polyclonal antibodies to human blood coagulation factor XIII to assist professionals in the area of life science for detecting blood coagulation factor XIII. However, the product is solely for research purposes and not for therapeutic or diagnostics. The development of this product is expected to strengthen the company’s position in biomedical research applications.

Related Press Release@ Mammalian Polyclonal IgG Antibody Market Report

Mammalian Polyclonal IgG Antibody Market Report Highlights

• Based ontypes, the mouse segment is expected to register the fastest CAGR during the forecast period. The growth is attributed to the similar characteristic of its immune system as humans, resulting in low variation of the outcome during the trials
• Basedon products, the metabolic biomarkers segment captured the largest share in 2022 due to the high incidence of chronic diseases
• The ELISA applicationsegment is estimated to hold the largest share by2030. As it offers more accurate diagnoses of diseases, such as AIDS, Lyme disease, Rocky Mountain spotted fever, chickenpox, squamous cell carcinoma, syphilis, shingles, and other infections, than other antibody-based assays.
• The pharma & biotech companies end-user segment held the highest share in 2022and is likely to remain dominant over the forecast period
• Companies are focusing on the adoption of smarter, novel, and advanced approaches for the development of new diagnostic tests & drugs
• North America dominated the industry in 2022 due to the presence of prominent players, advanced healthcare infrastructure, and high healthcare expenditure
• Asia Pacific is expected to register the fastest CAGR over the forecast period due to untapped opportunities, rising healthcare expenditure, and the growing regional presence of major global players

Mammalian Polyclonal IgG Antibody Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 1.18 billion
Revenue forecast in 2030	USD 1.67 billion
Growth rate	CAGR of 5.01% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 - 2021
Forecast period	2023 - 2030

 

 

 

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Mammalian Polyclonal IgG Antibody Market Segmentation

Grand View Research has segmented the global mammalian polyclonal IgG antibody market on the basis of type, product, application, end-user, and region:

Mammalian Polyclonal IgG Antibody Type Outlook (Revenue, USD Million, 2018 - 2030)

• Goat
• Rabbit
• Horse
• Mouse
• Others

Mammalian Polyclonal IgG Antibody Product Outlook (Revenue, USD Million, 2018 - 2030)

• Cardiac Biomarkers
• Metabolic Biomarkers
• Renal Markers
• Others

Mammalian Polyclonal IgG Antibody Application Outlook (Revenue, USD Million, 2018 - 2030)

• ELISA
• Immunoturbidometry
• Immunoelectrophoresis
• Antibody Identification
• Immunohistochemistry
• Immunocytochemistry
• Western Blotting

Mammalian Polyclonal IgG Antibody End-user Outlook (Revenue, USD Million, 2018 - 2030)

• Pharmaceutical & Biotechnology Companies
• Hospitals
• Diagnostic Centers
• Academic & Research Centers

Mammalian Polyclonal IgG Antibody Regional Scope Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Denmark
• Sweden
• Norway
• Asia Pacific
• Japan
• China
• India
• South Korea
• Australia
• Thailand
• Latin America
• Brazil
• Mexico
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Kuwait

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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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