The Antibody Production Market size was estimated at USD 16.4 billion in 2022 and is expected to reach USD 44.2 billion by 2030 at a CAGR of 13.2% during the forecast period of 2023-2030.
Antibody production refers to the production of cells by the immune system, which is carried out by the B cells. Antibodies are in charge of removing dangers such as bacteria and viruses that infiltrate the body, hence preventing sickness. Therapies, medications, and vaccines are provided to boost antibody production in the body.
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Increased expenditure in monoclonal antibody research and development is predicted to drive market expansion, particularly in cancer treatment, which accounts for about 51% of all mAb R&D initiatives. mAbs' focused approach to cancer treatment has transformed cancer treatment by lowering side effects and improving patient outcomes. Regardless, continuing research and development are required to improve mAb efficacy in cancer treatment.
DRIVERS
Growing chronic disease along with an increasing elderly population
The increased chronic incidence, combined with an aging population, is likely to fuel market expansion during the forecast period. For example, the PAHO estimates that there will be 20.1 million additional cancer cases worldwide. Cancer will increase by around 60.1% over the next two decades, putting significant strain on healthcare systems, individuals, and communities. It is expected that there would be approximately 30.2 million more cancer cases worldwide by 2040. As disease instances increase, the sector will be forced to increase its manufacturing capacity as well as research operations for innovation and advancement. As a result, the aforementioned facts fuel market expansion over the forecast period.
RESTRAIN
Complexity and high cost of production
Purifying antibodies from complex mixtures can be difficult and time-consuming. High purity requirements and the need to remove contaminants might result in labor-intensive and costly processes. Furthermore, due to the necessity for specialized equipment, cell culture conditions, and purification processes, antibody synthesis, particularly for therapeutic applications, can be costly. The price of large-scale manufacture may limit the availability of antibody-based therapeutics. As a result, this is likely to be a significant restraining factor for market growth throughout the forecast period.
OPPORTUNITY
Rising approvals for monoclonal antibodies
The growing FDA approvals of monoclonal antibodies are expected to provide a lucrative opportunity for market expansion over the projection period. For example, the Food and Drug Administration (FDA) authorized EPKINLYTM in May 2023 for the treatment of adult patients with diffuse large B-cell lymphoma. The increased prevalence of many communicable and noncommunicable diseases also forces the FDA and other authorizing agencies and administrative bodies to accelerate the approval of monoclonal antibodies that can be employed for research and development. As a result, the increasing approval of monoclonal antibodies is expected to drive market expansion.
CHALLENGES
Cost erosion of synthesized oligos
The cost erosion of synthesized oligos, as well as the lack of a uniform set of criteria for therapeutic oligos, are projected to limit market growth throughout the projection period.
Cancer research has been hampered by armed conflicts in several low- and middle-income nations. Shortage of safe conditions and surroundings; shortage of employees; changes in the supply chain for devices, pharmaceuticals, and others; and unsuitable meeting conditions, poor communication systems, and networks are a few examples of factors that limit research alternatives. Surprisingly, identical issues as a result of the war are hurting cancer research in both Ukraine and Russia. A recent statement on this war from the American Association for Cancer Research supports the safety and integrity of Ukrainian scientists and physicians and warns of the potential that current research efforts in Ukraine and Russia may be threatened or delayed.
IMPACT OF ONGOING RECESSION
The disruption produced by the COVID-19 pandemic has not only hampered cancer treatment and care, but has also jeopardized cancer research efforts. This is due to non-essential service restrictions, such as the closure of research sites and laboratories, as well as the suspension of routine clinical research activities; the prioritization of frontline COVID-19 care over research by clinicians; and the reallocation of health research resources to research on COVID-19 vaccine and therapeutics. In a Moroccan context, for example, the recruitment of new study patients was halted, while PhD students and administrative staff were largely urged to stay at home. The pandemic is projected to dramatically reduce the number of cancer-specific research, publications, and new treatment trials in the medium and long term.
By Product
Instruments
Bioreactors
Multi-use Bioreactors
Single-use Bioreactors
Chromatography Systems
Filtration systems
Consumables
Media
Buffers and Reagents
Chromatography Resins and Columns
Filtration Consumables and Accessories
Others
Software
In 2022, Consumables segment is expected to held the highest market share of 56.0% during the forecast period. Consumables encompass a wide range of goods utilized in the manufacturing of antibodies, such as reagents, kits, media, buffers, and other materials. As the demand for antibodies for research, diagnostics, and therapies grows, so does the demand for consumables. Furthermore, the growing use of automated systems for antibody production has aided the expansion of the consumables segment.
By Process
Upstream Processing
In 2022, Downstream Processing segment is expected to held the highest market share of 67.2% and is anticipated to expand with the faster CAGR of 13.59% during the forecast period. The procedure is involved in ensuring antibody quality, safety, efficacy, purity, and identification. Furthermore, numerous technology improvements assist the downstream process in maintaining efficiency, thus boosting innovations in bio-manufacturing. Single-use sensors, membrane chromatography technologies, remote monitoring, and data analytics are among the most recent innovations in processing.
By Type
Monoclonal Antibody
Polyclonal Antibody
In 2022, the monoclonal antibody segment is expected to dominate the market growth of 23.5% and expected to have the higher CAGR of 13.6% during the forecast period due to increasing investments in research on monoclonal antibodies as well as the different novel launch of antibody-based pharmaceuticals. For example, Eli Lilly, a US-based pharmaceutical corporation, committed almost USD 1.0 billion in March 2023 for a monoclonal antibody (mAbs) manufacturing unit in Ireland, with the goal of producing novel clinical treatments by 2026.
By End User
Pharmaceutical and Biotechnology Companies
Research Laboratories
CROs and CDMOs
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In 2022, Pharmaceutical and Biotechnology Companies segment is expected to dominate the market growth of 55.1% during the forecast period owing to the expanding types of biopharmaceutical companies in the manufacture of antibodies. Pharmaceutical and biotechnology businesses have been at the forefront of the sector, with many of the market leaders investing considerably in R&D. These companies have access to enormous financial resources as well as cutting-edge technology, allowing them to develop novel solutions that address the changing needs of healthcare practitioners and patients.
North America held a significant market share growing with a CAGR of 38.5% in 2022 due to the existence of important biopharmaceutical and biotechnology businesses in the United States and Canada. Furthermore, increasing investments in medication development and research, as well as healthcare infrastructure, support market expansion throughout the region. Furthermore, biopharmaceutical adoption is increasing in North America, which is fuelling demand for antibody production. Because of their specificity, efficacy, and safety, biopharmaceuticals are becoming increasingly popular, and antibodies are a type of biopharmaceutical that is used to treat a variety of disorders. Furthermore, according to a February 2023 article published by the American Chemical Society, pharmaceutical companies are making significant investments in developing their technology, such as AI technology, which will aid in accelerating the speed of the drug development process, lowering the cost of bringing new drugs to market.
Asia-Pacific is witness to expand fastest CAGR rate of 16.2% during the forecast period owing to the untapped opportunities in this region. Also, the factors such as increasing investment in research and development activities, growing demand for therapeutics and diagnostics, and a rising aging population drive the growth of the market. Moreover, the increasing prevalence of chronic diseases such as cancer, autoimmune disorders, and infectious diseases is driving the demand for antibody-based therapies and diagnostics.
REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are Illumina, Inc., Thermo Fisher Scientific, Inc., Pacific Biosciences of California, Inc., Bio-Rad Laboratories, QIAGEN, Agilent Technologies, PerkinElmer, Inc., ProPhase Labs, Inc. (Nebula Genomics), Novartis, Psomagen, Azenta Inc., and Others.
Thermo Fisher Scientific, Inc., in February 2023, Thermo Fisher Scientific, Inc. established a partnership with Elektrofi to enhance biologics production capabilities for planned clinical trials of therapeutic proteins, monoclonal antibodies, and other large molecule drugs.
Bio-Rad Laboratories, Inc., in December 2022, Bio-Rad Laboratories, Inc. introduced the first antibody discovery platform. This newly launched antibody discovery service is specifically designed to develop best-in-class biologic candidates. This strategy aided the organization in expanding its service offering and customer base.
Novartis, in March 2022, Novartis Pluvicto was approved by the FDA as the first targeted radioligand therapy for the treatment of advanced, PSMA-positive metastatic castration-resistant prostate cancer.
| Report Attributes | Details |
| Market Size in 2022 | US$ 16.4 Billion |
| Market Size by 2030 | US$ 44.2 Billion |
| CAGR | CAGR of 13.2 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Instruments, Consumables, Software) • By Process (Upstream Processing, Downstream Processing) • By Type (Monoclonal Antibody, Polyclonal Antibody) • By End User (Pharmaceutical and Biotechnology Companies, Research Laboratories, CROs and CDMOs) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Illumina, Inc., Thermo Fisher Scientific, Inc., Pacific Biosciences of California, Inc., Bio-Rad Laboratories, QIAGEN, Agilent Technologies, PerkinElmer, Inc., ProPhase Labs, Inc. (Nebula Genomics), Novartis, Psomagen, Azenta US, Inc. |
| Key Drivers | • Growing chronic disease along with an increasing elderly population |
| Market Opportunity | • Rising approvals for monoclonal antibodies |
Ans: The Antibody Production Market is expected to grow at 13.2% CAGR from 2023 to 2030.
Ans: According to our analysis, the Antibody Production Market is anticipated to reach USD 44.2 billion By 2030.
Ans: Antibody Production Market size was valued at USD 16.4 billion in 2022.
Ans: Cost erosion of synthesized oligos.
Ans: Yes, you may request customization based on your company's needs.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Antibody Production Market Segmentation, by Product
8.1 Instruments
8.1.1 Bioreactors
8.1.1.1 Multi-use Bioreactors
8.1.1.2 Single-use Bioreactors
8.1.2 Chromatography Systems
8.1.3 Filtration systems
8.2 Consumables
8.2.1 Media
8.2.2 Buffers and Reagents
8.2.3 Chromatography Resins and Columns
8.2.4 Filtration Consumables and Accessories
8.2.5 Others
8.3 Software
9. Antibody Production Market Segmentation, by Process
9.1 Upstream Processing
9.2 Downstream Processing
10. Antibody Production Market Segmentation, by Type
10.1 Monoclonal Antibody
10.2 Polyclonal Antibody
11. Antibody Production Market Segmentation, by End User
11.1 Pharmaceutical and Biotechnology Companies
11.2 Research Laboratories
11.3 CROs and CDMOs
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Antibody Production Market by Country
12.2.2 North America Antibody Production Market by Product
12.2.3 North America Antibody Production Market by Process
12.2.4 North America Antibody Production Market by Type
12.2.5 North America Antibody Production Market by End User
12.2.6 USA
12.2.6.1 USA Antibody Production Market by Product
12.2.6.2 USA Antibody Production Market by Process
12.2.6.3 USA Antibody Production Market by Type
12.2.6.4 USA Antibody Production Market by End User
12.2.7 Canada
12.2.7.1 Canada Antibody Production Market by Product
12.2.7.2 Canada Antibody Production Market by Process
12.2.7.3 Canada Antibody Production Market by Type
12.2.7.4 Canada Antibody Production Market by End User
12.2.8 Mexico
12.2.8.1 Mexico Antibody Production Market by Product
12.2.8.2 Mexico Antibody Production Market by Process
12.2.8.3 Mexico Antibody Production Market by Type
12.2.8.4 Mexico Antibody Production Market by End User
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Antibody Production Market by Country
12.3.1.2 Eastern Europe Antibody Production Market by Product
12.3.1.3 Eastern Europe Antibody Production Market by Process
12.3.1.4 Eastern Europe Antibody Production Market by Type
12.3.1.5 Eastern Europe Antibody Production Market by End User
12.3.1.6 Poland
12.3.1.6.1 Poland Antibody Production Market by Product
12.3.1.6.2 Poland Antibody Production Market by Process
12.3.1.6.3 Poland Antibody Production Market by Type
12.3.1.6.4 Poland Antibody Production Market by End User
12.3.1.7 Romania
12.3.1.7.1 Romania Antibody Production Market by Product
12.3.1.7.2 Romania Antibody Production Market by Process
12.3.1.7.3 Romania Antibody Production Market by Type
12.3.1.7.4 Romania Antibody Production Market by End User
12.3.1.8 Hungary
12.3.1.8.1 Hungary Antibody Production Market by Product
12.3.1.8.2 Hungary Antibody Production Market by Process
12.3.1.8.3 Hungary Antibody Production Market by Type
12.3.1.8.4 Hungary Antibody Production Market by End User
12.3.1.9 Turkey
12.3.1.9.1 Turkey Antibody Production Market by Product
12.3.1.9.2 Turkey Antibody Production Market by Process
12.3.1.9.3 Turkey Antibody Production Market by Type
12.3.1.9.4 Turkey Antibody Production Market by End User
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Antibody Production Market by Product
12.3.1.10.2 Rest of Eastern Europe Antibody Production Market by Process
12.3.1.10.3 Rest of Eastern Europe Antibody Production Market by Type
12.3.1.10.4 Rest of Eastern Europe Antibody Production Market by End User
12.3.2 Western Europe
12.3.2.1 Western Europe Antibody Production Market by Country
12.3.2.2 Western Europe Antibody Production Market by Product
12.3.2.3 Western Europe Antibody Production Market by Process
12.3.2.4 Western Europe Antibody Production Market by Type
12.3.2.5 Western Europe Antibody Production Market by End User
12.3.2.6 Germany
12.3.2.6.1 Germany Antibody Production Market by Product
12.3.2.6.2 Germany Antibody Production Market by Process
12.3.2.6.3 Germany Antibody Production Market by Type
12.3.2.6.4 Germany Antibody Production Market by End User
12.3.2.7 France
12.3.2.7.1 France Antibody Production Market by Product
12.3.2.7.2 France Antibody Production Market by Process
12.3.2.7.3 France Antibody Production Market by Type
12.3.2.7.4 France Antibody Production Market by End User
12.3.2.8 UK
12.3.2.8.1 UK Antibody Production Market by Product
12.3.2.8.2 UK Antibody Production Market by Process
12.3.2.8.3 UK Antibody Production Market by Type
12.3.2.8.4 UK Antibody Production Market by End User
12.3.2.9 Italy
12.3.2.9.1 Italy Antibody Production Market by Product
12.3.2.9.2 Italy Antibody Production Market by Process
12.3.2.9.3 Italy Antibody Production Market by Type
12.3.2.9.4 Italy Antibody Production Market by End User
12.3.2.10 Spain
12.3.2.10.1 Spain Antibody Production Market by Product
12.3.2.10.2 Spain Antibody Production Market by Process
12.3.2.10.3 Spain Antibody Production Market by Type
12.3.2.10.4 Spain Antibody Production Market by End User
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Antibody Production Market by Product
12.3.2.11.2 Netherlands Antibody Production Market by Process
12.3.2.11.3 Netherlands Antibody Production Market by Type
12.3.2.11.4 Netherlands Antibody Production Market by End User
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Antibody Production Market by Product
12.3.2.12.2 Switzerland Antibody Production Market by Process
12.3.2.12.3 Switzerland Antibody Production Market by Type
12.3.2.12.4 Switzerland Antibody Production Market by End User
12.3.2.13 Austria
12.3.2.13.1 Austria Antibody Production Market by Product
12.3.2.13.2 Austria Antibody Production Market by Process
12.3.2.13.3 Austria Antibody Production Market by Type
12.3.2.13.4 Austria Antibody Production Market by End User
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Antibody Production Market by Product
12.3.2.14.2 Rest of Western Europe Antibody Production Market by Process
12.3.2.14.3 Rest of Western Europe Antibody Production Market by Type
12.3.2.14.4 Rest of Western Europe Antibody Production Market by End User
12.4 Asia-Pacific
12.4.1 Asia Pacific Antibody Production Market by Country
12.4.2 Asia Pacific Antibody Production Market by Product
12.4.3 Asia Pacific Antibody Production Market by Process
12.4.4 Asia Pacific Antibody Production Market by Type
12.4.5 Asia Pacific Antibody Production Market by End User
12.4.6 China
12.4.6.1 China Antibody Production Market by Product
12.4.6.2 China Antibody Production Market by Process
12.4.6.3 China Antibody Production Market by Type
12.4.6.4 China Antibody Production Market by End User
12.4.7 India
12.4.7.1 India Antibody Production Market by Product
12.4.7.2 India Antibody Production Market by Process
12.4.7.3 India Antibody Production Market by Type
12.4.7.4 India Antibody Production Market by End User
12.4.8 Japan
12.4.8.1 Japan Antibody Production Market by Product
12.4.8.2 Japan Antibody Production Market by Process
12.4.8.3 Japan Antibody Production Market by Type
12.4.8.4 Japan Antibody Production Market by End User
12.4.9 South Korea
12.4.9.1 South Korea Antibody Production Market by Product
12.4.9.2 South Korea Antibody Production Market by Process
12.4.9.3 South Korea Antibody Production Market by Type
12.4.9.4 South Korea Antibody Production Market by End User
12.4.10 Vietnam
12.4.10.1 Vietnam Antibody Production Market by Product
12.4.10.2 Vietnam Antibody Production Market by Process
12.4.10.3 Vietnam Antibody Production Market by Type
12.4.10.4 Vietnam Antibody Production Market by End User
12.4.11 Singapore
12.4.11.1 Singapore Antibody Production Market by Product
12.4.11.2 Singapore Antibody Production Market by Process
12.4.11.3 Singapore Antibody Production Market by Type
12.4.11.4 Singapore Antibody Production Market by End User
12.4.12 Australia
12.4.12.1 Australia Antibody Production Market by Product
12.4.12.2 Australia Antibody Production Market by Process
12.4.12.3 Australia Antibody Production Market by Type
12.4.12.4 Australia Antibody Production Market by End User
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Antibody Production Market by Product
12.4.13.2 Rest of Asia-Pacific Antibody Production Market by Process
12.4.13.3 Rest of Asia-Pacific Antibody Production Market by Type
12.4.13.4 Rest of Asia-Pacific Antibody Production Market by End User
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Antibody Production Market by country
12.5.1.2 Middle East Antibody Production Market by Product
12.5.1.3 Middle East Antibody Production Market by Process
12.5.1.4 Middle East Antibody Production Market by Type
12.5.1.5 Middle East Antibody Production Market by End User
12.5.1.6 UAE
12.5.1.6.1 UAE Antibody Production Market by Product
12.5.1.6.2 UAE Antibody Production Market by Process
12.5.1.6.3 UAE Antibody Production Market by Type
12.5.1.6.4 UAE Antibody Production Market by End User
12.5.1.7 Egypt
12.5.1.7.1 Egypt Antibody Production Market by Product
12.5.1.7.2 Egypt Antibody Production Market by Process
12.5.1.7.3 Egypt Antibody Production Market by Type
12.5.1.7.4 Egypt Antibody Production Market by End User
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Antibody Production Market by Product
12.5.1.8.2 Saudi Arabia Antibody Production Market by Process
12.5.1.8.3 Saudi Arabia Antibody Production Market by Type
12.5.1.8.4 Saudi Arabia Antibody Production Market by End User
12.5.1.9 Qatar
12.5.1.9.1 Qatar Antibody Production Market by Product
12.5.1.9.2 Qatar Antibody Production Market by Process
12.5.1.9.3 Qatar Antibody Production Market by Type
12.5.1.9.4 Qatar Antibody Production Market by End User
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Antibody Production Market by Product
12.5.1.10.2 Rest of Middle East Antibody Production Market by Process
12.5.1.10.3 Rest of Middle East Antibody Production Market by Type
12.5.1.10.4 Rest of Middle East Antibody Production Market by End User
12.5.2. Africa
12.5.2.1 Africa Antibody Production Market by country
12.5.2.2 Africa Antibody Production Market by Product
12.5.2.3 Africa Antibody Production Market by Process
12.5.2.4 Africa Antibody Production Market by Type
12.5.2.5 Africa Antibody Production Market by End User
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Antibody Production Market by Product
12.5.2.6.2 Nigeria Antibody Production Market by Process
12.5.2.6.3 Nigeria Antibody Production Market by Type
12.5.2.6.4 Nigeria Antibody Production Market by End User
12.5.2.7 South Africa
12.5.2.7.1 South Africa Antibody Production Market by Product
12.5.2.7.2 South Africa Antibody Production Market by Process
12.5.2.7.3 South Africa Antibody Production Market by Type
12.5.2.7.4 South Africa Antibody Production Market by End User
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Antibody Production Market by Product
12.5.2.8.2 Rest of Africa Antibody Production Market by Process
12.5.2.8.3 Rest of Africa Antibody Production Market by Type
12.5.2.8.4 Rest of Africa Antibody Production Market by End User
12.6. Latin America
12.6.1 Latin America Antibody Production Market by country
12.6.2 Latin America Antibody Production Market by Product
12.6.3 Latin America Antibody Production Market by Process
12.6.4 Latin America Antibody Production Market by Type
12.6.5 Latin America Antibody Production Market by End User
12.6.6 Brazil
12.6.6.1 Brazil Antibody Production Market by Product
12.6.6.2 Brazil Antibody Production Market by Process
12.6.6.3 Brazil Antibody Production Market by Type
12.6.6.4 Brazil Antibody Production Market by End User
12.6.7 Argentina
12.6.7.1 Argentina Antibody Production Market by Product
12.6.7.2 Argentina Antibody Production Market by Process
12.6.7.3 Argentina Antibody Production Market by Type
12.6.7.4 Argentina Antibody Production Market by End User
12.6.8 Colombia
12.6.8.1 Colombia Antibody Production Market by Product
12.6.8.2 Colombia Antibody Production Market by Process
12.6.8.3 Colombia Antibody Production Market by Type
12.6.8.4 Colombia Antibody Production Market by End User
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Antibody Production Market by Product
12.6.9.2 Rest of Latin America Antibody Production Market by Process
12.6.9.3 Rest of Latin America Antibody Production Market by Type
12.6.9.4 Rest of Latin America Antibody Production Market by End User
13. Company Profile
13.1 Illumina, Inc.
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Thermo Fisher Scientific, Inc.
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Pacific Biosciences of California, Inc.
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Bio-Rad Laboratories
13.4 Company Overview
13.4.2 Financials
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 QIAGEN
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Agilent Technologies
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 PerkinElmer, Inc.
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 ProPhase Labs, Inc. (Nebula Genomics)
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Novartis
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Psomagen
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
13.11 Azenta US, Inc.
13.11.1 Company Overview
13.11.2 Financials
13.11.3 Products/ Services Offered
13.11.4 SWOT Analysis
13.11.5 The SNS View
13.12 Others
14. Competitive Landscape
14.1 Competitive Bench marking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. USE Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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