Zion Market Research Global Antibody Production Market, 2016–2024 | Page 3

Antibody Production Market
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production-market
Global Antibody Production Market: Growth Factors
The major factors contributing to the growth of antibody production market are the
increasing need for protein curves and the rising widespread presence of infectious disease.
The other factors propelling the growth of the market are the patent cessation of successful
monoclonal antibodies, raised R&D disbursement of biotechnology and pharmaceutical
companies, rising acceptance of targeted immunotherapy and therapeutic antibodies by
governing authorities.
Global Antibody Production Market: Segmentation
The antibody production market may be classified based on end users and process. The
end users segment of the global market can be further divided into research institutes,
diagnostic laboratories, and biotechnology and pharmaceutical companies. The
biotechnology and pharmaceutical companies segment is anticipated to grow the most
owing to the huge digit of drug development processes to meet the decreased industry
timelines, attracting the companies to invest in the developmental and research activities.