Growth Drivers
Over 80 distinct autoimmune illnesses afflict over 3% of the world's population, the most prevalent of which are type 1 diabetes, rheumatoid arthritis, multiple sclerosis, lupus, psoriasis, Crohn's disease, and scleroderma. A person with an autoimmune disease is expected to have a weak immune system that has difficulty distinguishing between harmful antigens and healthy tissue. Due to this, the body starts a reaction that kills healthy tissues. Here, antibodies play a crucial role in building a strong immune system. Therefore, there has been growing research on antibodies, further boosting market growth.
In addition to cardiovascular disorders, cancer is one of the main causes of death in the world. Over the past few decades, significant advancements have been made in the areas of early detection, efficient treatment, and follow-up, providing oncologists with strong tools in the fight against cancer. To lower mortality, improve patient quality of life, and extend patients' lives without developing an illness, additional research is necessary. Moreover, some autoantibodies have been demonstrated to be useful for early identification and cancer staging, as well as monitoring tumor regression throughout treatment and follow-up. However, in order to find more benefits, antibody validation is growing.
Western blot, ELISA, flow cytometry, and IHC are examples of common antibody validation techniques. These tried-and-true techniques are convenient for most researchers. The manufacturer or the researcher must validate the antibody for each application, which could make the validation procedure time-consuming. Hence, some researchers are working on new strategies along with old techniques. Genetic techniques, separate antibody tactics, and tagged protein expression are instances of these strategies.
Challenges
Limited Life Span of Host Animal
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
13.7% |
Base Year Market Size (2023) |
USD 341.1 Billion |
Forecast Year Market Size (2036) |
USD 1.81 Trillion |
Regional Scope |
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Author Credits: Radhika Pawar
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