The report "Antigen & Antibodies Market by Product (Antigens, ABs), Technique (ELISA, CLIA, IHS, IFA), Application (Diagnosis, Drug Discovery, Research), Healthcare Provider Facilities (ASCs & Clinics, Labs, Biotech& Pharma Companies) - Global Forecast to 2027", size is projected to reach USD xx million by 2027 from USD xx million in 2022, at a CAGR of xx% during the forecast period.
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Market is driven by factors such as improving research on the vaccine development, drug discovery, proteomics and genomics. On the other hand, the uncertain government regulations and the quality concerns related to the antibodies and antigens are expected to limit market growth to a certain extent in the coming years.
“The antibodies segment accounted for the largest market share in the Antigen & Antibodies market, type, during the forecast period”
The Antigen and Antibodies Market is segmented into antigen and antibodies. In 2021, antibodies segment dominated the market with the largest owing to the high demand of antibodies in the clinical research and diagnosis.
“ELISA segment accounted for the largest market share”
Based on the technique, the Antigen and Antibodies Market is segmented into CLIA, ELISA, IHS, IFA, Rapid Test and Others. The ELISA segment held the dominating share in 2021, owing to its widescale application in the area of disease diagnosis, and clinical research. The high efficacy and precision of diagnosis of ELISA makes it suitable for variety of disease diagnosis.
“APAC region accounted for the highest CAGR”
The global Antigen and Antibodies market is divided into five regions: North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa. According to the regional analysis, the North America region is expected to retain a significant market share in 2021 and in the coming years. The North America Antigen and Antibodies market is being fueled by the increase in the cases of infections and chronic diseases, an increase in the geriatric population, and government initiatives to further strengthen and advance the healthcare and research infrastructure. Asia Pacific, on the other hand, will experience significant growth in the coming years due to the emerging medical infrastructure. The major players operating in this market are Bio-Rad Laboratories, Inc. (US), The Native Antigen Company (UK), Microbix Biosystems Inc. (Canada), Creative Diagnostics (US), and Hytest (Finland)
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