Global Research Antibodies And Reagents Market Segments

The global research antibodies and reagents market is expected to grow from $10.35 billion in 2019 to $12.64 billion in 2020 at a compound annual growth rate (CAGR) of 22.08%. The growth is mainly due to the COVID-19 outbreak that has led to an increase in demand for antibodies to treat affected patients. The market is then expected to stabilize and reach $13.19 billion in 2023 at a CAGR of 1.43%. Increasing investment in medical and health research and development (R&D) is predicted to contribute to the growth of the research antibodies and reagents market. However, reproducibility issues of antibodies and reagents is expected to hamper the growth of the market.

The research antibodies and reagents market consists of sales of research antibodies, reagents and related services by entities that produce research antibodies and reagents to diagnose and treat different diseases. The revenue generated by the market includes the sales of research antibodies in the form of primary and secondary antibodies extracted from sources such as mouse, rabbit and others, and reagents like stains & dyes, media & serum, fixatives, buffers, probe, solvents, enzymes and others. The companies involved in the research antibodies and reagents market are primarily engaged in developing antibodies and reagents for the application of proteomics, genomics, drug discovery and development by the pharmaceutical & biotechnology industries, academic & research institutes and contract research organizations.

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The global research antibodies and reagents market is further segmented based on type and geography.
By Technology: Western Blot, Immunofluorescence, Immunohistochemistry, Flow Cytometry, Enzyme-linked Immunosorbent Assay (ELISA), Multiplex Immunosorbent Assay, Immunoprecipitation, Others
By Application: Proteomics, Drug discovery & Development, Genomics
By End-User: Pharmaceutical & Biotechnology Industry, Academic & Research Institutes, Contract Research Organizations (CROs).
By Geography: The global research antibodies and reagents market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Trends In The Research Antibodies And Reagents Market
Technological advancements in the area of purification of antibodies and reagents show opportunities for the growth of the research antibodies and reagents market during the forecast period.
Research Antibodies And Reagents Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides research antibodies and reagents market overviews, analyzes and forecasts research antibodies and reagents market size and growth for the global research antibodies and reagents market, research antibodies and reagents market share, research antibodies and reagents market players, research antibodies and reagents market size, research antibodies and reagents market segments and geographies, research antibodies and reagents market trends, research antibodies and reagents market drivers and research antibodies and reagents market restraints, research antibodies and reagents market’s leading competitors’ revenues, profiles and market shares. The research antibodies and reagents market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.