With over 100 therapeutic monoclonal antibodies and antibody-based products in the market, the demand for developing and manufacturing of such products is anticipated to increase beyond the capabilities of innovator companies alone
Roots Analysis has announced the addition of the “Antibody Contract Manufacturing Market, 2020-2030” report to its list of offerings.
Although biopharmaceuticals offer significant profit margins and have been proven to be effective in treating a myriad of diseases, they are generally associated with high costs of development and complex manufacturing protocols; this is true for antibody-based products as well. Presently, there are a number of companies that claim to offer end-to-end solutions, ranging from antibody development to commercial production. Further, prevalent trends suggest that sponsor companies are likely to continue relying on contract service providers for various aspects of antibody-based product development and manufacturing.
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Key Market Insights
Over 100 CMOs presently claim to offer manufacturing services for antibodies
The Antibody Contract manufacturing market is currently dominated by the presence of small and mid-sized companies, which represent 70% of the industry stakeholders. It is also worth highlighting that more than 55% of CMOs claim to have the capabilities to manufacture antibodies across all scales of operation (preclinical, clinical and commercial).
More than 90% service providers are focused on the production of monoclonal antibodies
However, players based in Asia are now increasingly focusing on the development of bispecific antibodies for therapeutic use. It worth highlighting that close to 20% of the CMOs engaged in this domain claim to offer manufacturing services for both bispecific antibodies and antibody fragments.
Europe has emerged as a key manufacturing hub for antibody-based products
More than 120 manufacturing facilities have been established by various players, worldwide; of these, 40% are in Europe. Additionally, 40% of the total installed capacity is in Europe, followed by Asia. Some of the prominent regions in Asia include (in decreasing order of number of manufacturing facilities) China, South Korea, India, Japan and Taiwan.
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You may also be interested in the following titles:
1. Bispecific Antibody Therapeutics Market (4th Edition), 2019-2030
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3. Antibody Drug Conjugates Market (5th Edition), 2019-2030
About Roots Analysis
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Research Report Insights (RRI) delivers key insights on the global hand tools market in its latest report titled ‘Hand Tools Market by 2027.’ The long-term outlook on the global hand tools market remains positive, with market value expected to increase at a CAGR of 3.9% by 2027. Among application, the household & DIY segment is expected to expand at a significant CAGR in terms of value over the forecast period. Among product type, the metal cutting tools segment is anticipated to witness higher CAGR in terms of value over the forecast period. Global sales offhand tools is estimated to be valued at US$ 15,642.8 Mn by the end of 2017, witnessing a Y-o-Y growth of 3.9% over the year 2016. North America is estimated to account for a value share of 33.3% in the global hand tools market by 2017 end and it is anticipated to retain its dominance throughout the forecast period.
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Hand Tools has been identified as one of the most profitable and consistently performing industry despite being low profile. Use of hand tools is largely affected by the demographic conditions with majority of consumer’s utilizing hand tools for several DIY (do it yourself) and remodeling activities. On the other hand, in industries use of hand tools has been largely characterized by companies looking for state of art technology to produce high quality products. To respond to the needs of industries, producers are aggressively focusing towards product innovation to satisfy the needs of different customers. One of the several areas of product innovation where companies are primarily focusing is ergonomic design of hand tools to make it more precise and comfortable to operate. Industrial expansion worldwide is primarily driving the demand for hand tools since adoption of hand tools for several maintenance purpose is continuously increasing. Further, emerging demand of hand tools from automotive repair and maintenance industry has also witnessed the growth of high precision hand tools.
However, the global hand tools market is expected to face certain challenges. Consumer shifting preference towards power tools mainly due to fast and easy operating feature is primarily restricting the growth of the market. Moreover, raw material price rise is also identified as the challenge for the companies to maintain price quality ratio of hand tools primarily during shifting trend toward adoption of power tools. The segment is anticipated to account for a market value of more than US$ 9,000 Mn in 2017 and is anticipated to be valued in excess of US$ 12 Bn by 2027 end, expanding at a CAGR of 3.9% during the projected period.
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Segmentation analysis
- On the basis of product type, the general purpose tools segment is anticipated to continue to dominate the market in terms of value over the forecast period
- On the basis of application, the industrial segment is anticipated to dominate the market in terms of value. This segment accounted for 59.9% value share in 2015
- On the basis of sales channel, the online sales segment is expected to be the most attractive in terms of CAGR index. The growth of this segment is due to rising penetration of e-commerce and increasing demand for cross border products among consumers.
- In terms of sales channel, retail segment is expected to dominate the market throughout the forecast period. Mass merchant retailers selling product at price below industry average in order to drive their sales is primarily fuelling the growth of this segment.
Regional analysis
North America and Western Europe are estimated to collectively account for 63.8% value share in the global hand tools market by the end of 2017. The North America hand tools market is expected to remain dominant over the forecast period. Although power tools are continuously replacing hand tools in North America and Western Europe, increasing product innovations and companies aggressive expenditure in R & D is expected to propel the growth of the market. Mexico is expected to hold dominant revenue share in the Latin America hand tools market over the forecast period. This is primarily due to higher per capita consumption of hand tools. Sales of hand tools in APEJ is expected to increase to US$ 3,916.8 Mn by 2027 end from US$ 2,186.0 in 2017.
Report Analysis@https://www.researchreportinsights.com/report/rd/110114717/Cosmetic-Ingredients-Market
Vendor insights
The report highlights and presents the market value share of some of the top companies operating in the global hand tools market such as Stanley Black Decker, Apex Tools Group, Snap-On, Klein Tools, Akbar Tools Ltd., Wera Tools, Channellock, Inc., JK Files (India) Limited and Kennametal Inc.
The Biofertilizers Market Research Report 2019 gives an extensive evaluation of the industry to help the reader gain the upper hand in the competitive landscape by employing optimal tactics and understanding the essential market elements in the Biofertilizers sector.
Through the statistical analysis performed in the report, it is visible that the market will continue to grow at a steady pace in the coming years, alongside the changing market dynamics.This report covers the recent COVID-19 incidence and its impact on Biofertilizers.
To get a Free Sample PDF Brochure of the Biofertilizers Market Research Report, Visit @ https://www.reportsanddata.com/sample-enquiry-form/1774Firstly the report gives the Holistic view of the market evaluated in terms of size, share, market value, production, and regional analysis of the Biofertilizers sector.
Furthermore, the report provides a detailed examination of other aspects including the factors boosting the growth of the market, regulatory policies, technological innovations, good prospects, impact analysis of drivers and restraints, and other factors affecting the demand and supply dynamics of the Biofertilizers market.
These market aspects collectively form part of the overall market analysis performed in the report to forecast estimated values for the same for the forecast period from 2019 to 2026.Leading Players included in the Biofertilizers report are:Biomax, Bodisen Biotech, Inc., Camson Bio Technologies Limited, Italpollina SpA, Lallemand Inc., Novozymes A/S, PotashCorp Agri Life, Protan AG, Stanes & Company Limited, Rizobacters Argentina S.A Biofertilizers Market Basic Segmentation: Market has been divided by Product as:Nitrogen Fixing Bio-FertilizerPhosphate Mobilizing Bio-FertilizerPotassium Mobilizing Bio-FertilizerOthers Market has been divided by Technology Type as:Carrier Enriched BiofertilizersLiquid BiofertilizersOthers Market has been divided by Application as:Seed TreatmentSoil Treatment Get the Discount on the Biofertilizers Report @ https://www.reportsanddata.com/discount-enquiry-form/1774 Additionally, the report categorizes the market into different segments of the Biofertilizers market and breaks down the details into various segments and subsequent for or better understanding.
The detailed analysis included in the study gives a holistic overview of the different aspects affecting the development of the market, as observed in the historical and present market analysis and the projected future of the industry.
This report studies Wireless Gigabit Market with SWOT analysis, Market Share, Restraint analysis, Segmentation, Insights, Growth, Application, Trends, Market driver analysis, Revenue and Competitive analysis in these regions, forecast to 2025. This report focuses on top manufacturers in Global Market
Global Wireless Gigabit (WiGig) Market is anticipated to reach USD 7.42 billion by 2024. Wireless Gigabit (WiGig) is designed to render faster speed for wireless network connections.
The factors that propel the growth of the Wireless Gigabit Market include increase in the demand for bandwidth, saturation of smartphones and use of several devices that are eventually contributing to the overall industry development. On the other hand, there are factors that may hamper the growth of the market including rise in the cost of IPAM.
The Global Lottery report covers a detailed analysis of the Lottery including the various parameters on which the Lottery is analyzed such as the product, applications, regions, competition, and many others.
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The report includes a detailed company profile of the players along with their product portfolio and recent developments in the Lottery.
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
The Global Lottery report further provides a detailed analysis of the Lottery through a SWOT analysis, price analysis, marketing channels, and value chain.
