IMARC Group has recently released a new research study “Mammalian Polyclonal IgG Antibody Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of the Mammalian Polyclonal IgG Antibody Industry?
The global mammalian polyclonal IgG antibody market size reached US$ 1,038.2 Million in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 1,415.3 Million by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.
What is a Mammalian Polyclonal IgG Antibody ?
Mammalian polyclonal immunoglobulins (IgG) antibody represents antigens or vaccinations manufactured through inoculation of various mammals, such as rabbits, mice, and goats. During this procedure, an antigen is administered via injectable into the mammal body to activate the B-lymphocytes that supply IgG.
These antibodies are used in labeling reagents in several immunoassay trials, including western blot tests, enzyme-linked immunosorbent assay (ELISA), immunoradiometric assay (IRMA), and radioimmunoassay (RIA). Mammalian polyclonal IgG antibody is commercially available in cardiac, metabolic, and renal marker variants. It assists in creating multiple therapeutics, diagnosing various ailments, and performing identification and flow cytometry.As a result, mammalian polyclonal IgG antibody finds widespread applications in biochemical research to detect denatured proteins and study diseases and their treatments.
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What are the major market drivers in the Mammalian Polyclonal IgG Antibody Market ?
The escalating prevalence of several chronic disorders, such as cancer and autoimmune ailments, and the rising demand for antigens for multiple immunoassay tests and therapeutic and analytical applications in research settings are among the primary factors driving the mammalian polyclonal IgG antibody market. Besides this, the increasing investments in biotechnology and pharmaceutical companies to formulate effective novel vaccinations and injectables through advanced technologies are further augmenting the market growth. Moreover, the continuous innovation of creative mammalian antibodies by biopharma organizations for quality control (QC) is catalyzing the global market. Apart from this, the expanding healthcare infrastructure and the extensive research and development (R&D) activities to enhance antigen efficacy are acting as significant growth-inducing factors.
Furthermore, the elevating requirement for biomarkers by clinicians for accurate and rapid diagnosis of B-cell lymphoma and leukemia is expected to bolster the mammalian polyclonal IgG antibody market in the coming years.
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Type:
- Goat
- Rabbit
- Horse
- Mouse
- Others
Breakup by Product:
- Cardiac Markers
- Metabolic Markers
- Renal Markers
- Others
Breakup by Application:
- ELISA
- Immunoturbidimetry
- Immunoelectrophoresis
- Antibody Identification
- Immunohistochemistry
- Immunocytochemistry
- Western Blotting
Breakup by End Use:
- Hospitals
- Diagnostic Centers
- Academic and Research Institutes
Regional Insights:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
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