Report Code: A14913 | Pages: NA | Mar 2023 | 943 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Antibody Discovery Market
Request Now !Antibody discovery is the process of identifying and discovering new types of antibodies to fight different types of diseases such as HIV, and other types of hereditary diseases. The technology using antibodies to treat diseases has revolutionized the industry of laboratories which seeks out in finding drugs for the treatment of the diseases. The most important method for the treatment of diseases such as inflammation, cancer, and other various diseases is the application of monoclonal antibodies.
Antibody drugs are proven to be the best treatment for a wide range of diseases. Monoclonal antibodies therapies provide a wide range of advantages as compared to traditional therapy such as chemotherapy and radiotherapy. The antibodies are of two types is monoclonal antibodies and polyclonal antibodies. The development of vaccines and drugs to fight the COVID-19 pandemic is an example of this market.
Market Scope and Structure Analysis:
Report Metric | Details |
Market size available for years | 2020-2030 |
Base year considered | 2020 |
Forecast period | 2021-2030 |
Forecast units | Value (USD) |
Segments covered | Method, Nature, Antibody Type, End Users, and Region |
Impact of COVID-19 on Antibody Discovery Market
At the early phase of the COVID-19, there was no availability of specific diagnostic tests to detect the disease in patients. Alternative diagnostic tests were used initially but were not much effective. This unavailability of specific COVID-19 diagnostic tests presented lucrative opportunities for diagnostic manufacturers to introduce their COVID-19 diagnostic kits. Many leading players as well as some start-ups from various countries utilized this opportunity and introduced COVID-19 diagnostics kits into local as well as global markets. These players achieved an edge over other diagnostics players capitalizing on the opportunity from demand for COVID-19 diagnostic tests, which, in turn, helped them in maintaining their revenues in such a crisis. Owing to such factors, COVID 19 is expected to have a significant impact on the antibody discovery market.
COVID-19 is an infectious disease caused by a newly discovered novel coronavirus. Which was not known to us before the outbreak in Wuhan (China) in December 2019. COVID-19 has moved from a regional crisis to a global epidemic in just a few weeks. So, the need for antibodies is a must and this market is not only required right now but also in the future as we do not know what kind of new diseases and viruses will be discovered in the future. The antibody discovery market should also be technologically advanced so that we can counter the undiscovered viruses and develop antibodies before the outbreak.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Market Trends:
Twist Bioscience Corporation collaborated with MOLCURE AI Technology to Augment Therapeutic Antibody Discovery on July 26, 2021. Both the companies (Twist Bioscience Corporation and MOLCURE) have collaborated to discover and find new antibodies.
Paragon Therapeutics announces an antibody discovery joint venture with FairJourney Biologics on July 20, 2021. This joint venture will fuel the pipeline for the best antibody therapies.
Key Benefits of the Report:
Questions Answered in the Antibody Discovery Market Report:
Antibody Discovery Market Report Highlights
Aspects | Details |
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By Methods |
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By Nature |
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By Antibody Type |
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By End Users |
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By Region |
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Key Market Players | Twist Bioscience Corporation,, Croda International Plc.,, BASF SE., Bruker Corporation, Alcami Corporation, Inc., BioDuro-Sundia., PharmaCircle LLC.,, Frontage Laboratories, Inc., Eurofins DiscoverX Products, LLC., Cambrex Corporation, PHARMA’S ALMANAC (That’s Nice LLC). |
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