Global Antibody and Recombinant Protein CDMO Market Size, Share, and COVID-19 Impact Analysis, By Type (Antibody CDMO and Recombinant Protein CDMO), By Application (Pharmaceutical Company, Biotechnology Company, and Generic Company), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: HealthcareGlobal Antibody and Recombinant Protein CDMO Market Insights Forecasts to 2033
- The Global Antibody and Recombinant Protein CDMO Market Size was Valued at USD 16.4 Billion in 2023
- The Market Size is Growing at a CAGR of 10.79% from 2023 to 2033
- The Worldwide Antibody and Recombinant Protein CDMO Size is Expected to Reach USD 45.7 Billion by 2033
- Asia-Pacific is Expected to Grow the fastest during the forecast period.
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The Global Antibody and Recombinant Protein CDMO Market Size is Anticipated to Exceed USD 45.7 Billion by 2033, Growing at a CAGR of 10.79% from 2023 to 2033. As worldwide demand for biologics grows, CDMOs are looking for ways to expand into emerging markets. This trend is being driven by increased healthcare spending and the need for local manufacturing skills to cut costs and improve access.
Market Overview:
The antibody and recombinant protein industry is a subset of the pharmaceutical industry that specializes in the development and commercialization of recombinant proteins and antibodies. The increased need for biological products in the pharmaceutical industry with advancements in biotechnology and research, is likely to fuel the expansion of the antibody and recombinant protein CDMO market. Antibody and recombinant protein development and manufacture are being progressively outsourced to specialist CDMOs to reduce costs and boost efficiency, which is expected to fuel the growth of the antibody and recombinant protein CDMO market.
The increasing incidence of chronic diseases, the rise of tailored therapy, and technological developments that improve production efficiency could enhance market growth. CDMOs provide a wide variety of services, from preclinical development to full-scale production, guaranteeing that clients can satisfy regulatory criteria while maintaining product quality.
Challenges:
Managing the complicated regulatory framework presents substantial hurdles to CDMOs. Compliance with tight requirements and securing permissions can cause delays in product development timeframes, preventing potential clients from outsourcing their manufacturing needs.
Report Coverage:
This research report categorizes the market for the global antibody and recombinant protein CDMO based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global antibody and recombinant protein CDMO market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global antibody and recombinant protein CDMO market.
Global Antibody and Recombinant Protein CDMO Market Report Coverage
Report Coverage | Details |
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Base Year: | 2023 |
Market Size in 2023 : | USD 16.4 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 10.79% |
2033 Value Projection: | USD 45.7 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 251 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Type, By Application, By Region |
Companies covered:: | Wuxibiologics, Cerbios-Pharma SA, Genscriptprobio, Vetter, Etinpro (Beijing) Co, Boehringer Ingelheim BioXcellence, Eurogentec, HJB, Bibo Pharma, MabPlex International, Lonza, 3SBio Inc, Porton, Catalent, Bioinnobio, Thousand Oaks Biopharmaceuticals, Goodwin Biotechnology, Salipro Biotech, and Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors:
The increasing incidence of chronic diseases, as well as the growing usage of biologics for disease treatment, are driving the demand for antibody and recombinant protein CDMO services. Furthermore, ongoing biotechnology breakthroughs like as protein engineering and recombinant DNA technologies are accelerating the development of novel biologics and increasing the demand for growth of the antibody and recombinant protein CDMO market.
Restraining Factors:
The highly capital-intensive nature of biopharmaceutical production could deter smaller companies from entering the industry. CDMOs frequently incur substantial operational costs for facility upkeep, technological upgrades, and skilled labor, which might restrict profitability and scalability.
Market Segmentation:
The global antibody and recombinant protein CDMO market share is classified into type and application.
- Antibody CDMO segment has the largest share of the market during the forecast period.
Based on the type, the global antibody and recombinant protein CDMO market is categorized into antibody CDMO and recombinant protein CDMO. Among these, the antibody CDMO segment has the largest share of the market during the forecast period. CDMOs can provide a unique set of competencies, such as efficient and scalable production, which is necessary in light of increased scientific investments and the need for breakthrough medicinal treatments. Furthermore, advances in bioprocessing technologies, such as continual manufacturing and disposable systems, are improving antibody production productivity and cost.
- The biotechnology company segment has the greatest share of the market over the forecast period.
Based on the application, the global antibody and recombinant protein CDMO market is categorized into pharmaceutical company, biotechnology company, and generic company. Among these, the biotechnology company segment has the greatest share of the market over the forecast period. The increasing need for biologics, particularly recombinant proteins and monoclonal antibodies, which are critical for developing novel treatments, drives the expansion of biotechnology firms. Biotechnology companies are driving this increase, using cutting-edge technology and specialized knowledge to satisfy the complex needs of biologic production.
Regional Segment Analysis of the Global Antibody and Recombinant Protein CDMO Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is projected to hold the largest share of the global antibody and recombinant protein CDMO market over the forecast period.
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North America is projected to hold the largest share of the global antibody and recombinant protein CDMO market over the forecast period. The North American antibody and recombinant protein CDMO market is predicted to have the largest market share in revenue in the near future. The United States and Canada are the two key North American countries driving market growth. Significant factors driving market expansion in this region include the presence of major biotechnology and pharmaceutical companies, as well as an established healthcare system. Personalized medicine is in high demand, and investments in healthcare infrastructure are increasing.
Asia-Pacific region is expected to fastest CAGR growth during the forecast period. The region is seeing an increase in expenditures on healthcare infrastructure, which coincides with the growing need for individualized medicine. The industry is developing due to the region's increased emphasis on research and development programs.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global antibody and recombinant protein CDMO market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies:
- Wuxibiologics
- Cerbios-Pharma SA
- Genscriptprobio
- Vetter
- Etinpro (Beijing) Co
- Boehringer Ingelheim BioXcellence
- Eurogentec
- HJB
- Bibo Pharma
- MabPlex International
- Lonza
- 3SBio Inc
- Porton
- Catalent
- Bioinnobio
- Thousand Oaks Biopharmaceuticals
- Goodwin Biotechnology
- Salipro Biotech
- Others
Key Market Developments:
- In October 2023, Salipro Biotech and Icosagen announced the start of a multi-target collaboration to identify and characterize monoclonal antibodies against several GPCRs and SLC transporters.
- In October 2023, CDMO WuXi Biologics announced WuXiUI, a bioprocessing platform that it claims saves 60-80% on COGS compared to typical fed-batch processes in single-use bioreactors.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global antibody and recombinant protein CDMO market based on the below-mentioned segments:
Global Antibody and Recombinant Protein CDMO Market, By Type
- Antibody CDMO
- Recombinant Protein CDMO
Global Antibody and Recombinant Protein CDMO Market, By Application
- Pharmaceutical Company
- Biotechnology Company
- Generic Company
Global Antibody and Recombinant Protein CDMO Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the global antibody and recombinant protein CDMO market over the forecast period?The global antibody and recombinant protein CDMO market size is expected to grow from USD 16.4 Billion in 2023 to USD 45.7 Billion by 2033, at a CAGR of 10.79 % during the forecast period 2023-2033.
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2. Which region is expected to hold the highest share in the global antibody and recombinant protein CDMO market?North America is projected to hold the largest share of the global antibody and recombinant protein CDMO market over the forecast period.
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3. Who are the top key players in the antibody and recombinant protein CDMO market?Wuxibiologics, Cerbios-Pharma SA, Genscriptprobio, Vetter, Etinpro (Beijing) Co. Boehringer Ingelheim BioXcellence, Eurogentec, HJB, Bibo Pharma, MabPlex International, Lonza, 3SBio Inc, Porton, Catalent, Bioinnobio, Thousand Oaks Biopharmaceuticals, Goodwin Biotechnology, Salipro Biotech, and Others.
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