Single Domain Antibody Platforms Market, By Platform Type, By Application, By End User, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
Single Domain Antibody Platforms Market size was valued at USD 32.30 Million in 2023, expanding at a CAGR of 10.90% from 2024 to 2032.
The technologies and procedures used to produce and employ single domain antibodies (sdAbs), sometimes referred to as nanobodies, are referred to as single domain antibody platforms. These are a particular kind of antibody fragment that is substantially smaller than full-sized antibodies and are composed of a single monomeric variable antibody domain that can selectively bind to a particular antigen.
Single Domain Antibody Platforms Market- Market Dynamics
Growing demand for targeted therapy and the rising prevalence of chronic disorders are expected to propel market demand
The market for single-domain antibody platforms is driven by the growing emphasis on targeted medicines and precision medicine, particularly in oncology. They are perfect for creating tailored treatments because of their strong affinity and specificity. Developments in immunotherapy, especially in the treatment of cancer, have brought attention to the potential of sdAbs in regulating immune responses and specifically targeting tumor cells. These factors are anticipated to accelerate market expansion.
Globally, cancer prevalence is rising, which means there is a big need for novel, efficient treatments like sdAbs. The increasing prevalence of inflammatory disorders like psoriasis, rheumatoid arthritis, and other chronic diseases emphasizes the need for novel treatment approaches. Caplacizumab's regulatory approval for treating thrombotic thrombocytopenic purpura (TTP) is one example of a sdAb-based treatment that validates its clinical potential and spurs additional investment. Many ailments, such as inflammatory, viral, and autoimmune disorders, are being investigated as potential treatments for single-strand antibodies (sdAbs).
Single Domain Antibody Platforms Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 10.90% over the forecast period (2024-2032)
Based on Platform Type segmentation, the multispecific single domain antibody segment was predicted to show maximum market share in 2023, owing to high demand from diagnostic applications for multi-specific antibodies.
Based on Application segmentation, the diagnostic development segment was the leading Application in 2023, due to the high need for applications in vitro diagnostics.
Based on End User segmentation, the research & development activities segment was the leading End User in 2023, owing to high demand from novel drug development.
On the basis of region, North America was the leading revenue generator in 2023, owing to the presence of advanced healthcare infrastructure.
Single Domain Antibody Platforms Market- Segmentation Analysis:
The Global Single Domain Antibody Platforms Market is segmented on the basis of Platform Type, Application, End User, and Region.
The market is divided into four categories based on Platform Type: multi-specific single-domain antibody, bispecific single-domain antibody, multivalent single-domain antibody, and mono-specific single-domain antibody. The multi-specific single-domain antibody segment dominates the market. Increasing diagnostic development and multiple needs are expected to boost the segment growth.
The market is divided into three categories based on Application: diagnostic development, therapeutic development, and research & development activities. The research & development segment dominates the market. The increasing number of R&D developments by several companies along with government support is spurring the market growth.
The market is divided into five categories based on End Users: diagnostic laboratories, clinical laboratories, academics & research, pharma & biotech companies, and others. The diagnostic laboratories segment dominates the market and is expected to maintain its high dominance during the forecast period. The academic & research segment is anticipated to expand at a significant rate over the forecast period.
Single Domain Antibody Platforms Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. North America dominates the global market. The growth is driven by advancements in pharmaceutical therapies and increased R&D investments. The USFDA has positively supported the new drug development and laboratory research activities, which, in turn is booting the regional growth.
Single Domain Antibody Platforms Market- Competitive Landscape:
The Single Domain Antibody Platforms market is highly competitive in nature with market players facing intense competition. Further, large players in the global market focus on new product development, strategic initiatives like collaboration, and investment to increase their market presence. These strategic initiatives include product innovation, helping the companies to increase their market presence. Key companies in the Single Domain Antibody Platforms Market include GenScript, Creative BioLabs, and Hybrigenics Services, etc.
Recent Developments:
In the 2023 Antibody Engineering & Therapeutics Conference, held in Sand Diego, OmniAb Inc., presented new scientific data on OmnidAb platform that produces single domain antibodies.
In 2022, GenScript Biotech Corporation completed an agreement with Ligand Pharmaceuticals for OmniAb Platform.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL SINGLE DOMAIN ANTIBODY PLATFORMS MARKET KEY PLAYERS
GenScript
Creative BioLabs
Synbio Technologies
ProSci Incorporated
BioCat GmbH
Hybrigenics Services
ProteoGenix
Oak BioSciences, Inc.
Rockland Immunochemicals
Ligand Pharmaceuticals
Sanofi
Inhibrx, Inc.
Kane Biotech Inc.
Nomad Bioscience GmbH
Novozymes
Others
GLOBAL SINGLE DOMAIN ANTIBODY PLATFORMS MARKET, BY PLATFORM TYPE- MARKET ANALYSIS, 2019-2032
Multi specific single-domain antibody
Bispecific single-domain antibody
Multivalent single-domain antibody
Mono-specific single-domain antibody
GLOBAL SINGLE DOMAIN ANTIBODY PLATFORMS MARKET, BY APPLICATION- MARKET ANALYSIS, 2019-2032
Diagnostic development
Therapeutic development
Research & development activities
GLOBAL SINGLE DOMAIN ANTIBODY PLATFORMS MARKET, BY END USER- MARKET ANALYSIS, 2019-2032
Diagnostic laboratories
Clinical laboratories
Academics & research
Pharma & biotech companies
Others
GLOBAL SINGLE DOMAIN ANTIBODY PLATFORMS MARKET, BY REGION- MARKET ANALYSIS, 2019-2032
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Israel
Turkey
Algeria
Egypt
Rest of MEA
Table of Contents
1. Single Domain Antibody Platforms Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Single Domain Antibody Platforms Market Snippet by Platform Type
2.1.2. Single Domain Antibody Platforms Market Snippet by Application
2.1.3. Single Domain Antibody Platforms Market Snippet by End User
2.1.4. Single Domain Antibody Platforms Market Snippet by Country
2.1.5. Single Domain Antibody Platforms Market Snippet by Region
2.2. Competitive Insights
3. Single Domain Antibody Platforms Key Market Trends
3.1. Single Domain Antibody Platforms Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Single Domain Antibody Platforms Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Single Domain Antibody Platforms Market Opportunities
3.4. Single Domain Antibody Platforms Market Future Trends
4. Single Domain Antibody Platforms Industry Study
4.1. PEST Analysis
4.2. Porter's Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Single Domain Antibody Platforms Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Single Domain Antibody Platforms Market Landscape
6.1. Single Domain Antibody Platforms Market Share Analysis, 2023
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players' Analysis
6.2.2. Emerging Players' Analysis
7. Single Domain Antibody Platforms Market - By Platform Type