(PharmaNewsWire.Com, April 21, 2017 ) Market Data Forecast recently published a report on the Middle-East and Africa Antibodies Market which estimates the market to grow from USD 5.713 billion from 2016 to USD 7.417 billion by 2021 with a CAGR of 5.36% in the forecast period 2016-2021.
An antibody is a protective protein produced by the immune system in response to the presence of a foreign substance, called an antigen. Antibodies are produced by specialized white blood cells called B lymphocytes or B cells. They are also called as immunoglobulin. Their functionality includes but not restricted to identifying and treating diseases like rheumatoid arthritis, non-Hodgkin lymphoma, psoriasis, macular degeneration, hypercholesterolemia, and asthma. The market is going to witness a steady growth due to many new product launches.
The driving factors for the growth of this market are increase in adoption of therapeutics antibodies in cost sensitive market, innovative products, increasing number of people with chronic diseases and adoption of diagnostics antibodies.
The Antibodies market products are based on different product type application and end user. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
By Indication Cancer. Autoimmune Diseases. Infectious Diseases. Cardiovascular Diseases. CNS Disorders. Others. By Application. Medical. Experimental. Western Blot. ELISA. Radio immune Assays. Immunofluorescence. Other. By End User. Hospitals/Clinics. Research Institute. Diagnostic Laboratories.
Based on geography, Middle-East and Africa is divided into Middle-East and Africa. Middle-East leads the market in this region. Africa is the estimated to be the fastest growing region.
The key players that are dominating the Middle East and Africa Antibodies market are Abbott Diagnostics, Novartis AG, Pfizer Inc., ThermoFisher Scientific Inc., Eli Lilly and company, A.G. Scientific, Inc., Bristol-Myers Squibb, F. Hoffmann-La Roche Ltd., and AbbVie Inc.
Scope of the Middle-East and Africa Antibodies Market:
Regional and country-level analysis that provides an innate perspective of Middle-East and African regions Market. To detect major focus areas of industrial growth Segment-level analysis on basis of type, products, application and end-user along with market size forecasts and y-o-y estimations are provided Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics PESTLE and Porters Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few. An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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