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Varying Technology and Application Trends Pep up the Mature Research Antibodies Market, Finds Frost & Sullivan
Date:8/30/2012

s enable applications in numerous research fields, tying growth in the research antibodies market to technology and application trends within the academic research and pharmaceutical communities."

Apart from a chaotic marketplace, the economic downturn since the end of 2008 has kept growth down to the low single digits. Consequent to the slowdown, budgetary concerns and inadequate government funding of biomedical research have made researchers cautious about their spending on laboratory products. Inflation levels in biomedical research are estimated to be around 3 percent, creating greater budget constraints for researchers each year. As the research antibodies market relies heavily on the academic sector, its growth will be greatly limited for the next two years.

Growth analyses of the top competitors in the market determined that suppliers are growing at varying rates and thus, market shares are likely to change considerably over the next five years. In addition, researchers' ranking of overall experience with suppliers differs greatly from the ranking of market shares, indicating substantial prospects for reputed suppliers.

"The competitive landscape of the market is expected to be very different in the next five years, with various companies growing much faster than the overall market," said Bird. "This points to pockets of growth and opportunities for well-positioned companies to be more successful in this market, driving growth beyond the overall market compound annual growth rate of 2.9 percent between 2011 and 2016."

Strategic Analysis of the U.S. Research Antibodies Market is part of the Life Sciences Growth Partnership Services program, which also includes research in the following markets:

  • Purchasing Trends in the Research Antibodies Market: Evaluating Budgets, Suppliers, and Unmet Needs
  • Frost & Sullivan 2011 Survey of Sequencing Technologies: Instrument Adoption on the
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SOURCE Frost & Sullivan
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