An appropriate mammal, such as a rabbit, mouse, or goat, is vaccinated to create polyclonal antibodies. Larger mammals are frequently favored because more serum can be recovered from them. An animal is given an antigen over several weeks, which causes the B-lymphocytes to create specific immunoglobulins (IgG) for the antigen. The serum of the mammal is purified to yield polyclonal IgG.
There is an ongoing increase in product demand due to the multiple benefits of the currently available antibodies and the proliferation of laboratory tests like microarray assays, ELISA, and flow cytometry.
The global mammalian polyclonal IgG antibody market size/share was valued at USD 1,155.92 million in 2022 and is expected to grow to USD 1,980.10 million at a CAGR of 5.5% during the forecast period.
The significant technological advancements in antibody production processes and the growing emphasis on developing in-house polyclonal antibody-based products or tests due to the increasing rise in investments by numerous large biotechnology and pharmaceutical companies are the primary factors anticipated to propel the global market growth throughout the study period.
Additionally, the rapid rise in acceptance and use of numerous standard laboratory tests, such as immunohistochemistry, cell imaging, western blot analysis, and microarray assays, along with the expanding use of novel diagnostic techniques globally, is further likely to affect the mammalian polyclonal IgG antibody market size positively.
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The production of polyclonal antibodies is primarily driven by mice, whose immune systems and the functions and development of their genes for the egg are the most similar to those of humans. This helps researchers to reduce variability. The mouse segment is anticipated to grow at the highest CAGR during the anticipated period.
Moreover, due to its high specificity and increased immune response to tiny epitopes, the rabbit sector is also predicted to grow significantly over the foreseen period.
The market share that belonged to the pharmaceutical and biotechnology industries was the highest. One of the main factors influencing the mammalian polyclonal IgG antibody market growth is the quick rise in research and development activities and steadily rising investments by both public and private institutions, particularly in developed economies like Canada, US, France, and Germany, along with the increased need for developing antibodies to combat various types of deadly viruses.
Furthermore, the diagnostic center segment is anticipated to grow at the greatest CAGR over the anticipated period, primarily due to increased research projects to enhance drug efficacy and develop personalized medications.
With a sizable market share, the North American region dominates the global market and is anticipated to continue to do so during the study period. The region's substantial presence of well-established or equipped research companies and healthcare infrastructure can be credited with the regional market expansion.
Moreover, due to the rising prevalence of several diseases like cancer and diabetes, the rise in consumer disposable income, and the growing efforts of major players to establish themselves in the APAC region's emerging economies, the Asia Pacific region is predicted to experience the fastest market growth over the upcoming years.
Polyclonal antibodies are essential for developing sensitive detection techniques (such as Western Blot, ELISA, Immunohistochemistry, etc.) and treatments that help prevent acute reactions such as venomous bites and stings due to their capacity to target many epitopes. It may be helpful for early diagnosis due to their sensitivity, resulting in the expanding demand for the mammalian polyclonal IgG antibody market.