Trusted Business Insights answers what are the scenarios for    growth and recovery and whether there will be any lasting    structural impact from the unfolding crisis for the Australia    & New Zealand Research Antibodies market.  
    Trusted Business Insights presents an updated and Latest Study    on Australia & New Zealand Research Antibodies Market    2019-2026. The report contains market predictions related to    market size, revenue, production, CAGR, Consumption, gross    margin, price, and other substantial factors. While emphasizing    the key driving and restraining forces for this market, the    report also offers a complete study of the future trends and    developments of the market.The report further elaborates    on the micro and macroeconomic aspects including the    socio-political landscape that is anticipated to shape the    demand of the Australia & New Zealand Research Antibodies    market during the forecast period (2019-2029).    It also examines the role of the leading market players    involved in the industry including their corporate overview,    financial summary, and SWOT analysis.  
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    Industry Insights, Market Size, CAGR, High-Level Analysis:    Australia & New Zealand Research Antibodies Market  
    The Australia & New Zealand research antibodies market size    was valued at USD 98.4 million in 2018 and is anticipated to    grow at a CAGR of 8.4% during the forecast period. Rise in the    number of initiatives being undertaken by the Australian    government to advance the biotechnology sector is expected to    fuel the growth in the country. In May 2019, Federal Labor    offered businesses an R&D tax offset for collaborating with    science-based agencies and universities, such as The    Commonwealth Scientific and Industrial Research Organisation    (CSIRO), to promote innovation and knowledge in biotechnology    sector. In addition, a 10% tax can be added to the calculated    tax offset if a business is collaborating with any public    institution. This plan would help in increasing R&D    investments in Australia to 3% of GDP by 2030 and is expected    to act as a key tool for fostering an alliance between research    and industry, thereby improving industrial capabilities in    Australia. R&D tax incentive in Australia has encouraged    biotechnology companies in the region to conduct R&D.    For instance, in 2018, Shape Pharmaceuticals, Inc. supported    R&D investments in Australian biotechnology industry by    conducting clinical trials to study the effect of SHP-141 on    patients diagnosed with psoriasis. These tax incentives help    companies achieve cost advantage while selecting clinical trial    sites for R&D processes.  
    Rise in R&D investments by the government is also expected    to boost the market. In 2018, the Victorian government    allocated USD 1.5 million for establishment of an Advanced    Biotechnology Manufacturing Platform to enhance production of    antibodies, vaccines, stem cells, and growth factors, among    others, for testing in human clinical trials. This facility    would enable various Australian biotechnology companies to    conduct R&D in the state, thereby generating jobs and    propelling growth of various companies currently conducting    clinical trials in Victoria. The government is also promoting    development of the biotechnology sector through Future    Industries Fund.    Growth in stem cell and neurobiology-based research is expected    to boost the market over the forecast period. The Center of    Research Excellence in Neuromuscular Disorders Australia is a    wide collaboration of neuromuscular experts, who use advanced    technologies and approaches in science & medicine to    improve diagnosis. In addition, it aims to transform treatment    to effective therapy of neurological diseases from    compassionate management. The Australian Neuromuscular Network    was formed in the year 2010 by the Center of Research    Excellence in Neuromuscular Disorders along with other    neuromuscular specialists, scientists, and professionals across    New Zealand and Australia.    Rise in the prevalence of neurological disorders is expected to    boost the market. According to the Neurological Foundation of    New Zealand, by 2051, about one-third of the population in New    Zealand will be 65 years and above. The prevalence of dementia    is therefore expected to increase, leading to a rise in R&D    pertaining to treatment for various neurological disorders.    However, stringent government regulations that can limit    research activities are expected to restrain market growth.  
    Product Insights of Australia & New Zealand Research    Antibodies Market  
    On basis of product, Australia & New Zealand research    antibodies market is segmented into primary and secondary    antibodies. Primary antibodies held the largest share and is    anticipated to witness the highest CAGR owing to rise in    adoption of reagents developed using antibodies, due to the    various benefits associated with them such as greater    specificity, easy availability, and suitability in various    research applications.    Similarly, primary antibodies are anticipated to grow at a    faster rate during the forecast period due to varied    applications in research. In addition, rise in prevalence of    chronic diseases, such as diabetes, cancer, and Alzheimers    disease, is leading to an increase in adoption of primary    antibodies. Increasing R&D in the country is further    anticipated to boost the adoption of secondary antibodies as    well. Thus, rising adoption of these antibodies in research for    development of alternative therapies is anticipated to create    significant demand for these products over the forecast    period.    End-use Insights    Pharmaceutical & biotechnology companies held the largest    share of the end-use segment in 2018, which can be attributed    to increase in adoption of antibodies in drug development and    research organizations. Contract research organizations are    anticipated to grow at a lucrative CAGR during the forecast    period owing to cost-effectiveness.  
    The academic & research institutes segment is expected to    witness constant growth owing to the presence of various    academic research groups that are involved in the study of    complex biological systems using advanced reagents. Benefits    such as greater understanding of biological processes and    complex systems are anticipated to create growth opportunities    in the segment.    Contract research organizations are anticipated to grow at a    lucrative CAGR during the forecast period. Majority of the    companies prefer CROs owing to the various advantages    associated with contract services. These benefits include cost    advantage, increased efficiency of services, and enhanced    productivity, which help a company focus on its core expertise.  
    Type Insights of Australia & New Zealand Research    Antibodies Market  
    On the basis of antibody type, the market is segmented into    monoclonal and polyclonal antibodies. Monoclonal antibodies    held the largest market share due to increase in research on    genomics and personalized medicine, which has led to increase    in the use of these antibodies. As monoclonal antibodies are    relatively cost-effective, they are anticipated to grow at a    higher rate than polyclonal antibodies.    Polyclonal antibodies have several advantages over monoclonal    in various diagnostic settings. Polyclonal antibodies are often    the most preferred option in routine laboratory tests such as    Enzyme-Linked Immunosorbent Assay (ELISA), microarray assays,    western blotting, flow cytometry, and immunohistochemistry.    Their production does not require skilled professionals, and    large batches can be produced as per client requirements. These    antibodies can recognize multiple antigens on one epitope and    can therefore be utilized in the study of various diseases    ranging from cancer to metabolic    Polyclonal antibodies are relatively inexpensive in comparison    with monoclonal antibodies, which may fuel their demand in    low-budget and non-funded research projects. However,    polyclonal antibodies can differ from batch to batch depending    upon manufacturing and quality control process. These    antibodies can recognize multiple epitopes, thus increasing the    probability of nonspecific antigen binding.  
    Technology Insights of Australia & New Zealand Research    Antibodies Market  
    On the basis of technology, the Australia & New Zealand    research antibodies market is segmented into western blotting,    immunoprecipitation, immunochemistry, ELISA,    immunofluorescence, flow cytometry, and other technologies.    Western blotting held the largest share of the technology    segment in 2018 owing to rising demand for rapid diagnostic    methods. On the other hand, technical upgradation is    anticipated to create growth prospects for technologies in    pipeline. ELISA is anticipated to witness the highest CAGR    during the forecast period owing to conventional use of    polyclonal antibodies in sandwich ELISA.    ELISA is an analytical test that essentially uses antibodies to    identify substances in samples. These tests are most often used    to accurately diagnose diseases, such as AIDS, Lyme disease,    syphilis, pernicious anemia, Rocky Mountain spotted fever,    squamous cell carcinoma, chickenpox, shingles, and other    bacterial & viral infections.    Western blotting held the largest share in 2018 owing to rise    in prevalence of diseases with limited number of treatment    options. Western blotting offers high accuracy and sensitivity    and is considered a gold standard for testing. In addition,    increase in government initiatives to fund research activities    is one of the factors contributing to the highest market share    held by this segment, as it is conventionally used in research    laboratories.    Source Insights    The mouse segment held the largest share in 2018 as mice are    convenient to use during production of antibodies for research    purposes and have wide range of applications. Others segment is    expected to grow exponentially, as it has a wide range of    applications.    The use of murine monoclonal antibodies is increasing in    various end-use settings, which is expected to positively    impact market growth. Mice have been predominantly used in    production of antibodies. The structural similarities in mice    and human antibodies is a prime factor responsible for high    adoption. Cost-effectiveness and the ability to multiply    quickly are among the factors fueling growth of this    segment.    Moreover, mouse-derived monoclonal and polyclonal antibodies    are relatively easier to produce and possess greater    specificity. Technological advancements in the development    processes of these products, such as hybridoma technology that    aids in production of monoclonal antibodies in specialized    cells, are further augmenting demand for mouse antibodies.    Rabbits are also extensively used for production of antibodies,    owing to various advantages such as higher affinity and    specificity in comparison with antisera obtained from other    animal hosts. Higher specificity of these products makes them    ideal for use in detection of small molecules, such as    pollutants; toxins; hormones; drugs; nonprotein targets, such    as carbohydrates & lipids; and post-translational    alterations such as phosphorylation.  
    Application Insights of Australia & New Zealand Research    Antibodies Market  
    Oncology held the largest share of the application segment in    2018. The largest share can be attributed to growing prevalence    of cancer, which leads to an increase in the need for R&D    pertaining to advanced therapeutics. On the other hand, stem    cell is anticipated to witness lucrative CAGR during the    forecast period owing to significant increase in stem cells    research.    Rising prevalence of infectious diseases, growing geriatric    population, decreasing immunity levels, and rising awareness    among people about communicable diseases are some of the high    impact-rendering drivers of the market. Growing incidence of    autoimmune diseases coupled with limited presence of advanced    therapeutics is predominantly driving segment growth.    Significant advancements in immunology research have boosted    adoption of research antibodies in the recent years.    Oncology accounted for the largest share of research antibodies    in 2018.The segment is also anticipated to grow at a    considerable CAGR owing to increasing incidence of cancer.    According to WHO, the number of new cancer cases is anticipated    to increase by approximately 70.0% in the next two decades.    Monoclonal antibodies are also used for diagnosis of lymphoid    & myeloid malignancies, tissue typing, and immunological    intervention using passive antibody.    Owing to the steady increase in the demand for transplantable    tissues and low-quality donor cells, stem cell research segment    is expected to grow. Moreover, increasing adoption of cell    isolation and culture, which involves use of research    antibodies, is further anticipated to broaden segment growth    prospects.  
    Market Share Insights of Australia & New Zealand    Research Antibodies Market  
    Some major players in this market are PerkinElmer, Inc.;    F.Hoffmann La Roche Ltd.; Thermo Fisher Scientific; Merck    Millipore; Bio-Rad Laboratories; Abcam PLC; BD; Lonza Group;    Cell Signaling Technology, Inc.; and Agilent Technologies.    Increase in the number of products launched by market players    is expected to fuel market growth. For instance, in April 2019,    Bio-Rad launched a range of isotype-specific secondary    antibodies-IgG1, IgG2a, and IgG2b. These products are used to    offer specificity when used in ELISA, imaging, western    blotting, and flow cytometry, among others, as well as for    improved signaling.    Mergers & acquisitions and collaborations are some of the    other strategic initiatives undertaken by leading players to    gain market share, for instance, Abcam Plc acquired Calico    Biolabs. This initiative helped the company expand its product    portfolio through the addition of high-quality recombinant    rabbit monoclonal antibodies for immunohistochemistry. As per    the agreement, Abcam was to also expand its custom rabbit    monoclonal antibody production. These factors are further    anticipated to aid growth during the forecast period.  
    Segmentations, Sub Segmentations, CAGR, & High-Level    Analysis overview of Australia & New Zealand Research    Antibodies Market Research Report    This report forecasts revenue growth at country level and    provides an analysis on the latest industry trends in each of    the sub-segments from 2015 to 2026. For the purpose of this    study, this market research report has segmented the Australia    & New Zealand research antibodies market report on the    basis of product, type, technology, source application, end    use, and country:  
    Product Outlook (Revenue, USD Million, 2019  2030)  
    Primary  
    Secondary  
    Type Outlook (Revenue, USD Million, 2019  2030)  
    Monoclonal Antibodies  
    Polyclonal Antibodies  
    Technology Outlook (Revenue, USD Million, 2019  2030)  
    Immunohistochemistry  
    Immunofluorescence  
    Western Blotting  
    Flow Cytometry  
    Immunoprecipitation  
    ELISA  
    Others  
    Source Outlook (Revenue, USD Million, 2019  2030)  
    Mouse  
    Rabbit  
    Goat  
    Others  
    Application Outlook (Revenue, USD Million, 2019  2030)  
    Infectious Diseases  
    Immunology  
    Oncology  
    Stem Cells  
    Neurobiology  
    Others  
    End-use Outlook (Revenue, USD Million, 2019  2030)  
    Academic & Research Institutes  
    Contract Research Organizations  
    Pharmaceutical & Biotechnology Companies  
    Quick Read Table of Contents of this Report @ Australia & New    Zealand Research Antibodies Market Size Report, 2026 (Includes    Business Impact of COVID-19)  
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