Increasing demand for antibodies in therapeutic applications is fostering the growth of the antibodies market
Antibodies also referred to as immunoglobulin, are basically a large, polysaccharide Y-shape protein that is used by your body to identify and destroy foreign objects like viruses and pathogens. The antibody recognizes an external molecule of the pathogen, known as antigens. The antibodies release substances into the lymphatic fluid where they interact with the infected cells. These release substances to assist in destroying the infected cells and preventing infection from recurring. The growing demand for antibodies in therapeutic applications is propelling the growth of the antibodies market. The increasing economic burden of cancers and other chronic diseases is also supporting the growth of the market. According to the International Agency for Research on Cancer, in 2018, there were 18.1 million new cases and 9.5 million cancer-related deaths worldwide. By 2040, the number of new cancer cases per year is expected to rise to 29.5 million and the number of cancer-related deat...