Transparency Market Research include new market research report"Advances In Protein/Antibody Engineering Market - Global Industry Analysis, Size, Share, Trends, And Forecast, 2012 - 2018 " to its huge collection of research reports.
Storified by Transparency Market Research · Sun, Mar 03 2013 21:46:56
Antibodies and proteins developed with new and advantageous functions and properties are known as engineering of proteins and antibodies. Protein engineering can be defined as a process of developing valuable proteins and modification of antibodies to increase similarity and is called antibody engineering.
Antibody and protein engineering is used in curing inflammatory disorders, as a new treatment of diseases, for protein purification, and in diagnostic procedures. There are two approaches used for designing new antibodies and proteins - directed evolution and rational designing.
Antibodies occupied a huge market share of approximately USD 27 billion in 2010 and the market shows signs of growth in the next five years. The market for antibody engineering is changing quickly due to novel technologies. Moreover, protein engineering offers flexibility in engineering, and designing new and desirable antibodies is expected to be the major factor driving the growth of the market. The future holds huge opportunities for this market due to the rising prevalence of diseases such as cancer and increasing health care concerns.
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