Towards Healthcare
Antibody Discovery Market to Reach USD 20.71 Bn by 2034

Antibody Discovery Market Future Shaped by AI and Partnerships

Projections indicate that, the global antibody discovery market will increase from USD 8.31 billion in 2024 to USD 20.71 billion by 2034, experiencing a CAGR of 9.54% over the next 10 years. Rising prevalence of chronic and infectious diseases has estimated to drive the growth of the market. North America led the global market owing to the presence of major pharmaceutical and biotechnology companies, which is estimated to drive the growth of the antibody discovery market.

Category: Pharmaceuticals Insight Code: 6207 Format: PDF / PPT / Excel

The global antibody discovery market size was reported at US$ 8.31 billion in 2024 and is expected to rise to US$ 9.1 billion in 2025. According to forecasts, it will grow at a CAGR of 9.54% to reach US$ 20.71 billion by 2034.

Antibody Discovery Market Size 2024 to 2034

The antibody discovery market is witnessing rapid growth, driven by rising demand for targeted therapies in oncology, autoimmune, and infectious diseases. Technological advancements, including high-throughput screening, phage display, and next-generation sequencing, are accelerating the identification and optimization of novel antibodies. North America dominates the market due to the presence of leading pharmaceutical and biotechnology companies, robust R&D infrastructure, favorable regulatory frameworks, and strong government support. Increasing investments, academic-industry collaborations, and the focus on personalized medicine further strengthen market expansion globally.

Key Takeaways

  • Antibody discovery industry poised to reach USD 8.31 billion by 2024.
  • Forecasted to grow to USD 20.71 billion by 2034.
  • Expected to maintain a CAGR of 9.54% from 2025 to 2034.
  • North America held a major revenue share of approximately 40% in the antibody discovery market in 2024.
  • Asia-Pacific is expected to witness the fastest growth during the predicted timeframe.
  • By technology, the phage display segment registered its dominance over the global market with a share of approximately 35% in 2024.
  • By technology, the AI/ML & computational antibody design segment is expected to grow with the highest CAGR in the market during the studied years.
  • By type of antibody, the monoclonal antibodies segment held the largest revenue share of approximately 45% in the market in 2024.
  • By type of antibody, the bispecific antibodies segment is expected to show the fastest growth over the forecast period.
  • By application, the oncology segment held a dominant presence in the antibody discovery market with a share of approximately 40% in 2024.
  • By application, the neurology segment is expected to witness the fastest growth in the market over the forecast period.
  • By service type, the in-house discovery segment contributed the biggest revenue share of approximately 55% in the market in 2024.
  • By service type, the outsourced services segment is expected to grow at the fastest CAGR in the market during the forecast period.
  • By end user, the pharmaceutical & biotechnology companies segment accounted for a maximum revenue share of approximately 55% in the market in 2024.
  • By end user, the contract research organizations (CROs) segment is expected to expand rapidly in the market in the coming years.

Quick Facts Table

Table Scope
Market Size in 2025 USD 9.1 Billion
Projected Market Size in 2034 USD 20.71 Billion
CAGR (2025 - 2034) 9.54%
Leading Region North America by 40%
Market Segmentation By Technology, By Type of Antibody, By Application, By Service Type, By End User, By Region
Top Key Players AbCellera Biologics, Genmab, Regeneron Pharmaceuticals, WuXi Biologics, Adimab, Ligand Pharmaceuticals, Lonza, AstraZeneca (MedImmune), Amgen, Pfizer, Eli Lilly, Roche/Genentech, Thermo Fisher Scientific, Twist Bioscience, MorphoSys, Seagen (Pfizer subsidiary), Charles River Laboratories, Harbour BioMed, MacroGenics, Incyte

What is Antibody Discovery?

Antibody discovery is the process of identifying and developing antibodies that can specifically bind to target antigens for therapeutic, diagnostic, or research purposes. It involves screening large libraries of antibodies using techniques such as phage display, hybridoma technology, or next-generation sequencing to isolate candidates with high specificity and affinity. The process includes optimizing antibody structure, stability, and efficacy while minimizing immunogenicity. Antibody discovery is critical in developing treatments for cancer, autoimmune diseases, infectious diseases, and other conditions. Advances in computational biology, high-throughput screening, and bioengineering have significantly accelerated the speed and precision of antibody identification and development.

Advancements in Antibody Formats: The Development of bispecific antibodies and antibody-drug conjugates offers targeted therapeutic options, improving treatment efficacy.

  • Rising Investment and Funding-Rising investment and funding provide essential resources for advanced R&D, enabling the adoption of innovative technologies such as AI-driven antibody design, single-cell analysis, and next-generation sequencing. These financial supports also accelerate clinical trials, foster collaborations, and expand infrastructure, ultimately boosting the growth of the antibody discovery market.
  • In September 2025, Alchemab Therapeutics, a healthcare company, announced that it had begun a Phase I trial for ATLX-1282, which targets ALS, under a license. The Al-enabled antibody discovery platform has been validated through an agreement with Eli Lilly. Alchemab's clinical and pipeline expansion is supported by a US$32 million Series A financing extension, which brings the total to US$114 million. Lilly and Ono Venture Investment have contributed to this funding.
  • Growing Adoption of Inorganic Growth Strategies growing adoption of inorganic growth strategies, such as acquisitions, mergers, collaborations, and partnerships, is a major driver for the antibody discovery market.
  • In July 2025, ConjugateBio Inc. and Adagene Inc., a company revolutionizing the search and development of innovative antibody-based treatments, partnered to supply a proprietary antibody for use in partner companies' bispecific AD development programs.

How Can AI Improve the Antibody Discovery Market?

The integration of artificial intelligence (AI) is transforming the market by significantly accelerating and optimizing the identification and development of novel antibodies. AI algorithms can analyze vast datasets from high-throughput screening, genomic sequencing, and structural biology to predict antibody-antigen interactions with higher accuracy and speed, reducing the need for time-consuming laboratory experiments. Machine learning models help in designing antibodies with improved specificity, stability, and reduced immunogenicity, while also optimizing binding affinity and efficacy. AI-driven platforms can identify potential therapeutic candidates earlier in the drug development process, thereby lowering R&D costs and shortening timelines.

Market Dynamics

Driver

Expansion of the Biologics and Therapeutic Antibodies

The expansion of the biologics and therapeutic antibody market is a major driver for the growth of the antibody discovery market, as it creates increasing demand for novel, effective, and targeted therapies. With biologics becoming central to treating cancer, autoimmune disorders, and infectious diseases, pharmaceutical companies are actively seeking new antibodies with higher specificity, improved efficacy, and reduced immunogenicity. The rise of monoclonal antibodies, bispecific antibodies, and antibody-drug conjugates has intensified the need for advanced discovery platforms and technologies. This trend encourages investments in high-throughput screening, computational modeling, and engineering approaches to accelerate antibody identification. Additionally, growing regulatory approvals for therapeutic antibodies incentivize research and development, expanding the antibody discovery pipeline and fueling market growth globally.

Restraint

Long Development Timelines & Regulatory Challenges

The key players operating in the market are facing issues due to regulatory challenges and long development timelines, which are estimated to restrict the growth of the market. Antibody discovery and validation can take several years, delaying commercialization and returns on investment. Stringent regulatory requirements for approval of therapeutic antibodies can slow down development and market entry.

Opportunity

Supportive Regulatory Framework

Supportive regulatory frameworks play a crucial role in driving the growth of the antibody discovery market by providing clear guidelines and streamlined pathways for the development and approval of novel antibody-based therapeutics. Regulatory agencies, such as the U.S. FDA and the EMA in Europe, offer accelerated review programs, orphan drug designations, and fast-track approvals for promising biologics, enabling companies to bring therapies to market more quickly. These frameworks reduce uncertainty and financial risk for pharmaceutical and biotechnology companies, encouraging increased investment in antibody research and development. Additionally, standardized safety and efficacy requirements ensure product quality and patient safety, boosting confidence among healthcare providers and investors. The availability of such supportive regulatory mechanisms accelerates innovation, facilitates commercialization, and expands the global antibody discovery pipeline.

Segmental Insights

Which Technology Segment Dominated the Antibody Discovery Market?

The phage display segment is the dominant technology in the market due to its high efficiency, versatility, and proven track record in identifying specific and high-affinity antibodies. This technology enables the rapid screening of vast antibody libraries against target antigens, allowing researchers to isolate candidates with optimal binding properties. Phage display supports the development of monoclonal antibodies, bispecific antibodies, and antibody-drug conjugates, making it highly applicable across therapeutic areas such as oncology, autoimmune diseases, and infectious diseases. Additionally, its cost-effectiveness, scalability, and compatibility with advanced computational and high-throughput screening techniques further strengthen its dominance in the market.

The AI/ML & computational antibody design segment is estimated to be the fastest-growing in the antibody discovery market due to its ability to accelerate the identification and optimization of novel antibodies. Machine learning algorithms and computational models can predict antibody-antigen interactions, binding affinity, and stability with high accuracy, reducing the need for time-consuming laboratory experiments. This approach lowers R&D costs, shortens development timelines, and enables the design of highly specific and effective antibodies. Increasing adoption by pharmaceutical and biotechnology companies along with integration with high-throughput screening technologies, is driving rapid growth in this segment.

Why Did the Oncology Segment Dominate the Antibody Discovery Market?

The oncology segment dominates the market due to the high prevalence of various cancers and the growing demand for targeted therapies. Monoclonal antibodies, bispecific antibodies, and antibody-drug conjugates are increasingly used to selectively target cancer cells, improving treatment efficacy while minimizing side effects. Advances in immuno-oncology and personalized medicine further fuel the development of novel antibodies for tumor-specific antigens. Additionally, strong R&D investments, government initiatives, and supportive regulatory frameworks in cancer therapeutics reinforce the dominance of the oncology segment in antibody discovery.

The neurology segment is anticipated to be the fastest-growing segment in the antibody discovery market due to the rising prevalence of neurological disorders, including Alzheimer’s disease, Parkinson’s disease, and multiple sclerosis. Growing demand for targeted therapies that can cross the blood-brain barrier and modulate specific neural pathways is driving the development of novel antibodies. Advances in neurobiology, biomarker identification, and precision medicine enable the design of highly specific therapeutic antibodies. Additionally, increasing investments by pharmaceutical companies and supportive regulatory initiatives for neurological therapies are accelerating growth in this segment.

How the Monoclonal Antibodies Segment Dominated the Antibody Discovery Market?

The monoclonal antibodies segment dominates the market due to their proven efficacy, specificity, and wide therapeutic applicability. mAbs are extensively used in oncology, autoimmune disorders, and infectious diseases, providing targeted treatment with minimal off-target effects. Advances in high-throughput screening, phage display, and antibody engineering have streamlined their discovery and optimization. Strong R&D investments, regulatory support, and increasing approvals of monoclonal antibody-based therapies further reinforce their dominance. Their versatility in diagnostics and therapeutics makes mAbs a central focus in antibody discovery.

The bispecific antibodies segment is estimated to be the fastest-growing segment in the antibody discovery market due to its ability to bind two different antigens or epitopes simultaneously, offering enhanced therapeutic potential over traditional monoclonal antibodies. These antibodies are particularly valuable in oncology and immunotherapy, as they can redirect immune cells to specifically target cancer cells. Advances in antibody engineering, along with increasing clinical trials and approvals, are accelerating their adoption. Rising investment from pharmaceutical companies and their promise to address complex diseases further drives the rapid growth of this segment.

What Made Service Type the Dominant Segment in the Antibody Discovery Market?

The in-house discovery segment dominates the market because it allows pharmaceutical and biotechnology companies to maintain full control over research, intellectual property, and product pipelines. By conducting discovery internally, organizations can customize approaches to specific therapeutic areas, ensure better integration of R&D with clinical strategies, and accelerate innovation. In-house capabilities also reduce reliance on external partners, safeguard proprietary technologies, and support long-term competitiveness. Significant investments in advanced platforms and skilled researchers further strengthen the dominance of the in-house discovery segment.

The outsourced services segment is anticipated to be the fastest-growing in the antibody discovery market due to the increasing reliance of pharmaceutical and biotechnology companies on contract research organizations (CROs) and specialized service providers. Outsourcing enables access to advanced technologies, expertise, and global infrastructure without the high costs of maintaining in-house facilities. It also accelerates discovery timelines and supports scalability for complex projects. Rising collaborations, cost-efficiency benefits, and the growing demand for specialized antibody engineering and screening services are driving the rapid expansion of this segment.

Which End User Segment Led the Antibody Discovery Market?

The pharmaceutical & biotechnology companies segment dominates the market due to their extensive R&D investments, advanced infrastructure, and strong focus on developing innovative biologics. These companies are at the forefront of discovering, engineering, and commercializing therapeutic antibodies across oncology, neurology, and autoimmune diseases. Their ability to leverage cutting-edge technologies, such as AI-driven platforms and high-throughput screening, accelerates the drug discovery process. Additionally, strategic collaborations with CROs, academic institutes, and healthcare providers further enhance their capabilities. Strong financial resources and global market reach reinforce their leadership in driving antibody discovery and development.

The contract research organizations (CROs) segment is the fastest-growing in the antibody discovery market due to the increasing trend of outsourcing R&D activities by pharmaceutical and biotechnology companies. CROs offer specialized expertise, advanced technologies, and cost-efficient solutions that accelerate antibody discovery and development timelines. They provide end-to-end services, including target validation, antibody engineering, preclinical studies, and regulatory support, making them valuable partners in reducing operational burden. Rising demand for flexibility, scalability, and global reach further drives reliance on CROs. Additionally, the growth of complex antibody formats, such as bispecifics and antibody-drug conjugates, is boosting the demand for CRO-led discovery services.

Regional Analysis

Antibody Discovery Market Share, By Region, 2024 (%)

Which Factors Contribute to North America’s Dominance in the Antibody Discovery Market?

The North America region dominates the market share by 40% due to its strong biotechnology and pharmaceutical industry presence, supported by significant R&D investments and advanced infrastructure. The region benefits from a well-established regulatory framework, encouraging faster approvals of novel antibody-based therapies. High prevalence of chronic and autoimmune diseases, coupled with rising demand for targeted biologics, further fuels market growth. Additionally, the presence of leading market players, strong academic research networks, and extensive collaborations drives continuous innovation, reinforcing North America’s leadership in antibody discovery.

U.S. Market Trends

The U.S. leads the antibody discovery market, driven by its robust biotechnology ecosystem, advanced R&D infrastructure, and substantial funding from both government and private investors. High prevalence of cancer, autoimmune disorders, and infectious diseases creates a strong demand for therapeutic antibodies. The U.S. FDA’s supportive regulatory pathways, such as fast-track and breakthrough therapy designations, further accelerate development. Additionally, the presence of global pharmaceutical leaders, extensive clinical trial activities, and strong academic-industry collaborations solidifies the U.S. as the central hub for antibody discovery innovations.

Canada Market Trends

Canada is emerging as a key player in the antibody discovery market, supported by a strong academic research base and government initiatives promoting biotechnology innovation. Increasing investments in healthcare research, particularly in biologics and immunotherapies, are driving growth. Collaborations between Canadian universities, research institutes, and global pharmaceutical companies enhance discovery capabilities. Favorable policies supporting clinical trials and biosimilar development also contribute to market expansion. Rising demand for targeted therapies in oncology and neurology further strengthens Canada’s position as an important market for antibody discovery.

Which Factors Make the Asia-Pacific Region the Fastest-Growing Region in the Antibody Discovery Market?

The Asia-Pacific region is the fastest-growing in the market due to rapid advancements in biotechnology, increasing government support for R&D, and rising healthcare investments. Countries like China, India, and Japan are witnessing strong demand for biologics and targeted therapies, driven by the growing burden of cancer, autoimmune, and infectious diseases. Expanding clinical trial activities, cost-efficient manufacturing, and the rise of domestic biotech firms further accelerate market growth. Additionally, international collaborations and technology transfer agreements are strengthening regional capabilities, positioning Asia-Pacific as a key hub for antibody discovery innovation and development.

Value Chain Analysis

R&D

Steps: Target identification, antibody generation (via phage display, hybridoma, or computational design), lead optimization, and preclinical validation.

Organizations: Pharmaceutical and biotechnology companies (e.g., Roche, Amgen, Regeneron), academic research institutes (e.g., Harvard Medical School, University of Cambridge), and contract research organizations (CROs) specializing in antibody engineering.

Clinical Trial and Approval

Steps: Phase I (safety), Phase II (efficacy), Phase III (large-scale validation), and regulatory review.

Organizations: Pharmaceutical companies, CROs (e.g., WuXi Biologics, Charles River Laboratories), regulatory bodies like the U.S. FDA, EMA (Europe), and PMDA (Japan) that provide guidelines and approvals.

Patient Service and Support

Steps: Manufacturing and distribution of approved antibodies, patient education, therapy administration, and post-market surveillance.

Organizations: Hospitals and clinics, specialty pharmacies, patient advocacy groups, and healthcare providers ensuring therapy access and monitoring. Companies like Pfizer, Novartis, and Johnson & Johnson also provide patient-assistance programs and post-treatment support services.

Top Companies in the Antibody Discovery Market

Antibody Discovery Market Companies

  • AbCellera Biologics
  • Genmab
  • Regeneron Pharmaceuticals
  • WuXi Biologics
  • Adimab
  • Ligand Pharmaceuticals
  • Lonza
  • AstraZeneca (MedImmune)
  • Amgen
  • Pfizer
  • Eli Lilly
  • Roche/Genentech
  • Thermo Fisher Scientific
  • Twist Bioscience
  • MorphoSys
  • Seagen (Pfizer subsidiary)
  • Charles River Laboratories
  • Harbour BioMed
  • MacroGenics
  • Incyte

Latest Announcement by Industry Leaders

In 2025, Jingsong Wang, MD, PhD, CEO of Nona Biosciences, stated that in the first half of 2025, Nona Biosciences, a healthcare company, launched Hu-mAtrlx, an AI-assisted drug discovery engine that integrates with their Harbour Mice platform, aiming to accelerate antibody discovery in therapeutic areas like neurodegenerative and metabolic diseases. The company also deepened global partnerships with entities like Invetx, UAB, Atossa Therapeutics, and Visterra.

Recent Developments in the Antibody Discovery Market

  • In June 2025, Infinimmune launched GLIMPSE-1, a protein language model trained on native human antibody sequences, advancing therapeutic antibody engineering using machine learning.
  • In 2025, Merus and Biohaven announced a collaboration to co-develop three novel bispecific antibody-drug conjugates (ADCs), combining Merus’s Biclonics platform with Biohaven’s payload technologies.

Segments Covered in the Report

By Technology

  • Hybridoma Technology
  • Phage Display
  • Single Cell-Based Methods
  • Transgenic Animal Models
  • AI/ML & Computational Antibody Design
  • Other Emerging Technologiee

By Type of Antibody

  • Monoclonal Antibodies
  • Polyclonal Antibodies
  • Bispecific Antibodies
  • Antibody-Drug Conjugates (ADCs)
  • Other Formats

By Application

  • Oncology
  • Autoimmune & Inflammatory Disorders
  • Infectious Diseases
  • Neurology
  • Cardiovascular & Metabolic Diseases
  • Others

By Service Type

  • In-house Discovery (Pharma/Biotech)
  • Outsourced Services (CROs, CDMOs)

By End User

  • Pharmaceutical & Biotechnology Companies
  • Academic & Research Institutes
  • Contract Research Organizations (CROs)

By Region 

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait

List of Figures

  • Antibody Discovery Market Size in 2025: 9.1%
  • Projected Antibody Discovery Market Size in 2034: 20.71%
  • CAGR of the Antibody Discovery Market (2025 - 2034): 9.54%
  • Revenue Share of Key Regions in 2024:
  • North America: 40%, Asia-Pacific: 20%, Europe: 25%, Latin America: 5%, Middle East & Africa: 10%
  • Market Share by Technology in 2024:
  • Phage Display: 35%, AI/ML & Computational Antibody Design: 5%, Hybridoma Technology: 15%, Single Cell-Based Methods: 10%, Transgenic Animal Models: 10%, Other Emerging Technologies: 25%
  • Market Share by Type of Antibody in 2024:
  • Monoclonal Antibodies: 45%, Bispecific Antibodies: 10%, Polyclonal Antibodies: 15%, Antibody-Drug Conjugates (ADCs): 10%, Other Formats: 20%
  • Market Share by Application in 2024:
  • Oncology: 40%, Autoimmune & Inflammatory Disorders: 15%, Infectious Diseases: 10%, Neurology: 5%, Cardiovascular & Metabolic Diseases: 10%, Others: 20%
  • Market Share by Service Type in 2024:
  • In-house Discovery: 55%, Outsourced Services: 45%
  • Market Share by End User in 2024:
  • Pharmaceutical & Biotechnology Companies: 55%, Contract Research Organizations (CROs): 30%, Academic & Research Institutes: 15%
  • Regional Distribution of the Antibody Discovery Market:
  • North America: 40%, Asia-Pacific: 25%, Europe: 20%, Latin America: 5%, Middle East & Africa: 10%

List of Tables

  • Antibody Discovery Market Overview and Key Takeaways:
  • Market Size in 2025: USD 9.1 Billion, Projected Market Size in 2034: USD 20.71 Billion, CAGR (2025 - 2034): 9.54%
  • Market Share by Technology in 2024:
  • Phage Display: 35%, AI/ML & Computational Antibody Design: 5%, Hybridoma Technology: 15%, Single Cell-Based Methods: 10%, Transgenic Animal Models: 10%, Other Emerging Technologies: 25%
  • Market Share by Type of Antibody in 2024:
  • Monoclonal Antibodies: 45%, Bispecific Antibodies: 10%, Polyclonal Antibodies: 15%, Antibody-Drug Conjugates (ADCs): 10%, Other Formats: 20%
  • Market Share by Application in 2024:
  • Oncology: 40%, Autoimmune & Inflammatory Disorders: 15%, Infectious Diseases: 10%, Neurology: 5%, Cardiovascular & Metabolic Diseases: 10%, Others: 20%
  • Market Share by Service Type in 2024:
  • In-house Discovery: 55%, Outsourced Services: 45%
  • Market Share by End User in 2024:
  • Pharmaceutical & Biotechnology Companies: 55%, Contract Research Organizations (CROs): 30%, Academic & Research Institutes: 15%
  • Regional Market Share of Antibody Discovery in 2024:
  • North America: 40%, Asia-Pacific: 25%, Europe: 20%, Latin America: 5%, Middle East & Africa: 10%

Tags

  • Last Updated: 24 September 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Deepa Pandey is a focused and detail-oriented market research professional with growing expertise in the healthcare sector, delivering high-quality insights across therapeutic areas, diagnostics, biotechnology and healthcare services.

Learn more about Deepa Pandey

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi plays a critical role in ensuring the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar

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FAQ's

The antibody discovery market is worth USD 9.1 billion in 2025, and by 2034, it is forecasted to hit USD 20.71 billion, registering a CAGR of 9.54% over the decade.

North America is leading the antibody discovery market share by 40% due to the extensive collaborations, presence of leading market players, and strong academic research networks.

The antibody discovery market includes six segments including by technology, by type of antibody, by application, by service type, by end-user, and by region.

Key trends include the advancements in antibody formats, increasing investment & funding, and adoption of inorganic growth strategies.

The Antibody Society, Personalized Medicine Coalition, International Union of Immunological Societies, Government of Canada, National Institutes of Health (NIH), Food and Drug Administration, clinicaltrials.gov, GOV.UK