PUBLISHER: The Business Research Company | PRODUCT CODE: 1889375
PUBLISHER: The Business Research Company | PRODUCT CODE: 1889375
Erythrocyte monoclonal antibody is a laboratory-engineered antibody that specifically targets antigens found on red blood cells (erythrocytes). It is used to detect, identify, or measure particular blood group antigens in immunohematology and transfusion medicine. These antibodies are commonly employed in blood typing, compatibility testing, and diagnosing certain blood-related disorders.
The key types of erythrocyte monoclonal antibodies include immunoglobulin G (IgG) monoclonal antibody, immunoglobulin M (IgM) monoclonal antibody, immunoglobulin A (IgA) monoclonal antibody, and immunoglobulin E (IgE) monoclonal antibody. Immunoglobulin G (IgG) monoclonal antibody refers to a laboratory-produced antibody of the IgG class that is engineered to bind specifically to a single target antigen. It can be sourced from human-derived, mouse-derived, chimeric, or humanized antibodies. It is used in techniques such as flow cytometry, enzyme-linked immunosorbent assay (ELISA), Western blot, immunoprecipitation, and others, and serves various end users including hospitals, clinical laboratories, academic and research institutions, and pharmaceutical companies.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sudden escalation of U.S. tariffs and the consequent trade frictions in spring 2025 are severely impacting the pharmaceutical companies contend with tariffs on APIs, glass vials, and lab equipment inputs with few alternative sources. Generic drug makers, operating on razor-thin margins, are especially vulnerable, with some reducing production of low-profit medicines. Biotech firms face delays in clinical trials due to tariff-related shortages of specialized reagents. In response, the industry is expanding API production in India and Europe, increasing inventory stockpiles, and pushing for trade exemptions for essential medicines.
The erythrocytes monoclonal antibody market research report is one of a series of new reports from The Business Research Company that provides erythrocytes monoclonal antibody market statistics, including erythrocytes monoclonal antibody industry global market size, regional shares, competitors with a erythrocytes monoclonal antibody market share, detailed erythrocytes monoclonal antibody market segments, market trends and opportunities, and any further data you may need to thrive in the erythrocytes monoclonal antibody industry. This erythrocytes monoclonal antibody market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The erythrocytes monoclonal antibody market size has grown rapidly in recent years. It will grow from $3.08 billion in 2024 to $3.47 billion in 2025 at a compound annual growth rate (CAGR) of 12.8%. Growth in the historic period can be attributed to increasing demand for accurate blood typing and cross-matching, a global rise in the prevalence of blood disorders and anemia, greater adoption of monoclonal antibody-based diagnostic methods, heightened awareness of the importance of prenatal and neonatal blood testing, and a growing incidence of autoimmune and genetic blood disorders.
The erythrocytes monoclonal antibody market size is expected to see rapid growth in the next few years. It will grow to $5.54 billion in 2029 at a compound annual growth rate (CAGR) of 12.4%. Growth in the forecast period can be linked to rising demand for personalized medicine and targeted therapies, increased integration of monoclonal antibody testing, expanded government initiatives and funding, and a continued rise in autoimmune and genetic blood disorders. Key trends expected during the forecast period include the expansion of automated blood typing and diagnostic platforms, wider adoption of point-of-care testing, development of multi-specific and highly sensitive antibody kits, implementation of cloud-based data management systems, and a stronger emphasis on research and innovation in personalized transfusion therapies and immunohematology.
The rising prevalence of blood diseases is expected to drive the growth of the erythrocytes monoclonal antibody market going forward. Blood diseases refer to medical conditions that affect the composition, function, or production of blood, including disorders of red blood cells, white blood cells, platelets, hemoglobin, or plasma. The increasing incidence of blood diseases is primarily linked to the growing prevalence of chronic illnesses, which directly influence blood health and require continuous monitoring. Erythrocytes monoclonal antibodies support the management of blood diseases by specifically targeting red blood cell antigens, enabling precise blood typing and compatibility testing. They assist in diagnosing and monitoring transfusion-related conditions, enhancing patient safety and treatment effectiveness. For example, in July 2024, the Perth Blood Institute, an Australia-based nonprofit organization, reported that around 19,400 Australians are diagnosed with blood cancers each year, with cases expected to reach 275,000 by 2035. Therefore, the rising occurrence of blood diseases is contributing to the expansion of the erythrocytes monoclonal antibody market.
The rising demand for personalized medicine is expected to drive the growth of the erythrocytes monoclonal antibody market going forward. Personalized medicine is a healthcare approach that tailors treatments to individual patients based on genetic, environmental, and lifestyle factors to improve outcomes and overall care. Demand for personalized medicine is increasing due to advancements in genomic technologies, which enable the accurate identification of genetic variations and customized treatment strategies. Erythrocytes monoclonal antibodies support personalized medicine by ensuring precise blood typing and antigen matching, making them suitable for individualized transfusions and targeted therapies. They enhance patient outcomes by improving the accuracy of diagnosis, monitoring, and management of blood-related conditions. For instance, in February 2024, the Personalized Medicine Coalition (PMC), a US-based nonprofit organization, noted that the U.S. Food and Drug Administration (FDA) approved 26 new personalized medicines in 2023, up from 12 in 2022. Therefore, the growing demand for personalized medicine is accelerating the expansion of the erythrocytes monoclonal antibody market.
In March 2023, Werfen S.A., a Spain-based in vitro diagnostics and medical technology company, acquired Immucor Inc. for approximately $2 billion. This acquisition enables Werfen to strengthen its leadership in transfusion and immunohematology diagnostics by expanding its range of erythrocyte monoclonal antibodies and blood-grouping reagents. Immucor Inc. is a US-based immunohematology and transfusion diagnostics company that specializes in erythrocyte monoclonal antibodies.
Major companies operating in the erythrocytes monoclonal antibody market are Micro Life Sciences Pvt. Ltd., Bio-Rad Laboratories Inc., Bio-Techne Corporation, OriGene Technologies Inc., RayBiotech Inc., Creative Diagnostics Inc., Diagast S.A., JMitra & Co. Pvt. Ltd., Mediclone Biotech Pvt. Ltd., LifeSpan BioSciences Inc., Arigo Biolaboratories Corporation, Alba Bioscience Ltd., MyBioSource Inc., Siwa Biotech Corp., Lorne Laboratories Ltd., Tulip Diagnostics Pvt. Ltd., Shiva Scientific Pvt. Ltd., Biorbyt Ltd., Assay Genie Pvt. Ltd., Abbexa Ltd.
North America was the largest region in the erythrocytes monoclonal antibody market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in erythrocytes monoclonal antibody report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the erythrocytes monoclonal antibody market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The erythrocytes monoclonal antibody market consists of sales of anti-A, anti-B, anti-D (Rh), blood group typing antibodies, diagnostic reagents, antibody panels, and related immunohematology products. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Erythrocytes Monoclonal Antibody Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on erythrocytes monoclonal antibody market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for erythrocytes monoclonal antibody ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The erythrocytes monoclonal antibody market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.