Global Nano Antibodies Market: Overview
- Nano antibodies are a novel class of proprietary therapeutic proteins based on single-domain antibody fragments that contain unique structural and functional properties of naturally-occurring heavy chain only antibodies. Nano antibodies, also known as nAb, are single-domain VHH antibodies derived from the Camelidae family of mammals such the llamas, camels, and alpacas.
- Nano antibodies are easier to produce in bulk than polyclonal antibodies. Additionally, these are stable at a range of temperatures and extreme pH levels. Moreover, relatively small size of nano antibodies allows for easy genetic engineering, thereby lowering overall production cost.
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Key Drivers of Global Nano Antibodies Market
- Increase in incidence of cancer has induced practitioners and non-specialists to use nano antibodies for practice and surgery. Moreover, in the past few years, nano antibodies have been extensively used in oncology and hematology procedures for the treatment of life-threatening diseases. This is projected to be a key driver of the global nano antibodies market.
- However, nanobodies have significant limitations and disadvantages, which restrains usage. The heavy chain antibodies from which nanobodies are developed can only be obtained from camelids. Traditional monoclonal antibodies, on the other hand, are obtained from mice. Therefore, the development of nano antbodies requires larger, more complicated housing and animal husbandry for obtaining the desired antibody.
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North America to Account for Major Share of Global Nano Antibodies Market
- In terms of region, the global nano antibodies market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America is projected to dominate the global market during the forecast period. Rise in prevalence of chronic diseases and increase in investments by leading drug manufacturers in research & development activities that could bring new developments and inventions pertaining to nano antibodies are anticipated to drive the market in the region.
- The market in Asia Pacific is expected to grow at a rapid pace due to increase in investment by emerging markets such as China and India in R&D and surge in health care spending
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