United States Nanobodies Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

United States Nanobodies Market is Segmented By Product Type (Monovalent Nanobodies, Bivalent Nanobodies, Bispecific Nanobodies, Biparatopic Nanobodie....

United States Nanobodies Market Size

Market Size in USD

CAGR17.3%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR17.3%
Market ConcentrationMedium
Major PlayersMerck KGaA, Sanofi, GenScript, Numab Therapeutics, CUSABIO TECHNOLOGY LLC
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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United States Nanobodies Market Analysis

The United States Nanobodies Market is estimated to be valued at USD 109.87 Mn in 2024 and is expected to reach USD 334.97 Mn by 2031, growing at a compound annual growth rate (CAGR) of 17.3% from 2024 to 2031.

Factors such as increasing investment in research and development for production of nanobodies for various therapeutic applications, rising demand for nanobodies due to their high specificity and ability to target complex epitopes are driving the market growth.