Global Nanobodies Market- Regional Analysis
Among regions, North America is estimated to hold a dominant position in the global nanobodies market over the forecast period. North America is estimated to hold 33.5% of the market share in 2023. The global nanobodies market is expected to witness significant growth in the near future, driven by the increasing adoption of inorganic growth strategies such as acquisition by the key market players in the North America region. For instance, in October 2020, Proteintech Group, Inc., a biotechnology company, announced the acquisition of ChromoTek, a manufacturer of Camelid single-domain antibodies or nanobodies.
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