The global protein purification and isolation market size is expected to reach USD 11.2 billion by 2027, according to a new report by Grand View Research, Inc., registering a CAGR of 8.3% over the forecast period. Increase in technological advancements and investments for the development of structure-based drugs by both private and public research organizations are driving the demand for protein purification and isolation products.
Rising
demand for the development of single-use products for purification due to
increasing need to classify novel protein-based ligands with high specificity
and improved proteomics research are further driving market growth. Another
factor driving the adoption rate of protein purification techniques is the
availability of an extensive range of innovative resins for various
applications.
The
key players operating in the market are Merck KGaA; Thermo Fisher Scientific;
Qiagen; Sigma-Aldrich Co.; GE Healthcare; Agilent Technologies; Bio-Rad
Laboratories, Inc.; Norgen Biotek Corporation; Abcam plc, and Promega
Corporation. Market players are adopting strategies such as expansion of
product portfolio through R&D initiatives, mergers, acquisitions, and
strategic collaborations to further strengthen their position in the market.
Full Research Report On Protein Purification And Isolation Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/protein-purification-isolation-market
Further key
findings from the report suggest:
- The reagents segment is
estimated to register a significant growth rate over the forecast period.
This is attributed to its high usage in cell lysis and increased
commercialization of advanced resins
- On the basis of
technology,chromatography emerged as the leading segment in 2019 owing to
the availability of a varied range of products, enhanced results for
complex protein purification, and high reliability
- Drug screening is estimated
to be the fastest-growing application segment over the forecast period
owing to factors such as high efficacy and increasing R&D investments
by manufacturers for the screening of novel drugs
- Contract research
organizations (CROs) are projected to witness a significant growth rate
over the forecast period. This is attributed to increasing R&D
investments and growing number of preclinical trials outsourced by drug
development firms
- North America dominated the
global protein purification and isolation market in 2019 owing to factors
such as established research infrastructure, presence of major players,
and technological advancements in the region
- Asia Pacific is estimated to
register the highest CAGR over the forecast period due to increasing
economic stability, growing number of CROs, and R&D activities in
academic and research institutes.
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Grand View Research has segmented
the global protein purification and isolation market based on product,
technology, application, end use, and region:
Protein
Purification And Isolation Product Outlook (Revenue, USD Million, 2016 - 2027)
- Instruments
- Consumables
- Kits
- Reagents
- Columns
- Magnetic Beads
- Resins
- Others
Protein
Purification And Isolation Technology Outlook (Revenue, USD Million, 2016 -
2027)
- Ultrafiltration
- Precipitation
- Chromatography
- Ion Exchange Chromatography
- Affinity Chromatography
- Reversed Phase
Chromatography
- Size Exclusion
Chromatography
- Hydrophobic Interaction
Chromatography
- Electrophoresis
- Gel Electrophoresis
- Isoelectric Focusing
- Capillary Electrophoresis
- Western blotting
- Others
Protein
Purification And Isolation Application Outlook (Revenue, USD Million, 2016 -
2027)
- Drug Screening
- Biomarker Discovery
- Protein-protein Interaction
Studies
- Diagnostics
Protein
Purification And Isolation End-Use Outlook (Revenue, USD Million, 2016 - 2027)
- Academic and Research
Institutes
- Hospitals
- Pharmaceutical and
Biotechnological Companies
- CROs
Protein
Purification And Isolation Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Spain
- Italy
- Asia Pacific
- Japan
- China
- India
- South Korea
- Latin America
- Brazil
- Mexico
- Colombia
- Chile
- Middle East and Africa (MEA)
- South Africa
- UAE
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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