Protein A Resin Market is Expected to Reach US$ 689.4 Mn by 2025
Global Protein A Resin Market is Expected to Reach US$ 689.4 Mn by 2025, Surge in R&D for the Development of Newer Products
Analyst Speak:
“The Global Protein A Resin Market is expected to reach US$ 689.4 Mn by 2025 owing to growth in R&D for the development of newer products”
The global protein A resin market is expected to reach US$ 689.4 Mn by 2025. The factors which are streaming the growth of the protein A resin market are ongoing progress in antibody engineering, development of different antibodies with range of clinical applicability, and increasing prevalence of several diseases such as cancer, herpes simplex virus, and HIV etc. Additionally, a noteworthy amount of antibodies are still in investigational phase waiting for their approval in coming years will surge the growth of global protein A resin market in the forecast period. The demand of antibodies especially monoclonal is increasing day by day so the regulatory authorities are also approving a substantial number of antibodies to cope up with its demand. Moreover, its comfortable size is surging the industries to use this technique over other methods of separation.
On the flip side high cost of the protein A makes chromatography an expensive technique which may impact the protein A market growth in foreseeable future.
Global protein A resin market is segmented on the basis of matrix type, application, end user, and region.
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Antibody Separation Dominate the Global Protein A Resin Market
Based on the application, global protein A resin market is segmented into immunoprecipitation and antibody separation. Antibody separation tends to dominate the global protein A resin market owing to its wide range of applicability in research and development sector. The increasing demand for therapeutic antibodies are surging the market growth of antibody separation in near future.
North America Leads the Global Protein A Resin Market
PBI’s global protein A resin market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America protein A resin market dominated the global protein A resin market through 2014-2018 and expected to dominate over 2019-2025 due to the presence of major key players over there, rising government funding and establishment of biotechnological and pharmaceutical industries. Asia Pacific protein A resin market is expected to grow in the forecast years owing to the presence of emerging economies, increasing research and development expenditure in the companies, and improving pharmaceutical industry sector.
Launch of newer products, and strategic alliances are the key strategies adopted by market players
Global protein A resin market further reveals that the key players increasingly adopting strategies such as launch of newer products, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, in September 2017, GE Healthcare launched a new protein A chromatography resin, and also announced that they will spend $70 Mn per year for the next five year to produce it.
In June 2017, Purolite Life Sciences and Chroma Tan collaborated to develop and commercialize a novel protein A resin bead.
Key player’s profiles in the report are Purolite Life Science (US), Novasep Holding SAS (Novasep) (U.S.), GE Healthcare (U.S.), Thermo Fisher Scientific Inc. (U.S.), E. Merck KG (Merck KGaA) (Germany), JSR Corporation (Japan), Tosoh Corporation (Japan), Repligen Corporation (U.S.), Expedeon Ltd. (U.S.), and GenScript (U.S.).
Precision Business Insights (PBI) in its report titled “Global Protein A Resin Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.
Detailed Segmentation
By Matrix Type
• Glass or Silica
• Organic Polymer
• Agarose
By Application
• Immunoprecipitation
• Antibody Separation
By End-User
• Biopharmaceutical Industries
• Clinical Research Laboratories
• Academic Institutions
Geography
o North America
• US
• Canada
o Europe
• Germany
• France
• UK
• Italy
• Spain
• Russia
• Poland
• Rest of Europe
o Asia-Pacific
• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific
o Latin America
• Brazil
• Mexico
• Argentina
• Rest of Latin America
o Middle East and Africa (MEA)
• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA
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