As per this study, the Global Protein A Resin Market was valued USD 2.36 BN (by revenue) in 2022 and is anticipated to reach USD 4.24 BN by 2030 with a CAGR of 7.59%.
Protein A resin is referred to as the media used in affinity chromatography for purification of different monoclonal antibodies. These media is designed to perform easier and one step purification of various fragments and subclasses of mAb from cell culture or a mixture of biological fluids. In addition to this, it is also used to carry out immunoprecipitation of different antigens and protein complex. The protein A resins bind with high specificity to obtain adequate product purity and thus used commonly in bio manufacturing.
Market Dynamics
The market is expected to witness substantial growth owing to growing demand for monoclonal antibodies. The growing incidence of chronic medical conditions, the rise in funding for drug development research activities and increasing demand for affinity chromatography are some of the prominent factors accelerating the market growth. In addition to this, the ongoing trend of outsourcing research activities resulting in higher demand for contract research organization is also contributing to the growth of protein A resin market. Despite this, the high cost of Protein A resin may hinder market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of protein A resin.
Market Segmentation
The broad protein A resin market has been sub-grouped into application, product, matrix type and end-use. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Type
- Natural Protein A
- Recombinant Protein A
By Product
- Agarose-based Protein A
- Glass/Silica-based Protein A
- Organic Polymer-based Protein A
By Application
- Antibody Purification
- Immunoprecipitation
By End-users
- Pharmaceutical & Biopharmaceutical Companies
- Academic Research Institutes
- Others
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for protein A resin in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Protein A Resin Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the Protein A Resin market includes GE Healthcare, Merck Millipore, PerkinElmer Inc., GenScript Biotech Corp., Agilent Technologies, Repligen Corp., Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., Abcam PLC, Novasep Holdings SAS. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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