The protein purification and isolation global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Protein Purification and Isolation Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The protein purification and isolation market size has grown rapidly in recent years. It will grow from $8.66 billion in 2023 to $9.58 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to increased research and development in biopharmaceuticals, growth of the biotechnology industry, rising demand for high-quality proteins, expansion of academic and research institutes, advancements in chromatography techniques.
The protein purification and isolation market size is expected to see rapid growth in the next few years. It will grow to $14.61 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to growing biologics market, increased funding for life sciences research, demand for personalized medicine, expansion of contract manufacturing organizations (cmos), increasing demand for rapid screen tests. Major trends in the forecast period include single-use systems in protein purification, high-throughput purification technologies, emphasis on continuous processing, integration of automation in protein purification, focus on sustainable and environmentally friendly practices.
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Scope Of Protein Purification and Isolation Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
An increase in spending by governments on research and development in pharmaceuticals and biotechnology is expected to propel the growth of the protein purification and isolation market going forward. Research and development refer to gathering knowledge to create new products or discover new ways to improve their existing products and services. An increase in spending on research and development helps to develop advanced protein purification processes and also provides various other benefits, such as purified growth factors of hormones, DNA polymerases, and reverse transcriptases. For instance, according to the Indian Brand Equity Foundation, an India-based export promotion agency, the Indian government has allocated USD 10.35 billion and the Department of Health Research has allocated USD 365.68 billion, respectively, towards the promotion of the pharma sector for the year 2021. Further, according to The Good Food Institute, a US-based alternative protein innovation organization, in 2021, the US Department of Agriculture and National Science, a US-based food safety organization, spent USD 50 million on advancements in the development of alternative proteins. Therefore, the increasing spending by governments on research and development in pharmaceuticals and biotechnology is driving the growth of the protein purification and isolation markets.
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
The protein purification and isolation market covered in this report is segmented –
1) By Product: Instruments, Consumables
2) By Technology: Ultrafiltration, Precipitation, Preparative Chromatography, Electrophoresis, Western Blotting, Dialysis and Diafiltration, Centrifugation
3) By Application: Drug Screening, Protein-Protein Interaction Studies, Biomarker Discovery, Target Identification, Protein Therapeutics, Disease Diagnostics and Monitoring
4) By End User: Academic Medical Institutes, Hospitals and Diagnostic Centers, Pharmaceutical and Biotechnology Companies, Contract Research Organizations
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Regional Insights –
North America was the largest region in the protein purification and isolation market in 2023. The regions covered in the protein purification and isolation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the protein purification and isolation market report are Abcam PLC, Agilent Technologies Inc, Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., BioVision Inc., Norgen Biotek Corp., GE Healthcare Technologies Inc., GEA Group AG, Expedeon Ltd., Creative Biostructure, Qiagen NV, Geno Technology Inc., The Merck Group, Labome, Promega Corporation, OPRL Biosciences Pvt. Ltd., Purolite LLC, Takara Bio Inc., F. Hoffmann-La Roche Ltd, Sigma-Aldrich Chemicals Private Limited, Cygnus Technologies LLC, Novasep, Kinnakeet Biotechnology LLC, Cambryn Biologics LLC, Worthington Biochemical Corporation, GenScript Biotech Corporation, Creative BioMart, OriGene Technologies Inc., Proteintech Group Inc., Rockland Immunochemicals Inc., Sino Biological Inc.
Table of Contents
1. Executive Summary
2. Protein Purification and Isolation Market Report Structure
3. Protein Purification and Isolation Market Trends And Strategies
4. Protein Purification and Isolation Market – Macro Economic Scenario
5. Global Protein Purification and Isolation Market Size and Growth
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31. Global Protein Purification and Isolation Market Competitive Benchmarking
32. Global Protein Purification and Isolation Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Protein Purification and Isolation Market
34. Protein Purification and Isolation Market Future Outlook and Potential Analysis
35. Appendix
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