Protein Purification and Isolation Market is anticipated to reach a valuation of US$ 17.41 Billion by 2032

The global Protein Purification and Isolation market forecast to grow rapidly, with a CAGR of 10.6% from 2022 to 2032, resulting in a market size of US$ 17.41 billion by 2032, up from US$ 8.29 billion in 2022.

The increasing relevance of producing novel ligands, such as protein-based medicines, is a major driver of protein purification and separation demand. Furthermore, increased use of purification kits in quick screening tests is projected to drive market expansion.

A trend towards more technologically advanced instruments, as well as the rise of the proteomics sector, are driving the Protein Purification and Isolation market. These factors, together with rising R&D in the biotechnology and pharmaceutical sectors, are likely to boost global market share growth.

The Protein Purification and Isolation business is predicted to profit from unexplored growth areas and growing usage of protein treatments, which will lead to higher sales of purification and separation equipment, including automated analyzers.

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Current trends include agarose beads, different resins, magnetic and protein beads, and ligand tagging approaches, which are driving the rising need for protein purification and separation.

The low instrument adoption rate, the difficulty of maintaining purification kits that suit all criteria, and the high cost of equipment are among the challenges to the Protein Purification and Isolation market’s growth prospects.

Key Takeaways from Market Study

• With a 59% market share in 2021, consumables dominated the Protein Purification and Isolation industry.
• During the forecast period, chromatography is expected to increase significantly in the Protein Purification and Isolation market, with a market share of more than 24% in 2021.
• The Protein Purification and Isolation market is predicted to grow rapidly in the coming years, with protein interactions accounting for the biggest revenue share of more than 29% in 2021.
• In 2021, academic and research institutes will account for more than 35.0% of total revenue.
• With a revenue share of 47% in 2021, North America had the greatest revenue share. There are several variables driving the sales of Protein Purification and Isolation in the region, including high funding for life science research, well-established research infrastructure, and the presence of these elements.
• Asia Pacific is predicted to have the highest growth potential in the Protein Purification and Isolation market.

“As pharmaceutical and biotechnological research for the development of novel treatments evolve, there is an increase in the demand for Protein Purification and Isolation. Pharmaceutical companies’ rising R&D expenditures are predicted to drive the Protein Purification and Isolation market share.”– Future Market Insights Analyst.

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Competitive Landscape

Protein Purification and Isolation market key players are creating cutting-edge products that are predicted to boost Protein Purification and Isolation market growth.

More than 25 companies service the mature and highly fragmented protein purification and separation market. As a consequence of recent R&D advances, the market for Protein Purification and Isolation is predicted to grow over the forecast period.

Product development, geographic expansion, mergers, acquisitions, and collaborations are among the techniques used by startups in the protein purification and separation business to enhance their market share.

The following companies are among the major players in the global protein purification & isolation market: Merck KGaA, Thermo Fischer Scientific, Inc., GE Healthcare Life Sciences, Qiagen N.V., Sigma-Aldrich Corporation, Agilent Technologies, Bio-Rad Laboratories, Inc., Promega Corporation, Abcam.

Recent Developments in Protein Purification & Isolation Market:

• In March 2022, Thermo Fisher Scientific and Symphogen stated that their partnership would continue to deliver biopharmaceutical research and development facilities as well as platform workflows for quality assurance and efficient characterization of complex therapeutic proteins.
• In September 2021, GE Healthcare Life Sciences announced that it had successfully purchased BK Medical from Altaris Capital Partners, LLC for an upfront cash payment of USD 1.45 billion.
• QIAGEN N.V. released three nucleic acid extraction kits using QIAwave in January 2022. These kits require less supplies. These devices were developed in partnership with clients to address the ongoing problem of laboratory waste that researchers throughout the world face.
• Purolite, a manufacturer of resin-based chromatography isolation, unveiled two next-generation chromatography resins in October 2021.

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Key Segments

By Technology:

• Ultrafiltration
• Precipitation
• Preparative Chromatography Techniques
  • Ion Exchange Chromatography
  • Affinity Chromatography
  • Reversed-phase Chromatography (RPC)
  • Hydrophobic Interaction Chromatography (HIC)
  • Size-exclusion Chromatography (Gel Filtration)
• Electrophoresis
  • Gel Electrophoresis
  • Isoelectric Focusing
  • Capillary Electrophoresis
• Western Blotting (Immunoblotting)
• Dialysis and Diafiltration
• Centrifugation

By Application:

• Drug Screening
• Protein-protein Interaction Studies
• Biomarker Discovery
• Target Identification
• Protein Therapeutics
• Disease Diagnostics and Monitoring

By Product:

• Instruments
• Consumables
  • Protein Purification Kits
  • Reagents
  • Prepacked Columns
  • Protein Purification Resins
  • Magnetic Beads
  • Others (Filters, Plasticwares, Chromatography Solvents, and Standards for Chromatography and Electrophoresis)

By End User:

• Academic Medical Institutes
• Hospitals and Diagnostic Centers
• Pharmaceutical and Biotechnology Companies
• Contract Research Organizations

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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