Protein A Resins Market to Reach US$ 1,477.01 million by 2033: Capitalizes on Monoclonal Antibody Exploration and Drug Development Pace | FMI

In 2023, the Protein A Resins Market is anticipated to reach US$ 677.84 million. By 2033, the market is expected to reach US$ 1,477.01 million, as predicted by a new report by Future Market Insights. The market is anticipated to experience a CAGR of 8.1% from 2023 to 2033.

Protein A resins find a remarkable rate of application in monoclonal antibody production. There has been a terrific surge in demand for monoclonal antibodies in therapeutic areas like oncology, autoimmune, neurological, and inflammatory disorders. Naturally, leading pharmaceutical companies are centering their focus on developing and investigating therapeutic antibodies. This is for the advancement of the medical sector at large. Some common factors helping the market go forward include the exploration of monoclonal antibodies, the accelerated pace of the drug development process assumed by biopharmaceutical and biotechnology industries, and raised expenditure in synthetic biology.

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The rising demand for protein-engineered products utilized for therapeutics and vaccine development by the biopharma industries is expected to fuel market growth. Additionally, elevated demand for pre-packed disposable columns positively impacts the market. Government fundings for new research are likely to be high in developed countries such as the United States. This is additionally underpinned by superior quality infrastructure held by the country. Furthermore, the pharmaceutical industry is making substantial efforts to advance the medical field and bridge the gap between patients and healthcare facilities by working on therapeutics’ cost-effectiveness.

Progress in monoclonal antibody research is expected to uplift the market. It is also expected to unveil noteworthy growth prospects for players showing interest in this market.  Manufacturers are also considering shifting their base to emerging territories like China and Japan, which show notable demand for protein A resins.

Top Highlights from the FMI’s Analysis of the Protein A Resins Market:

• The United States protein A resins industry is expected to acquire more than 93.5% value share of the North America market.
• Within Europe, the United Kingdom protein A resins industry is expected to take 24.1% of the pie in 2033.
• The China market is anticipated to enlarge at a CAGR of 9.8% over the upcoming years.
• High demand for natural protein A resin is expected to yield a large market share in 2023.
• Under the matrix category, the agarose-composed matrix of protein A resins is expected to record 85.8% of the market share in 2023.
• The antibody purification segment is projected to gain 74.8% of the global market.
• The biopharmaceutical manufacturers segment is expected to emerge as the chief end user of the market, gaining as high as 79.2% of the market in 2023.

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Newsflash Straight from Leading Market Players

• Navigo Proteins GmbH introduced an affinity resin extracted from a baculovirus insect cell known as glycoprotein gp64 in June 2022. For the success of this process, precision capture technology was deployed. This resin can be employed for the vaccine production process.
• Agilent Technologies joined forces with Delaware State University in September 2022 to accelerate the base of minority students who opt for STEM careers.
• Tosoh Biosciences LLC finalized its acquisition of Semba Biosciences in October 2021. The latter is a privately held prominent innovator in multi-column chromatography (MCC) technology and instrumentation. With this recent development, the former company is expected to observe ease in the downstream purification of biologics.
• Navigo and Repligen fulfilled their co-development of a new affinity ligand in September 2021.
• The Life Sciences operations of GE Healthcare were obtained by Danaher Corporation and remarketed as Cytiva in May 2021.

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Key Players in the Market are:

• GE Healthcare
• Thermo Fisher Scientific
• Kaneka Corporation,
• JNC Corporation
• Purolite Life Sciences
• Bio-Rad Laboratories, Inc.
• JSR Corporation (JSR Life Sciences LLC)
• Repligen
• Tosoh Bioscience, Merck Group (Merck Millipore)
• Novasep Holdings SAS, Agilent Technologies, Inc.
• GenScript, Abcam PLC (Expedeon Ltd.)
• Avantor Inc.
• Takara Bio, PerkinElmer, Inc.
• Suzhou Nanomicro Technology Co., Ltd

Protein A Resins Market by Category

Product:

• Natural Protein A Resin
• Recombinant Protein A Resin

Matrix:

• Agarose-based Matrix
• Glass or Silica-based Matrix
• Organic Polymer-based Matrix

Application:

• Immunoprecipitation
• Antibody Purification

End User:

• Biopharmaceutical Manufacturers
• Clinical Research Laboratories
• Academic Institutes

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Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• The Middle East and Africa (MEA)

About Future Market Insights (FMI)

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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