Protein Purification & Isolation Market Is Predicted To Grow Swiftly Due To Increased Research In The Fields Of Biotechnology & Pharmaceuticals Till 2025: Grand View Research, Inc.
The global protein purification and isolation market is expected
to be USD 9.5 billion by 2025, based on a new report by Grand View Research,
Inc. Increased funding from both public and private research organizations for
research and development of structure-based drugs and technological
advancements are key drivers for the market.
Demand is increasing for the
development of protein purification products based on single use purification
process owing to increased proteomics research and rising need to identify new
protein-based ligands with high specificity. Availability of a wide range of
novel resins specific for different end users is estimated to be one of the
drivers increasing the adoption rate of protein purification techniques.
U.S. protein purification & isolation market, by
technology, 2014 - 2025 (USD Billion)
Browse full research
report on Protein Purification & Isolation Market: http://www.grandviewresearch.com/industry-analysis/protein-purification-isolation-market
Further key findings from the report suggest:
- Reagents were
observed to be the largest as well as the fastest growing segment under
the product outlook. These are highly used during cell lysis and help in
separating soluble proteins from the cell debris.
- Increasing
adoption of automated protein purification techniques for achieving
desired purity & process consistency and saving time is estimated to
result in stable growth of the segment
- On the basis
of technology, chromatography held a significant share of the market owing
to factors such as high reliability, availability of a wide range of
products, and improved results for purifying complex proteins.
- High R&D
initiatives undertaken by market players for the screening of potential
drugs through protein-protein interaction and structure-based studies is
estimated to contribute toward fastest growth of the drug screening
segment
- By end use,
CROs are considered as the fastest growing segment. Increase in
investments in the R&D sector is expected to contribute toward market
growth
- In 2016,
North America held the largest share owing to advancements in the
technology, presence of major players, and established infrastructure
especially in this region, which acts as a driving force to the market
- The highest
CAGR is anticipated in Asia Pacific over the forecast period due to a rise
in economic stability, increasing number of CROs, and growing R&D in
academic & research institutes
- Some of the
key players of this market are Thermo Fisher Scientific; Merck KGaA;
Sigma-Aldrich Co.; QIAGEN; Bio-Rad Laboratories, Inc.; Agilent
Technologies; Promega Corporation; GE Healthcare; Norgen Biotek
Corporation; and Abcam plc.
- Some of the
strategies implemented by these companies are mergers & acquisitions,
strategic collaborations, and expansion of product portfolio through
R&D initiatives, which have helped the market grow.
Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-protein-purification-isolation-market
About Grand View Research, Inc:
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more information: http://www.grandviewresearch.com
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