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Protein A Resins Market 2020 growth factors, latest trend and regional analysis of leading players by 2026

Author : Ronak Bora | Published Date : 2020-09-04 

Growing preference towards chromatography technology for development and purification of drugs is likely to drive global protein A resins market trends. Protein A resin chromatography is majorly used to prepare large volumes of pure materials, by analyzing and removing trace of contaminates in the product. Around 99% purity can be achieved in most generic form by utilizing protein A resins.

Increasing spending on research activities for drug discovery and development as well as for cancer-related research may positively impact protein A resins demand. Monoclonal antibodies are experiencing mounting demand for therapeutic and research purpose, which may further fuel product penetration in the coming years. Protein A resins market size is touted to cross the USD 1 billion mark by 2026.

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Various government and private organizations are focused on protein-based research projects. Continuous research pertaining to drug discovery has fueled the demand for protein A resins. Moreover, large-scale adoption of chromatography technology for drug development as well as purification may offer major opportunities for the business growth.

Emerging economies are also spending heavily in drug development, resulting in increased demand for protein A resin across regional clinical research organizations. Also, increasing requirement for chromatography in drug approval procedure utilizing protein A resins will foster the industry size.

Monoclonal antibodies are ideal for a wide range of application for the treatment of chronic disease like cancer and various autoimmune disorders. As the number of cancer patients across the globe rise, need for effective treatment for the disease is also mounting. Keeping the fatality of the disease in consideration, several manufacturers are focusing on large scale production of monoclonal antibodies.

Worldwide, various antibodies are in development phase and many of them are getting approval from the FDA. For instance, the Food and Drug Administration approved 68 monoclonal antibodies in 2017, for several therapeutic uses and around 50 new antibodies are currently in the last phase of evaluation. Protein A resins are majorly used for purification of monoclonal antibodies. Antibody purification segment in the market is forecast to grow at 8.8% CAGR over 2020-2026.

Europe is among the leading markets for biopharmaceutical and biotech products owing to a robust healthcare and research sector. Ongoing R&D activities for the discovery of novel drugs to cater to large unmet medical needs, as well as increasing approval of various monoclonal antibodies in Germany will favor the regional growth.

Also, Germany being is one of the most developed countries in terms of technology and is spending hefty amounts for funding on R&D in biotechnology. Germany protein A resins market is likely to showcase growth rate of nearly 8.6% CAGR over the projected timeframe. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/protein-a-resins-market

Partial Chapter of the Table of Content 

Chapter 4. Protein A Resins Market, By Application

4.1. Key segment trends

4.2. Immunoprecipitation

4.2.1.  Market size, by region, 2015 - 2026 (USD Million)

4.3. Antibody Purification

4.3.1.  Market size, by region, 2015 - 2026 (USD Million)

Chapter 5. Protein A Resins Market, By Product

5.1. Key segment trends

5.2. Natural protein A

5.2.1.  Market size, by region, 2015 - 2026 (USD Million)

5.3. Recombinant protein A

5.3.1.  Market size, by region, 2015 - 2026 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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