Overview and Scope
Protein A resin refers to a type of chromatography resin that is commonly used in protein purification processes. It is used to purify a variety of antibodies and monoclonal antibody products.
Sizing and Forecast
The protein a resin market size has grown strongly in recent years. It will grow from $1.53 billion in 2023 to $1.67 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to increasing biopharmaceutical production, growing adoption of monoclonal antibodies, expanding research and development activities, regulatory emphasis on biopharmaceutical quality, rising prevalence of chronic diseases.
The protein a resin market size is expected to see strong growth in the next few years. It will grow to $2.37 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to rising biosimilar development, focus on cost-efficiency, increasing investment in bioprocessing facilities, expansion of biopharmaceutical market in emerging economies, growing demand for personalized medicine. Major trends in the forecast period include single-use systems, technological advancements, demand in emerging markets, strategic collaborations and partnerships, focus on sustainable practices.
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Segmentation & Regional Insights
The protein a resin market covered in this report is segmented –
1) By Type: Natural Protein A, Recombinant Protein A
2) By Matrix Type: Agarose-Based Protein A, Glass/Silica-Based Protein A, Organic Polymer-Based Protein A
3) By Application: Antibody Purification, Immunoprecipitation
4) By End User: Biopharmaceutical Manufacturers, Clinical Research Laboratories, Academic Institutes
North America was the largest region in the Protein A Resin market in 2023. Europe is expected to be the fastest-growing region in the protein A resin market report during the forecast period. The regions covered in the protein a resin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increased R&D investments in pharmaceutical companies are expected to propel the growth of the protein A resin market forward. R&D refers to the process of researching and developing new drugs, therapies, technologies, or services that can be used to improve the health of patients. Protein A resin is used in several chromatography assays that are used in pharmaceutical development procedures as a chromatography medium. For instance, in 2022, Roche Holding AG, a Switzerland-based pharmaceuticals company spent the highest ever $16.79 billion on R&D which was an increase of 3.7% from 2021. Additionally, in 2022, Merck, a US-based pharmaceuticals company increased its R&D spending by 10% as compared to 2021, Merck spent $13.54 billion on R&D in 2022. As a result, the increased R&D investments in pharmaceutical companies is propelling the growth of the protein A resin market.
Key Industry Players
Major companies operating in the protein A resin market are focusing on developing innovative products such as chromatography resins to drive revenues in their market. Chromatography resins are vital instruments in research and development that are utilized for purification as well as analysis. For instance, in September 2021, Purolite Corporation a US-based company specializing in the development and production of ion exchange resins launched Praesto Jetted A50 HipH, and Praesto Jetted dt 18-DVB. Praesto Jetted A50 HipH is a pH-sensitive antibody or other protein containing Fc that can be purified using an alkaline stable resin that is based on a homogenous 50μm agarose bead. Praesto Jetted (dT)18-DVB is a novel 50μm styrene jetted resin that is intended to purify mRNA structures utilized in gene therapy and vaccination applications, customer experiences show that this novel resin performs better than monolith-based dT technology as well as existing resin-based dT solutions.
The protein a resin market report table of contents includes:
1. Executive Summary
2. Protein A Resin Market Characteristics
3. Protein A Resin Market Trends And Strategies
4. Protein A Resin Market – Macro Economic Scenario
5. Global Protein A Resin Market Size and Growth
…….
31. Global Protein A Resin Market Competitive Benchmarking
32. Global Protein A Resin Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Protein A Resin Market
34. Protein A Resin Market Future Outlook and Potential Analysis
35. Appendix
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