Overview and Scope
Protein purification and isolation refers to the procedures used to separate an interesting protein from its surroundings. In other words, from a cell culture created in a lab or from the other natural chemicals naturally surrounding the proteins in the natural niche in a host organism. This process helps to identify the existence of the protein from the source, based on differences in their properties.
Sizing and Forecast
The protein purification and isolation market size has grown rapidly in recent years. It will grow from $8.66 billion in 2023 to $9.58 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to increased research and development in biopharmaceuticals, growth of the biotechnology industry, rising demand for high-quality proteins, expansion of academic and research institutes, advancements in chromatography techniques.
The protein purification and isolation market size is expected to see rapid growth in the next few years. It will grow to $14.61 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to growing biologics market, increased funding for life sciences research, demand for personalized medicine, expansion of contract manufacturing organizations (cmos), increasing demand for rapid screen tests. Major trends in the forecast period include single-use systems in protein purification, high-throughput purification technologies, emphasis on continuous processing, integration of automation in protein purification, focus on sustainable and environmentally friendly practices.
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/protein-purification-and-isolation-global-market-report
Segmentation & Regional Insights
The protein purification and isolation market covered in this report is segmented –
1) By Product: Instruments, Consumables
2) By Technology: Ultrafiltration, Precipitation, Preparative Chromatography, Electrophoresis, Western Blotting, Dialysis and Diafiltration, Centrifugation
3) By Application: Drug Screening, Protein-Protein Interaction Studies, Biomarker Discovery, Target Identification, Protein Therapeutics, Disease Diagnostics and Monitoring
4) By End User: Academic Medical Institutes, Hospitals and Diagnostic Centers, Pharmaceutical and Biotechnology Companies, Contract Research Organizations
North America was the largest region in the protein purification and isolation market in 2023. The regions covered in the protein purification and isolation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7467&type=smp
Major Driver Impacting Market Growth
An increase in spending by governments on research and development in pharmaceuticals and biotechnology is expected to propel the growth of the protein purification and isolation market going forward. Research and development refer to gathering knowledge to create new products or discover new ways to improve their existing products and services. An increase in spending on research and development helps to develop advanced protein purification processes and also provides various other benefits, such as purified growth factors of hormones, DNA polymerases, and reverse transcriptases. For instance, according to the Indian Brand Equity Foundation, an India-based export promotion agency, the Indian government has allocated USD 10.35 billion and the Department of Health Research has allocated USD 365.68 billion, respectively, towards the promotion of the pharma sector for the year 2021. Further, according to The Good Food Institute, a US-based alternative protein innovation organization, in 2021, the US Department of Agriculture and National Science, a US-based food safety organization, spent USD 50 million on advancements in the development of alternative proteins. Therefore, the increasing spending by governments on research and development in pharmaceuticals and biotechnology is driving the growth of the protein purification and isolation markets.
Key Industry Players
Major companies operating in the protein purification and isolation market report are Abcam PLC, Agilent Technologies Inc, Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., BioVision Inc., Norgen Biotek Corp., GE Healthcare Technologies Inc., GEA Group AG, Expedeon Ltd., Creative Biostructure, Qiagen NV, Geno Technology Inc., The Merck Group, Labome, Promega Corporation, OPRL Biosciences Pvt. Ltd., Purolite LLC, Takara Bio Inc., F. Hoffmann-La Roche Ltd, Sigma-Aldrich Chemicals Private Limited, Cygnus Technologies LLC, Novasep, Kinnakeet Biotechnology LLC, Cambryn Biologics LLC, Worthington Biochemical Corporation, GenScript Biotech Corporation, Creative BioMart, OriGene Technologies Inc., Proteintech Group Inc., Rockland Immunochemicals Inc., Sino Biological Inc.
The protein purification and isolation market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
.
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
Related Reports:
https://topprnews.com/employment-screening-services-market-report/
https://topprnews.com/external-cloud-automotive-cyber-security-services-market-analysis/
https://topprnews.com/fraud-detection-and-prevention-market-trends/
https://topprnews.com/hair-accessories-market-insights/
https://goodprnews.com/employment-screening-services-market-size/
https://goodprnews.com/xternal-cloud-automotive-cyber-security-services-market-insights/
https://goodprnews.com/fraud-detection-and-prevention-market-trends/
https://goodprnews.com/hair-accessories-market-size/
Explore the trending research reports from TBRC:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
