New York, Feb. 23, 2023 (GLOBE NEWSWIRE) -- The global market for protein purification is currently valued US$ 7.8 Billion. The global Protein Purification Reagents Market is projected to increase to a revenue of US$ 21 Billion by 2032, expanding at a noteworthy CAGR of 10.5% over the next ten years.
North America accounts for the highest market share of over 45%. Chromatography leads the protein purification reagents market with 25.1% market share. The increasing demand for protein-based drugs, the growth of the biotechnology industry, and the rising investments in proteomics research are expected to drive the market's growth in the coming years. Moreover, technological advancements in protein purification techniques and the growing need for high-quality protein samples for research applications are also expected to contribute to the market's growth.
Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/3505
The global protein purification reagents market has experienced significant growth in recent years, driven by increasing investments in proteomics research, growing demand for biopharmaceuticals, and the increasing prevalence of chronic diseases. Market Segmentation:
The global protein purification reagents market can be segmented based on product type, application, end-user, and geography.
Based on product type, the market can be segmented into kits, resins, columns, magnetic beads, and others. The kits segment is expected to dominate the market during the forecast period due to the increasing adoption of protein purification kits by researchers and the ease of use they offer.
Based on application, the market can be segmented into drug discovery and development, disease diagnosis, proteomics research, and others. The drug discovery and development segment is expected to dominate the market during the forecast period due to the increasing demand for protein-based drugs and the growing investments in drug discovery research.
Based on end-user, the market can be segmented into academic and research institutes, pharmaceutical and biotechnology companies, contract research organizations (CROs), and others. The pharmaceutical and biotechnology companies segment is expected to dominate the market during the forecast period due to the increasing demand for biopharmaceuticals and the growing investments in the biotechnology industry.
Regional Analysis:
Geographically, the global protein purification reagents market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the market during the forecast period due to the presence of a large number of biotechnology and pharmaceutical companies, the growing investments in proteomics research, and the increasing demand for protein-based drugs. Asia Pacific is expected to witness significant growth during the forecast period due to the growing biotechnology industry, increasing investments in research and development, and the presence of a large patient population.
Get Full Access of this Report@ https://www.persistencemarketresearch.com/checkout/3505
Competitive Landscape:
The global protein purification reagents market is highly competitive, with several players operating in the market.
Some of the key players in the market include
- Merck Millipore
- Takara Bio Company
- Applied Biosystems
- Qiagen
- Advanced Bioscience Laboratories, Inc.
- GE Healthcare Life Sciences
- PerkinElmer, Inc.
- Thermo Fisher Scientific
- Agilent Technologies
- Bio-Rad Laboratories, Inc.
These companies are focusing on strategies such as mergers and acquisitions, product launches, and collaborations to strengthen their market position and expand their product portfolios.
Conclusion:
the global protein purification reagents market is expected to grow at a significant rate during the forecast period, driven by the increasing demand for protein-based drugs, the growth of the biotechnology industry, and the rising investments in proteomics research. The market is highly competitive, with several players operating in the market, and companies are focusing on strategies such as mergers and acquisitions, product launches, and collaborations to strengthen their market position and expand their product portfolios.
You Can Customize this Report As per Your Requirement Click Here@ https://www.persistencemarketresearch.com/request-customization/3505
the increasing demand for protein-based drugs is expected to drive the growth of the protein purification reagents market in the future. The development of new protein-based drugs requires high-quality protein samples, which can only be obtained through effective protein purification. Therefore, the growing demand for protein-based drugs is expected to drive the demand for protein purification reagents.
Other Trending Reports:
- Heart Valve Repair and Replacement Market
- Ostomy Care Accessories Market
- DNA and RNA Sample Preparation Market
- Cell Tissue Culture Supplies Market
- Disposable Medical Supplies Market
- ECG Devices Market
- Urinary Catheters Market
- Remote Patient Monitoring Device Market
About Persistence Market Research:
Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on “micros” by Persistence Market Research helps companies overcome their “macro” business challenges.
Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.
Contact
Rajendra Singh
Persistence Market Research
U.S. Sales Office:
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
USA - Canada Toll-Free: 800-961-0353
Email: sales@persistencemarketresearch.com
