The Global Protein Purification and Isolation Market Sales is expected to grow fast from 2022 to 2032, with a CAGR of 10.6%, resulting in a market value of US$ 17.41 billion by 2032, up from US$ 8.29 billion in 2022.
Protein Purification and Isolation demand is being driven by the increasing importance of generating novel ligands, such as protein-based therapeutics. Additionally, rising use of purification kits in rapid screening tests is expected to drive market growth.
The Protein Purification and Isolation market is being driven by a tendency towards more technologically advanced equipment, as well as the expansion of the proteomics sector. These factors, along with increased R&D in the biotechnology and pharmaceutical sectors, are expected to promote global market share growth.
The Protein Purification and Isolation industry is expected to benefit from untapped development areas and increased protein treatment usage, which will result in increased sales of purification and separation equipment, including automated analyzers.
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Current trends in protein purification and separation include agarose beads, various resins, magnetic and protein beads, and ligand tagging techniques, which are driving the increasing demand for protein purification and separation.
One of the hurdles to the Protein Purification and Isolation market’s growth prospects is the low instrument adoption rate, the difficulty of maintaining purification kits that meet all standards, and the high cost of equipment.
Key Takeaways from Protein Purification and Isolation Market Study:
- Consumables led the Protein Purification and Isolation industry in 2021, accounting for 59% of the market.
- During the forecast period, chromatography is predicted to grow significantly in the Protein Purification and Isolation market, accounting for more than 24% of the market in 2021.
- Protein Purification and Isolation is expected to increase quickly in the next years, with protein interactions accounting for more than 29% of sales in 2021.
- Academic and research institutes will generate more than 35.0% of total revenue in 2021.
- North America had the highest revenue share in 2021, accounting for 47% of total revenue. Protein Purification and Isolation sales in the region are driven by various factors, including significant financing for life science research, well-established research infrastructure, and the availability of these elements.
- In the Protein Purification and Isolation market, Asia Pacific is expected to have the largest development potential.
“As pharmaceutical and biotechnological research for the development of novel treatments evolve, there is an increase in the demand for Protein Purification and Isolation. Pharmaceutical companies’ rising R&D expenditures are predicted to drive the Protein Purification and Isolation market share.”– Future Market Insights Analyst.
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Protein Purification and Isolation Market Competitive Landscape:
Protein Purification and Isolation market key players are creating cutting-edge products that are predicted to boost Protein Purification and Isolation market growth.
More than 25 companies service the mature and highly fragmented protein purification and separation market. As a consequence of recent R&D advances, the market for Protein Purification and Isolation is predicted to grow over the forecast period.
Product development, geographic expansion, mergers, acquisitions, and collaborations are among the techniques used by startups in the protein purification and separation business to enhance their market share.
The following companies are among the major players in the global protein purification & isolation market: Merck KGaA, Thermo Fischer Scientific, Inc., GE Healthcare Life Sciences, Qiagen N.V., Sigma-Aldrich Corporation, Agilent Technologies, Bio-Rad Laboratories, Inc., Promega Corporation, Abcam.
Recent Developments in Protein Purification and Isolation Market:
- In March 2022, Thermo Fisher Scientific and Symphogen stated that their partnership would continue to deliver biopharmaceutical research and development facilities as well as platform workflows for quality assurance and efficient characterization of complex therapeutic proteins.
- In September 2021, GE Healthcare Life Sciences announced that it had successfully purchased BK Medical from Altaris Capital Partners, LLC for an upfront cash payment of USD 1.45 billion.
- QIAGEN N.V. released three nucleic acid extraction kits using QIAwave in January 2022. These kits require less supplies. These devices were developed in partnership with clients to address the ongoing problem of laboratory waste that researchers throughout the world face.
- Purolite, a manufacturer of resin-based chromatography isolation, unveiled two next-generation chromatography resins in October 2021.
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Protein Purification and Isolation Market Key Segments:
By Technology:
- Ultrafiltration
- Precipitation
- Preparative Chromatography Techniques
- Ion Exchange Chromatography
- Affinity Chromatography
- Reversed-phase Chromatography (RPC)
- Hydrophobic Interaction Chromatography (HIC)
- Size-exclusion Chromatography (Gel Filtration)
- Electrophoresis
- Gel Electrophoresis
- Isoelectric Focusing
- Capillary Electrophoresis
- Western Blotting (Immunoblotting)
- Dialysis and Diafiltration
- Centrifugation
By Application:
- Drug Screening
- Protein-protein Interaction Studies
- Biomarker Discovery
- Target Identification
- Protein Therapeutics
- Disease Diagnostics and Monitoring
By Product:
- Instruments
- Consumables
- Protein Purification Kits
- Reagents
- Prepacked Columns
- Protein Purification Resins
- Magnetic Beads
- Others (Filters, Plasticwares, Chromatography Solvents, and Standards for Chromatography and Electrophoresis)
By End User:
- Academic Medical Institutes
- Hospitals and Diagnostic Centers
- Pharmaceutical and Biotechnology Companies
- Contract Research Organizations
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