Protein Purification And Isolation Market: Drug Screening Segment is Estimated To Register The Highest Growth Rate
Protein
Purification And Isolation Industry Overview
The
global protein purification and isolation market size was valued at USD 7.7
billion in 2021 and is expected to expand at a compound annual growth rate
(CAGR) of 10.6% from 2022 to 2030. Growing research in the areas of
pharmaceutical and biotechnology for the development of novel drugs drives the
demand for protein purification and isolation. Furthermore, rising investments
in R&D by pharmaceutical manufacturers are projected to drive the market.
The unexpected COVID-19 outbreak prompted the implementation of lockdown rules
across the globe, causing delays in protein purification and isolation import
and export. The pandemic also lowered the availability of funds from private
investors and governments around the world. Purification and isolation of
proteins refer to a set of procedures for isolating a specific protein from a
complicated combination of cells, organisms, or tissues.
Protein research requires these techniques to separate,
concentrate, stabilize, and eliminate contaminants including endotoxins,
viruses, and nucleic acid. They involve determining material and maintaining a
purification table to track the enzyme's development. They are mostly used to
classify a protein's function, structure, and interactions. Affinity
chromatography, immunoprecipitation, proteomics, and enzyme assay are some of
the regularly utilized methods of protein purification and separation. Over the
pandemic, the disruption in the process had a negative impact on the market,
but increased government funding for R&D is enabling the market to recover,
and the market is expected to grow during the forecast period.
Gather more insights about the market
drivers, restrains and growth of the Global
Protein Purification And Isolation market
Governments are increasingly investing in R&D and
undertaking initiatives that promote the development and growth of the
pharmaceutical and biotechnology markets. They also provided added benefits via
tax incentives, grants, and investment-friendly regulations among others.
Pharmaceutical is a highly lucrative industry for protein purification and
isolation solutions owing to significant investments in the development of biomarker-specific
molecules. Precise isolation of proteins with a significant amount of purified
substrate is a vital component of the preclinical drug development phase.
Ongoing technological advancements further drive the market for
protein purification and isolation solutions. Magnetic and protein beads and
ligand tagging systems are increasingly preferred over traditional methods such
as agarose beads and other resins. Furthermore, the rising usage of automated
analyzers is projected to drive the demand for purification and isolation
solutions.
The rising significance of discovering novel ligands, such as
protein-based therapeutic compounds, is a major factor fueling the market
expansion. Additionally, rising demand for purification kits in rapid screen
tests, a shift towards technologically advanced instrumentation for protein
purification, growth of the proteomics market, and increasing R&D in
pharmaceutical and biotechnological fields are expected to propel the market
growth. However, instruments that result in a reduced acceptance rate, the
difficulty of maintaining purification kits that fit all proposes, and high
tool costs are acting as hurdles to market growth. In addition, the protein
purification and isolation industry is benefiting from untapped growth markets
and protein therapies.
Browse through Grand View Research's Biotechnology
Industry Research Reports.
·
Analytical Instrumentation Market -
The global analytical instrumentation market was valued at USD 53.42 billion in
2022 and is anticipated to expand at a compound annual growth rate (CAGR) of
3.53% by 2030.
·
Peptide Microarray Market - The
global peptide microarray market size was valued at USD 793.4 million in 2022
and is expected to expand at a compound annual growth rate (CAGR) of 4.51% from
2023 to 2030.
Protein
Purification And Isolation Market Segmentation
Grand View
Research has segmented the global protein purification and isolation market
based on product, technology, application, end-use, and region:
Product Outlook (Revenue, USD Million, 2017 - 2030)
·
Instruments
·
Consumables
o Kits
o Reagents
o Columns
o Magnetic Beads
o Resins
o Others
Technology Outlook (Revenue, USD Million, 2017 -
2030)
·
Ultrafiltration
·
Precipitation
·
Chromatography
o Ion Exchange
Chromatography
o Affinity
Chromatography
o Reversed-Phase Chromatography
o Size Exclusion
Chromatography
o Hydrophobic
Interaction Chromatography
·
Electrophoresis
o Gel
Electrophoresis
o Isoelectric
Focusing
o Capillary
Electrophoresis
·
Western blotting
·
Others
Application Outlook (Revenue, USD Million, 2017 -
2030)
·
Drug Screening
·
Biomarker Discovery
·
Protein-protein Interaction Studies
·
Diagnostics
End-use Outlook (Revenue, USD Million, 2017 - 2030)
·
Academic and Research Institutes
·
Hospitals
·
Pharmaceutical and Biotechnological Companies
·
CROs
Regional Outlook (Revenue, USD Million, 2017 -
2030)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa (MEA)
Market
Share Insights
·
March 2022: that they would continue the
collaboration to provide biopharmaceutical research and development
laboratories and platform workflows for quality monitoring and simplified
characterization of complex therapeutic proteins.
·
December 2021: GE Healthcare Life
Sciences announced that it has completed its acquisition of BK Medical, from
Altaris Capital Partners, LLC for an upfront cash payment of USD 1.45 billion
Key Companies profiled:
Some prominent players in the global
protein purification and isolation market include:
·
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
·
Norgen
Biotek Corporation
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