JERSEY CITY, NJ, Feb. 2, 2022 /PRNewswire/ — Verified Market Research recently published a report, “Protein A Resin MarketBy Product (Agarose-Based Protein A, Glass/Silica-Based Protein A), By Type (Recombinant Protein A, Natural Protein A), By Application (Antibodies Purification, Immunoprecipitation). According to Verified Market Research, the Global Protein A Resin Market size was valued at USD 1.4 Billion in 2020 and is projected to reach USD 2.3 Billion by 2028, growing at a CAGR of 10.6% from 2021 to 2028.
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Browse in-depth TOC on “Protein A Resin Market“
202 – Pages
126 – Tables
37 – Figures
Global Protein A Resin Market Overview
The rise in alternate methods for the purification of monoclonal antibodies is expected to hinder the growth of the global Protein A Resin Market. Affinity chromatography, which utilizes protein A resin, is a conventional method for the purification of monoclonal antibodies. Though, the cost and availability of protein A resin are very high to execute the purification procedure. To decrease manufacturing costs, several companies prefer alternative methods such as membrane chromatography, aqueous two-phase extractions and, mixed chromatography for purification of monoclonal antibodies on large scales. Moreover, high costs associated with protein A resin is also expected to hinder the growth of the market.
The rising popularity of cancer is expected to expand the manufacturing of monoclonal antibodies for use in therapeutic areas. The potential approach of monoclonal antibodies in the treatment of several cancer types has been broadly accepted. Each cancer type needs unique treatment. Thus, it will eventually give opportunities for market players by driving sales of protein A resin over the upcoming years. Further rising use of chromatography in drug discovery and R&D industry these are extensively using protein engineered products in their research activities to develop a wide range of protein-based drugs. Initiatives of researchers to develop a novel machine for generating synthetic proteins is an advantage for the growth of the market.
The biologics segment in the life sciences industry has secured major acceptance by biotechnology and other research institutes for their areas of research, as it has shown favorable results as well as low side effects in the treatment of different diseases, such as cancer, autoimmune diseases, and several genetic conditions. Biologic therapies, being more target-mediated than non-biologic treatments, are also used as a first-line treatment in certain cancer cases. Biologics is the fastest-growing segment in the healthcare industry, with monoclonal antibodies being the key product.
- In 2017, Purolite Life Sciences collaborated with ChromaTan Corporation (US), which provides chromatography solutions. The development rising the manufacturing of protein A resins by up to 15 times.
- In 2018, Merck Millipore (Germanystarting a new production and distribution center in India for its Life Science business.
- In 2017, Repligen Corporation merged with Spectrum Inc. a leader in membrane separation technologies for the pharmaceutical, bioprocess, diagnostic, and research industries.
The major players in the market are Purolite Corporation, Novasep Holding SAS, Agilent Technologies, GenScript Biotech Corporation, PerkinElmer, GE Healthcare, Merck Millipore, Repligen Corporation, Thermo Fisher Scientific, Tosoh Bioscience and among others.
Verified Market Research has segmented the Global Protein A Resin Market on the basis of Product, Type, Application, and Geography.
- Protein A Resin Market, By Product
- Agarose-Based Protein A
- Glass/Silica-Based Protein A
- Organic Polymer-Based Protein A
- Protein A Resin Market, By Type
- Recombinant Protein A
- Natural Protein A
- Protein A Resin Market, By Application
- Antibodies Purification
- Protein A Resin Market by Geography
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- Latin America
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