Lucintel Forecasts Protein Purification and Isolation Market to Grow a CAGR of 7%-9%

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Summary

protein purification and isolation market

Press Release

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According to the recent study the protein purification and isolation marketis projected to grow at a CAGR of 7%-9% from 2020 to 2025. Growth in this market is primarily driven byincreasing research activities in the pharmaceutical industry, rising need to identify new protein-based drug molecules, and increasing public and private investment for research and development related to protein purification and isolation.

Browse XX figures / charts and XXtables in this 150 -page report to understand trends, opportunities and forecast in protein purification and isolationmarketby product (instruments and consumables (kits, reagents, columns, magnetic beads, resins, and others)), technology (ultrafiltration, precipitation, chromatography (ion, exchange chromatography, affinity chromatography, reversed phase chromatography, size exclusion chromatography, and hydrophobic interaction chromatography), electrophoresis (gel electrophoresis, isoelectric focusing, and capillary electrophoresis), western blotting, and others), application  (drug screening, biomarker discovery, protein-protein interaction studies, and diagnostics), end-use (academic and research institutes, hospitals, pharmaceutical and biotechnological companies, and CROs), and region (North America, Europe, Asia Pacific, and Rest of the World).

“Consumables market is expected to remain the largest segment during the forecast period.”

Based on product, the protein purification and isolationmarket is segmented intoinstruments and consumables (kits, reagents, columns, magnetic beads, resins, and others). Lucintel forecasts that the consumables is expected to witness the largest segment over the forecast period due to rising commercialization of advanced resins.

“Within the protein purification and isolationmarket, the academic and research institutes segment is expected to remain the largest end use”

Based on end use, the academic and research institutes segment is expected to witness the largest end use over the forecast period due to increasing research activities in institutes for structural and functional proteomics.

“North Americawill dominate the protein purification and isolationmarket in near future”

North Americais expected to be the largest region over the forecast perioddue to presence of a large number of market players, developed research and infrastructure, and technological advancements in the proteomics field in the region.