Global Preparative and Process Chromatography Market to be dominated by Process chromatography through 2028
Rising demand and
approval of monoclonal antibodies in the pharmaceutical and biotechnology
sectors are expected to drive the Global Preparative and Process Chromatography
Market growth in the forecast period, 2024-2028.
According to TechSci Research
report, “Preparative and Process Chromatography
Market - Global Industry Size, Share,
Trends, Opportunity, and Forecast, 2018-2028F”, Global Preparative and Process
Chromatography Market is anticipated to grow at an impressive rate in the
forecast period, 2024-2028. The market for Preparative and Process
Chromatography devices has witnessed consistent growth over the past decade,
primarily driven by factors such as rising demand and approval of monoclonal
antibodies in the pharmaceutical and biotechnology sectors. In addition, the
market is driven by the expanding biopharmaceutical industry, the demand for
advanced purification techniques, and the need for more efficient and
cost-effective processes. Technological advancements and the development of
innovative chromatography products are expected to boost the global Preparative
and Process Chromatography Market during the forecast period market growth over
the years. Moreover, including the increasing demand for insulin and omega-3
fatty acids, rising concerns related to food quality & safety, and the
growing geriatric population are expected to boost market growth of the global Preparative
and Process Chromatography Market during the forecast period. Moreover, ongoing
research paradigms focusing on the separation and analysis of monoclonal
antibodies using mild reverse-phase chromatography are expected to drive research
in this market.
Also, high cost of
instruments can hamper the growth of Global Preparative and Process
Chromatography Market. Similarly, availability of alternative techniques can
restrain the growth of Global Preparative and Process Chromatography Market.
Additionally, availability of refurbished products will further restrict the
growth of Global Preparative and Process Chromatography Market.
Browse over xx market
data Figures spread through xx Pages and an in-depth TOC on "Global
Preparative and Process Chromatography Market”
The Global Preparative and Process
Chromatography Market is segmented into Product, Type, End user and Region.
Based
on Product, Global Preparative and Process Chromatography market is segmented
into Process Chromatography, Preparative Chromatography. The Process
chromatography segment accounted for the largest revenue share in 2022 and is
expected to exhibit a rapid CAGR over the forecast period. This can be
attributed to the increasing usage of automated systems in pharmaceutical
companies. Chromatography has become a standard laboratory process for a
variety of industries due to continuous developments in technology and
methodology. They're designed for large-scale biopharmaceutical manufacturing
and process scale-up. The segment is primarily driven by pharmaceutical companies
increased usage of automated systems.
Major companies
operating in Global Preparative and Process
Chromatography Market are:
- GE Healthcare.
- Danaher Corporation
- Merck KGaA
- Bio-Rad Laboratories Inc.
- Thermo Fisher Scientific Inc.
- Shimadzu Corporation
- Agilent Technologies
- Waters Corporation
- Novasep Holding S.A.S
- Sartourius AG.
Recent Developments
- In November 2020, Shimadzu Corporation launched the “Advanced i-Series”
HPLC. This is an improved flagship LC model to support remote work.
- In 2021, Waters launched the Waters Arc Premier System optimized for
chromatographic separations on 2.5-3.5 micro columns.
- In 2021, Novasep and Sartorius enable a strategy to accelerate the
growth of their chromatography division by joining an established leader in the
field.
- In August 2020, the new Thermo Scientific Dionex Easion ion
chromatographic system was launched by Thermo Fisher Scientific for water
analysis. This product support reduces the total cost of maintenance and
ownership.
- In November 2020, Shimadzu Corporation launched the “Advanced i-Series”
HPLC. This is an improved flagship LC model to support remote work.
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“The North America region is expected
to witness significant growth of Global Preparative and Process Chromatography
market due to the rising R&D spending by key players. The increasing number
of pharmaceutical and biotechnology sectors in the region are driving the
growth of the Preparative and Process Chromatography market. Additionally, key
players are focused on continuous innovations and launching products to retain
and acquire market share Moreover, the companies are developing products as per
the global demands, along with the integration of advanced technologies in the
product is anticipated to contribute to the growth of the Preparative and
Process Chromatography market. The increasing use of chromatographic methods
for drug discovery and approval by biotechnological and pharmaceutical
companies in the region is expected to further boost the global Preparative and
Process Chromatography market. Increasing demand for process and
preparative chromatography processes in life sciences, biotechnology, and food
& beverages industries is the major factor driving the growth of the global
Preparative and Process Chromatography Market during the forecast period” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Preparative and Process
Chromatography Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2018-2028 Segmented By Product (Process Chromatography, Preparative
Chromatography), By Type (Liquid Chromatography, Gas Chromatography, Thin Layer
Chromatography, Paper Chromatography, Gel-permeation Chromatography,
Hydrophobic Interaction Chromatography), By End-use (Food, Nutraceutical,
Others), By Region and Competition”, has evaluated the future
growth potential of Global Preparative and Process Chromatography Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Preparative and Process Chromatography Market.
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