According to the latest report by IMARC Group, titled “Protein Purification and Isolation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The global protein purification and isolation market size reached US$ 7.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.4 Billion by 2027, exhibiting a growth rate (CAGR) of 9.91% during 2022-2027.
Protein purification and isolation represent the series of processes undertaken to isolate a type of protein from a complex mixture of cells, organisms, or tissues. Such methods are mandatory for performing protein studies, which isolate, concentrate, stabilize, and remove various impurities, such as nucleic acid, viruses, endotoxins, etc. They are mainly utilized for the classification of the function, structure, and interactions of the protein. Some common examples of protein purification and isolation procedures include affinity chromatography, proteomics, immunoprecipitation, enzyme assay, etc.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The expanding pharmaceutical industry across the globe is among the primary factors driving the protein purification and isolation market. Moreover, the governing bodies of numerous countries are launching favorable initiatives to provide tax incentives, grants, investment-friendly regulations, etc. This, in turn, is encouraging manufacturers to invest in R&D activities for developing novel drugs, which is stimulating the market growth. Besides this, the escalating need for identifying new ligands and developing purification kits to screen, prepare, purify, and concentrate protein samples is further catalyzing the product demand. Additionally, several technological advancements, including the introduction of magnetic and protein beads, automated analyzers, ligand tagging systems, etc., are also augmenting the global market. Furthermore, the increasing number of preclinical trials outsourced by drug development companies, coupled with various research initiatives in academic institutes for functional and structural proteomics, are expected to fuel the protein purification and isolation market over the forecasted period.
Breakup by Technology:
- Ultrafiltration
- Precipitation
- Preparative Chromatography
- Affinity Chromatography
- Ion Exchange Chromatography
- Reverse-Phase Chromatography
- Hydrophobic Charge Induction Chromatography
- Size Exclusion Chromatography
- Electrophoresis
- Gel Electrophoresis
- Isoelectric Focusing Electrophoresis
- Capillary Electrophoresis
- Western Blotting
- Dialysis and Diafiltration
- Centrifugation
Breakup by Product:
- Instruments
- Consumables
- Protein Purification Kits
- Protein Purification Reagents
- Prepacked Columns
- Protein Purification Resins
- Magnetic Beads
- Others
Breakup by Application:
- Drug Screening
- Protein-Protein Interaction Studies
- Biomarker Discovery
- Target Identification
- Disease Diagnostics and Monitoring
- Protein Therapeutics
Breakup by End User:
- Hospitals and Diagnostic Centers
- Academic Research Institutes
- Pharmaceutical and Biotechnology Companies
- Contract Research Organisations (CROs)
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Abcam plc
- Agilent Technologies Inc
- Bio-Rad Laboratories Inc
- General Electric Company
- Merck KGaA
- Norgen Biotek Corp
- Promega Corporation
- Purolite, Qiagen N.V
- Thermo Fisher Scientific Inc
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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