Global Affinity Chromatography Market Size By Product (Resins/Gels, Columns), By Technique (Immobilized Metal Affinity Chromatography, Protein A/G/L Affinity Chromatography), By Application (Pharmaceutical, Biotechnology) By Geographic Scope And Forecast
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Affinity Chromatography Market Size By Product (Resins/Gels, Columns), By Technique (Immobilized Metal Affinity Chromatography, Protein A/G/L Affinity Chromatography), By Application (Pharmaceutical, Biotechnology) By Geographic Scope And Forecast
Affinity Chromatography Market Size And Forecast
Affinity Chromatography Market size was valued at USD 2.32 Billion in 2022 and is projected to reach USD 3.96 Billion by 2030, growing at a CAGR of 6.9% from 2024 to 2030.
The market for affinity chromatography was expanding on a global scale. The market expanded steadily, propelled by rising demand for biopharmaceuticals, increased funding for life sciences research, ongoing technical breakthroughs, trends toward personalized medicine, and the growth of the biotechnology and bioprocessing industries. Affinity chromatography, a method for separating and purifying biomolecules, has applications in biotechnology, pharmaceuticals, and academic research. The Global Affinity Chromatography Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Affinity Chromatography Market Definition
The term “Global Affinity Chromatography Market” describes the ecosystem of goods, solutions, and services offered globally that are focused on the purification and separation of biomolecules using interactions between ligands and targets. The high affinity and selectivity of these interactions are the foundation of affinity chromatography, a vital component of contemporary bioprocessing. In the pharmaceutical, biotechnology, food and beverage, and academic research industries, the isolation of proteins, enzymes, antibodies, and other biomolecules is crucial. The industry of affinity chromatography is one where ongoing technological developments are crucial. These advancements concentrate on improving stationary phase materials, ligand design, and separation processes, all of which boost efficiency and cost-effectiveness. Academic research, pharmaceutical development, and biomanufacturing interact to produce a dynamic environment where there is a persistently high need for high-quality purification methods.
Stakeholders are concerned about addressing issues with scalability, product standardization, and regulatory compliance as the market changes because these issues are essential for attaining widespread acceptance across multiple industries. The development of the global market for affinity chromatography is impacted by several important variables. First, the necessity for sophisticated purification methods like affinity chromatography is driven by the soaring demand for biopharmaceuticals such as monoclonal antibodies and recombinant proteins. Second, the ongoing governmental and private sector investments in life sciences research encourage the deployment of cutting-edge technologies that improve biomolecule isolation. Third, affinity chromatography is ideally adapted for the task of isolating very pure biomolecules, which is required by the march toward personalized medicine. Finally, the rise of the biotechnology and bioprocessing industries is accelerated by the need for effective techniques for isolating and purifying complicated biomolecules.
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Global Affinity Chromatography Market Overview
The products, methods, and services involved in the separation and purification of biomolecules based on interactions between ligands and target molecules are included in the Global Affinity Chromatography Market. Proteins, antibodies, enzymes, and other vital biomolecules can be isolated with the help of this fundamental technique, which has applications in biotechnology, pharmacology, research, and other fields. Moreover, the market is expanding due to the rising demand for biopharmaceuticals including recombinant proteins and monoclonal antibodies, which has forced the use of improved purification procedures. Strong governmental and private sector investments in life sciences research help the industry grow by fostering technical innovation. Affinity chromatography is used for the precise biomolecule isolation required by the shift toward personalized treatment.
The demand for effective separation and purification techniques is further fueled by the growth of the biotechnology and bioprocessing industries. Despite being positive, the market for affinity chromatography confronts constraints concerning product standardization, scalability, and regulatory compliance. It can be challenging and slow down adoption to ensure consistent performance and adherence to industry standards across a range of applications and scales. Moreover, The ongoing improvements in separation methods, ligand design, and stationary phase materials present opportunities in this market. By overcoming these issues, affinity chromatography may become more widely accepted and used as industries strive for increased efficiency and cost-effectiveness. A healthy environment for the growth of the Affinity Chromatography Market is also created by the rising demand for high-quality, pure biomolecules in research, diagnostics, and treatments.
Global Affinity Chromatography Market Segmentation Analysis
The Global Affinity Chromatography Market is Segmented on the basis of Product, Technique, Application, and Geography.
Affinity Chromatography Market, By Product
- Resins/Gels
- Columns
- Magnetic Beads
- Reagents & Consumables
- Accessories
Based on Product, The market is segmented into Resins/Gels, Columns, Magnetic Beads, Reagents & Consumables, and Accessories. The market for affinity chromatography is dominated by resins and gels. Gels and resins play a key role in the separation and purification of biomolecules since they are utilized as stationary phases in a variety of chromatography procedures. Their extensive use in pharmaceutical, biotechnology, research, and other industries helps to explain their market leadership.
Affinity Chromatography Market, By Technique
- Immobilized Metal Affinity Chromatography
- Protein A/G/L Affinity Chromatography
- Bio-specific Affinity Chromatography
- Others
Based on Technique, The market is segmented into Immobilized Metal Affinity Chromatography, Protein A/G/L Affinity Chromatography, Bio-specific Affinity Chromatography, and Others. Immobilized metal affinity chromatography (IMAC) is the dominant market segment in the global market for affinity chromatography. IMAC is a separation method that makes use of the interactions between histidine-rich areas of proteins and metal ions, such as nickel or cobalt, immobilized on a solid support.
Histidine-tagged recombinant proteins, which are frequently created in biopharmaceutical research and other biotechnology applications, can be purified using this method. IMAC is favored in the downstream processing of biologics due to its capacity to produce target proteins with high levels of purity and yield. The success of IMAC can be ascribed to its adaptability, with uses ranging from proteomics research to protein purification. It works especially well for isolating proteins that are challenging to purify using other methods.
Affinity Chromatography Market, By Application
- Pharmaceutical
- Biotechnology
- Academic & Research
- Food & Beverages
- Others
Based on Application, The market is segmented into, Pharmaceutical, Biotechnology, Academic & Research, Food & Beverages, and Others. The “Pharmaceutical” segment holds the largest market share for affinity chromatography worldwide. For the purification of proteins, enzymes, antibodies, and other biomolecules utilized in drug discovery, development, and manufacture, the pharmaceutical industry extensively relies on affinity chromatography. High-purity biopharmaceuticals, which are highly sought-after for numerous therapeutic purposes, can only be obtained via this method.
Affinity Chromatography Market, By Geography
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
On the basis of Regional Analysis, the Global Affinity Chromatography Market is classified into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is the region with the largest market share for affinity chromatography globally. Affinity chromatography techniques have been widely used thanks to the region’s strong focus on research and development, as well as its well-established pharmaceutical and biotechnology industries.
The demand for high-quality purification techniques is mostly driven by a large number of biopharmaceutical businesses, research organizations, and academic centers located in the United States. These industries rely heavily on affinity chromatography, which makes it possible to isolate and purify complex biomolecules essential for research, diagnostics, and drug development projects. Affinity chromatography is used in a variety of applications thanks to the region’s supportive regulatory framework and investment in cutting-edge technologies.
Key Players
The “Global Affinity Chromatography Market” study report will provide valuable insight with an emphasis on the market including some of the major players such as Agilent Technologies, Bio-Rad Laboratories, GE Healthcare, Waters Corporation, Thermo Fisher Scientific, Pall Corporation, Merck KGaA, PerkinElmer Inc., Kaneka Corporation, and Shimadzu Corporation.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.
Key Developments
- In July 2023, Agilent Technologies introduced an innovative range of affinity chromatography resins tailored for the efficient purification of proteins and peptides. This novel lineup of resins stands out due to their heightened selectivity and efficiency in comparison to conventional alternatives.
- In July 2023, GE Healthcare unveiled a novel affinity chromatography column tailored for the efficient purification of monoclonal antibodies. This innovative column stands out for its enhanced scalability and efficiency compared to conventional counterparts, making it a prime choice for biopharmaceutical production.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2019-2030 |
BASE YEAR | 2022 |
FORECAST PERIOD | 2024-2030 |
HISTORICAL PERIOD | 2019-2021 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Agilent Technologies, Bio-Rad Laboratories, GE Healthcare, Waters Corporation, Thermo Fisher Scientific, Pall Corporation, Merck KGaA, PerkinElmer Inc., Kaneka Corporation, and Shimadzu Corporation. |
SEGMENTS COVERED | By Product, By Technique, By Application, And By Geography |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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