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Protein A Resins Market Trends 2018 & Top Key Players Thermo Fisher Scientific, Sigma-Aldrich, GE Healthcare, Repligen Corporation, Novasep, GenScript, Danaher Corporation, Bio-Rad Laboratories, Agarose Bead Technologies ABT

08-02-2018 11:50 AM CET | Health & Medicine

Press release from: fractovia.org

Protein A Resins Market

Protein A Resins Market

The surging demand for protein A resins market is expected to evolve more over the coming years owing to the increasing research on monoclonal antibodies. With the rising prevalence of chronic diseases like rheumatoid arthritis, cancer, etc., the extensive use of monoclonal antibodies in these treatments, is growing rapidly. The Recent revolution in protein separation and purification techniques which include chromatography, precipitation, and filtration, is also expected to drive the protein A resin industry globally.

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Protein A resins industry mainly finds its application in two sectors- antibody purification, and immunoprecipitation. Protein A resins market size in antibody purification application is slated to witness a substantial growth in future, with an expected revenue share of USD 700 million by 2024, driven by the increasing diagnostic application of recombinant and monoclonal antibodies.

Growth Drivers:
1. Increasing demand for therapeutic antibodies across the globe
2. Increase in use of chromatography techniques to determine vitamins and detection of additives in food
3. Drugs discovery and other research and development in developed region

Some of the major players of global protein A resins market are Expedeon, Agarose Bead Technologies (ABT), Danaher Corporation, Bio-Rad Laboratories, EMD Millipore, GE Healthcare, GenScript Corporation, Sigma-Aldrich Corporation, Novasep, Repligen, Takara Bio, Thermo Fisher Scientific, Tosoh Bioscience.

Immunoprecipitation industry held a share of 20% of the overall protein A resins market in 2015, and is anticipated to grow an annual rate of 8% over the period 2016- 2024.

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Biopharmaceutical firms and Contract research organizations are the major end users of protein A resins industry. Biopharmaceutical companies accounted for a share of 75% of protein A resins market in 2015, and is expected to surpass USD 680 million by 2024.

Protein A resins market is also projected to grow significantly owing to its increasing adaption by Contract research organizations (CROs). It is estimated to have a revenue share of USD 130 million at an annual growth rate of 8.1% over the period 2016 to 2024.

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