Virtual health assistants to keep the hopes high for Protein Purification Reagents Market at a CAGR of 15.5%

Proteins are the fundamental building blocks of life, and they perform a wide range of essential functions in living organisms. Protein purification is a crucial step in the study of protein structure and function, as well as in the development of drugs and biologics. Protein purification reagents are used to separate and purify proteins from complex mixtures such as cell lysates, serum, or culture media. The global protein purification reagents market is expected to grow at a significant rate in the coming years, driven by the increasing demand for biopharmaceuticals and research activities in the fields of genomics and proteomics.

Market Overview:

The global protein purification reagents market is projected to increase to a valuation of US$ 21 Bn by 2032, up from its present size of US$ 7.8 Bn, expanding at a noteworthy CAGR of 10.5% over the next ten years.
Based on technology, the chromatography vertical accounts for 25.1% share in the global market.

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Companies:

Merck Millipore
Takara Bio Company
Applied Biosystems
Qiagen
Advanced Bioscience Laboratories
GE Healthcare Life Sciences
PerkinElmer
Thermo Fisher Scientific
Agilent Technologies
Bio-Rad Laboratories

Drivers and Restraints:

The protein purification reagents market is influenced by various drivers and restraints. One of the primary drivers is the increasing demand for pure proteins in various research and biotechnology applications. Additionally, the growing need for efficient and cost-effective protein purification methods is driving the market. The increasing adoption of automated purification systems is also expected to boost market growth. On the other hand, the high cost of protein purification reagents and the complexity of purification processes are some of the major restraints that may hinder market growth. Additionally, the lack of skilled professionals in protein purification techniques is another challenge that may restrict market growth.

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Protein Purification Reagents Industry Research by Category

By Product Type:

Instruments
Consumables

By Technology:

Ultrafiltration
Precipitation
Chromatography
Electrophoresis
Western Blotting
Others

By Application:

Drug Screening
Biomarker Discovery
Protein-protein Interaction Studies

By End Use:

Academic and Research Institutes
Hospitals
Pharmaceutical and Biotechnological Companies
CROs

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This release was published on openPR.