Press release
Conversational AI to drive the Protein Purification Reagents Market at a CAGR of 10.5%
Protein purification is a process used to separate and isolate proteins from a complex mixture to obtain a pure sample for further analysis. This process is important in many fields of research, including biochemistry, biotechnology, and pharmaceuticals. The use of protein purification reagents is essential to achieve high-quality protein samples. In this report, we will analyze the global protein purification reagents market, its growth potential, and key players in the market.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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Key Players:
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 driven by various factors such as the increasing demand for protein-based drugs and therapeutics, growing focus on personalized medicine, and the need for efficient protein purification methods. The rising prevalence of chronic diseases and the increasing adoption of advanced technologies for protein purification are also contributing to the market growth. Moreover, the growing investments by government and private organizations in research and development activities for protein purification reagents are expected to propel market growth during the forecast period. However, the high cost associated with protein purification reagents and the lack of skilled professionals are expected to restrain market growth to some extent. Additionally, the lack of standardization in protein purification protocols and the availability of alternative purification methods are also expected to hamper 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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