Chromatography Resins Market Report 2024-2033: Market Size, Outlook, Growth And Share Report | Merck KGaA, Bio-Rad Laboratories Inc., GE Healthcare Life Sciences, Thermo Fisher Scientific Inc., Purolite Corporation

The Business Research Company presents an extensive market research report on the ""Chromatography Resins Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Chromatography Resins industry. This report on Chromatography Resins market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The chromatography resins market size has grown strongly in recent years. It will grow from $2.73 billion in 2023 to $2.97 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to increased biopharmaceutical production, growth in analytical and research applications, pharmaceutical industry growth, increased academic and clinical research, growth of the pharmaceutical industry. The chromatography resins market size is expected to see strong growth in the next few years. It will grow to $4.32 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. 

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Key Market Players:

Merck KGaA, Bio-Rad Laboratories Inc., GE Healthcare Life Sciences, Thermo Fisher Scientific Inc., Purolite Corporation are prominent players in the Chromatography Resins industry.

Market Drivers:

According to the Chromatography Resins Market Report 2024 by The Business Research Company, The rising prevalence of cancer cases across the globe is likely to contribute to the growth of the chromatography resins market. Monoclonal antibodies are targeted cancer therapies used to treat cancer and chromatography resins are media used to capture and polish monoclonal antibodies (mAbs), and other biomolecules. The increasing prevalence of cancer is thus expected to increase the demand for chromatography resins. For instance, in January 2022, according to the American Cancer Society, there were an estimated 1.9 million new cancer diagnoses and 609,360 cancer-related deaths in the United States, resulting in approximately 1,670 daily fatalities. Globally, the four predominant cancer types of lungs, prostate, colorectal, and breast cancer in women comprise 43% of all newly diagnosed cancer cases. Hence, the rising prevalence of cancer is expected to generate more demand for cancer therapies, increasing the monoclonal antibodies demand and thus driving the market for chromatography resins.

More information about the Global Chromatography Resins Market Report -
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Market segments for Chromatography Resins include:

1)By Product Type: Native, Synthetic
2)By Technology Type: Affinity Chromatography, Anion Exchange Chromatography, Cation Exchange Chromatography, Size Exclusion, Hydrophobic Interaction
3)By Application: Pharmaceutical And Biotechnology, Food And Beverage, Water And Environmental Analysis, Other Applications

The report answers the following questions:

What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?

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