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Protein A Resin Market Size, Share & Growth Report, 2033
Protein A Resin Market Size
As per the report, the protein a resin market size has grown strongly in recent years. It will grow from $1.53 billion in 2023 to $1.67 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The protein a resin market size is expected to see strong growth in the next few years. It will grow to $2.37 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%.
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Surge In R&D Investments Fuels Protein A Resin Market Growth In The Pharmaceutical Sector
The increased R&D investments in pharmaceutical companies are expected to propel the growth of the protein A resin market forward. R&D refers to the process of researching and developing new drugs, therapies, technologies, or services that can be used to improve the health of patients. Protein A resin is used in several chromatography assays that are used in pharmaceutical development procedures as a chromatography medium. For instance, in 2022, Roche Holding AG, a Switzerland-based pharmaceuticals company spent the highest ever $16.79 billion on R&D which was an increase of 3.7% from 2021. Additionally, in 2022, Merck, a US-based pharmaceuticals company increased its R&D spending by 10% as compared to 2021, Merck spent $13.54 billion on R&D in 2022. As a result, the increased R&D investments in pharmaceutical companies is propelling the growth of the protein A resin market.
Repligen Corporation's Groundbreaking Ngl Covid-19 Spike Protein Affinity Resin Is A Revolutionary Advancement In The Protein A Resin Market
Product innovations are a key trend gaining popularity in the protein A resin market. Major companies in the protein A resin market are introducing innovative solutions to sustain their position in the market. For instance, in February 2021, Repligen Corporation, a US-based developer of materials used in manufacturing biological drugs, launched NGL COVID-19 Spike Protein Affinity Resin in partnership with Navigo Proteins GmbH, a Germany-based biotechnology company. The uniqueness of the product is that it is a novel protein A resin that can be used for several vaccines for COVID-19 treatment.
The protein a resin market covered in this report is segmented -
1) By Type: Natural Protein A, Recombinant Protein A
2) By Matrix Type: Agarose-Based Protein A, Glass/Silica-Based Protein A, Organic Polymer-Based Protein A
3) By Application: Antibody Purification, Immunoprecipitation
4) By End User: Biopharmaceutical Manufacturers, Clinical Research Laboratories, Academic Institutes
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Major companies operating in the protein a resin market report are PerkinElmer Inc., GenScript Biotech Corporation, Agilent Technologies Inc., Repligen Corporation, Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., Abcam plc, Novasep Holdings SAS, GE Healthcare Technologies Inc., Merck KGaA, Expedeon Ltd., Tosoh Bioscience LLC, Purolite Corporation, Kaneka Corporation, JSR Life Sciences Corporation, Agarose Beads Technologies, JNC Corporation, Danaher Corporation, Orochem Technologies Inc., Avantor Inc., Global Life Sciences Solutions USA, EMD Millipore Corp., Nippon Shokubai Co. Ltd., Bio-Works Technologies AB, Asahi Kasei Corporation, Avantor Performance Materials LLC, Life Technologies Corporation, Avacta Life Sciences Limited, Genscript Corporation, Purolite Lifesciences .
Contents of the report:
1. Executive Summary
2. Protein A Resin Market Report Structure
3. Protein A Resin Market Trends And Strategies
4. Protein A Resin Market - Macro Economic Scenario
5. Protein A Resin Market Size And Growth
…..
27. Protein A Resin Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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