Market Research Report
Global Affinity Chromatography Reagents Market 2019-2023
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||316402|
|Published||Content info||130 Pages
Delivery time: 1-2 business days
|Global Affinity Chromatography Reagents Market 2019-2023|
|Published: August 2, 2019||Content info: 130 Pages||
Affinity chromatography reagents include buffers and media/resins that are used to prepare immunosorbents, protein tags, and hydrogen peroxide. Technavio's affinity chromatography reagents market analysis considers sales to the pharmaceutical and biotechnology industry, food and beverage industry, cosmetic industry, and other segments. Our analysis also considers the sales of affinity chromatography reagents in Asia, Europe, North America, and ROW. In 2018, the pharmaceutical and biotechnology industry segment held the highest market share, which is expected to remain prevalent over the forecast period. Factors such as extensive application of affinity chromatography in drug affinity screening and growth in drug research will significantly help the market segment in maintaining its leading position. Also, our global affinity chromatography reagents report has observed market growth factors such as extensive application in drug discovery, adoption of automation in affinity chromatography, and extensive use of affinity chromatography for food-quality testing. However, stringent regulations regarding purity standards, high cost of resins used in affinity chromatography, and labor-intensive purification task may hamper the growth of the affinity chromatography reagents industry over the forecast period.
The manual way of protein purification and production is labor-intensive and time-consuming. To help users in overcoming these challenges, vendors are offering automated solutions. Moreover, these solutions are of low cost. These factors have increased the adoption of automated affinity chromatography systems, which, in turn, has augmented sales of affinity chromatography reagents. This driver will contribute to the market growth. The market will record a CAGR of almost 10% during the forecast period.
At present, the development of novel therapeutics such as immunotherapies, to treat various health conditions, has significantly increased. Consequently, the deployment of purification processes, such as affinity chromatography, for immunotherapies, has increased. This, in turn, has augmented the need for purification reagents such as resins, buffer, and media. Therefore, this trend will have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global affinity chromatography reagents market during the forecast period 2019-2023, view our report.
With the presence of several major players, the global affinity chromatography reagents market is fragmented. Technavio's robust vendor analysis is designed to help clients in improving their market positions, and in line with this, this report provides a detailed analysis of several leading affinity chromatography reagents manufacturers, which include Agilent Technologies Inc., Bio-Rad Laboratories Inc., General Electric Co., Merck KGaA, and Thermo Fisher Scientific Inc.
Also, the affinity chromatography reagents market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Key leading countries