Protein A Resin Market Size Projected to Rise Lucratively during 2024 – 2030

The protein A resin market is predicted to rise at a notable pace in the forthcoming years, with growing research in monoclonal antibodies being a primary factor. Surging burden of chronic diseases is gathering interest of researchers for further studies of monoclonal antibodies.

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Besides this, rising investment for protein-based research wherein pharma companies are offering next-generation protein A resins is fuelling the protein A resin market. Interest of scientists and researchers in synthetic biology, and emphasis of the biopharmaceutical industry for use of protein-engineered products to develop protein-based drugs are some other key factors paving the growth of protein A resin market.

The study offers a comprehensive analysis of the protein A resin market bringing to fore valuable insights that can help stakeholders identify opportunities and challenges. The report tracks the protein A resin market across key regions, and includes in-depth assessment and accurate quantitative insights.

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Protein A Resin Market: Competitive Landscape      

The protein A resin market features a consolidated vendor landscape due to the presence of a few giant pharmaceutical companies. Players in the protein A resin market are focused on collaboration and partnerships for the development of next-generation protein A resins. The agreement of Repligen Corporation with Purolite Corporation in 2018 is a case in point. As per the agreement, NGL- Impact A – the next-generation protein A ligand of the former will be commercialized by the latter using its new Praesto agarose jetting based bead technology.

Some top-notch companies operating in the protein A resin market are GE Healthcare, Thermo Fisher Scientific Inc., Tosoh Corporation, Repligen Corporation, Merck KGaA, Purolite Corporation, and Novasep Holding SAS.

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Protein A Resin Market: Key Trends

Increasing investments for protein-based research is one of the key factors driving the protein A resin market. E A number of private as well as public organizations are funding protein-based research programs for improved therapeutics of diseases. For example, the National Institute of Health, invests almost US$32.3 million each year in medical research by offering grants for projects and programs in life sciences and medical fields.

Rising interest of researchers in synthetic biology fuels the protein A resin market. Initiatives of researchers to develop novel machine for generating synthetic proteins is a plus for the growth of the market. For example, MIT chemists have created tabletop automated flow synthesis machine that dramatically reduces the time taken for generating synthetic proteins.

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Increasing prevalence of chronic diseases resulting in demand for novel therapeutics for disease management bodes well for protein A resin market. According to data of the United Nations Population Fund, individuals of 60 years and above comprise 12.3% of the world population, which is projected to increase to nearly 22% by 2050. High prevalence of chronic diseases among individuals of 60 years and above puts forth demand for novel therapeutics for these diseases. This indirectly benefits protein A resin market.

Of the two key source of protein A resin, recombinant source is anticipated to expand at a faster growth rate in the forthcoming years. This is mainly because of use of protein A resins in large quantity in the downstream processing of monoclonal antibodies.

Protein A Resin Market: Regional Assessment

Powered by the U.S., North America accounts for more than 70% revenue share in the protein A resin market. Established biotechnological and pharmaceutical industries, presence of key players, and rising government funding are key factors that makes the region at the forefront.

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On the other hand, Asia Pacific is expected to display a notable growth rate in the upcoming years. Increasing R&D investments in biopharmaceutical companies, improving pharmaceutical industry sector, and home to some of the fastest-growing emerging economies such as India are key factors behind notable growth of protein A resin market in the region.

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