The protein purification and isolation market is anticipated to grow rapidly, with a CAGR of 10.6 percent from 2022 to 2032, from its projected value of US$ 8.29 billion in 2022 to US$ 17.41 billion by 2032. The expanding significance of creating novel ligands, such as protein-based pharmaceutical compounds, is one of the key factors boosting demand for protein purification and isolation. Additionally, a rise in the demand for purification kits in rapid screen tests is expected to drive growth in the protein purification and isolation market. A trend toward technologically advanced instruments for protein purification and the growth of the proteomics market are driving up sales of protein purification and isolation. During the forecast period, all of these elements, together with increasing R&D in the pharmaceutical and biotechnology industries, are predicted to increase the global protein purification and isolation market share. Untapped growth markets and protein treatments benefit the protein purification and isolation industry, as a result, the sales of protein purification and isolation are expected to increase. Also, the rise in demand for purification and isolation equipment is projected to rise due to the increased usage of automated analyzers. The demand for protein purification and isolation is high due to continual technological advancements. Agarose beads, various resins, magnetic and protein beads, as well as ligand tagging methods, are current trends in the protein purification and isolation market. The protein purification and isolation market outlook is being constrained by low acceptance rates of instruments, the challenge of maintaining purifying kits that fulfil all demands, and high tool costs. Key Takeaways from Market Study
Consumables held the largest share of the market for protein purification and isolation in 2021, with a share of 59 percent.
Chromatography is anticipated to have significant growth in the protein purification and isolation market during the forecast period, with a market share of over 24 percent in 2021.
The protein purification and isolation market is expected to increase quickly over the next few years, with studies on protein interactions accounting for the largest revenue share of over 29 percent in 2021.
Academic and research institutes provided more than 35.0 percent of total revenue in 2021.
With a revenue share of 47% in 2021, North America had the greatest revenue share. There are several variables driving the sales of protein purification and isolation in the region, including high funding for life science research, well-established research infrastructure, and the presence of these elements.
Asia Pacific is predicted to have the highest growth potential in the protein purification and isolation market.
“As pharmaceutical and biotechnological research for the development of novel treatments evolve, there is an increase in the demand for protein purification and isolation. Pharmaceutical