Protein A Resins Market share to grow at over 8.4% CAGR from 2016 to 2024: Fractovia.org The global report “Protein A Resins Market Size By Application (Immunoprecipitation, Antibody Purification), By Product (Natural protein A, Recombinant Protein A), By Matrix (Agarose, Glass/Silica Gel, Organic Polymer), By End Use (Biopharmaceutical, Clinical Research, Academic Research, CRO), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Spain, Italy, Russia, Poland, Japan, China, India, Australia, Argentina, Brazil, Mexico, South Africa, UAE, Saudi Arabia, Qatar, Kuwait, Egypt), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” by Global Market Insights, Inc. says Protein A Resin Market size is slated to surpass USD 900 million by 2024. Protein A resin market is witnessing an inflection point with the increasing research on biotechnological sector for novel drug development. Growing prevalence of chronic diseases like rheumatoid arthritis, cancer, etc., and the extensive use of monoclonal antibodies in these treatments, is growing at an appreciable pace. In addition to this, recent revolution in protein separation and purification techniques which include chromatography, precipitation, and filtration, is also expected to drive Protein A resin industry globally.
In depth analysis of the market based on applications, products, regions, and end users: Protein A resin industry mainly finds its application in two areas- antibody purification, and immunoprecipitation. Protein A resin market size in antibody purification is slated to witness a substantial growth in future, with an expected revenue share of USD 700 million by 2024, driven by the increasing diagnostic application of recombinant and monoclonal antibodies. In this regard, India has witnessed a remarkable growth owing to the surging rate of cancer patients in this region. Immunoprecipitation applications held a share of 20% of the Protein A resin industry, and is anticipated to grow an annual rate of 8% over the period 2016- 2024. Based on the product trends, recombinant Protein A resin market is forecast to outsell natural Protein A resin industry with a projected annual growth rate of 8.3% of the former over 2016-2024.
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