The Europe Protein A Resin Market is projected to reach USD 111.9 million in 2023, registering at a Compound Annual Growth Rate (CAGR) of 8.6% during the forecast period 2024-2030. The growth of the market is majorly driven by the increasing demand for antibodies and the increasing number of drug discoveries and r&d activities.
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In biomanufacturing, protein A resins are the most commonly utilized affinity resins. The sector will grow as a result of rising investments in synthetic biology and a greater emphasis on drug development by biotechnology and pharmaceutical businesses. In order to generate a wide range of protein-based medications, the biopharmaceutical industry frequently uses protein-engineered products in their research efforts. Protein A resins have a high affinity and selectivity, which allows for 99 percent purity in their most generic form.
The Europe Protein A Resin Market segmentation:
1) By Product Type: Natural Protein A Resin and Recombinant Protein A Resin
2) By Matrix Type: Glass or Silica, Agarose, and Organic Polymer
3) By Application: Immunoprecipitation (IP) and Antibody Purification
4) By End User: Biopharmaceutical Companies, Clinical Research Laboratories, and Academic Institutes
The market is divided into two segments based on the product: Natural Protein A Resin and Recombinant Protein A Resin. The market for protein A resin is dominated by the recombinant protein A segment. This market is predicted to increase significantly in the next years due to its large gelling strength at low concentrations, anti-convection medium, appropriate pH range, gel electrophoresis, and excellent mechanical strength.
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The prominent key players operating in the Europe Protein A Resin Market are Agilent Technologies, Purolite Corporation, Novasep Holding SAS, GenScript Biotech Corporation, PerkinElmer, GE Healthcare, Merck Millipore
Scope of The Report:
- The Europe Protein A Resin Market research report includes historical data, trending features, and market growth estimates for the future.
- The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.
- The market report helps to provide the best results for business enhancement and business growth.
- The report gives a comprehensive overview of both primary and secondary data.
- The market key players covered here to help them strengthen their place in the market.
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