Transparency Market Research presents this most up-to-date research on “Prepacked Chromatography Columns Market: (Product Type – 1-100 ml, 100-1000 ml, and >1L; Technique – Hydrophobic Stationary Phase, Ion Exchange Chromatography, Affinity Chromatography, Multimodal Chromatography, Gel Filtration; Application Type – Sample Preparation, Resin Screening, Protein Purification, Anion and Cation Exchange,and Desalting; End-user – Pharmaceutical Biotechnology, Food and Beverage, Agriculture and Environmental, Nutraceutical, Academics and Research, and Analytical Laboratories) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024”
Prepacked Chromatography Columns Market: Snapshot
The global biopharmaceutical industry has witnessed steady growth over the years due to a surge in the sales of vaccines, statins, and therapeutics. This has, in turn, created a need for purification, thus increasing the demand for prepacked chromatography columns.
Prepacked chromatography columns have also been integrated in the biopharmaceutical industry and its acceptance is growing at a rapid pace. Government organizations in countries such as Canada, the U.S., and Germany have been upping their investments, grants, and funds in order to develop as well as bring innovative products to the market. This has also supported the prepacked chromatography columns market.
The global market is anticipated to expand at a CAGR of 8.4% during the forecast period, rising from a value of US$1.6 bn in 2015 to US$3.3 bn by 2024.
Increased Usage of Prepacked Chromatography Columns in Pharmaceutical Biotechnology
Based on product type, the >1L segment accounted for a share of just under 50% in the global prepacked chromatography columns market. The segment is expected to expand at a significant growth rate from 2016 to 2024. These columns can be used for clinical, preclinical, and small-scale and commercial large-scale manufacturing. The size of the >1L column market is likely to increase over the course of the forecast period due to a rise in the viability of larger-sized column production and a decrease in the cost of resins.
Major end users of prepacked chromatography columns include pharmaceutical biotechnology, the food and beverages, water and environmental, and nutraceutical industries, academics, research institutes, and analytical laboratories. The pharmaceutical biotechnology segment held a major share in the global prepacked chromatography columns market in 2015. The segment is driven by the high demand for purification on a commercial scale for the manufacture of biologics such as vaccines and monoclonal antibodies. Prepacked chromatography columns are widely used in the agriculture and food industries for the determination of pesticides and other additives in foods.
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Wide Range of Application of Prepacked Chromatography Columns a Major Growth Driver
“Prepacked chromatography columns are well suited for various industries for the separation as well as detection of organic molecules and components,” the lead analyst notes. As a result, these columns play a significant role in the production of biopharmaceutical products. Prepacked chromatography columns are also used in industries such as biotechnology, food and beverages, agriculture, chemicals, research, and forensics. This wide range of application is a key factor boosting the global market.
“The number of monoclonal antibodies used in clinical trials and those approved for various therapeutic applications has significantly increased in recent years,” the TMR analyst states. This growing need for therapeutic monoclonal antibodies has also supported the prepacked chromatography columns market.
In contrast, the economic slowdown in several countries over the past decade has had a considerable impact on government budgets and funding when it comes to research within the healthcare sector. This has adversely impacted the global market for prepacked chromatography columns market. Moreover, the high prices of columns and limitations resulting from clogging and fouling act as deterrents to the market.
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