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Protein A Resins Market size exceeded USD 600 million in 2019 and is set to grow at around 8.9% CAGR between 2020 and 2026.
Protein A resin chromatography is used to prepare large amount of pure materials to analyse trace of contaminates in the product. Chromatography has been used as an alternative in recent years to improve the productivity of resin capacity of chromatography purification process. Due to high specificity and affinity of protein A resins, 99 percent purity can be achieved in most generic form. Thus, aforementioned factors will poise the market growth during the given analysis time.
The market size of protein A resins exceeded USD 600 million in 2019.
Increasing usage of protein A resins in antibody purification procedure along with rising adoption of chromatographic techniques for identification of biochemicals will positively impact industry demand.
The biopharmaceutical companies segment accounted for over USD 453 million market size in 2019, says a GMI report.
The industry share of protein A resins is predicted to grow at 8.9% CAGR during 2020-2026.
According to GMI report, the North America protein A resins will witness around 9% CAGR during 2020-2026.
Some of the major companies in protein A resins industry include GE Healthcare, Thermo Fisher Scientific, EMD Millipore, and Bio-Rad Laboratories, etc.