Dublin, April 20, 2023 (GLOBE NEWSWIRE) -- The "Protein A Resin Market by Product (Agarose-based, Glass/Silica-based, Organic polymer-based), Type (Recombinant Protein A, Natural Protein A), Application (Antibody Purification, Immunoprecipitation), End User & Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
The global protein A resin market is projected to reach USD 2.1 billion by 2028 from USD 1.2 billion in 2022, growing at a CAGR of 9.8% during the forecast period. The rise in advantages offered by protein A resin to be used in therapeutics is one of the major factors anticipated to boost the market growth in the forecasting years.
The agarose-based protein A resin segment to hold the largest share of the market in 2022
On the basis of product, the protein A resin market is segmented into agarose-based protein A, glass/silica-based protein A, and organic polymer-based protein A. The agarose-based protein A segment commanded the largest share of the market in 2022, as agarose is the most widely used matrix resin for the attachment of ligands that bind proteins.
The recombinant protein A resin segment to hold the largest share of the market in 2022
On the basis of type, the protein A resin market is segmented into recombinant and natural protein A resin. The recombinant protein A segment accounted for a larger market share in 2022 and is estimated to register a higher CAGR during the forecast period. The high growth of this segment can be attributed to the increasing technological advancements for the discovery of drugs and antibody purifications.
The antibody purification segment is projected to register the highest CAGR during the forecast period
Based on application, the protein A resin market is segmented into antibody purification and immunoprecipitation. The antibody purification application segment dominated the market in 2022 and is expected to register a higher CAGR during the forecast period. The high growth of this segment can primarily be attributed to the increasing use in downstream processing of the antibodies and increasing demand for mAbs for therapeutic as well as research purposes.
The pharmaceutical & biopharmaceutical companies segment is projected to register the highest CAGR during the forecast period
The end-user market is segmented into pharmaceutical and biopharmaceutical companies, academic research institutes, and other end users. Pharmaceutical and biopharmaceutical companies accounted for the largest share of the global protein A resin market in 2022. This end-user segment is also estimated to grow at the highest CAGR during the forecast period. This can be attributed to the factors such as the increasing use of monoclonal antibodies in the therapeutic areas of different diseases like oncology, tuberculosis, and autoimmune diseases.
The market in the North America region is expected to hold significant market share for protein A resin in 2022
The protein A resin market covers five key geographies - North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The market in the North American region is expected to hold a significant market share for protein A resin in 2022. The growth of the protein A resin market in this region can be attributed to the increasing investments in pharmaceutical R&D and government funding for R&D activities.
Market Dynamics
Drivers
- Growing Demand for Disposable Pre-Packed Columns
- Increasing Demand for Therapeutic Antibodies
- Increasing Pharmaceutical R&D Spending
- Stringent Regulatory Control in Healthcare Industry
Restraints
- High Cost of Resins
- Dearth of Skilled Professionals
Opportunities
- Increasing Number of CMOs and CROs
Challenges
- Regulatory Restrictions
- Issues Associated with Scaling Up Production of Protein A Resins
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 145 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $1.2 Billion |
| Forecasted Market Value (USD) by 2028 | $2.1 Billion |
| Compound Annual Growth Rate | 9.8% |
| Regions Covered | Global |
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Protein A Resin Market, by Product
6.1 Introduction
Table 4 Market, by Product, 2020-2028 (USD Million)
6.2 Agarose-based Protein A
6.2.1 Agarose-based Protein A Segment to Dominate Market
6.3 Glass/Silica-based Protein A
6.3.1 Low Ph Tolerance of Silica-based Resins to Limit Their Market Growth
6.4 Organic Polymer-based Protein A
6.4.1 Increasing Popularity of Organic Polymers to Drive Market Growth
7 Protein A Resin Market, by Type
7.1 Introduction
7.2 Recombinant Protein A
7.2.1 Cost-Efficiency of Recombinant Proteins to Drive Market Growth
7.3 Natural Protein A
7.3.1 Advantages of Recombinant Protein A Have Restricted Market Potential of Natural Protein A
8 Protein A Resin Market, by Application
8.1 Introduction
8.2 Antibody Purification
8.2.1 Antibody Purification Segment to Dominate Market During Forecast Period
8.3 Immunoprecipitation
8.3.1 Immunoprecipitation Segment to Grow at Lower CAGR During Forecast Period
9 Protein A Resin Market, by End-user
9.1 Introduction
9.2 Pharmaceutical and Biopharmaceutical Companies
9.2.1 Protein A Resins Extensively Used to Produce Biological Drugs
9.3 Academic Research Institutes
9.3.1 Increasing R&D in Drug Discovery to Drive Use of Protein A Resins
9.4 Other End-users
10 Protein A Resin Market, by Region
11 Competitive Landscape
12 Company Profiles
13 Appendix
Companies Mentioned
- Abcam PLC
- Agarose Bead Technologies
- Agilent Technologies, Inc.
- Avantor, Inc.
- Bio-Rad Laboratories, Inc.
- Bio-Works
- Danaher Corporation
- Generon
- Geno Technology Inc.
- Genscript
- JNC Corporation
- JSR Lifesciences, LLC
- Kaneka Corporation
- Merck KGaA
- Novasep Holding Sas
- Orochem Technologies Inc.
- Perkinelmer Inc.
- Promega Corporation
- Purolite
- Repligen Corporation
- Suzhou Nanomicro Technology Co. Ltd.
- Takara Bio Inc.
- Thermo Fisher Scientific
- Tosoh Bioscience LLC
- Transgen Biotech Co. Ltd.
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