PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1419098
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1419098
Preparative And Process Chromatography Market size was valued at USD 9,600 Million in 2022, expanding at a CAGR of 10.2% from 2023 to 2030.
A scientific method for separating different ingredients from sample mixtures is chromatography. Systems for analytical and preparative chromatography are frequently used in qualitative and quantitative techniques for the analysis of pharmaceutical, biotechnological, and other components.
The pharmaceutical and biotechnology industries' growing need for and approval of monoclonal antibodies is fueling the market's expansion. The market is also influenced by the growing biopharmaceutical sector, the necessity for sophisticated purification methods, and the requirement for more productive and affordable procedures. The creation of novel chromatography products and technological developments are anticipated to accelerate market expansion. For example, CEM introduced the Prodigy preparative high-performance liquid chromatography (HPLC) system in October 2021.
Furthermore, technological developments in chromatography, such as automated systems and high-throughput processes, are driving market growth. Single-use chromatography systems are also becoming more and more popular in the business, which lowers costs and increases flexibility.
The Global Preparative and Process Chromatography Market is segmented on the basis of Product, Type, End-User, and Region.
The market is divided into two categories based on Product: process/analytical chromatography and preparative chromatography. The process/analytical chromatography segment dominates the market. The rising demand from biomolecules processing is boosting the segment growth.
The market is divided into six categories based on Type: liquid chromatography, gas chromatography, thin-layer chromatography, paper chromatography, gel-permeation chromatography, and hydrophobic interaction chromatography. The liquid chromatography segment dominates the market and is likely to maintain its dominance during the forecast period. The hydrophobic interaction chromatography segment is expected to witness the fastest CAGR over the forecast period.
The market is divided into five categories based on End-User: pharmaceuticals, biotechnology, food, nutraceuticals, and others. The pharmaceuticals segment dominates the market and is likely to maintain its dominance during the forecast period. The growing demand for processed chromatography in pharma is proliferating the market growth.
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
It is anticipated that companies creating novel items is expected to see a rise in competitiveness. To maintain and increase their market share, the major players are concentrating on new product launches and ongoing advancements. In addition, the corporations are creating items that include cutting-edge technologies and cater to the wants of a global consumer base. For example, Thermo Fisher Scientific introduced the new Dionex Easion ion chromatographic scheme for water analysis.
In 2023, Agilent Technologies announced a USD 725 million investment in nucleic acid-based therapeutics, which includes therapeutic oligonucleotides (oligos), essential DNA and RNA molecules.
In 2022, Sartorius proclaimed a strategic cooperation and a 10% capital investment in BICO Group, a prominent frontrunner in bioprinting, bioscience.
The scope of this report covers the market by its major segments, which include as follows: