Know More About “Preparative And Process Chromatography Market 2023-2030� Growth Worldwide…

Posted by Mrudula Anil Karmarkar on January 30th, 2024

San Francisco, 30 January 2024: The ReportPreparative And Process Chromatography Market Size, Share & Trends Analysis Report By Product (Process Chromatography, Preparative Chromatography), By End-use (Food, Nutraceutical), By Type, And Segment Forecasts, 2023 - 2030

The global preparative and process chromatography market size is expected to reach USD 19.04 billion in 2030 and is expected to register a CAGR of 9.08% over the forecast period. High demand for monoclonal antibodies, rising geriatric population, growing food safety concerns, demand for purification & separation of chemical compounds on a larger scale, growing government investments in synthetic biology & genome, increasing demand for insulin & other biopharmaceutical products, and rising awareness of advances in preparative & process chromatography are expected to propel the market growth during the forecast period.

Furthermore, increased R&D activities in the pharmaceutical and biotechnology industries are boosting the usage of liquid chromatographic techniques in downstream tests, resulting in market growth. The demand for separation and process chromatography systems can be attributed to an increase in research activities in the fields of biotechnology and pharmaceutics, as well as arise in the requirement for separation analysis around the world. Rising government and private-sector investment in separation and process chromatography is a major driver of global market growth.

In addition, technological advancements designed to improve end-product yield recovery are accelerating and enhancing the adoption of these procedures in a variety of applications. Moreover, the growing use of these methodologies has prompted the industry's major players to make strategic expenditures to improve their revenue share. Companies are working hard to develop new items to fulfill shifting consumer needs. Shimadzu Corporation, for example, announced their "Advanced i-Series" HPLC in November 2020. This is a new flagship liquid chromatography machine that can be used remotely. Similarly, in July 2023, Bio-Rad Laboratories launched EconoFit low-pressure prepacked chromatography column packs.

The growth of this market is driven by the rising demand and approval of monoclonal antibodies in the pharmaceutical and biotechnology sectors. In addition, the market is driven by the expanding biopharmaceutical industry, the demand for advanced purification techniques, and the need for more efficient and cost-effective processes. Technological advancements and the development of innovative chromatography products are expected to boost market growth. For instance, in October 2021, CEM launched the prodigy preparative high-performance liquid chromatography (HPLC) system.

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The system offers an elevated temperature capability, resulting in enhanced resolution and separation capabilities. The COVID-19 pandemic had a favorable impact on the market owing to the high demand for COVID-19 vaccines and treatment medications. Similarly, the pharmaceutical and biotechnology industries are likely to experience significant growth in the future driven by the emerging production and demand for preparative and process chromatography. The separation process and preparative chromatography can be employed in the analysis of materials for the manufacturing of the coronavirus vaccine.

Preparative And Process Chromatography Market Report Highlights

• Process chromatography dominated the market with the largest revenue share in 2023 owing to the growing research activities and adoption of automated systems in the field of biopharmaceuticals
• The liquid chromatographic segment held the largest market share in terms of revenue in 2023 owing to the high demand for preparative HPLC in the therapeutic development process
• The pharmaceutical segment held the largest share in 2023 owing to increasing application in drug safety assessment as an analytical tool for qualitative and quantitative analysis
• North America dominated the market in 2023 owing to the increasing investments in the development of new resin for the isolation and purification of vaccines. Extensive COVID-19 vaccine development efforts in the region have spurred market growth as the process significantly relies on the use of chromatography for the characterization
• Asia Pacific is projected to witness the fastest growth rate over the forecast period. The growing biopharmaceutical sector in the region has increased the demand for antibodies and resins. Extensive R&D activities in the Asian pharmaceutical market result in the growing demand for chromatography products

A chromatography system is a scientific technique used for isolating specific components from sample mixtures. Analytical and preparative chromatography systems are widely employed in qualitative and quantitative methods to analyze biotechnological, pharmaceutical, and other components. The market for chromatography systems is experiencing growth due to various factors, including the increasing demand for insulin and omega-3 fatty acids, rising concerns related to food quality & safety, and the growing geriatric population. Moreover, ongoing research paradigms focusing on the separation and analysis of monoclonal antibodies using mild reverse-phase chromatography are expected to drive research in this market.

Companies are actively involved in developing flexible and robust platforms for the continuous production of monoclonal antibody products, leading to an increased demand for quality control measures. The market is experiencing growth due to the high demand for preparative techniques, technological advancements in chromatography, and the large-scale integration of liquid chromatographic techniques in downstream processing. Affinity chromatography has emerged as a pivotal tool to purify proteins as it is based on highly specific interactions occurring between the protein of interest and an immobilized ligand.

Preparative And Process Chromatography Market Report Scope

The Downstream Process (DSP) or the product purification process is one of the costliest aspects of modern bioprocess protocols, particularly with respect to proteins. Hence, in these cases, chromatography serves as a crucial tool at all stages of DSP, from early initial capture to the final polishing or finishing steps. Preparative techniques have gained wide acceptance for the purification of APIs and the key drivers associated with this expanding acceptance include improved throughput, cost-effectiveness, and purity. These techniques offer the users sufficient material volume at the desired quality for the initiation of clinical and preclinical trials. This, in turn, opens alternative routes for commercialization with minimum time invested in product development.

Companies engaged in the development of innovative products are expected to intensify the market competition. The key players are focused on continuous innovations and launching products to retain and acquire market share. Moreover, the companies are developing products as per the global demands, along with the integration of advanced technologies in the product. For instance, in August 2020, the new Thermo Scientific Dionex Easion ion chromatographic system was launched by Thermo Fisher Scientific for water analysis. This product support reduces the total cost of maintenance and ownership. In November 2020, Shimadzu Corporation launched the “Advanced i-Series” HPLC. This is an improved flagship LC model to support remote work.

List of Key Players of Preparative And Process Chromatography Market

• GE Healthcare
• Danaher Corp.
• Merck KGaA
• Bio-Rad Laboratories Inc.
• Thermo Fisher Scientific Inc.
• Shimadzu Corp.
• Agilent Technologies
• Waters Corp.
• Novasep Holding S.A.S