The U.S. preparative chromatography market is projected to experience a steady growth with a Compound Annual Growth Rate (CAGR) of 2.3% until 2034, fueled by the flourishing biopharmaceutical sector, ongoing research initiatives, and increased regulatory requirements
NEWARK, Del, Jan. 23, 2024 (GLOBE NEWSWIRE) — The global preparative chromatography market was valued at US$ 1,311.8 million in 2023 and is expected to reach US$ 2,139.4 million by 2034. The market is set to expand at a CAGR of 4.5% over the forecast period. It is projected to attain a valuation of US$ 1,377.9 million by 2024.
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 necessity for sophisticated purification methods and the requirement for more productive & affordable procedures. Creating novel chromatography products and technological developments are anticipated to accelerate market expansion.
Request A Sample Copy of This Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-18819
Future growth in the pharmaceutical and biotechnology sectors is anticipated to be substantial due to the increasing demand for and production of preparative chromatography. Materials for the production of the coronavirus vaccine were analyzed using preparative chromatography and the separation process.
The increasing need for omega-3 fatty acids & insulin, growing worries about food safety & quality, and an aging population are all contributing to the rise of the market. Furthermore, research in the market is anticipated to be driven by current paradigms that concentrate on analyzing and separating monoclonal antibodies employing moderate reverse-phase chromatography.
Key Takeaways from the Market Study:
- The United States is expected to surge at a CAGR of 2.3% by 2034.
- Germany is projected to rise at a 2.1% CAGR by 2034 based on the country.
- Based on the product, the detector segment is expected to rise at a CAGR of 8.1% by 2034.
- By application, the pharmaceutical segment is projected to surge at 2.6% CAGR by 2034.
- By 2024, the preparative chromatography market is set to reach US$ 1,377.9 million.
“Due to its great selectivity and scalability, preparative chromatography is essential for meeting the purity standards of components necessary for regulatory compliance. As the market for monoclonal antibodies and other biopharmaceuticals grows, preparative chromatography is becoming an increasingly important technology in the bioprocessing chain,” opines Sabyasachi Ghosh Associate Vice President at Future Market Insights (FMI).
Preparative Chromatography Market Outlook:
Attributes | Key Insights | |
Base Value, 2023 | US$ 1,311.8 million | |
Estimated Global Preparative Chromatography Market Size (2024E) | US$ 1,377.9 million | |
Projected Preparative Chromatography Market Value (2034F) | US$ 2,139.4 million | |
Value-based CAGR (2024 to 2034) | 4.5% |
Drive Your Business Growth Strategy: Purchase the Report for Key Insights! https://www.futuremarketinsights.com/checkout/18819
Competitive Landscape:
Leading manufacturers in the industry employ key strategies to enhance their market presence and product offerings through innovative products. A handful of instances indicating how market players expanded and achieved top positions through market expansion and the introduction of new and advanced products:
- In June 2022, Bio-Rad Laboratories, Inc. launched CHT prepacked Foresight Pro Columns, specifically designed to help downstream chromatography applications.
- In 2021, CEM launched the Prodigy preparative high-performance liquid chromatography (HPLC) system.
Key Companies Profiled:
- Thermo Fisher Scientific Inc.
- Bio-Rad Laboratories, Inc.
- Agilent Technologies, Inc.
- Waters Corporation
- Cytiva (Danaher)
- Satorius AG
- Shimazdu Corporation
- PerkinElmer Inc.
- Hitachi High-Tech Corporation
- KNAUER Wissenschaftliche Geräte GmbH
- Gilson Incorporated
- JASCO Global
- Jiangsu Hanbon Science&Technology Co., Ltd.
- LPP Equipment AG
- Teledyne ISCO
- YMC CO., LTD.
- ECOM spol. s r.o.
- Sheng-Hanp.
- Sykam GmbH
- Postnova Analytics GmbH
Access the Complete Report Methodology Now! https://www.futuremarketinsights.com/request-report-methodology/rep-gb-18819
Preparative Chromatography Market Segmentation by Category:
By Product:
- Systems
- Semi-preparative HPLC Systems
- Preparative HPLC Systems
- Resins
- Affinity Chromatography (AC)
- Ion exchange Chromatography (IEX)
- Size-exclusion Resins
- Hydrophobic Interaction Resins
- Mixed-mode/Multi-mode Resins
- Other Resins
- Detectors
- UV/Vis Detectors
- Diode-array Detectors
- Refractive Index Detectors
- Fluorescence Detectors
- Mass Spectrometry Detectors
- Evaporating Light Scattering Detectors
- Electrochemical Detectors
- Consumables
- Columns
- Prepacked Columns
- Empty Columns
By Application:
- Pharmaceuticals
- Small Molecule
- Peptides
- Oligonucleotides
- Monoclonal Antibodies
- Others
- Cosmetics
- Food Ingredients
- Molecular Biology and Diagnostics
- Fine Chemical and Synthetic Chemistry
- Environmental Chemistry
- Forensic Sciences
- Drugs of Abuse and Sports Drug Testing
- Research Use
- Other Application
By End User:
- Pharmaceutical Companies
- Biotechnology Companies
- Contract Research Organizations
- Cosmetic Manufacturers
- Food and Beverage Industry
- Chemical Industry
- Diagnostic Laboratories
- Reference Laboratories
- National Anti-doping Organizations
- Law-enforcement Agencies
- Academic and Research Institutes
By Region:
- North America
- Latin America
- East Asia
- South Asia and Pacific
- Western Europe
- Eastern Europe
- Middle East and Africa
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
Explore FMI’s related ongoing Coverage in Healthcare Market Insights Domain:
Parenteral Compounding Market Size: The parenteral compounding market size is projected to be worth US$ 1.7 billion in 2023. The market is likely to surpass US$ 4.0 billion by 2033 at a CAGR of 9.1% during the forecast period.
Orthopedic Prosthetics Market Share: The orthopedic prosthetics market is projected to be valued at US$ 3,721.6 million by 2024. Expanding at a 5% CAGR, the global market is poised to register a valuation of US$ 3,909.9 million by 2034.
Liquid Filled Capsule Market Demand: The global liquid filled capsule market is expected to rise at a CAGR of 2.9% in the forecast period 2024 to 2034. The market value is projected to increase from US$ 1,587.1 million in 2024 to US$ 2,113.9 million in 2034.
Inhalation CDMO Market Growth: The global inhalation CDMO industry is expected to expand at a CAGR of 6.4% in the forecast period 2024 to 2034. The market value is projected to increase from US$ 2,018.0 million in 2024 to US$ 3,740.2 million in 2034.
Nutraceutical CDMO Market Outlook: The global nutraceutical CDMO market size is projected to expand with a CAGR of 5.6% during the assessment period. The market value is expected to increase from US$ 35,730.8 million in 2024 to US$ 61,655.3 million by 2034.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: [email protected]
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
Originally published at https://www.einpresswire.com/article/683246199/global-preparative-chromatography-market-is-projected-to-reach-us-2-139-4-million-by-2034-amid-growing-application-in-purification-of