The protein A resin market is
predicted to rise at a notable pace in the forthcoming years, with growing
research in monoclonal antibodies being a primary factor. Surging burden of
chronic diseases is gathering interest of researchers for further studies of
monoclonal antibodies.
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Besides this, rising investment for
protein-based research wherein pharma companies are offering next-generation
protein A resins is fuelling the protein A resin market. Interest of scientists
and researchers in synthetic biology, and emphasis of the biopharmaceutical
industry for use of protein-engineered products to develop protein-based drugs
are some other key factors paving the growth of protein A resin market.
The study offers a comprehensive
analysis of the protein A resin market bringing to fore valuable insights that
can help stakeholders identify opportunities and challenges. The report tracks
the protein A resin market across key regions, and includes in-depth assessment
and accurate quantitative insights.
The protein A resin market features a
consolidated vendor landscape due to the presence of a few giant pharmaceutical
companies. Players in the protein A resin market are focused on collaboration
and partnerships for the development of next-generation protein A resins. The
agreement of Repligen Corporation with Purolite Corporation in 2018 is a case
in point. As per the agreement, NGL- Impact A – the next-generation protein A
ligand of the former will be commercialized by the latter using its new Praesto
agarose jetting based bead technology.
Some top-notch companies operating in
the protein A resin market are GE Healthcare, Thermo Fisher Scientific Inc.,
Tosoh Corporation, Repligen Corporation, Merck KGaA, Purolite Corporation, and
Novasep Holding SAS.
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Protein A Resin
Market: Key Trends
Increasing investments for
protein-based research is one of the key factors driving the protein A resin
market. E A number of private as well as public organizations are funding
protein-based research programs for improved therapeutics of diseases. For
example, the National Institute of Health, invests almost US$32.3 million each
year in medical research by offering grants for projects and programs in life
sciences and medical fields.
Rising interest of researchers in
synthetic biology fuels the protein A resin market. Initiatives of researchers
to develop novel machine for generating synthetic proteins is a plus for the
growth of the market. For example, MIT chemists have created tabletop automated
flow synthesis machine that dramatically reduces the time taken for generating
synthetic proteins.
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Increasing prevalence of chronic
diseases resulting in demand for novel therapeutics for disease management
bodes well for protein A resin market. According to data of the United Nations
Population Fund, individuals of 60 years and above comprise 12.3% of the world
population, which is projected to increase to nearly 22% by 2050. High
prevalence of chronic diseases among individuals of 60 years and above puts
forth demand for novel therapeutics for these diseases. This indirectly benefits
protein A resin market.
Of the two key source of protein A
resin, recombinant source is anticipated to expand at a faster growth rate in
the forthcoming years. This is mainly because of use of protein A resins in
large quantity in the downstream processing of monoclonal antibodies.
Protein A Resin
Market: Regional Assessment
Powered by the U.S., North America
accounts for more than 70% revenue share in the protein A resin market.
Established biotechnological and pharmaceutical industries, presence of key
players, and rising government funding are key factors that makes the region at
the forefront.
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On the other hand, Asia Pacific is
expected to display a notable growth rate in the upcoming years. Increasing
R&D investments in biopharmaceutical companies, improving pharmaceutical
industry sector, and home to some of the fastest-growing emerging economies
such as India are key factors behind notable growth of protein A resin market
in the region.
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