April 25, 2022 05:46 ET | Source: Vantage Market Research Vantage Market Research
WASHINGTON, April 25, 2022 (GLOBE NEWSWIRE) — Vantage Market Research’s recent analysis of the Global Prepacked Chromatography Columns Market finds that increasing demand for biopharmaceutical products worldwide, purification of antibodies, and recombinant proteins as well as vaccines; are factors that influencing the growth of Prepacked Chromatography Columns Market. Additionally, increasing demand for drug discovery and biological researches further propelling the market growth over the forecast period.
The total Global Prepacked Chromatography Columns Market is estimated to reach USD 2,344.4 Million by the year 2028. The Global Market valued at USD 1,929.5 Million in the year 2021, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 3.30%, states Vantage Market Research, in a report, titled “Prepacked Chromatography Columns Market Size, Share & Trends Analysis Report by Type (<100 ML, 100-1000 ML, >1000 ML), by Technique (Hydrophobic Stationary Phase Chromatography, Ion-Exchange Chromatography, Multimodal Chromatography, Others), by Application (Resin Screening, Protein Purification, Sample Preparation, Anion and Cation Exchange), by End-Use (Pharmaceutical and Biotechnology Companies, Research Laboratories, Water and Environmental, Food and Beverages), by Region (North America, Europe, Asia Pacific, Latin America) – Global Industry Assessment (2016 – 2021) & Forecast (2022 – 2028)”.
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Increasing Demand for Drug Discovery
Drug discovery is one of the most drastically grown the pharmaceutical as well as subsequent sectors. Nowadays, increasing severity of infectious as well as chronic diseases has drawn the attention of pharmaceutical companies as well as biotechnology and biopharmaceutical companies towards increased drug discovery processes. Chromatography process plays a vital role in the drug discovery process. Thus, increasing disease prevalence is increasing the demand for newer cost effective and better drugs. In turn, increasing demand for drug discovery which is ultimately increasing the demand for Prepacked Chromatography Columns further driving the market growth over the forecast period.
Most important factors supporting the growth of the Global Prepacked Chromatography Columns Market is companies opting to work on the targets due to availability of tremendous number of opportunities. Moreover, across the globe, consumer demand for reducing the cost of treatment is the other major factor boosting the Global Prepacked Chromatography Columns Market.
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Segmentation of the Global Prepacked Chromatography Columns Market:
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High cost of Resins and Size Limitations
Cost of the resign is one of the most significant factors restraining the market growth over the forecast period. Additionally, the limitations of the column sizes are another restraining factor for the market.
COVID-19 Impact Analysis:
The COVID-19 outbreak has affected various industries worldwide. Governments across the world implemented strict lockdown measures and social distancing norms in order to restrict the swift spread of the pandemic. Manufacturing facilities around the world were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pandemic might lead to a significant delay in the commercial roll-out of the electronics industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020. Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:
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The Report on Prepacked Chromatography Columns Market Highlights:
North America Holds Maximum Market Share
North America is expected to dominate the growth of Prepacked Chromatography Columns Market in 2021. The major driving factors for the market are presence of presence of the prominent market players in the region. Additionally, presence of high fundings in R&D and increasing investments from major players as well is providing the opportunity for the market, further propelling to market growth.
List of Prominent Players in the Prepacked Chromatography Columns Market:
Browse market data Tables and Figures spread through 147 Pages and in-depth TOC on “Prepacked Chromatography Columns Market Size, Share & Trends Analysis Report by Type (<100 ML, 100-1000 ML, >1000 ML), by Technique (Hydrophobic Stationary Phase Chromatography, Ion-Exchange Chromatography, Multimodal Chromatography, Others), by Application (Resin Screening, Protein Purification, Sample Preparation, Anion and Cation Exchange), by End-Use (Pharmaceutical and Biotechnology Companies, Research Laboratories, Water and Environmental, Food and Beverages), by Region (North America, Europe, Asia Pacific, Latin America) – Global Industry Assessment (2016 – 2021) & Forecast (2022 – 2028)” View detailed Research Report here – https://www.vantagemarketresearch.com/press-release/prepacked-chromatography-columns-market-243873
April 2020: Tosoh Bioscience GmbH, a provider of chromatographic solutions, launched Skill Pak 1 mL and 5 mL pre-packed columns. These columns help in rapid resin screening of antibody constructs, monoclonal antibodies, oligonucleotides, viruses, and proteins.
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