(PharmaNewsWire.Com, October 27, 2017 ) The market is showcasing evident potential in the mentioned forecast period due to increasing research on monoclonal antibodies which intern is expected to drive the sales of Protein A resins.
Monoclonal antibodies can be defined as an antibody produced by a single clone of cells; these antibodies can be produced in large quantities in the laboratory. They can be used to carry drugs, toxins, or radioactive substances straight to cancer cells. Monoclonal antibodies are showing promising results in the treatment of chronic diseases such as cancers and rheumatoid arthritis.
Latin America market for Protein A resins is driven by factors such as growing demand for biosimilars and escalating investments into the research and development of new biosimilar products where as increasing awareness about alternate methods to purify monoclonal antibodies is anticipated to hamper the growth of Protein A Resins market. High cost of the Protein A resin is also a major restraining factor for the market growth.
Latin America Protein A resin market is segmented by product type, application, matrix type and end user. Based on product the market is sub-segmented as Natural Protein A Resin and Recombinant Protein A Resin. Recombinant Protein A is estimated to be the fastest growing PRODUCT segment. By application protein A resin market is segmented into Immuno precipitation and Antibody Purification. Immune precipitation is estimated to be the fastest growing. On the basis of Matrix type global Protein A Resin market is analyzed as Glass or Silica, Agarose and Organic Polymer. Agarose accounts for the largest share in matrix type and is estimated to continue its strong share during the forecast period. By end user Protein A market is segmented into Biopharmaceutical Manufacturers, Clinical Research Laboratories and Academic Institutions
By geography Latin America Protein A resin market is analysed under various regions namely Mexico, Argentina and Brazil. Brazil is the largest market for Protein A Resins while Argentina is estimated to be the fastest growing region with a CAGR of XX%
Some of the key companies covered in the report are GE Healthcare, Repligen Corporation, Novasep, Tosoh Bioscience, GenScript, Thermo Fisher Scientific, EMD Millipore and Expedeon Ltd.
Scope of the Report Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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