(PharmaNewsWire.Com, December 16, 2017 ) The market is showcasing evident potential in the mentioned forecasting period. Increasing research on monoclonal antibodies is expected to drive sales of Protein A resins over the forecast period.
Monoclonal antibodies can be defined as an antibody produced by a single clone of cells; they 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 have been showing promising results in the management of chronic diseases such as cancers and rheumatoid arthritis.
Growing demand for biosimilars and increasing investments in the development of biosimilar products are the major factors driving the market for monoclonal antibodies. However increasing awareness about alternate methods to purify monoclonal antibodies is expected to hamper the Protein A Resins market. High cost of the Protein A resin is also a major factor hindering the growth of the market.
Global Protein A resin market is segmented by product type, application, matrix type and end user. On the basis if product the market is further sub-segmented into Natural Protein A Resin and Recombinant Protein A Resin. Recombinant Protein A segment is estimated to be the fastest growing within this segment. By application protein A resin market is segmented into Immunoprecipitation and Antibody Purification. In the application segment immune precipitation is estimated to be the fastest growing. Based on Matrix type global Protein A Resin market is segmented into Glass or Silica, Agarose and Organic Polymer. Among the matrix type agarose accounts for the largest share and is estimated to continue its strong hold during the forecast period. By end user market is segmented into Biopharmaceutical Manufacturers, Clinical Research Laboratories and Academic Institutions
On the basis of geography global Protein A resin market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America is the largest market for Protein A resin accounting for a share of approximately 37% due to large number investments in the development of monoclonal antibodies followed by Europe. Asia Pacific region is estimated to be the fastest growing region with a Compound Annual Growth Rate of XX% owing to large number of untapped markets and growing awareness about the developments in the market
Major Players in the market are entering into strategic agreements to develop raw materials required manufacture Protein A resins. 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.
Market Segmentation
1) By Product Type
5.1.1 Natural Protein A Resin
5.1.2 Recombinant Protein A Resin
2) By Application
5.2.1 Immunoprecipitation
5.2.2 Antibody Purification
3) By End Users
5.3.1 Biopharmaceutical Manufacturers
5.3.2 Clinical Research Laboratories
5.3.3 Academic Institutes
4) By Matrix Type
5.4.1 Glass or Silica
5.4.2 Agarose
5.4.3 Organic Polymer
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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