(PharmaNewsWire.Com, February 28, 2017 ) According to the report Asia-Pacific Protein A Resin Market, published by Market Data Forecast, the Asia-Pacific market is projected to reach USD 115.04 million by 2021, at a CAGR of 9.3 % from 2016 to 2021.
Theres been a lot of demand for monoclonal antibodies because of their use in cancer treatment. But Purification of Monoclonal Antibodies is needed for better usage. Protein A resins are designed for rapid and simple purification of Monoclonal Antibodies. Therefore, an increase in Monoclonal Antibodies Market directly Increases market for Protein A resins.
Asia-Pacific market for Protein A Resins is driven by factors such as high government support and increasing disposable income. Growing demand for biosimilars and increasing investments in the development of biosimilar products are also some of the key factors driving the market growth. However increasing awareness about alternate methods to purify monoclonal antibodies is hampering the Protein A Resins market. High costs associated with the Protein A resins is also a major factor restraining the market growth.
Asia-Pacific Protein A Resin Market By Product Natural Protein A Resin, Recombinant Protein A Resin By Application Immunoprecipitation, Antibody Purification By Matrix Type Glass or Silica, Agarose and Organic Polymer By End User Biopharmaceutical Manufacturers, Clinical Research Laboratories and Academic Institutions
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.
The Asia-Pacific Protein A Resin Market Study covers: 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 analyzing 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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