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Preparative and Process Chromatography Market estimated worth 7.88 Billion USD by 2021

Added: (Fri May 12 2017)

Pressbox (Press Release) - The report "Preparative and Process Chromatography Market by Type (Preparative, Process), Products (Systems, Columns, Empty, Glass, Resins, Protein A, Affinity, Ion exchange, Mixed mode, Services), End User (Biotechnology, Pharmaceutical) - Global Forecasts to 2021", The global preparative and process chromatography market is expected to reach USD 7.88 Billion by 2021 from USD 5.79 Billion in 2016 at a CAGR of 7.5% from 2016 to 2021.

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The global preparative and process chromatography market is expected to reach USD 7.88 Billion by 2021 from USD 5.79 Billion in 2016 at a CAGR of 7.5% from 2016 to 2021. The major factors driving the growth of this market are the increasing prevalence of diabetes and other chronic diseases, along with growing awareness about their treatment, is increasing the demand for insulin and biopharmaceutical products across the globe.

The report segments this market on the type, process chromatography market by products and services, preparative chromatography by products and services, and end user. On the basis of type, the preparative and process chromatography market is segmented into process chromatography and preparative chromatography. The process chromatography segment is expected to account for the largest share of the market during the forecast period. The large share of this segment is attributed to increasing demand for insulin and other biopharmaceuticals worldwide.

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Based on product and service, the process chromatography market is segmented into systems; columns; solid supports, resins, and reagents; and services. The solid supports, resins, and reagents segment is projected to witness the largest growth in this market due the repetitive usage of solid supports, resins, and reagents in process chromatography.

Based on product and service, the preparative chromatography market is segmented into systems; columns; solid supports, resins, and reagents; and services. The solid supports, resins, and reagents segment is projected to witness the largest growth during the forecast period primarily due to the high consumption of solid supports, resins, and reagents in preparative chromatography procedures.

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Based on end user, the preparative and process chromatography market is segmented biotechnology and pharmaceutical industries, food and nutraceuticals industries, and academic research laboratories. The biotechnology and pharmaceutical industries segment is projected to witness the highest growth rate in this market primarily due increasing demand for pharmaceutical and biopharmaceutical products across the globe, among other factors.

Based on region, the global preparative and process chromatography market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). The Asian market is expected to grow at the highest CAGR during the forecast period. Factors such as the growing demand for preparative and process chromatography procedures in the life sciences, biotechnology, food and beverage, and other sectors and the geographic expansion of major chromatography players in this market.

The key players in the preparative and process chromatography market include by GE Healthcare (U.S.), Bio-Rad Laboratories (U.S.), Merck Millipore (U.S.), Pall Corporation (U.S), Thermo Fisher Scientific (U.S.), Novasep (France), Waters Corporation (U.S.), AkzoNobel N.V. (Netherlands), Chiral Technologies, Inc. (Japan), and Agilent Technologies Inc. (U.S.).

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