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Preparative And Process Chromatography Market Worth $9.97 Billion By 2026 | GE Healthcare, Pall Corporation, Merck KGaA, Bio-Rad Laboratories

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Preparative And Process Chromatography Market Worth $9.97 Billion By 2026 | GE Healthcare, Pall Corporation, Merck KGaA, Bio-Rad Laboratories

July 29
03:59 2020
Preparative And Process Chromatography Market Worth $9.97 Billion By 2026 | GE Healthcare, Pall Corporation, Merck KGaA, Bio-Rad Laboratories

Grand View Research, Inc. – Market Research And Consulting.
Key drivers of the market include rising R&D investments by the government and public and private companies, growing use of chromatography techniques in the food and nutraceuticals industry, and increasing demand for biopharmaceuticals.

The global preparative and process chromatography market size is expected to reach USD 9.97 billion by 2026, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.7% from 2019 to 2026. Chromatography is used in various research & development processes all over the world and this has helped it create good demands in the market. Also, it has received a diverse set of demands from the food and nutraceuticals industries, biopharmaceutical industries and from government and private industries looking to boost research and development in their products manufacturing.

Chromatography is a laboratory method for the separation of a mixture. The mixture is first mixed with a mobile phase and then it is carried through on a structure which is holding another material called stationary phase. This experiment leads to separation of ingredients as different ingredients travel at a different pace. This experiment provides genuine information about the ingredients and helps in drawing inferences for further research work. The purpose of preparative chromatography is to separate the components of a mixture for later use, and is thus a form of purification. There are multiple ways in which this process is conducted such as liquid chromatography, gas chromatography and high-performance liquid chromatography (HPLC).

North America preparative chromatography market size, by product, 2015 - 2026 (USD Million)

 

Get Details For “Sample Report, TOC, Segmentation & methodology of Preparative And Process Chromatography Market” Click Link Below: https://www.grandviewresearch.com/industry-analysis/preparative-process-chromatography-market

According to the International Federation of Pharmaceutical Manufacturers & Associations (IFPMA), around USD 149.8 billion is spent every year on R&D by pharmaceutical entities. In addition, National Science Foundation stated that in 2016, out of the total R&D expenditure of USD 71 billion for life sciences research, universities, and colleges in U.S. accounted for USD 40,888 million. These statistics clearly states the importance of chromatography in several academic and research institutions and how they provide the boost to the industry. It is also notable that due to several innovations, multiple types of preparative and process chromatography is in use, which is one other factor improving the growth of the market. These new product types are:

Preparative Chromatography

  • Consumables

  • Solid Supports and Reagents

  • Resins

    • Columns

  • Systems

    • Liquid Chromatography Systems

    • Other Chromatography Systems

  • Services

Process Chromatography

  • Consumables

    • Solid Supports and Reagents

    • Resins

    • Columns

  • Systems

  • Services

Would you Like to Take a Look On “Sample Report” of Preparative And Process Chromatography Market Click the Link Below: https://www.grandviewresearch.com/industry-analysis/preparative-process-chromatography-market/request/rs1

In the market, North America held the largest market share, riding on the back of highest number of mergers and acquisitions by the key players. Along with that, North America consists of the highest number of R&D facilities of the key players, which makes it a prime spot for the investments to flourish into, especially USA. Also, Asia Pacific is increasing its share of investment in the market, for instance, according to Invest India, in 2018, R&D investment accounted for USD 782 billion in India. Rising investments in the pharmaceuticals and the biopharmaceuticals is expected to boost the growth of the market.

Canada preparative and process chromatography market share, by end use, 2018 (%)

 

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Further key findings from the study suggest:

  • By type, process chromatography held the largest revenue share in 2018 as it offers both precise and fast separations. Moreover, increasing production of pharmaceutical products and rising investments by the government in the biotechnology sector are expected to propel the growth during the forecast period

  • Preparative chromatography is expected to witness significant growth during the forecast period. The products obtained from this technique can be further used in downstream processing

  • By end use, the biotechnology and pharmaceutical industries held a significant revenue share in 2018 owing to rise in R&D investments by pharmaceutical and biotechnology companies

  • North America dominated the market in 2018 owing to growing R&D activities by biotechnology and pharmaceutical companies in U.S.

Major Key Players:

  • GE Healthcare

  • Pall Corporation

  • Merck KGaA

  • Bio Rad Laboratories

  • Thermo Fisher Scientific Inc.

  • Shimadzu Corporation

  • Agilent Technologies

  • Waters Corporation

  • Novasep Holding S.A.S

  • Chiral Technologies, Inc.

Some Recent Developments:

  • In September 2019, the Cell and Gene Therapy Catapult (CGT Catapult) celebrated the completion of six additional modules at its manufacturing centre in Stevenage. Backed by over £75M of funding, including investment from the UK Government’s Industrial Strategy Challenge Fund; the department of Business Energy and Industrial Strategy, from Innovate UK, the UK’s innovation agency, and from the European Regional Development Fund, the centre is providing the infrastructure and expertise to enable companies to develop their manufacturing capabilities and systems for large scale, commercial cell and gene therapy supply. This will be beneficial for the process chromatography demands in the market.

  • In October 2018, Servier, an independent international pharmaceutical company, announced the launch of InnoPreP – a new preparative chromatography service offered under its contract development and manufacturing business. The InnoPre approach not only gets their client to their target molecule and into the clinic faster, it also helps to optimize the purity of their APIs and intermediates, and gains them a better understanding of their process, which brings many long-term development benefits.

In March 2018, Knauer introduces new liquid chromatography columns and media for protein purification. Sepapure FPLC columns come as prepacked ready-to-use 1 ml or 5 ml cartridges and can also be purchased as bulk material. The media for affinity as well as ion-exchange chromatography are based on agarose, which is well-known in FPLC chromatography. KNAUER Sepapure columns are made to fit perfectly with AZURA FPLC systems but can also be used with most other FPLC systems on the market.

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 126 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 4126 analysts and consultants, the company adds 121200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 600 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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