Authored By: Sarah
20 Sep 2024

Latest News: Affinity Chromatography Reagents Market is expected to grow by a CAGR of 10.68% during 2024-2028; Trends and Forecasts to 2018

The Affinity Chromatography Reagents Market is expected to grow at a CAGR of 10.68% to reach USD 610.7 million by 2028. The monoclonal antibody (mAb) segment of the biopharmaceutical industry has experienced substantial growth since the market's inception with the approval of the first mAb product, Orthoclone OKT3, for kidney transplant prevention in 1986. This pioneering mAb product paved the way for the development of various mAb derivatives, including Fc-fusion proteins, antibody-drug conjugates, and antibody fragments. These advanced mAb products have come to dominate the biopharmaceutical landscape, with applications spanning numerous disease areas such as oncology, immunology, and respiratory disorders. The regulatory approvals of these innovative mAb treatments, along with the subsequent introduction of humanized and fully human mAbs, have led to a significant increase in product approvals and corresponding sales. This growth trend is expected to continue as the therapeutic potential of mAbs in treating various diseases, including paroxysmal nocturnal hemoglobinuria, cryopyrin-associated periodic syndromes, cancer, multiple sclerosis, asthma, and rheumatoid arthritis, continues to be explored. The Affinity Chromatography Reagents Market is poised to benefit from this growth, as these advanced mAb products rely on efficient purification techniques to ensure their therapeutic efficacy.

North America dominates the regional market because of The Affinity Chromatography Reagents market represents a significant business opportunity for key players, driven by the increasing demand for purification and separation of biomolecules. These reagents, which utilize specific binding interactions, offer superior selectivity and efficiency compared to traditional chromatography techniques. Market growth is fueled by advancements in biotechnology, pharmaceuticals, and research institutions. Strategic partnerships, product innovation, and geographical expansion are essential strategies for market expansion.

There are various factors that drive the Affinity Chromatography Reagents Market market which are as following: In the biopharmaceutical industry, affinity chromatography is a critical process for the purification of complex biomolecules, accounting for a significant portion of downstream processing costs and time. To address the industry's ongoing need for increased productivity and efficiency, advancements in large-scale affinity chromatography have emerged. These developments include the enhancement of Protein A resins for monoclonal antibody capture, the implementation of single-use technologies, the exploration of continuous chromatography on a commercial scale, and the growing adoption of automation. Thermo Fisher Scientific Inc. has recently introduced a new platform technology based on advanced affinity chromatography resins, further enhancing the industry's capabilities in this area.

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Affinity Chromatography Reagents Market Segmentation

  • End-user
    • Pharmaceutical and biotechnology industry
    • Food and beverage industry
    • Cosmetic industry
    • Others
  • Application
    • Analytical chromatography reagents
    • Preparative chromatography reagents
  • Geography
    • North America
    • Europe
    • Asia
    • Rest of World (ROW)

The market witnesses several challenges, which are as follows In the affinity chromatography reagents market, regulatory compliance plays a pivotal role in ensuring the quality and safety of biological reagents used in this purification technique. Manufacturers must adhere to stringent regulations such as GMP by the World Health Organization (WHO), 21 CFR by the US Food and Drug Administration (FDA), and REACH by the European Union (EU). These guidelines mandate maintaining high purity levels (above 95%) for reagents employed in sensitive applications, including antibody purification, clinical assays, and bridging assays. Compliance with these regulations is essential for manufacturers, particularly those operating in international markets, to meet the stringent requirements of international and local regulatory authorities. In the production of monoclonal antibody-based products for human use, manufacturers must strictly adhere to GMP guidelines to ensure product safety and quality, meeting the rigorous demands of regulatory bodies.

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Some of the key companies that have been profiled in the report include: 

  • Agilent Technologies Inc.
  • AMS Biotechnology Europe Ltd.
  • Avantor Inc.
  • Bio Rad Laboratories Inc.
  • Hamilton Co.
  • Helena Laboratories Corp.
  • Kaneka Corp.
  • Kanto Chemical Co. Inc.
  • Loba Chemie Pvt. Ltd.
  • Merck KGaA
  • Perkin Elmer Inc.
  • Promega Corp.
  • QIAGEN NV
  • Regis Technologies Inc.
  • Santa Cruz Biotechnology Inc.
  • Sartorius AG
  • Shimadzu Corp.
  • Thermo Fisher Scientific Inc.
  • Tosoh Corp.
  • Waters Corp.

Market Research Overview 

The global life sciences tools and services market encompasses businesses involved in the research and development (R&D) of a diverse range of products and solutions, including capital equipment, instruments, accessories, and consumables. These tools and services are utilized in the pharmaceutical and biotechnology industries for product development and laboratory diagnosis of various diseases. Additionally, the market includes life sciences-related services such as contract research, manufacturing, and sales. According to Technavio, the healthcare market size is determined by the collective revenue generated by manufacturers of equipment, supplies, pharmaceuticals, biotechnology, and life science tools and services. Factors driving the expansion of the global life sciences tools and services market include the increasing global population aging, resulting in a larger demographic requiring healthcare solutions, and advancements in technology leading to the development of more sophisticated tools and services. - The Affinity Chromatography Reagents Market is experiencing significant growth, fueled by the Increasing research and development in biopharmaceuticals. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Market Research Analysis

Affinity chromatography reagents are a crucial component in various industries, including healthcare, cosmetics, biotechnology, and research. These reagents are used for the isolation and purification of biomolecules, such as proteins, nucleic acids, and biopharmaceuticals, through specific interactions with target molecules using ligands. Buffers play a vital role in maintaining the pH and ionic strength during the chromatography process. Alternative analytical methods, such as thin layer chromatography (TLC), gas chromatography (GC), and mass spectrometry (MS), are often used in conjunction with affinity chromatography for quality control and identification of purified biomolecules. Specialized training is essential for the effective use of these analytical instruments and techniques. The healthcare infrastructure, biotechnology industry, and research activities in healthcare diagnostics, biopharmaceutical production, and bioprocessing workflows, require the use of affinity chromatography reagents. Environmental pollution and personalized medicine are also areas where affinity chromatography plays a significant role in the isolation and purification of pollutants and biomolecules for analysis and remediation. In conclusion, the affinity chromatography reagents market is driven by the growing demand for specialized biomolecule separation and purification in various industries, including healthcare, cosmetics, and biotechnology. The market is expected to grow significantly due to the increasing research and development activities in these fields, as well as the need for improved quality control and regulatory compliance.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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