Preparative and Process Chromatography Market is Poised USD 8.60 Billion by 2023

Market-Research
Preparative and Process Chromatography Market

The Preparative and process chromatography market size is expected to reach USD 8.60 billion by 2023 from the estimated USD 6.27 billion in 2018, at a CAGR of 6.5%.

The Research report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the Preparative and Process Chromatography Market, along with revenue estimates & forecasts and market share analysis.

The major factors driving the growth of this market are the increasing prevalence of appendicitis and growing preference for R&D investments in biotechnology and pharmaceutical companies.

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Preparative and Process Chromatography Market

Preparative and Process Chromatography Market segmentation:

· Based on Product

· Based on End User

· Based on Region

The Major Players Opearting in the Preparative and Process Chromatography Market:

Key players in the Preparative and Process Chromatography Market include GE Healthcare (US), Merck KGaA (Germany), Danaher Corporation (US), Bio-Rad Laboratories (US), Thermo Fisher Scientific (US), Agilent Technologies (US), Novasep Holding S.A.S (France), Waters Corporation (US), Daicel Corporation (Japan), and Shimadzu Corporation (Japan).

GE Healthcare was the leading player in the process and preparative chromatography market in 2017. The company’s leadership position in the market can be attributed to its strong geographic presence and diversified product portfolio, which comprises systems, columns, resins, and reagents

The company focuses on organic strategies such as product launches to strengthen its position in the process and preparative chromatography market. For instance, in 2017, the company introduced a new Protein A chromatography resin, MabSelect PrismA, for monoclonal antibodies purification. This launch strengthened the company’s business operations in the resin segment.

Geographical Detailed Analysis for Preparative and Process Chromatography Market:

North America is the largest regional segment in the Preparative and Process Chromatography Market followed by Europe and Asia Pacific.

North America is projected to continue dominating the market during the forecast period. The large share of North America in this market is attributed to increasing R&D activities by pharmaceutical and biotechnology companies, presence of a highly developed biotechnology research infrastructure, and availability of government grants to support research activities in the region.

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