Market Size and Growth of Protein A Resin

According to the new market research report "Protein A Resin Market by Product (Agarose-based, Glass/Silica-based), Type (Recombinant Protein A, Natural Protein A), Application (Antibody Purification, Immunoprecipitation), & End User - Global Forecast to 2025", published by MarketsandMarkets™, the market is expected to reach USD 1.9 billion by 2025 from USD 1.1 billion in 2020, at a CAGR of 11.4% during the forecast period.

Protein A resin is a type of affinity chromatography resin used in the process of purifying and isolating monoclonal antibodies from complex media. Protein A resin is composed of high-grade agarose beads with covalently bound Protein A ligand. Protein A resin is an important tool for downstream bioprocessing, in particular for monoclonal antibody production. The global Protein A resin market is projected to witness an impressive growth in the coming years.

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Market Dynamics

The global protein A resin market is expected to witness considerable growth over the forecast period, mainly due to the growing demand for monoclonal antibodies from the healthcare and pharmaceutical industries. The increasing number of research activities related to biologics, such as monoclonal antibodies, have further fueled the growth of the protein A resin market. Moreover, the increasing prevalence of chronic diseases, such as cancer and autoimmune diseases, is also expected to drive the growth of the market. Further, the increasing adoption of protein A resin in drug discovery and development is projected to create lucrative opportunities for the market players.

Market Segmentation

The global protein A resin market is segmented based on type, product type, end user, and region. Based on type, the market can be divided into immobilized and non-immobilized protein A resin. Based on product type, the market can be segregated into recombinant protein A and purified protein A. On the basis of end user, the market can be categorized into pharmaceutical and biotechnology companies, research and academia, and clinical diagnostic laboratories.

Regional Analysis

Geographically, the global protein A resin market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to hold a significant share of the global protein A resin market owing to the presence of a large number of biopharmaceutical companies and research institutes in the region. Moreover, the increasing prevalence of chronic diseases and the growing number of research activities related to biologics, such as monoclonal antibodies, in the region are anticipated to fuel the growth of the market.

Competitive Landscape

The global protein A resin market is highly competitive with major players adopting strategies, such as product launches, partnerships, and collaborations to maintain their market position. The prominent players in the global protein A resin market include GE Healthcare (US), Merck Millipore (Germany), Repligen Corporation (US), Thermo Fisher Scientific (US), Tosoh Bioscience (Japan), Purolite Corporation (US), Novasep Holding SAS (France), Agilent Technologies (US), GenScript Biotech Corporation (China), PerkinElmer (US), Bio-Rad Laboratories (US), Orochem (US), Kaneka Corporation (Japan), Abcam (UK), Agarose Bead Technologies (US), Avantor (US), JSR Life Sciences (US), Bio-Works Technologies (Sweden), Amikozen Co. Ltd. (US), and Takara Bio Inc. (Japan).

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