Preparative Chromatography Market

Preparative Chromatography Market Forecast and CAGR

According to the latest research by Fact.MR, the preparative chromatography market is set to witness steady growth during 2021-2031. Demand for the preparative chromatography market will witness a steady recovery in the short term, with an optimistic growth outlook in the long run. The high cost of the instrument will mean limited opportunities in near future, however, increase the use of chromatography techniques in purifying biopharmaceutical products will provide momentum.

What is Driving Demand for Preparative Chromatography?

An ever-increasing usage of chromatography techniques in nutraceuticals and the food industry is expected to hold the hopes high for the preparative chromatography market in the forecast period. Thin-layer chromatography coupled with the HPLC technique has been enhanced by introducing loads of novel detectors like array detectors that facilitate detection at several wavelengths.

The latest driving factor is catching up with the use of chromatography techniques in purifying biopharmaceutical products. Furthermore, Increasing demand for monoclonal antibodies and High demand for preparative HPLC, is likely to propel the market.

In addition, the demand for preparative chromatography is likely to grow with the increasing demand for large-scale integration of liquid chromatography techniques in downstream processing. This is because it helps to purify, the molecules are used for various applications, such as clinical supply in the case of active pharmaceutical ingredients (API).

COVID19 Scenario for Preparative Chromatography Market

The COVID-19 pandemic has caused havoc in the entire world. The healthcare crisis has brought an exceptional impact on businesses across all industries. During the outbreak, healthcare industries are hugely impacted due to global restrictions.

The industries and economies were distressed with the mass spread of the infection, resulting in recession due to the closing down of the offices, factories and market. As a result, the demand and supplies of preparative chromatography products were halted, leading to a great loss to the growth of the preparative chromatography.

Preparative Chromatography is also used extensively in the pharmaceutical/biotechnology industry. Although lockdown and shelter-at-home guidelines have meant restricted activities, the market is likely to improve throughout the assessment period.

The US and Canada Preparative Chromatography Market Outlook

The healthcare system of the U.S. is well-known for its advanced structure and spending. The U.S. has the benefit of catering to leading pharmaceutical sector market players over other countries and hence dominating the preparative chromatography market.

The US preparative chromatography market is set to tread on the historic pattern of bust and boom during the assessment period 2021-2031. The country is home to some of the biggest pharma companies worldwide, and American consumers have access to one of the most advanced pharmaceutical systems in the world, albeit at a cost.

U.S and Canada are one of the largest markets for preparative chromatography globally. Demand is likely to remain muted in the next couple of years, as several end-use industries make a gradual recovery. The cost of research and development is high in the U.S. leading to a higher profit margin for the preparative chromatography market.

The countries have the highest rate of diagnosis and treatment adoption among all the other countries resulting in a key region for the preparative chromatography market. The U.S. is observed to contribute more than 4 times of revenue share of Canada in the North America preparative chromatography market.

Furthermore, the county has a high rate of approval and commercialization of medical products leading to exponential preparative chromatography market growth. Favourable reimbursement conditions in the U.S. are a key contributing factor for preparative chromatography market growth.

Europe Demand Outlook for Preparative Chromatography

Many countries in the EU have been severely impacted by the COVID-19 crisis, which has led to a decline in economic activities. However, as is the case in the US and Canada, spending in the EU continues to drive demand for preparative chromatography.

Despite the COVID-19 challenges, most European countries have maintained a steady defence expenditure in 2020. Europe comes in second The UK announced in November 2020 that it will be increasing its defence spending by US$ 22 billion in the next four years. Germany, Italy, and France too will increase their defence spending in 2021, creating opportunities for component and material suppliers.

The pharmaceutical industry in Germany is the largest in Europe and the fourth largest in the world. The future growth is highly dependent on domestic demand and import-export demand. However, this factor will remain key to steady demand in long run for preparative chromatography.

Who are the Key Manufacturers and Suppliers of Preparative Chromatography?

Some of the leading manufacturers and suppliers of preparative chromatography include

• Merck KGaA,
• Thermo Fisher Scientific Inc.
• Agilent Technologies
• Novasep Holding S.A.S
• Danaher Corporation
• Bio-Rad Laboratories Inc.
• Shimadzu Corporation.

Many leading manufacturers are expanding their business through various advancements in technology, Agilent Technologies, in Jun 2019, launched the intelligent LC/MS system to suffice chromatographers at the American Society for Mass Spectrometry Conference (ASMS).

The mass selective detector is the speciality of this system. Further, many chromatography manufacturers are launching new products which allow them to boost the market, GE Healthcare in 2017, launched a novel protein

A chromatography resin, and decided on spending US$ 70 Mn every year in the subsequent 5 years to manufacture its aerospace applications.

Preparative Chromatography Market Report Highlights:

• Detailed overview of the parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company

Key Segments

By Product Type

• Reagents
• Resins
  • Affinity Resins
  • Ion-exchange Resins
  • Size-exclusion Resins
  • Hydrophobic Interaction Resins
  • Reversed-Phase Resins
  • Mixed-mode/Multi-mode Resins
• Columns
  • Prepacked Columns
  • Empty Columns

By Method Type

• Liquid Chromatography
  • HPLC
  • Flash/Column Chromatography
  • Ion-exchange chromatography
  • Size-exclusion chromatography
  • Affinity chromatography
• Gas Chromatography
• Thin Layer Chromatography
• Paper Chromatography
• Gel-permeation (Molecular Sieve) Chromatography
• Hydrophobic Interaction Chromatography

By End-User

• Biotechnology & Pharmaceutical Industry
• Food & Nutraceutical Industry
• Academic Research Laboratories

By Region

• North America
  • US
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Europe
  • Germany
  • Italy
  • France
  • The U.K.
  • Spain
  • Russia
  • Poland
  • Rest of Europe
• South Asia
  • India
  • Thailand
  • Malaysia
  • Indonesia
  • Rest of South Asia
• East Asia
  • China
  • Japan
  • South Korea
• Oceania
  • Australia
  • New Zealand
• The Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of MEA

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.