[FURL=https://www.industryarc.com/Research/Protein-Purification-And-Isolation-Market-Research-508510?utm_source=Briefingwire&utm_medium=Pressrelease&utm_campaign=PaidPressrelease]Protein Purification and Isolation Market[/FURL] size was estimated at $6.4 billion in 2020, projected to grow at a CAGR of 8.2% during the forecast period 2021-2026. Protein Purification and Isolation industry has witnessed huge demand owing to the increasing pharmaceutical and biotechnology research for the production of new drugs. Purification and isolation methods to collect protein of interest includes, preparative chromatography, electrophoresis, Ultrafiltration, precipitation, that separates on the basis of charge, molecular size, hydrophobicity, affinity for an antigen, antibody or a substrate. It is basically a method of separation of proteins from a mixture, or from their source based on their physical properties. The objective of protein purification and isolation is to obtain the largest amount of functional protein with lesser contaminants. The ongoing technological advancement along with growing R&D investments and government initiatives accelerate the development of pharmaceutical and biotechnology industry.Key Takeaways
Geographically, North America Protein Purification and Isolation Market held the largest revenue share of 37% in 2020 owing to the presence of major market players in this region.
Increase in demand for R&D made by the key players in different regions the Protein Purification and Isolation Market growth.
Growing biotechnology and Pharmaceutical Industry has contributed to the development of the market and provide lucrative growth opportunities for the global market expansion.
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Protein Purification and Isolation Market Segment Analysis – By Geography:
Based on Geography, North America Protein Purification and Isolation Market accounted for the 37% revenue share in 2020 owing to high funding for research in life science, existing research infrastructure, and presence of key market players in this region. Moreover, increase in production of biopharmaceutical drugs contribute to the market growth in this region. Asia-Pacific is projected to grow with the fastest CAGR in the forecast period 2021-2026 owing to the growth of pharmaceutical industry in this region. Government initiatives along with investments in R&D is increasing demand for protein purification and isolation in this region to improve the healthcare infrastructure.
Protein Purification and Isolation Market-Drivers
R&D Funding:
Protein Purification and Isolation Market top 10 companies are Thermo Fisher scientific, Inc., Merck KGaA, GE Healthcare Life Sciences, Agilent Technologies, Sigma-Aldrich Corporation, Abcam, Bio-rad Laboratories, Quiagen N.V., Norgen Bioteck Corporation.
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