- By region, North America led the protein A resins market with the largest market share of 42% in 2023.
- By region, Asia Pacific is expected to witness the fastest growth rate in the market during the forecast period.
- By application, the antibody purification segment dominated the protein A resins market in 2023 with market share of 60%.
- By product, the recombinant protein A segment had the largest share of around 58% in 20223.
- By matrix type, the agarose-based matrix segment dominated the market in 2023 with market share of 42.3%.
- By end-user, the pharmaceutical & biopharmaceutical companies segment dominated the market in 2023 with market share of 59%.
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Growth Factors:
Several factors contribute to the growth of the Protein A resins market. The rising prevalence of chronic and autoimmune diseases has led to a surge in the demand for biopharmaceuticals, particularly mAbs, driving the need for efficient purification technologies like Protein A resins. Additionally, advancements in protein engineering and cell culture technologies have resulted in the development of novel biologics with enhanced therapeutic properties, further fueling demand for Protein A resins.
Moreover, the increasing adoption of single-use bioprocessing systems and continuous manufacturing approaches in the biopharmaceutical industry has bolstered the demand for disposable Protein A resins, which offer cost savings, process flexibility, and reduced risk of cross-contamination. Furthermore, strategic collaborations and partnerships among key players in the biotechnology sector have contributed to the expansion of the Protein A resins market, enabling companies to enhance product portfolios and cater to evolving customer needs.
Region Insights:
The Protein A resins market exhibits regional variations influenced by factors such as healthcare infrastructure, regulatory environment, and biopharmaceutical production capacity.
In North America, the United States dominates the Protein A resins market, driven by a robust biopharmaceutical industry, supportive regulatory framework, and significant investments in research and development. The presence of key biotechnology companies and academic institutions engaged in bioprocessing and drug development further stimulates market growth in the region.
In Europe, countries like Germany, the United Kingdom, and Switzerland are key contributors to the Protein A resins market, owing to their strong pharmaceutical and biotechnology sectors, well-established infrastructure, and skilled workforce. Additionally, initiatives promoting innovation and technology transfer, such as public-private partnerships and research funding programs, support market expansion in Europe.
In the Asia-Pacific region, countries such as China, India, and South Korea are emerging as lucrative markets for Protein A resins, driven by the growing biopharmaceutical industry, increasing healthcare expenditure, and government initiatives to promote indigenous drug manufacturing capabilities. Moreover, outsourcing of bioprocessing activities to contract manufacturing organizations (CMOs) in Asia-Pacific countries further augments market growth in the region.
Protein A Resins Market Scope
Report Coverage | Details |
Growth Rate from 2024 to 2033 | CAGR of 5.65% |
Global Market Size in 2023 | USD 1.50 Billion |
Global Market Size in 2024 | USD 1.58 Billion |
Global Market Size by 2033 | USD 2.60 Billion |
Largest Market | North America |
Base Year | 2023 |
Forecast Period | 2024 to 2033 |
Segments Covered | By Application, By Product, By Matrix Type, By End-user |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Protein A Resins Market Dynamics
Drivers:
Several drivers propel the growth of the Protein A resins market. The increasing prevalence of chronic diseases, such as cancer, autoimmune disorders, and infectious diseases, has fueled the demand for biologics, including mAbs, driving the adoption of Protein A resins for their purification.
Furthermore, technological advancements in Protein A resin manufacturing, such as the development of novel ligands, improved resin matrices, and enhanced process efficiency, have expanded the application scope of Protein A chromatography in biopharmaceutical production. Additionally, the growing trend towards personalized medicine and targeted therapies has led to a surge in the development of mAbs, creating opportunities for Protein A resin manufacturers to cater to diverse therapeutic needs.
Opportunities:
The Protein A resins market presents several opportunities for growth and innovation. One such opportunity lies in the development of next-generation Protein A resins with improved binding capacity, selectivity, and stability, addressing the evolving needs of biopharmaceutical manufacturers for higher productivity and cost-effectiveness.
Moreover, expansion into emerging markets, particularly in Asia-Pacific and Latin America, offers significant growth prospects for Protein A resin manufacturers. The increasing investment in healthcare infrastructure, rising disposable income, and growing patient population in these regions create a conducive environment for market expansion and penetration.
Furthermore, the emergence of biosimilars and biobetters presents an opportunity for Protein A resin manufacturers to provide purification solutions tailored to the specific requirements of biosimilar developers, enabling cost-effective and scalable production of generic biologics.
Challenges:
Despite the growth opportunities, the Protein A resins market faces several challenges that need to be addressed. One of the primary challenges is the high cost associated with Protein A resins, which contributes to the overall production cost of biopharmaceuticals. Manufacturers are continuously seeking ways to optimize resin performance, increase resin longevity, and reduce manufacturing costs to enhance the competitiveness of Protein A chromatography.
Moreover, the limited availability of raw materials and the complex nature of Protein A resin manufacturing pose challenges in scaling up production to meet growing demand. Ensuring consistent resin quality, reproducibility, and regulatory compliance also remains a challenge for manufacturers, particularly in the context of stringent regulatory requirements governing biopharmaceutical manufacturing.
Furthermore, competition from alternative purification technologies, such as affinity chromatography, ion exchange chromatography, and membrane filtration, poses a threat to the dominance of Protein A resins in the bioprocessing market. Manufacturers need to innovate and differentiate their products to maintain market share and address evolving customer preferences.
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Recent Developments
- In March 2024, Ultomiris received an approval from the United States for the long-term C5 complement inhibitor for the diagnostics of geriatric patients having anti-aquaporin-4 (AQP4) antibody-positive (Ab+) neuromyelitis optica spectrum disorder.
- In March 2024, Merck, a leading player in the life science technology company expanded its M LabTM Collaboration Center in Shanghai, China, it is the organization’s biggest in the global network of 10 interconnected labs. The investment worth € 14 million was added for the new biology application lab an upstream application lab and a process development training center to its M LabTM Collaboration Center in Shanghai.
- In April 2024, BioArctic AB collaborated with Eisai and announced the organization submitted the supplemental Biologics License Application (sBLA) for its drug Leqembi to the United States Food and Drug Administration (FDA).
- In April 2024, the US FDA approved and authorized the latest antibody drug named Pemgarda marketed by the biotech Invivyd, to protect immunocompromised individuals from COVID-19.
- In April 2024, Kemp Proteins LLC, a leading company in gene-to-protein services and monoclonal antibody development announced the strategic collaboration with the Columbia Biosciences of Frederick, Maryland.
- In April 2024, Sino Biological introduced a series of in vitro bioassay services for maintaining antibody drug development projects. Sino Biological offers different reagents and a range of n vitro efficacy evaluation services for meeting the demand for testing practices and trends.
Protein A Resins Market Companies
- GE Healthcare
- Merck Millipore
- PerkinElmer, Inc.
- GenScript Biotech Corp.
- Agilent Technologies
- Repligen Corp.
- Thermo Fisher Scientific Inc.
- Bio-Rad Laboratories, Inc.
- Abcam PLC.
- Novasep Holdings SAS
Segments Covered in the Report
By Application
- Antibody purification
- Immunoprecipitation
By Product
- Recombinant protein A
- Natural protein A
By Matrix Type
- Agarose-based matrix
- Glass or silica gel-based matrix
- Organic polymer-based matrix
By End-user
- Pharmaceutical & Biopharmaceutical Companies
- Clinical research laboratories
- Academic research institutes
- Contract research organization
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
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