Protein Purification and Isolation Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

Protein Purification & Isolation Market Analysis

The protein purification and isolation market are expected to register a CAGR of 10.9% over the forecast period (2022-2027).

The main challenge for the healthcare industry in many countries was to limit the spread of COVID-19 among people and provide the best care to infected patients and decrease the number of possible deaths. A profound impact on the protein purification and isolation market was observed as well.

The disruption in the supply chain during COVID-19 and delay in delivery of essential products required for the manufacturing of the protein purification and isolation kits reagents and consumables imposed an adverse effect on the protein purification and isolation market. Some major issues faced by the market during a pandemic include trucking bottlenecks and port checkpoints slowing down their deliveries including critical supplies, export bans imposed in many countries, only a few manufacturing units functional, and a lack of healthcare workers to transport and produce products. Therefore, such a scenario hindered the market growth initially. However, in later times the demand for protein purification and isolation procedures increased as it is used for the analysis and researh work related to evere acute respiratory syndrome coronavirus (SARS-CoV-2). For instance, according to the study titled, " Recombinant Protein Expression and Purification of N, S1, and RBD of SARS-CoV-2 from Mammalian Cells and Their Potential Applications" published by National Library of Medicine in September 2021, there is a strong demand for diagnostic and serological supplies across the global, as it is necessary for countries to establish their own technologies for the production of high-quality biomolecules. The two main viral antigens used for diagnosis of SARS-CoV-2 are the structural proteins spike (S) protein and nucleocapsid (N) protein. Since, protein purification and isolation is one of the initial and essential step needs to be followed in order to proceed with furthur diagnosis and reasearch work, therefore, such facts indicates that the market has witnessed considerable growth during the pandemic.

Increasing in investment in pharmaceutical and biotechnological research and development and rising need for more accurate and rapid purification kits are some of the major factors driving the market growth. For instance, as per the report published by the Congressional Budget Office of the United States, in April 2021, private spending on pharmaceutical research and development and the approval of new drugs has increased significantly from the past years. It also stated that, the number of newly approved drugs has also increased from the last years. Modern drug discovery uses libraries of purified proteins. The proteins used in the initial steps of drug discovery should be highly purified ones and structural features of proteins must be preserved because protein function is highly dependent on tertiary structure. Thus, protein purification is an essential steps for drug discovery and development. Therefore, such facts are anticipated to propel the demand of protein purification and isolation procedures, thereby postively impacting the market growth over the forecast period.

However, high cost of purification instruments and lack of skilled professionals are likely to impede the market growth over the forecast period.

Protein Purification & Isolation Market Trends

This section covers the major market trends shaping the Protein Purification & Isolation Market according to our research experts:

Ultrafiltration Segment is Expected to Witness Growth Over the Forecast Period

Protein Purification & Isolation Industry Segmentation

As per the scope of the report, protein purification can be defined as a series of steps that are performed to obtain and study the desired protein from a complex mixture. Protein purification is vital for characterizing the function, structure, and interactions of the required protein. The protein isolation aims to safely and efficiently separate the required protein from a mixture. Isolation of proteins is carried out from samples of mammals, insects, plants, yeasts, or bacteria. The protein purification and isolation market is segmented by Product (Instruments and Consumables), by Technology (Precipitation, Ultrafiltration, Chromatography, Electrophoresis, and Western Blotting), by End User (Academic and Research Institutes, Pharmaceutical and Biotechnological Companies, Contract Research Organizations (CROs), and Hospitals) and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.