Market Trends of Global Protein Purification and Isolation Industry
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
Ultrafiltration is the process of separating extremely small particles and dissolved molecules from liquids. The primary basis for separation is the size of the molecules, although the permeability of the filter can be affected by the chemical, molecular or electrostatic properties of the sample. To be separated by ultrafiltration, molecules must differ in size by at least an order of magnitude and have a molecular weight between 1 kDa and 1000 kDa. Ultrafiltration membranes can be used either to clean the filtrate or to collect the retentate. Ultrafiltration is typically used for the separation of proteins from buffer components for buffer exchange, concentration, or desalting.
The advantages of ultrafiltration and wide application of ultrafiltration for protein purification and isolation are the major drivers for the segment growth over the forecast period. For instance, according to the study titled, "Recent Advancements of UF-Based Separation for Selective Enrichment of Proteins and Bioactive Peptides—A Review" published in January 2021, proteins could be beneficial in their concentrated products or isolates, of which membrane filtration methods such as ultrafiltration include application in a wide range of protein sources. Furthermore, advantages of ultrafiltration technology such as, the high product throughput and ability to generate rapid results are also boosting the use of ultrafiltration. Moreover, traditional techniques such as chromatography require complex instrumentation support to run efficiently and yield low throughput of product at an extremely high cost owing to which ultrafiltration technique is becoming more popular as it overcome such disadvantages.
Therefore, due to the above mentioned factors considerable segment growth is anticipated over the forecast period.
North America is Expected to Dominate the Protein Purification and Isolation Market Over the Forecast Period
North America is expected to dominate the protein purification and isolation market, over the forecast period. The growth is due to factors such as increasing research work and rising investments in R&D by the public and private sectors. For instance, as per the report published by Research America in January 2022, the estimated Medical and Health R&D Investment in the United States were USD 245,127 million in 2020, whereas in 2019 it was around USD 221,438 million. It also reported that the investment in R&D by industrial players has also increased from the previous years. In 2020, the investment by industry was USD 161,766 million whereas in 2019 it was around USD 148,205 million. Therefore, increased investment indicates that both public and private sectors are focusing on developing new and advanced products. Therefore, such a factor is anticipated to promote market growth in North America.
Key product launches, high concentration of market players or manufacturer's presence, and acquisition & partnerships among major players, and increased investments by biopharmaceutical companies in R&D in the United States are some of the factors driving the growth of protein purification and isolation market in the country. For instance, according to the report published by the Research America in January 2022, the biopharmaceutical companies invested around USD 122,204 million in 2020, wheras in 2019 the investment was around USD 110,932 million in R&D. Therefore, such fact is anticipated to drive the growth of the market in the country
Therefore, owing to the aforesaid factors the growth of the studied market is anticipated in the North America Region.
