Prepacked Chromatography Columns Market to Reach Valuation of USD 2,344.4 Million by 2028 - Increasing Demand for Prepacked Chromatography Columns Market in Retail Sector to Drive the Market Growth

Vantage Market Research

Apr 19, 2022

From the period 2022 to 2028, the Global Prepacked Chromatography Columns Market is expected to reach USD 2,344.4 Million in terms of revenue, growing at a Compound Annual Growth Rate (CAGR) of 3.30%.

Virus titer decrease validation, increasing demand for antibody purification, and recombinant proteins and vaccines are all driving this market forward. Furthermore, the development of procedures and the cost-effective purification of biological medicines might be attributed to the market's growth. Furthermore, due to the demand for superior single-use and an increase in disposable systems in downstream processing, pre-packed columns are one of the fastest-growing areas in the chromatography market, with large market potential. The technological limitation of the column size, on the other hand, is one of the most critical obstacles limiting its market expansion.

Key Highlights from the Report

  • On the basis of Type, the market is divided into<100 ML, 100-1000 ML, and >1000 ML. In the Global Prepacked Chromatography Columns Market, the >1L segment is predicted to increase at the fastest rate during the forecast period. Market companies are concentrating on reaffirming their leadership in the pre-packed chromatography market by introducing large-volume pre-packed columns, which are projected to fuel segment growth over the forecast period.

  • On the basis of end-use, the market is segmented as, Pharmaceuticals and Biotechnology Companies; Research Laboratories, Water and Environmental, Food and Beverages, and Others. The biotechnology and pharmaceutical companies’ sector of the worldwide Prepacked Chromatography Columns Market is estimated to develop at the fastest rate over the forecast period. The demand for Prepacked Chromatography Columns is expanding considerably among biotechnology and pharmaceutical businesses, owing to the advantages of Prepacked Chromatography Columns, which is likely to drive segment growth throughout the forecast period.

  • Asia Pacific is the fastest regional segment. In terms of growth. The Asia Pacific region is expected to grow at a significant rate over the projection period due to upcoming breakthroughs in monoclonal antibodies, the largest biologics product category in clinical development. These products are examined utilizing chromatographic techniques based on ion exchange, affinity, and hydrophobic interaction, among other concepts. Other factors driving market expansion include WHO GMP quality standards mandated in the food and pharmaceutical industries. The market for pre-packed columns is predicted to develop due to the rapid adoption of process chromatography technologies in the agriculture and pharmaceutical industries.

Some of the key players in the Prepacked Chromatography Columns Market include Agilent Technologies Inc., Bio-RAD Laboratories Inc., Knauer Wissenschaftliche Geräte GmbH, Merck & Co. Inc., Pall Corporation (Danaher Corporation), Repligen Corporation, Shimadzu Corporation, Thermo Fisher Scientific Inc., Tosoh Corporation and Waters Corporation and others.

Market Dynamics:

One of the primary drivers driving the market’s favorable outlook is significant growth in the pharmaceutical industry, as well as increased product use in drug discovery and biological research. Manufacturers are producing vaccines and monoclonal antibodies that are cost-effective and can help treat uncommon and novel diseases utilizing prefabricated chromatography columns. In addition, the increased use of prepackaged chromatography columns in the agriculture sector is boosting the market growth. They are used to test for pesticide residues and evaluate plant growth hormones to verify that the crops are free of pollutants. These columns are used in the food and beverage sector to assess volatile taste components in fresh and processed foods, as well as to conduct chemical studies of oxidative breakdown.

North America has the highest revenue share (35.20%) for artificial intelligence in the 2021 sports industry due to the expansion of manufacturing facilities by leading market players operating in the area over the forecast period. Repligen Corporation, a bioprocessing equipment company, announced the opening of eight additional manufacturing facilities in May 2021 to increase the production of OPUS Prepacked Chromatography Columns. The new facilities will produce large-scale OPUS pre-packed columns with diameters ranging from 5 to 80 cm. As a result, such efforts will aid in increasing the production of OPUS pre-packed chromatographic columns in order to meet the growing demand from large contract development and manufacturing firms (CDMOs) and gene therapy companies.