Protein Purification and Isolation Market Expected to Reach $15.04 Billion by 2030

Meticulous Research®, a premier provider of cutting-edge market intelligence, has unveiled its latest research report titled "Protein Purification & Isolation Market by Product (Instruments, Consumables, Software), Technique (Ultrafiltration, Precipitation, Chromatography, Western Blotting), Application (Drug Screening, Target Identification), End User – Global Forecast to 2030."
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The report indicates a substantial growth projection for the global protein purification and isolation market, estimating its value to exceed $15.04 billion by the year 2030. This growth trajectory is anticipated at a robust CAGR of 9.1% during the forecast period spanning from 2023 to 2030.
The surge in demand for identifying novel protein-based drug molecules, coupled with burgeoning research activities in the pharmaceutical and biopharmaceutical sectors, propels the expansion of the protein purification and isolation market. Moreover, the escalating focus on precision medicine further contributes to market growth. Additionally, the rising adoption of protein therapeutics and augmented investments in R&D within the pharmaceutical and biotechnology sectors create fertile ground for market advancement.
Key Insights from the Report:
Product Segmentation: In 2023, the consumables segment is projected to dominate the global protein purification and isolation market. This dominance is attributed to recurring revenue streams from consumables, the diverse range of available consumables, and heightened interest from pharmaceutical stakeholders in biopharmaceutical development.
Technique Analysis: Chromatography is expected to hold the largest share of the market in
2023 due to its precision and sensitivity in protein isolation.