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Global and Southeast Asia Protein Purification Isolation Market Size & Share 2021 – Growth Strategy, Developing Technologies, Trends and Forecast by Regions 2030

In a recent published report, Kenneth Research has updated the market report for Global and Southeast Asia Protein Purification Isolation Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global and Southeast Asia Protein Purification Isolation Market products.

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According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.

Global & Southeast Asia Protein Purification & Isolation Market Analysis 2019-2030

Protein purification is defined as the series of processes for the isolation of a single type of protein from a complex mixture. In many experiments, protein isolation and purification process is one of the first steps which is useful in the determination of protein structure or any biological activity. The global and southeast Asia protein purification & isolation market is anticipated to achieve a CAGR of 8.65% across the globe during the forecast period, i.e. 2021-2030.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

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Factors such as the increasing investments by the leading protein purification and isolation companies for research and development projects, increasing investments made by the companies for acquisitions and collaborations, increasing adoption of protein purification and isolation solutions, rising demand for rapid purification kits for rapidly preparing, screening, purifying, and concentrating protein samples, increasing research activities in the pharmaceutical and biotechnological fields, and the growing need to identify new protein-based drug molecules are anticipated to promote towards the growth of the global and southeast Asia protein purification & isolation market. Additionally, factors such as the growing need amongst researchers and laboratory analysts to reduce the contamination during the extraction and isolation process of proteins, which in turn is raising the need for more accurate and purification kit, is anticipated to drive the growth of the global and southeast Asia protein purification & isolation market.

The global and southeast Asia protein purification & isolation market consists of various segments that are segmented by product, technology and by region. The technology segment is further divided into ultrafiltration, precipitation, chromatography, electrophoresis, western blotting and others. Out of these, the chromatography segment registered the largest market share of around 27% in the year 2019 and is expected to grow at a CAGR of around 9% during the forecast period. The segment is further anticipated to cross a value of around USD 4200.0 million by the end of 2030. Chromatography uses the principle of phase equilibrium partitioning for the separation of nucleic acids, proteins, or small molecules in complex mixtures based on their differing interactions with a stationary phase and a mobile phase. Various types of chromatography processes that are used for protein purification and isolation are ION exchange chromatography, reversed phase chromatography, affinity chromatography, size exclusion chromatography and hydrophobic interaction chromatography (HIC) among others.

Based on region, the global and southeast Asia protein purification & isolation market is segmented into six major regions including North America, Latin America, Europe, Asia Pacific, South East Asia and Middle East and Africa. The market in Europe registered a significant market share along with a value of around USD 1450 million in the year 2019 and is expected to cross a value of around USD 3600 million by the end of 2030 by growing at a CAGR of around 8.60% during the forecast period. Increasing research and developmental activities in the region, coupled with the growing expenditure on healthcare and the changing environment conditions and increasing number of diseases are some of the factors anticipated to drive the growth of the market in Europe.

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Some of the affluent industry leaders in the global and southeast Asia protein purification & isolation market are Thermo Fisher Scientific Inc., Merck KGaA, Sigma-Aldrich Co., QIAGEN GmbH, Bio-Rad Laboratories, Inc., Agilent Technologies, General Electric Company, Abcam plc and F. Hoffmann-La Roche Ltd.

About Kenneth Research:

Kenneth Research is a multi-client market research report selling agency that aids business professionals to strategize their business plans for future expansion. With the help of the presence of a large database of syndicated market research reports, along with the scope for report customization, the platform provides a wide opportunity to industry professionals to achieve their end objectives. Kenneth Research offers its services to a scattered level of industries, including consumer goods and food, healthcare, information and communication technology, energy and power and chemical among others.

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