Preparative and Process Chromatography Market

Market players adopt mainly product launches and approvals to achieve growth in the global Process and Preparative Chromatography Market

The process and preparative chromatography market size is expected to reach USD 8.60 billion by 2023 from the estimated USD 6.27 billion in 2018, at a CAGR of 6.5%. Increasing demand for insulin, vaccines, and monoclonal antibodies; rising number of chromatography conferences; and high demand for omega-3 fatty acids are the major driving factors for this market.

Prominent players in the market include GE Healthcare (US), Merck KGaA (Germany), Danaher Corporation (US), Bio-Rad Laboratories (US), Thermo Fisher Scientific (US), Agilent Technologies (US), Novasep Holding S.A.S (France), Waters Corporation (US), Daicel Corporation (Japan), and Shimadzu Corporation (Japan).

The key strategies followed by most companies in the process and preparative chromatography market are product launches & approval, expansion, agreements & collaborations, and acquisitions to achieve growth in the global process and preparative chromatography market. The strategy of product launches & approvals accounted for the largest share in the overall growth strategies adopted from 2015 to 2018.

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GE Healthcare was the leading player in the process and preparative chromatography market in 2017. The company’s leadership position in the market can be attributed to its strong geographic presence and diversified product portfolio, which comprises systems, columns, resins, and reagents. The company focuses on organic strategies such as product launches to strengthen its position in the process and preparative chromatography market. For instance, in 2017, the company introduced a new Protein A chromatography resin, MabSelect PrismA, for monoclonal antibodies purification. This launch strengthened the company’s business operations in the resin segment.

Merck KGaA accounted for the second-largest share of the process and preparative chromatography market in 2017. Merck develops, manufactures, and markets systems, resins, and columns. The company’s broad portfolio of products includes HPLC column and HPLC systems. The company has a strong presence across the globe and has a positive brand image for chromatography products, which has helped the company to maintain its leading position in the market. Merck is also focusing on organic and inorganic strategies to strengthen its position in the market. For instance, in 2017, the company launched Eshmuno P Anti-A and Anti-B Chromatography Resins in the market. Similarly, in 2017, the company acquired Natrix Separations, a provider of hydrogel membrane products for single-use chromatography.

Pall Corporation (Subsidiary of Danaher Corporation) is another major player in the process and preparative chromatography market in 2017. The company is engaged in the manufacturing and marketing of affinity and ion exchange resins. In order to remain competitive in the market, the company is adopting both organic and inorganic strategies. For instance, in 2018, the company extended its consumables distribution agreement with Kaneka Corporation (Japan). The company also expanded its Hoegaarden facility to 2,000 m˛ in the same year. This expansion improved the company’s R&D capabilities and manufacturing space.

Related Reports:

Preparative and Process Chromatography Market by Type (Preparative (Chemicals and Reagents, Resin (Affinity, Protein A), Column, Systems (Liquid Chromatography), Services), Process), by End User (Biotechnology, Pharmaceutical) - Global Forecasts to 2023

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Report Code
AST 3797
RI Published ON
10/3/2018
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