Prepacked Chromatography Columns Market Will Grow at Highest Pace owing to Rising Adoption in Pharmaceutical Industry
Prepacked Chromatography Columns are widely used in the pharmaceutical industry for isolation and purification of biotherapeutic molecules during upstream and downstream bioprocessing. The prepacked columns offer benefits such as easy handling, reduced support swelling, and faster method development and scale-up. Need for biopharmaceutical therapeutics has fueled the growth of Prepacked Chromatography Columns Market.
The Global Prepacked Chromatography Columns Market is estimated to be valued at US$ 354.36 Mn in 2024 and is expected to exhibit a CAGR of 4.0% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in The Prepacked Chromatography Columns are ExxonMobil Corp., Pennzoil, Quaker Chemical Corp., Royal Dutch Shell Co, British Petroleum, Chevron Corp., Total S.A, JX Nippon Oil & Energy Corp., Lukoil, and Philips 66 Company. The growing demand for biotherapeutics and rising R&D spending on drug discovery and development has boosted the sales of Prepacked Chromatography Columns. Technological advancements such as superficially porous particles, the introduction of nano-LC columns, and hybrid or mixed-mode chromatographic columns have widened their application in pharmaceutical and biotechnology industry.
Market Trends
Widespread usage of disposable prepacked columns: Disposable prepacked columns are gaining popularity owing to reduced contamination risk and ease of use. They help save time required for cleaning validation and eliminate the need for reusable hardware.
Increasing demand for affinity and mixed-mode chromatography: Affinity chromatography provides high selectivity and binding capacity. Mixed-mode chromatography utilizes two or more mechanisms to separate compounds. Growing demand for these chromatography techniques is driving the market.
Market Opportunities
Emerging markets in Asia Pacific: Countries like China, India offer a massive customer base and growing biopharmaceutical industry. This presents an opportunity for column manufacturers to tap into emerging APAC markets.
Demand for continuous manufacturing techniques: Continuous manufacturing using periodic countercurrent chromatography columns helps improve yield and reduce costs. There is potential to leverage this technique.
Impact of COVID-19 on Prepacked Chromatography Columns Market Growth
The COVID-19 pandemic has significantly impacted the growth of the prepacked chromatography columns market. In the initial months of the outbreak, the market witnessed a decline in demand due to lockdowns imposed across major countries. This resulted in disruptions in supply chains and halted production activities. Additionally, restrictions on travel and transportation led to delays in new projects and postponed procurement of chromatography columns by research institutes and industries. However, with the rising infection cases, the focus towards developing vaccines and therapeutics increased tremendously. This boosted the demand for prepacked columns in pharmaceutical and biotechnology companies for research activities. Furthermore, testing of samples in clinical laboratories also drove the usage of prepacked columns. It is expected that the need for quality control and validation studies will remain high in the post-pandemic time period. Chromatography techniques play a vital role in drug development and manufacturing. Therefore, the market is anticipated to recover steadily and exhibit positive growth over the forecast period.
Geographical Regions with High Concentration in Prepacked Chromatography Columns Market
North America holds the largest share in the global prepacked chromatography columns market in terms of value. The region is a major hub for pharmaceutical and biotechnology industries. It is home to several global key players engaged in drug discovery, development, and large-scale manufacturing activities. This has resulted in high consumption of prepacked columns for separation, purification, and analytical applications. Moreover, strong focus on R&D coupled with increasing government funding for life science research further drives the regional market.
Fastest Growing Region in Prepacked Chromatography Columns Market
Asia Pacific is projected to be the fastest growing region during the forecast period. Improving healthcare infrastructure, rising investment in life science projects, and emerging biotech startups are some key factors supporting the growth of the prepacked chromatography columns market in Asia Pacific. Countries such as China, India, South Korea, and Japan are witnessing increasing adoption of chromatography techniques among pharmaceutical and CRO companies. In addition, growing expertise in analytical testing and quality standards is augmenting the demand for prepacked columns in the region.
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