May 22, 2024
Prepacked Chromatography Columns Market

Prepacked Chromatography Columns Market Is Expected To Be Flourished By Increasing Demand From Biopharmaceutical Industry

Prepacked chromatography columns are widely used in biopharmaceutical production processes for separation, purification, and analysis of biomolecules. They are prepacked columns filled with chromatographic medium and ready for use. They provide various advantages compared to the use of loose chromatography medium such as convenience, ease of use, and preventing column packing errors. Some key applications of prepacked chromatography columns include monoclonal antibody purification, viral clearance validation, ion-exchange techniques, and affinity chromatography.

The global prepacked chromatography columns market is estimated to be valued at US$ 307.6 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics

The increasing demand from biopharmaceutical industry is one of the major drivers responsible for the growth of prepacked chromatography columns market over the forecast period. Biopharmaceutical production relies on large-scale purification of biomolecules such as proteins, antibodies, and vaccines. For this purpose, prepacked columns are widely used as they provide ease of use, consistent column packing, assured column lifetime, and prevention of sample contamination. Additionally, new product launches by key players are also expected to boost the market growth over the next few years. For instance, in September 2021, Thermo Fisher Scientific introduced Thermo Scientific HyPerforma Duplex single-use chromatography column system for process-scale chromatographic purification.

Segment Analysis

The global Prepacked Chromatography Columns market is dominated by the resin sub-segment. Resin sub-segment currently holds around 60% of the overall market share owing to factors such as high adoption rate in pharmaceutical and biotechnology companies for separation and purification of therapeutic proteins and antibodies. Other segments including filters and cartridges are also gaining traction due to increasing use of chromatographic techniques in clinical research activities.

PEST Analysis

Political: Any changes in regulations related to drug development and approval processes will influence research activities in pharmaceutical and biotechnology companies and accordingly impact demand for Prepacked Chromatography Columns.
Economic: Growth in the global economy and rise in spending on healthcare and life sciences research globally is fueling market growth.However, availability of cheaper alternatives can hamper the demand.
Social: Rising prevalence of chronic diseases and increasing R&D focus of pharma companies on development of novel biologics is driving market growth.
Technological: Advancements in column packing material and introduction of new generation columns with better flow rates and higher binding capacities is supporting market expansion.

Key Takeawaysa

The global Prepacked Chromatography Columns Market Trends is expected to witness high growth over the forecast period of 2023 to 2030. The global Prepacked Chromatography Columns Market is estimated to be valued at US$ 307.6 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023 to 2030.

North America currently leads the global market attributed to presence of large number of key pharmaceutical players and strong focus on R&D activities in the region. Asia Pacific is expected to emerge as the fastest growing regional market owing to expansion of pharmaceutical manufacturing sector, growing life sciences industry and increasing research collaborations between local and global pharmaceutical companies in the region.

Key players operating in the Prepacked Chromatography Columns market are Faurecia, Magna International Inc., Lear Corporation, Grupo Antolin, Yanfeng Automotive Interiors, Adient, Grammer AG, Toyota Boshoku Corporation, DRÄXLMAIER Group, IAC Group, Calsonic Kansei Corporation, Sumitomo Riko Company Limited, Sage Automotive Interiors, TS Tech Co., Ltd., Sanko Gosei Ltd. Increasing strategic partnerships between these companies and investments to set up new manufacturing plants are expected to further accelerate revenue generation opportunities in the global market.

1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it