Market Research Future (MRFR) has published on the “Global Host Cell Protein Market”.
The host cell protein testing market is estimated to register a CAGR of 5.73% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Host Cell Protein Testing Market— Enzo Life Sciences, Inc. (US), Bio-Rad Laboratories, Inc (US), Biogenes GmbH (Germany), Cisbio Bioassays (France), Abcam plc (UK), Thermo Fisher Scientific Inc (US), Cytiva (US), Cygnus Technologies, LLC (US), Rockland Immunochemicals, Inc (US), and Agilent Technologies, Inc (US).
Analyst Comment:
The adoption of advanced technologies such as mass spectrometry and liquid chromatography-mass spectrometry (LC-MS) for HCP analysis is also contributing to the growth of this market. These technologies offer higher sensitivity, specificity, and accuracy in HCP detection and quantification, which is crucial for ensuring product quality and regulatory compliance. Moreover, the report suggests that the increasing focus on process optimization and cost reduction is driving the demand for HCP testing solutions that offer high throughput and automation capabilities. Further, this trend is expected to create opportunities for companies offering innovative HCP testing solutions that can provide faster turnaround times and lower costs.
Host Cell Protein Testing Market Highlights
The global host cell protein testing market is accounted to register a CAGR of 5.73% during the forecast period and is estimated to reach USD 2.17 billion by 2032.
The growing global concern about chronic illnesses has prompted pharmaceutical companies to spend time on the development of new and improved medications. The growing demand for medications to treat various forms of cancer and inflammatory disorders has driven market participants to upgrade biopharmaceutical research and production facilities. Furthermore, such demand resulted in the growth of biopharmaceutical capabilities, which increased the amount of medication manufactured even further. According to the Manchester Institute of Biotechnology, the pharmaceutical industry's best-selling goods are protein-based. Therefore, the growing developments in the biopharmaceutical industry will boost the growth of the global host cell protein testing market.
The developments in the biopharmaceutical industry and the growing R&D activities are propelling market growth. However, the issues related to the efficiency and accuracy of the test kits are expected to hamper the growth of the global market. Nevertheless, the growing technological advancements is projected to create lucrative opportunities for market players.
Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Host Cell Protein Testing Market
Segment Analysis
The global host cell protein testing market has been segmented based on type, and end user.
Based on type, the market is segmented into PCR-Based Assays, ELISA-based Assays, Mass Spectrometry-Based Assays, and Others. Further, Mass Spectrometry-Based Assays is further segmented into Liquid Chromatography–Mass Spectrometry (LC-MS), Tandem Mass Spectrometry (MS/MS), and Others. The ELISA-based Assays segment was attributed to holding the largest market share of over 38.01% in 2022 revenue as estimated by MRFR analysts. This is due to the increasing incidence of infectious diseases and the rising number of clinical trials of antibodies-based vaccines.
Further, we estimate that the market segment will continue to pool in the largest chunk of revenue during the forecast period. It has been identified that the segment market yet witnesses continuous innovations and movements in terms of new product launches.
Based on the end user, the market is segmented into contract research organizations, biopharmaceutical companies, and others. The biopharmaceutical companies segment is projected to have the largest market share during the forecast period. This is due to the rising investment in research and development and rapid technological advancements in biopharmaceutical firms.
Regional Analysis
The global host cell protein testing market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of the US and Canada. The Europe host cell protein testing market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The host cell protein testing market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the world’s host cell protein testing market comprises of Middle East, Africa, and Latin America.
the rapid adoption of technological advancement through contract research organizations, rising demand for innovative medicine for chronic diseases, and increasing research for gene and cell therapy products are expected to foster North America’s market growth.
Moreover, the Europe market has been persistently growing owing to the growing requirement for host cell protein testing in the UK, France, and Spain due to drug discovery in the upcoming years and favorable government support to the pharmaceutical and contract research organizations.
Additionally, market factors, such as the rising number of clinical trials with high intensity, rapid adoption of technological advancement increasing the requirement of host cell protein testing in countries such as South Korea, Singapore, and China in the Asia-Pacific region and are driving the region’s growth.
Furthermore, the rest of the world's patient portal market is divided into the Middle East, Africa, and Latin America. The major factors driving the growth of the host cell protein testing market in the region are the rising number of contract research organizations and the increasing number of biopharmaceutical start-ups.
Key Findings of the Study
- The global host cell protein testing market is expected to reach USD 2.17 billion by 2032, at a CAGR of 5.73% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market, owing to the rising number of clinical trials with high intensity, increasing biopharmaceutical industries, and increasing investment in the Asia-Pacific region.
- Based on type, the ELISA-based Assays segment was attributed to holding the largest market in 2022, with an approximate market share of around 38.01%.
- Enzo Life Sciences, Inc. (US), Bio-Rad Laboratories, Inc. (US), Biogenes GmbH (Germany), Cisbio Bioassays (France), Abcam plc (UK), Thermo Fisher Scientific Inc (US), Cytiva (US), Cygnus Technologies, LLC (US), Rockland Immunochemicals, Inc (US), and Agilent Technologies, Inc (US) are the key market players.
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Companies Covered | 15 |
Pages | 125 |
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