Global Protein Purification and Isolation market will reach 8840 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/7

Protein purification and isolation are known to help in identifying various protein-based drug molecules. It plays a vital role in the drug discovery process, which is expected to boost market growth. It has also helped research in biotechnological and pharmaceutical industry. There is a rising demand for purification kits to screen, purify, prepare, and concentrate different protein samples.

The global market for protein is market has certain restraints as well. The high price of the purification instruments is a significant hurdle. In addition, the lack of skilled professionals is thwarting the growth of the market.

The global protein purification and isolation market was worth US$5880 mn in 2018 and the report suggests that the market will reach US$8840 mn by 2025, registering a steady CAGR of 6% during the forecast period of 2014 and 2025. Increasing investment in research and development sector, which aims at finding varied ways of using protein purification is supporting the global protein purification and isolation market in the most prolific way.

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