DEC 21 2020: "Latin America Protein Purification and Isolation Market Growth & Trends
The Latin
America protein purification & isolation market size is expected to
reach USD 807.6 million by 2027, expanding at a CAGR of 8.5%, according to a
new report by Grand View Research, Inc. Rising R&D activities by
pharmaceutical companies are expected to boost the demand for purification
& isolation of proteins for preclinical drug development phase.
In addition, technology is advancing in line with
the rising need for more accurate and rapid purification & isolation of
proteins. For instance, ProteoSpin Inclusion Body Protein Isolation Micro and
Maxi Kits rapidly isolates body proteins under 60 minutes. Thus, increasing use
of rapid and robust kits is expected to fuel the market growth during the
forecast period.
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Furthermore, favorable government policies are
anticipated to boost the market growth. The NAFTA renegotiation in Mexico is
focusing on shaping regulatory frameworks and laws to facilitate international
transfer of skills and capital. The NAFTA renegotiation and Trans-Pacific
Partnership negotiations are expected to lead to the growth of the biotechnology
market in this country.
Increase in academic institutes conducting research
studies on protein purification is anticipated to boost the development of new
ways to combat diseases, thereby fueling market growth. For instance, in November
2017, a study research was published in Protein Expression and Purification
demonstrating purification of Andes virus glycoproteins Gn and Gcto. It was
found that the protein can be useful in development of a vaccine against Andes
virus.
Brazil dominated the market in 2019 owing to the
presence of well-established computational approaches for analyzing various
techniques, advancements in mass spectrometry-based purification methods
combined with new researches in this field that strengthen research and
emphasize the importance of science in the Brazilian society. However, Chile is
anticipated to be the fastest-growing country during the forecast period.
Latin America Protein Purification & Isolation Market Report
Highlights
• Consumables dominated the market in 2019 owing to
the easy availability of advanced purification kits that enable rapid &
accurate screening, purification, preparation, and concentration of protein
samples
• In 2019, chromatography held the largest revenue
share as a result of rise in the use for drug screening, biomarker discovery,
and research studies
• Protein-protein interaction studies was the
dominant application segment in 2019 due to its high adoption for deriving
highly purified proteins
• The drug screening segment is projected to
witness the highest growth rate over the forecast period owing to the
development of drugs with a higher efficacy & fewer side effects than
existing drugs
• Academic and research institutes held the largest
share of the market in 2019 due to the increased number of research initiatives
in academic institutes for structural & functional proteomics"
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"Table of Contents
Chapter 1 Methodology and Scope
1.1 Market Segmentation
1.1.1 Estimates And Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Secondary Sources
1.3.3 Primary Research
1.3.4 Details Of Primary Research
1.4 Information Or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Flow Analysis
1.6.1.1 Approach 1: Commodity Flow Approach
1.6.1.2 Approach 2: Country Wise Market Estimation
Using Bottom Up Approach
1.7 Global Market: Cagr Calculation
1.8 List Of Secondary Sources
1.9 Objectives
1.9.1 Objective 1:
1.9.2 Objective 2:
1.10 List Of Abbreviations
Continued……………
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