Preparative and Process Chromatography Market 2030: Trends Driving Future Growth
Report Overview The global preparative and process chromatography market size was estimated at USD 9.5 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 9.08% over the forecast period. The growth of this market is driven by the rising demand and approval of monoclonal antibodies in the pharmaceutical and biotechnology sectors. In addition, the market is driven by the expanding biopharmaceutical industry, the demand for advanced purification techniques, and the need for more efficient and cost-effective processes. Technological advancements and the development of innovative chromatography products are expected to boost market growth. For instance, in October 2021, CEM launched the prodigy preparative high-performance liquid chromatography (HPLC) system. The system offers an elevated temperature capability, resulting in enhanced resolution and separation capabilities. The COVID-19 pandemic had a favorable impact on the market owing to the high deman...