The global market for preparative and process chromatography was valued at $9.5 billion in 2022 and is expected to grow at a rate of 9.08% annually until 2030. This growth is fueled by the increasing demand and approval of monoclonal antibodies in the pharmaceutical and biotechnology industries. Additionally, the expanding biopharmaceutical industry, the need for advanced purification techniques, and the pursuit of more efficient and cost-effective processes are driving the market.
Technological advancements and the development of innovative chromatography products are anticipated to further boost market growth. For example, in October 2021, CEM introduced the Prodigy Preparative HPLC system, which offers enhanced resolution and separation capabilities due to its elevated temperature capability. The COVID-19 pandemic positively impacted the market due to the high demand for COVID-19 vaccines and treatments. The pharmaceutical and biotechnology industries are projected to experience significant growth in the future, driven by the emerging production and demand for preparative and process chromatography. The separation process and preparative chromatography can be utilized in the analysis of materials used in the manufacturing of the coronavirus vaccine.
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