SAN FRANCISCO, October 24, 2018
SAN FRANCISCO, October 24, 2018 /PRNewswire/ --
The global mixed mode chromatography resin market size is expected to reach USD 130.3 million by 2025, according to a new report by Grand View Research, Inc., exhibiting a 7.1% CAGR during the forecast period. Growing number of contract manufacturing organizations (CMOs) and contract research organizations (CROs), along with increasing use of chromatography resin in separation of monoclonal antibodies, is anticipated to propel the market.
The Ion exchange - Hydrophobic resin segment is expected to dominate the global market till 2025. Demand for this technique is attributed to growth in drug discovery by pharmaceutical companies. These companies use chromatography techniques to separate complex mixtures and purification of materials. Increasing number of epidemic diseases such as Zika and Ebola is expected to further boost the mixed mode chromatography resin market.
Asia Pacific, especially China and India, is expected to generate significant demand for mixed mode chromatography resin owing to growing pharmaceutical sector, coupled with abundance of high skilled workforce and increase in disposable income.
Presence of global pharmaceutical and biotechnology companies, along with their research and development facilities, has enabled North America to be a key market for mixed mode chromatography resin. Massive healthcare expenditure is also driving the expansion of the market in this region.
Browse full research report with TOC on "Mixed Mode Chromatography Resin Market Analysis Report By Technique (Ion exchange - Hydrophobic, Hydroxyapatite), By End Use (Pharmaceutical & Biotechnology), And Segment Forecasts, 2018 - 2025" at: https://www.grandviewresearch.com/industry-analysis/mixed-mode-chromatography-resin-market
Further Key Findings From the Report Suggest:
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Grand View Research has segmented the global mixed mode chromatography resin market on the basis of technique, end use, and region:
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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