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(Health-NewsWire.Net, December 03, 2019 ) The increasing prevalence of appendicitis and growing preference for R&D investments in biotechnology and pharmaceutical companies.
Market Size
The global Preparative and Process Chromatography market size is expected to reach USD 8.60 billion by 2023 from the estimated USD 6.27 billion in 2018, at a CAGR of 6.5%.
GE Healthcare (US), Merck KGaA (Germany), Danaher Corporation (US), Bio-Rad Laboratories (US), Thermo Fisher Scientific (US), Agilent Technologies (US), Novasep Holding S.A.S (France), Waters Corporation (US), Daicel Corporation (Japan), and Shimadzu Corporation (Japan) are some key players in this market. These companies are focusing on increasing their presence in the high-growth markets through both organic as well as inorganic growth strategies such as product launches, acquisitions, and expansions.
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“GE Healthcare was the leading player in the process and preparative chromatography market in 2017. “
The company’s leadership position in the market can be attributed to its strong geographic presence and diversified product portfolio, which comprises systems, columns, resins, and reagents. The company focuses on organic strategies such as product launches to strengthen its position in the process and preparative chromatography market. For instance, in 2017, the company introduced a new Protein A chromatography resin, MabSelect PrismA, for monoclonal antibodies purification. This launch strengthened the company’s business operations in the resin segment.
“Merck KGaA accounted for the second-largest share of the process and preparative chromatography market in 2017.”
Merck develops, manufactures, and markets systems, resins, and columns. The company’s broad portfolio of products includes HPLC column and HPLC systems. The company has a strong presence across the globe and has a positive brand image for chromatography products, which has helped the company to maintain its leading position in the market. Merck is also focusing on organic and inorganic strategies to strengthen its position in the market. For instance, in 2017, the company launched Eshmuno P Anti-A and Anti-B Chromatography Resins in the market. Similarly, in 2017, the company acquired Natrix Separations, a provider of hydrogel membrane products for single-use chromatography.
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