Chromatography Reagents Market: Trends and Forecasts

The global chromatography reagents market size was USD 6.00 Billion in 2022 and is expected to register a steady revenue CAGR of 5.3% during the forecast period, according to latest analysis by Emergen Research. Increasing concerns about food safety and rising usage of chromatography reagents in the development of cancer drugs are factors expected to drive market revenue growth.

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Separation, purification, and identification of prospective therapeutic candidates are significantly reliant on the use of chromatography reagents in development of cancer therapies. Need for chromatography reagents is expected to increase as the cancer drug development process progresses. In addition, rising R&D activities in biotechnology and pharmaceutical sectors, notably in cancer treatment research, are likely to rise demand for chromatography reagents. Specificity and selectivity of chromatography reagents make them excellent for purifying and characterizing cancer medication candidates, which is crucial for manufacturing high-quality products and expected to rise demand for chromatography reagents and drive market revenue growth. Rising prevalence of cancer globally is also expected to increase expansion of the cancer medicine industry and rise demand for chromatography reagents.