USD 320.3 million
Report ID:
SQMIG35G2182 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
34
|Figures:
76
Hydrophobic Interaction Chromatography Market size was valued at USD 386.89 million in 2022 and is poised to grow from USD 418.40 million in 2023 to USD 747.87 million by 2031, growing at a CAGR of 7.53% in the forecast period (2024-2031).
The global Hydrophobic Interaction Chromatography (HIC) market is witnessing significant growth and evolving as a key technique for the separation and purification of hydrophobic biomolecules. The market is driven by the rising demand for biopharmaceuticals and the need for efficient purification methods.
HIC offers advantages such as high selectivity, mild operating conditions, and compatibility with various sample matrices. The increasing focus on personalized medicine and the development of novel therapeutics further contribute to the market growth.
Additionally, advancements in HIC resins and column technologies, along with improved automation and process optimization, are enhancing the efficiency and scalability of HIC processes. The market is expected to witness substantial growth in the coming years, driven by the expanding biopharmaceutical industry and the demand for reliable and efficient purification solutions for complex biomolecules.
US Hydrophobic Interaction Chromatography Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 320.3 million
Largest Segment
alkyl-based HIC resins
Fastest Growth
alkyl-based HIC resins
Growth Rate
10.5% CAGR
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The Global Hydrophobic Interaction Chromatography Market is segmented by Product and Service, Sample Type, Application, End User, and region. Based on Product and Service, the market can be segmented into Products (Resin, Column, Buffer, Others) and Services. Based on Sample Type, the market can be segmented into Monoclonal Antibodies, Vaccines, Cell culture sample, Plasma & Serum sample and Others. Based on Application, the market is segmented into Protein purification, Vaccine development, Drug discovery and Food and dietary supplement development. Based on End User, the market is segmented into Protein purification, Vaccine development, Drug discovery and Food and dietary supplement development. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Hydrophobic Interaction Chromatography Market Analysis by Type
The dominant sub-segment in the type segment of the HIC market is the alkyl-based HIC resins. These resins are commonly used due to their versatility and broad applicability across various biomolecules. They are widely adopted in pharmaceutical, biotechnology, and academic research sectors.
The fastest growing sub-segment in the type segment of the HIC market is the specialty HIC resins. Examples of specialty HIC resins include ligand-modified resins, mixed-mode resins, and high-capacity resins. The demand for specialty HIC resins is driven by the need for improved purification efficiency, higher binding capacity, and better resolution for complex molecule separations.
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One dominant region in the global HIC market is North America. This region holds a significant share in the market due to the presence of established pharmaceutical and biotechnology industries, along with strong research and development capabilities. North America is home to several key players in the chromatography market and has well-developed infrastructure and regulatory frameworks to support the adoption of advanced chromatography technologies.
One of the fastest growing regions in the global HIC market is the Asia-Pacific region. This region is experiencing rapid growth in the biopharmaceutical sector and is emerging as a major hub for contract research and manufacturing organizations (CRMOs). The increasing investments in biopharmaceutical research and development, growing healthcare infrastructure, and rising demand for advanced chromatography technologies are driving the growth of the HIC market in this region. Additionally, favorable government initiatives, increasing collaborations with international players, and rising healthcare expenditure are further fueling the market growth in the Asia-Pacific region.
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Hydrophobic Interaction Chromatography Market Drivers
increasing demand for therapeutic proteins and monoclonal antibodies
Hydrophobic Interaction Chromatography Market Restraints
high cost associated with implementing and maintaining hic systems
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The global hydrophobic interaction chromatography market is characterized by a mix of established companies and emerging players. Market participants are focusing on research and development activities to enhance the efficiency and performance of Hydrophobic Interaction Chromatography. Additionally, strategic collaborations, partnerships, and mergers and acquisitions are prevalent strategies adopted by companies to expand their market presence. The competitive environment is further influenced by factors such as technological advancements, government regulations, and the ability to provide cost-effective and sustainable solutions.
Hydrophobic Interaction Chromatography Market Top Player’s Company Profiles
Bio-Rad Laboratories, Inc. (U.S.)
Sartorius AG (Germany)
Thermo Fisher Scientific Inc. (U.S.)
Tosoh Bioscience (Japan)
Geno Technology Inc., USA. (U.S.)
Axel Semrau GmbH & Co. KG (Germany)
Bruker (U.S.)
Cecil Instrumentation Services Ltd. (U.K.)
General Electric (U.S.)
Hitachi High-Tech America, Inc. (Japan)
JASCO Corporation (Japan)
KNAUER Wissenschaftliche Geräte GmbH (Germany)
SEDERE (France)
Sykam GmbH (Germany)
Waters Corporation. (U.S.)
Agilent Technologies, Inc. (U.S.)
Scion Instruments (Netherlands)
Gilson Incorporated. (U.S.)
PerkinElmer Inc. (U.S.)
Restek Corporation (U.S.)
Hydrophobic Interaction Chromatography Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The global hydrophobic interaction chromatography (HIC) market is witnessing significant growth due to the increasing demand for purification techniques in the biopharmaceutical industry. HIC is a powerful separation method that enables the purification of biomolecules based on their hydrophobic properties. With the rising production of biopharmaceuticals, there is a growing need for efficient and reliable purification processes to ensure product quality and safety. HIC offers advantages such as high selectivity, scalability, and compatibility with various sample matrices.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 386.89 million |
Market size value in 2031 | USD 747.87 million |
Growth Rate | 7.53% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Million |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Hydrophobic Interaction Chromatography Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Hydrophobic Interaction Chromatography Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Hydrophobic Interaction Chromatography Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Hydrophobic Interaction Chromatography Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG35G2182
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