The Global Desalting and Buffer Exchange Market trends is expected to grow significantly over the forecast period. It is anticipated that the market held a market value of USD 615.20 million in 2017 and is projected to grow at a CAGR of 10.5% over the forecast period. Desalting is a separation process removes soluble low molecular weight substances from protein and nucleic acid samples. Buffer exchange is the replacement of one set of buffer salts with another set.
Additionally, during the preparation of biological samples, buffer exchange is an essential step, as it prepares the sample for downstream applications. The factors such as growing demand for monoclonal antibodies, increasing research and development expenditure by the biopharmaceutical companies, and growing focus on proteomic and genomic research is expected to drive the market growth over the forecast period. According to the Office for National Statistics, gross domestic expenditure on R&D was Euro 33.1 billion (USD 35.2 billion) in 2016. Despite the drivers, the lack of skilled professionals is expected to restrain the market growth.
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Regional Analysis
Geographically, the Americas is expected to dominate the global market owing to the presence of well-developed healthcare sector, growing demand for biopharmaceuticals, continuously growing biotechnology sector, increasing research and development expenditures, and growing research activities in the field of genomics and proteomics research in the region. Europe is anticipated to hold the second position in the market owing to the growing number of research and development activities due to the growth in the R&D expenditure in the region. Asia-Pacific is anticipated to be the fastest growing region in the global market owing to the continuously growing biotechnology sector and growing number of geographical expansions of the prominent market players in the region. The Middle Eastern and African region is expected to hold the lowest market share owing to the limited developments in the healthcare sector, especially in the African region.
Segmentation
The Global Desalting and Buffer Exchange Market has been segmented into technique, product, and application. On the basis of technique, the global market has been segmented into filtration, chromatography, and precipitation. The filtration segment has been further segmented into ultrafiltration and dialysis. The chromatography segment has been segmented into size-exclusion chromatography and others.
The global desalting and buffer exchange market, by product, has been segmented into kits, cassettes, filter plates, spin columns, membrane filters, and others.
The market, on the basis of application, has been segmented into bioprocess applications and diagnostic applications. The bioprocess segment is expected to account for the largest market share in 2017. The market growth of the segment is attributed to the increasing demand for biopharmaceutical products.
Key Players
Some of the prominent players in the global desalting and buffer exchange market are Merck KGaA, GE Healthcare, Sartorius AG, Thermo Fisher Scientific, Danaher Corporation, Agilent Technologies, Inc., Bio-Rad Laboratories, Avantor, Repligen Corporation, Bio-works Technologies Ab, Norgen Biotek Corp, and Phynexus, Inc.
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