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The global hydrophobic interaction chromatography industry is being driven by the heightened demand for monoclonal antibodies. This can be attributed to the rampant spread of chronic illnesses like various types of cancer across the world. In addition, the increased government expenditure in the pharmaceutical industry is also expected to support the market growth. An increase in the number of clinical trials and drug development activities can be observed worldwide. The biopharmaceutical companies, government organisations, and research institutes are increasingly focusing on developing effective methods to treat various disorders. During the forecast period, the rapid technological advancements in the medical sector are anticipated to further propel the industry growth.
The growing investments by the leading market players in the research and development of advanced hydrophobic interaction chromatography mechanisms are anticipated to significantly contribute to the market growth in the coming years. For instance, Bio-Rad Laboratories, Inc. (NYSE: BIO), a leading player in the hydrophobic interaction chromatography industry, offers a broad range of hydrophobic interaction chromatography resins such as the Macro-Prep HIC resins, which are used for protein, polypeptide, and nucleic acid purification. In addition, the company also offers NGC Chromatography Systems that offer a range of system configurations, automated and multidimensional chromatography set up, and common software platform for lab operations. Such aspects are expected to positively impact the growth of the hydrophobic interaction chromatography industry in the forecast period.
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The major players in the global hydrophobic interaction chromatography market are Bio-Rad Laboratories, Inc., GE Healthcare, Sartorius AG, Tosoh Bioscience GmbH, and Sepax Technologies, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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