Global Affinity Ligands Market (2023 Edition) - Analysis By Type (Antibodies, Ig Binding Proteins, Lectins, Enzymes, Others), End Use, By Region, By Country: Market Size, Insights, Competition, Covid-19 Impact and Forecast (2023-2028)
Executive Summary
The global Affinity Ligands market was valued at USD 170.8 billion in 2021 and is anticipated to expand at a CAGR of 11.15% between 2023 and 2028. The rising demand for affinity ligands in several applications, including protein purification, drug development, and diagnostic testing, is driving up demand for Affinity Ligands.
Antibodies were the first (and continue to be the most popular) affinity ligand technology, and they are used in a variety of applications such as manufacturing solutions, research techniques, diagnostics, and therapeutic approaches. Antibodies account for 60.75% of the overall market share by type segment in 2021.
Demand for innovative affinity ligands such as aptamers is also being driven by the development of affinity ligands with increased binding affinity, simpler manufacturing processes, and cheaper production costs.
The most prominent use of Affinity Ligand is affinity chromatography, which is a separation process based upon a particular interaction between the analyte of interest and a ligand that is covalently attached to a resin. It is a simple, rapid, selective, and efficient protein purification method that can purify tens of thousands of folds in a single step.
The Americas Region acquires a majority share of the affinity ligands market in 2021 due to robust R&D investment and the presence of top life science enterprises in the region.
Scope of the Report
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