Global Hydrophobic Interaction Chromatography Market to reach USD 485.7 million by 2025. Global Hydrophobic Interaction Chromatography Market valued approximately USD 270.3 million in 2017 is anticipated to grow with a healthy growth rate of more than 7.60% over the forecast period 2018-2025. The increasing demand for monoclonal antibodies and increasing R&D expenditure in biopharmaceuticals are driving the growth of the market.,
The global hydrophobic interaction chromatography market is divided into monoclonal antibodies, vaccines, and other samples. In 2018, the monoclonal antibodies segment is expected to account for the largest share of the global hydrophobic interaction chromatography market. This large share of this segment is attributed to increasing application of mAbs in autoimmune disorders, CVD, infectious diseases, and cancer.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
The regional analysis of Global Hydrophobic Interaction Chromatography Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is expected to account for the largest share of the global hydrophobic interaction chromatography market. The availability of government and public funding for protein-based research projects, increased adoption of automated purification instruments, high demand for protein biologics, and increasing R&D efforts by pharmaceutical and biotechnology companies are some of the major factors driving the growth of the HIC market in North America.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product & Service:
> Resins
> Columns
> HIC Column by Material
> Buffers
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By Sample Type:
> Monoclonal Antibodies
> Vaccines
> Other Sample
By End User:
> Pharmaceutical & Biopharmaceutical Companies
> Contract Research Organization & Contract Manufacturing Organizations
> Research & Academic Institutes
By Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
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