Chromatography Software Market Size By Device Type (Standalone, Integrated), By Deployment Mode (On-premise, Web-based, Cloud-based), By Application (Pharmaceutical Industry, Environmental Testing, Forensic Testing, Food & Beverage Industry), By End-use (

Chromatography Software Market Size By Device Type (Standalone, Integrated), By Deployment Mode (On-premise, Web-based, Cloud-based), By Application (Pharmaceutical Industry, Environmental Testing, Forensic Testing, Food & Beverage Industry), By End-use (Pharmaceutical and Biotechnology Companies, Academic and Research Institutes, Testing Facilities, Hospitals/Clinics), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2022 - 2028

The global chromatography software market share is slated to climb up at a rapid pace by 2028. The rapidly expanding processed food and beverages sector is expected to drive the projected growth over the analysis timeline.

With the world’s population increasing at a steady pace and the economic after-effects of the COVID-19 pandemic dramatically raising the cost of living for a majority of the global demographic, demand and production of affordable processed food is expected to rise tremendously. This, in turn, is expected to create a notable demand for chromatography software in the years to come.

Overall, the chromatography software market is categorized into different segments on the basis of device type, deployment model, application, regional landscape, and end-use.

Among these, the device type segment is further bifurcated into standalone chromatography software, and integrated chromatography software. The integrated segment was valued at over USD 344 million back in 2021. The segment is now projected to grow with a CAGR of 8.2% through the forecast timeline driven by the product’s ability to handle samples accurately and efficiently, all while offering improved efficiency, essentially allowing it to provide enhanced outcomes.

Based on the deployment model, the market is divided into three segments of on-premises, web-based, and cloud-based. In 2021, the web-based segment was valued at more than USD 180 million, with projections expecting it to witness a CAGR of 7.8% owing to the advent of novel web-based chromatography software tools that helps perform highly accurate and precise chromatographic data analysis along with instantaneous completion of reactions.

With respect to application, the industry is categorized into pharmaceutical Industry, environmental testing, forensic testing, food & beverage industry, and others. In 2021, the Food & beverage industry segment was valued at more than USD 57 million. The segment is projected to witness 7.9% market growth due to the growing demand for food safety and quality testing coupled with the rising burden of foodborne illnesses.

In terms of end-use, the hospitals/clinics segment is slated to record notable gains. In 2021, the segment was valued at more than USD 23 million, with projections expecting it to witness 7.5% market growth owing to the rapidly surging elderly population and the subsequent upsurge in the prevalence of associated disorders, and growing demand for early disease diagnosis.

With regards to the regional landscape, Latin America chromatography software market was valued over USD 16 million in 2021. Over the projected timeline, the segment is slated to witness 8.9% CAGR, fueled by the rapid adoption of advanced chromatography software in the research facilities coupled with a presence of growing number of research institutes across the countries in the region.