Global Chromatography Instruments Market Size, Trends & Growth Opportunity, By Type (Gas chromatography, Ion Exchange chromatography, Affinity Chromatography, Super critical fluid chromatography), By Consumables & Instruments (Tubes, Detectors, Columns, Vials, Pumps, Fraction Collector, and Others), By End User (Biotechnology & Pharmaceutical Industries, Hospitals, Research Laboratories, and Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Chromatography Instruments Market
Global Chromatography Instruments Market was valued at USD 8.7 billion in 2021 and is expected to reach USD 13.5 billion by 2027, at a CAGR 7.39% from 2022-2027.
Chromatography Instrument is defined as a method to separate various compounds from the mixture of sample and natural solution by chromatographic techniques by using different instruments. It also involves separation of biomolecules based on type, size, and other attributes which needs stationary phase, mobile phase for carrying out separation procedure. Chromatography is an analytical method used for segregating a mixture into its individual components so that the analysis of individual components becomes possible.
Market Drivers
Increasing adoption of chromatography use in clinical research field and new drug development is the key driving factor which is projected to boost the global chromatography instruments market growth.
For instance, according to World Journal Pharmaceutical Sciences around 60% of chemical analysis is done by chromatography across the world. Also, rising food safety concerns will have the positive impact on market growth. Moreover, rising popularity of hyphenated techniques will drive the market growth in forecast period.
Market Restraints
The high cost of chromatography equipment is the major challenging factor which expected to hinder the global chromatography instruments market growth. Also, lack of skilled professionals will affect the market growth in the forecast period 2027.
Market Segmentation
The Global Chromatography Instruments Market is segmented into type, consumables, and Instruments, end-user, and region.
Based on end user the Chromatography Instrument Market is segmented into, Biotechnology & Pharmaceutical Industries, Hospitals, Research Laboratories, and Others.
Regional Analysis
Global Chromatography Instruments Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is projected to account for the highest market share. This is attributed to the development and investment in pharmaceutical sectors in the North America and Canada region.
The Asia Pacific region is expected to be the fastest-growing market. This is attributed to the growing economies and improved standard of living.
Key Players
Various key players are discussed into the Global Chromatography Instruments Market Report including: Agilent Technologies, Inc., Waters Corporation, Shimadzu Corporation, Thermo Fisher Scientific, Inc., PerkinElmer, Inc., Merck KGaA, Bio-Rad Laboratories, Restek Corporation, Gilson, Inc., Cytiva, and Others.
In June 2022, Agilent Technologies had launched a new liquid chromatography-mass spectrometry and gas chromatography-mass spectrometry quadrupole mass spectrometers which the company said will raise the level of built-in instrument intelligence and offer a higher level of instrument diagnostics to maximize system uptime for customers.
Market Taxonomy
By Type
By Consumables and Instruments
By End Users
By Region
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