Advantages of autosampler over manual injection systems, growing importance of chromatography in drug approvals, and increasing production of crude and shale oil are some of the key factors driving the growth of the market.
What the Market Looks Like?
The global autosampler market is projected to reach USD 1.14 Billion by 2022 from USD 0.79 Billion in 2017, at a CAGR of 7.6% during the forecast period. The report covers the autosampler market across four major regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW).
This report broadly segments the autosampler market into product and end user. On the basis of product, the market is categorized into autosampler systems and autosampler accessories. The autosampler systems segment is further segmented into liquid chromatography (NYSE:LC) autosampler and Gas Chromatography (GC) autosampler, while autosampler accessories are further segmented into vials, syringes, needles, and septum. GC autosampler systems are further segmented into three types–liquid, headspace, and all in one.
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High cost of autosampler combined with steep prices of consumables act as a deterrent for widespread acceptance among small and mid-sized end users such as small pharmaceutical & biopharmaceutical companies and academic & research institutes.
What are Key Trends in the Market?
The growth of the Autosampler market is primarily influenced by the following factors :
- Advantages of Autosamplers
- Growing Importance of Chromatography in Drug Approval
- Increasing Production of Crude and Shale Oil
- Collaboration Between Manufacturers and Research Laboratories, Academic Institutes
- Growing Food Safety Concerns
- Patent Expiry of Major Drugs and Biomolecules
Based on end user, the autosampler market is segmented into pharmaceutical and biopharmaceutical industry, oil and gas industry, food and bevarage industry, Environmental Testing industry, and other end user segment. The pharmaceutical and biopharmaceutical segment is estimated to command the largest share of the global autosamplers market in 2017.
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The report covers the autosamples market across four major regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is expected to command the largest share of the market in 2017 due to the increasing funds for R&D activities in healthcare industries, growing funding for environmental testing and cleanup activities in the US, government initiatives to improve laboratory infrastructure, and government investments for environmental protection in Canada. However, Asia Pacific is expected to register the highest growth rate during the forecast period, due strategic expansions done by some of major players of autosamplers in China, growth in medical and biomedical research in Japan, and the growing pharmaceutical industry in India.