Chromatography Instruments Market Size, Growth, Opportunity And Forecast To 2025
Chromatography Instrument Market is Valued at USD 8.04 Billion in 2018 and Expected to Reach USD 12.76 Billion by 2025 with a CAGR of 6.8% Over the Forecast Period.
Advancement in chromatography technologies and increasing demand in pharmaceutical and biotechnological industries driving the chromatography instrument market.
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Scope of Chromatography Instrument Market -
Chromatography instrument is technique to separate various compounds from the natural solution or mixture of sample through the use of multiple chromatographic techniques by using chromatography instruments. This is done by passing the mixture in sample solution through a specific medium in which the components move at different rates. The chromatography instrument comprises of pumps, gels, columns, detectors, and software for the system used among various chromatography types. It comprises separation of biomolecules on the basis of type, size, and other attributes that needs mobile phase, stationary phase, and elutants to successful separation of component. The analytical chromatography is done usually with smaller amounts of material and is for measuring the relative proportions or establishing the presence or of analytes in a sample mixture. However, it is important to know the sample type for choosing the chromatography instruments.
Chromatography instrument market report covers prominent players like Agilent technologies, THERMO- FISHER SCIENTIFIC incorporated, PerkinElmer Incorporated, Shimadzu Corporation, Novasep Holdings S.A.S., PALL corporation, Jasco Incorporated, GL Sciences Incorporated, PHENOMENEX Inc., Waters corporation GE Healthcare, Becton, Sigma-Aldrich Corporation, Dickinson and Company, Phenomenex, Inc., Life Technologies Corporation, Regis Technologies, Tosoh Corporation, Bio-Rad Laboratories, Helena Laboratories, Pall Corporation, VWR International and among others.
The chromatography instruments have benefits in research due to their ability of separation, analysis, and purification of molecules in an effective manner. The chromatography can be analytical chromatography which is used in environmental labs and preparative chromatography which is used in pharmaceutical industry. The chromatography instruments are used in various industries such as biotechnology, pharmaceuticals, chemical, environmental testing, food and beverages, drug discovery, and semiconductor industries. Moreover, recently the application of chromatography has increased in many fields, especially in pharmaceutical and food and beverage industries. The growing use of chromatography in the pharmaceutical industry is for the separation of chiral compounds. These compounds have molecules that differ slightly in the way their atoms are oriented in space.
The regions covered in this chromatography instrument market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of chromatography instrument is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Chromatography Instrument Market Segmentation –
By System Type: Gas chromatography system, Ion Exchange chromatography, Affinity Chromatography, Super critical fluid chromatography, Column chromatography, Liquid chromatography system, High pressure liquid chromatography, Ultra high pressure liquid chromatography, Low pressure liquid chromatography, Others
By end user: Biotechnology and pharmaceutical industries, Hospitals, Research laboratories, Others
YMC to acquire leading continuous chromatography technologies company, ChromaCon
News: On April 1, 2019, YMC Co., Ltd., a leading supplier of separation resins, services and systems for the pharmaceutical market, has announced the acquisition of all shares in ChromaCon AG a Zurich, Switzerland based company. and executed the transfer of 100% shares in the Company. ChromaCon AG, founded as spin-off from ETH Zurich and a life science tool company, is a leader in continuous chromatography technologies. ChromaCon markets laboratory-scale purification systems employing its process technologies, process simulation and operating software. ChromaCon has pioneered twin-column purification, significantly increasing productivity in large (biopharmaceutical) and small (pharmaceutical) molecule manufacturing, thereby reducing operational cost.
Chromatography Instrument Market Dynamics –
The chromatography instruments market has witnessed various technological advancements driving the growth of market. Increasing the demand of advanced chromatography technologies for biotechnology, chemical, biopharmaceutical companies, semiconductor industries, food and beverage and environmental testing. These advancements have led to the development of miniaturized, automated, and computerized devices. Moreover, raised government investments in the last few decades for academic, research institutes and life science industries, are the main source of revenue for the chromatography instruments manufacturers and expected to increase near future fuelling the growth of the chromatography instrument market. Additionally, increased number of CROs and generics owning to increasing demand for drug development and new convenient methods developments are likely to encourage chromatography instrument market growth.
Chromatography Instrument Market Regional Analysis –
North America is dominating the chromatography instrument market followed by Europe, due to the presence of key players in the region and expected to continue over the forecast period. Additionally, the increase in funding for R&D activities and environmental testing in the U.S. are some other factors driving the growth of the market in the U.S. Moreover, rise of the Canadian food testing industry and the rising investment and initiatives by the government to improve laboratory infrastructure in Canada will also fuel market growth during the forecast period.
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