Coherent Market Insights

Chromatography Market to Reach US$ 13,465.2 Million by 2027

Chromatography Market to Reach US$ 13,465.2 Million by 2027 - Coherent Market Insights

Publish In: Aug 10, 2020

Chromatography finds application in molecular biology for pharmaceutical compounds such as acetaminophen, diclofenac, lidocaine, clozapine, haloperidol, flunitrazepam, chlorpromazine, alprenolol, albendazole and verapamil.

Statistics:

The global chromatography market is estimated to account for US$ 13,465.2 Mn in terms of value by the end of 2027.

Global Chromatography Market: Drivers

Approval and launch of new products is expected to propel growth of the global chromatography market over the forecast period. For instance, in June 2020, Waters Corporation launched Waters Arc HPLC System, a new high-performance liquid chromatograph (HPLC) for routine testing in the pharmaceutical, food, academic and materials markets.

Global Chromatography Market: Opportunities

Adoption of chromatography for analysis of biological samples is expected to offer lucrative growth opportunities for players in the global chromatography market. For instance, in July 2020, researchers from University of Verona, Italy, reported the development and validation of a liquid chromatography tandem mass spectrometry (LC–MS/MS) technique for simultaneously quantifying 15 bile acids species in serum samples. 

Global Chromatography Market: Restraints

High cost of chromatography machines is expected to hinder the market growth. For instance, ion chromatography machines cost around US$ 25, 000.

Key Takeaways:

The global chromatography market was valued at US$ 9,701.6 Mn in 2019 and is forecast to reach a value of US$ 13,465.2 Mn by 2027 at a CAGR of 4.8% between 2020 and 2027. Approval and launch of new products is expected to propel growth of the global chromatography market over the forecast period

Liquid Chromatography segment held dominant position in the global chromatography market in 2019, accounting for 56.8% share in terms of value, increasing adoption of chromatography for analysis of biological samples is expected drive the segment growth during the forecast period   

Market Trends

Major players in the market are focused on launching new products to expand their product portfolio. For instance, in June 2019, AB Sciex LLC, a subsidiary of Danaher Corporation launched TripleTOF 6600+ LC0-MS/MS System with Scanning SWATH Acquisition, and OneOmics in SCIEX Cloud.

Launch of novel software solution for LC-MS is expected to aid in growth of the market. For instance, in May 2018, SCIEX launched BioPharmaView Software 3.0 solution for complete LC-MS multiple attribute methodology (MAM) workflow, which enables detailed characterization of biologics for use by biopharma researchers.

Global Chromatography Market: Competitive Landscape   

Major players operating in the global chromatography market include, Thermo Fisher Scientific Inc., Agilent Technologies, Inc., SHimadZu Corporation, Waters Corporation, Affymetrix, Inc., Siemens Healthcare, Illumina Inc., Horiba Limited, PerkinElmer, Inc., Life Technologies, Protagen AG, Roche Diagnostics Limited, Malvern Panalytical, Tosoh Corporation, Polymer Char, and Potsnova Analytics.

Global Chromatography Market: Key Developments

Major players in the market are focused on launching new products to expand their product portfolio. For instance, in June 2020, Agilent Technologies Inc. launched Agilent 6470B Triple Quadrupole LC/MS (6470 LC/TQ) system and the Agilent RapidFire 400 system at ASMS 2020 Reboot, the interactive, online version of the annual conference of the American Society for Mass Spectrometry.

Major players in the market are also focused on adopting partnership strategies to expand their product portfolio. For instance, in May 2020, Thermo Fisher Scientific Inc. partnered with MSAID GmbH, a software company, to develop and commercialize deep learning tools for proteomics

Segmentation

Scope of the report

  • Global Chromatography Market, By Product Type:
    • Liquid
      • HPLC
      • UHPLC
    • Gas Liquid
    • Others
      • Ion Chromatography
      • LPLC
      • Flash
      • TLC and Chemical sensors
  • Global Chromatography Market, By Region:
    • North America
      • By Product Type:
        • Liquid
          • HPLC
          • UHPLC
        • Gas Liquid
        • Others
          • Ion Chromatography
          • LPLC
          • Flash
          • TLC and Chemical sensors
      • By Country
        • U.S.
        • Canada
    • Latin America
      • By Product Type:
        • Liquid
          • HPLC
          • UHPLC
        • Gas Liquid
        • Others
          • Ion Chromatography
          • LPLC
          • Flash
        • TLC and Chemical sensors
      • By Country
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Product Type:
        • Liquid
          • HPLC
          • UHPLC
        • Gas Liquid
        • Others
          • Ion Chromatography
          • LPLC
          • Flash
        • TLC and Chemical sensors
      • By Country
        • U.K.
        • Germany
        • France
        • Spain
        • Italy
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Product Type:
        • Liquid
          • HPLC
          • UHPLC
        • Gas Liquid
        • Others
          • Ion Chromatography
          • LPLC
          • Flash
        • TLC and Chemical sensors
      • By Country
        • China
        • Japan
        • India
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Product Type:
        • Liquid
          • HPLC
          • UHPLC
        • Gas Liquid
        • Others
          • Ion Chromatography
          • LPLC
          • Flash
        • TLC and Chemical sensors
      • By Country
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • By Product Type:
        • Liquid
          • HPLC
          • UHPLC
        • Gas Liquid
        • Others
          • Ion Chromatography
          • LPLC
          • Flash
        • TLC and Chemical sensors
      • By Country
        • North Africa
        • Central Africa
        • South Africa
  • Company Profiles
    • Thermo Fisher Scientific Inc. *
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
      • Strategies
    • Agilent Technologies, Inc.
    • SHimadZu Corporation
    • Waters Corporation
    • Affymetrix, Inc.
    • Siemens Healthcare
    • Illumina Inc.
    • Horiba Limited
    • PerkinElmer, Inc.
    • Life Technologies.
    • Protagen AG
    • Roche Diagnostics Limited
    • Malvern Panalytical
    • Tosoh Corporation
    • Polymer Char
    • Potsnova Analytics
  •  “*” marked represents similar segmentation in other categories in the respective section.

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports


Want to Buy a Report but have a Limited Budget?

We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail


Logo

Reliability and Reputation

ESOMAR
DUNS Registered
Clutch
DMCA Protected

9001:2015

Reliability and Reputation

27001:2022

Reliability and Reputation

EXISTING CLIENTELE

Created billion dollars of revenue impact on thousands of clients

trusted clients logo
© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.