|Market Size in 2019||Market Forecast in 2026||CAGR (in %)||Base Year|
|USD 9.5 Billion||USD 14.9 Billion||6.8%||2019|
Chromatography Systems Market
According to the report, global demand for chromatography systems market was valued at approximately USD 9.5 billion in 2019, and is expected to generate revenue of around USD 14.9 billion by end of 2026, growing at a CAGR of around 6.8% between 2020 and 2026.
Chromatography is a laboratory technique used for separation of mixture and utilized in different ways. Chromatography is an essential technique for life science research, agriculture, biotechnology and pharmaceutical industry. Chromatography technique isolates the mixture into two phases specifically mobile phase and stationary phase. The mobile phase travels through the stationary phase by taking compound to be tested with it. At different points in the stationary phase the different components of the compound get absorbed and stop moving with the mobile phase. Over 60% of analysis worldwide is currently done by chromatography technique. Chromatography has a number of advantages over older separation technique such as solvent extraction, distillation, and crystallization.
Increased importance of chromatography in pharmaceuticals, laboratories, forensic labs is a major driving factor for the chromatography systems market. Additionally, increasing number of research activity and advancement in technology is predicted to fuel the growth of this market. Pharmaceutical industries and biotechnology are the major end users of the chromatography technique. Furthermore, government funds and grants for research can stimulate the usage of chromatography methods in these industries. However, high cost of chromatography products can hinder the market in the long run. Also, necessity of skilled individuals to handle chromatography system and alternative separation techniques may hamper the market growth.
The chromatography system market is segmented on the basis of types and geography. By type, the market is categorized into gas chromatography, liquid chromatography (high-pressure liquid chromatography, ultra-high-pressure liquid chromatography, and low-pressure liquid chromatography), and other (ion-exchange chromatography, affinity chromatography, supercritical fluid chromatography, column chromatography, thin layer chromatography). Liquid chromatography is one of the largest segments of the chromatography system in use.
|Report Attributes||Report Details|
|Report Name||Chromatography Systems Market Research Report|
|Market Size in 2019||USD 9.5 Billion|
|Market Forecast in 2026||USD 14.9 Billion|
|Growth Rate||CAGR of 6.8%|
|Number of Pages||188|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Key Companies Covered||Agilent Technologies, APIX, PerkinElmer, Quadrex, Thermo Fisher Scientific, Inc., CDS Analytical, OI Analytical (Xylem), and Shimadzu Corporation.|
|Segments Covered||By Type, And By Region|
|Regions Covered||North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)|
|Historical Year||2016 to 2020|
|Forecast Year||2019 - 2026|
|Customization Scope||Avail customized purchase options to meet your exact research needs. Request For Customization|
North America accounted for the largest share of the chromatography market primarily due to increased research activities for different medicines, biologics development, and government investments. Europe was the second-largest market for chromatography systems. North America and Europe are predicted to lead the chromatography systems business sector throughout the next five years. The chromatography market in Asia Pacific will grow and expand at a rapid pace due to factors such as the extension of local organizations and investment of Western pharmaceutical companies in this region.
The major players in the chromatography market include
Global Chromatography Systems Market: Type Segment Analysis
Global Chromatography Systems Market: Region Segment Analysis
Chromatography is an analytical technique that can be used to separate, identify, and measure the different components that make up a mixture. Chromatography is both diverse and powerful. It operates on the basis of a concept known as differential migration, in which the components of the mixture interact in a variety of distinct ways with a stationary phase and a mobile phase.
Increased importance of chromatography in pharmaceuticals, laboratories, forensic labs is a major driving factor for the chromatography systems market.
According to the report, global demand for the chromatography systems market was valued at approximately USD 9.5 billion in 2019 and is expected to generate revenue of around USD 14.9 billion by the end of 2026, growing at a CAGR of around 6.8% between 2020 and 2026.
North America accounted for the largest share of the chromatography market primarily due to increased research activities for different medicines, biologics development and government investments.
The major players in the chromatography market include Agilent Technologies, APIX, PerkinElmer, Quadrex, Thermo Fisher Scientific, Inc., CDS Analytical, OI Analytical (Xylem), and Shimadzu Corporation.