Global Chromatography Instrumentation market is growing at a steady CAGR and expected to reach 10 billion by 2021 owing to growing food safety concerns
Hyderabad, India -- (SBWIRE) -- 01/22/2018 -- The report "Chromatography Instrumentation Market by System (Liquid Chromatography (LC) Systems, Gas Chromatography (GC) Systems, Other), by Consumable (Columns, Syringe Filters, Vials, Tubing, Other Consumables), by Application (Life Sciences, Food & Beverage Testing, Environmental Testing, Others) - Forecast to 2022", The Chromatography Instrumentation market is expected to reach USD 10.04 Billion by 2022 from an estimated USD 7.50 Billion in 2017, at a CAGR of 6.0%. The key factors such as rapid innovation in technology, rising pharmaceutical expenditure and growing concerns regarding food safety are the major driving force of the market.
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By systems, the liquid chromatography segment accounted for the largest share of the market in 2017
On the basis of systems, the Chromatography Instrumentation market has been segmented into Liquid Chromatography (LC) Systems (High-Pressure Liquid Chromatography (HPLC) Systems, Ultra-High-Pressure Liquid Chromatography (UHPLC) Systems, Flash Chromatography (FC) Systems, Medium-Pressure Liquid Chromatography (MPLC) Systems, Other Liquid Chromatography Systems), Gas Chromatography (GC) Systems, Supercritical Fluid Chromatography (SFC) Systems, Thin-Layer Chromatography (TLC) Systems, Other System Components (Autosamplers, Detectors, Pumps, Vials). The Liquid chromatography segment accounts for the major market share owing to the fact that liquid chromatography has been around for a larger period of time and has better market access and adaptation.
By consumable, the column segment accounted for the largest share of the market in 2017
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On the basis of consumable, the Chromatography Instrumentation market has been segmented into Columns, Syringe Filters, Vials, Tubing, Other Consumables. In 2017, the columns segment is expected to account for the largest share of the global Chromatography Instrumentation market due to established use of columns for a huge variety of chromatic purposes.
By application, the other areas of application segment accounted for the largest share of the market in 2017
On the basis of application, the Chromatography Instrumentation market has been segmented into Life Sciences, Food & Beverage Testing, Environmental Testing, other applications. In 2017, the other areas of application are expected to account for the largest share of the global Chromatography Instrumentation market. It is also expected to be the fastest-growing segment during the forecast period. Environment testing is the second largest holder of market share globally.
North America dominated the market in 2017
North America accounted for the largest share of the Chromatography Instrumentation market in 2017, followed by Europe. The large share of the North American Chromatography Instrumentation market can be attributed to the rapid increase in application of chromatography in the purifying of monoclonal antibodies and their rising use in green chromatography.
The various players in the Chromatography Instrumentation market include Thermo Fisher Scientific, Inc., Agilent Technologies, PerkinElmer, Inc., Shimadzu Corporation, Waters Corporation, Novasep Holding S.A.S., Pall Corporation, JASCO, Inc, GL Sciences, Inc., Phenomenex, Inc., GE Healthcare, Becton, Dickinson and Company, Life Technologies Corporation, Pall Corporation, Regis Technologies, Sigma-Aldrich Corporation, Helena Laboratories, Phenomenex, Inc., Tosoh Corporation, among others.
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