Press release
Chromatography Reagent Market to grow from a market value of USD 4.8 billion in 2016 to USD 7.82 billion by 2023| Key Vendors - BIO-RAD LABORATORIES INC., GE HEALTHCARE, SIGMA-ALDRICH CORPORATION, THERMO FISHER SCIENTIFIC, INC., amongst others.
Market Analysis:North America to Dominate the Market
North America accounts for the largest share of the chromatography reagents market due to extensive research on drugs and biologic is this region. It is followed by Europe and Asia-Pacific. The Asia-Pacific market is likely to grow in the next five years, due to an increase in drug manufacturing facilities and growing economies in the region.
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Chromatography is a separation technique that is used to separate solutes, by using chromatographic reagents. In the petroleum sector, this technique is used to analyze complex mixtures of hydrocarbons. They are also used in food & beverage industry, cosmetics, and environmental testing, and as a diagnostic tool in academic research and forensics. The chromatography reagents market is driven by the growing food safety concerns and increased use of this technique in the pharmaceutical sector by biotech companies for various medicine manufacturing and modifications. Governments have increased their support by funding the manufacturing and development of novel drugs. Advancements in technology are likely to result in opportunities for the market.
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Market Segments:
Chromatography Reagent Market is segmented by:
1. Type: Buffers, Ion Pair Reagents, Solvents, Silylation Reagents, Alkylation and Esterification Reagents, Acylation Reagents, Solid Support
2. Bed Shape: Column, Planar, Thin Layer
3. Physical State of Mobile Phase: Gas Chromatography Reagents, Liquid Chromatography Reagents, HPLC Reagents, UHPLC Reagents, LPLC Reagents, SFC Reagents
4. Separation Mechanism: Partition, Adsorption, Ion Exchange, Affinity, Size Exclusion
5. End-User: Pharmaceuticals/Biopharmaceuticals/Biotechnology Companies, Food and Beverage Companies, Clinics and Hospitals, Cosmetic Companies, Environmental Agencies, Academics and Research Institutes
6. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa
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