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Chromatography Systems Market is estimated to surge at a CAGR of 6.7% to reach US$ 2.4 Bn by the end of 2032

12-23-2022 11:02 AM CET | Health & Medicine

Press release from: Persistence Market Research

The global chromatography systems market was valued at around US$ 1.2 Bn at the end of 2021 and is expected to increase at a high CAGR of 6.7% over the forecast period (2022-2032).

Herbal formulations have become widely accepted as therapeutic agents for a variety of medical conditions as a result of the widespread adoption of Western medicines, which include antibiotics, steroids, and other synthetic drugs. The market for nutraceuticals, pharmaceuticals, cosmeceuticals, and functional foods is expanding rapidly as a result of the growing acceptance of plant-based medicines. Establishing a consistent biological activity, chemical profile, or even just a quality assurance program for the development and manufacturing of herbal medications requires standardization.

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Separation and characterization of complex mixtures are essential in many domains where exceptionally high separation power is required. Large peak capacities may be obtained using chromatographic separation techniques, which is expected to drive the market over the coming years. Multidimensional separation techniques are highly desirable and useful when separating complex samples. The requirement for higher peak capacities is driving researchers toward online three-dimensional liquid chromatography; however, online comprehensive two-dimensional liquid chromatography still provides detailed information on complex samples.

Key Takeaways from Market Study

By product, liquid chromatography systems are expected to hold 53% market value share by the end of 2032.
By modality, continuous chromatography systems will dominate the global market with more than 40% share in 2022.
By usage, the commercial segment is set to dominate the global market with an expected share of 67% share in 2022.
Nearly 48.7% market share has been captured by biopharmaceutical companies in 2022.
Europe is forecasted to be the leading regional market with an expected market share value of 38.3% by the end of 2032.

"Rising focus on cost-effective manufacturing & standardization and increasing demand for total quality assessment for pharmaceutical production will propel the adoption of chromatography systems," says an analyst of Persistence Market Research.

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Market Competition

Leading players such as Thermo Fisher Scientific and Merck KGaA, among others, are aiming at business expansion to strengthen their market presence as well as introduce new product lines in their already existing product portfolios.

In February 2022, Merck's Life Science business sector entered into a collaboration with Waters Corporation to build and expand an Extractables and Leachables (E&L) Reference Library to include ion mobility measurements.

In March 2022, Waters introduced a faster, reliable, and automated solution for mass and purity analysis of biomolecules.

What Does the Report Cover?

Persistence Market Research offers a unique perspective and actionable insights on the chromatography systems market in its latest study, presenting a historical demand assessment of 2012 - 2021 and projections for 2022 - 2032.

The research study is based on the product (liquid chromatography systems [high-performance liquid chromatography systems, ultra-high performance liquid chromatography systems, medium-pressure liquid chromatography systems, flash chromatography systems, and other LC systems], gas chromatography systems, supercritical fluid chromatography systems, thin-layer chromatography systems, chromatography columns [pre-packed column, and self-packed empty column], auto-sampling systems, and consumables and accessories), modality (single-use chromatography systems, multiple-use chromatography systems, continuous chromatography systems, and high-performance chromatography systems), usage (process development, and commercial), and end user (biopharmaceutical companies, hospitals, diagnostic centers, clinical research organization, and academic institutes), across seven key regions of the world.

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Key Questions Answered in This Report.

What are the Roadblocks for Chromatography Systems Market Suppliers?
What are the Key Opportunities for Chromatography Systems Market Manufacturers?
How is Focus on Safety Influencing Chromatography Systems Market Demand?
What is the Regulatory Impact on Global Sales of Chromatography Systems Market?
Which Region Offers the Largest Opportunity for Sales of Chromatography Systems Market?
Where Does the U.S. Stand in the Market for Chromatography Systems Market?
What Is the Outlook for Chromatography Systems Market Manufacturers in China?
Why is Germany a Lucrative Market for Chromatography Systems Market Manufacturers?
Why Will Belgium Outpace Other European Markets for Chromatography Systems Market?
Why is There High Demand for Tires in Chromatography Systems Market?
Why are Sales of Chromatography Systems Market Surging?

Media Contact:
Persistence Market Research
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About Us

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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