High-Performance Liquid Chromatography (HPLC) Market Size, Demand and Forecast 2023-2028 | Hitachi Ltd. Tosoh Corporation, Waters Corporation

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How big is the high-performance liquid chromatography (HPLC) market?

The global high-performance liquid chromatography (HPLC) market size reached US$ 5.1 Billion in 2021. Looking forward, IMARC Group expects the HPLC market to reach US$ 6.8 Billion by 2027, exhibiting a growth rate (CAGR) of 4.86% during 2022-2027.

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What is HPLC?

High-performance liquid chromatography (HPLC) represents a method in analytical chemistry used to identify, separate, and quantify each component in a mixture. "Chromatography" refers to a technique for separation, "chromatogram" is the outcome of chromatography, and "chromatograph" is the instrument used to conduct chromatography. Among the various technologies developed for this method, devices dedicated to molecular separation called columns and high-performance pumps for delivering solvent at a stable flow rate are some of the essential components of chromatographs. HPLC separates the compounds dissolved in a liquid sample and allows quantitative and qualitative analysis of what and how much of each element is contained in the selection.

What are the growth prospects and trends in the HPLC industry?

The high sensitivity and accuracy of this method, the rising importance of these tests in drug approvals, the growing popularity of hyphenated techniques, and the increasing pharmaceutical research and development (R&D) spending are among the primary factors driving the high-performance liquid chromatography market.

Besides this, several technological advancements in these techniques that have propelled the reliability and robustness of these operations, such as dual-injection systems, multidimensional capabilities, and intermediate pressure alternatives, are further augmenting the market growth.

Moreover, the elevating requirement for HPLC systems to develop new therapeutics, vaccines, and reliable diagnostic methods, owing to the sudden outbreak of COVID-19, is also catalyzing the global market. Apart from this, the inflating number of clinical trials and patented studies are acting as significant growth-inducing factors.

Furthermore, the escalating demand for this technique in various applications, including preparative purification, amino acid analysis, two-dimensional liquid processes, method development, and clinical diagnostics, is expected to bolster the high-performance liquid chromatography market in the coming years.  

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Who are the key players operating in the industry?

The report covers the major market players including:

• Agilent Technologies Inc.
• Bio-RAD Laboratories Inc.
• Gilson Inc.
• Hitachi Ltd.
• Perkinelmer Inc.
• Phenomenex Inc. (Danaher Corporation)
• Shimadzu Corporation
• Thermo Fisher Scientific Inc.
• Tosoh Corporation
• Waters Corporation

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product:

• Instruments
• HPLC System
• Automated
• Manual
• Detectors
• Pumps
• Others

Consumables

• Columns
• Tubes
• Vials
• Filters
• Others

Accessories

Breakup by Application:

• Clinical Research
• Diagnostics
• Forensic
• Others

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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