Chromatography Accessories & Consumables Market Growth at a Healthy CAGR Despite COVID-19 Impact: Global Analysis by ReportsnReports, Market Insights, and Top Companies | Agilent Technologies (US), Waters Corporation (US), Shimadzu Corporation (Japan), Th

The report titled "Market Analysis of Chromatography Accessories & Consumables" offers a comprehensive assessment of the current market conditions by analyzing various factors. In today's rapidly evolving business environment, conducting extensive market research plays a crucial role in making well-informed product decisions, making this report indispensable. It covers market segmentation, which provides a clear understanding of product consumption based on type, application, deployment model, end-user, and geographical region. By utilizing this report, businesses can gain valuable market insights, enabling them to make informed decisions regarding vital strategies. It serves as a reliable source that enhances decision-making processes and improves overall business outcomes. With its thorough analysis and evaluation of the market's status, this report empowers businesses to outperform competitors and effectively adapt to changing market trends.

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The prominent players in the chromatography accessories and consumables market are Agilent Technologies (US), Waters Corporation (US), Shimadzu Corporation (Japan), Thermo Fisher Scientific (US), PerkinElemer Inc (US), Bruker Corporation (US), Bio-Rad Laboratories (US), Merck KGaA (Germany), Avantor (US), Hitachi (Japan), Restek Corporation (US), Gilson Inc (US).

"The Chromatography accessories and consumables market is projected to grow at a CAGR of 8.0% during the forecast period (2022-2027)."

The global chromatography accessories and consumables market is projected to reach USD 6.5 Billion by 2027 from USD 4.4 Billion in 2022, at a CAGR of 8.0% from 2022 to 2027. Factors such as the rising proteomics market and increasing public/private funding supporting research and development are responsible for the increasing growth of this market.

"The Column segment to hold the largest share of the market in 2021"

The column holds the largest market share in 2021. The large share of this segment can be attributed to the growing demand for biopharmaceuticals and the increasing use of chromatography methods in food safety applications.

"The Liquid Chromatography segment is projected to register the highest CAGR during the forecast period"

Based on technology, the chromatography accessories and consumables market is segmented into liquid chromatography, gas chromatography and other chromatography technologies. The liquid chromatography segment is projected to register the highest CAGR during the forecast period of 2022 to 2027. Factors such as the increasing use of separation methods in the biotech industry, rising use of chromatography in the oil & gas sector, and drug approval process in pharmaceutical companies, liquid chromatography is witnessing higher CAGR during the forecast.

"The market in Asia Pacific region is expected to witness the highest growth during the forecast period."

Asia Pacific accounted for the largest market share in 2021. This share can be attributed to the increasing outsourcing of drug development by pharmaceutical companies in different countries within the region. The Chromatography accessories and consumables market in the APAC region is expected to register a CAGR of 8.8% during the forecast period, primarily due to the rising investments in the biomedical sector and increasing biosimilars production.

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Reasons to Buy the Report

The report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies for strengthening their market presence.

Research Coverage

This report studies the chromatography accessories and consumables market based on product, technology, end user and region. It also covers the factors affecting market growth, analyzes the various opportunities and challenges in the market, and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micromarkets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five main regions (and the respective countries in these regions).

This release was published on openPR.