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High Performance Liquid Chromatography Market Size, Key Players, Industry Insights, Trends And Forecast To 2032
High Performance Liquid Chromatography Market Analysis
The Business Research Company's High Performance Liquid Chromatography Global Market Report 2023 identifies increase in the prevalence of chronic diseases as the major driver for the high performance liquid chromatography market's growth in the forecast period. Chronic diseases such as cancer, heart disease, stroke, diabetes, and arthritis are diseases that often last for a longer time and require more medical attention. High-performance liquid chromatography (HPLC) analyzes any medications in order to validate their identity, provide quantitative data, and track the progress of illness therapy. It may also be utilized to advance the understanding of normal and pathological processes in the human body through biological and therapeutic research prior to medication licensing which in turn is boosting the growth of the market.
The global high performance liquid chromatography market size is expected to grow from $4.32 billion in 2022 to $4.61 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global high performance liquid chromatography market size is expected to reach $5.78 billion in 2027 at a CAGR of 5.8%.
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Major competitors in the high performance liquid chromatography market are Waters Corporation, Thermo Fisher Scientific Inc., Agilent Technologies Inc., Shimadzu Corporation, PerkinElmer Inc.
A key trend in the high performance liquid chromatography market includes technological advancement. Major companies operating in the market are developing advanced HPLC technologies such as integrated high-performance liquid chromatography (HPLC) and ultra-high performance liquid chromatography (UHPLC) capabilities, as well as other HPLC systems that provide dual-injection systems, multidimensional capabilities, and intermediate pressure alternatives, increasing the technique's utility for a wide range of research applications. For instance, in November 2020, PerkinElmer Inc., a US-based company with operations in the areas of food, environmental, industrial, and life science research, introduced the LC 300TM platform with SimplicityChromTM software, which combines cutting-edge capabilities for high-performance liquid chromatography (HPLC) and ultra-high performance liquid chromatography (UHPLC) with user-friendly instrument operation and data analysis. The new solution increases the productivity of labs in various industries that aims to achieve good quality and regulatory objectives and standards by enabling user-friendly operation.
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The high performance liquid chromatography market is segmented -
1) By Product: Instruments, Consumables, Accessories, Software
2) By Application: Clinical Research, Diagnostics, Forensic, Other Applications
3) By End User: Pharmaceutical And Biotechnology Companies, Academic And Research Institutes, Food And Beverage Companies, Hospitals And Clinics, Environmental Agencies, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the high performance liquid chromatography market.
The Business Research Company's "Global High Performance Liquid Chromatography Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The High Performance Liquid Chromatography Market Include:
1. Executive Summary
2. High Performance Liquid Chromatography Market Characteristics
3. High Performance Liquid Chromatography Market Trends And Strategies
4. High Performance Liquid Chromatography Market - Macro Economic Scenario
5. High Performance Liquid Chromatography Market Size And Growth
…..
26. Africa High Performance Liquid Chromatography Market
27. High Performance Liquid Chromatography Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The High Performance Liquid Chromatography Market
29. High Performance Liquid Chromatography Market Future Outlook and Potential Analysis
30. Appendix
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