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Global Chromatography Market Insights and Forecast to 2028

10-19-2023 02:48 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Chromatography Market Statistics 2028

The global Chromatography market size is estimated to be worth US$ 11260 million in 2022 and is projected to reach US$ 16090 million by 2028 with a CAGR of 6.1% during the review period. Key drivers of the chromatography market include the wide scale application in the pharmaceutical and biotechnology industry for the drug discovery process. The growing use in the food and beverage sector, environmental agencies, and R&D activities in cancer will propel the growth of the chromatography market during the forecast period. Furthermore, the advancements in gas chromatography will create lucrative opportunities for market expansion in the future.

Trends Influencing The Global Chromatography Market
Large scale adoption in pharmacuetical & biotechnology sector
Chromatography basically involves the separation of different compounds in a mixture. Pharma and biotech companies use it as an analytical tool for testing out drug efficacy and impurities. Liquid chromatography is preferred for establishing the drug's formulation and quantifying the components for tracing contaminants. It also helps in tracing compounds from bodily fluids, urine, and chemical traces from burned substances. These factors will drive the growth of the chromatography market during the forecast period.

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End user application and cancer research

Environmental labs use chromatography techniques to detect pesticides such as DDT in groundwater, PCBs in waste oil, and air quality monitoring. Food and beverage sectors use this process to separate out additives, preservatives, amino acids, proteins, and cancer-causing compounds in food elements. In addition to it, researchers and healthcare professionals are developing chromatographic diagnostic tools for the precise identification of cancerous cells. This in turn will propel the growth of the chromatography market in the coming years.

Rapid advancement in gas chromatology

Gas chromatography is becoming mainstream with potential applications in petrochemical processing, soil analysis, and climate change detection. Minitizuration, portability and on-field sampling are the need of the hour with faster detection and turnaround rates. The prospects are bright thereby having immense potential for the growth of the chromatography market in the future.

Chromatography Market Share Analysis
Based on type, the liquid chromatography segment is expected to provide lucrative opportunities for growth in the chromatography market share due to massive uses in the pharmaceutical industry, medical sciences, drug analysis, environmental sector, etc.

Based on application, the pharmaceutical and biotechnology segment will provide huge scope for growth in the chromatography market share due to separation, analysis of different chemical compounds in drugs through chromatography.

Based on region, North America is expected to dominate in the chromatography market share due to the presence of big players and increasing adoption for drug formulations and research.

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Market Segment By Type
Liquid Chromatography (LC)
Gas Chromatography (GC)
Supercritical Fluid Chromatography (SFC)
Thin Layer Chromatography

Market Segment By Application
Pharmaceutical & Biotechnology Industries
Academics and Research Institutes
Food & Beverage Industries
Hospitals/Clinics
Environmental Agencies
Others

Market Segment By Company
Thermo Fisher Scientific Inc. (U.S.)
Agilent Technologies (U.S.)
Shimadzu Corporation (Japan)
Waters Corporation (U.S.)
PerkinElmer Inc. (U.S.)
GL Sciences Inc. (Japan)
Novasep Holding S.A.S. (France)
Jasco (U.S.)
Bio-Rad Laboratories (U.S.)
Bruker Corporation (U.S.)
Danaher Corporation (U.S.)
G.E Healthcare (U.K.)
Tosoh Corporation (Japan)
Scion Instruments (U.K.)
Metrohm AG (Switzerland)
KNAUER Wissenschaftliche Geräte GmbH (Germany)
Restek Corporation (U.S.)
Macherey-Nagel GmbH & Co KG (Germany)
Hamilton Company (U.S.)

Production By Region
North America
Europe
China
Japan
Consumption By Region
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

SIMILAR REPORT

https://reports.valuates.com/market-reports/QYRE-Auto-14H6121/global-gas-chromatography

https://reports.valuates.com/market-reports/QYRE-Auto-3226/global-high-performance-liquid-chromatography-hplc

https://reports.valuates.com/market-reports/QYRE-Auto-9P9131/global-chromatography-reagents

Valuates Reports
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Website: https://reports.valuates.com
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