Press release
High Performance Liquid Chromatography (HPLC) Market is Anticipated to Increase at a CAGR of 6% by 2033
High Performance Liquid Chromatography (HPLC) Market
"Apart from primary applications in the manufacturing and pharmaceutical sectors, niche applications of high-performance liquid chromatography in legal drug testing and bio-research verticals will drive market growth opportunities for the foreseeable future," states a study by FACT.MR.
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High Performance Liquid Chromatography (HPLC) Market- Key Takeaways
Consumables for high-performance liquid chromatography (HPLC) processes are crucial to revenue generation, driven by high replacement rates.
Contract research organizations (CROs) are significantly boosting revenues, supported by substantial investments in biomedical research applications.
North America is a leading region for HPLC, bolstered by government investments in research and the presence of major market players.
High Performance Liquid Chromatography (HPLC) Market- Driving Factors
The critical role of HPLC in the drug approval process is a major driver of market growth.
The adoption of alternatives to spectroscopic analysis methods presents lucrative opportunities for market players.
High Performance Liquid Chromatography (HPLC) Market- Key Restraints
The high costs of high-performance liquid chromatography devices hinder their adoption rates.
A shortage of adequately skilled technicians presents a significant challenge for market players.
COVID-19 Impact on High-Performance Liquid Chromatography (HPLC) Market
The coronavirus pandemic has led to significant investments in COVID-19 vaccine development, which requires research on structural biology. This creates potentially lucrative opportunities for players in the high-performance liquid chromatography market. However, restrictions on elective medical services are expected to reduce HPLC applications in the short term, negatively impacting profitability in the coming months.
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Competitive Landscape
Prominent players in the high-performance liquid chromatography (HPLC) market include Phenomax Inc., Bio-Rad Laboratories Inc., Gilson Inc., Thermo Fisher Scientific Inc., PerkinElmer Inc., Agilent Technologies Inc., Shimadzu Corp., Waters Corp., and GE Healthcare.
Leading companies in the HPLC market are heavily invested in product innovation and launches to expand their portfolios and enhance functionality. For instance, GE Healthcare has developed a new HPLC resin for Fc-containing recombinant proteins. Waters Corp has introduced the ARC high-performance liquid chromatograph system for pharmaceutical, food, and material applications. Additionally, Thermo Fisher Scientific has launched the new Vanquish Core HPLC systems for routine laboratory applications.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
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High Performance Liquid Chromatography Industry Research Segmentation
By Product :
Instruments
Consumables
Columns
Filters
Vials
Tubes
Accessories
By End User :
Pharmaceutical & Biotechnology Industries
Diagnostic Laboratories
Food & Beverage Industry
Academic & Research Institutes
Others
By Region :
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
๐๐จ๐ง๐ญ๐๐๐ญ:
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