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Gas Chromatography Market: Opportunities, Strategies, and Growth Analysis 2024-2033 - Outlook, Overview
Gas Chromatography Market
As per the report, the gas chromatography market size has grown strongly in recent years. It will grow from $2.58 billion in 2023 to $2.78 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The gas chromatography market size is expected to see strong growth in the next few years. It will grow to $3.67 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%.
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Rising Pharmaceutical Industry To Drive Market Growth
Rising demand from the pharmaceutical industry is expected to propel the growth of the gas chromatography market going forward. The pharmaceutical industry refers to the drug discovery, development, and manufacture of active ingredients and medications. Gas chromatography helps the pharma industry by separating and detecting the chemical components of a sample mixture to determine their presence or absence and/or quantities. For instance, According to India Brand Equity Foundation, a Trust established by the Government of India, in 2021, the domestic pharmaceutical market in India was $42 billion and is expected to reach $65 billion by 2024. Therefore, the rising demand from the pharmaceutical industry is driving the gas chromatography market.
Technological Advancements Driving Innovation In Gas Chromatography Market
Technological advancement is a key trend gaining popularity in the gas chromatography market. Major companies operating in the gas chromatography market are advancing in their new technologies and research and development in the gas chromatography market. For instance, in March 2022, Thermo Fisher, a US-based manufacturer of scientific instrumentation, reagents, consumables, and software services introduced the TRACE 1600 Series Gas Chromatograph (GC) facilitating faster maintenance procedures with user-exchangeable injector and detector modules. The TRACE 1610 GC enhances the workflow through its advanced multi-functional touch screen with instrument health monitoring. The TRACE 1600 GC offers minimum interaction with the instrument.
The gas chromatography market covered in this report is segmented -
1) By Instrument: Systems, Auto-Samplers, Faction Collectors, Detectors
2) By Accessories And Consumables: Column, Fittings And Tubing, Auto-Samplers Accessories, Pressure Regulator, Gas Generator
3) By End User: Pharmaceutical And Biotechnology Companies, Academic And Research Institutes, Food And Beverage Companies, Environmental Agencies, Hospitals And Clinics, Other End Users
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Major companies operating in the gas chromatography market report are Agilent Technologies Inc., DANI Instruments S.p.A, Thermo Fisher Scientific Inc., Merck KGaA, Restek Corporation, Shimadzu Corporation, LECO Corporation, PerkinElmer Inc., Danaher Corporation, Chromatotec Inc., General Electric Company, W. R. Grace & Co.-Conn, Yokogawa India Ltd., Siemens AG, Regis Technologies Inc., Illumina Inc., Xylem Inc., GL Sciences Inc., Scion Instruments, Valco Instruments Co. Inc., Centurion Scientific Limited, SRI Instruments GmbH, Skyray Instrument Inc., E ChromTech Co. Ltd., Trajan Scientific and Medical, Falcon Analytical, PT Besha Analitika, Dynamax Inc., ABB Ltd., Interscience Corporation
Contents of the report:
1. Executive Summary
2. Gas Chromatography Market Report Structure
3. Gas Chromatography Market Trends And Strategies
4. Gas Chromatography Market - Macro Economic Scenario
5. Gas Chromatography Market Size And Growth
…..
27. Gas Chromatography Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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