Press release
Rapid Growth of Liquid Chromatography Instruments Market: Predicted Growth, Key Players and Trends
Liquid Chromatography Instruments Market Size
What Is The Projected Market Size Of The Global Liquid Chromatography Instruments Market And Its Growth Rate?
• The liquid chromatography instruments market has been growing robustly in recent years, increasing from $5.45 billion in 2024 to an expected $5.78 billion in 2025. This equals a compound annual growth rate (CAGR) of 6.0%.
• Factors contributing to the growth in the historic period include increase in pharmaceutical and biotechnological research, and increased focus on food safety testing.
• Between 2024 and 2029, the market is projected to grow to $7.47 billion at a CAGR of 6.6%, propelled by an increasing use in metabolomics studies, development of portable instruments, and rising adoption in cannabis* testing.
What Is Driving The Growth In The Liquid Chromatography Instruments Market?
The growth of the liquid chromatography instruments market is being primarily driven by the rise in biotechnological industries. This industry depends heavily on liquid chromatography for various applications, such as purifying peptides and proteins, and isolating nucleic acids. As more experts are entering life sciences research, the demand for liquid chromatography instruments is anticipated to increase. According to the CBRE's report, life sciences research has seen a 79% growth between 2001 and 2021. Also, BDO International survey disclosed that 64% of biotech CFOs plan on increasing R&D spending, further driving the growth of this market.
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Who Are the Key Players Driving Liquid Chromatography Instruments Market Growth?
• PerkinElmer Inc.
• Hitachi High-Tech Corporation
• Waters Corporation
• Bio-Rad Laboratories Inc.
• Agilent Technologies
• Shimadzu Corporation
• AB SCIEX
• Bruker Corporation
• Thermo Fisher Scientific Inc.
• Phenomenex Inc.
What Are The Key Trends In The Liquid Chromatography Instruments Market?
Key market trends include:
• Increasing use of ultra-high performance liquid chromatography
• Advancements in column technologies
• Rising automation
• Miniaturization and microfluidics
• Development of hybrid chromatography systems
• Data management and connectivity
What Are The Segments Of The Global Liquid Chromatography Instruments Market?
• By Type: High Performance Liquid Chromatography (HPLC), Ultra High Pressure Liquid Chromatography (UHPLC), Low Pressure Liquid Chromatography (LPLC), Fast Protein Liquid Chromatography (FPLC)
• By Application: Clinical Diagnostics, Environmental Testing, Food And Beverage Analysis, Forensic Tests, Life Sciences
• By End-User: Academics And Research Institutes, Pharmaceutical Companies, Hospitals, Agriculture Industry, Other End-User
Which Region Leads The Liquid Chromatography Instruments Market?
North America was the largest region in the liquid chromatography instruments market in 2024. Meanwhile, Asia-Pacific is expected to be the fastest-growing region during the forecast period.
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What Is Covered In The Liquid Chromatography Instruments Market Global Market Report?
- Market Size Analysis: Analyze the Liquid Chromatography Instruments Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Liquid Chromatography Instruments Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Liquid Chromatography Instruments Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Liquid Chromatography Instruments Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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