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Key Trends Influencing the Growth of the High-Performance Liquid Chromatography Market in 2025: Waters Corporation Launches Advanced HPLC System For Enhanced Biopharma QC Efficiency
High-Performance Liquid Chromatography Market
What Is the Expected CAGR for the High-Performance Liquid Chromatography Market Through 2025?
The market for high-performance liquid chromatography has been experiencing solid growth over the previous years. Its size is anticipated to increase from $6.28 billion in 2024 to $6.79 billion in 2025, showing a compound annual growth rate (CAGR) of 8.0%. The notable growth during the historical period has been due to factors such as escalation in pharmaceutical research, increased analysis in food and beverage sector, a surge in demand from environmental testing, incremented usage in clinical diagnostics, along with expansion in research and development.
What's the Projected Size of the Global High-Performance Liquid Chromatography Market by 2029?
In the coming years, there is an anticipation for a swift expansion in the market size for high-performance liquid chromatography, with a projection to reach $10.59 billion by 2029. This is at a CAGR of 11.8%. This expected upliftment in the forecast period is because of the surge in drug safety and quality assurance, higher demand in precision medicine, the expansion of cannabis* testing, a boost in environmental monitoring, and a rise in method development. Key trends in the forecast period comprise advanced detectors, increased throughput hplc, green and sustainable hplc, enhanced uhplc adoption, as well as lc-ms integration.
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Top Growth Drivers in the High-Performance Liquid Chromatography Industry: What's Accelerating the Market?
The surge in chronic diseases is slated to stimulate the high-performance liquid chromatography market's expansion. Chronic ailments like cancer, heart disease, stroke, diabetes, and arthritis usually endure for extended periods and necessitate increased medical intervention. High-performance liquid chromatography (HPLC) examines medications to authenticate their identification, offer quantitative information, and monitor the evolution of illness treatment. This method can also contribute to the comprehension of regular and pathological processes within the human body via biological and therapeutic research preceding drug licensing, which indirectly propels market growth. For example, in 2022, the American Cancer Society, a US voluntary organization, predicted around 1.9 million newly diagnosed cancer cases and 609,360 cancer-related deaths in the US. Consequently, this rampant increase in chronic diseases is fueling the expansion of the high-performance liquid chromatography market.
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What Trends Will Shape the High-Performance Liquid Chromatography Market Through 2029 and Beyond?
The leading firms that operate within this market are developing cutting-edge HPLC technologies such as integrated high-performance liquid chromatography which are utilized in a wide spectrum of research applications. A case in point, in April 2024, Waters Corporation, an American life sciences enterprise, introduced Alliance iS Bio. This system, specifically constructed for biopharmaceutical applications, ensures the precise and trustworthy separation of intricate biological molecules. Incorporated smart technology helps QC analysts by reducing operational blunders and heightening system performance. The system lowers up to 40% of prevalent errors, thereby reducing the time spent on examining unsuccessful runs and out-of-spec outcomes. By augmenting workflow effectiveness, the system can deliver quicker and more precise results in biopharma quality control procedures.
What Are the Main Segments in the High-Performance Liquid Chromatography Market?
The high-performance liquid chromatography market covered in this report is segmented -
1) By Product: Instruments, Consumables, Accessories
2) By Application: Clinical Research, Diagnostics, Forensic, Other Applications
3) By End-User: Pharmaceutical And Biotechnology Industries, Diagnostic Laboratories, Food And Beverage Industry, Academic And Research Institutes, Other End-Users
Subsegments:
1) By Instruments: HPLC Systems, Ultra-High Performance Liquid Chromatography (UHPLC) Systems, Automated HPLC Systems
2) By Consumables: Columns, Mobile Phases, Sample Vials And Inserts
3) By Accessories: Detectors, Pumps And Flow Control Devices, Software And Data Analysis Tools.
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Which Top Companies are Driving Growth in the High-Performance Liquid Chromatography Market?
Major companies operating in the high-performance liquid chromatography market include Waters Corporation, Agilent Technologies Inc., Shimadzu Corporation, Thermo Fisher Scientific Inc., PerkinElmer Inc., Bio-Rad Laboratories Inc., Merck Millipore, Hitachi Ltd., Phenomenex Inc., JASCO Corporation, Gilson Inc., Knauer GmbH, SIELC Technologies, Tosoh Bioscience LLC, YMC Co. Ltd., GL Sciences Inc., Sepax Technologies Inc., Restek Corporation, Hamilton Company, ACE HPLC Columns, Advanced Chromatography Technologies Ltd., Analytical Sales and Services Inc., Chromatography Research Supplies Inc., Daicel Corporation, Eksigent Technologies LLC, Hichrom Limited
Which Regions Will Dominate the High-Performance Liquid Chromatography Market Through 2029?
North America was the largest region in the high-performance liquid chromatography market analysis in 2024. Asia-Pacific is expected to be the fastest-growing region in the global high performance liquid chromatography market during the forecast period. The regions covered in the high-performance liquid chromatography market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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