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Chromatography instruments market: Global Opportunity Analysis and Industry Forecast, 2020-2030

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Sep 2021 | 59 Views
   
Author(s) : Onkar Sumant
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COVID-19

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Chromatography instruments market Outlook - 2030

Chromatography is the most essential and well known separation technique which is extensively used across various industries. Chromatography is referred to as a technique that is used for the purification of biomolecules in which the components that are to be separated are distributed between two phases. Among these two phases, one is stationary phase and other is a mobile phase. All types of chromatography systems work on the same principle i.e., separation of sample mixture into stationary phase (solid or liquid supported on solid) and mobile phase (liquid or gas). Over the years chromatography technique and its instrument are being used in the biotechnology and pharmaceutical companies for the development of pure drug molecule. The instruments that are utilized in the chromatography have benefitted the researches due to their ability to separate, analyse and purify a molecule in an efficient and effective manner. These chromatography instrumentation techniques are used in various application areas such as pharmaceutical, biotechnology, food production, diagnostics, genetic engineering, and drug discovery and water analysis.

Market scope and structural analysis:

Report Metric

Details

 Market size available for years

 2020-2030

 Base year considered

 2020

 Forecast period

 2021–2030

 Forecast units

 Value (USD)

 Segments covered

 Type, application, End-users and Region

 Geographies covered

 North America, Europe, Asia-Pacific, LAMEA

 Companies covered

Agilent technologies, Thermo- Fisher Scientific incorporated, PerkinElmer Incorporated, Shimadzu Corporation, Novasep Holdings S.A.S., PALL corporation, Jasco Incorporated, GL Sciences Incorporated, Phenomenex Inc., and Waters corporation.

 

Covid-19 Scenario analysis:

There has been an increase in the demand for medical supplies to take care of infected population. Respiratory support devices such as atomizers, life-support machines, oxygen generators, and monitors are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. There is an increase in the need for medical supplies, both from healthcare professionals and civil population for precautionary measures, owing to the rise in number of COVID-19 cases worldwide. Manufacturers of these products have a chance to capitalize this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market. Therefore, COVID 19 is expected to have a significant impact on the chromatography instruments market.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact analysis:

Drivers:

The extensive use of chromatography technology is driving the chromatography instruments market. The pharmaceutical companies focus on to reduce the cost of new drug development and improve their selectivity and resolution for their detection that is possible by using advanced chromatography techniques and which aid to drive the growth of the chromatography instruments market.

Importance of chromatography in novel drug approvals, new cGMP & cGDP certification for pharmaceutical excipients, rising food safety concerns are among the major factors that are fuelling the growth of chromatography instruments market.

LC-MS and GC-MS are among the widely accepted analytical techniques in the drug approval processes for the separation, purification, and analysis of raw materials, active pharmaceutical ingredients (APIs), and excipients. The current good manufacturing practice (CGMP) regulations mandate that all components (ingredients or raw materials) should be tested before they are released for use in the manufacturing or preparation of drug products. For the testing of drug products, chromatography procedures are selected based on parameters such as accuracy, detection limit, quantitation limit, linearity, precision, range, robustness, and specificity/selectivity.

Technological advancements riding the industry:

Technological advancements have enabled the use of chromatography and chromatography/mass spectrometry instruments to test the identity, strength, purity, quality, and potency of a drug product. Such data is required by the Food and Drug Administration (FDA) for the approval of drugs. A large percentage of drug product applications submitted to the FDA is based on chromatography and GMP regulations. FDA accepts chromatography results as valid criteria for ascertaining the quality standard of drugs. Owing to this, chromatography instrument providers are focusing on launching products that fulfil regulatory as well as technological requirements.

Restrains:

However, the high cost of chromatography instruments, limited availability of this instruments, stringent policies and regulations for usage are the factors hindering the growth of chromatography instruments market. Technological advancements in the analytical instruments, investments in pharmaceuticals and life science research and development, and improvements in clinical and diagnostic are expected to create opportunities in the chromatography instruments market. 

Regional analysis:

North America accounts for the largest share of the chromatography instrumentation market followed by the European region. The dominance of these regions in this market is seen due to growing government investments and funding for research. Further, augmented research and development activities of drugs and biologics and increasing number of conferences on chromatography are some of the key drivers of this industry. In the near future the US market is expected to decline its market share owing to the market maturity. Asia-Pacific region is expected to show healthy growth in the near future due to expansion of chromatography companies in the regions of India, China, Japan, Singapore and Vietnam.               

Key segments covered:

Segments

Sub-segments

 Type

  • Gas chromatography system
  • Ion Exchange chromatography
  • Affinity Chromatography
  • Super critical fluid chromatography
  • Column chromatography
  • Liquid chromatography system
  • High pressure liquid chromatography
  • Ultra-high pressure liquid chromatography
  • Low pressure liquid chromatography
  • Others

 Application

  • Life Science
  • Environment Testing
  • Food & Beverage Testing
  • Other Applications

 End Users

  • Biotechnology and pharmaceutical industries
  • Hospitals
  • Research laboratories
  • Others


Key benefits of the report:

  • This study presents the analytical depiction of the global chromatography instruments industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global chromatography instruments market share.
  • The current market is quantitatively analyzed from 2021 to 2030 to highlight the global chromatography instruments market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global chromatography instruments market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Chromatography instrument Market research report:

  • What are the leading market players active in the chromatography instrument market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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