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| Report Code: A11674 | Nov 2023 | Pages: NA | ||
| Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Ultra-performance Liquid Chromatography Market
Request Now !Ultra-performance liquid chromatography (UPLC) is a novel technology in liquid chromatography-based analysis. It finds its applications in the development of new drugs and also in diagnostics. It is a better chromatography technique, as it offers improved selectivity, resolution, and sensitivity for compound detection in a mixture. UPLC is similar to high-performance liquid chromatography (HPLC), as they are both used to separate the different components found in a mixture. However, UPLC can operate at higher pressures (15,000 psi) and allows lower particle sizes in its columns, while HPLC operates at lower pressure (max < 6,000 psi).
Impact of COVID-19 on Medical Device Market
COVID-19 is an infectious disease that originated in the Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
Increase has been witnessed in the demand for medical supplies to take care of the 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. The need for medical supplies has increased among both healthcare professionals and the civil population for precautionary measures, owing to rise in the number of COVID-19 cases worldwide. Manufacturers of these products have a chance to capitalize on this increased demand for medical supplies to ensure an adequate and continuous supply of personal protective equipment in the market. Therefore, COVID 19 is expected to have a significant impact on the UPLC market.
Top Impacting Factors
Higher accuracy and sensitivity of ultra-performance liquid chromatography (UPLC), increase in acceptance of liquid chromatography techniques, and rise in importance of UPLC tests in drug approvals are some of the factors expected to drive the growth of the UPLC market during the forecast period.
UPLC has applications in clinical research, diagnostics, as well as forensics. In clinical research, it is used to determine the safety and efficacy of treatment regimens and medications. In diagnostics, UPLC is used to analyze disorders related to metabolism while in forensics UPLC is used as a diagnostic tool. Thus, development of these sectors is anticipated to increase the demand for UPLC devices and hence influence the market positively.
However, UPLC instruments comprise advanced technological features; this makes them an expensive product. The applications and costs of the new instruments differ from each other. The new UPLC instruments use capillary columns that help separate compounds such as hydrogen, oxygen, and methane. Other than these factors, the maintenance cost of UPLC instruments is going to impede the market growth.
Key Market Trends
North America is projected to hold a major market share of the UPLC instruments market. ultra-performance liquid chromatography market growth in the North American region is driven by increase in funding by the government for R&D regarding liquid chromatography techniques and a growing number of preclinical activities by pharmaceutical companies.
Asia-Pacific is expected to have the highest growth rate in the market due to factors such as extensive sales of generics and biosimilars in Japan. These products have to be passed through clinical trials where UPLC instruments help immensely. In addition, increase in number of pharmaceutical and biotechnology companies in China and India which need UPLC instruments for drug approvals significantly contributes toward the ultra-performance liquid chromatography market growth.
Some of the key players in the UPLC market are:
Key Benefits of the Report
Questions Answered in the Global Ultra Performance Liquid Chromatography Market Report
Ultra-performance Liquid Chromatography Market Report Highlights
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| Key Market Players | JASCO, Phenomenex Inc., Thermo Fisher Scientific Inc., Gilson, Inc., General Electric Company, Waters Corporation, Bio-Rad Laboratories, Inc., Agilent Technologies, PerkinElmer, Inc., Shimadzu Corporation |
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