The Global Solid Phase Extraction (SPE) Equipment Market Size Is Expected To Grow At A CAGR Of 5.5%.
Market Overview
The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Solid Phase Extraction (SPE) Equipment Market .Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Solid Phase Extraction (SPE) Equipment Market . In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner.Compounds of interest are isolated from complicated matrices using Solid Phase Extraction (SPE) machinery. The apparatus consists of a tank in which the sample and extraction solvent are combined before being run through a column, disc, or well plate that has already been coated with sorbent material. The target compound is selectively bound by the substance, and after being eluted from the column, disc, or plate, it is examined. SPE is a sample preparation method that is frequently employed in the chemical, food, and biological sectors. It is frequently employed to clean samples in preparation for chromatography or mass spectrometry examination. To fulfill the demands of the food and beverage, chemical, semiconductor, and environmental testing industries, as well as biotechnology and biopharmaceutical firms, the solid phase extraction equipment market has seen a number of technological developments. These innovations have paved the way for the creation of automated, computerized, and downsized machinery. The convenience and use of SPE equipment have improved thanks to these technical developments. Future technological developments and more automation are anticipated to fuel the expansion of the market for solid phase extraction equipment.
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Segment Analysis
It encompasses the most important key players in the world’s various regions and contains them. In this research report, several different techniques that high-level industries have utilised to achieve their goals are discussed. In order to obtain a more in-depth analysis of a number of different businesses, player profiles of the most important top players have been developed. It is beneficial to have an understanding of the worldwide competition on both the domestic and international platforms.
It provides a detailed description of the drivers and opportunities in the Solid Phase Extraction (SPE) Equipment Market , which assists current customers and potential customers in gaining a clear vision and making decisions that are most effective for them. In order to discover the desired facts regarding the target market, various types of analysis models, such as Solid Phase Extraction (SPE) Equipment Market , are utilised. In addition to this, it includes a variety of different techniques for strategic planning, which encourages the way to define and develop the framework of the various industries. The market is segmented by type into SPE disk, SPE cartridge, and others. From 2022 to 2030, the CAGR for the SPE disk segment is anticipated to be 5.60%. For sample preparation during solid phase extraction, the SPE disk is utilized. The pharmaceutical industry’s quick expansion, rising laboratory spending, and the widespread use of cutting-edge technology in developing countries are the main factors driving the market growth for SPE discs. The standard setup for solid phase extraction uses cartridges. Each analyte in these cartridges is separated based on various chemical characteristics using a range of stationary phases. Columns and plates are examples of further SPE instrument types. SPE columns are prepackaged SPE products with various types of sorbents and resins used for various SPE applications. The pharmaceutical industry’s quick growth and the high rate of adoption of cutting-edge technology have a significant impact on this segment’s market growth. The demand for ways to reduce analyte-matrix interferences, particularly in the situation of volatile chemicals hitting at low concentrations in complex matrices, is increasing, which is attributed to the growing emphasis on solutions for environmental concerns.
Based on types, the Solid Phase Extraction (SPE) Equipment Market is segmented into:
- SPE Cartridges,
- SPE Disk,
- Well Plate,
Based on application, the Solid Phase Extraction (SPE) Equipment Market is segmented into:
- Chemical,
- Food,
- Biological,
- Others
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Recent Development
New developments Phenomenex Inc. (US) unveiled Strata PFAS in May 2020, a brand-new solid phase extraction (SPE) cartridge designed specifically to remove per- and polyfluorinated compounds (PFAS) from water. A producer of high-purity water, buffers, and liquid cell culture media, Intermountain Life Sciences (US) was purchased by Cytiva (US) in June 2021. Cytiva will quickly increase its production of liquid cell culture by millions of liters with the acquisition by utilizing Intermountain’s manufacturing facility in Logan, Utah. In order to assist scientists in producing credible science, Gilson (US) introduced Gilson Connect in February 2019. Gilson Connect is a cloud-connected platform that supports a series of bluetooth-enabled, smart liquid handling products.
Regional Analysis
The Americas held the greatest market share in 2020 and is anticipated to see a CAGR of 5.60% over the course of the forecast period. Its dominance can be linked to the growth of biotechnology and pharmaceutical firms, improved R&D capacities, concentration of the leading market players, and accessibility of the most up-to-date methods and tools for drug discovery research. The market for solid phase extraction has the potential to grow significantly in Europe over the future years, which can aid in this growth. With important nations like China, India, Japan, the Republic of Korea, and Australia, the Asia-Pacific region is anticipated to develop at the highest CAGR in the market and will maintain this trend during the forecast period. Because of technological limitations and poor target population awareness, the Middle East and Africa make up a lesser portion of the solid phase extraction business.
Regional Solid Phase Extraction (SPE) Equipment Market coverage (Regional Status, Demand Forecast, Country Trends, etc.):
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- North America, Europe, China, Japan, Southeast Asia, India.
- North America (USA, Canada, and Mexico).
- Europe (Germany, France, UK, Russia and, Italy).
- Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).
Key segments covered in Solid Phase Extraction (SPE) Equipment Market include:
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- Solid Phase Extraction (SPE) Equipment Market Growth Drivers and Barriers.
- Market Trends, Market Opportunities, Porter’s Five Forces Analysis.
- Market Overview, Industry Development, Market Maturity, Value Chain Analysis.
- Regional and Country Level Analysis.
- Trends and Forecasts for Market Segments.
- Market Analysis and Various Recommendations.
- Key market forces.
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Key Market Participants in the Solid Phase Extraction (SPE) Equipment Market :
Thermo Fisher Scientific, Avantor Performance Materials, Waters Corporation, Agilent Technologies, S*Pure Pte Ltd
Recent Development
New developments Phenomenex Inc. (US) unveiled Strata PFAS in May 2020, a brand-new solid phase extraction (SPE) cartridge designed specifically to remove per- and polyfluorinated compounds (PFAS) from water. A producer of high-purity water, buffers, and liquid cell culture media, Intermountain Life Sciences (US) was purchased by Cytiva (US) in June 2021. Cytiva will quickly increase its production of liquid cell culture by millions of liters with the acquisition by utilizing Intermountain’s manufacturing facility in Logan, Utah. In order to assist scientists in producing credible science, Gilson (US) introduced Gilson Connect in February 2019. Gilson Connect is a cloud-connected platform that supports a series of bluetooth-enabled, smart liquid handling products.
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