The global chromatography instruments market was valued at USD 8706 million in 2022 and it is anticipated to grow further till USD 17672.2 million by 2032, at a CAGR of 7.3% during the forecast period.
Chromatography is an analytical technique used to separate and analyze mixtures. The mixtures can be in the form of a gas, liquid, or solid. Chromatography instruments are used to perform this separation by passing the mixture through a stationary phase and a mobile phase. The mobile phase can be either a gas or a liquid, and the stationary phase can be either a solid or a liquid. The separation of the components of the mixture is based on their interactions with the stationary phase and the mobile phase.
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Market Drivers and Trends
The key drivers of the Chromatography Instrument market are the increasing demand for chromatography instruments in the pharmaceutical and biotechnology industry for drug discovery and development, and the increasing demand for chromatography instruments in the food and beverage industry for testing and quality control.
The increasing demand for chromatography instruments in the pharmaceutical and biotechnology industry is driven by the need for efficient and accurate drug discovery and development.
The increasing demand for chromatography instruments in the food and beverage industry is driven by the need for accurate testing and quality control.
Market Restraints and Challenges
The chromatography instruments market is facing certain restraints and challenges which are hampering the market growth.
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Some of these restraints include the high cost of instruments, lack of trained personnel, and stringent regulations.
The key challenge for the chromatography instruments market is to develop cost-effective instruments which can be used for a variety of applications.
Major Players in the Global Chromatography Instruments Market
The key players studied in the report are 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 among others.
COVID-19 Impact
As the scientific community works to comprehend the Sars-CoV-2 virus and create new treatments, vaccines, and diagnostic tools to help in the fight against the Covid-19 pandemic, the COVID-19 pandemic has considerably aided the industry’s growth. This helps the market for chromatography to expand throughout the course of the forecast period.
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Market Segments
By Type
- Gas Chromatography Systems
- Supercritical Fluid Chromatography Systems
- Liquid Chromatography Systems
- Others
By Consumable & Accessory
- Columns
- Autosamplers
- Detectors
- Others
By End-Use
- Life Science
- Academic
- Environmental Agencies
- Others
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