This report on global high-performance liquid chromatography studies the market in terms of products. The rising prevalence of chronic diseases such as cardiovascular complications, diabetes, asthma, etc., require effective drug formulation for their treatment. Diverse applications of HPLC in clinical and forensic research, drug discovery and development, and the extraction of biomolecules propel deep market penetration for HPLC. High-performance liquid chromatography is preferred over other analytical tools due to its speed, efficiency, sensitivity, resolution, and accuracy during the investigation of a sample. The limiting factors related to this market are the frequent replacement of the components employed in high-performance liquid chromatography, such as columns, filters, detectors, etc., and the high initial installation cost.
For the purpose of this study, the various products studied include instruments, consumables, and accessories. Instruments are further classified as detectors, pumps, and fraction collectors. Consumables are further categorized as columns, filters, vials, and tubes. Market size estimates and forecasts for these segments are provided in US$ Mn, along with the respective CAGRs for the period 2017-2025, using 2016 as the base year.The geographic segmentation of the global high-performance liquid chromatography market is performed for the regions of North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Market size estimates and forecasts for these segments are provided in US$ Mn, along with the respective CAGRs for the period 2017-2025, using 2016 as the base year. Further cross-sectional information in terms of product and application types is also provided in the study for individual countries and regional markets.
This report also includes qualitative assessment factors such as market dynamics (drivers, restraints, and opportunities) to have a good understanding of the current and anticipated trends in the global high-performance liquid chromatography market. Market attractiveness assessment, Porter’s five forces model, and competitive landscape analysis by key players are also presented in the study. Furthermore, this report concludes with a profile of key market players currently enjoying prominent positions in the global high-performance liquid chromatography market. The major players in the global high-performance liquid chromatography market are Agilent Technologies, Bio-Rad Laboratories, Inc., GE Healthcare, Gilson, Inc., JASCO, Inc., PerkinElmer, Inc., Phenomenex, Inc., Shimadzu Corporation, Thermo Fisher Scientific, Inc., and Waters Corporation.
Based on product, the global high-performance liquid chromatography market is categorized into:
Instruments
Detectors
Pumps
Fraction Collectors
Consumables
Columns
Filters
Vials
Tubes
Accessories
The high-performance liquid chromatography market is driven by key factors such as the rising prevalence of chronic diseases such as cardiovascular diseases, diabetes, bronchitis, rheumatoid arthritis, etc., which demand better drug formulation to achieve effective therapeutic drug concentration. Manufacturers involved in the manufacturing of high-performance liquid chromatography are constantly striving to achieve value addition to the HPLC components, such as technical modifications in the sample injection port, chemical modifications in the extraction columns, and sample detectors. Currently, instruments hold the largest market share due to key drivers such as their diverse application in several domains such as clinical research, the investigation of novel drug moieties during chemical synthesis, forensic science, etc. Additionally, high-performance liquid chromatography finds huge applications in the food and beverage industry for quality control and in the biotechnology industry for the separation of similar molecules.
Consumables show a promising sales forecast and will be the fastest growing market, mostly due to factors such as technological advancement in the columns used for the separation of chiral compounds and the production of columns with uniform porosity and more mesopores than current column packing that enhance the separation of biomolecules. In-line filters and guard columns are used tremendously as they prevent the particles under investigation from system wear and chemical contamination, ultimately extending the life of HPLC components. The major players in the high-performance liquid chromatography market are Agilent Technologies, Bio-Rad Laboratories, Inc., GE Healthcare, Gilson, Inc., JASCO, Inc., PerkinElmer, Inc., Phenomenex, Inc., Shimadzu Corporation, Thermo Fisher Scientific, Inc., and Waters Corporation.
For the purpose of this study, the global high-performance liquid chromatography market is categorized into the following regional and country-specific markets:
North America
U.S.
Canada
Europe
U.K.
Germany
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Brazil
Mexico
rest of Latin America
Middle East and Africa
GCC
Rest of the Middle East and Africa
In 2016, North America was identified as the largest high-performance liquid chromatography market. The dominance of North America is mainly attributed to the presence of key drivers such as stringent regulatory norms sanctioned by the USFDA to ensure food and drug quality, the existence of well-developed government-aided research centers pioneering in drug discovery and development, and the presence of major players manufacturing high-performance liquid chromatography products. The market growth in Europe is mainly attributed to the increase in the geriatric population suffering from chronic diseases requiring effective drug treatment regimens and a supportive regulatory environment for high-performance liquid chromatography.
Asia Pacific is observed to be the fastest-growing regional segment throughout the forecast period of 2017–2025. Factors that are anticipated to propel market growth in Asia Pacific are increasing research activities to launch novel drug formulations, rising government spending to harness the performance of R&D activities, and a competitive market due to the presence of existing and budding manufacturers involved in the production of high-performance liquid chromatography. Moreover, factors such as rising public health awareness and business expansion activity by major players in untapped markets are going to fuel the rapid growth of the high-performance liquid chromatography market in developing and underdeveloped countries.
Frequently Asked Question:
The market for High Performance Liquid Chromatography Market is expected to reach USD$ 5,104.7 Mn in 2025.
The High Performance Liquid Chromatography Market is expected to see significant CAGR growth over the coming years, at 5.17 %.
The report is forecasted to 2017-2025.
The base year of this report is 2016.
Agilent Technologies, Bio-Rad Laboratories, Inc., GE Healthcare, Gilson, Inc., JASCO, Inc., PerkinElmer, Inc., Phenomenex, Inc. are some of the major players in the global market.
