The Liquid Chromatography Instruments by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Liquid Chromatography Instruments , The liquid chromatography instruments market size has grown strongly in recent years. It will grow from $5.19 billion in 2023 to $5.55 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to rise in pharmaceutical and biotechnology research, increased focus on food safety testing, growing applications in environmental monitoring, government investments in research infrastructure, globalization of the chemical industry.
The liquid chromatography instruments market size is expected to see strong growth in the next few years. It will grow to $7.18 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increased utilization in metabolomics studies, development of compact and portable instruments, regulatory compliance in pharmaceuticals, rising adoption in cannabis testing, focus on precision medicine and personalized therapeutics.. Major trends in the forecast period include ultra-high performance liquid chromatography, advancements in column technologies, increasing automation, miniaturization and microfluidics, hybrid chromatography systems, data management and connectivity.
An increase in life science and biotechnological industries is expected to propel the growth of the liquid chromatography instruments market going forward. In the life science and biotechnological industries, liquid chromatography is commonly employed, in which biochemists use it to purify peptides and proteins, while molecular biologists use it to isolate nucleic acids, oligonucleotides, and plasmids. For example, reverse-phase HPLC is utilized for the majority of biological samples, whereas, a polar mobile phase and a polar stationary phase are used in reverse-phase HPLC. For instance, in June 2022, according to the CBRE’s report, a US-based real estate services, and investment firm, more experts are involved in life sciences research than ever before. This category grew 79% between 2001 and 2021, compared to 8% for all jobs in the United States. Additionally, according to the BDO International survey in 2021, a US-based accounting firm, 64% of biotech CFOs are planning to increase R&D spending this year. Therefore, the increase in life science and biotechnological industries will drive the growth of the liquid chromatography instruments market.
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The liquid chromatography instruments market covered in this report is segmented –
1) By Type: High Performance Liquid Chromatography (HPLC), Ultra High Pressure Liquid Chromatography (UHPLC), Low Pressure Liquid Chromatography (LPLC), Fast Protein Liquid Chromatography (FPLC)
2) By Application: Clinical Diagnostics, Environmental Testing, Food And Beverage Analysis, Forensic Tests, Life Sciences
3) By End-User: Academics And Research Institutes, Pharmaceutical Companies, Hospitals, Agriculture Industry, Other End-User
Technological advancement is a key trend gaining popularity in the liquid chromatography instruments market. Major companies operating in the market are focused on research and development for product innovations to sustain their position in the market. For instance, in June 2021, Waters Corporation, a US-based analytical laboratory instrument and software company, introduced the Waters Arc Premier System, a new liquid chromatography system with HPS technology. The Waters Arc Premier System is the liquid chromatography system tailored for chromatographic separations on 2.5–3.5 m columns, and it also includes Waters’ innovative MaxPeak High-Performance Surface (HPS) technology. The innovative method works in tandem with Waters’ best-selling MaxPeak Premier Columns to practically eliminate surface contacts between sample analytes and instrument and column hardware, saving laboratories time spent on costly passivation and delivering better confidence in separation results
The liquid chromatography instruments market report table of contents includes:
1. Executive Summary
2. Liquid Chromatography Instruments Market Characteristics
3. Liquid Chromatography Instruments Market Trends And Strategies
4. Liquid Chromatography Instruments Market – Macro Economic Scenario
5. Global Liquid Chromatography Instruments Market Size and Growth
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26. South America Liquid Chromatography Instruments Market
27. Brazil Liquid Chromatography Instruments Market
28. Middle East Liquid Chromatography Instruments Market
29. Africa Liquid Chromatography Instruments Market
30. Liquid Chromatography Instruments Market Competitive Landscape And Company Profiles
Top Major Players:
- Japan Spectroscopic Corporation
- PerkinElmer Inc
- Hitachi High-Tech Corporation
- Waters Corporation
- Bio-Rad Laboratories Inc
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