Liquid Chromatography instruments Market – Overview
The liquid chromatography instruments market is growing mainly due to rising technological advancements. According to a recent study report published by the Market Research Future, the liquid chromatography instruments market is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a spectacular growth by 2027, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2027).
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Liquid chromatography (LC) is an analytical chromatographic technique that is useful for separating ions or molecules that are dissolved in a solvent. Instrumentation for simple liquid chromatography consists of a column with a fritted bottom that holds a motionless phase in equilibrium with a solvent. Conventional LC is commonly used in preparative scale work to purify and isolate some components of a mixture. It is also used in ultra-trace separations where small disposable columns are used once and then discarded. Analytical separations of solutions for detection or quantification typically use more sophisticated high-performance liquid chromatography (HPLC) instruments. HPLC instruments use a pump to force the mobile phase through and provide higher resolution and faster analysis time.
Notably, rising technological advancements in instrumentation is the primary driver for liquid chromatography instruments market. The chromatography instruments market has witnessed various technological advancements to meet the needs of biotechnology and biopharmaceutical companies; food and beverage, chemical, semiconductor industries; and environmental testing. These advancements have led to the development of miniaturized, automated, and computerized devices.
Some of the key players in this market are: Agilent Technologies, Waters Corporation, Shimadzu Corp, PerkinElmer, Phenomenex, Bruker Corporation and Thermo fisher Scientific Inc.
Liquid Chromatography instruments Market – Competitive Analysis
Agilent Technology (US), Bruker, PerkinElmer (US), Phenomenex (US), Shimadzu Corp (Japan), Thermo Fisher Scientific Inc. (US), Waters Corporation (US), are some of the prominent players at the forefront of competition in the liquid chromatography instruments market and are profiled in MRFR Analysis.
The liquid chromatography instruments market is currently dominated by various players. Due to rising adoption rate of technologically advanced instruments various existing and new marketers are continuously coming up with innovative products to control this condition. The global liquid chromatography instruments market is currently dominated by numerous players.
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Waters corporations is another renowned market player in liquid chromatography instruments market. Waters markets to the laboratory-dependent organization in these market areas including liquid chromatography, mass spectrometry, supercritical fluid chromatography, laboratory informatics, rheometry and microcalorimetry. Product portfolio of company includes ACQUITY UPLC / UHPLC, ACQUITY UPC2, ACQUITY Arc UHPLC, Alliance HPLC, and Detectors. In November, 2016, Waters Corp. Expanded CORTECS Analytical Column Portfolio For LC, with the introduction of two new chemistries: Waters CORTECS T3 and CORTECS Shield RP18. These new CORTECS column chemistries allow scientists to obtain more information per analysis and reduce the cost of analyzing composite samples such as biomarkers, natural products, counterfeit cosmetics, synthetic cannabinoids, veterinary drugs, drinking water, and vitamins.
The Liquid Chromatography instruments market has been segmented on the basis of technique of as HPLC, UHPLC, LPLC, FPLC and others. Similarly on the basis of type the market has been segmented into instruments, consumables, and services. On the basis of end users the market has been classified as pharmaceutical and Biotechnology Company, academic and research institute, hospitals, agriculture industry and others.
Considering the global scenario of the market, Americas region is believed to be the largest market but is getting saturated and matured for Liquid Chromatography instruments techniques. North America Liquid Chromatography market is expected to reach USD 6,281.4 by 2023. Moreover the European market is also growing continuously and slowly catching up with the American market hence is expected to grow faster. The European Liquid Chromatography market is expected to grow at a CAGR of 7.8% during the forecast period. On the other hand, Asia-Pacific Liquid Chromatography market is was valued USD 4,700.0 million in 2015 and is expected to grow at a CAGR 7.7% during the forecast period.
- Global liquid chromatography instrument market is expected to reach US$ 11,194.4 by 2022 at CAGR of 7.5%
- North America commands the largest market share of 57% of global liquid chromatography instrument market and was valued at US$2,693.3billion in 2014, and expected to reach at $6,281.4 billion by 2027 at a CAGR of 5.9%
- Asia Pacific is expected to lead the market further to next 10 years and expected to grow at CAGR of 7.7% through the forecast period.
- European market is expected to be saturated and matured within few years and is expected to show stagnant growth.
Major TOC of Global Liquid Chromatography instruments Market Research Report- Forecast to 2027:
1 REPORT PROLOGUE
2 MARKET INTRODUCTION
3 RESEARCH METHODOLOGY
4 MARKET DYNAMICS
5 MARKET FACTOR ANALYSIS
6 GLOBAL LIQUID CHROMATOGRAPHY INSTRUMENTS MARKET, BY TECHNIQUE
7 GLOBAL LIQUID CHROMATOGRAPHY INSTRUMENT MARKET, BY TYPE
8 GLOBAL LIQUID CHROMATOGRAPHY INSTRUMENT MARKET, BY END USERS
9 GLOBAL LIQUID CHROMATOGRAPHY INSTRUMENT MARKET, BY REGION
10 COMPETITIVE LANDSCAPE
11 COMPANY PROFILES
List of Tables:
Global Liquid Chromatography Instruments Market, By Type From 2014 To 2027, (USD Million)
Global Liquid Chromatography Instruments Market For HPLC, By REGION From 2014 To 2027, (USD Million)
Global Liquid Chromatography Instruments Market For UHPLC, By REGION From 2014 To 2027, (USD Million)
Global Liquid Chromatography Instruments Market For LPLC, By REGION From 2014 To 2027, (USD Million)
Global Liquid Chromatography Instruments Market For FPLC, By REGION From 2014 To 2027, (USD Million)
Global Liquid Chromatography Instrument Market, By Type From 2014 To 2027, (USD Million)
Global Liquid Chromatography Instruments Market For Instruments, By REGION From 2014 To 2027, (USD Million)
Global Liquid Chromatography Instruments Market For Consumable, By REGION From 2014 To 2027, (USD Million)
Global Liquid Chromatography Instruments Market For Services, By REGION From 2014 To 2027, (USD Million)
Global Liquid Chromatography Instrument Market, By End Users From 2014 To 2027, (USD Million)
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Key Questions Answered In This Report:
What will the market size and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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