Chromatography Instruments Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025
Chromatography is a method to separate various compounds from the mixture of sample or natural solution by various chromatographic techniques using chromatography instruments. It involves separation of biomolecules on the basis of size, type, and other attributes that needs stationary phase, mobile phase, and elutants for carrying out the separation procedure. The chromatography instrument comprises of pumps, gels, columns, detectors, and software for the system used among various chromatography types. However it is important to know the sample type for choosing the chromatography instruments. The chromatography can be analytical chromatography which is used in environmental labs and preparative chromatography which is used in pharmaceutical industry. The chromatography instruments has benefits in research due to their ability of separation, analysis, and purification of molecules in an effective manner. The chromatography instruments are used in various industries such as biotechnology, pharmaceuticals, chemical, environmental testing, food and beverages, drug discovery, and semiconductor industries.
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Advantages of chromatography for the new drug development and clinical research field is propelling the growth of chromatography instruments market
According to World Journal of Pharmaceutical Sciences in 2014, over 60% of chemical analysis is done by chromatography globally. The extensive use of chromatography technology is driving the chromatography instruments market. The pharmaceutical companies focus on to reduce the cost of new drug development and improve their selectivity and resolution for their detection that is possible by using advanced chromatography techniques and which aid to drive the growth of the chromatography instruments market. Importance of chromatography in novel drug approvals, new cGMP &cGDP certification for pharmaceutical excipients, rising food safety concerns are among the major factors that are fuelling the growth of chromatography instruments market.. However, the high cost of chromatography instruments, limited availability of this instruments, stringent policies and regulations for usage are the factors hindering the growth of chromatography instruments market. Technological advancements in the analytical instruments, investments in pharmaceuticals and life science research and development, and improvements in clinical and diagnostic are expected to create opportunities in the chromatography instruments market.
Expansion of major chromatography companies in Asia Pacific zone is expected to propel the growth of chromatography instruments market
Regional segmentation of chromatography instruments market by Coherent Market Insights comprises of North America, Latin America, Europe, Africa, Asia Pacific, and Middle East. Increase in number of conferences on chromatography, and some other research and development activities on drugs and biologics are the major factors for domination of North America in chromatography instruments market. Some other factor like increase in government funding for research and development in healthcare sector are also propelling the growth of chromatography instruments market in North America. According to National Healthcare Expenditure by CMS in 2015, the overall share of U.S. healthcare spending has increased from 17.4% in 2014 to 17.8% in 2015. Moreover, facts given by National Institute of Health shows that there is an investment of around U.S. $32.3 billion on healthcare research annually in U.S. Expansion of major chromatographic companies and outsourcing of drug and development services by major pharmaceuticals company in Asia Pacific is expected to drive the growth of chromatography instruments market in this region.
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Companies are focusing on development of technologically advanced products to hold the largest share in the chromatography instruments market
Key industries operating the chromatography instruments market includes 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. Technological advancements and government funding for research and development is helping the new players to invest in the chromatography instrument market. For instance, the advanced temperature programmed micro-chip based gas chromatography by Analytical Pixels Technology SAS is the advancement in chromatography instruments. APIX launched two versions named GCAP for lab use and MAX-ONE for at site assays, this instruments are of small size, gives the result in less time and can be used for isothermal runs also.
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