Meticulous Research®– leading global market research company published a research report titled “Chromatography Consumables Market by Product (Prepacked Columns [Analytical, Preparative], Vials, Tubing), Technology (HPLC, GC, UPLC), End User (Pharma, Biotech, Hospitals, F&B, Oil & Gas, Environmental Agencies) and Geography - Forecast to 2027”. According to this latest publication from Meticulous Research®, the chromatography consumables market is expected to grow at a CAGR of 6.0% from 2020 to 2027 to reach $3.64 billion by 2027. The growing focus and regulations in environmental sciences for pollution control and growing food safety concerns are some of the major drivers for the growth of this market. Further, rising R&D investments in the pharma and biotech industries, increasing collaborations between academia & industry players, technological advancements in analytical techniques also drive market growth.
Chromatography Consumables Market: Future Outlook
The chromatography consumables market study presents, historical market data in terms of values (2018 and 2019), estimated current data (2020) and forecasts it for 2027 – Product (Prepacked Columns [Analytical, Preparative], Vials, Tubing), Technology (HPLC, GC, UPLC), End User (Pharma, Biotech, Hospitals, F&B, Oil & Gas, Environmental Agencies) and Geography. The study also evaluates industry competitors and analyzes their market share at the global and regional levels.
Based on product, the chromatography consumables market is segmented into columns, syringe filters, vials and well plates, fittings and tubing, and other consumables. In 2020, the columns segment is estimated to account for the largest share of the global chromatography consumables market. The wide applications of chromatography across various industries and environmental agencies, advancements in separation and analytical technologies, and improvements in chromatography columns are some of the major factors driving the growth of this segment.
Based on technology, the market is segmented into liquid chromatography, gas chromatography, and other technologies. In 2020, the liquid chromatography segment is estimated to account for the largest share of the market due to technological developments in liquid chromatography methods and growth in biosimilars, generics, and CROs due to the rising need for drug development.
Based on end user, the chromatography consumables market is segmented into academic & research institutes, pharmaceutical and biotechnology organizations, food & beverage organizations, hospitals & clinics, environmental agencies, oil & gas organizations, and other end users. In 2020, the pharmaceutical and biotechnology organizations segment is estimated to account for the largest share of the chromatography consumables market. The large share of this segment is primarily attributed to the increasing production of drug molecules, R&D investments in the pharmaceutical and biopharmaceutical industries, and growing collaborations of pharmaceutical and biotechnology companies with CROs.
This research report analyzes major geographies and provides a comprehensive analysis for North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and RoAPAC), Latin America, and the Middle East & Africa. In 2020, North America is estimated to command the largest share of the chromatography consumables market, followed by Europe and Asia-Pacific. The increasing importance of wastewater treatment, growth in the biotechnology industry, increasing adoption of HPLC due to its high sensitivity and accuracy, high R&D expenditure by biotechnology and pharmaceutical companies, and collaborations between chromatography instrument manufacturers and research institutes are factors contributing to the growth of the market in North America.
The key players operating in the chromatography consumables market are Merck KGaA (Germany), Bio-Rad Laboratories, Inc. (U.S.), Danaher Corporation (U.S.), Hitachi High-Tech Corporation (Japan), Bruker Corporation (U.S.), Agilent Technologies, Inc. (U.S.), Waters Corporation (U.S.), Thermo Fisher Scientific, Inc. (U.S.), PerkinElmer, Inc. (U.S.), and Shimadzu Corporation (Japan).
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