Liquid Chromatography instruments Market Booming and Expected to Gain Prominence Share of USD 11,194.4 Million by 2027 at a CAGR of 7.5%

September 18 23:14 2019
Liquid Chromatography instruments Market Booming and Expected to Gain Prominence Share of USD 11,194.4 Million by 2027 at a CAGR of 7.5%

Liquid Chromatography Instruments Market
Liquid Chromatography Instruments Market by Technique (High Performance Liquid Chromatography (HPLC), Ultra High Pressure Liquid Chromatography (UHPLC), Low Pressure Liquid Chromatography (LPLC), Fast Protein Liquid Chromatography (FPLC)), Type (Instruments, Consumables and Services) End User (Pharmaceutical Companies, Academics & Research Institutes, Hospitals, Agriculture Industry) and Regional Forecast till 2023

The “Global Liquid Chromatography Instruments Market is expected to register a CAGR of 7.5% and is anticipated to reach USD 11,194.4 Million by 2027.”

Market Overview

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. The liquid chromatography instruments market is growing mainly due to rising technological advancements.

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

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Liquid Chromatography instruments Market – Competitive Analysis

Here are some of the prominent players at the forefront of competition in the liquid chromatography instruments market and are profiled in MRFR Analysis.

Agilent Technology (US)

Bruker

PerkinElmer (US)

Phenomenex (US)

himadzu Corp (Japan)

Thermo Fisher Scientific Inc. (US)

Waters Corporation (US)

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.

Segments:

The Liquid Chromatography instruments market has been segmented on the basis of technique of as HPLC, UHPLC, LPLC, FPLC and others. HPLC commands the maximum market share while UHPLC is expected to be the fastest growing segment as being relatively new and more advanced technique, much more faster accurate and efficient. Also due to high cost or price of instrument the market is limiting the growth. Similarly on the basis of type the market has been segmented into instruments, consumables, and services. Instruments commands the largest market share due to advances in technologies and increasing need for automation. High cost of these instruments are the major factor restricting the market growth.

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. Pharmaceutical and biotechnology company’s accounts for the largest market share of the global liquid chromatography instrument market this growth is majorly attributed to growing requirement in the life sciences, pharmaceutical and diagnostic industries, and increasing government investments. Increasing government investments in pharmaceutical R&D in emerging nations, increasing life science research and development expenditure, and progressing drug discovery are some of the another factors driving the market growth.

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Global Liquid Chromatography Instruments Market, by Region

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.

Americas

North America

US

Canada

South America

Europe

Western Europe

Germany

France

Italy

Spain

UK

Rest of Western Europe

Eastern Europe

Asia-Pacific

Japan

China

India

Australia

South Korea

Rest of Asia-Pacific

Middle East & Africa

Middle East

Africa

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