The report “Chromatography Instruments Market by Type (Systems, Detectors), Consumables (Columns) and Accessories (Auto-sampler Accessories), Applications (Life science Research, Environmental Testing, Food & Beverage Testing), and Region – Global Forecast to 2022″, The chromatography instruments market is expected to reach USD 10.99 Billion by 2022 from an estimated USD 7.86 Billion in 2017, at a CAGR of 6.9%.
Browse 160 Market Data Tables and 40 Figures spread through 245 Pages and in-depth TOC on “Chromatography Instruments Market“.
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Chromatography is versatile analytical technique used to separate a mixture into its individual components. Thus, chromatography is extensively used by pharmaceutical and biotechnology companies in drug discovery and development, in environment and food & beverage testing, and among others. Depending on the sample to be analyzed, liquid chromatography (LC), gas chromatography (GC), supercritical fluid chromatography (SFC), and thin-layer chromatography (TLC) techniques are predominantly used.
Growth in the chromatography instruments market is likely to be centered in the Asia-Pacific region. Growth in Asia-Pacific can be attributed to government investments in biomedical industry in China, strategic expansions of chromatography players in China, increasing focus on soil testing in India, food security concerns in India, and presence of bioclusters in India and China.
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The key industry players like Bruker Corporation (U.S.), Thermo Fisher Scientific, Inc. (U.S.), and Shimadzu Corporation (Japan) are establishing their presence in China by establishing new facilities, R&D centers, and innovation centers in the country. Apart from this, the government investment in the Chinese biomedical industry that comprises biological drugs, medical equipment & materials, and bioagriculture has propelled the market for chromatography instrumentation.
In addition, the development of innovation cluster named BioBay (China) that is focused on increasing R&D activities among emerging biological and nanotechnology companies is bolstering the market for chromatography instrumentation in China.