Albany, NY -- (SBWire) -- 12/08/2016 --The report, titled 'Global Chromatography Market 2016-2020,' is available for sale on the official website of MarketResearchReports.biz. According to the report, the global chromatography market is anticipated to exhibit a CAGR of 5.42% from 2016 to 2020, driven by a growing number of pharmaceutical and biotechnology industries.
The report is a comprehensive analysis of the industry and answers key questions regarding factors affecting the growth in a negative manner and also those growth drivers that are aiding the development of the chromatography market. The study estimates the market size and forecast from the period of 2016 to 2020, taking into account historical market values. The report studies the industry both on the global and regional scale, studying different regions such as North America, Asia Pacific, Europe, and the Rest of the World.
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The global chromatography market is driven by the growing significance of chromatography tests for drug approvals. The extended help from various government bodies in the form of funds, grants, and investments, which in turn has accelerated the use of chromatographic techniques. It is expected that within the coming years there will be a rise in the number of tie-ups with academic institutes and research laboratories, which will boost research and help in the growth of the market.
Factors such as new product launches, technological advancements, and a growing number of conferences related to chromatography technologies will boost the demand for these devices. Moreover, various research activities, which are taking place in the field of proteomics, medicine, genomics, and metabolomics are expected to drive the use of chromatography instruments. Chromatography instrumentation techniques are used in other application areas such as food production, drug discovery, diagnostics, genetic engineering, and water analysis, thus fueling demand.
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On the basis of end user, the global chromatography market is segmented into life science, research, and others. According to the report, the life science segment led in the past and will continue to do so in the coming years owing to a rise in funding in the pharmaceutical and biotechnology sectors. On the basis of technology, the market is segmented into ion-exchange chromatography, liquid chromatography, and gas chromatography. Of these, the liquid chromatography segment made the highest contribution to the revenue in 2015 and is expected to lead in terms of revenue generation through 2020. The high use of high performance liquid chromatography (HPLC) and ultra-high performance liquid chromatography (UHPLC) systems by research academics and biopharmaceutical companies.
Key players operating in the global chromatography market are Agilent Technologies, Dickinson and Company, ZirChrom Separations, Bio-Rad Laboratories, Regis Technologies, VWR International, Shimadzu Corporation, Thermo Fisher Scientific, Helena Laboratories, Becton, Repligen, Tosoh Corporation, Pall Corporation, Phenomenex, Perkin Elmer, Waters Corporation, and W.R Grace and Co.
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Global Chromatography Market: Growing Significance of Chromatography Tests for Drug Approvals to Drive Demand
MarketResearchReports.Biz has announced addition of new report “Global Chromatography Market 2016-2020” to its database.