Chromatography Columns Market Overview
The Chromatography Columns Market report has valued the industry size at USD 12.5 billion in 2022 and is projected to grow from USD 13.22 Billion in 2023 to USD 18.54 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.80% during the forecast period (2023 – 2030).
Top Drivers and Deterrents
It is anticipated that the chromatography columns market will be thriving at a stunning pace, on account of the dramatic rise in exhaustive research and development activities in the analytical departments related to the biotechnology and pharmaceutical sector. Other factors include the surge in alliances between major research institutes, beverage and food & drug development firms.
The chromatography columns market shall also receive a substantial boost from the rapidly soaring demand for a variety of biopharmaceutical products like monoclonal antibodies & vaccines, GDP and GMP certifications for pharmaceutical excipients, and drug discovery applications. Increasing spending on novel molecules within the nutraceuticals space, and the rampant need for products and devices with international quality standards would further enhance the market share in the following years.
Market Segmentation
The market for chromatography columns has been considered for column type, chromatography type, application, as well as end user.
Depending on column type, the market caters to pre-packed chromatography columns, automated column chromatography, and normal phase chromatography columns. The pre-packed chromatography columns category is on track to attain the top position, in view of this type’s huge demand on accounts of its easy to use and time-saving properties.
With respect to chromatography type, the key segments can be affinity chromatography, ion-exchange chromatography, size exclusion chromatography, gas chromatography, and more.
Major applications listed in the research report are sample preparation, anion and cation exchange, protein purification, desalting, and resin screening.
The end users profiled in the study are food & beverage manufacturers, pharmaceutical biotechnology companies, research institutes, and others. In 2020, the lea was taken by pharmaceutical biotechnology companies, thanks to the extensive deployment of chromatography columns to conduct vigorous R&D activities. Also, massive spending by pharmaceutical and biotechnology firms to create new therapeutics, will also elevate the segment’s position in the years ahead.
Regional Insight
North America, with the biggest portion of the global market, has attained the highest position as a result of the presence of well-known chromatography column developers such as Agilent Technologies, Inc. (US), Bio-Rad Laboratories, Inc. (US), and Thermo Fisher Scientific Inc. (US). Sizeable R&D spending and the fact that majority of the manufacturers are focused on launching new products and solutions with better quality and features, to gain a higher presence in the region facilitates business growth as well.
The chromatography columns market size in Europe is expected to be fostered by the vast pool of renowned players such as Biotage (Sweden), KNAUER WissenschaftlicheGeräte GmbH (Germany), and Merck KGaA (Germany). These companies emphasize on manufacturing new and highly advanced products, while also seeking product approval from regulatory entities to elevate their presence in the region, a factor that should benefit the market in the following years.
Rapidly emerging countries such as India and Japan in APAC have well-established healthcare infrastructure that is steadily improving, backed by government support. Presence of several affluent developers in the region such as Shimadzu Corporation (Japan), and Daicel Corporation (Japan), will also favor the chromatography columns market in the future.
Reputed Firms
Agilent Technologies, Inc. (US), Daicel Corporation (Japan), Shimadzu Corporation (Kyoto), Merck KGaA (Germany), Thermo Fisher Scientific Inc. (US), Biotage (Sweden), Waters (US), KNAUER WissenschaftlicheGeräte GmbH (Germany), PerkinElmer Inc. (US), Bio-Rad Laboratories Inc. (US) are the biggest contenders studied in the chromatography column market outlook report.
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact Us:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
Comments (0)