High-performance Liquid Chromatography Market to be Worth $7.9 Billion by 2030

 Meticulous Research®, a prominent market research firm, released a report titled, ‘High-performance Liquid Chromatography (HPLC) Market by Product (System, Column, Reagents, Syringe Filter, Tubing, Detector, Pump, Fraction Collector, Software) End User (Pharmaceutical, Food & Beverage, Academic & Research) - Global Forecast to 2030.’

Meticulous Research® has recently published a report indicating that the high-performance liquid chromatography (HPLC) market is expected to reach $7.9 billion by 2030, growing at a CAGR of 5.2% from 2023 to 2030. The market's expansion is fuelled by increased R&D investments in the pharmaceutical and biotechnology sectors, technological advancements in HPLC, heightened food safety concerns, and strict environmental regulations. However, the substantial cost of HPLC instruments significantly hampers market growth.

Emerging economies and the establishment of bio-clusters to promote research present opportunities for market expansion. Nevertheless, the shortage of skilled HPLC professionals and the growing use of refurbished HPLC instruments pose significant challenges to the market's growth.

Key Players

Major companies in the HPLC market include Waters Corporation (U.S.), Shimadzu Corporation (Japan), Danaher Corporation (U.S.), Bruker Corporation (U.S.), Merck KGaA (Germany), Agilent Technologies, Inc. (U.S.), PerkinElmer, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Sartorius AG (Germany), Gilson, Inc. (U.S.), Tosoh Corporation (Japan), Hitachi, Ltd. (Japan), and JASCO Corporation (Japan).

The HPLC market is categorized by Product (HPLC Systems, Consumables {Columns [Pre-Packed Columns, Empty Columns], Reagents & Buffers, Vials, Fittings & Tubings, Syringe Filters, Well Plates, Other Consumables}, Components & Accessories {Detectors & Lamps, Pumps, Fraction Collectors, Other Components & Accessories}, and Software & Service); End User (Pharmaceutical & Biopharmaceutical Companies, Academic & Research Institutes, Food & Beverage Companies, Environmental Testing Laboratories, Hospitals & Clinics, Oil & Gas Industries, Other End Users); and Geography. The report also assesses industry competitors and analyzes regional and country-level markets.

Based on product, in 2023, the HPLC systems segment is projected to hold the largest share of the HPLC market. This dominance is due to the widespread use of HPLC systems for separating molecules in various applications, including analyzing impurities in medications, monitoring pollutant levels in water and soil, and determining the composition of ingredients in food and beverages. Additionally, the high prices of chromatography instruments contribute to the overall market revenue.

Based on end user, in 2023, the pharmaceutical and biotechnology companies segment is expected to hold the largest share of the HPLC market. This is driven by the constant pressure on these companies to introduce innovative therapies, leading to substantial R&D investments and an increase in the number of molecules in the clinical pipeline. Additionally, the extensive use of HPLC in drug development for the effective separation, quantification, and identification of various components further boosts its adoption in the pharmaceutical and biotechnology sectors.

Based on geography, The Asia-Pacific region is expected to experience the highest growth rate during the forecast period. This growth is driven by several factors, including advancements in research infrastructure, increased investments in the pharmaceutical industry, and the rise of biotechnology hubs in countries like South Korea and Singapore.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5395

Key questions answered in the report:

·  Which market segments are experiencing high growth in terms of product, end user, and country/region?

·  What has been the historical global market for HPLC?

·  What are the projected market forecasts and estimations for the period spanning from 2023 to 2030?

·  What are the primary factors influencing, limiting, presenting opportunities, and posing challenges in the global HPLC market?

·  Which companies are the key players in the global HPLC market?

·  What does the competitive landscape look like, and which companies are leading the global HPLC market?

·  What are the latest advancements or updates observed in the HPLC market?

·  What strategies have the major players in the HPLC market implemented?

·  What are the trends in different geographic regions and which regions or countries are experiencing high growth?

Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

Comments

Post a Comment

Popular posts from this blog

The Power Players: 15 Influencing Micro-mobility Market Growth

  The newly published research report on   Micro-mobility Market Report   provides an in-depth comprehension of a rapidly growing market. It offers an extensive market outlook, covering all the major aspects such as Micro-mobility market share, size, trends, projected growth rate, and sales channels. Also, it examines the challenges, opportunities, and prospects for the market. An in-depth analysis of all the major market segments and regions has been provided in the report. Pictorial representations such as tables, graphs, and charts have also been used to help readers comprehend the information easily. Both quantitative and qualitative research methodologies have been used in the study to provide an in-depth market comprehension. It covers crucial information on supply chain challenges and how businesses can deal with them. The research report is a vital resource for stakeholders, investors, and anyone looking to develop effective marketing strategies and stay ahead of ...
Read more

Europe EV Battery Market - Opportunity Analysis And Industry Forecast (2022-2029)

  Meticulous Research®, a prominent market research firm, released a report titled " Europe EV Batteries Market  by Type (Li-ion, Ni-MH, SLA, Ultracapacitors, Solid-state Batteries), Capacity (<50 kWh, 51-100 kWh, 101-300 kWh, >300 kWh), Bonding Type (Wire, Laser), Form, Application, End User, and Country - Forecast to 2029" . The European EV battery market is projected to expand at a compound annual growth rate (CAGR) of 45.8% from 2022, reaching $94.41 billion by 2029 . This growth is primarily fueled by the rising global adoption of electric vehicles, falling battery prices, and the increasing localization of battery production. Additionally, the expanding use of battery-as-a-service presents lucrative growth opportunities for market participants. However, the market's growth may be somewhat hindered by a potential shortage in lithium mining capacity. Additionally, safety concerns related to EV batteries pose a significant challenge to the expansion of t...
Read more

Ventilators Market to be Worth $13.23 Billion by 2031

  Meticulous Research®, a prominent market research firm, released a report titled, ‘ Ventilators Market by Product (Instrument, Catheter, Mask, Tube) Mobility (Intensive Care, Portable) Interface (Invasive, Non-invasive) Age Group (Adult, Neonatal) Mode (Volume, Pressure, Dual) End User (Hospital, ASC, Home Care) – Global Forecast to 2031’. Meticulous Research® predicts that the ventilators market will expand to $13.23 billion by 2031 , growing at a compound annual growth rate (CAGR) of 8.3% between 2024 and 2031. This growth is fuelled by several factors, including the increased availability of intensive care units (ICUs) and ICU beds, higher rates of respiratory diseases, urbanization leading to increased pollution, a growing elderly population, and more instances of preterm births. Nonetheless, obstacles such as the expensive nature of ventilators and the preference for alternative oxygenation therapies hinder market advancement. Rising demand for therapeutic devices for ho...
Read more