Chromatography System Market Report Includes COVID-19 Analysis, Share, Research, Business Growth and Forecast to 2026

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Japan, Japan, Fri, 25 Dec 2020 05:26:18 / Comserve Inc. / — The global chromatography system market is registered for $ 8.1 billion in 2018 and is anticipated to reach $13.8 billion by 2026, at a CAGR of 6.9%.

The global chromatography system market is registered for $ 8.1 billion in 2018 and is anticipated to reach $13.8 billion by 2026, at a CAGR of 6.9%.

Market Definition:
Chromatography is a separation method and it is an analytical technique for separation of constituents in the mixture. Depending on their different interactions with mobile and stationary phases, the components in the mixture are segregated. This is the most effective complete analytical tool for defining the components in the mixture. The primary kinds of chromatography method are the liquid and gas chromatography techniques.

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Market Drivers:
The global chromatography system market is projected to account for $13.8 billion during forecast period 2026, and growing at a CAGR of 6.9%, this is due to rising importance of chromatography technique. Chromatography market is majorly driven by hospital & research industry and pharmaceutical & biotechnology industry. Hospital & research industry is projected to experience a substantial growth, this is specifically due to the chromatography system usage in cancer cells identification and cancer cure, because it is analytic technique for identifying cancer, these factors enhance the chromatography market growth. Along with chromatography technique is used in pharmaceutical & biotechnology industry to determine compounds purity and functional group analysis. Additionally, this technique is used for air quality monitoring, determination of quality and contaminants in the food industry, these are the key driving factors for the increasing use of chromatography technology in the future time.

Market Restraints:
The price of the chromatography device and required skilled person for the handling of the instrument will hinder the market growth. Less awareness about instrument, uncertain of the results, affordability problems and availability of alternative techniques are also may hamper the market growth.
Market Opportunities:
Increasing the significance of chromatography technology in purification of protein, forensic laboratory and R&D laboratories is projected to enhance the chromatography system market in the coming years. Increasing the R&D investments and new technologies in chromatography technique will further enhance the market growth.
Chromatography System Market, by Type
Gas Chromatography segment is predicted to be most lucrative till the end of 2026

Source: Research Analysis
Chromatography system in global market is classified into type and end-use. The gas chromatography system market accounted for $3.6 billion in 2018 and it is anticipated to continue its dominance during forecast period and expected to reach $6.3 billion. This is majorly driven by rapid growth in the research developments in pharmaceutical & biotechnology industry and quality control in petrochemical industry. Moreover, liquid chromatography market provides remarkable progress in the future timeframe and it is estimated to account for $5.8 billion over forecast period.

Chromatography system Market, by End-Use
Pharmaceutical & Biotechnology segment is will grow at a CAGR of 7.3% during the projected period

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Source: Research Analysis
End-use segment is divided into agricultural & food industry, hospital & research industry, pharmaceutical & biotechnology and others. Hospital & research market is dominated the global chromatography system market, it is anticipated to reach $5.3 billion over forecast period, and is increasing from $3.1 billion in 2018, this is majorly used for treatment and processing for biological samples, diabetes monitoring and detection of catecholamine in urine samples. Along with hospital & research, pharmaceutical industry is anticipated to experience a rapid growth in the coming years, it is projected to account for $5.0 billion by 2026, owing to the pharmaceutical industry expansion.
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Chromatography System Market, by Region:
Asia Pacific region will have enormous opportunities for the market investors to grow over the coming years

The chromatography system market for North America is dominated in 2018, and accounted for $3.1 billion and it is projected to continue its dominance during forecast timeframe. This is majorly due to the investments from government in forensic labs and pharmaceutical & biotechnology drug research and developments.
Whereas the Asia Pacific market is estimated to experience a swift growth during future timeframe. This growth is majorly due to the rapid development in the pharmaceutical industries in China and India.
Key participants in Global Chromatography System Market:
Product development and joint ventures are the most common strategies followed by the market players

Source: Research Dive Analysis
The key participants of chromatography system industry are GE Healthcare, Waters Corporation, Quadrex Corporation JASCO Inc., Bio-Rad Laboratories Inc. PerkinElmer Inc., Novasep Holding, Shimadzu Corporation, GL Sciences Inc., Thermo Fisher Scientific, Pall Corporation and Agilent Technologies Inc. These key participants are majorly concentrating on new technology, regional expansions and R&D improvements in order to increase their market share in the overall industry. Shimadzu is introduced a new device “Nexera UC Prep” in September 2019, for pharmaceutical industry for purification process.

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�??Aspect Particulars
Historical Market Estimations 2016-2018
Base Year for Market Estimation 2018
Forecast timeline for Market Projection 2019-2026
Geographical Scope North America, Europe, Asia-Pacific, LAMEA
Segmentation by Type ? Liquid Chromatography
? Gas Chromatography
? Others
Segmentation by End-Use ? Hospital & Research industries
? Pharmaceutical & Biotechnology
? Agricultural & Food industry
? Others
Key Countries covered U.S., Canada, Germany, France, Spain, Russia, Japan, China, India, South Korea, Australia, Brazil, and Saudi Arabia
Key Companies Profiled ? Agilent Technologies Inc.
? Shimadzu Corporation
? JASCO Inc.
? PerkinElmer Inc.
? Pall Corporation
? Novasep Holding
? GE Healthcare
? Thermo Fisher Scientific
? Waters Corporation
? GL Sciences Inc.
? Bio-Rad Laboratories Inc.
? Quadrex Corporation

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The post Chromatography System Market Report Includes COVID-19 Analysis, Share, Research, Business Growth and Forecast to 2026 appeared first on Comserveonline.

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