Market Analysis: Global Liquid Chromatography Devices Market
The liquid chromatography devices market accounted to USD 5.1 billion in 2016 growing at a CAGR of 6.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Liquid Chromatography Devices Market
Liquid chromatography devices are used in analytical chemistry for separation, identification and quantification of components in a mixture. The pressurized liquid solvent is passed through the mixture using a pump to separate the components. Liquid chromatography devices are used in manufacturing process of pharmaceutical and biological products, detection of performance of drugs, research laboratories and for medical applications.
Major market drivers and restraints:
- Increasing investments in R&D by the companies
- Advantages of liquid chromatography in providing accurate results
- Increasing awareness and importance of liquid chromatography tests in various drug approvals
- High initial investments
- Extensive requirements to develop equipments generating pressure above 20,000 PSI
Market Segmentation: Global Liquid Chromatography Devices Market
By Type the market for liquid chromatography devices is segmented into normal-phase liquid chromatography, reversed-phase liquid chromatography, ion exchange chromatography, size exclusion liquid chromatography.
By application the liquid chromatography devices market is segmented into biomedical analysis, food product analysis, oils and fats analysis, others. On the basis of end-users the liquid chromatography devices market is segmented into Research Laboratories, Diagnostics Centers, Forensic, Others. Research laboratories are further segments into clinical research laboratories, food safety laboratories.
On the basis of geography, liquid chromatography devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, andBrazil among others. In 2017, North America is expected to dominate the market.
Competitive Analysis: Global Liquid Chromatography Devices Market
The liquid chromatography devices market is highly fragmented and is based on new product launches. Hence the major players have used various strategies such as new product launches, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of liquid chromatography devices market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors: Global Liquid Chromatography Devices Market
Some of the major players operating in liquid chromatography devices market are Waters Corporation, Agilent Technologies, Inc., Shimadzu Corporation, Thermo Fisher Scientific Inc., GE Healthcare, Perkinelmer, Inc., Bio-Rad Laboratories, Inc., Gilson, Inc., Phenomenex, Inc., Jasco, Inc. among others.
Research Methodology: Global Liquid Chromatography Devices Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or drop down your enquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.