Global Liquid Chromatography Devices Market Segmentation, By Technique (High Performance Liquid Chromatography (HPLC), Ultra High Pressure Liquid Chromatography (UHPLC), Low Pressure Liquid Chromatography (LPLC), Fast Protein Liquid Chromatography (FPLC), Others), Type (Instruments, Consumables and Services), Accessories (Columns, Auto-Sampler Accessories, Others), Application (Pharma and Bio, Public, Industry, Others), End-User (Pharmaceutical Companies, Academics and Research Institutes, Hospitals, Agriculture Industry, Others) – Industry Trends and Forecast to 2031.
Liquid Chromatography Devices Market Analysis
Surging cases of various infectious diseases which results in growing liquid chromatography devices prevalence is estimated to drive the market’s growth across the globe. The liquid chromatography devices market is largely influenced by the surging focus of key players towards technological advances in molecular diagnostics and indulging towards collaboration and partnerships with other organizations. Owing to the presence of various growth determinants the market is being propelled forward and is projected to show substantial growth over the forecasted period.
Global Liquid Chromatography Devices Market Size
Global liquid chromatography devices market size was valued at USD 4.06 billion in 2023 and is projected to reach USD 5.53 billion by 2031, with a CAGR of 3.90% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
|
Attributes
|
Liquid Chromatography Devices Key Market Insights
|
|
Segmentation
|
|
|
Countries Covered
|
U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa
|
|
Key Market Players
|
Gilson Incorporated (U.S), Phenomenex Inc., (U.S), Waters Corporation (U.S), Shimadzu Corporation (Japan), Tosoh Bioscience (Japan), Thermo Fisher Scientific. (U.S), Hitachi Ltd., (Japan), PerkinElmer, Inc. (U.S), General Electric Company (U.S), Merck KGaA (Germany), Bio-Rad Laboratories, Inc. (U.S), B.D. (U.S), Bio-Rad Laboratories, Inc. (U.S), Showa Denko K.K (Japan), JASCO (U.S), SIELC Technologies (U.S), Orochem Technologies Inc. (U.S.), YMC Co. Ltd. (Japan), Restek Corporation (U.S.), Trajan Scientific (Australia), and Hamilton Company (U.S)
|
Liquid Chromatography Devices Market Definition
The term "liquid chromatography" basically refers to a chromatographic technique for separating ions or molecules that are dissolved in a solvent. It entails the separation of biomolecules based on their size, type, and other characteristics, and it necessitates the use of stationary phase, mobile phase, and elutants to complete the separation technique. Because of the different speeds at which each ingredient travels, the approach is extremely useful for separating and detecting many constituents from a combination. The simple liquid chromatography generally consists of a column with a fritted bottom that basically maintains a motionless phase in equilibrium with a solvent, while the complex liquid chromatography consists of a column with a fritted bottom that holds a motionless phase in equilibrium with a solvent.
Liquid Chromatography Devices Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Growing Demand For Hyphenated Chromatography Techniques
A chromatic separation procedure using U.V. detectors and an identification process using I.R. (infrared) and NMR (nuclear magnetic resonance) spectrometers is referred as the hyphenated technique. The increasing demand for hyphenated chromatography techniques such as LC-NMR, LC-MS, LC-FTIR, and GC-MS are expected to accelerate the market's overall growth.
Furthermore, the use in quality assessment of pharma products and drug development are also expected to fuel market growth. Moreover, the easy availability of some instruments for liquid chromatography in laboratories and increasing importance of chromatography tests in the drug approval process also cushions the market’s growth within the forecasted period. Growth in generics and CROs coupled with the therapeutic conversion to new biological entities and therapeutic conversion to new biological entities will further positively impact the liquid chromatography devices market's growth rate in the future.
Opportunities
- Increasing Investments and Advancements
The increase in investments in this area by research users and government bodies offer growth opportunities for the growth of the market. Additionally, the advanced developments will reduce the downtime and the costs needed for maintenance are estimated to generate numerous opportunities for the market.
Restraints/Challenges
- High Costs of the Devices
On the other hand, the high cost of the devices as they comprise advanced technological features and additional costs, such as maintenance and other steps, are expected to obstruct market growth.
- Alternative Techniques Will Pose as a Challenge
Also, alternative liquid chromatography techniques are available, such as protein crystallization, membrane chromatography, crystallization, high-resolution ultra-filtration, three-phased partitioning monoliths, capillary electrophoresis, precipitation, and high-pressure folding are projected to challenge the liquid chromatography devices market in the forecast period of 2024-2031.
This liquid chromatography devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the liquid chromatography devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Post Covid-19 Impact on Liquid Chromatography Devices Market
Liquid chromatography devices market overall was positively impacted by the outbreak of COVID-19. Researchers are using chromatographic technology to better understand the Sars-CoV-2 virus and develop better medicines, vaccines, and diagnostic tools to aid in the fight against the Covid-19 epidemic. Due to a high number of important players' employees working from home, the ongoing COVID-19 pandemic may have a moderate influence on the number of tests done.
Moreover, due to an increase in the prevalence of COVID-19, there has been growth in demand for various services, including chromatography technologies such as liquid chromatography, as chromatography is a powerful laboratory-based analytical method that researchers are using as the scientific community strives to understand the Sars-CoV-2 virus and develop better therapies, vaccines, and diagnostic tools to aid in the fight. Therefore, the increased product demand due to the emergence of the disease has positively affected the market's growth.
Liquid Chromatography Devices Market Scope
The liquid chromatography devices market is segmented on the basis of technique, type, accessories, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technique
- High Performance Liquid Chromatography (HPLC)
- Ultra-High Pressure Liquid Chromatography (UHPLC)
- Low Pressure Liquid Chromatography (LPLC)
- Fast Protein Liquid Chromatography (FPLC)
- Others
On the basis of technique, the liquid chromatography devices market is segmented into high performance liquid chromatography (HPLC), ultra-high pressure liquid chromatography (UHPLC), low pressure liquid chromatography (LPLC), fast protein liquid chromatography (FPLC) and others. High performance liquid chromatography is estimated to dominate the segment, as it allows for reproducible responses, higher resolution, better peak shape and the speed of analysis.
Type
- Instruments
- Consumables and Services
On the basis of type, the liquid chromatography devices market is segmented into instruments, consumables and services.
Accessories
- Columns
- Auto-Sampler Accessories
- Others
On the basis of accessories, the liquid chromatography devices market is segmented into columns, auto-sampler accessories and others.
Application
- Pharma and Bio
- Public
- Industry
- Others
On the basis of application, the liquid chromatography devices market is segmented into pharma and bio, public, industry and others.
End-User
- Pharmaceutical Companies
- Academics and Research Institutes
- Hospitals
- Agriculture Industry
- Others
On the basis of end-user, the liquid chromatography devices market is bifurcated into pharmaceutical companies, academics and research institutes, hospitals, agriculture industry and others.
Liquid Chromatography Devices Market Regional Analysis
The liquid chromatography devices market is analyzed and market size insights and trends are provided by country, technique, type, accessories, application and end-user as referenced above.
The countries covered in the liquid chromatography devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the liquid chromatography devices market because of the increasing investments in biomedical industries, growing healthcare infrastructure, rising disposable incomes, and well-established domestic companies within the region.
North America is expected to witness significant growth during the forecast period of 2024 to 2031 due to the increasing investment by key players into the pharmaceutical and biotechnology industry and the development of new drugs to provide innovative treatment options within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Liquid Chromatography Devices Market Share Analysis
The liquid chromatography devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to liquid chromatography devices market.
Liquid Chromatography Devices Market Leaders Operating in the Market Are:
- Gilson Incorporated (U.S)
- Phenomenex Inc., (U.S)
- Waters Corporation (U.S)
- Shimadzu Corporation (Japan)
- Tosoh Bioscience (Japan)
- Thermo Fisher Scientific. (U.S)
- Hitachi Ltd., (Japan)
- PerkinElmer, Inc. (U.S)
- General Electric Company (U.S)
- Merck KGaA (Germany)
- Bio-Rad Laboratories, Inc. (U.S)
- B.D. (U.S)
- Bio-Rad Laboratories, Inc. (U.S)
- Showa Denko K.K (Japan)
- JASCO (U.S)
- SIELC Technologies (U.S)
- Orochem Technologies Inc. (U.S.)
- YMC Co. Ltd. (Japan)
- Restek Corporation (U.S.)
- Trajan Scientific (Australia)
- Hamilton Company (U.S)
SKU-