Published Date : Jan 19, 2016
The global market for chromatography systems has witnessed a remarkable rise in its valuation over the past few years. The technical advancement of devices used in chromatography has supported this market in carving a niche for itself in the global arena. The increasing need of protein purification is anticipated to propel the demand for chromatography systems, boosting the market significantly in the forthcoming years.
North America is the current leader of the global market for chromatography systems. The advancements in the field of pharmacy and biotechnology have fueled this regional market to a great extent. It is also projected to retain its leadership over the next few years.
Europe is the second-largest market for chromatography systems across the world. In 2012, it occupied a share of around 30% in the global chromatography systems market. The high demand for chromatography systems from various end users such as the pharmaceutical sector, the food industry, hospitals, research laboratories, and the agriculture market is projected to stimulate this regional market in the near future.
The Asia Pacific chromatography systems market is also expected to post impressive rise, registering the fastest growth rate in the coming years.
The increasing research and development activities among market participants has significantly driven the global chromatography systems market so far and its future also looks healthy. However, the high cost associated with chromatography devices and systems as well as their maintenance is likely to hamper the growth of this market in the coming years. On the flip side, the rising investment in the emerging markets for chromatography systems in developing economies are projected to boost the global market for chromatography systems in the near future.
Some of the major manufacturers of chromatography systems in the global arena are PerkinElmer Inc., Siemens, Agilent Technologies Inc., Jasco Inc., Sigma-Aldrich Co., Shimadzu Corp., Regis Technologies Inc., Waters Corp., Illumina Inc., F. Hoffmann-La Roche Ltd., GE Healthcare, Thermo Fisher Scientific Inc., Affymetrix Inc., and Konik Nanobiotech.