Introduction of global Chromatography Reagents market:
The chromatography reagents market size is projected to grow from an estimated USD 5.5 billion 2020 to USD 7.8 billion by 2025, at a CAGR of 7.1% during the forecast period. Market growth is driven largely by factors, such as increasing R&D investments in the pharmaceutical and biotechnology industry, and increasing importance of chromatography tests for drug approvals. Moreover, growing use of chromatography in proteomics in emerging countries is expected to present avenues of growth for market players.
Browse in-depth TOC on "Chromatography Reagents Market”
82 – Tables
29 – Figures
160 – Pages
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List of Key Players:
The major players in the chromatography reagents market Agilent Technologies (US), Thermo Fisher Scientific (US), Merk Group (Germany), Sigma-Aldrich (US), Avantor Performance Materials (US), Waters Corporation (US), Bio-Rad Laboratories (US), GE Healthcare (UK), Regis Technologies (US), Santa Cruz Biotechnology (US), and Loba Chemie (India).
Regional Insights on Chromatography Reagents market:
The several sections on regional segmentation provide information on the regional characteristics of the global Chromatography Reagents Market. This chapter discusses the regulatory environment that will have an impact on the global market. It highlights the market's political landscape & anticipates its impact on the worldwide Chromatography Reagents industry. Global brands' presence and availability, as well as the problems they face from fierce competition from local & domestic brands, the influence of domestic tariffs, and trade channels, are all considered. The Chromatography Reagents report examines the five areas & their distribution by country:
North America - (U.S., Canada, and Mexico)
Europe - (U.K., Germany, France, Spain, Italy, Sweden, CIS Countries, and Rest of Europe)
Asia Pacific - (China, India, Japan, South Korea, Australia, ASEAN, and Rest of APAC)
Middle East & Africa - (South Africa, GCC Countries, Nigeria, Egypt, and Rest of ME&A)
South America - (Brazil, Argentina, Colombia, and Rest of South America)
North America is expected to be the largest market during the forecast period.
US and Canada are the major countries considered for the study of the chromatography reagents market. North America has a diverse and well-established R&D infrastructure, with rapid adoption of chromatography techniques among end-user industries. North America accounted for the largest share of 34.9% of the chromatography reagents market in 2019. A number of factors, such as increasing drug development activities, the availability of government funding for life science R&D, high adoption of technologically advanced solutions, and a large number of ongoing clinical research studies are driving the growth of the North American chromatography reagents market.
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Segmentation
By the application, the pharmaceutical testing segment is expected to make the most significant contribution to the chromatography reagents market during the forecast period.
Pharmaceutical manufacturers and related testing service providers are among the key end users of chromatography reagents. They use analytical instrumentation during various stages of drug discovery, drug research and development, pharmacokinetics, toxicology, and clinical studies, as well as during the manufacturing of bulk drugs and biological products, drug stability testing, and in qualitative and quantitative pharmaceutical analysis. Increasing R&D for therapeutic areas, such as cancer, HIV/AIDS, and immunodeficiency disorders, technological innovations in biotechnology research, increasing focus of pharmaceutical and biotechnology companies on extending their product pipeline, rising number of drug discovery and clinical trial projects, and patent expiry of blockbuster drugs and biomolecules are some of the key factors driving the growth of this segment. Additionally, the availability of government and corporate funding for biotechnology and pharmaceutical research, growth of the pharmaceutical industry, and presence of stringent regulatory guidelines for drug development and safety are the other key factors driving the growth of this segment.
By separation mechanism, the adsorption chromatography segment is expected to grow at the fastest rate during the forecast period.
Adsorption chromatography is a type of liquid chromatography in which chemicals are retained based on their adsorption and desorption at the surface of the support, which also acts as the stationary phase. This method is also sometimes referred to as liquid-solid chromatography. Retention in this method is based on the competition of the analyte with molecules of the mobile phase as both bind to the surface of the support. The degree of a chemical's retention in adsorption chromatography will depend on the binding strength of this chemical to the support, surface area of the support, amount of mobile phase displaced from the support by the chemical, and binding strength of the mobile phase to the support. A wide range of applications and higher adoption of adsorption as a separation mechanism in various industries is a key factor driving the growth of this market.
Global Chromatography Reagents Market research report offers:
- The global Chromatography Reagents Market is defined, along with an analysis of several influencing factors like drivers, constraints, opportunities, & challenges.
- Market risk analysis & industry trend analysis are also included in the Chromatography Reagents market.
- The market competition landscape is defined, characterised, & analysed using Porter's Five Force Analysis & SWOT analysis, with a focus on global primary manufacturers.
- Identification and analysis of micro and macro aspects that influence & will influence market growth in the global Chromatography Reagents competitive landscape.
- A comprehensive list of key market participants in the global Chromatography Reagents business.
- It gives a descriptive assessment of demand-supply side analysis in the worldwide Chromatography Reagents market.
- A statistical analysis of certain major economic indicators
- The market is described using figures, charts, graphs, & drawings.
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