Key players in the market include, Agilent Technologies (U.S.), Thermo Fisher Scientific (U.S.), Waters Corporation (U.S.), Shimadzu Corporation (Japan) and other companies.
(PRWEB) July 13, 2014
Chromatography system is a physical method of separation of biological components from various types of biological samples such as air and water. Chromatography systems commonly separate the sample mixture into two phase, namely mobile phase and stationary phase. The components of the mobile phase run over the stationary phase, followed by the differential rate of migration of the components that provide the separation of mixture. Chromatography system plays an important role in the field of pharmaceutical, biotechnology, agriculture, and research laboratories by providing cheap separation methods. Chromatography is segmented into various types including gas chromatography, liquid chromatography and others.
Chromatography systems, by end-user segment are divided into biotechnology and pharmaceutical industries, hospitals and research laboratories, and agriculture and food industries.
With its application into segments, such as academics, agriculture industry, biotechnology, environmental biotechnology, and pharmaceuticals, North America is the largest chromatography systems market globally, and is expected to reach a value of $2.7 billion by 2018. It is expected to grow at a CAGR of approximately 5.8% from 2013 to 2018.
Browse through the market data tables, figures and detailed ToC on the “North America Chromatography Systems Market” at http://www.micromarketmonitor.com/market/north-america-chromatography-systems-3162983548.html.
Asian Chromatography Systems Market
Globally, Asia is expected to be the fastest-growing chromatography systems market. The high growth in this region is due to factors, such as the growing biomedical industry, large number of conferences and symposiums being held on chromatography technologies, increasing presence of major chromatography companies, growing pharmaceutical and biotechnology industries in China and India, regulatory changes in trade agreements, and increasing presence of chromatography firms in Singapore, Malaysia and Vietnam. China is the major revenue-generating region for most of the key chromatography systems companies. Furthermore, to achieve economies of scale, the global pharmaceutical companies are outsourcing their separation services to various Asian countries. However, the high cost of chromatography systems and the need for skilled personnel to operate high-end systems are the major factors hindering the growth of this market. In addition, the chromatography systems market is facing a challenge for developing systems that generate pressure above 20,000 psi.
Asia is the fastest-growing chromatography systems market globally, and is expected to reach a value of $1497 million by 2018. It is expected to grow at a CAGR of approximately 6.0%, from 2013 to 2018.
European Chromatography Systems Market
Globally, Europe is second-largest chromatography systems market in the world. This high growth is due to reasons such as the increasing investments and funding (life sciences, pharmaceutical, and biotechnology research), technological advancements in chromatography techniques, and tie-ups with research laboratories and academic institutes. However, high cost of chromatography systems, economic slowdown, and the need for skilled professionals are the major factors hindering the growth of this market.
The European chromatography systems market is expected to reach a value of $1179.8 million by 2018, and is expected to grow at a CAGR of approximately 8.7%, from 2013 to 2018.
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