Key Players of the North American Chromatography Systems Market are Agilent Technologies (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Phenomenex, Inc. (U.S.)., Sigma-Aldrich Co. LLC. (U.S.), Shimadzu Corporation (Japan), PerkinElmer, Inc. (U.S.).
(PRWEB) April 08, 2015
The North American chromatography systems market was valued at $2,133.6 million in 2014 and is estimated to reach $2,823.8 million by 2019, at a CAGR of 5.8% from 2014 to 2019.
Browse through the TOC of North American Chromatography Systems market for an analysis of industry trends, segments & forecasts.
North America is the largest chromatography systems market. The high volume of sales in North America can be attributed to various factors such as the growing funding for research, large number of conferences, discussions, and symposia on chromatography technologies, presence of major chromatography companies in the region, regulatory changes in GMP and GDP certifications for pharmaceutical excipients, and development of new application areas such as metabolomics.
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The U.S. is a major revenue generating region for most key chromatography systems companies. However, the high cost of chromatography systems and the requirement of 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 challenges in obtaining identical results from UHPLC, after the transfer of HPLC to UHPLC, and developing systems that generate pressure above 20,000 psi.
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The North American chromatography systems market was valued at $2,133.6 million in 2014 and is projected to reach $2,823.8 million by 2019, at a CAGR of 5.8% during the forecast period. The liquid chromatography systems segment, the largest segment in the chromatography systems market, is expected to grow at a CAGR of 6.2% to reach $2,006.7 million by 2019.
Based on geography, the market is segmented into three country-level segments, namely, the U.S., Canada, and Mexico. This report also includes the market share and value chain analyses, and market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of key players operating in this market.
Asian Liquid Chromatography Systems Market
The liquid chromatography systems market was valued at $3.5 billion in 2013, which is expected to grow at a CAGR of 6.0%, from 2013 to 2018. It is estimated to reach $4.7 billion by the end of 2018. The liquid chromatography systems market in Asia contributed approximately 22.2% to the global liquid chromatography systems market, with a value of $775.5 million in 2013. It is projected to reach $1056.7 million by 2018, at a CAGR of 6.4%.
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