(PRWEB) March 29, 2014
The “Chromatography Instrumentation Market by Systems [LC (HPLC, UHPLC, FLASH), GC, TLC, SFC, Others (Autosamplers, Detectors, Fraction collectors)], By Consumables (Reverse phase columns, Syringe filters, Vials) & Industry - Global Forecast to 2018," analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia, and Rest of the World.
Browse 123 market data tables and 49 figures spread through 407 pages and in-depth TOC on "Chromatography Instrumentation Market."
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This report studies the global market over the forecast period of 2013 to 2018. The market is estimated at $7,583.8 million in 2013 and is poised to grow at a CAGR of 5.7% from 2013 to 2018, to reach $10,008.3 million by 2018.
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The global market is categorized into three broad segments, namely, by systems, by consumables, and by end users. The chromatography systems market comprises liquid chromatography systems, gas chromatography systems, supercritical fluid chromatography systems, thin layer chromatography systems, and other components of systems (detectors, autosamplers, pumps, fraction collectors, and others). The market for chromatography consumables is segmented into columns, syringe filters, tubings, vials, and other consumables (injectors, plates, and cartridges). The market by end users is broadly categorized into pharmaceutical, biotechnology and Biopharmaceuticals, academic research laboratories, food and agriculture industries, environmental testing industry, and others.
The chromatography instrumentation market has witnessed various technological advancements in the recent years. This can be attributed to market players focusing on the introduction of newer systems and consumables for performing fast chromatographic procedures. These new systems are widely being used in new application areas such as proteomics, genomics, and metabolomics. Through the launch of new products, a number of key players are competing against each other in order to increase their market share and expand their existing customer base. These key players include Agilent Technologies (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Waters Corporation (U.S.), and Shimadzu Corporation (Japan).
Some of the other prominent strategic moves undertaken by leading players in the chromatography instrumentation market include agreements and collaborations, and geographic expansions. Players entered into agreements and collaborations with academic research institutes, to support research studies by supplying chromatography instruments. For instance, in May 2013, Agilent Technologies signed an alliance with the College of Chemistry at the University of California, Berkeley, to redesign and rebuild its chemistry and chemical engineering laboratories. The laboratory will be equipped with a comprehensive collection of Agilents latest high-performance chromatography and molecular spectroscopy instruments and software.
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The players in this market adopted the strategy of expansion to increase their customer base, particularly in the Asian regions of China, India, and Vietnam. For instance, in May 2013, Agilent opened two new offices located at Hanoi and Ho Chi Minh City, in Vietnam. The offices were equipped to provide sales, applications, and support services to the company’s customers in Vietnam. The office at Ho Chi Minh City is a Demo Center, which is equipped with bio-analytical instruments used by scientists and researchers. These expansions in new geographic regions result in increased sales and provide competitive advantage to market players.
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