Reverse Phase (RP) columns constitute 73.1% of Global Columns market and are poised to grow its market share to 73.9% by the end of year 2018.
(PRWEB) June 12, 2014
The global chromatography market is witnessing extraordinary amount of technological advancements in the last few years. More advanced, faster, and efficient systems are introduced, which is leading to the development of columns which can complement these systems. The expanding global biotechnology and pharmaceutical industries are a key factor likely to drive this market. These industries are the prime users of chromatography techniques.
Browse through the market data tables, figures and detailed ToC on the “Reverse Phase Columns Market”.
North American Reverse Phase Columns Market
North America is the leading market in the global reverse phase columns market, and is expected to grow at a CAGR of 5.8% during 2013 to 2018. The U.S. is a major market in North America, accounting for around 83% of the total North American reverse phase columns market. The growth of the reverse phase columns market in North America is driven primarily by the increased use of chromatography techniques in drug development regulations to analyze the drug for its potency, quality, purity, and strength. Also, investments by drug companies in development of novel and advanced products are assisting the growth of the reverse phase columns market in North America.
European Reverse Phase Columns Market
Europe is the second-largest market in the global reverse phase columns market, projected to grow at a CAGR of 5.3% from 2013 to 2018. An increase in government funding, investments, and grants are assisting the growth of European reverse phase columns market. Germany is the leading as well as fastest-growing market for reverse phase columns in Europe, and is expected to grow at a CAGR of 6.1% during the period from 2013 to 2018. The reverse phase column market is experiencing gradual growth attributed to the increasing use of reverse phase (RP) columns in the fields of proteomics, monoclonal antibodies, metabolomics, and genomics.
Asian Reverse Phase Columns Market
Asia is the fastest-growing market in the global reverse phase columns, projected to grow at a CAGR of 6.0% during 2013 to 2018. Japan is the largest Asian market for reverse phase columns, expected to reach $157.0 million by 2018. Major pharmaceutical and chromatography players are investing in Asian markets to expand their presence in Asia. There is also an increase in the R&D activities and investments by pharmaceutical and biotechnological companies and government bodies, which is expanding the reverse phase columns market in Asia.
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