(PRWEB) May 22, 2014
Size Exclusion Columns market has been pegged at $82.0 Million in the year 2013 growing at 4.9% annually and is projected to reach $0.1 Billion by the end of the year 2018. Size exclusion chromatography is the favored method in chromatographic purification. Size exclusion chromatography offers various advantages, such as requirement of minimal volume of eluate, no interference in the filtration process, and many more. Size exclusion chromatography column has noteworthy opportunities in clinical and preclinical studies for protein separation. Technological advancements in chromatography instruments, and collaborations with academic institutions are the major factors driving the growth of this market at a global level.
The North American size exclusion chromatography column market is expected to grow at a CAGR of 11.7% from 2013 to 2018. Rises in investments for medical research, and increases in funding from national institutes, such as the National Institute of Health (NIH), National Institute of Environmental Health Sciences (NIEHS) and so on, are projecting the growth of this market. The pharmaceutical and biotechnology industries are the major end-users of the North American size exclusion column market. Favorable patent environment and free pricing policy for pharmaceuticals in the U.S. are offering a significant opportunity for this market in the coming years.
Browse through the market data tables and figures and detailed ToC on the “North America Size Exclusion Column Market”.
Europe Size Exclusion Column Market:
Europe is the second major player in the size exclusion chromatography column market, and is expected to grow its market share at a CAGR of 13.7% from 2013 to 2018. Booming pharmaceutical companies in Eastern Europe and direct and indirect investments in chromatography and technological innovation are boosting the growth of this market. Major players, such as GE Healthcare (U.K.), Tosoh Corporation (Japan), and so on are adopting strategies such as agreements and collaborations in order to achieve the growth of this market.
Asia Size Exclusion Column Market:
Asia is anticipated to rapidly grow its market share in the size exclusion chromatography column market, at a fastest CAGR of 24.4% from 2013 to 2018. A rise in chromatography activities in India, the low cost of labor and raw material, especially in China and India, and a climb in the demand for analytical instruments in China are the major factors responsible for the growth of this market. Nonetheless, the high cost of size exclusion columns, a lack of expertise, and insufficiency in proper distribution channels are restraining the growth of this market.
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