Asia Chromatography Systems Market is Expected to Reach $1,589.5 Million by 2019 – A Report by MicroMarket Monitor
(PRWEB) April 21, 2015 -- This report provides a definition and segmentation of the Asian chromatography systems market with analysis and forecast of revenue. This market is expected to reach $1,589.5 million by 2019, and is estimated to grow at a CAGR of 6.8% from 2014 to 2019.
Browse through the TOC of Asia Chromatography Systems Market for an analysis of industry trends, segments & forecasts.
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Asia commanded the third-largest share of the chromatography systems market globally. The demand for chromatography systems is anticipated to increase in the future owing to the constantly growing population in countries like India and China, and the increasing per capita income in the region. The aging population and rising need for trained personnel are further expected to propel the growth of this market. Japan accounted for the largest share—29.0%—of the Asian chromatography systems market.
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The Asian region is projected to grow at a CAGR of 6.8% during the period between 2014 and 2019. The rising need for clinical trials and demand for accreditation of laboratories are other factors that will help in the growth of this market. However, stringent regulatory policies and the high cost of systems may hinder the growth of this market in the coming years.
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The Asian chromatography systems market is segmented on the basis of type, product, end user, and geography. On the basis of type, the market is segmented into liquid chromatography systems, gas chromatography (GC) systems, thin layer chromatography (TLC) systems, supercritical fluid chromatography (SFC) systems, and other chromatography systems. The liquid chromatography systems segment accounted for the largest share of this market.
On the basis of products, the market is segmented into reverse phase columns, ion exchange phase columns, size exclusion columns, chiral separation columns, affinity columns, normal phase/hydrophilic columns, interaction columns, and others. The reverse phase columns segment accounted for the largest share of this market. On the basis of end users, the market is segmented into the pharmaceutical, biotechnology, agriculture, and environmental biotechnology industries, along with academic institutes and other end users.
Geographically, the Asian chromatography systems market is categorized into five regions, namely, Japan, China, India, Republic of Korea, and the Rest of Asia. Japan commanded the largest share of this market, followed by China. China is the fastest-growing region in the Asian chromatography systems market.
This report also includes the market share and value chain analyses, and the drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of the key players in the market.
Related Report
Global Liquid Chromatography Systems Market
Chromatography Systems constitute 69.4% of Global Chromatography Systems market and are poised to grow its market share to 70.6% by the end of year 2018.
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