Global Chromatography Market Is Anticipated To Witness Significant Growth Owing To Rising Applications Of Chromatography Columns And Growing Surging Initiatives By Government

 

Chromatography Market

Overview:

Chromatography is a chemical separation technique that separates a mixture into its individual components. The mixture is dissolved in a mobile phase that travels over a stationary phase and the different components of the mixture elute from the stationary phase at different times based on their interaction with the stationary phase. These different elution times are displayed on a chromatogram. All of the different types of chromatography, from paper chromatography to liquid chromatography, work upon the same basic principle. The stationary phase is a solid, such as a piece of paper or a silica gel, and the mobile phase is some kind of solvent that carries the sample through the stationary phase. The most common stationary phases are alumina and silica gel. Each has a different property that gives it its specific separation properties.

According To Coherent Market Insights, The Global Chromatography Market Was Valued At US$ 9,701.6 Mn In 2019 And Is Forecast To Reach A Value Of US$ 13,465.2 Mn By 2027 At A CAGR Of 4.8% Between 2020 And 2027.

Market Dynamics:

Rising product launches are estimated to augment growth of the global chromatography market during the forecast period. For instance, the GC 2400 Platform was launched by the PerkinElmer, Inc., in June 2022. It is an automated gas chromatography solution designed for helping lab teams in driving precise results, performing more flexible monitoring and simplifying lab operations. Moreover, rising prices of resins and lack of professionals is anticipated to restrain growth of the global chromatography market during the forecast period.

Impact of COVID-19:

The pandemic was first reported in 2019 in China. The pandemic was declared as a global health emergency in 2020, by World Health Organization. The pandemic affected several sectors of the society, including the manufacturing activities in many regions. The pandemic led to imposition of strict restrictions in several industries. As the number of cases increased during the pandemic, there was an increase in demand for testing of samples. During the pandemic, there was an increase in demand for testing of samples. This led to rise in demand for chromatography. Thus, the pandemic had a positive impact on the growth of the global chromatography market.

Key Takeaways:

The global chromatography market is expected to witness robust growth, exhibiting CAGR of 4.8 % over the forecast period, due to increasing acquisitions by key players. For instance, Andrew Alliance was acquired by Waters Corporation in January 2020. This acquisition will allow in performing difficult laboratory procedures by using Andrew Alliance's cloud-native software platform.

North America is anticipated to witness robust growth in the global chromatography market during the forecast period, due to growing presence of key players and increasing well-structured health care systems.

Key players active in the global chromatography market are Danaher, Merck KGaA, Mitsubishi Chemical Holdings Corporation, Bio - Rad Laboratories, Inc., GRACE, Thermo Fisher Scientific, Purolite, WIPRO GE HEALTHCARE PVT LTD, Merck KGaA, Tosoh Corporation, Luminex Corporation, Thermo Fisher Scientific, Waters Corporation, Agilent Technologies, Inc., Biotage, Daicel Corporation, Quidel Corporation, Shimadzu Corporation, and PerkinElmer Inc.