PUNE, India, July 24, 2017 /PRNewswire/ --
According to a new market research report "Chromatography
Instruments Market by Type (Systems, Detectors), Consumables
(Columns) and Accessories (Auto-sampler Accessories), Applications
(Life science Research, Environmental Testing, Food & Beverage
Testing), and Region - Global Forecast to 2022" published by
MarketsandMarkets™, the market is expected to reach USD 10.99 Billion by 2022 from an estimated
USD 7.86 Billion in 2017, at a CAGR
of 6.9%.
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Browse 160 Market Data Tables and 40 Figures spread through
245 Pages and in-depth TOC on "Chromatography Instruments
Market"
http://www.marketsandmarkets.com/Market-Reports/chromatography-instrumentation-market-1258.html
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report.
The key factors driving the growth of this market include the
rising food safety concerns, increasing use of chromatography tests
in the drug approval process, and growing popularity of hyphenated
chromatography techniques. However, the high cost of equipment is
likely to restrain the growth of the market during the forecast
period.
By type, the systems segment accounted for the largest share
of the market in 2017
On the basis of type, the Chromatography Instruments Market is
broadly segmented into systems, detectors, auto-samplers, and
fraction collectors. In 2017, the systems segment is expected to
account for the largest share of this market and is expected to
grow at the highest CAGR during the forecast period. This is
primarily attributed to the growing importance of chromatography
tests in drug approvals.
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By consumables and accessories, the consumables segment held
the largest market share in 2017
The Chromatography Instruments Market is further classified into
consumables and accessories. In 2017, the consumables segment is
expected to account for the largest share of the Chromatography
Instruments Market and is expected to grow at the highest CAGR
during the forecast period. The high growth of this segment is
mainly attributed to the rise in the food safety concerns.
By application, the life science industry held the largest
market share in 2017
Based on application, the Chromatography Instruments Market is
further segmented into life science, environmental testing, food
and beverage testing, and other applications. In 2017, the life
science industry segment is expected to account for the largest
share and is expected to grow at the highest CAGR during the
forecast period. Chromatography tests in drug approvals and
increasing popularity of hyphenated techniques are the major
factors driving the growth of this segment.
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North America dominated the
market in 2017
North America accounted for the
largest share of the Chromatography Instruments Market in 2016,
followed by Europe. The increase
in funding for R&D activities in the healthcare industry and
increasing number of conferences in the U.S. are some of the major
factors driving the growth of the market in the U.S. The growth of
the Canadian food testing industry will also drive market growth
during the forecast period.
Factors such as rising importance of food safety in the U.K.,
growth of the cosmetics industry in France, and the increase in R&D
expenditure in the pharmaceutical industry in the RoE are expected
to boost the adoption of chromatography instruments in European
countries; generating a significant growth opportunity for the
players competing in the global Chromatography Instruments
Market during the forecast period.
The key players in the market include Agilent Technologies, Inc.
(U.S.), Waters Corporation (U.S.), Shimadzu Corporation
(Japan), Thermo Fisher Scientific
Inc. (U.S.), and PerkinElmer Inc. (U.S.)
Browse Related Reports:
Chromatography Accessories and Consumables Market by
Types (Columns, Autosamplers, Vials, Detectors, Fraction
Collectors, Pressure Regulators, Degassers), by Technology (LC
(HPLC, UHPLC, Flash), GC), by End-users - Trends & Global
Forecasts to 2018
http://www.marketsandmarkets.com/Market-Reports/chromatography-accessories-consumables-market-1294.html
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