Chromatography Accessories and Consumables Market Poised to Exceed US$ 7 Billion by 2033, Driven by Solid 5.2% CAGR
The chromatography accessories and consumables market are experiencing significant growth, with a projected value of US$ 4.21 billion in 2023, expected to surge to an impressive US$ 7 billion by 2033. This upward trajectory is fueled by a robust Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period spanning from 2023 to 2033.
The consistent expansion of the chromatography accessories and consumables market can be attributed to various factors reshaping the landscape of analytical techniques and their applications across diverse industries. Key sectors such as pharmaceuticals, biotechnology, and food and beverages have played crucial roles in driving this remarkable growth. As the market continues to evolve, it promises a bright era for advancements in analytical sciences and their indispensable role across various industrial domains.
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Different utilizations of chromatography procedures are crosswise over ventures, for example, pharmaceutical medication disclosure (pharma organizations, life science look into, CROs, and so on.), sustenance and drink, crime scene investigation, oil and gas, synthetic substances, sports, polymers, and drugs. Based on technology, liquid chromatography is likely to be most preferred.
Liquid chromatography is further segmented into high-pressure liquid chromatography (HPLC), ultra-pressure liquid chromatography (UPLC), low-pressure liquid chromatography (LPLC), flash chromatography, and other LC technologies. The large share of this segment can be attributed to the wide use of HPLC techniques and the growing demand for UPLC systems.
Key Takeaways from the Market Study:
- Global chromatography accessories and consumables market to grow 1.6x from 2022-2032
- Based on technology, liquid chromatography to emerge as a key beneficiary, registering a 4.3% CAGR
- Column accessories and consumables to be most sought after product category, registering a 4% CAGR
- U.S to emerge as the most opportunistic market, registering a CAGR worth 4.5% until 2032
- China to be a significant contributor to market growth, reaching US$ 461.1 Million by 2032
- Japan & South Korea to yield absolute $ opportunities worth US$ 122.5 Million and US$ 68.3 Million respectively
“Growing use of chromatography techniques for research activities in the fields of proteomics, medicine, genomics, and metabolomics and rising number of chromatography seminars and conferences that increase awareness regarding new chromatographic techniques are the high impact rendering drivers for the growth of the market,” remarks an FMI analyst.
Competitive Landscape:
Players in the global chromatography accessories and consumables market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market.
Key Players:
- Agilent Technologies
- Waters Corporation
- Shimadzu Corporation
- Thermo Fisher Scientific
- PerkinElmer
- Merck KGaA
- Bio-Rad Laboratories Inc.
- GE Healthcare
- Hitachi
- Phenomenex
- Restek Corporation
- Jasco Inc.
- Gilson
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Key Segments of Chromatography Accessories and Consumables Industry Survey:
By Product Type:
- Column Chromatography Accessories and Consumables
- Pre-Packed Columns
- Empty Columns
- Heaters & Ovens
- Guard Holders
- Other Column Accessories and Consumables
- Autosampler Chromatography Accessories and Consumables
- Autosampler Syringes/Sample Needles
- Vials
- Septa
- Chromatography Flow Management Accessories and Consumables
- Flowmeters
- Flow Splitters
- Pumps
- Chromatography Fittings and Tubing Accessories
- Tubing
- Ferrules and Nuts
- Valves and Gauges
- Liners and Seals
- Chromatography Detectors
- LC Detectors
- GC Detectors
- Mobile Phase Chromatography Accessories and Consumables
- Mixers and Mixing Chambers
- Degassers
- Other Mobile Phase Accessories and Consumables
- Mobile Phase Accessories and Consumables
- Fraction Collectors
- Pressure Regulators
- Other Accessories and Consumables
By Technology:
- Liquid Chromatography Accessories and Consumables
- High-Pressure Liquid Chromatography
- Ultra-Pressure Liquid Chromatography
- Flash Chromatography
- Low-Pressure Liquid Chromatography
- Other LC Technologies
- Gas Chromatography Accessories and Consumables
- Other Chromatography Technology Accessories and Consumables
By End User:
- Chromatography Accessories and Consumables for Hospital Laboratories
- Chromatography Accessories and Consumables for Pharmaceutical & Biotechnology Industry
- Chromatography Accessories and Consumables for Oil & Gas Industry
- Chromatography Accessories and Consumables for Academic & Research Institutes
- Chromatography Accessories and Consumables for Food & Beverages
- Chromatography Accessories and Consumables for Hospitals & Clinics
- Chromatography Accessories and Consumables for Environmental Agencies
- Chromatography Accessories and Consumables for Other End Users
By Region:
- North America Chromatography Accessories and Consumables Market
- Latin America Chromatography Accessories and Consumables Market
- Europe Chromatography Accessories and Consumables Market
- Asia-Pacific Chromatography Accessories and Consumables Market
- Middle East & Africa Chromatography Accessories and Consumables Market
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Author:
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
About Future Market Insights (FMI)
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