Chromatography Accessories & Consumables Market Growth till 2028: Increase In Awareness Levels Among Technicians About Benefits Of The Chromatography Accessories And Consumables

The chromatography accessories & consumables market is expected to USD 5.4 billion by end of 2028 from 3.6 billion in 2020, expanding at a CAGR of 5.5% during the forecast period. This growth of the market is attributable to growing adoption of chromatography along with other associated technologies across research and quality checks. Additionally, the factor such as growing adoption in fields medicine, metabolomics, proteomics, and genomics coupled with increasing demand for improved diagnostics and therapeutics are fueling growth of the global chromatography accessories and consumables market.

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However, growing adoption of the alternative options along with high costs of technology is restraining growth of the global chromatography accessories and consumables market. Nonetheless, rising number of seminars, studies, and conferences leading to increase in awareness levels among technicians about benefits of the chromatography accessories and consumables are estimated to fuel the growth of its market.

Additionally, continuously improving technology in the chromatography accessories and consumables are estimated to offer several growth opportunities in the coming future.

Key findings from the report

• • On the basis of product, the chromatography columns segment is projected to hold the largest share in the revenue of the chromatography accessories and consumables market in 2020. However, the detectors segment is estimated to expand by exhibiting a faster CAGR over the forecast period owing to growing its adoption across industries and especially in pharmaceuticals.
  • On the basis of technology, the rising awareness regarding the adoption and benefits of liquid chromatography across the industries such as food and beverages, which is fueling the segmental growth during the forecast period. Owing to such factors, the segment is also estimated to witness fastest growth at a CAGR during the forecast period.
  • On the basis of end user, the hospital segment is estimated to expand by exhibiting CAGR during the forecast period owing to growing adoption of technology for several tests such as blood and lipid tests.
  • However, Asia Pacific is estimated to expand at a significant CAGR over the forecast period owing to robust adoption from research laboratories witnessed in the region. Additionally, This growth is attributable to the presence of stringent drug development regulations, increased funding in medical research, and the growing number of metabolomics research activities in the region.

Competitive Landscape:

The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as R&D investments, license agreements, partnerships, merger and acquisitions, collaborations, and joint ventures to gain robust footing in the market.

Top Companies Profiled in the Report:

 Agilent Technologies, Inc., Thermo Fisher Scientific, Inc., Shimadzu Corporation, Waters Corporation, and PerkinElmer, Inc.

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Chromatography Accessories & Consumables Market Segmentation:

By Product Outlook (Revenue, USD Billion; 2018-2028)

• Columns
• Autosamplers
• Vials
• Detectors
• Fraction Collectors
• Pressure Regulators

By Technology Outlook (Revenue, USD Billion; 2018-2028)

• LC
• GC

Regional Outlook:

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Latin America (Brazil, Rest of LATAM)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

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