Market Analysis - Advanced Chromatography 2020
The global chromatography market is forecast to grow at a CAGR of almost 7% during 2019-2023, and the market size will increase by USD 4.75 billion during the forecast period of 2019-2023. Between 2019-2023, the chromatography market will grow at a faster pace than the overall market growth in 2019. The growth momentum of the chromatography market is expected to accelerate in the second half of the forecast period compared to the increase in the first half.
The chromatography market is concentrated, and the degree of concentration is expected to decrease by 2023. An outlook of accelerating growth would provide opportunities to all market participants to grow. Market participants should focus on the opportunities on the demand side rather than getting overly impacted with the competitive dynamics. The accelerating growth momentum will be one of the contributing factors moderating the competitive intensity in the market over the forecast period.
Life science was the largest segment within the overall market in 2019 and will continue to remain so in 2023. The growth rate of the life science segment will be faster than the global market growth during the forecast period 2019-2023. However, the growth rate of the research and other segments will be slower than the overall market growth.
To identify growth opportunities in the chromatography market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2019-2023. Asia will grow faster than the overall market. Market growth in Europe, North America, and ROW will be slower than the global market.
Global chromatography industry overview:
Portable laboratory systems such as portable gas chromatography are being preferred over conventional systems because of their ability to provide real-time, direct, and onsite measurements of organic and inorganic analytes in a sample. With the rising requirement for rapid, high-quality analysis on-site, the demand for portable analytical systems will increase during the forecast period, boosting the growth of the chromatography market.
Chromatography market segmentation based on end-users
- Life science
The life science segment will account for the highest chromatography market share. The increasing demand for pharmaceutical drugs and drug delivery technologies and the rising investments in R&D will drive the demand for chromatography from the life sciences industry.
Chromatography market segmentation based on geographic region
- North America
With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest chromatography market share throughout the forecast period. The growing focus on drug and vaccine discovery and development and the recent advancements in biotechnology and pharmaceutical research are some of the significant factors responsible for chromatography market growth in this region.
Scope & Importance:
Life science research
Chromatography is used to quantify the amount of chemicals in drugs and for the analysis of various solvents used in the manufacturing of pharmaceutical products. Owing to the high resolving power and high sensitivity of chromatography instruments, they are widely used for amino acid analysis. In addition, technological advancements in chromatography instruments have increased their speed, accuracy, and resolution. These developments have enabled pharmaceutical companies to improve their productivity and efficiency.
Identifying environmental contaminants is challenging because a large variety of compounds are found in the environment, which vary in their chemical composition. Based on their composition, chromatography techniques help detect these trace organic compounds in environmental samples.
Food & beverage testing
Chromatography instruments are extensively used for the quantification of volatile organic compounds in food products. They are mainly used for quality control and testing additives, contaminants, toxins, and residues. Mass Spectrometry (MS) combined with Gas Chromatography (GC) is the most common technique used for elemental analysis in food testing. It is also used for the analysis of agricultural chemicals, such as pesticides, fertilizers, fungicides, and their metabolites.
- Chromatography instruments manufacturers
- Chromatography instruments distributors
- Healthcare institutions (hospitals and diagnostic centers)
- Vendors/service providers
- Research institutes
- Pharmaceutical and biotechnology companies
- Research and consulting firms
- Agilent Technologies Inc.
- Bio-Rad Laboratories Inc.
- Shimadzu Corporation
- Thermo Fisher Scientific Inc.
- Waters Corporation
- Shimadzu Corporation
- PerkinElmer, Inc.
- Danaher Corporation
- Merck KGaA
- Restek Corporation
- Gilson, Inc.,
- SCION Instruments
Association & Societies:
- Global Chromatography and HPLC Associations
- American Chemical Society.
- American Organization of Analytical Chemists International (AOAC)
- American Society for Mass Spectrometry.
- An International Separation Science Society.
- Association of Analytical Communities (AOAC) International
- Chemical Institute of Canada (L'Institut de chimie du Canada)
- Chemical Research Society of India (CRSI)
- American Crystallographic Association (ACA)
- American Association of Pharmaceutical Scientists (AAPS)
Advanced Chromatography 2020 organizing committee invites analytical expertise, researchers, professors, scientific communities, delegates, students, business professionals and executives to attend the “International Conference & Expo on Advances in Chromatography & HPLC Techniques” which is to be held during April 20-21,2020 Berlin, Germany.
In the light of this theme, the conferenceseries aims to provide a forum for international researchers from various areas of analytical chemistry, pharmacy, pharmacology, bioinformatics and other life science groups by providing a platform for critical analysis of new data, and to share latest cutting-edge research findings and results about all aspects regarding advances in HPLC and Chromatography techniques.
The conference provides a platform to detail the research works of analytical expertise from various scientific backgrounds and the same can be perceived by young researchers and students. The conference mainly aims to promulgate knowledge on chromatography and unveil the advances in HPLC techniques. Both Life Sciences and Chemical Sciences need analytical techniques in course of research work and therefore Advanced Chromatography 2020 would be a perfect venue to share and develop knowledge on key analytical tools.
- Analytical experts in chromatography
- Research Heads from Research Centres
- Leads from Pharmacy and Chemical Industries
- Industrial expertise working with various novel solid & liquid columns
- Marketing teams of Industries with novel products to show case at the conference
- Directors and Professors from Universities and Institutions
- Post-doctoral & PhD students working on analytical & Bio-analytical method development
- Theoretical scientists working on deriving analytical hypotheses
- Relevant Graduate and Post graduate students
The global life science and chemical instrumentation market is expected to reach $48.84 billion by 2020, at CAGR of 6.9%. Technological advancements in the analytical instruments, rising government spending on pharmaceutical R&D in emerging nations, increasing public and private life science research and development expenditure, growing food safety concerns, and progressing drug discovery and clinical diagnostics field are the key factors driving the growth of life science and chemical instrumentation market. Furthermore, growing proteomics market, rising environmental safety concerns, and increasing demand of analytical instruments from applied markets are some of the key factors offering new growth opportunities for the market players. The Europe Liquid Chromatography Reagents market is estimated to grow at a CAGR of 9.9% from 2014 to 2019. The market growth is fuelled by extensive use of chromatographic techniques in every minute analysis.
Conferenceseries organizes 1000+ Global events every year across the globe with support from 1000+ more scientific societies and Publishes 500 Open access journals which contains over 50000 eminent personalities, reputed scientists as editorial board members.
With great keenness, we look forward to seeing you at Advanced Chromatography 2020