Global High-performance Liquid Chromatography (HPLC) Market By Product Type (Instruments, Consumables, Accessories), By End User (Pharmaceutical & Biotechnology, Cros, Academic And Research Institutes), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019-2028

Market.us announces the publication of its most recently generated research report titled, “Global High-performance Liquid Chromatography (HPLC) Market by Product Type (Instruments, Consumables, Accessories), By End User (Pharmaceutical & Biotechnology, CROs, Academic, and Research Institutes, Other End Users ), and by Region – Global Forecast to 2028.”, which offers a holistic view of the global High-performance Liquid Chromatography (HPLC) market through systematic segmentation that covers every aspect of the target market.

The global high-performance liquid chromatography (HPLC) market is projected to be US$ 3,747.7 Mn in 2018 to reach US$ 5,956.2 Mn by 2028 at a CAGR of 4.7%.

HPLC is the chromatography technique. It is known as the High-Performance Liquid Chromatography technique. This technique of analytical chemistry is used to separate, identify and quantify every single component of the mixture. Liquid chromatography is a technique in which the mobile phase used is liquid. HPLC is dependent on the pump to pass solvent which contains a mixture through a column that is filled with a solid adsorbent material. Every component in the sample interacts differently with the adsorbent, because different component flows at different work rates, and it leads to the separation of the component as they flow through the column. Here detector generates a signal proportional amount of sample evolving from the column. Different types of detectors are used such as UV-Vis or LCMS etc. There are two types of HPLC techniques one is Normal Phase HPLC, and the other is Reverse Phase HPLC. Out of these two techniques, reversed-phase HPLC is mostly used. Two types of columns are used in HPLC, one is higher pressure resistance, and the other is low-pressure resistance. Most columns are made up of steel and are used for high-pressure resistance and glass or Peek columns are used for low-pressure resistance, especially when inert surfaces are required for chemical or biological applications.

Higher accuracy and sensitivity of HPLC, increasing acceptance of the LC-MS technique, and rising significance of high-performance liquid chromatography tests in drug approvals are expected to bolster the growth of the HPLC market in the future. Furthermore, increasing consumption of processed and packaged food has increased the usage of HPLC, which in turn is expected to boost the target market.

Global High-performance Liquid Chromatography (HPLC) Market Revenue (US$ Mn), 2018-2028

However, the high cost of the HPLC system is a significant factor expected to hamper the growth of the high-performance liquid chromatography (HPLC) market. Also, the high cost associated with servicing results in operational expense is another crucial factor expected to limit the growth of the target market. Nonetheless, the combination of liquid chromatography and the ultra-high resolution accurate mass performance delivers an orthogonal separation that can improve the depth of coverage, particularly for isomeric mass lipid species that may be present which is expected to enhance the market growth in the future.

The global high-performance liquid chromatography (HPLC) market is segmented on the basis of Product Type, End-User, and region. On the basis of product type, the market is segmented into instruments, consumables, and accessories. The consumables segment is further segmented into columns, filters, vials, and tubes. The consumables segment accounts for the majority share and is expected to register the highest growth over the forecast period. In consumables segment columns, the segment accounts for the majority share. On the basis of end-user, the market is segmented into pharmaceutical & biotechnology, CROs, academic and research institutes, and other end users. The pharmaceutical & biotechnology segment accounts for a majority share in the global high-performance liquid chromatography (HPLC) market. The CROs segment is expected to register the highest growth over the forecast period.

Global High-performance Liquid Chromatography (HPLC) Market by Formulation, 2018

On the basis of region, the market is segmented into North America, Europe, APAC, South America, and Middle East Africa. North America accounts for the majority share in the global high-performance liquid chromatography (HPLC) market, followed by Europe. APAC is expected to register the highest growth rate over the forecast period, owing to the growing usage of chromatography in the purification technique of monoclonal antibodies. Regions such as South America and MEA are expected to register stable growth over the forecast period.

The research report on the global High-performance Liquid Chromatography (HPLC) market includes profiles of some of the major companies such as Thermo Fisher Scientific Inc. Agilent Technologies, Inc., Shimadzu Corporation, and Waters Corporation, Bio-Rad Laboratories, Inc., PerkinElmer, Inc., General Electric Company, Danaher Corporation.

Key Market Segments

Type

• Instruments
• Consumables
• Accessories

Application

• Pharmaceutical & Biotechnology
• CROs
• Academic and Research Institutes

Key Market Players included in the report:

• Thermo Fisher Scientific Inc.
• Agilent Technologies Inc.
• Shimadzu Corporation
• Waters Corporation
• Bio-Rad Laboratories Inc.
• PerkinElmer Inc.
• General Electric Company
• Danaher Corporation

For the High-performance Liquid Chromatography (HPLC) Market research study, the following years have been considered to estimate the market size: