DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "High-performance Liquid Chromatography (HPLC) Market - Analysis & Global Forecast to 2021" report to their offering.
The high-performance liquid chromatography (HPLC) market is projected to reach USD 4.13 Billion by 2021 from an estimated USD 3.23 Billion in 2016, growing at a CAGR of 5.1% during the forecast period.
The demand for HPLC systems is increasing due to their growing requirement in the life sciences, pharmaceutical and diagnostic industries. Due to their rising demand, manufacturers are focusing on developing better technologies that help researchers with high-quality analysis. Moreover, the high sensitivity and accuracy of HPLC techniques, growing popularity of LC-MS technique, growing importance of HPLC tests in drug approvals, and increasing life science R&D spending are the key factors driving the growth of the market. However, the high cost of HPLC systems is restraining the growth of the market to a certain extent.
The global HPLC market is segmented on the basis of product, application, and region. In 2016, North America is expected to account for the largest share of the global HPLC market, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). Asia-Pacific is projected to have the highest growth rate in the forecast period. The high growth rate of this segment can be attributed to factors such as growth in biomedical and medical research in Japan, strategic expansions by key players in China, increasing government initiatives and growing pharmaceutical industry in India, and the favorable regulatory scenario in New Zealand and Australia.
- Agilent Technologies, Inc.
- Bio-Rad Laboratories, Inc.
- GE Healthcare
- Gilson, Inc.
- Jasco, Inc.
- Perkinelmer, Inc.
- Phenomenex, Inc.
- Shimadzu Corporation
- Thermo Fisher Scientific Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 High-Performance Liquid Chromatography Market, By Product
7 High-Performance Liquid Chromatography Market, By Application
8 High-Performance Liquid Chromatography Market, By Region
9 Competitive Landscape
10 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/h7lcw9/highperformance