With the rapid advances in technology in the field of portable systems and devices, portable analytics systems are gaining immense popularity across the world. These systems offer real-time, direct, and on-site measurements of inorganic and organic analytes in samples on the field. Portable chromatography systems provide on-site screening possibilities to end-users like laboratory technicians and environmental analysts. They also help in the subsequent selection of samples for routine laboratory analysis to maximize the accuracy of results from such analysis. Portable chromatography systems are also useful in situations that require an emergency response such as a calamity disaster. As a result, the demand for handheld systems that offer higher portability is increasing, which will impact the growth of the chromatography.
As per Technavio, the increasing applications of chromatography systems will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global chromatography market 2019-2023 research report also analyzes other significant trends and market drivers that will affect market growth over 2019-2023.
Global chromatography market: Increasing applications of chromatography systems
Chromatography systems are being used in a wide range of applications including environmental monitoring, the petrochemical, and food and beverage industries among others. Gas chromatography systems are used to prevent thermal cracking of heat transfer fluids as heat transfer fluids are used in applications like plastics processing, chemical processing, hydrocarbon processing, food and beverage processing, and heat processing. They are also increasingly used in brownfield sites as these sites are witnessing continuous leaks of diesel and fuel oil from tanks buried in the sites. Further, with stringent regulations on additives in food and the contamination of food by chemicals that have harmful effects in the body, the demand for chromatography is increasing to analyze food samples. Thus, the increasing applications of chromatography will positively impact the growth of the chromatography market during the forecast period.
“With the rising demand for chromatography for a range of applications in various industries, vendors in the market are focusing on strategic developments such as product innovations to extend their product portfolios and ensure the availability of products among end-users. The key strategies that are being adopted include the launch of new products, product approvals, joint ventures, acquisitions, partnerships, and new investments. Such strategies will significantly contribute to market growth during the forecast period,” says a research analyst at Technavio.
Global chromatography market: Segmentation analysis
This market research report segments the global chromatography market by product (life science, research, and others) and geographic regions (North America, Europe, Asia, and ROW).
The North American region led the market in 2018, followed by Europe, Asia, and ROW respectively. The market growth in North America can be attributed to the growing focus on drug and vaccine discovery and development, recent advances in biotechnology and pharmaceutical research, and the presence of several vendors in the region offering a wide range of chromatography systems.
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- Market characteristics
- Market segmentation analysis
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- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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