Chromatography Columns Market Trends Stepping Up with a Competent CAGR Value

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Chromatography Columns Market Size is projected to grow to USD 18.54 billion by 2030, exhibiting a (CAGR) of 5.80% during the forecast period (2023 – 2030)

Chromatography Columns Market Overview

TheChromatography Columns Market researchreporthas valued the industry size at USD 12.5 billion in 2022 and is projected to grow from USD 13.22 Billion in 2023 to USD 18.54 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.80% during the forecast period (2023 2030).

Top Drivers and Deterrents

It is anticipated that the chromatography columns market will be thriving at a stunning pace, on account of the dramatic rise in exhaustive research and development activities in the analytical departments related to the biotechnology and pharmaceutical sector. Other factors include the surge in alliances between major research institutes, beverage and food drug development firms.

The chromatography columns market shall also receive a substantial boost from the rapidly soaring demand for a variety of biopharmaceutical products like monoclonal antibodies vaccines, GDP and GMP certifications for pharmaceutical excipients, and drug discovery applications. Increasing spending on novel molecules within the nutraceuticals space, and the rampant need for products and devices with international quality standards would further enhance the market share in the following years.

Market Segmentation

The market for chromatography columns has been considered for column type, chromatography type, application, as well as end user.

Depending on column type, the market caters to pre-packed chromatography columns, automated chromatography columns, and normal phase chromatography columns. The pre-packed chromatography columns category is on track to attain the top position, in view of this types huge demand on accounts of its easy to use and time-saving properties.

With respect to chromatography type, the key segments can be affinity chromatography, ion-exchange chromatography, size exclusion chromatography, gas chromatography, and more.

Major applications listed in the research report are sample preparation, anion and cation exchange, protein purification, desalting, and resin screening.

The end users profiled in the study are food beverage manufacturers, pharmaceutical biotechnology companies, research institutes, and others. In 2020, the lea was taken by pharmaceutical biotechnology companies, thanks to the extensive deployment of chromatography columns to conduct vigorous RD activities. Also, massive spending by pharmaceutical and biotechnology firms to create new therapeutics, will also elevate the segments position in the years ahead.

Regional Insight

North America, with the biggest portion of the global market, has attained the highest position as a result of the presence of well-known chromatography column developers such as Agilent Technologies, Inc. (US), Bio-Rad Laboratories, Inc. (US), and Thermo Fisher Scientific Inc. (US). Sizeable RD spending and the fact that majority of the manufacturers are focused on launching new products and solutions with better quality and features, to gain a higher presence in the region facilitates business growth as well.

The chromatography columns market size in Europe is expected to be fostered by the vast pool of renowned players such as Biotage (Sweden), KNAUER WissenschaftlicheGerte GmbH (Germany), and Merck KGaA (Germany). These companies emphasize on manufacturing new and highly advanced products, while also seeking product approval from regulatory entities to elevate their presence in the region, a factor that should benefit the market in the following years.

Rapidly emerging countries such as India and Japan in APAC have well-established healthcare infrastructure that is steadily improving, backed by government support. Presence of several affluent developers in the region such as Shimadzu Corporation (Japan), and Daicel Corporation (Japan), will also favor the chromatography columns market in the future.

Reputed Firms

Agilent Technologies, Inc. (US), Daicel Corporation (Japan), Shimadzu Corporation (Kyoto), Merck KGaA (Germany), Thermo Fisher Scientific Inc. (US), Biotage (Sweden), Waters (US), KNAUER WissenschaftlicheGerte GmbH (Germany), PerkinElmer Inc. (US), Bio-Rad Laboratories Inc. (US) are the biggest contenders studied in thechromatography column market report.

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