High Performance Liquid Chromatography (HPLC) Market Size, Share, Opportunities, And Trends By Product (Instruments, Consumables, Accessories), By Application (Manufacturing, Research, Law Enforcement, Medical, Others), And By Geography - Forecasts From 2023 To 2028
- Published : Feb 2023
- Report Code : KSI061610974
- Pages : 129
Offered with this report
Market Data and Estimates in Excel
2 Months of Post Sale Analyst Support
Requirement Specific Customization
High-Performance Liquid Chromatography Market is projected to grow from US$4.462 billion in 2017 to US$5.672 billion in 2022, growing at a CAGR of 4.91% over the forecast period.
High-Performance Liquid Chromatography (HPLC) is a technique that helps in separating and identifying components in a mixture. Ongoing research and development are contributing to expanding the application of HPLC applications in the medical, research, and manufacturing sectors. Moreover, the high sensitivity and accuracy of HPLC endorse its increasing adoption by law enforcement agencies for detecting performance-enhancement drugs in urine, thereby augmenting the market growth. HPLC tests are gaining prominence for drug approvals as many countries have started focusing on using this technology. Other factors such as the growing popularity of the LC-MS technique and surging life sciences R&D spending are also propelling the HPLC market growth. However, high-cost equipment will be a key challenge to market growth over the forecast period. Manufacturers are increasingly focusing on developing improved technologies that can help researchers with high-quality analysis. This will push the HPLC market growth upwards over the next five years. Moreover, developing economies like China and India are expected to create numerous opportunities for HPLC equipment vendors over the projected period.
By Product
The instrument segment accounted for a notable market share in 2016 owing to the increasing use of HPLC equipment for analysis across various sectors. However, the consumables segment is expected to grow at a high rate over the projected period. The growth is majorly driven by technological advancements in the HPLC for consumables. The growing investments in the healthcare sector and expanding importance of HPLC in drug approval are significantly contributing to the segment’s growth.
By Geography
Geographically, North America accounted for the major market share in 2016 and will remain a key regional market over the forecasted period. The extensive R&D spending in the United States is the primary factor boosting this regional market growth. Moreover, the flourishing pharmaceuticals industry in Canada is significantly contributing to the high North American regional market share. However, Asia Pacific is projected to witness high growth over the projected period owing to high demand for these systems from China and India, because of increasing investments by the government and private players in the pharmaceuticals and research sector.
Competitive Insight
The major players discussed in the report include Shimadzu Corporation, Agilent Technologies, Phenomenex, Thermo Fisher Scientific, Waters Corporation, Jasco, PerkinElmer, Novasep, Bio-Rad Laboratories, and Gilson.
The global HPLC market is dominated by a few players owing to their capability to invest in continuous research and development. Moreover, the need for skilled labor and knowledge coupled with high initial investment restricts the entry of new entrants which further enhances the position of existing players.
Segmentation
The High-Performance Liquid Chromatography market has been segmented by product, application, and geography.
- By Product
- Instruments
- Consumables
- Accessories
- By Application
- Manufacturing
- Research
- Law Enforcement
- Medical
- Others
- By Geography
- Americas
- North America
- South America
- Europe Middle East and Africa
- Europe
- Middle East and Africa
- Asia Pacific
1. Introduction
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. Key Findings of the Study
4. Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Consumers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitute
4.5.5. Competitive Rivalry within the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
5. Global High-Performance Liquid Chromatography Market Forecast by Products (US$ billion)
5.1. Instruments
5.1.1. By Application
5.1.2. By Geography
5.2. Consumables
5.2.1. By Application
5.2.2. By Geography
5.3. Accessories
5.3.1. By Application
5.3.2. By Geography
6. Global High-Performance Liquid Chromatography Market Forecast by Application (US$ billion)
6.1. Manufacturing
6.1.1. By product
6.1.2. By Geography
6.2. Research
6.2.1. By product
6.2.2. By Geography
6.3. Legal
6.3.1. By product
6.3.2. By Geography
6.4. Medical
6.4.1. By product
6.4.2. By Geography
6.5. Others
6.5.1. By product
6.5.2. By Geography
7. Global High-Performance Liquid Chromatography Market Forecast by Geography (US$ billion)
7.1. Americas
7.1.1. North America
7.1.1.1. By Product
7.1.1.2. By Application
7.1.2. South America
7.1.2.1. By Product
7.1.2.2. By Application
7.2. Europe Middle East and Africa
7.2.1. Europe
7.2.1.1. By Product
7.2.1.2. By Application
7.2.2. Middle East and Africa
7.2.2.1. By Product
7.2.2.2. By Application
7.3. Asia Pacific
7.3.1.1. By Product
7.3.1.2. By Application
8. Competitive Intelligence
8.1. Market Share of Key Players
8.2. Investment Analysis
8.3. Recent Deals
8.4. Strategies of Key Players
9. Company Profiles
9.1. Shimadzu Corporation
9.1.1. Overview
9.1.2. Financials
9.1.3. Products and Services
9.1.4. Recent Developments
9.2. Agilent Technologies
9.2.1. Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Recent Developments
9.3. Phenomenex
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Recent Developments
9.4. Thermo Fisher Scientific
9.4.1. Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Recent Developments
9.5. Waters Corporation
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Recent Developments
9.6. Jasco
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Recent Developments
9.7. PerkinElmer
9.7.1. Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Recent Developments
9.8. Novasep
9.8.1. Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Recent Developments
9.9. Bio-Rad Laboratories
9.9.1. Overview
9.9.2. Financials
9.9.3. Products and Services
9.9.4. Recent Developments
9.10. Gilson
9.10.1. Overview
9.10.2. Financials
9.10.3. Products and Services
9.10.4. Recent Developments
List of Tables
List of Figures
Shimadzu Corporation
Agilent Technologies
Phenomenex
Thermo Fisher Scientific
Waters Corporation
Jasco
PerkinElmer
Novasep
Bio-Rad Laboratories
Gilson
Related Reports
| Report Name | Published Month | Get Sample PDF |
|---|---|---|
| Integrated Passive Devices Market Size & Share: Report, 2023 - 2028 | Feb 2023 | |
| Emission Monitoring Systems Market Size: Report, 2023-2028 | Feb 2023 | |
| Wafer Processing And Assembly Equipment Market Size: 2023 – 2028 | Feb 2023 | |
| Dielectric Etchers Market Size, Share & Industry Reports: till 2028 | Feb 2023 | |
| Indium Phosphide Wafer Market Size: Industry Report, 2023-2028 | Feb 2023 |