Global High-Performance Liquid Chromatography Market 2024 - By Size, Drivers, Trends, Competitors
The high-performance liquid
chromatography global market report 2024 from The Business Research Company
provides comprehensive market statistics, including global market size,
regional shares, competitor market share, detailed segments, trends, and opportunities.
This report offers an in-depth analysis of current and future industry
scenarios, delivering a complete perspective for thriving in the industrial
automation software market.
High-Performance Liquid
Chromatography Market, 2024 report by
The Business Research Company offers comprehensive insights into the current
state of the market and highlights future growth opportunities.
Market Size -
The high-performance liquid
chromatography market size has grown strongly in recent years. It will grow
from $5.84 billion in 2023 to $6.32 billion in 2024 at a compound annual growth
rate (CAGR) of 8.3%. The growth in the historic period can be
attributed to increase in pharmaceutical research, rise in food and beverage
analysis, rise in demand from environmental testing, increase in increased use
in clinical diagnostics, rise in research and development.
The high-performance liquid
chromatography market size is expected to see rapid growth in the next few
years. It will grow to $9.3 billion in
2028 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be
attributed to increasing drug safety and quality assurance, demand from
precision medicine, expansion of cannabis testing, increasing environmental
monitoring, increasing method development. Major trends in the forecast period
include advanced detectors, high-throughput hplc, green and sustainable hplc,
uhplc adoption, lc-ms integration.
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Scope Of High-Performance
Liquid Chromatography Market
The Business Research Company's
reports encompass a wide range of information, including:
1. Market Size (Historic and
Forecast): Analysis of the market's historical performance and projections for
future growth.
2. Drivers: Examination of the key
factors propelling market growth.
3. Trends: Identification of
emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the
market into its primary segments and their respective performance.
5. Focus Regions and Geographies:
Insight into the most critical regions and geographical areas influencing the
market.
6. Macro Economic Factors:
Assessment of broader economic elements impacting the market.
High-Performance Liquid
Chromatography Market Overview
Market Drivers -
An increase in the prevalence of
chronic diseases is expected to propel the growth of the high-performance
liquid chromatography market going forward. Chronic diseases such as cancer,
heart disease, stroke, diabetes, and arthritis are diseases that often last for
a longer time and require more medical attention. High-performance liquid
chromatography (HPLC) analyzes any medications in order to validate their
identity, provide quantitative data, and track the progress of illness therapy.
It may also be utilized to advance the understanding of normal and pathological
processes in the human body through biological and therapeutic research prior
to medication licensing which in turn is boosting the growth of the market. For
instance, in 2021, according to the Chronic Disease Burden Report 2021,
published by the Pennsylvania Department of Health, a US-based government
institution in charge of administering and regulating healthcare services,
every year, over 659,000 Americans die as a result of heart disease, accounting
for roughly one-quarter of all deaths in the country. Medical costs for heart
disease and stroke are estimated to be around $200 billion per year, with lost
productivity on the job costing around $131 billion. Cancer is the second
largest cause of death in the United States, after heart disease. Every year,
around 1.6 million individuals are diagnosed with cancer, and 600,000 people
die from it. Cancer care costs are projected to exceed $245 billion by 2030 .
Therefore, the increase in the prevalence of chronic diseases is driving the
growth of the high-performance liquid chromatography market.
The high-performance liquid
chromatography market covered in this report is segmented –
1) By Product: Instruments,
Consumables, Accessories
2) By Application: Clinical
Research, Diagnostics, Forensic, Other Applications
3) By End-User:
Pharmaceutical And Biotechnology Industries, Diagnostic Laboratories, Food And
Beverage Industry, Academic And Research Institutes, Others End-Users
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high-performance liquid chromatography
market, Request now for Sample Report @
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Regional Insights -
North America was the largest
region in the high-performance liquid chromatography market analysis in 2023.
Asia-Pacific is expected to be the fastest-growing region in the global high
performance liquid chromatography market during the forecast period. The
regions covered in the high-performance liquid chromatography market report
include Asia-Pacific, Western Europe, Eastern Europe, North America, South
America, Middle East and Africa.
Key Companies -
Major companies operating in the
high-performance liquid chromatography market include Waters Corporation, Agilent Technologies
Inc., Shimadzu Corporation, Thermo Fisher Scientific Inc., PerkinElmer Inc., GE
Healthcare, Bio-Rad Laboratories Inc., Merck Millipore, Hitachi Ltd.,
Phenomenex Inc., JASCO Corporation, Gilson Inc., Knauer GmbH, SIELC
Technologies, Tosoh Bioscience LLC, YMC Co. Ltd., GL Sciences Inc., Sepax
Technologies Inc., Restek Corporation, Hamilton Company, ACE HPLC Columns,
Advanced Chromatography Technologies Ltd., Alltech Associates Inc., Analytical
Sales and Services Inc., Chromatography Research Supplies Inc., Daicel
Corporation, Eksigent Technologies LLC, W. R. Grace & Co., Hichrom Limited
Table of Contents
1. Executive Summary
2. High-Performance Liquid
Chromatography Market Report Structure
3. High-Performance Liquid
Chromatography Market Trends And
Strategies
4. High-Performance Liquid
Chromatography Market – Macro Economic
Scenario
5. High-Performance Liquid
Chromatography Market Size And Growth
…..
27. High-Performance Liquid
Chromatography Market Competitor
Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential
Analysis
30. Appendix
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