The global high performance liquid chromatography market is anticipated to grow at a healthy 5% CAGR between 2020 and 2026. The coronavirus outbreak is anticipated to moderately impact the market owing to lockdown restrictions, and postponement of elective medical procedures. On the other hand, high performance liquid chromatography has potential in vaccine development processes for the virus, which is lucrative for market players in the short term.
“Apart from primary applications in the manufacturing and pharmaceutical sectors, niche applications of high-performance liquid chromatography in legal drug testing and bio research verticals will drive up market growth opportunities for the foreseeable future,” says the study authors.
Message me to request a sample of the report to gain in-depth market insights
High Performance Liquid Chromatography (HPLC) Market- Key Takeaways
High Performance Liquid Chromatography (HPLC) Market- Driving Factors
Critical application in the process of drug approvals is a major contributor to market growth.
Adoption of alternatives to spectroscopic analysis methods provides lucrative opportunities to market players.
High Performance Liquid Chromatography (HPLC) Market- Key Restraints
Prohibitive costs of high-performance liquid chromatography devices hold back adoption rates.
Shortage of adequately skilled technicians is a major challenge to market players.
COVID-19 Impact on High Performance Liquid Chromatography (HPLC) Market
The coronavirus pandemic has resulted in major investments into covid-19 vaccine development, which requires research on structural biology, creating potentially lucrative opportunities for players in the high-performance liquid chromatography market. On the other hand, restrictions on elective medical services will hold back HPC applications in the short term, hurting profitability in the months to come.
For More Detailed Information about Methodology,Message Me
Phenomax Inc., Bio-Rad Laboratories Inc., Gilson Inc., Thermo Fisher Scientific Inc., PerkinElmer Inc., Agilent Technologies Inc., Shimadzu Corp., Waters Corp., and GE Healthcare are some prominent high-performance liquid chromatography (HPLC) market players.
Leading participants in the high-performance liquid chromatography (HPLC) market are largely invested in product innovation and product launch efforts to widen their portfolios and boost functionality.
For example, GE Healthcare has announced the development of a new HPLC resin for Fc-containing recombinant proteins. Waters Corp has unveiled a new high-performance liquid chromatograph ARC system for pharma, food, and material applications. Further, Thermo Fisher Scientific has launched the new Vanquish Core HPLC systems for routine lab applications.
About the Report
This study offers readers a comprehensive market forecast of the high-performance liquid chromatography (HPLC) market. Global, regional and country-level analysis of the latest industry trends impacting the high-performance liquid chromatography (HPLC) market is covered in this study. The report offers insights on the high-performance liquid chromatography (HPLC) market on the basis of product type (instruments, consumables, and accessories), and end user (pharma and biotechnology, diagnostic lab, food & beverage, research, and others), across five regions (North America, Latin America, Europe, Asia Pacific, and MEA).
To Get more insights on high performance liquid chromatography (HPLC) market, message me
Edit your job
Opening message is automatically displayed as your first message in the order detail page.
There are no extra services
Welcome to Freelance Global Gigs.
Post your Gigs at Freelance Global Gigs - We have opportunities for everyone.