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Preparative and Process Chromatography Market worth $9 Billion by 2019
The report “Preparative and Process Chromatography Market by Instruments (Liquid & Gas, HPLC, Flash), Consumables (Columns, Solvents, Buffers, Valves, Gauges, Seals), Accessories, Service, End User (Biotechnology, Pharmaceutical, Food & Agriculture) - Forecasts to 2019”, provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the preparative and process chromatography market along with the estimates and forecasts of the revenue and share analysis.
Browse 221 market data tables and 42 figures spread through 250 pages and in-depth TOC on “Preparative and Process Chromatography Market by Instruments (Liquid & Gas, HPLC, Flash), Consumables (Columns, Solvents, Buffers, Valves, Gauges, Seals), Accessories, Service, End User (Biotechnology, Pharmaceutical, Food & Agriculture) - Forecasts to 2019”
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The global Preparative and Process Chromatography Market is expected to reach $9 billion by 2019 from $6.4 billion in 2014, growing at a CAGR of 7.1% from 2014 to 2019.
The report segments this market on the basis of products and services, and end user. Among various end users, the Biotechnology and Pharmaceutical Industries segment is expected to account for the largest share in 2014 and is is expected to grow at the highest CAGR from 2014 to 2019. Biotechnology and Pharmaceutical companies extensively use this technique for purification and separation various pharmaceutical and biopharmaceutical products, which is a major reason for its high share. Pharmaceutical and biotechnology companies are focusing on the development of innovative treatment as the demand for innovative treatment is increasing due to increasing chronic disease incidence. This is the major reason for the high growth of this segment.
Based on geography, the global preparative and process chromatography market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). However, Asia is poised to grow at the highest CAGR during the forecast period. This growth is attributed by growing demand for preparative and process chromatography procedures for life sciences, biotechnology, chemicals, pesticide, food and beverage, and other similar industries, rising focus of major players in the Asian market, and rising number of investment in end user industries among others.
Key players in the Preparative and Process Chromatography Market include Agilent Technologies (U.S.), Akzonobel (Netherlands), Bio-Rad Laboratories (U.S.), Daicel Corporation (Japan), DAISO Co. Ltd. (Japan), GE Healthcare (U.S.), Merck Millipore (U.S), Novasep (France), Pall Corporation (U.S), Thermo Fisher Scientific (U.S.) and Waters Corporation (U.S.) amongst others.
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