HOME Research Insight Market Demand for Chromatography Accessories and Consumables Market



Market Demand for Chromatography Accessories and Consumables Market


The global chromatography accessories and consumables market is a technology driven market. In this market, technologies as well as their adoption by end users witness a rapid change. The market demands significant investments in R&D, in order to constantly come up with new innovative products and technologies. Through the development of innovative products, players in the chromatography accessories and consumables market compete against each other, in order to enhance their market share. Also, major players in this market are focusing on investments in emerging countries in the Asia-Pacific region, which represents the highest growth rate for this market.

New product launches, followed by expansions, mergers and acquisitions, agreements, partnerships, and collaborations are the key growth strategies adopted by major players, in order to ensure their growth in this market. The strategy of new product launches was mainly adopted by Thermo Fisher Scientific, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Phenomenex, Inc. (U.S.), and GE Healthcare (U.K.). Companies adopted this strategy in order to expand their product portfolio and strengthen their market presence.

A number of small, mid-sized emerging players and large players are present in the global chromatography accessories and consumables market. The degree of competiveness amongst these players is high. Moreover, many new players are entering this market, which is increasing the level of competition. At the same time, existing players are focusing on increasing their product differentiation, to reduce competition and maintain their market share.

Agilent Technologies, Inc. (U.S.), which holds a share of about 24% of global chromatography accessories and consumables market, dominates the market. Agilent Technologies, Inc. (U.S.), Waters Corporation (U.S.), Shimadzu Corporation (Japan), Thermo Fisher Scientific, Inc. (U.S.), and PerkinElmer, Inc. (U.S.) jointly dominate the market with ~71% share.

Agilent Technologies, Inc. (U.S.) offers a broad portfolio of LC & LC/MS Technologies and GC & GC/MS Technologies. From September 19, 2013 onwards, Agilent separated into two public companies, namely, The New Agilent Technologies which includes life sciences, diagnostics, and applied markets (LDA) and another company that develops electronic measurement systems (EM). The company is gaining more customers through its innovative products and by acquiring key businesses in analytical technologies.

Waters Corporation (U.S.) is in the industry since more than a half century. The company has an expertise in LC accessories and consumables, including HPLC, UHPLC, SFC (Supercritical Fluid Chromatography), and GPC (Gel-permeation Chromatography). Innovation is the company’s prime strength and has helped it to sustain its brand equity. However, due to the economic downturn, the company’s revenue decreased in 2012. It can focus on other growth strategies such as geographic expansions and acquisitions, to strengthen its product portfolio and build a better network for increasing its customer base.

                 Request Sample                 Request Sample

Related Reports:

Chromatography Accessories and Consumables Market by Types (Columns, Autosamplers, Vials, Detectors, Fraction Collectors, Pressure Regulators, Degassers), by Technology (LC (HPLC, UHPLC, Flash), GC), by End-users - Trends & Global Forecasts to 2018
http://www.marketsandmarkets.com/Market-Reports/chromatography-accessories-consumables-market-1294.html

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports