Danaher Corporation (US) and Thermo Fisher Scientific Inc. (US) are Leading Players in the Preparative and Process Chromatography Market
The global preparative and process chromatography market is projected to reach USD 15.6 billion by 2028 from USD 11.3 billion in 2023, at a CAGR of 6.8% during the forecast period. Growth in this market is attributed by the growing need for insulin and other biopharmaceutical products, demand for omega-3 fatty acids is on the rise, and food safety concerns are increasing
The preparative and process chromatography market is competitive and is dominated by various players. The major players operating in this market are Thermo Fisher Scientific Inc. (US), Merck KGaA (Germany), Danaher Corporation (US), Sartorius Ag (Germany), and Bio-Rad Laboratories, Inc. (US). These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities to further expand their presence in the preparative and process chromatography market.
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DANAHER CORPORATION (US)
Danaher Corporation (US) is a leading player in the preparative and process chromatography market in 2022. In the preparative and process chromatography market, Danaher operates through its various subsidiaries, such as Phenomenex Inc., Cytiva, SCIEX, and Pall Corporation, through the biotechnology segment. The company holds a strong position in the market owing to the strategies undertaken; for instance, in 2021, SCIEX and Evosep collaborated to provide robust, high-throughput proteomics workflows.
THERMO FISHER SCIENTIFIC, INC. (US)
Thermo Fisher Scientific Inc. (US) held the second position in the preparative and process chromatography market in 2022. The company’s strong position in the market can be primarily attributed to its product portfolio. The company offers a wide range of chromatography products ranging from consumables to sophisticated systems. Besides, the company also has a strong geographic presence, which is the main factor in the company’s strong customer base. Thermo has employed various strategies to strengthen the company’s position in the market. For instance, in 2023, it acquired MarqMetrix, a privately held developer of Raman-based spectroscopy solutions for inline measurement.
MERCK KGAA (GERMANY)
Merck KGaA (Germany) held the third position in the preparative and process chromatography market in 2022. The company operates through the Life Sciences segment in the preparative and process chromatography market. Life Sciences is further categorized into Process Solutions, Science & Lab Solutions, and Life Science Services. The Life Sciences segment has recorded a growth of 8.2% revenue compared to the previous year, with the largest contribution from Science & Lab Solutions (47%), Process Solutions (44%), followed by Life Science Services (9%).
Related Reports:
Preparative and Process Chromatography Market by Type (Preparative Chromatography (Chemicals & Reagents, Resins (Affinity, HIC, Ion Exchange), Columns, Systems, Services), Process Chromatography), End User (Pharma, Biotech) - Global Forecast to 2028
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