Market Size in 2021 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 8.5 Billion | USD 14.2 Billion | 5.9% | 2021 |
FrequentlyAsked Questions
Chromatography is a technique for dissolving mixtures into two phases and then separating the components. While the mobile phase moves the mixture's components across the applied medium, the stationary phase remains fixed.
The industry will grow as a result of the regulatory standards for drug development and safety becoming more strict, as well as the rise in clinical trial projects and R&D activities for therapeutic areas. Additionally, the rising purchasing power of large research institutions spurred by the availability of funding from various organizations and higher R&D spending on proteomics is expected to fuel market expansion.
According to the report, the global chromatography reagents market size was worth around USD 8.5 billion in 2021 and is predicted to grow to around USD 14.2 billion by 2030.
The global chromatography reagents market is expected to grow at a CAGR of 5.9% during the forecast period.
The global chromatography reagents market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market owing to the increasing demand for chromatography techniques from the food and pharmaceutical industries.
The global chromatography reagents market is dominated by players like Bio-Rad Laboratories, Inc., Avantor Performance Materials, Inc. (Avantor), Santa Cruz Biotech, Inc., Merck Millipore (Merck Group), Regis Technologies, Inc., Sigma-Aldrich Corporation (Merck Group), Thermo Fisher Scientific, Inc., Loba Chemie, GE Healthcare (General Electric), and Linde, among others.
The global chromatography reagents market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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