The global Chromatography Reagents market size was valued USD 8.5 billion in 2021 and is expected to rise to USD 14.2 billion by 2030 at a CAGR of 5.9%.
FrequentlyAsked Questions
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 with a compound annual growth rate (CAGR) of roughly 5.9% between 2022 and 2030.
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.
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