A recent report published by Infinium Global Research on high-performance liquid chromatography (HPLC) market provides an in-depth analysis of segments and sub-segments in global as well as regional high-performance liquid chromatography (HPLC) market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional high-performance liquid chromatography (HPLC) market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global high-performance liquid chromatography (HPLC) market. According to the report, the global high-performance liquid chromatography (HPLC) market is projected to grow at a CAGR of 5.4% over the forecast period of 2018-2024.

Market Insight

High-performance liquid chromatography (HPLC) is an analytical technique used for the separating, identifying and quantifying individual components in the mixtures used in the fields of analytical chemistry, biochemistry and industrial. HPLC instrument includes a sampler, degasser, detector, and pumps. In HPLC, a sample mixture passes through Colum under pressure for separation of a sample component. HPLC is used in different industrial and scientific applications including food, the pharmaceutical industry, environmental, forensic science, and chemicals.

HPCL plays a crucial role in pharmaceutical industries. The HPLC is used to detect and qualify the products and the RAW materials used in the manufacturing of pharmaceutical products. The HPLC is being vastly used in the food industries to identify and qualify the artificial sweeteners, antioxidants and many other additives used in food processing, nowadays. Growing demand for HPLC in the food industry for quality control and pharmaceutical labs for analysis are the key factors driving the growth of high-performance liquid chromatography (HPLC) market. In addition, increasing usages of the HPLC in the drug development procedure and increasing scientific research and development expenditure in the pharmaceutical industries are key factors that boost the market. Moreover, HPLC is the most popular technique in environmental analysis for detecting environmental pollutants. However, the high cost of HPLC equipment is a major factor hampering the growth of high-performance liquid chromatography (HPLC) market. Going further, rapidly growing adoption of HPLC in forensic science and biochemical applications are expected to create huge opportunities for the market during the forecast period. Technological advancement such as availability of ultrahigh-performance liquid chromatography (UHPLC) which is capable of using smaller size particles leads to an increase in efficiency, optimal velocity and mass transfer in liquid chromatography, which will further offer growth opportunities for the market.

Among the regions, North America holds the largest share in the HPLC market followed by Europe. The accessibility of updated technology and rising funding in the research and development activities are driving the growth of HPLC in the North America region. In addition, presences of key players in this region and technological advancement are key factors supporting the growth of the market in the North America region. Furthermore, Asia-Pacific is the fastest growing region in the HPLC market owing to increasing pharmaceutical industry in emerging countries.

Segment Covered

The report on global high-performance liquid chromatography (HPLC) market covers segments such as product type and end-use applications. On the basis of product type, the global high-performance liquid chromatography (HPLC) market is categorized into instruments and consumables. On the basis of end-use applications, the global high-performance liquid chromatography (HPLC) market is categorized into pharmaceutical industries, biochemical, food industry, industrial chemicals, forensic science, clinical chemistry, and others.

Geographic Coverage

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while the Asia-Pacific region includes countries such as China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are the major markets included in the European region. The U.S. drives the growth in the North America region, as it is the largest market in the region. In the Asia-Pacific region, rapid industrial growth in India and China offer a substantial potential for the growth in the high-performance liquid chromatography (HPLC) market. As a result, the APAC region is projected to experience a growth at a CAGR of x.x% over the forecast period 2018-2024.

Companies Profiled:

The report provides profiles of the companies in the global high-performance liquid chromatography (HPLC) market such as Water Corporation, Agilent Technologies, IDEX Health & Science LLC, Shimadzu Corporation, Gilson Incorporated, JASCO Corporation, PerkinElmer, Inc, Thermo Fisher Scientific Inc, Bio-Rad Laboratories, Inc, and Phenomenex Inc.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global high-performance liquid chromatography (HPLC) market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of high-performance liquid chromatography (HPLC) market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the high-performance liquid chromatography (HPLC) market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the high-performance liquid chromatography (HPLC) market to understand the present and future trends in this market and formulate their strategies accordingly.