The Chromatography Instruments Market is expected to expand from USD 8.6 billion in 2020 to USD 11.0 billion by 2025, growing at a steady CAGR of 5.1% during the forecast period.

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Market Dynamics

Drivers:

1.1 Policies and initiatives to reduce environmental pollution levels

1.2 Growing food safety concerns  

1.3 Increasing investments in pharmaceutical R&D  

1.4 Importance of chromatography tests in the drug approval process  

1.5 Rising popularity of hyphenated chromatography techniques

Restraints:

2.1 High cost of chromatography equipment  

2.2 Dearth of skilled professionals

Opportunities:

3.1 Increasing demand for chromatography instruments in emerging markets

3.2 Growing proteomics and genomics markets  

3.3 Application of chromatography in the purification of monoclonal antibodies

3.4 Advancements in gas chromatography columns for petrochemical applications

Market Segmentation:

The market is segmented into various types, including liquid chromatography (LC) systems, gas chromatography (GC) systems, supercritical fluid chromatography (SFC) systems, and thin-layer chromatography (TLC) systems. The liquid chromatography systems segment is expected to lead the market and show the highest CAGR.

In terms of consumables & accessories, it includes various components such as columns, autosamplers, flow management accessories, solvents/reagents/adsorbents, detectors, and more.

The end-user industry spans life science, academic & research institutes, oil & gas, environmental agencies, food & beverage, and other sectors. The life science industry is set to dominate, driven by increased R&D investments by pharmaceutical & biotechnology companies.

Regional Analysis:

North America is poised to take the lead in the global market, followed by Europe. However, the Asia Pacific region is expected to witness the highest CAGR. This growth can be attributed to increased R&D funding in healthcare, a surge in metabolomics research studies, and a growing food and agricultural industry.

Recent Developments:

• In 2020, Waters Corporation (US) acquired Andrew Alliance (Switzerland) to expand its technology portfolio.
• Thermo Fisher Scientific (US) launched the Thermo Scientific Vanquish Core HPLC systems in 2020.
• Hitachi (Japan) acquired all remaining shares of Hitachi High-Technologies in 2020 and announced it as a subsidiary responsible for manufacturing measuring and analytical equipment.

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Top Key Players:

Leading players in the chromatography instruments market include Agilent Technologies (US), Waters Corporation (US), Shimadzu (Japan), Thermo Fisher Scientific (US), PerkinElmer (US), Merck KGaA (Germany), Phenomenex (US), Bio-Rad Laboratories (US), Cytiva (US), Hitachi (Japan), and Restek Corporation (US), among others.  

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