High Performance Liquid Chromatography Market Estimated to Record Highest CAGR b

Posted by Sachin Darakhe on September 24th, 2019

High performance liquid chromatography (HPLC) is one of the techniques used to separate, quantitate, and identify components in the given mixture. It is considered one of the powerful tools in analytical chemistry. HPLC is a type of column chromatography in which the solvent containing the sample mixture is passed through a column containing adsorbent material, using a pressure pump. The component in the sample reacts differently with the adsorbent material, leading to different flow rates of different components, thus separating the mixtures. This process is faster as compared to other chromatography procedures.

The global HPLC market is expected to expand at a robust CAGR over the forecast period. Greater sensitivity and higher accuracy as compared to conventional chromatographic techniques are the significant factors likely to drive the growth of the global HPLC market over the forecast period. Higher penetration rate of HPLC, increased popularity of LC-MS (liquid chromatography- mass spectrography), surge in usage of HPLC in pharmaceuticals for quality control testing and manufacturing, faster results and separation, and technical advancement are some of the other factors propelling growth of the global market through 2025.

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 The global HPLC market can be segmented on the basis of product type, application, end users, and region. On the basis of product type, the market can be segmented into instruments, consumables, and accessories. The consumable segment is expected to register highest share during the forecast period, due to its high usage. The instrument segment can be sub segmented into pressure pumps, detectors, fraction collectors, systems and others. Based on application, the global HPLC market is divided into diagnostics, manufacturing and quality control testing, clinical research, forensics and other application. The manufacturing and quality testing segment is anticipated to register considerable market share during the forecast period due to faster results with greater accuracy and higher sensitivity. Based on end users, the global HPLC market can be divided into pharmaceutical industries, academic and research institutes, diagnostic laboratories and others. The pharmaceutical industries segment is expected to register the highest growth during the forecast period due to rise in number of industries.