The global chromatography accessories and consumables market is expected to register growth over the forecast period. The growing use of chromatography techniques for research activities in the fields of proteomics, medicine, genomics, and metabolomics and rising number of chromatography seminars and conferences that increase awareness regarding new chromatographic techniques are the high impact rendering drivers for the growth of the market. Chromatography helps in the separation of biomolecules and in therapeutic drug monitoring. With increasing healthcare ailments there is an upsurge in need for diagnostics and therapeutic treatment market.
Additionally, the introduction of technological advancements in the product range is expected to boost the growth of chromatography accessories and consumables market. Researchers are striving to increase the functionality or applicability of chromatography in diverse fields. For example in the recent outbreak of Ebola, the use of chromatography is being examined for finding an appropriate vaccine or cure for the same. In the food and beverage industry, the most common use of chromatography is in food adulteration detection.
Chromatography accessories and consumables market is segmented into technology, types, and end users. The technology segment is classified into gas and liquid chromatography columns, autosamplers, chromatography fitting & tubing, and detectors are the various types of chromatography accessories. The end-user segment includes pharmaceutical industries, food & beverage industries, hospitals, and others.
North America accounted for the largest share of the chromatography accessories and consumables market in 2013. The extensive presence of the drug development regulations in North America and the government spending in the form of funds and grants, direct and indirect financial investments, and increasing metabolomics researches in the U.S. are the major factors attributing for its largest share. However, the Asia Pacific market is expected to propel at a fruitful CAGR during the forecast period owing to the increasing spending of government and the introduction of China's Twelfth Five-Year Plan.
The key players for this market include Agilent Technologies, Inc., Waters Corporation, PerkinElmer, Inc., Shimadzu Corporation, Thermo Fisher Scientific, GE Healthcare, Sigma-Aldrich Corporation, Bio-Rad Laboratories, Inc., JASCO, Inc., Phenomenex, Inc. SRI Instruments, Hamilton Company, and Knauer GmbH. The chromatography market is very competitive in nature resulting in frequent technological advancements. Agilent Technologies Inc. launched its latest fully automatic UHPLC machine enabled with a data management system capable of streamlining the analysis process.
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With Covid-19 infections rising globally, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies in order to prevent the spread of this pandemic and provide optimum care to the infected also widens. In addition, till a pharmacological treatment is developed, ventilators act as a vital treatment preference for the COVID-19 patients, who may require critical care. Moreover, there is an urgent need for a rapid acceleration in the manufacturing process for a wide range of test-kits (antibody tests, self-administered, and others). The report will account for Covid19 as a key market contributor.