The global chromatography software market is expected to register growth over the forecast period. The adoption of the software has increased laboratory automation and eliminated the need for manual record-keeping. This has made it possible to run several samples and track all the results. Moreover, the user-friendly software and configurable interface have increased efficiency and productivity thereby fueling the chromatography software market growth.
On the basis of deployment model, the chromatography software can be segmented into cloud-based & on-premise based. Cloud-based chromatography software is the dominant market segment and is expected to propel the market over the forecast period. This can be attributed to the free storage space available which makes it easy to store a large amount of data that can be retrieved when needed. The on-premise chromatography software has gained popularity as it is convenient to share and install data on the servers of the institute or organization. Moreover, these institutions have complete control over the software thereby preventing data breaching. These factors have increased the demand for on-premise chromatography software.
On the basis of application, chromatography software can be segmented into forensic testing, environment testing, food industry. Chromatography software has several applications in forensic science. The increasing number of crimes is fueling the chromatography software market. It is used to analyze blood samples for drugs, alcohol, or poison and determine the cause of death. Moreover, the software is also used in environmental testing to measure the presence of volatile organic compounds in the atmosphere and analyze pollutants in water, such applications are increasing the demand for the chromatography software. Furthermore, increasing awareness about food safety and the detection of pesticide in fruits or vegetables is also promoting the chromatography software market growth.
On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and MEA. North America will hold the dominant regional share followed by the European Countries due to its high digital literacy and policies supporting the deployment of chromatography software. Moreover, the presence of key market players such as GE Healthcare Life Sciences and Bruker BioSpin & technologically advanced infrastructure in the regions is fueling the market growth.
Asia Pacific region will witness lucrative growth over the forecast period due to the high adoption of chromatography software and favorable government initiatives towards lab automation. Moreover, rising food testing industries and food safety awareness have increased the demand for chromatography software in laboratories.
The major market players include Axel Semrau, Bruker BioSpin, Cecil Instruments, GE Healthcare Life Sciences, Hitachi High-Technologies, Jasco, KNAUER, SEDERE, Sykam, Waters Ges.m.b.H. These players are involved in new product launch, strategic collaborations, and regional expansion. For instance, Waters corporation entered collaborated with Chromsystems Instruments & Chemicals GmbH that manufactured chemistry kits for the former, hence increasing their business growth.
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