Chromatography is a collective term for various laboratory procedures. These procedures are carried out to separate mixtures. In other words, chromatography is a physical process employed to separate complex mixtures. The chromatography accessories and consumables market is likely to witness expansion at around 5.8 percent CAGR by the end of 2018.
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Increasing biotechnology and pharmaceutical sectors are responsible for the growth of the chromatography accessories and consumables market. Technological improvements in chromatography procedures and increasing research activities in healthcare, metabolomics and genomics are likely to boost demand for the market. However, economic slowdown is likely to hinder the chromatography accessories and consumables market over the coming years.
The chromatography accessories and consumables market can be segregated into types, technologies, consumers and geographies. The market, on the basis of types, can be divided into autosamplers, columns, flow management, mobile phase, detectors and chromatography fittings and tubing.
The technologies market includes gas chromatography and liquid chromatography. Liquid chromatography can be divided into flash chromatography, ultra pressure, high pressure and low pressure liquid chromatography.
The chromatography accessories and consumables market, on the basis of consumers, includes cosmetic industries, environmental agencies, food & beverage industries, hospitals & clinics, pharmaceuticals and biotechnology industries.
Geographically, the chromatography accessories and consumables market is divided into North America, Asia Pacific, Europe and ROW (rest of the world). North America leaded the market in 2013 and was followed by Europe and Asia Pacific that year. This is due to governmental expenditures and drug development regulations in the region.
Asia Pacific is the fastest growing market. Chromatography players are focusing on markets, like China, India, Hong Kong and others. These markets are offering huge opportunities for the chromatography accessories and consumables market.
Information Source: Radiant Insights