NEWARK, Del, July 23, 2024 (GLOBE NEWSWIRE) -- The global chromatography reagent market size is anticipated to reach a valuation of USD 6.8 Billion in 2024, driven by the expansion of chromatography applications in clinical diagnostics. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 6.2% between 2024 and 2034, and reaching a total valuation of approximately USD 12.4 Billion by 2034.
The increasing volume and complexity of analytical data generated by chromatography instruments require advanced data management and analysis solutions. The integration of chromatography data systems with laboratory information management systems and other analytical software platforms presents opportunities for the development of integrated reagent and software solutions.
There is a growing trend towards the use of hyphenated chromatography techniques such as liquid chromatography mass spectrometry and gas chromatography mass spectrometry for enhanced analytical capabilities. The trend creates opportunities for the development of specialized reagents compatible with hyphenated systems.
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Miniaturized chromatography systems, including microfluidic and chip based chromatography platforms, are gaining popularity due to their portability, reduced sample and solvent consumption, and rapid analysis capabilities. The development of chromatography reagents tailored to miniaturized systems presents new opportunities for market growth.
The adoption of quality by design principles in chromatography method development and optimization is driving the demand for high quality reagents that enable robust and reproducible separations. Reagents designed and manufactured following QbD principles can help ensure the reliability and consistency of chromatographic results.
Chromatography Reagents Market Scope:
| Report Coverage | Details | |
| Market Revenue in 2024 | USD 6.8 Billion | |
| Estimated Value by 2034 | USD 12.4 Billion | |
| Growth Rate | 6.2% | |
| Forecast Period | 2024–2034 | |
| Forecast Units | Value (USD Billion) | |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends | |
| Segments Covered | Type, Separation Mechanism, Technology, End User | |
| Geographies Covered | North America, Western Europe, Eastern Europe, Asia Pacific, Latin America and Middle East Africa, East Asia | |
| Report Highlights | Updated financial information / product portfolio of players | |
| Key Market Opportunities | Increasing use of chromatography in proteomics and the purification of monoclonal antibodies | |
| Key Market Drivers | Growing pharmaceutical and biopharmaceutical R & D activities | |
Key Takeaways from the Market Study
- Global chromatography reagent market share was valued at US$ 6.3 Billion in 2023.
- From 2019 to 2023, the market demand expanded at a CAGR of 8.2%.
- The market in Japan is expected to expand at a CAGR of 6.9% through 2034.
- By type, the buffers segment to account for a CAGR of 6.1% through 2034.
- The market in the United Kingdom is expected to expand at a CAGR of 6.8% through 2034.
- In terms of physical state of mobile phase, the gas chromatography reagents segment to account for a market share of 6.0% in 2024.
“The emergence of online and high throughput chromatography technologies, which enable real time monitoring and automation of chromatographic processes, is driving the demand for compatible reagents designed for continuous operation and rapid analysis,” opines Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.)
Pharmaceutical Companies segment holds the highest CAGR by end user in the Chromatography Reagents market
The Pharmaceutical Companies segment holds the highest CAGR among end users in the Chromatography Reagents market. This growth is primarily attributed to the increasing demand for high-quality pharmaceuticals and the need for advanced analytical techniques to ensure product efficacy and safety. The segment's rapid expansion is also fueled by ongoing research and development activities and the adoption of cutting-edge chromatography technologies. Additionally, stringent regulatory requirements for drug approval processes further drive the demand for chromatography reagents in the pharmaceutical industry. As a result, pharmaceutical companies continue to invest significantly in chromatography solutions to enhance their analytical capabilities.
Competitive Landscape
Prominent players in the chromatography reagent market are Agilent Technologies, Inc., Avantor, Inc., ITW Reagents, Merck KGaA, Regis Technologies Inc., Santa Cruz Biotechnology, Inc., Shimadzu Corporation, Thermo Fisher Scientific Inc., Tokyo Chemical Industry, and Tosoh India Pvt. Ltd., among others.
Company Portfolio
- Shimadzu Corporation is a leading manufacturer of analytical instruments, including chromatography systems, detectors, and accessories. The company offers a broad range of chromatography reagents, columns, and consumables for liquid chromatography, gas chromatography, and mass spectrometry applications.
- Bio-Rad Laboratories offers chromatography media, resins, columns, and reagents for protein purification, chromatography based assays, and laboratory research applications. The chromatography products are used in biopharmaceutical production, academic research, and clinical diagnostics.
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Segmentation Analysis of the Chromatography Reagent Market
By Type:
- Buffers
- Ion Pair Reagents
- Solvents
- Other Types
By Physical State of Mobile Phase:
- Gas Chromatography Reagents
- Liquid Chromatography Reagents
- Super Critical Fluid Chromatography Reagents
By Technology:
- Ion Exchange
- Affinity Exchange
- Size Exclusion
- Hydrophobic Interaction
- Mixed Mode
- Other Technologies
By Application:
- Pharmaceutical
- Food and Beverages
- Water and Environmental Analysis
- Other Applications
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- The Middle East and Africa
Authored by:
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
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