IMARC Group has recently released a new research study titled “High-Performance Liquid Chromatography (HPLC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the high-performance liquid chromatography market?
The global high-performance liquid chromatography (HPLC) market size reached US$ 5.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.6% during 2023-2028.
What is high-performance liquid chromatography (HPLC) market?
High-performance liquid chromatography (HPLC) is an efficient analytical technique used to separate, identify, and quantify components in a mixture. It is a form of liquid chromatography that utilizes high-pressure pumps to force a liquid mobile phase through a packed column, which contains a stationary phase. It offers a wide range of separation modes, including reversed phase, normal phase, ion exchange, size exclusion, and affinity chromatography, among others.
It is the most commonly used mode, where a nonpolar stationary phase is paired with a polar mobile phase. It offers the ability to separate and quantify an extensive range of compounds, including small molecules, large biomolecules, and even chiral compounds. It is widely used in various industries and scientific disciplines for its ability to provide accurate and precise quantitative and qualitative data.
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HPLC Market Trends and Growth Drivers:
At present, the increasing demand for HPLC for the analysis of complex mixtures with low detection limits due to its high sensitivity, selectivity, and resolution represents one of the crucial factors impelling market growth. Besides this, the rising utilization of HPLC in pharmaceutical and biopharmaceutical industries for drug development, quality control, and regulatory compliance is contributing to the growth of the market.
In addition, the growing demand for drug analysis, purity testing, and characterization is offering a favorable market outlook. Apart from this, the increasing technological advancements in HPLC, such as improvements in column technology, detector sensitivity, automation, and software capabilities, are supporting the growth of the market.
Additionally, the rising trend of personalized medicine and targeted therapies to cure various chronic diseases is strengthening the growth of the market.
Who are the key players operating in the industry?
The report covers the major market players including:
- Agilent Technologies Inc.
- Bio-RAD Laboratories Inc.
- Gilson Inc.
- Hitachi Ltd.
- Perkinelmer Inc.
- Phenomenex Inc. (Danaher Corporation)
- Shimadzu Corporation
- Thermo Fisher Scientific Inc.
- Tosoh Corporation
- Waters Corporation
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Market Segmentation:
The report has segmented the market into the following categories:
Breakup by Product:
- Instruments
- HPLC System
- Automated
- Manual
- Detectors
- Pumps
- Others
- Consumables
- Columns
- Tubes
- Vials
- Filters
- Others
- Accessories
Breakup by Application:
- Clinical Research
- Diagnostics
- Forensic
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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