Chromatography Reagents Market Size Forecast to Reach $17.46 Billion by 2025


Posted October 12, 2020 by rohitkurup99

Chromatography Reagents market is driven by growing academic , technical developments in chromatographic reagents and the growing importance of chromatographic testing in drug approvals.

 
Chromatography Reagents Market size is forecast to reach $17.46 billion by 2025, after growing at a CAGR of 7.2% during 2020-2025. The Chromatography Reagents market is driven by growing academic and industrial research and development (R&D) spending on pharmaceutical products, technical developments in chromatographic reagents and the growing importance of chromatographic testing in drug approvals.

Key Takeaways
North America dominates the Chromatography Reagents market owing to the wide study on biologic and drugs in this region.
Chromatographic reagents are commonly used for efficient purification of crystalline sugar and liquid sugar syrup in the food and beverage industry.
Aluminum oxide is well-known adsorbent stationary process, which is used in chromatography for less polar compounds. Aluminum oxide powder is a highly porous aluminum white to off white, fine and grained powder.
The characteristics of aluminum oxide chromatography are determined by the particular (internal) surface area measured by the BET process, it means the diameter of the pore and the volume of the pore.
The growing popularity of green chromatography and the increasing use of chromatography techniques in proteomics, genomics and metabolomics medicines are expected to produce new prospects for further expansion of the demand for chromatographic reagents.

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Geography – Segment Analysis
North America dominated the Chromatography Reagents market with a share of more than 38%, followed by Europe and APAC. The increased use of chromatography technique, primarily in the food and beverage and pharmaceutical industries, drives the region’s demand for chromatographic reagents. With the rise of the region’s aging population and the increasing number of essential diseases, healthcare spending in the area has increased significantly. This increased R&D investments for drug discovery and production in the pharmaceutical industry which further increased demand for chromatography technique and reagents in the area. The United States stood as the biggest user of reagents to chromatography. In the United States, healthcare is the largest portion of federal expenditures.

Drivers – Chromatography Reagents Market
Wide application of Chromatography Reagents

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Chromatography Reagents market. Major players in the Chromatography Reagents Market are Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., Dani Instruments S.P.A, Sigma-Aldrich Corporation, and Thermo Fisher Scientific among others.

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Categories Business , Manufacturing , Reports
Tags chromatography reagents market , chromatography reagents market forecast , chromatography reagents market growth , chromatography reagents market report , chromatography reagents market share , chromatography reagents market size
Last Updated October 12, 2020