Global High-performance Liquid Chromatography (HPLC) Market Set to Reach $7.9 Billion by 2030
According to a recent report by Meticulous Research®, the global High-performance Liquid Chromatography (HPLC) Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030, reaching a market value of $7.9 billion by 2030. HPLC is a critical analytical tool extensively used across various industries for its precision in separating, identifying, and quantifying components in complex mixtures. The technique's ability to function under high pressure makes it indispensable in both research and industrial settings.
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The COVID-19 pandemic further underscored the significance of HPLC, particularly in the pharmaceutical industry, where it played an essential role in the development of vaccines and virus detection. Additionally, HPLC’s application in food safety testing and environmental monitoring highlights its broad utility.
Key Drivers and Market Opportunities
Several factors are driving the growth of the HPLC market, including increasing research and development activities in the pharmaceutical and biotechnology sectors, continuous advancements in chromatography technology, growing emphasis on food safety, and stringent environmental regulations. The emergence of bio-clusters in developing regions is also expected to create significant opportunities for market expansion.
Top Companies in the HPLC Market
- Waters Corporation (U.S.)
Waters Corporation, founded in 1958 and headquartered in Massachusetts, is a global leader in the HPLC market. The company offers a wide range of HPLC systems for diverse applications. - Shimadzu Corporation (Japan)
Shimadzu Corporation, established in 1875 and headquartered in Kyoto, Japan, is a key player in the HPLC market, providing a broad spectrum of liquid chromatography systems. - Thermo Fisher Scientific Inc. (U.S.)
Thermo Fisher Scientific, headquartered in Massachusetts and founded in 2006, is a major player in the HPLC market. The company’s Analytical Instruments segment includes an extensive range of HPLC systems. - Agilent Technologies, Inc. (U.S.)
Agilent Technologies, established in 1999 and headquartered in California, is a significant player in the HPLC market. The company’s Life Sciences and Applied Markets segment offers a comprehensive portfolio of HPLC products. - Danaher Corporation (U.S.)
Danaher Corporation, based in Washington, D.C., and founded in 1969, is a major player in the HPLC market. The company’s Biotechnology segment, including Pall Life Sciences and Cytiva, provides a diverse array of HPLC systems.
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- PerkinElmer, Inc. (U.S.)
PerkinElmer, headquartered in Massachusetts and established in 1937, is a leading company in diagnostics and life sciences. The company’s Discovery & Analytical Solutions segment offers a wide range of HPLC systems. - Merck KGaA (Germany)
Merck KGaA, founded in 1668 and headquartered in Darmstadt, Germany, is a prominent player in the HPLC market. The company’s Life Science Business Segment includes an extensive range of chromatography products. - Bio-Rad Laboratories, Inc. (U.S.)
Bio-Rad Laboratories, founded in 1952 and headquartered in California, offers a variety of HPLC products through its Life Science segment, catering to both research and clinical diagnostics. - Hitachi, Ltd. (Japan)
Hitachi, Ltd., established in 1910 and headquartered in Tokyo, Japan, provides a broad range of HPLC systems through its Advanced Technology Group, maintaining a strong presence in the global market. - Tosoh Corporation (Japan)
Tosoh Corporation, founded in 1935 and headquartered in Tokyo, Japan, offers a comprehensive range of chromatography products through its Specialty segment, contributing significantly to the global HPLC market.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/high-performance-liquid-chromatography-market-5395
Key questions answered in the report:
- What are the high-growth market segments in terms of product, end user, and country/region?
- What was the historical market for HPLC across the globe?
- What are the market forecasts and estimates for 2023–2030?
- What are the major drivers, restraints, opportunities, and challenges in the global HPLC market?
- Who are the major players in the global HPLC market?
- How is the competitive landscape, and who are the market leaders in the global HPLC market?
- What are the recent developments in the HPLC market?
- What are the different strategies adopted by the major players in the HPLC market?
- What are the geographic trends and high-growth regions/countries?
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