Chromatography Data Systems Market Growth, Scope in Emerging Economies — 2030

Chromatography Data Systems Market Growth, Scope in Emerging Economies — 2030

According to the latest publication from Meticulous Research®, the chromatography data systems market is projected to reach $1.7 billion by 2030, growing at a CAGR of 7.5% from 2023 to 2030. This growth is driven by increased R&D expenditure in the pharmaceutical and food & beverage industries, the use of chromatography systems for food quality testing, and technological advancements. Additionally, emerging economies are creating opportunities for market growth. However, the lack of integration standards for laboratory informatics is a notable restraint on market growth.

Food Safety Regulations and Food Quality Testing Boost Demand for Chromatography Data Systems

Food safety standards, which aim to ensure safe food production and distribution, vary by country. All food businesses must comply with these standards to prevent foodborne illnesses and protect public health. In the U.S., the FDA Food Safety Modernization Act (FSMA) regulates food safety, while the FDA Center for Food Safety and Applied Nutrition (CFSAN) oversees food ingredient regulation, requiring premarket approval for new food ingredients.

European food laws are stricter than those in the U.S., particularly concerning food additive ingredients and chemicals with potential carcinogenic effects. Food regulation addresses public concerns about food adulteration, junk food, and the indiscriminate use of chemicals in food processing. To meet these standards, food & beverage companies use chromatography to identify food components.

Download Sample Copy: https://www.meticulousresearch.com/download-sample-report/cp_id=2933

Food & beverage companies analyze their products for nutrients such as proteins, vitamins, preservatives, and contaminants. Chromatography allows them to test for nutritional quality. Chromatographic data systems help these companies manage and integrate chromatographic data, facilitating workflow management. This increased use of chromatography for food quality testing drives demand for chromatography data systems.

Market Segmentation

The chromatography data systems market is segmented by product (standalone software and integrated software), delivery mode (on-premise and cloud/web-based), end user (academic & research institutes, pharmaceutical & biotechnology industries, food & beverages industry, environmental testing, and other end users), and geography. The study also evaluates industry competitors and analyzes regional and country-level markets.

Product Segment

The integrated software segment is projected to register the highest CAGR during the forecast period. Integrated software connects with other informatics solutions, like laboratory information management systems and clinical data management systems, to prevent data reentry and ensure traceability. The demand for integrated software is expected to grow across various industries requiring effective chromatography data management.

Delivery Mode

The cloud/web-based segment is projected to register the highest CAGR during the forecast period. Benefits such as ease of accessibility, increased data safety, privacy, and cost-effectiveness drive the growth of this segment.

End User

In 2023, the pharmaceutical & biotechnology industries segment is expected to hold the largest share of the chromatography data systems market. This large market share is due to the increased adoption of chromatography in these industries for drug formulation, purity analysis, and clinical studies. Additionally, growing R&D and high volumes of pharmaceutical products are driving demand for chromatography systems, further boosting market growth.

Get Enquiry for more Updates: https://www.meticulousresearch.com/enquire-before-buying/cp_id=2933

Geographic Review

This report analyzes major geographies, providing a comprehensive review of North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa. In 2023, North America is expected to hold the largest share of the chromatography data systems market, followed by Europe and Asia-Pacific. Factors contributing to North America's large share include increased R&D expenditure, a well-established healthcare system, and higher spending on healthcare information technology.

Key Players

Key players in the chromatography data systems market include Advanced Chemistry Development, Inc. (Canada), Shimadzu Corporation (Japan), Agilent Technologies, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Waters Corporation (U.S.), DataApex, spol. s r.o. (Czech Republic), Gilson, Inc. (U.S.), JASCO (U.S.), Thermo Fisher Scientific Inc. (U.S.), PerkinElmer, Inc. (U.S.), KNAUER Wissenschaftliche Geräte GmbH (Germany), SCION Instruments NL BV (Netherlands), and Justice Innovations Inc. (U.S.).

Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research