High-Performance Liquid Chromatography Market Recent Developments, New Opportunities, ROI Analysis 2028
According to the most recent report by Emergen Research, the size of the worldwide high-performance liquid chromatography (HPLC) market is anticipated to reach USD 6.39 billion in 2028 at a consistent CAGR. The rising use of high-performance liquid chromatography in biological research, the significant prevalence of acute and chronic diseases, the increasing demand for preclinical and clinical trials, and ongoing investments in life science and academic research are the main factors driving the global high-performance liquid chromatography market revenue growth. Analytical chemistry is used throughout the high-performance liquid chromatography process to separate, identify, and quantify each distinct component present in a combination.
Additionally, the COVID-19 pandemic has sped up the usage of HPLC systems for the creation of fresh treatments, vaccinations, and trustworthy disease diagnosis techniques. An emerging COVID-19 therapeutic option, favipiravir, was determined using a novel HPLC-based approach, according to a study that was published in the Microchemical Journal in October 2021. Furthermore, epidemiological applications of the method for the characterisation of viral proteins matching to developing viral serotypes are anticipated to gain traction as a result of the growing worries regarding SARS-CoV-2 mutations. These elements are projected to have a favourable impact on market expansion.
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Some Key Findings in the Report:
Thermo Fisher Scientific introduced the Vanquish Core HPLC systems, a cutting-edge analytical tool, in March 2020. The automated monitoring and determination of solvent and waste levels by this technology aids in streamlining laboratory procedures.
Over the course of the projected period, the revenue CAGR for the segment of consumables is anticipated to be 4.8%. The development of technology and the increasing adoption of HPLC for medication approval are the main forces behind this segment’s revenue growth.
Over the course of the projected period, Asia Pacific is anticipated to have the quickest revenue CAGR. The market in this region is experiencing revenue growth as a result of increasing investment in biotechnology and pharmaceutical research and development activities as well as rising demand for biosimilars and generic medications.
Agilent Technologies, Inc., Shimadzu Corporation, Thermo Fisher, PerkinElmer, GE Healthcare, Bio-Rad Laboratories, Inc., Merck Millipore, Hitachi, and Showa Denko k.k. are important market participants.
For the purpose of this report, Emergen Research has segmented the global high-performance liquid chromatography market based on product, application, end-use, and region:
Product Outlook (Revenue, USD Billion; 2018–2028)
Application Outlook (Revenue, USD Billion; 2018–2028)
- Clinical Research
End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Pharma and Bio-pharmaceutical Companies
- Contract Research Organizations
- Academic Institutions
Regional Outlook (Revenue: USD Billion; 2018–2028)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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