According to IMARC Group’s latest report, titled “High-performance Liquid Chromatography (HPLC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global high-performance liquid chromatography (HPLC) market reached a value of US$ 4.1 Billion in 2020. High-performance liquid chromatography (HPCL) is an analytical technique used to identify, quantitate, and separate various components in the given mixture. It comprises various components, such as a detector, an injection valve, eluent reservoir, HPCL column, and pump. HPCL is widely used in cloning, protein expression, and the analysis of antibiotics. It produces quick, reliable, automated, and highly accurate results. As a result, it is extensively used across academic institutions, contract research organizations, and biopharmaceutical companies.
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The HPCL market growth is primarily being driven by the significant expansion in the pharmaceutical industry. The rising use of HPCL to analyze drug samples and develop new therapeutics and the increasing prevalence of chronic diseases across the globe, especially among the geriatric population, is driving the market growth. Moreover, various product innovations, such as the development of portable, automated, and computerized HPCL devices, are providing a considerable boost to the market growth. Other factors, such as the rising product demand across the food and beverage (F&B) industry, along with the increasing investments in the research and development (R&D) activities, are creating a positive outlook for the market. Looking forward, IMARC Group expects the high-performance liquid chromatography (HPLC) market to grow at a CAGR of 4.4% during 2021-2026.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- 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
Breakup by Product:
- HPLC System
- HPLC System
Breakup by Application:
- Clinical Research
Breakup by Region:
- North America
- United States
- Asia Pacific
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- 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.
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.
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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