Industry Review: Global High-performance Liquid Chromatography (HPLC) Systems and Accessories Market 2014-2018
Analysts forecast
the Global High-performance Liquid Chromatography (HPLC)
Systems and Accessories market will grow at a CAGR of 5.52 percent over the
period 2013-2018. The Report recognizes the following companies as the key
players in Global High-performance Liquid Chromatography (HPLC) Systems and
Accessories Market: Agilent Technologies Inc., Shimadzu Corp., Thermo Fisher
Scientific Inc., Waters Corp., Bio-Rad Laboratories Inc., Gilson Inc., Hitachi
High Technologies America Inc., Jasco Inc., Perkin Elmer Inc., Sigma Aldrich
Corp., ZirChrom Separations Inc.
This report
covers the present scenario and the growth prospects of the Global HPLC Systems
and Accessories market for the period 2014-2018. To calculate the market size,
the report considers revenue generated from sales of:
- HPLC Chromatography Systems
- Accessories
It also presents
the vendor landscape and a corresponding detailed analysis of the top five
vendors in the Global HPLC Systems and Accessories market. In addition, the
report discusses the major drivers that influence the growth of the market. It
also outlines the challenges faced by the vendors and the market at large, as
well as the key trends that are emerging in the market.
One of the major
trends witnessed in the market is the increased outsourcing of drug
manufacturing to the APAC region. Many global pharmaceutical companies are
facing several challenges such as patent expirations and pricing pressure. As a
result, these companies are on the lookout for cost-containment measures. For
instance, drug manufacture in the APAC countries is less expensive than in the
Western countries. Therefore, Western nations are increasingly outsourcing all
the stages of the drug manufacturing process, including the purification of
biopharmaceutical and other biochemical entities, to CROs and CMOs located in
the APAC region to achieve cost-efficiency. As a result, the APAC region is
emerging as the fastest growing market, and many multinational companies and
local companies have set up their operations in this region to provide
automated HPLC systems to CROs and CMOs. Hence, the continuous outsourcing of
pharmaceutical production to the APAC region is expected to drive the growth of
Global HPLC Systems and Accessories market.
According to the
report, one of the major drivers in this market is the increasing automation of
HPLC systems. The usage of automated instruments with auto-samplers to process
a large numbers of samples and the usage of analyzers with customized system
settings have been gaining popularity in recent times. Many companies have
adopted HPLC systems to meet the demands of the Life Sciences industry.
Further, the
report states that one of the major challenges in this market is a requirement
for high purification standards. To maintain the efficiency of the HPLC
instruments, the vendors are forced to build standards to deliver the highest
quality systems. Moreover, the complex nature of biochemical entities poses a
challenge for the vendors to develop and maintain the instrument standards for
purification.
The Global HPLC
Systems and Accessories Market 2014-2018, has been prepared based on an
in-depth market analysis with inputs from industry experts. The report covers
the Americas and the EMEA and APAC regions; it also covers the Global HPLC
Systems and Accessories market landscape and its growth prospects in the coming
years. The report also includes a discussion of the key vendors operating in
this market.
