Sunday, 20 April 2014

2018 Global High-performance Liquid Chromatography (HPLC) Systems and Accessories Market

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.