According to the new market research “Preparative and Process Chromatography Market by Product (RFID (Active, Passive), RTLS, Ultrasound, Infrared), Application (Hospital (Equipment, Patient Monitoring, Staff Management, Hand Hygiene), Pharma (Drug Counterfeiting, Supply Chain)) – Global Forecast to 2023″, analyzes and studies the major market drivers, restraints/challenges, and opportunities. The global process and preparative chromatography market size is expected to reach USD 8.60 billion by 2023 from the estimated USD 6.27 billion in 2018, at a CAGR of 6.5%.
The global Preparative and Process Chromatography market is segmented based on type, end user and regions
By type, the preparative and process chromatography market is classified into process chromatography and preparative chromatography. The process chromatography segment is estimated to command the larger market share in 2018. This is mainly due to increasing production of vaccines and monoclonal antibodies in biotechnology and pharmaceutical industries.
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By end user, the preparative and process chromatography market segmented into biotechnology & pharmaceutical industries, food & nutraceutical industries, and academic institutes. In 2018, the biotechnology & pharmaceutical industries segment is estimated to account for the largest market share. This is mainly due to the increasing demand for monoclonal antibodies and insulin.
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Based on region, the preparative and process chromatography market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). In 2018, North America is estimated to account for largest share of the process and preparative chromatography market. The large share of North America in this market is attributed to the increasing R&D activities by pharmaceutical and biotechnology companies, the presence of a highly developed biotechnology research infrastructure, and the availability of government grants to support research activities.
The key players in the Preparative and Process Chromatography market are GE Healthcare (US), Merck KGaA (Germany), Danaher Corporation (US), Bio-Rad Laboratories (US), Thermo Fisher Scientific (US), Agilent Technologies (US), Novasep Holding S.A.S (France), Waters Corporation (US), Daicel Corporation (Japan), and Shimadzu Corporation (Japan).
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