Los Angeles, December 31, 2019 -High performance liquid chromatography is largely used in laboratories for accurate quantification, identification, and separation of components of a mixture. QY Research has recently published a report titled “North America HPLC Columns Market Research Report 2019-2025” that identifies the growth of the market. According to the report, the North America HPLC columns market was worth US$593.58 mn during 2018 and is expected to reach US$868.72 mn by the end of 2025, registering a CAGR of 5.72% during the forecast period.
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Rise in Investment in Research and Development to Boost HPLC Market
HPLC is gaining unprecedented prominence as the demand for accuracy is high in analytical chemistry. It plays an indispensable role in sseparation, identification, and quantification in a given component of a mixture. Its unique ability to deliver precision in results is garnering it attention from legal, food and beverages, pharmaceutical, and manufacturing sectors. It has proved to be very beneficial in analysis of food and several fat soluble vitamin branches as it possess high sensitivity and correctness. Rising popularity of LC-MS technique and biobanking is also likely to trigger the market growth.
It is extensively used in bioinformatics and DNA fingerprinting due to rise in life sciences research and investments in development of drugs. It is used in chemicals, forensic science, environmental, and pharmaceutical companies as drug approval rates are rising due to HPLC tests.
The market is likely to suffer during the forecast period due to high cost of equipment and extensive requirement for developing systems that generate desired pressure.
Approval of HPLC Column Testing to Boost Pharmaceutical Industry
Pharmaceutical segment is expected to flourish during the forecast period as it aids in verifying the purity of a substance and quality of the final product. HPLC column provides mobile phase for the pharmaceutical compound to travel under pressure so that its molecular polarity, pH, and other factors can be decided. It also helps in identifying presence and chemical behaviour of the substance. Acceptance of HPlc testing to boost its demand in manufacturing process and drug research.
Key players in the market are providing variety of chromatography columns to meet the needs of every application. Every column’s characteristic is designed to suit the appropriate requirements.
The key players operating in the North America HPCL columns market are Agilent, Waters Corporation Corporation, Shimadzu Corporation, ThermoFisher, Danaher, Hamilton, Merck-Sigma, Bio-Rad, Restek, Dikma Technologies, Shepard, and Idex.
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