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Global Industry Analysts (GIA) has released a global report on the HPLC systems and accessories market. This market is projected to reach $3.7 billion by 2015.
Global Industry Analysts (GIA) has released a global report on the HPLC systems and accessories market. This market is projected to reach $3.7 billion by 2015, with future growth in the relatively mature market likely to be driven by widening application in areas such as food safety testing.
According to the company HPLC is the largest product segment in the analytical instruments industry. Currently pharmaceutical and life science industries are the biggest application areas for HPLC testing. The HPLC market is expected to be driven by new applications such as food safety testing as it is ideally suited for the testing of food contaminants owing to its large volume of data generation through a single analysis, thereby facilitating screening, confirmation and quantification of all the constituents. Proliferation of new applications especially in biotechnology and pharmaceutical sectors represents another major factor driving growth.
Present day HPLC devices are capable of analysing almost all types of biological compounds including small molecules that can be isolated or synthesized. HPLC is also being used in the purification of peptide therapeutics, as well as certain proteins. Continued improvement in the system automation and in robotics is also one of the major factors propelling growth in the HPLC market. Emerging hyphenated methods such as GC/LC–MS and LC/HPLC–NMR represent a shift towards multidimensional hyphenated systems for highly advanced research and quality monitoring applications.
Within the equipment market, columns represent the largest segment, accounting for about one-third of the revenues. Growth in the segment is driven by improvements designed for effective separation and analysis.
For more details about this market report visit http://www.strategyr.com/HPLC_Systems_and_Accessories_Market_Report.asp