Healthcare Global Chromatography Instrumentation Market | Page 2

“Chromatography Instrumentation Market:
Demand Analysis & Opportunity Outlook 2021”
Global
The global chromatography instrumentation market is segmented into
consumables such as columns, frits, pumps, flow cells, tunings and others.
Among these segments, columns chromatography instrument segment is
expected to occupy top position in overall chromatography instrumentation
market during the forecast period. Wide scale application of the columns in
pharmaceutical, food production and others are anticipated to foster the
growth of columns chromatography instrumentation market. Apart from
this, recent advancements in the design of columns are consequently
raising the utilization of chromatography instrumentation which further is
boosting the growth of the chromatography instrumentation market.
Global Chromatography Instrumentation Market is expected to
flourish at a CAGR of 4.5% over the forecast period. Moreover, the global
chromatography instrumentation market is anticipated to garner USD 9.5
Billion by the end of 2020. Factors such as expansion of pharmaceutical
and food & beverage industries across the globe, favorable government
initiatives are anticipated to be the dynamic factor behind the growth of
chromatography instrumentation market.
North America dominated the overall market of chromatography
instrumentation in 2016 and is projected to continue its dominance over
the forecast period. Presence of major pharmaceutical companies,
government funding for research and development activities are expected
to foster the growth of chromatography instrumentation market in the
North America. Asia Pacific chromatography instrumentation market is
anticipated to witness lucrative growth during the forecast period. Factors
such as expansion of chromatography manufacturers and increasing set up
of development and research facilities in the developing nations of Asia
Pacific are anticipated to garner the growth of chromatography
instrumentation market in the Asia Pacific region.
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