Knowledge Sourcing Intelligence High Performance Liquid Chromatography (HPLC) Mark | Page 2

DESCRIPTION
Global High-Performance Liquid Chromatography market is projected to grow from US$4.462
billion in 2017 to US$5.672 billion in 2022, growing at a CAGR of 4.91% over the forecast
period. High-Performance Liquid Chromatography (HPLC) is a technique which helps in
separating and identifying of components in a mixture. Ongoing research and development is
contributing to expanding application of HPLC applications in medical, research, and
manufacturing sector. Moreover, the high sensitivity and accuracy of HPLC endorses its
increasing adoption by law enforcement agencies for detecting performance enhancement
drugs in urine, thereby augmenting the market growth. HPLC tests are gaining prominence for
drug approvals as many countries have started focusing on using this technology. Other factors
such as growing popularity of the LC-MS technique and surging lifesciences R&D spending is
also propelling the HPLC market growth