North America Chromatography Systems Market by 2018 July 2014 | Page 2

Related Reports Asian Chromatography Systems Market Globally, Asia is expected to be the fastest-growing chromatography systems market. The high growth in this region is due to factors, such as the growing biomedical industry, large number of conferences and symposiums being held on chromatography technologies, increasing presence of major chromatography companies, growing pharmaceutical and biotechnology industries in China and India, regulatory changes in trade agreements, and increasing presence of chromatography firms in Singapore, Malaysia and Vietnam. China is the major revenue-generating region for most of the key chromatography systems companies. Furthermore, to achieve economies of scale, the global pharmaceutical companies are outsourcing their separation services to various Asian countries. However, the high cost of chromatography systems and the need for skilled personnel to operate highend systems are the major factors hindering the growth of this market. In addition, the chromatography systems market is facing a challenge for developing systems that generate pressure above 20,000 psi. Asia is the fastest-growing chromatography systems market globally, and is expected to reach a value of $1497 million by 2018. It is expected to grow at a CAGR of approximately 6.0%, from 2013 to 2018. http://www.micromarketmonitor.com/market/asia-chromatography-systems2475480915.html European Chromatography Systems Market Globally, Europe is second-largest chromatography systems market in the world. This high growth is due to reasons such as the increasing investments and funding (life sciences, pharmaceutical, and biotechnology research), technological advancements in chromatography techniques, and tie-ups with research laboratories and academic institutes. However, high cost of chromatography systems, economic slowdown, and the need for skilled professionals are the major factors hindering the growth of this market. Email: [email protected] Tel: [phone]