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Chromatography Instruments Market 2015: By System, GC, Other Components, Consumable - Analysis & Global Forecasts to 2020
Chromatography is a versatile analytical technique used to separate a mixture into its individual components.
New international cGMP & cGDP certification for pharmaceutical excipients, growing food safety concerns, increased importance of chromatography tests in drug approvals, and incessant new product launches are major factors driving this market.
In addition, the chromatography instruments market has witnessed various technological advancements to meet the needs of biotechnology and biopharmaceutical companies; food and beverage, chemical, semiconductor industries; and environmental testing. Moreover, emerging market across India and China, increasing usage of chromatography in the purification of monoclonal antibodies, growing use of chromatography in proteomics, and green chromatography are likely to create opportunities for market growth.
The high growth in India and China can be attributed to government investments in biomedical industry in China, strategic expansions of chromatography players in China, increasing focus on soil testing in India, food security concerns in India, and presence of bioclusters in India and China. However, high cost of chromatography equipment is likely to pose as a restraint for the growth of the market.
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