Prominent players in the chromatography accessories and consumables market include Waters Corporation, Tosoh Corporation, Sigma-Aldrich Corporation, Shimadzu Corporation, Thermo Fisher Scientific, Inc., Phenomenex, PerkinElmer, Inc., Pall Corporation, EMD Millipore, GE Healthcare, and Agilent Technologies. Leading players are focusing on developing innovative technologies and making improvements in existing ones, in order to consolidate their presence in the global chromatography accessories and consumables market.
The global chromatography accessories and consumables market stood at US$7.8 billion in 2014 and the opportunities in the market is expected to surge to US$15.0 billion by the end of 2023. The market is projected to rise at a CAGR of 7.5% from 2015 to 2023.
Demand for Chromatography in Biopharmaceuticals and Biotech Sector to Boost Market
The major regional markets for the global chromatography accessories and consumables market are Europe, North America, Asia Pacific, the Middle East and Africa (MEA), and Latin America. Of these, the North America market for chromatography accessories and consumables held a major share in 2014 and is expected to grow at an impressive pace. The growth is driven by a robust research infrastructure, stellar demand for innovative chromatography methods, and substantial government support.
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