Chromatography Consumables Market to Reach $3.64 billion by 2027- Exclusive Report Covering Pre and Post COVID-19 Market Analysis and Forecasts by Meticulous Research®

London, Feb. 17, 2021 (GLOBE NEWSWIRE) — According to a new market research report titled “ Chromatography Consumables Market by Product (Prepacked Columns [Analytical, Preparative], Vials, Tubing), Technology (HPLC, GC, UPLC), End User (Pharma, Biotech, Hospitals, F&B, Oil & Gas, Environmental Agencies) and Geography – Forecast to 2027” , published by Meticulous Research ® , the chromatography consumables market is expected to grow at a CAGR of 6% from 2020 to 2027 to reach $3.64 billion by 2027.

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Chromatography consumables comprise columns, syringe filters, vials and well plates, and fittings and tubing, which enable separation, identification, and purification of components in a mixture. Chromatography has been used as a vital separation tool across all science branches and is one of the widely accepted tools for separating components from complex mixtures. The ongoing COVID-19 pandemic has led to the increased dependence on chromatographic techniques to understand the SARS-CoV-2 virus and develop effective therapies, vaccines, and diagnostic tools.

The growth of this market is primarily driven by factors such as the rising R&D investments in the pharma and biotech industries, increasing collaborations between academia & industry players, technological advancements, policies & initiatives to reduce pollution, and rising food safety concerns. Further, the rising demand from emerging economies in Asia-Pacific and Latin America and growth in the proteomics and genomics markets are expected to offer significant opportunities for players operating in the chromatography consumables market.

Various developed countries from North America and Europe are major contributors to the chromatography consumables market. However, low penetrated emerging economies are expected to offer significant growth opportunities due to increasing R&D funding, accelerated policies for biopharmaceutical developments, and the rising research initiatives in the area of proteomics. Emerging economies have been major contributors to revenue generation for various stakeholders in the chromatography consumables market during the past few years. This is mainly due to an increase in the number of research institutes, laboratories, and pharmaceutical and biopharmaceutical companies in these regions.

In addition, there have been several supportive initiatives undertaken for boosting R&D in these countries over the last few years. Some of such initiatives are:

• In South Korea, the pharmaceutical industry and contract research organizations are highly supported by the regional government. The government supports the clinical trials industry significantly and has allocated specific grants for trial centers to build better infrastructure and facilitate multi-site trials. It has introduced tax breaks for R&D costs and offered training to investigators and clinical researchers.
• According to Invest India (National Investment Promotion and Facilitation Agency), India has over 100 FDA-approved R&D manufacturing sites, more than Italy and China, making it a viable location for research. The biotechnology industry in India comprises more than 2,700 start-ups, which are expected to reach 10,000 by 2024. Thus, such rapid growth in research indicates an opportunity for various vendors to enter this market.

Apart from pharma and biotech, other emerging economies are also witnessing increasing demand for chromatography consumables for quality testing. This demand can be supported through government initiatives. In Vietnam, the Ministry of Natural Resources and Environment (MONRE) has drafted a National Action Plan on Air Quality Management for 2020–2025 for a 20% reduction in NOx, Sox, and particulate matter emitted by industries. Thus, such initiatives lead to increased demand for analytical techniques, further driving the demand for chromatography consumables among emerging countries, providing vast opportunities for this market’s growth.

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Impact of COVID-19 on Chromatography Consumables Market

The global COVID-19 pandemic has affected the healthcare industry diversely. The chromatography consumables market partly affected the demand for chromatography techniques to understand the virus and develop better therapies, vaccines, and diagnostic tools, increasing reliance on chromatography consumables.

Apart from this, the need for quality assurance and sanitizer testing increased the want to curb counterfeiting. For instance, Shimadzu introduced ready-to-use simple methodologies for FTIR IRSpiritTM and GC Nexis-2030 for determining ethanol and isopropyl alcohol (IPA) content in hand sanitizers. Thus, the growing demand for gas chromatography in determining ethanol and IPA content in hand sanitizers is expected to accelerate the demand for chromatography consumables.

However, the global spread of COVID-19 also adversely impacted operations, sales, and delivery & supply chains. Many countries implemented national lockdowns, shelter-in-place, curfews, travel restrictions, and isolation measures delaying instrument installations and affecting supply chains, negatively impacting on-site customer service.

The chromatography consumables market study presents historical market data in terms of values (2018 and 2019), estimated current data (2020), and forecasts it for 2027 – by product (prepacked columns [analytical, preparative], vials, tubing), technology (HPLC, GC, UPLC), end user (pharma, biotech, hospitals, F&B, oil & gas, environmental agencies) and geography. The study also evaluates industry competitors and analyzes their market share at the global and regional levels.

Based on product, the chromatography consumables market is segmented into columns, syringe filters, vials and well plates, fittings and tubing, and other consumables. In 2020, the columns segment accounted for the largest share of the overall chromatography consumables market. The large share of this segment is primarily attributed to factors such as the wide applications of chromatography across environmental agencies, advancements in separation & analytical technologies, such as HPLC and GC, and improvements in chromatography columns.

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The chromatography consumables market is segmented into liquid chromatography, gas chromatography, and other techniques based on technology. In 2020, the liquid chromatography segment accounted for the largest market share due to technological developments in liquid chromatography methods and growth in biosimilars, generics, and CROs due to the rising need for drug development.

Based on end user, the chromatography consumables market is segmented into academic & research institutes, pharmaceutical and biotechnology organizations, food & beverage organizations, hospitals & clinics, environmental agencies, oil & gas organizations, and other end users. In 2020, the pharmaceutical and biotechnology organizations segment accounted for the largest share of the overall chromatography consumables market. This segment’s large share is primarily attributed to the increasing production of drug molecules, R&D investments in the pharmaceutical and biopharmaceutical industries, and growing collaborations of pharmaceutical and biotechnology companies with CROs.

The report also includes an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past four years. The chromatography consumables market has witnessed a number of new product developments, acquisitions, partnerships, distribution agreements, and expansions.

Some of the key players operating in the chromatography consumables market are Merck KGaA (Germany), Bio-Rad Laboratories, Inc. (U.S.), Danaher Corporation (U.S.), Hitachi High-Tech Corporation (Japan), Bruker Corporation (U.S.), Agilent Technologies, Inc. (U.S.), Waters Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), PerkinElmer, Inc. (U.S.), and Shimadzu Corporation (Japan) among others.

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Scope of the Report:

Chromatography Consumables Market, by Type

• Columns
  • Pre-packed Columns
    • Analytical Columns
    • Preparative Columns
  • Empty Columns
• Vials and Well Plates
  • Vials
  • Well Plates
• Fittings & Tubing
  • Tubing
  • Tubing
  • Ferrules & Nuts
  • Valves & Gauges
  • Liners & Seals
• Syringe Filters
• Other Consumables

(Note: Other consumables include sample loops, fused silica adapters, methanizers, membranes, and disposable gas cylinders)

Chromatography Consumables Market, by Technology

• Liquid Chromatography
  • HPLC
  • UPLC
  • Low-pressure Liquid Chromatography
  • Flash Chromatography
  • Others Liquid Chromatography Technologies
• Gas Chromatography
• Other Technologies

(Note: Other technologies include thin-layer chromatography and gel permeation chromatography)

(Note: Other liquid chromatography technologies include partition chromatography and affinity chromatography)

Chromatography Consumables Market, by End User

• Pharmaceutical & Biotechnology Industries
• Academic & Research Institutes
• Oil & Gas Industry
• Hospital & Clinics
• Food & Beverage Industry
• Environmental Agencies
• Other End Users

(Note: Other end users include forensic laboratories and organizations in the cosmetics and fragrance industries)

Chromatography Consumables Market, by Geography

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe (RoE)
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • Rest of APAC (RoAPAC)
• Latin America
• Middle East & Africa

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