Number of pages: 100 | Report Format: PDF | Published date: February 09, 2023
Historical Years – 2020 | Base Year – 2021 | Forecasted Years – 2022-2030
According to the deep-dive market assessment study by Revenue growth Plus Reports, the global chromatography accessories and consumables market was valued at US$ 4.37 billion in 2021 and is expected to register a revenue CAGR of 5.68% to reach US$ 6.79 billion by 2030.
Chromatography Accessories and Consumables Market Fundamentals
Chromatography is a method for separating a mixture’s components, or solutes, based on how evenly each solute is dispersed between a stationary phase that is adjacent to the mobile phase, a moving fluid stream. A fluid known as the mobile phase dissolves the mixture and transports it through a structure containing a different substance known as the stationary phase. The different components of the mixture move at varying rates of migration, which causes them to separate. Chromatography has several uses in the chemical and biological sciences. It is frequently utilized in biochemical research for the isolation and identification of chemical substances with biological origins.
Numerous research and clinical labs employ chromatography for tasks including isolating new substances and comparing molecules. This methodology bases the chromatography process on three elements. The stationary phase is always made up of a layer of liquid adsorbing on the surface of solid support or a solid phase. Following that, the mobile phase, which is always made up of a liquid or a gaseous component, and finally, the separated molecules. Separation and detection science laboratories require certain consumables and accessories for their instruments, irrespective of the application or type of chromatography being used. These accessories may consist of columns, sample vials, and tools for preparing the samples, such as syringe filters. Other chromatography consumables come in a variety of forms, including fittings, valves, and autosamplers.
Chromatography Accessories and Consumables Market Dynamics
The rising need for the quality and virtue of various synthetic concoctions and dynamic pharmaceutical fixings is aiding the revenue growth of the chromatography accessories and consumables market. The market would develop more rapidly owing to increasing availability of chromatography consumables and accessories. The usage of chromatography techniques in guaranteeing drinking water quality, assessing environmental pollutants, and ensuring food standards and quality of products, as well as high research and development expenditure by biotechnology and pharmaceutical companies, are the main factors anticipated to boost the revenue growth of the chromatography accessories and consumables market during the forecast period. Increasing demand for biopharmaceuticals and changes to FDA regulations are also expected to fuel revenue growth in the market. Proteomics, genomics, and metabolomics all make heavy use of chromatography techniques. Leading chromatography businesses are working with university institutions to facilitate chromatography-based research projects. By offering funds or supplying chromatography products, such as consumables and accessories, these businesses assist numerous research projects in various universities. Through these advances, businesses are concentrating on expanding the research community’s knowledge of sophisticated chromatography techniques and creating new markets for chromatography products and services.
One of the key factors observed to fuel the revenue growth of the chromatography accessories and consumables market throughout the analysis period is the introduction of technological breakthroughs in the product line. Researchers are working on the functioning or applicability of chromatography in many sectors. For instance, the usage of chromatography is being investigated to find a suitable vaccine or treatment for the current Ebola outbreak. The most frequent chromatography application in the food and beverage business is the detection of food adulteration.
However, the accessories and consumables used in chromatography are often equipped with cutting-edge features and capabilities; and as a result, they are more expensive. The price of these instruments has also increased as a result of technological advancements that have given rise to novel systems. Due to their restricted budgets, academic research laboratories also struggle to finance such systems. The total cost of ownership of these instruments has increased as a result of the maintenance charges and other indirect expenses. Furthermore, alternatives to chromatography, which are frequently used to make protein therapeutics and separate monoclonal antibodies in fewer steps, include precipitation, high-resolution ultrafiltration, crystallization, high-pressure refolding, charged ultra-filtration membranes for protein crystallization, capillary electrophoresis, and two-phase aqueous extraction and three-phase partitioning. The market for chromatography accessories and consumables is projected to experience notable revenue growth barriers due to the advantages offered by alternative techniques.
Chromatography Accessories and Consumables Market Ecosystem
The global chromatography accessories and consumables market is analyzed from four perspectives: product, technology, end-user, and region.
Chromatography Accessories and Consumables Market by Product
Based on the product, the global chromatography accessories and consumables market is segmented as columns and column accessories, autosamplers, flow management accessories and consumables, chromatography fittings and tubing, detectors, mobile phase accessories and consumables, fraction collectors, pressure regulators, and other accessories and consumables.
The columns and column-related accessories accounted for the highest revenue share of the global chromatography accessories and consumables market in 2021. Individual components of a liquid sample can be separated using chromatography columns. A chromatography column is a tube containing the stationary phase, a solid material, through which the mobile phase, a liquid sample, travels. Varying components pass through the column at different rates depending on the molecule size and polarity. The sample is subsequently divided into smaller portions, and its substance is examined. Chromatography columns are widely used in pharmaceutical, environmental sciences, and toxicology to test for impurities or poisons, which has helped the market development. The chromatography column is commonly used to measure blood alcohol levels in clinical forensic contexts.
Chromatography Accessories and Consumables Market by Technology
Based on the technology, the global chromatography accessories and consumables market is segmented into liquid chromatography, gas chromatography, HPLC, UPLC, low-pressure liquid chromatography, flash chromatography, and other technologies.
The liquid chromatography segment dominated the global chromatography accessories and consumables market in 2021. The reason behind the segment revenue growth is that any substance that can be separated by liquid chromatography includes medicines, nucleic acids, amino acids, lipids, carbohydrates, antioxidants, natural and fabricated polymers, and inorganic substances. As liquid chromatography analysis is frequently carried out at room temperature, thermally inert substances can be examined. This technique is more adaptable for maximizing separations as the retention of solutes in liquid chromatography depends on their interplay with both the mobile and stationary phases. The analytes may be retained for further examination as the chromatography detectors that are utilized are often not harmful.
Chromatography Accessories and Consumables Market by End-user
Based on the end-user, the global chromatography accessories and consumables market is segmented into pharmaceutical & biotechnology industries, academic & research institutes, the oil & gas industry, hospitals & clinics, the food & beverage industry, environmental agencies, and others.
The pharmaceutical and biochemical industries accounted for the largest revenue share of the global chromatography accessories and consumables market in 2021. The significant market revenue share of this sector can be attributed to the growth in R&D spending by pharmaceutical and biotechnology firms as well as the patent expirations of well-known medications and biomolecules. The usage of chromatography accessories and consumables in the pharmaceutical business is projected to increase in the next few years, as a result of the technology’s extensive use across industries and the sizeable investment made in research and development, which further stimulates the adoption of chromatography techniques.
Chromatography Accessories and Consumables Market by Region
Geographically, the global chromatography accessories and consumables market is segmented into North America, Europe, Asia Pacific, and the rest of the World.
North America dominated the global chromatography accessories and consumables market in 2021. The main drivers of its greatest revenue share are the widespread usage of drug development regulations in North America, government funding in the form of subsidies and grants, direct and indirect financial investments, and rising metabolomics research in the U.S. Owing to the region’s established presence of domestic enterprises, expanding healthcare infrastructure, and rising disposable incomes, the market has grown at a significant rate in North America.
The Asia Pacific market is anticipated to grow at a faster CAGR over the projection period due to rising public spending and the implementation of China’s Twelfth Five-Year Plan. The Asia Pacific’s investments in the biomedical sector are also a major driver of the market’s expansion. Thus, increasing government backing and linked organizations are expected to strengthen the market in the area.
Chromatography Accessories and Consumables Market Competitive Landscape
Key companies operating the global chromatography accessories and consumables market are:
Chromatography Accessories and Consumables Market Strategic Developments
Chromatography is a general term for scientific methods used to separate or analyze complicated mixtures. Chromatography, separation, and detection science laboratories need specific consumables and accessories for their equipment. These add-ons could include syringe filters, columns, sample vials, and equipment for setting up the samples. Fittings, valves, and autosamplers are some of the other chromatography consumables that are available in various designs.
The rising number of chromatography conferences and workshops that raise awareness about new chromatographic techniques, along with the growing usage of chromatography techniques for research activities in proteomics, medicine, genomics, and metabolomics, are the key factors driving factors for the market’s expansion.
Agilent Technologies, Bio-Rad Laboratories, Danaher Corporation, Hitachi Ltd., and Merck KGaA are key players in the global market.
The High cost of chromatography accessories and consumables and availability of advanced alternative technologies are the major restraining factors for the global chromatography accessories and consumables market.
The global chromatography accessories and consumables market is expected to register a revenue CAGR of 5.68% during the forecast period from 2020-2030.
*Insights on financial performance are subject to the availability of information in the public domain