Supercritical Fluid Chromatography System Market
Number of pages: 100 | Report Format: PDF | Published date: March 01, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2022-2030
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Report Attribute |
Details |
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Market Size Value in 2021 |
US$ 1.4 billion |
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Revenue Forecast in 2030 |
US$ 2.04 billion |
|
CAGR |
4.3% |
|
Base Year for Estimation |
2022 |
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Forecast Period |
2023-2031 |
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Historical Year |
2021 |
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Segments Covered |
Type, End-user, and Region |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global supercritical fluid chromatography system market was valued at US$ 1.4 billion in 2021 and is expected to register a revenue CAGR of 4.3% to reach US$ 2.04 billion by 2030.
Supercritical Fluid Chromatography System Market Fundamentals
The supercritical fluid chromatography system market is expected to grow steadily in the next few years, driven by the increasing demand for more accurate and efficient separation techniques in various industries. The pharmaceutical industry is one of the key users of supercritical fluid chromatography (SFC) due to its widening usage in drug development and quality control. SFC is also used extensively in the analysis of natural products, including herbal medicines and plant extracts, and in the food and beverage industry to analyze food additives and flavor compounds. Advancements in SFC technology, such as the development of more efficient and accurate systems, are also driving market revenue growth. Additionally, SFC is gaining popularity in environmental and forensic science for analyzing pollutants and contaminants.
SFC uses supercritical fluids, such as carbon dioxide, as a mobile phase to separate and analyze the components of a sample. Supercritical fluids in SFC offer several advantages over traditional liquid chromatography techniques, including faster analysis times, higher resolution, and increased efficiency. SFC systems typically include pumps, detectors, columns, and software that work together to deliver precise and accurate results. As demand for more accurate and efficient separation techniques increases across various industries, the supercritical fluid chromatography system market is likely to experience continued innovation and development in the next few years.
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Supercritical Fluid Chromatography System Market Dynamics
The usage of SFC in pharmaceutical analysis is growing due to its ability to separate enantiomers and isomers, which is essential for drug development and quality control. SFC provides higher resolution and faster analysis times than traditional chromatography techniques, boosting the revenue growth of the supercritical fluid chromatography system market. SFC is also being used extensively in the analysis of natural products, including herbal medicines and plant extracts, as it allows for separating complex mixtures and isolating specific compounds. The development of more efficient and accurate SFC systems, such as improved column technologies and more sensitive detectors, is driving the revenue growth of the supercritical fluid chromatography system market.
The development of software for data analysis and automation is increasing the efficiency of SFC analysis. SFC is being used increasingly in environmental and forensic science to analyze pollutants and contaminants. SFC provides a highly accurate and sensitive analysis of environmental samples, making it an effective tool for environmental monitoring and forensic investigations.
However, the initial investment in SFC equipment and ongoing operational costs can be relatively high, restricting the global supercritical fluid chromatography system market revenue growth. SFC requires specialized stationary phases that can withstand the high-pressure conditions of the technique. The limited range of compatible stationary phases is also hindering the revenue growth of the supercritical fluid chromatography system market.
Supercritical Fluid Chromatography System Market Ecosystem
The global supercritical fluid chromatography system market is analyzed from three perspectives: type, end-user, and region.
Supercritical Fluid Chromatography System Market by Type
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Based on the type, the global supercritical fluid chromatography system market is segmented into preparative and analytical SFCs.
The analytical SFCs segment dominated the supercritical fluid chromatography system market with the largest revenue share in 2021. The prominent position of this segment is attributed to the versatility and advantages of SFC technology for analytical applications in various industries. SFC provides faster analysis times, higher resolution, and the ability to separate complex mixtures of compounds quickly and accurately, making it an attractive option for analytical chemists. The development of more efficient and accurate systems and the availability of software for data analysis and automation have increased the efficiency and effectiveness of SFC analysis, further driving the development of the analytical supercritical fluid chromatography market. Furthermore, SFC technology is increasingly used in environmental and forensic science to analyze pollutants and contaminants. SFC provides a highly accurate and sensitive analysis of environmental samples, making it an effective tool for environmental monitoring and forensic investigations.
Supercritical Fluid Chromatography System Market by End-user
Based on the end-user, the global supercritical fluid chromatography system market is segmented into research laboratories, pharmaceutical industry, and others.
The pharmaceutical industry segment accounted for a significant revenue share of the supercritical fluid chromatography system market in 2021, due to the critical role that SFC technology plays in drug development and quality control. SFC technology offers several advantages that make it an attractive option for various analytical applications in the pharmaceutical industry. The increasing demand for new drugs and the rising need for fast and accurate analysis of pharmaceutical compounds are propelling segment revenue growth. The development of more efficient and accurate SFC systems, including improved column technologies and more sensitive detectors, has made it an increasingly attractive option for pharmaceutical analytical chemists, further driving the dominance of the pharmaceutical industry segment.
Supercritical Fluid Chromatography System Market by Region
Geographically, the global supercritical fluid chromatography system market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World.
North America accounted for a significant market revenue share in 2021. The growing demand for accurate and efficient analytical techniques in various industries, including pharmaceuticals, food and beverage, and environmental monitoring, is a significant driver of the North America supercritical fluid chromatography system market. The adoption of advanced SFC technology, including improved column technologies, sensitive detectors, and software for data analysis and automation, has increased the efficiency and effectiveness of SFC analysis, further driving the revenue growth of the North America market. The presence of supportive government policies and initiatives promoting the usage of advanced analytical techniques, including SFC, in various industries has contributed to regional revenue growth. The investment in research and development activities by key players in the North America supercritical fluid chromatography system market to develop more efficient and accurate SFC systems, including using novel materials, is driving the regional market growth.
Supercritical Fluid Chromatography System Market Competitive Landscape
The prominent players operating in the global supercritical fluid chromatography system market are:
Supercritical Fluid Chromatography System Market Strategic Developments
The global supercritical fluid chromatography system market was valued at US$ 1.4 billion in 2021.
Supercritical fluid chromatography (SFC) is a chromatographic technique that uses supercritical fluids, such as carbon dioxide, as a mobile phase to separate and analyze the components of a sample.
The prominent players operating in the global supercritical fluid chromatography system market are Agilent Technologies, Inc., Shimadzu Scientific Instruments Incorporated, JASCO Corporation, Sartorius AG, and Thermo Fisher Scientific Inc.
The analytical segment dominates the global supercritical fluid chromatography system market.
North America accounts for the largest revenue share of the global market.
*Insights on financial performance are subject to the availability of information in the public domain