Aftermarket Chromatography Market Size, Share, Analysis 2032
Aftermarket Chromatography Market Size, Share, Analysis 2032
Segments - Aftermarket Chromatography Market by Type (Product, Services), End-user (Pharmaceutical & Biotechnology Companies, Academic & Research Institutions, Others), and Region (North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa) - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2032
Upcoming
| Report ID :HC-6673
| 4.7 Rating
| 67 Reviews
| 320 Pages
| Format :
Report Description
Market Outlook:
The global Aftermarket Chromatography market was valued at USD 1,221.70 Million in 2023 and is anticipated to reach USD 1,805.61 Million by 2032, expanding at a CAGR of 5.0% during the forecast period.
Aftermarket chromatography focuses on the various services and products offered to support chromatography equipment users after their initial purchase. It's an essential aspect of ensuring the continued performance, uptime, and accuracy of chromatography system.
Benefits of After-Sales Chromatography:
Maximized uptime and productivity: Regular maintenance prevents breakdowns and keeps your system running smoothly.
Improved accuracy and data quality: Proper calibration and maintenance ensure reliable results.
Extended equipment lifespan: By taking care of your equipment, you can extend its life and avoid costly replacements.
Enhanced efficiency: Access to consumables, upgrades, and expert advice helps optimize your workflow and laboratory operations.
Reduced costs: Preventive maintenance and timely repairs can prevent expensive downtime and repairs
COVID-19 Impact on the Global Aftermarket Chromatography Market
The COVID-19 pandemic had a significant impact on the market. The pandemic led to a surge in demand for chromatography systems. These systems are extensively used in drug development processes, especially during the pandemic. Researchers have been using chromatography techniques to study the influence of coronavirus on the body and detect cancer cell. Continual advancements in chromatography systems have created massive opportunities for growth. These systems have evolved significantly, becoming powerful tools in laboratories.
Artificial Intelligence (AI) Impact on the Global Aftermarket Chromatography Market
AI algorithms can analyze chromatography data, recognizing patterns and anomalies more accurately than human analysts. By automating data processing, AI saves time and reduces the risk of errors.
Machine learning models predict properties of unknown samples based on historical data, streamlining analysis. AI helps predict effective separation parameters for a given sample, reducing the need for extensive experimentation. Researchers can achieve desired results faster and more efficiently using AI in liquid chromatography method development.
Macro-economic Factors
Awareness & Knowledge
The R&D sector plays a significant role in determining the growth and future advancements of a country or region. R&D activities are a pioneering approach to scientific innovation that ultimately make a meaningful difference in people’s lives all over the world. The majority of the key players in the market invest some part of their total sales in R&D activities aiming to discover new therapies or innovate their product portfolio. R&D investments in terms of new products and services, improved processes, and new ways to interact with customers can result in greater profits and lower costs.
Market Dynamics
Major Driver: Advancements In Chromatographic Technologies
The Aftermarket Chromatography market is primarily driven by factors, ongoing innovations in chromatography systems, including improvements in column chemistry, detector sensitivity, and data analysis software. These advancements enhance the reliability and robustness of liquid chromatography operations, making them more efficient and versatile.
The rising adoption of protein-based therapeutics (such as bispecific antibodies and antibody-drug conjugates) fuels demand for chromatography systems in the biopharmaceutical domain. Chromatography plays a crucial role in drug discovery and development, further contributing to market expansion.
Existing Restraint: High Initial Costs and Competition
The advanced chromatography instruments used for analytical work are highly priced, posing a significant challenge, particularly for small and medium-sized laboratories. Furthermore, the high maintenance costs and complexities associated with the replacement parts of these instruments make them inaccessible for many potential users. Even though the demand for chromatography techniques in various industry sectors like pharmaceuticals or biotechnology is high, these cost constraints can hamper market growth.
Emerging Opportunity: Increased demand for tailored solutions to meet specific industry requirements.
Companies are increasingly offering tailored chromatography accessories and consumables to meet specific analytical requirements. As industries seek precise solutions, manufacturers are adapting their products to address unique needs. Collaborations between industry leaders and research institutions are driving innovation in chromatography products. These partnerships foster the development of cutting-edge solutions that cater to diverse industry demands. Stringent quality control measures and adherence to regulatory standards remain pivotal for market players. Meeting these requirements ensures product reliability and safety. Thus, increased demand for tailored solutions to meet specific industry requirements is expected to act as an opportunity for the market over the forecast period.
Scope of the Report
The report on the global Aftermarket Chromatography market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Report Title |
Aftermarket Chromatography Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
|
Base Year |
2023 |
|
Historic Data |
2017–2022 |
|
Forecast Period |
2024–2032 |
|
Segmentation |
Type (Product, Services), End-user (Pharmaceutical & Biotechnology Companies, Academic & Research Institutions, Others) |
|
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered |
Agilent Technnologies, Inc, Alpha Laboratories, Avantor, Inc, Bio-Rad Laboratories, Inc, Chrom Tech, Inc., Cytiva, Merck KGaA, Optimize Technologies, PerkinElmer Inc, Phenomenex Inc, Restek Corporation, Shimadzu Corporation, Thermo Fisher Scientific Inc, VWR International, LLC |
Segmental Outlook
On the basis of type, the global Aftermarket Chromatography market is divided into Product and Services. The product segment is projected to expand at a significant CAGR in the coming years, as companies are increasingly offering tailored chromatography accessories and consumables to meet specific analytical requirements. Industries seek precise solutions; manufacturers are adapting their products to address unique needs.
Based on End-users, the global Aftermarket Chromatography market is divided into Pharmaceutical & Biotechnology Companies, Academic & Research Institutions, Others. The Pharmaceutical & Biotechnology Companies segment held a 73.51% market share in 2023, The demand for better diagnostics and therapies fuels the use of chromatography in sectors like pharmaceuticals and biochemistry. Integration with other analytical techniques enhances versatility and applications of chromatography accessories and aftermarket parts for the market growth.
Regional Outlook
On the basis of region, the global Aftermarket Chromatography market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA).
North America held a 36.34% % share of the market in 2023. North America, particularly the United States, holds the largest revenue share in the Aftermarket Chromatography market. This is primarily because major manufacturers, such as Agilent Technologies and others, are based in this region. The increasing investments in pharmaceutical research and development have driven the adoption of chromatography solutions globally.
The market in Europe is expected to expand at a significant growth rate in the coming years, owing to applications of aftermarket chromatography in various sectors, including pharmaceuticals, biotechnology, food safety, and environmental analysis., which further boosts the market. There is an increasing need for specialized chromatography solutions catered to the fields of precision medicine and environmental monitoring.
Key Benefits for Industry Participants & Stakeholders
-
In-depth Analysis of the Global Aftermarket Chromatography Market
-
Historical, Current, and Projected Market Size in terms of Value
-
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
-
Industry Drivers, Restraints, and Opportunities Covered in the Study
-
Recent Industry Trends and Developments
-
Competitive Landscape & Strategies of Key Players
-
Neutral Perspective on Global Aftermarket Chromatography Market performance
Segments
Type
- Product
- Services
End-user
- Pharmaceutical & Biotechnology Companies
- Academic & Research Institutions
- Others
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Market Players Profiled in the Report
- Agilent Technnologies, Inc
- Alpha Laboratories
- Avantor, Inc
- Bio-Rad Laboratories, Inc
- Chrom Tech, Inc.
- Cytiva
- Merck KGaA
- Optimize Technologies
- PerkinElmer Inc
- Phenomenex Inc
- Restek Corporation
- Shimadzu Corporation
- Thermo Fisher Scientific Inc
- VWR International, LLC
Competitive Landscape
-
Key players operating in the global Aftermarket Chromatography market include Agilent Technnologies, Inc, Alpha Laboratories, Avantor, Inc, Bio-Rad Laboratories, Inc, Chrom Tech, Inc, Cytiva, Merck KGaA, Optimize Technologies, PerkinElmer Inc, Phenomenex Inc, Restek Corporation, Shimadzu Corporation, Thermo Fisher Scientific Inc and VWR International, LLC.
-
Market players are pursuing key strategies such as acquisitions, collaborations, and geographic expansion where a potential opportunity arises for the Aftermarket Chromatography market.
-
In August 2023, Waters Corporation announced the launch of the XBridge Premier GTx BEH size exclusion chromatography (SEC) columns. These SEC columns are crafted to enhance analysis lowering the cost of gene therapies, particularly for adeno-associated viral (AAV) vectors.
-
In February 2022, Thermo Fisher Scientific Launched New Portfolio of Chromatography and Mass Spectrometry Consumables. A new collection of caps, vials, inserts, kits, well plates and mats improve analytical performance and sample security for chromatography and mass spectrometry users in routine and research laboratories.
Frequently Asked Questions
The base year considered for the global Aftermarket Chromatography market report is 2023. The complete analysis period is 2027 to 2032, wherein, 2017- 2022 are the historic years, and the forecast is provided from 2024 to 2032.
In addition to the market size (in USD Million), company market share (in % for the base year 2023) is available in the report. Moreover, additional data analysis can be provided on request.
The outbreak of coronavirus disease in 2019 (COVID-19) hampered the global economy, created global interdependence, and challenged the governments of many nations. The long-term effects of the pandemic are expected to hamper various industries during the forecast period, especially across Eastern Europe, the European Union, Eastern & Central Asia, and the US. The pandemic halted the manufacturing and transportation services and led to disturbance in the supply chain of various healthcare services, including aftermarket chromatography products.
Agilent Technnologies, Inc, Alpha Laboratories, Avantor, Inc, Bio-Rad Laboratories, Inc, Chrom Tech, Inc, Cytiva, Merck KGaA, Optimize Technologies, PerkinElmer Inc, Phenomenex Inc, Restek Corporation, Shimadzu Corporation, Thermo Fisher Scientific Inc, VWR International, LLC are the major players operating in the market.
Factors such as Awareness & Knowledge are expected to act as macro-economic factors for the market.
According to the Growth Market Reports report, the Aftermarket Chromatography market is likely to register a CAGR of 5.0% during the forecast period 2023-2032, with an anticipated valuation of USD 1,805.61 Million by the end of 2032.
Advancements in Chromatographic Technologies and increasing investments in pharmaceutical research and development are the factors driving the market.
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
Additional company profiles can be provided on request. For a discussion related to the above findings, click Speak to Analyst.
Table Of Content
Chapter 1 Executive SummaryChapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aftermarket Chromatography Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aftermarket Chromatography Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aftermarket Chromatography Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aftermarket Chromatography Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aftermarket Chromatography Market Size & Forecast, 2017-2032
4.5.1 Aftermarket Chromatography Market Size and Y-o-Y Growth
4.5.2 Aftermarket Chromatography Market Absolute $ Opportunity
4.6 Current & Future Trends
Chapter 5 Global Aftermarket Chromatography Market Analysis and Forecast By Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Type
5.1.2 Basis Point Share (BPS) Analysis By Type
5.1.3 Absolute $ Opportunity Assessment By Type
5.2 Aftermarket Chromatography Market Size Forecast By Type
5.2.1 Product
5.2.2 Services
5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Aftermarket Chromatography Market Analysis and Forecast By End-user
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By End-user
6.1.2 Basis Point Share (BPS) Analysis By End-user
6.1.3 Absolute $ Opportunity Assessment By End-user
6.2 Aftermarket Chromatography Market Size Forecast By End-user
6.2.1 Pharmaceutical & Biotechnology Companies
6.2.2 Academic & Research Institutions
6.2.3 Others
6.3 Market Attractiveness Analysis By End-user
Chapter 7 Global Aftermarket Chromatography Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aftermarket Chromatography Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aftermarket Chromatography Analysis and Forecast
9.1 Introduction
9.2 North America Aftermarket Chromatography Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aftermarket Chromatography Market Size Forecast By Type
9.6.1 Product
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis By Type
9.8 Absolute $ Opportunity Assessment By Type
9.9 Market Attractiveness Analysis By Type
9.10 North America Aftermarket Chromatography Market Size Forecast By End-user
9.10.1 Pharmaceutical & Biotechnology Companies
9.10.2 Academic & Research Institutions
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis By End-user
9.12 Absolute $ Opportunity Assessment By End-user
9.13 Market Attractiveness Analysis By End-user
Chapter 10 Europe Aftermarket Chromatography Analysis and Forecast
10.1 Introduction
10.2 Europe Aftermarket Chromatography Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aftermarket Chromatography Market Size Forecast By Type
10.6.1 Product
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis By Type
10.8 Absolute $ Opportunity Assessment By Type
10.9 Market Attractiveness Analysis By Type
10.10 Europe Aftermarket Chromatography Market Size Forecast By End-user
10.10.1 Pharmaceutical & Biotechnology Companies
10.10.2 Academic & Research Institutions
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis By End-user
10.12 Absolute $ Opportunity Assessment By End-user
10.13 Market Attractiveness Analysis By End-user
Chapter 11 Asia Pacific Aftermarket Chromatography Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aftermarket Chromatography Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aftermarket Chromatography Market Size Forecast By Type
11.6.1 Product
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis By Type
11.8 Absolute $ Opportunity Assessment By Type
11.9 Market Attractiveness Analysis By Type
11.10 Asia Pacific Aftermarket Chromatography Market Size Forecast By End-user
11.10.1 Pharmaceutical & Biotechnology Companies
11.10.2 Academic & Research Institutions
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis By End-user
11.12 Absolute $ Opportunity Assessment By End-user
11.13 Market Attractiveness Analysis By End-user
Chapter 12 Latin America Aftermarket Chromatography Analysis and Forecast
12.1 Introduction
12.2 Latin America Aftermarket Chromatography Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aftermarket Chromatography Market Size Forecast By Type
12.6.1 Product
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis By Type
12.8 Absolute $ Opportunity Assessment By Type
12.9 Market Attractiveness Analysis By Type
12.10 Latin America Aftermarket Chromatography Market Size Forecast By End-user
12.10.1 Pharmaceutical & Biotechnology Companies
12.10.2 Academic & Research Institutions
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis By End-user
12.12 Absolute $ Opportunity Assessment By End-user
12.13 Market Attractiveness Analysis By End-user
Chapter 13 Middle East & Africa (MEA) Aftermarket Chromatography Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aftermarket Chromatography Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aftermarket Chromatography Market Size Forecast By Type
13.6.1 Product
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis By Type
13.8 Absolute $ Opportunity Assessment By Type
13.9 Market Attractiveness Analysis By Type
13.10 Middle East & Africa (MEA) Aftermarket Chromatography Market Size Forecast By End-user
13.10.1 Pharmaceutical & Biotechnology Companies
13.10.2 Academic & Research Institutions
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis By End-user
13.12 Absolute $ Opportunity Assessment By End-user
13.13 Market Attractiveness Analysis By End-user
Chapter 14 Competition Landscape
14.1 Aftermarket Chromatography Market: Competitive Dashboard
14.2 Global Aftermarket Chromatography Market: Market Share Analysis, 2023
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Agilent Technnologies, Inc
14.3.2 Alpha Laboratories,
14.3.3 Avantor, Inc
14.3.4 Bio-Rad Laboratories, Inc
14.3.5 Chrom Tech, Inc
14.3.6 Cytiva
14.3.7 Merck KGaA
14.3.8 Optimize Technologies
14.3.9 PerkinElmer Inc
14.3.10 Phenomenex Inc
14.3.11 Restek Corporation
14.3.12 Shimadzu Corporation
14.3.13 Thermo Fisher Scientific Inc
14.3.14 VWR International, LLC
Methodology
Related Reports
Some other reports from this category!
Our Clients
